AMEE.DE vs. QCLN.DE
AMEE.DE (Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc) and QCLN.DE (First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc) are both Energy Equities funds - AMEE.DE tracks the Bloomberg Hydrogen ESG while QCLN.DE tracks the S&P Global Clean Energy TR USD. Both are passively managed. Over the past 5 years, AMEE.DE returned 28.59%/yr vs 2.29%/yr for QCLN.DE. At a 0.42 correlation, their price movements are largely independent. AMEE.DE charges 0.45%/yr vs 0.60%/yr for QCLN.DE.
Performance
AMEE.DE vs. QCLN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMEE.DE achieves a 27.83% return, which is significantly lower than QCLN.DE's 49.11% return.
AMEE.DE
- 1D
- -0.87%
- 1M
- -2.39%
- YTD
- 27.83%
- 6M
- 26.99%
- 1Y
- 61.42%
- 3Y*
- 32.97%
- 5Y*
- 28.59%
- 10Y*
- 15.13%
QCLN.DE
- 1D
- -1.82%
- 1M
- 14.31%
- YTD
- 49.11%
- 6M
- 47.01%
- 1Y
- 111.97%
- 3Y*
- 8.07%
- 5Y*
- 2.29%
- 10Y*
- —
AMEE.DE vs. QCLN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AMEE.DE Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc | 27.83% | 37.58% | 15.56% | 12.19% | 35.81% | 24.69% |
QCLN.DE First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc | 49.11% | 16.50% | -14.54% | -10.39% | -26.09% | -12.74% |
Correlation
The correlation between AMEE.DE and QCLN.DE is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2021 | 0.42 |
Over the past year, AMEE.DE and QCLN.DE have become more correlated (0.68) than their long-term average of 0.42, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMEE.DE vs. QCLN.DE — Risk / Return Rank
AMEE.DE
QCLN.DE
AMEE.DE vs. QCLN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) and First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AMEE.DE | QCLN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.44 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 7.71 | 7.93 | -0.22 |
| Martin ratioReturn relative to average drawdown | 23.88 | 24.33 | -0.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AMEE.DE | QCLN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.24 | 3.20 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.27 | 0.06 | +1.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | -0.08 | +0.48 |
Drawdowns
AMEE.DE vs. QCLN.DE - Drawdown Comparison
The maximum AMEE.DE drawdown since its inception was -59.14%, smaller than the maximum QCLN.DE drawdown of -69.59%. Use the drawdown chart below to compare losses from any high point for AMEE.DE and QCLN.DE.
Loading charts...
Drawdown Indicators
| AMEE.DE | QCLN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.14% | -69.59% | +10.45% |
Max Drawdown (1Y)Largest decline over 1 year | -7.92% | -14.04% | +6.12% |
Max Drawdown (3Y)Largest decline over 3 years | -15.74% | -56.68% | +40.94% |
Max Drawdown (5Y)Largest decline over 5 years | -19.23% | -69.59% | +50.36% |
Max Drawdown (10Y)Largest decline over 10 years | -59.14% | — | — |
Current DrawdownCurrent decline from peak | -3.54% | -20.21% | +16.67% |
Average DrawdownAverage peak-to-trough decline | -10.65% | -39.08% | +28.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 4.59% | -2.03% |
Volatility
AMEE.DE vs. QCLN.DE - Volatility Comparison
The current volatility for Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) is 7.10%, while First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE) has a volatility of 14.59%. This indicates that AMEE.DE experiences smaller price fluctuations and is considered to be less risky than QCLN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMEE.DE | QCLN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 14.59% | -7.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.18% | 24.80% | -10.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.89% | 34.84% | -15.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.25% | 36.29% | -14.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.74% | 36.76% | -11.02% |
AMEE.DE vs. QCLN.DE - Expense Ratio Comparison
AMEE.DE has a 0.45% expense ratio, which is lower than QCLN.DE's 0.60% expense ratio.
Dividends
AMEE.DE vs. QCLN.DE - Dividend Comparison
Neither AMEE.DE nor QCLN.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEE.DE and QCLN.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMEE.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMEE.DE is cheaper with a 0.45% expense ratio, compared with 0.60% for QCLN.DE.
AMEE.DE tracks Bloomberg Hydrogen ESG, while QCLN.DE tracks S&P Global Clean Energy TR USD. They also come from different issuers: Amundi and First Trust. Their fees differ too: 0.45% for AMEE.DE and 0.60% for QCLN.DE.
Find the right allocation for AMEE.DE and QCLN.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer