QCLN - ETF AI Analysis

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First Trust Nasdaq Clean Edge Green Energy Index Fund (QCLN)

Rating:66Neutral

Price Target:―

The ETF QCLN, focused on clean energy, has a solid overall rating, driven by strong contributions from holdings like Tesla and ON Semiconductor. Tesla's robust financial performance and growth potential, alongside ON Semiconductor's technological advancements and cash flow management, significantly bolster the fund's rating. However, weaker holdings such as Albemarle, which faces financial challenges and valuation concerns, slightly weigh down the overall score. Investors should note the fund's concentration in the clean energy sector, which may pose risks during periods of market volatility in this industry.

Positive Factors

Strong Year-to-Date Performance

The ETF has delivered solid gains year-to-date, reflecting positive momentum in clean energy investments.

Sector Diversification

The fund is spread across multiple sectors like technology, industrials, and consumer cyclical, reducing reliance on any single industry.

Top Holdings with Positive Returns

Several top holdings, such as Tesla, First Solar, and MP Materials, have shown strong year-to-date performance, supporting the fund's growth.

Negative Factors

High Geographic Concentration

The ETF is heavily concentrated in U.S. companies, with limited exposure to international markets, increasing vulnerability to domestic risks.

Underperforming Holdings

Some key holdings, like ON Semiconductor and Rivian Automotive, have lagged in performance, potentially dragging down overall returns.

Moderate Expense Ratio

The fund's expense ratio is higher than some low-cost ETFs, which could slightly reduce net returns for investors over time.

QCLN vs. SPDR S&P 500 ETF (SPY)

AUM577.75M

RegionNorth America

Expense Ratio0.56%

Beta1.30

IssuerFirst Trust

Inception DateFeb 08, 2007

Dividend Yield0.24%

Asset ClassEquity

Index TrackedNASDAQ Clean Edge Green Energy

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume121,164

30 Day Avg. Volume115,967

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

51.63

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering49

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

QCLN Summary

The First Trust Nasdaq Clean Edge Green Energy Index Fund (QCLN) is an ETF that focuses on companies leading the renewable energy revolution. It tracks the Nasdaq Clean Edge Green Energy Index, which includes businesses involved in solar and wind energy, electric vehicles, and advanced battery technologies. Well-known companies like Tesla and First Solar are part of this fund, making it a great option for investors interested in clean energy growth and sustainability. However, new investors should be aware that the ETF's performance can fluctuate with the renewable energy market, which is influenced by factors like government policies and energy demand.

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 the renewable energy wave with a strong focus on electric vehicles and clean technology, led by names like Rivian and Tesla. Rivian’s rising momentum and Tesla’s steady performance are helping drive the fund, though ON Semiconductor’s mixed results and MP Materials’ lagging returns are holding it back. The ETF leans heavily into technology and industrials, reflecting its clean energy theme, with a clear U.S. focus. While some holdings show promise, others face valuation and profitability challenges, making the fund’s performance a blend of highs and lows.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
ON	ON Semiconductor	9.09%	$52.03M	$24.90B	4.42%	73 Outperform
RIVN	Rivian Automotive	8.99%	$51.47M	$24.59B	39.97%	61 Neutral
BE	Bloom Energy	8.50%	$48.66M	$25.54B	399.75%	62 Neutral
TSLA	Tesla	7.72%	$44.20M	$1.43T	10.34%	73 Outperform
FSLR	First Solar	6.88%	$39.37M	$25.87B	28.84%	75 Outperform
ALB	Albemarle	4.64%	$26.57M	$19.02B	81.17%	58 Neutral
MP	MP Materials	3.76%	$21.50M	$11.08B	215.07%	61 Neutral
NXT	Nextpower Inc	3.71%	$21.24M	$13.18B	109.78%	78 Outperform
AYI	Acuity Brands	3.35%	$19.18M	$11.32B	2.75%	77 Outperform
BEP.UN	Brookfield Renewable Partners	3.27%	$18.70M	C$26.09B	18.69%	56 Neutral

QCLN Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

45.32

Positive

100DMA

43.28

Positive

200DMA

37.41

Positive

Market Momentum

MACD

0.67

Negative

RSI

59.27

Neutral

STOCH

89.20

Negative

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 46.05, equal to the 50-day MA of 45.32, and equal to the 200-day MA of 37.41, indicating a bullish trend. The MACD of 0.67 indicates Negative momentum. The RSI at 59.27 is Neutral, neither overbought nor oversold. The STOCH value of 89.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QCLN.

QCLN Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
QCLN	―	―	$577.75M	0.56%	―
PWRD	―	―	$981.00M	0.75%	―
PNQI	―	―	$768.00M	0.60%	―
SIXG	―	―	$681.09M	0.30%	―
CNRG	―	―	$197.61M	0.45%	―
ACES	―	―	$112.86M	0.55%	―

Performance Comparison

QCLN

First Trust Nasdaq Clean Edge Green Energy Index Fund

47.70

13.59

39.84%

PWRD

Tcw Transform Systems Etf

―

PNQI

Invesco NASDAQ Internet ETF

―

SIXG

Defiance Connective Technologies Etf

―

CNRG

SPDR S&P Kensho Clean Power ETF

―

ACES

ALPS Clean Energy ETF

―

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.

Disclaimer

This 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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