FTGG.DE vs. QCLN.DE
FTGG.DE (First Trust Germany AlphaDEX UCITS ETF) and QCLN.DE (First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc) are both exchange-traded funds - FTGG.DE is a Europe Equities fund tracking the Nasdaq AlphaDEX Germany NTR Index, while QCLN.DE is a Energy Equities fund tracking the S&P Global Clean Energy TR USD. Both are passively managed. Over the past 5 years, FTGG.DE returned 5.23%/yr vs -1.93%/yr for QCLN.DE. At a 0.50 correlation, their price movements are largely independent. FTGG.DE charges 0.65%/yr vs 0.60%/yr for QCLN.DE.
Performance
FTGG.DE vs. QCLN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FTGG.DE achieves a 4.55% return, which is significantly lower than QCLN.DE's 24.19% return.
FTGG.DE
- 1D
- -0.40%
- 1M
- -1.49%
- 6M
- -1.27%
- YTD
- 4.55%
- 1Y
- 14.92%
- 3Y*
- 17.21%
- 5Y*
- 5.23%
- 10Y*
- 7.17%
QCLN.DE
- 1D
- 0.00%
- 1M
- -11.20%
- 6M
- 14.99%
- YTD
- 24.19%
- 1Y
- 62.65%
- 3Y*
- -0.42%
- 5Y*
- -1.93%
- 10Y*
- —
FTGG.DE vs. QCLN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FTGG.DE First Trust Germany AlphaDEX UCITS ETF | 4.55% | 44.59% | 8.23% | 8.38% | -26.44% | 11.23% |
QCLN.DE First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc | 24.19% | 16.50% | -14.54% | -10.39% | -26.09% | -8.71% |
Correlation
The correlation between FTGG.DE and QCLN.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2021 | 0.50 |
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
FTGG.DE vs. QCLN.DE — Risk / Return Rank
FTGG.DE
QCLN.DE
FTGG.DE vs. QCLN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Germany AlphaDEX UCITS ETF (FTGG.DE) and First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE). 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.
| FTGG.DE | QCLN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.26 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 3.10 | -2.00 |
| Martin ratioReturn relative to average drawdown | 3.31 | 10.16 | -6.85 |
Loading charts...
Drawdowns
FTGG.DE vs. QCLN.DE - Drawdown Comparison
The maximum FTGG.DE drawdown since its inception was -99.97%, which is greater than QCLN.DE's maximum drawdown of -69.59%. Use the drawdown chart below to compare losses from any high point for FTGG.DE and QCLN.DE.
Loading charts...
Drawdown Indicators
| FTGG.DE | QCLN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.97% | -69.59% | -30.38% |
Max Drawdown (1Y)Largest decline over 1 year | -14.61% | -20.31% | +5.70% |
Max Drawdown (3Y)Largest decline over 3 years | -16.18% | -56.68% | +40.50% |
Max Drawdown (5Y)Largest decline over 5 years | -38.87% | -69.59% | +30.72% |
Max Drawdown (10Y)Largest decline over 10 years | -99.97% | — | — |
Current DrawdownCurrent decline from peak | -5.93% | -33.55% | +27.62% |
Average DrawdownAverage peak-to-trough decline | -12.58% | -38.82% | +26.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.84% | 6.19% | -1.35% |
Volatility
FTGG.DE vs. QCLN.DE - Volatility Comparison
The current volatility for First Trust Germany AlphaDEX UCITS ETF (FTGG.DE) is 6.06%, while First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE) has a volatility of 16.03%. This indicates that FTGG.DE experiences smaller price fluctuations and is considered to be less risky than QCLN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FTGG.DE | QCLN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.06% | 16.03% | -9.97% |
Volatility (6M)Calculated over the trailing 6-month period | 17.05% | 29.80% | -12.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.85% | 38.46% | -18.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.07% | 36.99% | -17.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69,376.52% | 37.26% | +69,339.26% |
FTGG.DE vs. QCLN.DE - Expense Ratio Comparison
FTGG.DE has a 0.65% expense ratio, which is higher than QCLN.DE's 0.60% expense ratio.
Dividends
FTGG.DE vs. QCLN.DE - Dividend Comparison
FTGG.DE's dividend yield for the trailing twelve months is around 1.55%, while QCLN.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FTGG.DE First Trust Germany AlphaDEX UCITS ETF | 1.55% | 1.53% | 2.24% | 2.85% | 3.10% | 1.03% | 0.58% | 0.05% |
QCLN.DE First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTGG.DE and QCLN.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QCLN.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QCLN.DE is cheaper with a 0.60% expense ratio, compared with 0.65% for FTGG.DE.
FTGG.DE is categorized as Europe Equities, while QCLN.DE is Energy Equities. FTGG.DE tracks Nasdaq AlphaDEX Germany NTR Index, while QCLN.DE tracks S&P Global Clean Energy TR USD. Their fees differ too: 0.65% for FTGG.DE and 0.60% for QCLN.DE.
Find the right allocation for FTGG.DE and QCLN.DE
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