QCLN vs. NXTE ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to AXS Green Alpha ETF (NXTE)
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

$34.50

Average Daily Volume

113,002

Number of Holdings *

46

* may have additional holdings in another (foreign) market
NXTE

AXS Green Alpha ETF

NXTE Description AXS Green Alpha ETF is an actively managed portfolio seeking long-term capital appreciation. It's for the discerning, socially responsible investor looking for sustainability and the potential for above-average alpha. The ETF invests in Next Economy™ companies selected by Green Alpha Investments for their attractive growth prospects and a demonstrated commitment to promoting a sustainable environment and economy.

Grade (RS Rating)

Last Trade

$33.03

Average Daily Volume

4,254

Number of Holdings *

53

* may have additional holdings in another (foreign) market
Performance
Period QCLN NXTE
30 Days 5.96% 0.58%
60 Days -2.02% -0.07%
90 Days -3.52% 1.10%
12 Months -3.44% 12.72%
8 Overlapping Holdings
Symbol Grade Weight in QCLN Weight in NXTE Overlap
AEIS B 2.35% 0.71% 0.71%
ENPH F 4.45% 0.5% 0.5%
FSLR F 7.28% 1.55% 1.55%
HASI D 1.78% 2.22% 1.78%
RIVN F 5.43% 0.68% 0.68%
RUN F 1.35% 0.07% 0.07%
TPIC F 0.06% 0.17% 0.06%
WOLF F 0.54% 0.08% 0.08%
QCLN Overweight 38 Positions Relative to NXTE
Symbol Grade Weight
TSLA B 12.33%
ON D 7.3%
AYI B 5.49%
ALB C 4.8%
OLED D 3.64%
ITRI B 2.94%
LCID F 2.82%
ORA B 2.67%
ENS D 2.18%
ALGM D 2.14%
POWI D 1.96%
MP B 1.71%
BE B 1.68%
FLNC C 1.51%
CWEN C 1.26%
VICR B 0.98%
PLUG F 0.96%
NEP F 0.88%
SQM F 0.85%
RNW D 0.72%
AMSC B 0.68%
ASPN F 0.65%
ARRY C 0.64%
PSNY F 0.58%
AMRC F 0.51%
SHLS F 0.48%
SEDG F 0.41%
AMPS C 0.36%
CLNE D 0.35%
MNTK F 0.34%
WLDN D 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%
QCLN Underweight 45 Positions Relative to NXTE
Symbol Grade Weight
TSM B -7.71%
IBM C -5.23%
AMAT F -4.56%
SFM A -4.34%
QCOM F -3.82%
ASML F -3.7%
CRSP D -3.64%
LRCX F -3.49%
DLR B -3.36%
NGVC A -3.11%
SLG B -3.07%
EQIX A -2.38%
ABBV D -2.36%
ARE D -1.95%
VNO B -1.91%
JKS F -1.88%
SKM D -1.52%
TILE B -1.47%
HRZN F -1.45%
TREX C -1.41%
BXP D -1.41%
RPD C -1.23%
HPP F -1.2%
CRBU F -1.17%
ADI D -1.16%
MRNA F -1.09%
KRC C -1.09%
XPEV C -0.9%
SCS C -0.89%
HNST B -0.88%
BNTX D -0.82%
ZK D -0.77%
ARCT F -0.69%
FREY B -0.68%
VITL D -0.61%
CRWD B -0.61%
QS F -0.59%
PACB F -0.43%
EDIT F -0.42%
DQ F -0.38%
CSIQ F -0.37%
RXRX F -0.3%
CMC B -0.3%
VERV F -0.27%
PRME F -0.17%
Compare ETFs