BFJL vs. QCLN

Last updated Jul 17, 2026

BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) and QCLN (First Trust NASDAQ Clean Edge Green Energy Index Fund) are both exchange-traded funds - BFJL is a Defined Outcome fund managed by First Trust, while QCLN is a Alternative Energy Equities fund tracking the Nasdaq Clean Edge Green Energy Index. Over the past year, BFJL returned -15.77% vs 49.81% for QCLN. At a 0.37 correlation, their price movements are largely independent. BFJL charges 0.90%/yr vs 0.59%/yr for QCLN.

Performance

BFJL vs. QCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) 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, BFJL achieves a -4.47% return, which is significantly lower than QCLN's 17.05% return.

BFJL

• 1D: -0.40%
• 1M: 3.41%
• 6M: -7.73%
• YTD: -4.47%
• 1Y: -15.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QCLN

• 1D: -4.73%
• 1M: -15.37%
• 6M: 5.79%
• YTD: 17.05%
• 1Y: 49.81%
• 3Y*: -2.01%
• 5Y*: -2.94%
• 10Y*: 13.92%

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

BFJL vs. QCLN - Yearly Performance Comparison

	2026 (YTD)	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	-4.47%	-7.43%
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	17.05%	36.64%

Correlation

The correlation between BFJL and QCLN is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.37

Return for Risk

BFJL vs. QCLN — Risk / Return Rank

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

BFJL

BFJL Risk / Return Rank: 2
BFJL Sharpe Ratio Rank: 0
BFJL Sortino Ratio Rank: 1
BFJL Omega Ratio Rank: 1
BFJL Calmar Ratio Rank: 3
BFJL Martin Ratio Rank: 4

QCLN

QCLN Risk / Return Rank: 46
QCLN Sharpe Ratio Rank: 43
QCLN Sortino Ratio Rank: 41
QCLN Omega Ratio Rank: 39
QCLN Calmar Ratio Rank: 51
QCLN Martin Ratio Rank: 54

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.

BFJL vs. QCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) 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.

	BFJL	QCLN	Difference
Sharpe ratio: Return per unit of total volatility	-1.21	1.27	-2.47
Sortino ratio: Return per unit of downside risk	-1.63	1.76	-3.39
Omega ratio: Gain probability vs. loss probability	0.80	1.22	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.74	2.11	-2.85
Martin ratio: Return relative to average drawdown	-1.03	7.47	-8.51

BFJL vs. QCLN - Sharpe Ratio Comparison

The current BFJL Sharpe Ratio is -1.21, which is lower than the QCLN Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of BFJL 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

BFJL vs. QCLN - Drawdown Comparison

The maximum BFJL drawdown since its inception was -21.27%, smaller than the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for BFJL and QCLN.

Drawdown Indicators

	BFJL	QCLN	Difference
Max Drawdown Largest peak-to-trough decline	-21.27%	-76.18%	+54.91%
Max Drawdown (1Y) Largest decline over 1 year	-21.27%	-23.78%	+2.51%
Max Drawdown (3Y) Largest decline over 3 years	—	-56.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-69.49%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-71.73%	—
Current Drawdown Current decline from peak	-18.46%	-39.53%	+21.07%
Average Drawdown Average peak-to-trough decline	-12.67%	-43.37%	+30.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.27%	6.68%	+8.59%

Volatility

BFJL vs. QCLN - Volatility Comparison

The current volatility for FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) is 2.86%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 16.47%. This indicates that BFJL 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

	BFJL	QCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	16.47%	-13.61%
Volatility (6M) Calculated over the trailing 6-month period	6.80%	32.45%	-25.65%
Volatility (1Y) Calculated over the trailing 1-year period	13.16%	39.56%	-26.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.27%	38.88%	-25.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.27%	35.41%	-22.14%

BFJL vs. QCLN - Expense Ratio Comparison

BFJL has a 0.90% expense ratio, which is higher than QCLN's 0.59% expense ratio.

Dividends

BFJL vs. QCLN - Dividend Comparison

BFJL's dividend yield for the trailing twelve months is around 1.41%, more than QCLN's 0.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	1.41%	1.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	0.16%	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 BFJL and QCLN in my portfolio?

BFJL and QCLN have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BFJL or QCLN?

QCLN has higher volatility (16.47%) compared to BFJL (2.86%). In terms of maximum drawdown, BFJL dropped -21.27% vs QCLN's -76.18%.

Which ETF is better, BFJL or QCLN?

On 1-year performance, QCLN leads with 49.81% vs -15.77% for BFJL. On fees, QCLN is cheaper at 0.59% per year. On volatility, BFJL has been the lower-risk option at 2.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BFJL or QCLN?

Over the 1-year period, QCLN has performed better with a 49.81% return vs -15.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BFJL or QCLN?

QCLN is cheaper with a 0.59% expense ratio, compared with 0.90% for BFJL.

Which ETF pays a higher dividend yield, BFJL or QCLN?

BFJL has the higher dividend yield at 1.41%, compared with 0.16% for QCLN.

What is the main difference between BFJL and QCLN?

BFJL is categorized as Defined Outcome, while QCLN is Alternative Energy Equities. Their fees differ too: 0.90% for BFJL and 0.59% for QCLN.

Which has better risk-adjusted returns?

QCLN currently has the higher Sharpe Ratio (1.27 vs -1.21), 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.