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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 Fund Performance
The ETF has shown solid gains over the year to date and in the last few months, indicating positive recent momentum.
Leading Clean Energy Holdings
Several top positions, such as Bloom Energy, ON Semiconductor, Albemarle, and MP Materials, have delivered strong year-to-date performance, helping drive the fund’s returns.
Focused Clean Energy Exposure
The fund concentrates on clean energy and related technologies, giving investors targeted access to a growing theme rather than broad market exposure.
Negative Factors
High Concentration in Top Holdings
A small number of companies make up a large share of the portfolio, which increases the impact of any sharp move in those individual stocks.
Notable Underperformers in Top Positions
Some major holdings like Tesla, Rivian, and First Solar have shown weak year-to-date performance, which can drag on overall fund returns.
Higher Expense Ratio
The fund’s expense ratio is relatively high for an ETF, meaning more of the investment return is used to cover fees.
QCLN vs. SPDR S&P 500 ETF (SPY)
AUM596.88M
RegionNorth America
Expense Ratio0.56%
Beta1.32
IssuerFirst Trust
Inception DateFeb 08, 2007
Dividend Yield0.23%
Asset ClassEquity
Index TrackedNASDAQ Clean Edge Green Energy
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume68,270
30 Day Avg. Volume95,684
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
56.04Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering49
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 materials. Well-known names in the fund include Tesla and First Solar. Someone might invest in QCLN to seek long-term growth from the shift toward cleaner energy while spreading their money across many green-focused companies instead of picking just one stock. A key risk is that it is heavily tied to the renewable energy sector, so its price can swing a lot with changes in that industry.
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 clean-energy wave powered by a few standout names. Bloom Energy and ON Semiconductor have been rising steadily, giving the fund a strong backbone, while Advanced Energy and NEXTracker add extra spark with particularly strong recent momentum. On the flip side, Tesla feels like it’s losing steam, and Rivian and MP Materials have been dragging, with more mixed or lagging performance. The fund is heavily tilted toward U.S.-listed green tech and industrial names, making it a focused bet on the broader renewable energy ecosystem rather than a globally diversified play.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Bloom Energy | 11.31% | $67.27M | $44.12B | 510.47% | 62 Neutral | |
| ON Semiconductor | 9.56% | $56.83M | $27.84B | 27.86% | 73 Outperform | |
| Tesla | 7.63% | $45.35M | $1.54T | 21.91% | 73 Outperform | |
| Rivian Automotive | 6.40% | $38.02M | $20.04B | 17.73% | 61 Neutral | |
| First Solar | 6.26% | $37.21M | $25.60B | 55.61% | 75 Outperform | |
| Advanced Energy | 4.71% | $28.02M | $12.13B | 161.76% | 67 Neutral | |
| Nextpower Inc | 4.60% | $27.34M | $18.48B | 158.76% | 78 Outperform | |
| Albemarle | 4.58% | $27.20M | $20.18B | 107.41% | 58 Neutral | |
| Brookfield Renewable Partners | 3.59% | $21.33M | C$29.35B | 35.84% | 56 Neutral | |
| MP Materials | 3.15% | $18.75M | $10.27B | 127.74% | 61 Neutral |
QCLN Technical Analysis
Positive
―
Price Trends
48.41
Positive
46.58
Positive
40.79
Positive
Market Momentum
0.52
Positive
53.13
Neutral
44.36
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 50.18, equal to the 50-day MA of 48.41, and equal to the 200-day MA of 40.79, indicating a bullish trend. The MACD of 0.52 indicates Positive momentum. The RSI at 53.13 is Neutral, neither overbought nor oversold. The STOCH value of 44.36 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
50.17
17.99
55.90%
IYZ
iShares U.S. Telecommunications ETF
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SIXG
Defiance Connective Technologies Etf
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FEPI
REX FANG & Innovation Equity Premium Income 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.
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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