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 Year-to-Date Performance
The fund has delivered strong gains so far this year, showing solid momentum in its clean energy focus.
Leading Holdings with Strong Gains
Several of the largest positions, such as Monolithic Power, Bloom Energy, ON Semiconductor, and Advanced Energy, have posted strong gains, helping drive the ETF’s overall performance.
Sector Diversification Within Clean Energy
Holdings spread across technology, industrials, consumer cyclical, utilities, and materials help reduce the impact if any one clean energy segment struggles.
Negative Factors
High Concentration in Top Holdings
A small group of companies, including Tesla, Bloom Energy, and ON Semiconductor, make up a large share of the fund, increasing the impact if any of them run into trouble.
Several Large Positions Are Weak
Key holdings like Tesla, First Solar, Rivian, Acuity Brands, and Albemarle have shown weak or negative performance, which can drag on the fund despite other winners.
Heavy U.S. and Clean Energy Focus
With almost all assets in U.S. stocks and a narrow focus on clean energy, the fund is highly sensitive to swings in this specific sector and region.
QCLN vs. SPDR S&P 500 ETF (SPY)
AUM587.72M
RegionNorth America
Expense Ratio0.59%
Beta1.39
IssuerFirst Trust
Inception DateFeb 08, 2007
Dividend Yield0.2%
Asset ClassEquity
Index TrackedNASDAQ Clean Edge Green Energy
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume246,874
30 Day Avg. Volume245,904
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
68.48Price 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 other green solutions. 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 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 leaning heavily on U.S.-listed clean-tech and semiconductor names, with Monolithic Power and ON Semiconductor quietly rising as steady engines for the fund. Bloom Energy has been a standout climber this year, adding some spark, while Advanced Energy has chipped in with generally solid momentum. On the flip side, Tesla is losing steam and dragging returns, and First Solar and Albemarle have been lagging as sentiment cools around solar and battery materials. Overall, it’s a concentrated bet on U.S. green energy hardware and EV ecosystems.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Monolithic Power | 9.01% | $53.42M | $64.66B | 81.52% | 75 Outperform | |
| Bloom Energy | 7.79% | $46.20M | $61.00B | 460.48% | 62 Neutral | |
| Tesla | 7.60% | $45.05M | $1.22T | 2.84% | 73 Outperform | |
| ON Semiconductor | 7.44% | $44.13M | $32.59B | 43.63% | 73 Outperform | |
| First Solar | 7.20% | $42.69M | $22.14B | 14.71% | 75 Outperform | |
| Rivian Automotive | 6.31% | $37.42M | $24.36B | 22.94% | 61 Neutral | |
| Advanced Energy | 3.81% | $22.57M | $10.43B | 114.06% | 67 Neutral | |
| Acuity Brands | 3.74% | $22.17M | $10.11B | 7.73% | 77 Outperform | |
| Brookfield Renewable Partners | 3.62% | $21.44M | C$31.33B | 27.22% | 56 Neutral | |
| Albemarle | 3.58% | $21.22M | $13.89B | 73.25% | 58 Neutral |
QCLN Technical Analysis
Negative
―
Price Trends
58.51
Negative
55.60
Negative
51.34
Negative
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QCLN, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 52.49, equal to the 50-day MA of 58.51, and equal to the 200-day MA of 51.34, indicating a bearish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QCLN.
QCLN Peer Comparison
Comparison Results
Performance Comparison
QCLN
First Trust Nasdaq Clean Edge Green Energy Index Fund
49.26
14.54
41.88%
AIPO
Defiance AI & Power Infrastructure ETF
―
―
―
SAMT
Strategas Macro Thematic Opportunities ETF
―
―
―
UFOX
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.
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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