FTGU.DE vs. QCLN.DE
FTGU.DE (First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD) and QCLN.DE (First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc) are both exchange-traded funds - FTGU.DE is a Large Cap Blend Equities fund tracking the Nasdaq AlphaDEX Large Cap Core 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, FTGU.DE returned 11.49%/yr vs -1.93%/yr for QCLN.DE. A 0.61 correlation means they provide meaningful diversification when combined. FTGU.DE charges 0.65%/yr vs 0.60%/yr for QCLN.DE.
Performance
FTGU.DE vs. QCLN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FTGU.DE achieves a 16.48% return, which is significantly lower than QCLN.DE's 24.19% return.
FTGU.DE
- 1D
- -0.23%
- 1M
- -1.01%
- 6M
- 12.79%
- YTD
- 16.48%
- 1Y
- 25.18%
- 3Y*
- 16.81%
- 5Y*
- 11.49%
- 10Y*
- —
QCLN.DE
- 1D
- 0.00%
- 1M
- -11.20%
- 6M
- 14.99%
- YTD
- 24.19%
- 1Y
- 62.65%
- 3Y*
- -0.42%
- 5Y*
- -1.93%
- 10Y*
- —
FTGU.DE vs. QCLN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FTGU.DE First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD | 16.48% | 2.82% | 23.34% | 10.92% | -7.47% | 26.09% |
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 FTGU.DE and QCLN.DE is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2021 | 0.61 |
The correlation between FTGU.DE and QCLN.DE has been stable across timeframes, ranging from 0.58 to 0.64 - a consistent structural relationship.
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Return for Risk
FTGU.DE vs. QCLN.DE — Risk / Return Rank
FTGU.DE
QCLN.DE
FTGU.DE vs. QCLN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.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.
| FTGU.DE | QCLN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.26 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 7.52 | 3.10 | +4.42 |
| Martin ratioReturn relative to average drawdown | 19.59 | 10.16 | +9.42 |
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Drawdowns
FTGU.DE vs. QCLN.DE - Drawdown Comparison
The maximum FTGU.DE drawdown since its inception was -99.98%, 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 FTGU.DE and QCLN.DE.
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Drawdown Indicators
| FTGU.DE | QCLN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -69.59% | -30.39% |
Max Drawdown (1Y)Largest decline over 1 year | -3.70% | -20.31% | +16.61% |
Max Drawdown (3Y)Largest decline over 3 years | -24.38% | -56.68% | +32.30% |
Max Drawdown (5Y)Largest decline over 5 years | -24.38% | -69.59% | +45.21% |
Current DrawdownCurrent decline from peak | -3.21% | -33.55% | +30.34% |
Average DrawdownAverage peak-to-trough decline | -5.12% | -38.82% | +33.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 6.19% | -4.77% |
Volatility
FTGU.DE vs. QCLN.DE - Volatility Comparison
The current volatility for First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.DE) is 3.76%, while First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE) has a volatility of 16.03%. This indicates that FTGU.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.
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Volatility by Period
| FTGU.DE | QCLN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | 16.03% | -12.27% |
Volatility (6M)Calculated over the trailing 6-month period | 8.22% | 29.80% | -21.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.21% | 38.46% | -26.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.48% | 36.99% | -21.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 132,531.53% | 37.26% | +132,494.27% |
FTGU.DE vs. QCLN.DE - Expense Ratio Comparison
FTGU.DE has a 0.65% expense ratio, which is higher than QCLN.DE's 0.60% expense ratio.
Dividends
FTGU.DE vs. QCLN.DE - Dividend Comparison
Neither FTGU.DE nor QCLN.DE has paid dividends to shareholders.
Frequently Asked Questions
FTGU.DE and QCLN.DE have a correlation of 0.64, 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 FTGU.DE.
FTGU.DE is categorized as Large Cap Blend Equities, while QCLN.DE is Energy Equities. FTGU.DE tracks Nasdaq AlphaDEX Large Cap Core NTR Index, while QCLN.DE tracks S&P Global Clean Energy TR USD. Their fees differ too: 0.65% for FTGU.DE and 0.60% for QCLN.DE.
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