PortfoliosLab logo
CNRG vs. QCLN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CNRG and QCLN is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

CNRG vs. QCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Clean Power ETF (CNRG) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
85.51%
59.34%
CNRG
QCLN

Key characteristics

Sharpe Ratio

CNRG:

-0.37

QCLN:

-0.25

Sortino Ratio

CNRG:

-0.31

QCLN:

-0.12

Omega Ratio

CNRG:

0.97

QCLN:

0.99

Calmar Ratio

CNRG:

-0.18

QCLN:

-0.13

Martin Ratio

CNRG:

-1.01

QCLN:

-0.62

Ulcer Index

CNRG:

12.44%

QCLN:

14.95%

Daily Std Dev

CNRG:

34.62%

QCLN:

36.71%

Max Drawdown

CNRG:

-68.49%

QCLN:

-76.18%

Current Drawdown

CNRG:

-63.80%

QCLN:

-67.51%

Returns By Period

The year-to-date returns for both stocks are quite close, with CNRG having a -16.37% return and QCLN slightly lower at -17.10%.


CNRG

YTD

-16.37%

1M

-3.54%

6M

-17.64%

1Y

-11.78%

5Y*

5.42%

10Y*

N/A

QCLN

YTD

-17.10%

1M

-5.61%

6M

-16.93%

1Y

-9.83%

5Y*

4.78%

10Y*

4.49%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CNRG vs. QCLN - Expense Ratio Comparison

CNRG has a 0.45% expense ratio, which is lower than QCLN's 0.60% expense ratio.


Expense ratio chart for QCLN: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QCLN: 0.60%
Expense ratio chart for CNRG: current value is 0.45%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CNRG: 0.45%

Risk-Adjusted Performance

CNRG vs. QCLN — Risk-Adjusted Performance Rank

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

CNRG
The Risk-Adjusted Performance Rank of CNRG is 88
Overall Rank
The Sharpe Ratio Rank of CNRG is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of CNRG is 88
Sortino Ratio Rank
The Omega Ratio Rank of CNRG is 88
Omega Ratio Rank
The Calmar Ratio Rank of CNRG is 99
Calmar Ratio Rank
The Martin Ratio Rank of CNRG is 55
Martin Ratio Rank

QCLN
The Risk-Adjusted Performance Rank of QCLN is 1111
Overall Rank
The Sharpe Ratio Rank of QCLN is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of QCLN is 1111
Sortino Ratio Rank
The Omega Ratio Rank of QCLN is 1111
Omega Ratio Rank
The Calmar Ratio Rank of QCLN is 1212
Calmar Ratio Rank
The Martin Ratio Rank of QCLN is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CNRG vs. QCLN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Clean Power ETF (CNRG) 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.


The chart of Sharpe ratio for CNRG, currently valued at -0.37, compared to the broader market-1.000.001.002.003.004.00
CNRG: -0.37
QCLN: -0.25
The chart of Sortino ratio for CNRG, currently valued at -0.31, compared to the broader market-2.000.002.004.006.008.00
CNRG: -0.31
QCLN: -0.12
The chart of Omega ratio for CNRG, currently valued at 0.97, compared to the broader market0.501.001.502.002.50
CNRG: 0.97
QCLN: 0.99
The chart of Calmar ratio for CNRG, currently valued at -0.18, compared to the broader market0.002.004.006.008.0010.0012.00
CNRG: -0.18
QCLN: -0.13
The chart of Martin ratio for CNRG, currently valued at -1.01, compared to the broader market0.0020.0040.0060.00
CNRG: -1.01
QCLN: -0.62

The current CNRG Sharpe Ratio is -0.37, which is lower than the QCLN Sharpe Ratio of -0.25. The chart below compares the historical Sharpe Ratios of CNRG and QCLN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.80-0.60-0.40-0.200.000.20NovemberDecember2025FebruaryMarchApril
-0.37
-0.25
CNRG
QCLN

Dividends

CNRG vs. QCLN - Dividend Comparison

CNRG's dividend yield for the trailing twelve months is around 1.46%, more than QCLN's 1.12% yield.


TTM20242023202220212020201920182017201620152014
CNRG
SPDR S&P Kensho Clean Power ETF
1.46%1.34%1.17%1.23%1.34%0.69%1.16%0.35%0.00%0.00%0.00%0.00%
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
1.12%0.87%0.76%0.33%0.01%0.30%0.85%1.03%0.45%1.25%0.72%0.78%

Drawdowns

CNRG vs. QCLN - Drawdown Comparison

The maximum CNRG drawdown since its inception was -68.49%, smaller than the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for CNRG and QCLN. For additional features, visit the drawdowns tool.


-70.00%-65.00%-60.00%-55.00%NovemberDecember2025FebruaryMarchApril
-63.80%
-67.51%
CNRG
QCLN

Volatility

CNRG vs. QCLN - Volatility Comparison

The current volatility for SPDR S&P Kensho Clean Power ETF (CNRG) is 17.10%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 18.89%. This indicates that CNRG 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.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%NovemberDecember2025FebruaryMarchApril
17.10%
18.89%
CNRG
QCLN