QCLN vs. PBW ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to PowerShares WilderHill Clean Energy Portfolio (PBW)
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
$33.77
Average Daily Volume
113,185
46
PBW
PowerShares WilderHill Clean Energy Portfolio
PBW Description
The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$20.19
Average Daily Volume
333,320
54
Performance
Period | QCLN | PBW |
---|---|---|
30 Days | 0.18% | -2.68% |
60 Days | -3.80% | 2.89% |
90 Days | -1.60% | 3.54% |
12 Months | -6.25% | -23.37% |
30 Overlapping Holdings
Symbol | Grade | Weight in QCLN | Weight in PBW | Overlap | |
---|---|---|---|---|---|
AEIS | B | 2.35% | 1.62% | 1.62% | |
ALB | B | 4.8% | 1.91% | 1.91% | |
AMPS | C | 0.36% | 1.79% | 0.36% | |
AMRC | F | 0.51% | 1.13% | 0.51% | |
AMSC | C | 0.68% | 2.12% | 0.68% | |
ARRY | F | 0.64% | 1.63% | 0.64% | |
BE | A | 1.68% | 3.13% | 1.68% | |
BLNK | F | 0.09% | 0.44% | 0.09% | |
CHPT | F | 0.26% | 1.25% | 0.26% | |
ENPH | F | 4.45% | 0.81% | 0.81% | |
EOSE | D | 0.27% | 1.42% | 0.27% | |
FLNC | C | 1.51% | 1.44% | 1.44% | |
FSLR | F | 7.28% | 1.34% | 1.34% | |
ITRI | B | 2.94% | 1.65% | 1.65% | |
LNZA | F | 0.13% | 1.0% | 0.13% | |
MP | C | 1.71% | 1.98% | 1.71% | |
NOVA | F | 0.28% | 0.48% | 0.28% | |
OLED | F | 3.64% | 1.2% | 1.2% | |
ORA | B | 2.67% | 1.73% | 1.73% | |
PLUG | F | 0.96% | 1.54% | 0.96% | |
RIVN | F | 5.43% | 1.36% | 1.36% | |
RNW | D | 0.72% | 1.21% | 0.72% | |
RUN | F | 1.35% | 0.77% | 0.77% | |
SEDG | F | 0.41% | 0.8% | 0.41% | |
SHLS | F | 0.48% | 1.06% | 0.48% | |
SQM | D | 0.85% | 1.66% | 0.85% | |
TPIC | F | 0.06% | 0.77% | 0.06% | |
TSLA | B | 12.33% | 2.25% | 2.25% | |
WBX | F | 0.08% | 0.85% | 0.08% | |
WOLF | F | 0.54% | 1.33% | 0.54% |
QCLN Underweight 24 Positions Relative to PBW
Symbol | Grade | Weight | |
---|---|---|---|
ACHR | B | -2.16% | |
XPEV | C | -2.14% | |
MYRG | C | -2.12% | |
SLI | C | -1.87% | |
JKS | D | -1.76% | |
ESE | B | -1.74% | |
PWR | A | -1.73% | |
DAR | C | -1.69% | |
PLPC | B | -1.67% | |
JOBY | B | -1.63% | |
ENVX | F | -1.6% | |
REX | D | -1.45% | |
CTVA | C | -1.44% | |
NIO | F | -1.4% | |
BELFB | D | -1.37% | |
CSIQ | F | -1.3% | |
THRM | F | -1.3% | |
QS | D | -1.28% | |
SLDP | F | -1.1% | |
AMPX | C | -1.06% | |
FREY | B | -1.04% | |
MPWR | F | -1.01% | |
PLL | D | -0.8% | |
SOL | F | -0.43% |
QCLN: Top Represented Industries & Keywords
PBW: Top Represented Industries & Keywords