QCLN vs. CTEC ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to Global X CleanTech ETF (CTEC)
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ(R) Clean Edge(R) Green Energy Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market capitalization-weighted index in which larger companies receive a larger Index weighting and includes caps to prevent high concentrations among larger alternative energy stocks. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$33.18
Average Daily Volume
113,726
46
CTEC
Global X CleanTech ETF
CTEC Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. It is non-diversified.Grade (RS Rating)
Last Trade
$7.05
Average Daily Volume
13,959
13
Performance
Period | QCLN | CTEC |
---|---|---|
30 Days | -1.51% | -4.48% |
60 Days | -4.34% | -10.33% |
90 Days | -4.29% | -11.57% |
12 Months | -8.94% | -28.62% |
QCLN Overweight 37 Positions Relative to CTEC
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | A | 12.33% | |
ON | F | 7.3% | |
AYI | B | 5.49% | |
RIVN | F | 5.43% | |
ALB | B | 4.8% | |
OLED | F | 3.64% | |
ITRI | B | 2.94% | |
LCID | F | 2.82% | |
ORA | B | 2.67% | |
AEIS | B | 2.35% | |
ENS | D | 2.18% | |
ALGM | F | 2.14% | |
POWI | D | 1.96% | |
HASI | F | 1.78% | |
MP | C | 1.71% | |
RUN | F | 1.35% | |
CWEN | C | 1.26% | |
VICR | C | 0.98% | |
NEP | F | 0.88% | |
SQM | D | 0.85% | |
RNW | D | 0.72% | |
AMSC | C | 0.68% | |
ASPN | F | 0.65% | |
PSNY | F | 0.58% | |
WOLF | F | 0.54% | |
AMPS | C | 0.36% | |
CLNE | F | 0.35% | |
MNTK | F | 0.34% | |
WLDN | C | 0.33% | |
LYTS | A | 0.33% | |
NOVA | F | 0.28% | |
EOSE | D | 0.27% | |
CHPT | F | 0.26% | |
LNZA | F | 0.13% | |
BLNK | F | 0.09% | |
WBX | F | 0.08% | |
TPIC | F | 0.06% |
QCLN: Top Represented Industries & Keywords
CTEC: Top Represented Industries & Keywords