HYDR vs. QCLN
Compare and contrast key facts about Global X Hydrogen ETF (HYDR) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).
HYDR and QCLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYDR is a passively managed fund by Global X that tracks the performance of the Solactive Global Hydrogen Index - Benchmark TR Net. It was launched on Jul 12, 2021. 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. Both HYDR and QCLN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HYDR vs. QCLN - Performance Comparison
Loading graphics...
HYDR vs. QCLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HYDR Global X Hydrogen ETF | 14.75% | 43.73% | -33.08% | -36.49% | -47.24% | -13.89% |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 5.17% | 31.81% | -18.86% | -10.02% | -30.37% | 6.82% |
Returns By Period
In the year-to-date period, HYDR achieves a 14.75% return, which is significantly higher than QCLN's 5.17% return.
HYDR
- 1D
- 0.65%
- 1M
- -5.99%
- YTD
- 14.75%
- 6M
- -0.04%
- 1Y
- 117.67%
- 3Y*
- -11.33%
- 5Y*
- —
- 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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HYDR vs. QCLN - Expense Ratio Comparison
HYDR has a 0.50% expense ratio, which is lower than QCLN's 0.60% expense ratio.
Return for Risk
HYDR vs. QCLN — Risk / Return Rank
HYDR
QCLN
HYDR vs. QCLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Hydrogen ETF (HYDR) 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.
| HYDR | QCLN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.40 | 1.63 | +0.77 |
Sortino ratioReturn per unit of downside risk | 2.99 | 2.23 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.27 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 4.13 | 3.97 | +0.16 |
Martin ratioReturn relative to average drawdown | 9.89 | 12.27 | -2.37 |
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 graphics...
Sharpe Ratios by Period
| HYDR | QCLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 1.63 | +0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.19 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.47 | 0.15 | -0.61 |
Correlation
The correlation between HYDR and QCLN is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
HYDR vs. QCLN - Dividend Comparison
HYDR's dividend yield for the trailing twelve months is around 3.33%, more than QCLN's 0.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYDR Global X Hydrogen ETF | 3.33% | 3.82% | 0.40% | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
HYDR vs. QCLN - Drawdown Comparison
The maximum HYDR drawdown since its inception was -89.28%, which is greater than QCLN's maximum drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for HYDR and QCLN.
Loading graphics...
Drawdown Indicators
| HYDR | QCLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.28% | -76.18% | -13.10% |
Max Drawdown (1Y)Largest decline over 1 year | -29.76% | -16.18% | -13.58% |
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 | -73.65% | -45.67% | -27.98% |
Average DrawdownAverage peak-to-trough decline | -64.40% | -43.54% | -20.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.42% | 5.24% | +7.18% |
Volatility
HYDR vs. QCLN - Volatility Comparison
Global X Hydrogen ETF (HYDR) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) have volatilities of 13.62% and 13.73%, 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.
Loading graphics...
Volatility by Period
| HYDR | QCLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.62% | 13.73% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 38.08% | 27.33% | +10.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.41% | 37.76% | +11.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.23% | 37.87% | +8.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.23% | 34.62% | +11.61% |