QCLN vs. ERTH ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to Invesco MSCI Sustainable Future ETF (ERTH)
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
$33.53
Average Daily Volume
88,533
46
ERTH
Invesco MSCI Sustainable Future ETF
ERTH Description
The Invesco MSCI Sustainable Future ETF (Fund) is based on the MSCI Global Environment Select Index (Index). The Fund will generally invest at least 90% of its total assets in securities that comprise the Index. The Index is comprised of companies that focus on offering products or services that contribute to a more environmentally sustainable economy by making a more efficient use of global resources. The Index is designed to maximize exposure to six Environmental Impact Themes: alternative energy, energy efficiency, green building, sustainable water, pollution prevention and control, and sustainable agriculture. The Fund and the Index are rebalanced quarterly.Grade (RS Rating)
Last Trade
$42.26
Average Daily Volume
11,989
40
Performance
Period | QCLN | ERTH |
---|---|---|
30 Days | -3.93% | -6.00% |
60 Days | -4.72% | -0.29% |
90 Days | 0.98% | 3.56% |
12 Months | -4.02% | 3.99% |
15 Overlapping Holdings
Symbol | Grade | Weight in QCLN | Weight in ERTH | Overlap | |
---|---|---|---|---|---|
AMPS | C | 0.31% | 0.06% | 0.06% | |
ARRY | D | 0.52% | 0.21% | 0.21% | |
CHPT | F | 0.29% | 0.12% | 0.12% | |
ENPH | F | 5.68% | 2.51% | 2.51% | |
FSLR | C | 7.24% | 4.34% | 4.34% | |
LCID | F | 3.12% | 0.68% | 0.68% | |
MNTK | B | 0.44% | 0.07% | 0.07% | |
NEP | F | 0.98% | 0.45% | 0.45% | |
ORA | B | 2.64% | 1.0% | 1.0% | |
PLUG | C | 0.96% | 0.38% | 0.38% | |
RIVN | F | 5.37% | 1.75% | 1.75% | |
RUN | C | 1.72% | 0.7% | 0.7% | |
SEDG | F | 0.53% | 0.2% | 0.2% | |
SHLS | F | 0.48% | 0.2% | 0.2% | |
TSLA | A | 10.02% | 5.75% | 5.75% |
QCLN Overweight 31 Positions Relative to ERTH
Symbol | Grade | Weight | |
---|---|---|---|
ON | D | 7.88% | |
AYI | A | 4.94% | |
ALB | C | 4.41% | |
OLED | F | 4.37% | |
ITRI | A | 2.55% | |
ALGM | F | 2.35% | |
HASI | B | 2.23% | |
AEIS | A | 2.22% | |
ENS | F | 2.15% | |
POWI | C | 1.96% | |
MP | B | 1.69% | |
FLNC | B | 1.49% | |
BE | D | 1.25% | |
CWEN | C | 1.25% | |
WOLF | D | 1.04% | |
SQM | D | 0.85% | |
VICR | B | 0.84% | |
RNW | F | 0.78% | |
ASPN | F | 0.76% | |
AMRC | C | 0.56% | |
PSNY | F | 0.55% | |
AMSC | A | 0.49% | |
EOSE | B | 0.41% | |
NOVA | F | 0.37% | |
WLDN | B | 0.36% | |
CLNE | D | 0.34% | |
LYTS | A | 0.26% | |
LNZA | C | 0.19% | |
BLNK | C | 0.11% | |
WBX | F | 0.1% | |
TPIC | F | 0.09% |
QCLN Underweight 25 Positions Relative to ERTH
Symbol | Grade | Weight | |
---|---|---|---|
NVDA | B | -5.38% | |
DLR | A | -5.28% | |
LI | C | -3.82% | |
WMS | F | -2.41% | |
NIO | D | -1.68% | |
VNO | B | -1.62% | |
MTH | D | -1.54% | |
XPEV | B | -1.52% | |
BMI | D | -1.39% | |
DAR | B | -1.38% | |
KBH | D | -1.35% | |
WFG | C | -1.21% | |
CUZ | B | -1.11% | |
DEI | B | -0.73% | |
AAT | C | -0.34% | |
ERII | A | -0.23% | |
PGRE | C | -0.22% | |
BDN | C | -0.22% | |
BZH | D | -0.2% | |
REX | F | -0.16% | |
JKS | A | -0.16% | |
RDUS | F | -0.1% | |
TUYA | D | -0.08% | |
MERC | D | -0.06% | |
RENB | F | -0.05% |
QCLN: Top Represented Industries & Keywords
ERTH: Top Represented Industries & Keywords