First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) belongs to the Alternative Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QCLN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QCLN
QCLN charges 0.59% annually. There are 14 ETFs in the Alternative Energy Equities category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 0.20% | 260.30M | Apr 2021 | QCLN vs LCTD | |
| Themes Uranium & Nuclear ETF | 0.35% | — | Sep 2024 | QCLN vs URAN | |
| iShares Global Clean Energy ETF | 0.39% | 3.07B | Jun 2008 | QCLN vs ICLN | |
| Fidelity Clean Energy ETF | 0.39% | 165.90M | Oct 2021 | QCLN vs FRNW | |
| Direxion Hydrogen ETF | 0.45% | 21.26M | Mar 2021 | QCLN vs HJEN |
Best Risk-Adjusted Alternatives to QCLN
QCLN has a PortfoliosLab risk / return rank of 78. There are 5 ETFs in the Alternative Energy Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 94 | 83.85M | Mar 2024 | QCLN vs IBAT | |
| Invesco Global Clean Energy ETF | 83 | 214.20M | Jun 2007 | QCLN vs PBD | |
| Global X Hydrogen ETF | 80 | 121.09M | Jul 2021 | QCLN vs HYDR | |
| Macquarie Energy Transition ETF | 79 | 12.79M | Nov 2023 | QCLN vs PWER | |
| ProShares S&P Kensho Cleantech ETF | 79 | 6.68M | Sep 2021 | QCLN vs CTEX |
Top Performing QCLN Alternatives (YTD)
QCLN is at 37.20% YTD. There are 2 ETFs in the Alternative Energy Equities category with higher YTD returns, going as high as 68.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Hydrogen ETF | 68.73% | 121.09M | Jul 2021 | QCLN vs HYDR | |
| iShares Energy Storage & Materials ETF | 57.07% | 83.85M | Mar 2024 | QCLN vs IBAT | |
| iShares Global Clean Energy ETF | 26.14% | 3.07B | Jun 2008 | QCLN vs ICLN | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 23.40% | 11.60B | Nov 2009 | QCLN vs GRID | |
| SPDR S&P Kensho Clean Power ETF | 23.15% | 243.23M | Oct 2018 | QCLN vs CNRG |
Lowest Volatility Alternatives to QCLN
QCLN has 37.45% 1-year volatility. There are 14 ETFs in the Alternative Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | QCLN vs RAYS | |
| BlackRock World ex U.S. Carbon Transition Readines... | 14.98% | 260.30M | Apr 2021 | QCLN vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 16.03% | 31.24M | May 2015 | QCLN vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 17.34% | 140.82M | Oct 2006 | QCLN vs ERTH | |
| First Trust Global Wind Energy ETF | 20.41% | 302.78M | Jun 2008 | QCLN vs FAN |
Lowest Drawdown Alternatives to QCLN
QCLN has a 1-year max drawdown of -16.40%. There are 11 ETFs in the Alternative Energy Equities category with shallower 1-year drawdowns, going as shallow as -8.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco MSCI Sustainable Future ETF | -8.07% | 140.82M | Oct 2006 | QCLN vs ERTH | |
| Global X Funds Global X Renewable Energy Producers... | -9.00% | 31.24M | May 2015 | QCLN vs RNRG | |
| Macquarie Energy Transition ETF | -10.10% | 12.79M | Nov 2023 | QCLN vs PWER | |
| BlackRock World ex U.S. Carbon Transition Readines... | -10.92% | 260.30M | Apr 2021 | QCLN vs LCTD | |
| First Trust Global Wind Energy ETF | -11.13% | 302.78M | Jun 2008 | QCLN vs FAN |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, NFTY, AIRR and span 14 categories. AUM among these funds goes as high as $14B.
Often Compared With QCLN
Investors most often compare QCLN with TAN, PBW, ACES. These 19 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare QCLN with Any Fund or Stock
Compare QCLN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QCLN with funds that move differently
First Trust NASDAQ Clean Edge Green Energy Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QCLN.
Explore QCLN Diversifiers