HUSV vs. QCLN

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust Horizon Managed Volatility Domestic ETF (HUSV) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).

HUSV and QCLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HUSV is an actively managed fund by First Trust. It was launched on Aug 24, 2016. QCLN is a passively managed fund by First Trust that tracks the performance of the NASDAQ Clean Edge Green Energy. It was launched on Feb 8, 2007.

Performance

HUSV vs. QCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Horizon Managed Volatility Domestic ETF (HUSV) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). The values are adjusted to include any dividend payments, if applicable.

HUSV vs. QCLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HUSV First Trust Horizon Managed Volatility Domestic ETF	-0.31%	4.96%	12.64%	3.51%	-6.31%	26.04%	5.39%	26.98%	-1.92%	16.07%
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	5.17%	31.81%	-18.86%	-10.02%	-30.37%	-3.21%	184.00%	42.65%	-12.38%	32.34%

Returns By Period

In the year-to-date period, HUSV achieves a -0.31% return, which is significantly lower than QCLN's 5.17% return.

HUSV

• 1D: 0.28%
• 1M: -4.97%
• YTD: -0.31%
• 6M: -2.06%
• 1Y: -2.83%
• 3Y*: 7.48%
• 5Y*: 6.59%
• 10Y*: —

QCLN

• 1D: 0.90%
• 1M: -4.61%
• YTD: 5.17%
• 6M: 8.63%
• 1Y: 61.08%
• 3Y*: -2.97%
• 5Y*: -7.09%
• 10Y*: 12.87%

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

HUSV vs. QCLN - Expense Ratio Comparison

HUSV has a 0.70% expense ratio, which is higher than QCLN's 0.60% expense ratio.

HUSV

First Trust Horizon Managed Volatility Domestic ETF

QCLN

First Trust NASDAQ Clean Edge Green Energy Index Fund

Return for Risk

HUSV vs. QCLN — Risk / Return Rank

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

HUSV

HUSV Risk / Return Rank: 6
HUSV Sharpe Ratio Rank: 8
HUSV Sortino Ratio Rank: 7
HUSV Omega Ratio Rank: 7
HUSV Calmar Ratio Rank: 7
HUSV Martin Ratio Rank: 3

QCLN

QCLN Risk / Return Rank: 84
QCLN Sharpe Ratio Rank: 82
QCLN Sortino Ratio Rank: 82
QCLN Omega Ratio Rank: 71
QCLN Calmar Ratio Rank: 94
QCLN Martin Ratio Rank: 90

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.

HUSV vs. QCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Horizon Managed Volatility Domestic ETF (HUSV) 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.

	HUSV	QCLN	Difference
Sharpe ratio Return per unit of total volatility	-0.23	1.63	-1.86
Sortino ratio Return per unit of downside risk	-0.23	2.23	-2.46
Omega ratio Gain probability vs. loss probability	0.97	1.27	-0.30
Calmar ratio Return relative to maximum drawdown	-0.32	3.97	-4.29
Martin ratio Return relative to average drawdown	-1.07	12.27	-13.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUSV vs. QCLN - Sharpe Ratio Comparison

The current HUSV Sharpe Ratio is -0.23, which is lower than the QCLN Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of HUSV and QCLN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HUSV	QCLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.23	1.63	-1.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	-0.19	+0.74
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.15	+0.45

Correlation

The correlation between HUSV and QCLN is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HUSV vs. QCLN - Dividend Comparison

HUSV's dividend yield for the trailing twelve months is around 1.39%, more than QCLN's 0.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HUSV First Trust Horizon Managed Volatility Domestic ETF	1.39%	1.38%	1.14%	1.80%	1.68%	1.35%	1.29%	1.36%	1.48%	1.31%	0.35%	0.00%
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	0.21%	0.25%	0.87%	0.76%	0.33%	0.01%	0.30%	0.85%	1.03%	0.45%	1.24%	0.72%

Drawdowns

HUSV vs. QCLN - Drawdown Comparison

The maximum HUSV drawdown since its inception was -35.72%, smaller than the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for HUSV and QCLN.

Drawdown Indicators

	HUSV	QCLN	Difference
Max Drawdown Largest peak-to-trough decline	-35.72%	-76.18%	+40.46%
Max Drawdown (1Y) Largest decline over 1 year	-9.32%	-16.18%	+6.86%
Max Drawdown (5Y) Largest decline over 5 years	-17.00%	-69.49%	+52.49%
Max Drawdown (10Y) Largest decline over 10 years	—	-71.73%	—
Current Drawdown Current decline from peak	-5.06%	-45.67%	+40.61%
Average Drawdown Average peak-to-trough decline	-3.61%	-43.54%	+39.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	5.24%	-2.45%

Volatility

HUSV vs. QCLN - Volatility Comparison

The current volatility for First Trust Horizon Managed Volatility Domestic ETF (HUSV) is 3.04%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 13.73%. This indicates that HUSV 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

	HUSV	QCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	13.73%	-10.69%
Volatility (6M) Calculated over the trailing 6-month period	6.62%	27.33%	-20.71%
Volatility (1Y) Calculated over the trailing 1-year period	12.49%	37.76%	-25.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.04%	37.87%	-25.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.57%	34.62%	-20.05%