FSIG vs. QCLN
FSIG (First Trust Limited Duration Investment Grade Corporate ETF) and QCLN (First Trust NASDAQ Clean Edge Green Energy Index Fund) are both exchange-traded funds - FSIG is a Short-Term Bond fund actively managed by First Trust, while QCLN is a Alternative Energy Equities fund tracking the NASDAQ Clean Edge Green Energy. FSIG is actively managed, while QCLN is passively managed. Over the past 3 years, FSIG returned 5.12%/yr vs 12.03%/yr for QCLN. At a 0.26 correlation, their price movements are largely independent. FSIG charges 0.55%/yr vs 0.60%/yr for QCLN.
Performance
FSIG vs. QCLN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSIG achieves a 0.38% return, which is significantly lower than QCLN's 52.94% return.
FSIG
- 1D
- -0.11%
- 1M
- 0.23%
- YTD
- 0.38%
- 6M
- 0.81%
- 1Y
- 4.26%
- 3Y*
- 5.12%
- 5Y*
- —
- 10Y*
- —
QCLN
- 1D
- -0.41%
- 1M
- 16.40%
- YTD
- 52.94%
- 6M
- 50.79%
- 1Y
- 120.21%
- 3Y*
- 12.03%
- 5Y*
- 2.16%
- 10Y*
- 17.39%
FSIG vs. QCLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FSIG First Trust Limited Duration Investment Grade Corporate ETF | 0.38% | 6.66% | 4.22% | 6.22% | -4.37% | 0.02% |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 52.94% | 31.81% | -18.86% | -10.02% | -30.37% | -13.95% |
Correlation
The correlation between FSIG and QCLN is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021 | 0.26 |
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
FSIG vs. QCLN — Risk / Return Rank
FSIG
QCLN
FSIG vs. QCLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Limited Duration Investment Grade Corporate ETF (FSIG) 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.
| FSIG | QCLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.48 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 7.62 | -4.87 |
| Martin ratioReturn relative to average drawdown | 11.44 | 26.28 | -14.84 |
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
| FSIG | QCLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 3.49 | -1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.06 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.20 | +0.75 |
Drawdowns
FSIG vs. QCLN - Drawdown Comparison
The maximum FSIG drawdown since its inception was -6.88%, smaller than the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for FSIG and QCLN.
Loading charts...
Drawdown Indicators
| FSIG | QCLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.88% | -76.18% | +69.30% |
Max Drawdown (1Y)Largest decline over 1 year | -1.55% | -15.86% | +14.31% |
Max Drawdown (3Y)Largest decline over 3 years | -1.55% | -56.08% | +54.53% |
Max Drawdown (5Y)Largest decline over 5 years | — | -69.49% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -71.73% | — |
Current DrawdownCurrent decline from peak | -0.32% | -20.99% | +20.67% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -43.45% | +41.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 4.59% | -4.22% |
Volatility
FSIG vs. QCLN - Volatility Comparison
The current volatility for First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is 0.83%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 12.56%. This indicates that FSIG 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.
Loading charts...
Volatility by Period
| FSIG | QCLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.83% | 12.56% | -11.73% |
Volatility (6M)Calculated over the trailing 6-month period | 1.81% | 26.02% | -24.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.26% | 34.88% | -32.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.96% | 37.97% | -35.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.96% | 34.91% | -31.95% |
FSIG vs. QCLN - Expense Ratio Comparison
FSIG has a 0.55% expense ratio, which is lower than QCLN's 0.60% expense ratio.
Dividends
FSIG vs. QCLN - Dividend Comparison
FSIG's dividend yield for the trailing twelve months is around 4.81%, more than QCLN's 0.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSIG First Trust Limited Duration Investment Grade Corporate ETF | 4.81% | 4.73% | 4.61% | 4.42% | 2.48% | 0.12% | 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
FSIG and QCLN have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QCLN has higher volatility (12.56%) compared to FSIG (0.83%). In terms of maximum drawdown, FSIG dropped -6.88% vs QCLN's -76.18%.
On 3-year performance, QCLN leads with 12.03% vs 5.12% for FSIG. On fees, FSIG is cheaper at 0.55% per year. On volatility, FSIG has been the lower-risk option at 0.83%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, QCLN has performed better with a 12.03% return vs 5.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FSIG is cheaper with a 0.55% expense ratio, compared with 0.60% for QCLN.
FSIG has the higher dividend yield at 4.81%, compared with 0.15% for QCLN.
FSIG is categorized as Short-Term Bond, while QCLN is Alternative Energy Equities. Their fees differ too: 0.55% for FSIG and 0.60% for QCLN.
QCLN currently has the higher Sharpe Ratio (3.49 vs 1.89), 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.
Find the right allocation for FSIG and QCLN
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