ARKO vs. QCLN

Last updated Jul 15, 2026

ARKO (Arko Corp.) is a stock, while QCLN (First Trust NASDAQ Clean Edge Green Energy Index Fund) is Alternative Energy Equities fund tracking the Nasdaq Clean Edge Green Energy Index. Over the past 5 years, ARKO returned 0.16%/yr vs -2.30%/yr for QCLN. At a 0.30 correlation, their price movements are largely independent.

Performance

ARKO vs. QCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arko Corp. (ARKO) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKO achieves a 70.09% return, which is significantly higher than QCLN's 23.13% return.

ARKO

• 1D: -5.56%
• 1M: -11.36%
• 6M: 56.01%
• YTD: 70.09%
• 1Y: 70.46%
• 3Y*: 0.55%
• 5Y*: 0.16%
• 10Y*: —

QCLN

• 1D: 2.48%
• 1M: -10.72%
• 6M: 10.90%
• YTD: 23.13%
• 1Y: 58.46%
• 3Y*: 0.71%
• 5Y*: -2.30%
• 10Y*: 14.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKO vs. QCLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ARKO Arko Corp.	70.09%	-29.28%	-18.58%	-3.26%	-0.27%	-2.56%	-10.46%	1.94%
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	23.13%	31.81%	-18.86%	-10.02%	-30.37%	-3.21%	184.00%	14.18%

Correlation

The correlation between ARKO and QCLN is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jul 23, 2019	0.30

Over the past year, the correlation between ARKO and QCLN has dropped to 0.10 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.

Return for Risk

ARKO vs. QCLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARKO

ARKO Risk / Return Rank: 83
ARKO Sharpe Ratio Rank: 85
ARKO Sortino Ratio Rank: 82
ARKO Omega Ratio Rank: 80
ARKO Calmar Ratio Rank: 84
ARKO Martin Ratio Rank: 84

QCLN

QCLN Risk / Return Rank: 57
QCLN Sharpe Ratio Rank: 55
QCLN Sortino Ratio Rank: 49
QCLN Omega Ratio Rank: 48
QCLN Calmar Ratio Rank: 67
QCLN Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARKO vs. QCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arko Corp. (ARKO) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARKO	QCLN	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.50	-0.02
Sortino ratio: Return per unit of downside risk	2.17	1.99	+0.19
Omega ratio: Gain probability vs. loss probability	1.26	1.25	+0.01
Calmar ratio: Return relative to maximum drawdown	2.68	2.70	-0.02
Martin ratio: Return relative to average drawdown	6.58	9.17	-2.60

ARKO vs. QCLN - Sharpe Ratio Comparison

The current ARKO Sharpe Ratio is 1.48, which is comparable to the QCLN Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of ARKO and QCLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARKO vs. QCLN - Drawdown Comparison

The maximum ARKO drawdown since its inception was -77.23%, roughly equal to the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for ARKO and QCLN.

Drawdown Indicators

	ARKO	QCLN	Difference
Max Drawdown Largest peak-to-trough decline	-77.23%	-76.18%	-1.05%
Max Drawdown (1Y) Largest decline over 1 year	-26.40%	-21.76%	-4.64%
Max Drawdown (3Y) Largest decline over 3 years	-55.20%	-56.08%	+0.88%
Max Drawdown (5Y) Largest decline over 5 years	-64.24%	-69.49%	+5.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-71.73%	—
Current Drawdown Current decline from peak	-50.90%	-36.39%	-14.51%
Average Drawdown Average peak-to-trough decline	-51.27%	-43.37%	-7.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.78%	6.39%	+4.39%

Volatility

ARKO vs. QCLN - Volatility Comparison

The current volatility for Arko Corp. (ARKO) is 12.50%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 16.59%. This indicates that ARKO experiences smaller price fluctuations and is considered to be less risky than QCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKO	QCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.50%	16.59%	-4.09%
Volatility (6M) Calculated over the trailing 6-month period	33.56%	32.11%	+1.45%
Volatility (1Y) Calculated over the trailing 1-year period	47.91%	39.26%	+8.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.26%	38.83%	+7.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.29%	35.39%	+20.90%

Dividends

ARKO vs. QCLN - Dividend Comparison

ARKO's dividend yield for the trailing twelve months is around 1.57%, more than QCLN's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKO Arko Corp.	1.57%	2.64%	1.82%	1.45%	1.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	0.15%	0.25%	0.87%	0.76%	0.33%	0.01%	0.30%	0.85%	1.03%	0.45%	1.24%	0.72%

Frequently Asked Questions

Can I hold both ARKO and QCLN in my portfolio?

ARKO and QCLN have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKO or QCLN?

QCLN has higher volatility (16.59%) compared to ARKO (12.50%). In terms of maximum drawdown, ARKO dropped -77.23% vs QCLN's -76.18%.

Which has better risk-adjusted returns?

QCLN currently has the higher Sharpe Ratio (1.50 vs 1.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.