QCLN vs. FNGD ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to BMO REX MicroSectors FANG Index -3X Inverse Leveraged Exchange Traded Notes (FNGD)
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
$33.83
Average Daily Volume
113,185
46
FNGD
BMO REX MicroSectors FANG Index -3X Inverse Leveraged Exchange Traded Notes
FNGD Description
The investment seeks return linked to a three times inverse leveraged participation in the daily performance of the NYSE Fang+™ Index, total return (the “index”). The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.Grade (RS Rating)
Last Trade
$16.44
Average Daily Volume
2,014,677
10
Performance
Period | QCLN | FNGD |
---|---|---|
30 Days | 0.18% | -12.42% |
60 Days | -3.80% | -22.35% |
90 Days | -1.60% | -31.41% |
12 Months | -6.25% | -75.38% |
1 Overlapping Holdings
Symbol | Grade | Weight in QCLN | Weight in FNGD | Overlap | |
---|---|---|---|---|---|
TSLA | B | 12.33% | 11.71% | 11.71% |
QCLN Overweight 45 Positions Relative to FNGD
Symbol | Grade | Weight | |
---|---|---|---|
ON | F | 7.3% | |
FSLR | F | 7.28% | |
AYI | B | 5.49% | |
RIVN | F | 5.43% | |
ALB | B | 4.8% | |
ENPH | F | 4.45% | |
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% | |
BE | A | 1.68% | |
FLNC | C | 1.51% | |
RUN | F | 1.35% | |
CWEN | C | 1.26% | |
VICR | C | 0.98% | |
PLUG | F | 0.96% | |
NEP | F | 0.88% | |
SQM | D | 0.85% | |
RNW | D | 0.72% | |
AMSC | C | 0.68% | |
ASPN | F | 0.65% | |
ARRY | F | 0.64% | |
PSNY | F | 0.58% | |
WOLF | F | 0.54% | |
AMRC | F | 0.51% | |
SHLS | F | 0.48% | |
SEDG | F | 0.41% | |
AMPS | C | 0.36% | |
CLNE | F | 0.35% | |
MNTK | F | 0.34% | |
WLDN | C | 0.33% | |
LYTS | B | 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
FNGD: Top Represented Industries & Keywords