Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs
You take care of your investments. We like that.
Upgrade to Premium to access your Watchlist and more.
Or Login to Your Premium Account

First Trust Nasdaq Clean Edge Green Energy Index Fund

ETF
QCLN
Payout Change
Pending
Price as of:
$35.51 -0.61 -1.69%
primary theme
Sector Diversified Equity
QCLN (ETF)

First Trust Nasdaq Clean Edge Green Energy Index Fund

Payout Change
Pending
Price as of:
$35.51 -0.61 -1.69%
primary theme
Sector Diversified Equity
QCLN (ETF)

First Trust Nasdaq Clean Edge Green Energy Index Fund

Payout Change
Pending
Price as of:
$35.51 -0.61 -1.69%
primary theme
Sector Diversified Equity

Name

As of 12/03/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Nasdaq Clean Edge Green Energy Index Fund

QCLN | ETF

$35.51

$789 M

0.88%

$0.31

0.59%

Vitals

YTD Return

-15.2%

1 yr return

-5.2%

3 Yr Avg Return

-19.9%

5 Yr Avg Return

9.6%

Net Assets

$789 M

Holdings in Top 10

64.9%

52 WEEK LOW AND HIGH

$36.1
$30.48
$43.25

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 28.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 12/03/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Nasdaq Clean Edge Green Energy Index Fund

QCLN | ETF

$35.51

$789 M

0.88%

$0.31

0.59%

QCLN - Profile

Distributions

  • YTD Total Return -15.2%
  • 3 Yr Annualized Total Return -19.9%
  • 5 Yr Annualized Total Return 9.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.24%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Nasdaq Clean Edge Green Energy Index Fund
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Feb 08, 2007
  • Shares Outstanding
    36750002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Daniel Lindquist

Fund Description

The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by Nasdaq, Inc. and Clean Edge, Inc. (“Clean Edge” and together with Nasdaq Inc., the “Index Provider”). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity.The Index is designed to track the performance of clean energy companies that are publicly traded in the United States. According to the Index Provider, to be eligible for inclusion in the Index, a security must be issued by companies classified, according to Clean Edge, as technology manufacturers, developers, distributors, and/or installers in one of the following sub-sectors:•Advanced Materials (silicon; lithium;bio-based;and/or other materials and processes that enable clean-energy and low-carbon technologies)•Energy Intelligence (conservation;efficiency;smart meters; energy management systems;LEDs; smart grid;superconductors;power controls; etc.)•Energy Storage & Conversion (advanced batteries;power conversion; electric vehicles; hybrid drivetrains; hydrogen;fuel cells for stationary, portable, and transportation applications; etc.)•Renewable Electricity Generation (solar;wind; geothermal;water power;etc.)According to the Index Provider, a security’s issuer must be determined by Clean Edge to have a demonstrated ability to capture the potential of the clean-energy sector by receiving a majority (50% or more) of its revenue from clean-energy and low-carbon activities, or, in the case wherein a company has multiple business units and revenue streams, have substantial exposure to the clean-energy and low-carbon sector. In order to be eligible for inclusion in the Index, a security must meet the security eligibility criteria for security type and multiple classes of securities, be listed on a qualifying U.S. securities exchange, and meet the size, price,liquidity and other eligibility requirements of the Index. Additionally, in order to be eligible for inclusion in the Index, a security’s issuer must not be identified by the U.S. Securities and Exchange Commission as having used to audit its financial statements an accounting firm that has been identified by the Public Company Accounting Oversight Board under the Holding Foreign Companies Accountable Act. Securities selected for inclusion in the Index are weighted according to modified market capitalization methodology. At each quarter, the Index is rebalanced so that the maximum weight of any component security does not exceed 8% and no more than five securities have a weight of 8%. The excess weight of any capped security is distributed proportionally across the other component securities. If after redistribution any of the five highest ranked securities are weighted below 8%, these securities are not capped. Next, any remaining securities with weights in excess of 4% are capped at 4% and the excess weight is redistributed proportionally across the remaining securities. The process is repeated, if necessary, to derive the final weights. The Fund may invest in depositary receipts and companies with various market capitalizations.The Index is rebalanced quarterly and reconstituted semi-annually and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of March 28, 2024, the Index was composed of 56 securities and the Fund had significant investments in industrial companies and information technology companies, although this may change from time to time. In order to gain exposure to certain Chinese companies that are included in the Index but are unavailable to direct investment by foreign investors, the Fund invests significantly in non-Chinese shell companies that have created structures known as variable interest entities (“VIEs”) in order to gain exposure to such Chinese companies. The Fund’s investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of March 28, 2024. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
Read More

QCLN - Performance

Return Ranking - Trailing

Period QCLN Return Category Return Low Category Return High Rank in Category (%)
YTD -15.2% -35.4% 100.1% 79.41%
1 Yr -5.2% -34.6% 106.8% 73.53%
3 Yr -19.9%* -43.7% 24.8% 73.53%
5 Yr 9.6%* -25.5% 28.6% 28.13%
10 Yr 8.1%* 0.1% 17.1% 35.29%

* Annualized

Return Ranking - Calendar

Period QCLN Return Category Return Low Category Return High Rank in Category (%)
2023 -10.6% -34.8% 38.7% 70.59%
2022 -30.6% -72.7% 8.2% 61.76%
2021 -3.2% -31.7% 27.4% 60.61%
2020 182.2% -29.0% 233.6% 9.38%
2019 41.3% -2.0% 66.0% 22.22%

Total Return Ranking - Trailing

Period QCLN Return Category Return Low Category Return High Rank in Category (%)
YTD -15.2% -35.4% 100.1% 79.41%
1 Yr -5.2% -34.6% 106.8% 73.53%
3 Yr -19.9%* -43.7% 24.8% 73.53%
5 Yr 9.6%* -25.5% 28.6% 28.13%
10 Yr 8.1%* 0.1% 17.1% 35.29%

* Annualized

Total Return Ranking - Calendar

Period QCLN Return Category Return Low Category Return High Rank in Category (%)
2023 -10.0% -33.0% 39.0% 73.53%
2022 -30.4% -72.7% 8.2% 67.65%
2021 -3.2% -31.7% 28.3% 60.61%
2020 184.0% -28.9% 233.9% 9.38%
2019 42.6% 0.4% 66.5% 22.22%

QCLN - Holdings

Concentration Analysis

QCLN Category Low Category High QCLN % Rank
Net Assets 789 M 3.78 M 31.2 B 41.18%
Number of Holdings 55 20 389 44.12%
Net Assets in Top 10 439 M 2.31 M 5.86 B 26.47%
Weighting of Top 10 64.89% 11.2% 90.3% 29.41%

Top 10 Holdings

  1. Goldman Sachs Financial Square Treasury Obligations Fund 9.85%
  2. Tesla Inc 9.59%
  3. First Solar Inc 8.61%
  4. Enphase Energy Inc 7.33%
  5. ON Semiconductor Corp 7.32%
  6. Rivian Automotive Inc 5.47%
  7. Universal Display Corp 4.25%
  8. Acuity Brands Inc 4.24%
  9. Brookfield Renewable Partners LP 4.13%
  10. Albemarle Corp 4.12%

Asset Allocation

Weighting Return Low Return High QCLN % Rank
Stocks 		99.86% 0.00% 101.10% 26.47%
Cash 		9.91% 0.00% 82.22% 35.29%
Preferred Stocks 		0.00% 0.00% 45.68% 94.12%
Other 		0.00% -0.16% 91.95% 88.24%
Convertible Bonds 		0.00% 0.00% 3.05% 93.94%
Bonds 		0.00% 0.00% 97.85% 91.18%

Stock Sector Breakdown

Weighting Return Low Return High QCLN % Rank
Technology 		40.95% 0.00% 72.56% 16.00%
Consumer Cyclical 		19.32% 0.00% 34.19% 20.00%
Basic Materials 		16.14% 0.00% 17.92% 8.00%
Industrials 		11.92% 0.00% 90.47% 40.00%
Utilities 		10.59% 0.00% 85.14% 36.00%
Real Estate 		1.08% 0.00% 16.54% 28.00%
Healthcare 		0.00% 0.00% 65.82% 92.00%
Financial Services 		0.00% 0.00% 95.51% 92.00%
Energy 		0.00% 0.00% 32.10% 88.00%
Communication Services 		0.00% 0.00% 16.38% 92.00%
Consumer Defense 		0.00% 0.00% 50.44% 88.00%

Stock Geographic Breakdown

Weighting Return Low Return High QCLN % Rank
US 		99.86% 0.00% 101.10% 5.88%
Non US 		0.00% 0.00% 83.75% 100.00%

QCLN - Expenses

Operational Fees

QCLN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.41% 5.61% 85.29%
Management Fee 0.40% 0.25% 1.90% 14.71%
12b-1 Fee 0.00% 0.00% 1.00% 66.67%
Administrative Fee N/A 0.03% 0.19% N/A

Sales Fees

QCLN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.25% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

QCLN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

QCLN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.00% 0.00% 124.00% 63.64%

QCLN - Distributions

Dividend Yield Analysis

QCLN Category Low Category High QCLN % Rank
Dividend Yield 0.88% 0.00% 12.45% 47.06%

Dividend Distribution Analysis

QCLN Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

QCLN Category Low Category High QCLN % Rank
Net Income Ratio -0.24% -2.66% 5.19% 67.65%

Capital Gain Distribution Analysis

QCLN Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

QCLN - Fund Manager Analysis

Managers

Daniel Lindquist

Start Date

Tenure

Tenure Rank

Feb 08, 2007

15.32

15.3%

Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.

Stan Ueland

Start Date

Tenure

Tenure Rank

Feb 08, 2007

15.32

15.3%

Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.

Roger Testin

Start Date

Tenure

Tenure Rank

Feb 08, 2007

15.32

15.3%

Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.

David McGarel

Start Date

Tenure

Tenure Rank

Feb 08, 2007

15.32

15.3%

David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.

Jon Erickson

Start Date

Tenure

Tenure Rank

May 01, 2007

15.09

15.1%

Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.

Chris Peterson

Start Date

Tenure

Tenure Rank

Mar 18, 2016

6.21

6.2%

Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.

Erik Russo

Start Date

Tenure

Tenure Rank

Dec 31, 2020

1.41

1.4%

Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.25 23.1 9.26 1.25

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×