QCLN vs. SDP ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to ProShares UltraShort Utilities (SDP)
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
$35.20
Average Daily Volume
109,600
46
SDP
ProShares UltraShort Utilities
SDP Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.Grade (RS Rating)
Last Trade
$7.43
Average Daily Volume
37,751
46
Performance
| Period | QCLN | SDP |
|---|---|---|
| 30 Days | 0.03% | -12.44% |
| 60 Days | 6.01% | -16.87% |
| 90 Days | -1.12% | -28.53% |
| 12 Months | -14.56% | -52.64% |
0 Overlapping Holdings
| Symbol | Grade | Weight in QCLN | Weight in SDP | Overlap |
|---|
QCLN Overweight 46 Positions Relative to SDP
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | 9.42% | |
| FSLR | C | 8.71% | |
| ON | F | 7.4% | |
| ENPH | D | 7.36% | |
| RIVN | F | 5.58% | |
| ALB | D | 4.12% | |
| OLED | C | 4.11% | |
| AYI | A | 4.1% | |
| LCID | D | 3.46% | |
| ITRI | C | 2.45% | |
| ALGM | F | 2.39% | |
| ORA | B | 2.37% | |
| RUN | D | 2.1% | |
| ENS | C | 2.07% | |
| HASI | C | 2.03% | |
| AEIS | D | 2.0% | |
| POWI | F | 1.83% | |
| MP | C | 1.54% | |
| FLNC | C | 1.5% | |
| NEP | D | 1.33% | |
| CWEN | A | 1.28% | |
| BE | F | 1.24% | |
| ASPN | C | 1.12% | |
| PLUG | F | 1.02% | |
| SQM | D | 0.85% | |
| PSNY | C | 0.81% | |
| RNW | D | 0.78% | |
| VICR | C | 0.71% | |
| SEDG | F | 0.67% | |
| AMRC | B | 0.67% | |
| NOVA | D | 0.66% | |
| WOLF | F | 0.65% | |
| ARRY | F | 0.52% | |
| SHLS | F | 0.49% | |
| AMSC | D | 0.45% | |
| MNTK | D | 0.39% | |
| CLNE | C | 0.35% | |
| CHPT | F | 0.3% | |
| EOSE | B | 0.29% | |
| WLDN | A | 0.29% | |
| AMPS | F | 0.27% | |
| LYTS | B | 0.24% | |
| LNZA | D | 0.17% | |
| TPIC | C | 0.11% | |
| WBX | F | 0.11% | |
| BLNK | F | 0.09% |
QCLN Underweight 46 Positions Relative to SDP
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEE | A | -12.13% | |
| SO | A | -6.91% | |
| D | A | -6.77% | |
| DUK | B | -6.69% | |
| AEP | B | -4.77% | |
| EXC | A | -4.51% | |
| SRE | A | -4.34% | |
| XEL | A | -3.36% | |
| WEC | A | -2.98% | |
| ED | A | -2.94% | |
| PEG | A | -2.93% | |
| ES | A | -2.81% | |
| EIX | A | -2.7% | |
| FE | A | -2.6% | |
| PPL | A | -2.56% | |
| DTE | A | -2.52% | |
| ETR | A | -2.46% | |
| AWK | C | -2.31% | |
| AEE | A | -1.92% | |
| CMS | A | -1.82% | |
| EVRG | B | -1.5% | |
| LNT | A | -1.35% | |
| ATO | A | -1.34% | |
| AES | B | -1.33% | |
| CNP | B | -1.33% | |
| WTRG | D | -1.07% | |
| NI | A | -1.06% | |
| PNW | A | -1.03% | |
| VST | A | -1.01% | |
| NRG | A | -0.95% | |
| UGI | C | -0.91% | |
| MDU | C | -0.58% | |
| IDA | B | -0.54% | |
| HE | F | -0.51% | |
| POR | B | -0.51% | |
| OGS | A | -0.49% | |
| BKH | B | -0.49% | |
| SR | A | -0.42% | |
| ALE | A | -0.42% | |
| SWX | C | -0.41% | |
| NJR | C | -0.41% | |
| PNM | B | -0.4% | |
| NFG | A | -0.38% | |
| NWE | A | -0.37% | |
| AVA | B | -0.32% | |
| AGR | C | -0.28% |
QCLN: Top Represented Industries & Keywords
SDP: Top Represented Industries & Keywords
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