FTHF vs. QCLN

Last updated Jun 4, 2026

FTHF (First Trust Emerging Markets Human Flourishing ETF) and QCLN (First Trust NASDAQ Clean Edge Green Energy Index Fund) are both exchange-traded funds - FTHF is a Emerging Markets Diversified fund tracking the Emerging Markets Human Flourishing Index, while QCLN is a Alternative Energy Equities fund tracking the NASDAQ Clean Edge Green Energy. Both are passively managed. Over the past year, FTHF returned 109.33% vs 120.21% for QCLN. A 0.59 correlation means they provide meaningful diversification when combined. FTHF charges 0.75%/yr vs 0.60%/yr for QCLN.

Performance

FTHF vs. QCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Emerging Markets Human Flourishing ETF (FTHF) 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

The year-to-date returns for both investments are quite close, with FTHF having a 51.24% return and QCLN slightly higher at 52.94%.

FTHF

• 1D: -1.84%
• 1M: 15.16%
• YTD: 51.24%
• 6M: 61.52%
• 1Y: 109.33%
• 3Y*: —
• 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%

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

FTHF vs. QCLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FTHF First Trust Emerging Markets Human Flourishing ETF	51.24%	65.30%	-8.14%	18.14%
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	52.94%	31.81%	-18.86%	25.86%

Correlation

The correlation between FTHF and QCLN is 0.59, 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	0.59
Correlation (All Time) Calculated using the full available price history since Nov 1, 2023	0.59

The correlation between FTHF and QCLN has been stable across timeframes, ranging from 0.59 to 0.59 - a consistent structural relationship.

FTHF vs. QCLN - Sectors Allocation Comparison

Sectors	FTHF	QCLN
Technology	40.7%	20.8%
Financial Services	27.7%	1.9%
Basic Materials	10.3%	9.4%
Energy	7.2%	13.2%
Industrials	6.2%	30.2%
Consumer Defensive	3.4%	-
Utilities	2.5%	13.2%
Communication Services	1.0%	-
Consumer Cyclical	0.6%	9.4%
Healthcare	0.5%	-
Real Estate	-	-

Return for Risk

FTHF vs. QCLN — Risk / Return Rank

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

FTHF

FTHF Risk / Return Rank: 90
FTHF Sharpe Ratio Rank: 92
FTHF Sortino Ratio Rank: 85
FTHF Omega Ratio Rank: 92
FTHF Calmar Ratio Rank: 93
FTHF Martin Ratio Rank: 87

QCLN

QCLN Risk / Return Rank: 89
QCLN Sharpe Ratio Rank: 93
QCLN Sortino Ratio Rank: 84
QCLN Omega Ratio Rank: 79
QCLN Calmar Ratio Rank: 94
QCLN Martin Ratio Rank: 94

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.

FTHF vs. QCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Emerging Markets Human Flourishing ETF (FTHF) 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.

	FTHF	QCLN	Difference
Sharpe ratio: Return per unit of total volatility	3.36	3.49	-0.13
Sortino ratio: Return per unit of downside risk	3.85	3.86	0.00
Omega ratio: Gain probability vs. loss probability	1.62	1.48	+0.14
Calmar ratio: Return relative to maximum drawdown	6.74	7.62	-0.88
Martin ratio: Return relative to average drawdown	18.95	26.28	-7.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTHF vs. QCLN - Sharpe Ratio Comparison

The current FTHF Sharpe Ratio is 3.36, which is comparable to the QCLN Sharpe Ratio of 3.49. The chart below compares the historical Sharpe Ratios of FTHF 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.

Sharpe Ratios by Period

	FTHF	QCLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.36	3.49	-0.13
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	1.86	0.20	+1.66

Drawdowns

FTHF vs. QCLN - Drawdown Comparison

The maximum FTHF drawdown since its inception was -17.36%, smaller than the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for FTHF and QCLN.

Drawdown Indicators

	FTHF	QCLN	Difference
Max Drawdown Largest peak-to-trough decline	-17.36%	-76.18%	+58.82%
Max Drawdown (1Y) Largest decline over 1 year	-16.31%	-15.86%	-0.45%
Max Drawdown (3Y) Largest decline over 3 years	—	-56.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-69.49%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-71.73%	—
Current Drawdown Current decline from peak	-1.84%	-20.99%	+19.15%
Average Drawdown Average peak-to-trough decline	-4.22%	-43.45%	+39.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.79%	4.59%	+1.20%

Volatility

FTHF vs. QCLN - Volatility Comparison

First Trust Emerging Markets Human Flourishing ETF (FTHF) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) have volatilities of 12.15% and 12.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTHF	QCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.15%	12.56%	-0.41%
Volatility (6M) Calculated over the trailing 6-month period	24.47%	26.02%	-1.55%
Volatility (1Y) Calculated over the trailing 1-year period	32.76%	34.88%	-2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.45%	37.97%	-12.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.45%	34.91%	-9.46%

FTHF vs. QCLN - Expense Ratio Comparison

FTHF has a 0.75% expense ratio, which is higher than QCLN's 0.60% expense ratio.

Dividends

FTHF vs. QCLN - Dividend Comparison

FTHF's dividend yield for the trailing twelve months is around 2.98%, more than QCLN's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTHF First Trust Emerging Markets Human Flourishing ETF	2.98%	4.40%	3.34%	0.51%	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	0.15%	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

Can I hold both FTHF and QCLN in my portfolio?

FTHF and QCLN have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTHF or QCLN?

QCLN has higher volatility (12.56%) compared to FTHF (12.15%). In terms of maximum drawdown, FTHF dropped -17.36% vs QCLN's -76.18%.

Which ETF is better, FTHF or QCLN?

On 1-year performance, QCLN leads with 120.21% vs 109.33% for FTHF. On fees, QCLN is cheaper at 0.60% per year. On volatility, FTHF has been the lower-risk option at 12.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTHF or QCLN?

Over the 1-year period, QCLN has performed better with a 120.21% return vs 109.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTHF or QCLN?

QCLN is cheaper with a 0.60% expense ratio, compared with 0.75% for FTHF.

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

FTHF has the higher dividend yield at 2.98%, compared with 0.15% for QCLN.

What is the main difference between FTHF and QCLN?

FTHF is categorized as Emerging Markets Diversified, while QCLN is Alternative Energy Equities. FTHF tracks Emerging Markets Human Flourishing Index, while QCLN tracks NASDAQ Clean Edge Green Energy. Their fees differ too: 0.75% for FTHF and 0.60% for QCLN.

Which has better risk-adjusted returns?

QCLN currently has the higher Sharpe Ratio (3.49 vs 3.36), 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.