QCLN - ETF AI Analysis
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First Trust Nasdaq Clean Edge Green Energy Index Fund (QCLN)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and in recent months, showing solid momentum in its clean energy focus.
Leading Growth-Oriented Holdings
Several of the largest positions, such as Bloom Energy, Monolithic Power, and ON Semiconductor, have shown strong year-to-date performance, helping drive the fund’s returns.
Targeted Clean Energy Exposure
The fund offers focused exposure to clean energy and related technologies, giving investors a simple way to invest in this long-term growth theme.
Negative Factors
High Concentration in Top Stocks
A small number of holdings make up a large share of the portfolio, which increases the impact that any one stock’s moves can have on the ETF.
Mixed Performance Among Key Names
Some major holdings like Tesla, Rivian, and First Solar have shown weak or negative year-to-date performance, which can create more volatility for the fund.
Higher Expense Ratio
The ETF’s expense ratio is relatively high compared with many broad index funds, meaning more of the return is used to cover fees.
QCLN vs. SPDR S&P 500 ETF (SPY)
AUM829.19M
RegionNorth America
Expense Ratio0.59%
Beta1.36
IssuerFirst Trust
Inception DateFeb 08, 2007
Dividend Yield0.16%
Asset ClassEquity
Index TrackedNASDAQ Clean Edge Green Energy
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume263,994
30 Day Avg. Volume192,330
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
67.16Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering52
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QCLN Summary
QCLN is an ETF that follows the Nasdaq Clean Edge Green Energy Index, focusing on companies involved in renewable energy and clean technology. It holds businesses tied to solar and wind power, electric vehicles, batteries, and related equipment. Well-known names in the fund include Tesla and First Solar. Someone might invest in QCLN to seek long-term growth from the global shift toward cleaner energy while spreading their money across many companies in this theme. A key risk is that it is heavily focused on the clean energy sector, so its price can swing a lot and may fall if this industry struggles.
How much will it cost me?The expense ratio for QCLN is 0.56%, which means you’ll pay $5.60 per year for every $1,000 invested. This is higher than average because QCLN is a thematic ETF focused on renewable energy, which requires more active management compared to broad market index funds.
What would affect this ETF?QCLN could benefit from increasing global demand for renewable energy, government incentives for clean energy projects, and advancements in technologies like electric vehicles and solar power, which align with its top holdings such as Tesla and First Solar. However, the ETF may face challenges from rising interest rates, which can increase borrowing costs for growth-focused companies, and potential regulatory changes or supply chain disruptions in the renewable energy sector. Its heavy focus on U.S.-based companies also makes it sensitive to domestic economic conditions.
QCLN Top 10 Holdings
QCLN is riding a powerful clean-energy wave, with Bloom Energy and ON Semiconductor doing much of the heavy lifting as their shares have been rising on strong growth stories. Monolithic Power has been steady, adding quiet support from the semiconductor side, while First Solar’s recent rebound helps keep the solar theme in the spotlight. Tesla, however, is losing a bit of steam and occasionally drags on returns. Overall, the fund is heavily tilted toward U.S.-listed tech and industrial names tied to renewables, making it a focused bet on the green-energy transition.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ON Semiconductor | 10.97% | $92.39M | $45.45B | 128.91% | 73 Outperform | |
| Bloom Energy | 10.44% | $87.91M | $70.79B | 1085.51% | 62 Neutral | |
| Monolithic Power | 8.62% | $72.59M | $78.09B | 134.37% | 75 Outperform | |
| First Solar | 7.25% | $61.03M | $29.14B | 52.57% | 75 Outperform | |
| Tesla | 6.31% | $53.10M | $1.50T | 24.94% | 73 Outperform | |
| Nextpower Inc | 3.62% | $30.49M | $17.98B | 100.76% | 78 Outperform | |
| Rivian Automotive | 3.41% | $28.75M | $19.59B | 24.89% | 61 Neutral | |
| Advanced Energy | 3.30% | $27.77M | $12.95B | 188.57% | 67 Neutral | |
| Brookfield Renewable Partners | 3.07% | $25.83M | C$33.90B | 31.04% | 56 Neutral | |
| MP Materials | 2.99% | $25.15M | $10.18B | 88.38% | 61 Neutral |
QCLN Technical Analysis
Positive
―
Price Trends
58.43
Positive
53.58
Positive
48.84
Positive
Market Momentum
0.58
Positive
49.89
Neutral
21.98
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QCLN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 63.05, equal to the 50-day MA of 58.43, and equal to the 200-day MA of 48.84, indicating a neutral trend. The MACD of 0.58 indicates Positive momentum. The RSI at 49.89 is Neutral, neither overbought nor oversold. The STOCH value of 21.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QCLN.
QCLN Peer Comparison
Comparison Results
Performance Comparison
QCLN
First Trust Nasdaq Clean Edge Green Energy Index Fund
61.49
28.41
85.88%
UFOX
Defiance Connective Technologies Etf
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IYZ
iShares U.S. Telecommunications ETF
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XTL
SPDR S&P Telecom ETF
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CNRG
SPDR S&P Kensho Clean Power ETF
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ACES
ALPS Clean Energy ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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