RNEW vs. QCLN ETF Comparison

Comparison of VanEck Green Infrastructure ETF (RNEW) to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)

RNEW

VanEck Green Infrastructure ETF

RNEW Description

The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.15

Average Daily Volume

105

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$34.12

Average Daily Volume

87,898

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNEW	QCLN
30 Days	-2.94%	-2.71%
60 Days	-1.79%	1.29%
90 Days	0.68%	5.64%
12 Months	9.43%	-4.72%

20 Overlapping Holdings

Symbol	Grade	Weight in RNEW	Weight in QCLN	Overlap
AMPS	C	0.31%	0.31%	0.31%
AMRC	B	0.56%	0.56%	0.56%
ARRY	D	0.54%	0.52%	0.52%
BE	D	1.23%	1.25%	1.23%
CHPT	F	0.3%	0.29%	0.29%
CLNE	C	0.36%	0.34%	0.34%
CWEN	C	1.21%	1.25%	1.21%
ENPH	D	3.49%	5.68%	3.49%
FSLR	C	3.47%	7.24%	3.47%
ITRI	A	2.56%	2.55%	2.55%
LCID	F	3.3%	3.12%	3.12%
MNTK	B	0.42%	0.44%	0.42%
NEP	F	1.29%	0.98%	0.98%
NOVA	F	0.38%	0.37%	0.37%
ORA	A	2.48%	2.64%	2.48%
PLUG	C	0.81%	0.96%	0.81%
RIVN	F	4.4%	5.37%	4.4%
RUN	C	1.72%	1.72%	1.72%
SHLS	D	0.45%	0.48%	0.45%
TSLA	B	6.39%	10.02%	6.39%

RNEW Overweight 21 Positions Relative to QCLN

Symbol	Grade	Weight
CLH	C	5.94%
LNG	A	5.91%
PWR	B	5.8%
RSG	D	5.63%
ECL	C	5.45%
WM	A	5.44%
DCI	A	4.79%
BWA	D	4.23%
CWST	D	3.23%
SRCL	A	3.01%
SWX	C	2.86%
IDA	A	2.8%
NWE	D	1.84%
NFE	F	1.0%
SPH	C	0.64%
ERII	A	0.55%
MEG	F	0.48%
REX	C	0.43%
GPRE	D	0.41%
SES	F	0.1%
FCEL	F	0.08%

RNEW Underweight 26 Positions Relative to QCLN

Symbol	Grade	Weight
ON	F	-7.88%
AYI	A	-4.94%
ALB	C	-4.41%
OLED	F	-4.37%
ALGM	F	-2.35%
HASI	A	-2.23%
AEIS	A	-2.22%
ENS	F	-2.15%
POWI	C	-1.96%
MP	B	-1.69%
FLNC	A	-1.49%
WOLF	D	-1.04%
SQM	C	-0.85%
VICR	A	-0.84%
RNW	F	-0.78%
ASPN	F	-0.76%
PSNY	F	-0.55%
SEDG	F	-0.53%
AMSC	A	-0.49%
EOSE	B	-0.41%
WLDN	B	-0.36%
LYTS	A	-0.26%
LNZA	C	-0.19%
BLNK	C	-0.11%
WBX	F	-0.1%
TPIC	D	-0.09%

RNEW: Top Represented Industries & Keywords

Industries: Waste Management Solar Utilities - Independent Power Producers Auto Manufacturers Utilities - Regulated Gas Auto Parts Electronic Components Engineering & Construction Specialty Chemicals Utilities - Diversified Utilities - Regulated Electric Chemicals Conglomerates Diversified Industrials Oil & Gas Midstream Oil & Gas Refining & Marketing Pollution & Treatment Controls Scientific & Technical Instruments Semiconductor Equipment & Materials Utilities - Renewable