FJUN vs. QCLN

Last updated Jun 25, 2026

FJUN (FT Cboe Vest U.S. Equity Buffer ETF - June) and QCLN (First Trust NASDAQ Clean Edge Green Energy Index Fund) are both exchange-traded funds - FJUN is a Large Cap Blend Equities fund tracking the Cboe S&P 500 Buffer Protect Index June, while QCLN is a Alternative Energy Equities fund tracking the Nasdaq Clean Edge Green Energy Index. Both are passively managed. Over the past 5 years, FJUN returned 10.46%/yr vs -1.46%/yr for QCLN. A 0.64 correlation means they provide meaningful diversification when combined. FJUN charges 0.85%/yr vs 0.59%/yr for QCLN.

Performance

FJUN vs. QCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) 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, FJUN achieves a 3.89% return, which is significantly lower than QCLN's 35.74% return.

FJUN

• 1D: -0.10%
• 1M: -0.54%
• YTD: 3.89%
• 6M: 3.53%
• 1Y: 11.85%
• 3Y*: 13.25%
• 5Y*: 10.46%
• 10Y*: —

QCLN

• 1D: -1.06%
• 1M: -4.54%
• YTD: 35.74%
• 6M: 29.75%
• 1Y: 86.43%
• 3Y*: 8.46%
• 5Y*: -1.46%
• 10Y*: 16.66%

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

FJUN vs. QCLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	3.89%	11.05%	16.38%	22.30%	-4.95%	11.47%	9.90%
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	35.74%	31.81%	-18.86%	-10.02%	-30.37%	-3.21%	140.14%

Correlation

The correlation between FJUN and QCLN is 0.57, 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	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Jun 22, 2020	0.64

The correlation between FJUN and QCLN has been stable across timeframes, ranging from 0.57 to 0.66 - a consistent structural relationship.

FJUN vs. QCLN - Sectors Allocation Comparison

Sectors	FJUN	QCLN
Technology	39.0%	47.6%
Financial Services	11.1%	1.4%
Communication Services	10.6%	-
Consumer Cyclical	9.9%	10.2%
Healthcare	8.3%	-
Industrials	7.8%	24.8%
Consumer Defensive	4.5%	-
Energy	3.1%	0.1%
Utilities	2.1%	8.1%
Real Estate	1.8%	-
Basic Materials	1.7%	7.8%

Return for Risk

FJUN vs. QCLN — Risk / Return Rank

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

FJUN

FJUN Risk / Return Rank: 79
FJUN Sharpe Ratio Rank: 76
FJUN Sortino Ratio Rank: 83
FJUN Omega Ratio Rank: 85
FJUN Calmar Ratio Rank: 66
FJUN Martin Ratio Rank: 87

QCLN

QCLN Risk / Return Rank: 79
QCLN Sharpe Ratio Rank: 81
QCLN Sortino Ratio Rank: 68
QCLN Omega Ratio Rank: 65
QCLN Calmar Ratio Rank: 91
QCLN Martin Ratio Rank: 87

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.

FJUN vs. QCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) 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.

	FJUN	QCLN	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.32	-0.20
Sortino ratio: Return per unit of downside risk	3.21	2.77	+0.44
Omega ratio: Gain probability vs. loss probability	1.45	1.35	+0.10
Calmar ratio: Return relative to maximum drawdown	2.88	5.30	-2.42
Martin ratio: Return relative to average drawdown	16.48	16.86	-0.38

FJUN vs. QCLN - Sharpe Ratio Comparison

The current FJUN Sharpe Ratio is 2.12, which is comparable to the QCLN Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of FJUN 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

FJUN vs. QCLN - Drawdown Comparison

The maximum FJUN drawdown since its inception was -13.26%, smaller than the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for FJUN and QCLN.

Drawdown Indicators

	FJUN	QCLN	Difference
Max Drawdown Largest peak-to-trough decline	-13.26%	-76.18%	+62.92%
Max Drawdown (1Y) Largest decline over 1 year	-4.13%	-16.40%	+12.27%
Max Drawdown (3Y) Largest decline over 3 years	-13.26%	-56.08%	+42.82%
Max Drawdown (5Y) Largest decline over 5 years	-13.26%	-69.49%	+56.23%
Max Drawdown (10Y) Largest decline over 10 years	—	-71.73%	—
Current Drawdown Current decline from peak	-1.07%	-29.88%	+28.81%
Average Drawdown Average peak-to-trough decline	-1.66%	-43.39%	+41.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.72%	5.14%	-4.42%

Volatility

FJUN vs. QCLN - Volatility Comparison

The current volatility for FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) is 0.94%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 17.65%. This indicates that FJUN 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

	FJUN	QCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.94%	17.65%	-16.71%
Volatility (6M) Calculated over the trailing 6-month period	4.39%	29.87%	-25.48%
Volatility (1Y) Calculated over the trailing 1-year period	5.64%	37.47%	-31.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.56%	38.54%	-27.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.24%	35.21%	-24.97%

FJUN vs. QCLN - Expense Ratio Comparison

FJUN has a 0.85% expense ratio, which is higher than QCLN's 0.59% expense ratio.

Dividends

FJUN vs. QCLN - Dividend Comparison

FJUN has not paid dividends to shareholders, while QCLN's dividend yield for the trailing twelve months is around 0.17%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	0.00%	0.00%	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	0.17%	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 FJUN and QCLN in my portfolio?

FJUN and QCLN have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FJUN or QCLN?

QCLN has higher volatility (17.65%) compared to FJUN (0.94%). In terms of maximum drawdown, FJUN dropped -13.26% vs QCLN's -76.18%.

Which ETF is better, FJUN or QCLN?

On 5-year performance, FJUN leads with 10.46% vs -1.46% for QCLN. On fees, QCLN is cheaper at 0.59% per year. On volatility, FJUN has been the lower-risk option at 0.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FJUN or QCLN?

Over the 5-year period, FJUN has performed better with a 10.46% return vs -1.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FJUN or QCLN?

QCLN is cheaper with a 0.59% expense ratio, compared with 0.85% for FJUN.

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

QCLN has the higher dividend yield at 0.17%, compared with 0.00% for FJUN.

What is the main difference between FJUN and QCLN?

FJUN is categorized as Large Cap Blend Equities, while QCLN is Alternative Energy Equities. FJUN tracks Cboe S&P 500 Buffer Protect Index June, while QCLN tracks Nasdaq Clean Edge Green Energy Index. Their fees differ too: 0.85% for FJUN and 0.59% for QCLN.

Which has better risk-adjusted returns?

QCLN currently has the higher Sharpe Ratio (2.32 vs 2.12), 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.