LGOV vs. QCLN
Compare and contrast key facts about First Trust Long Duration Opportunities ETF (LGOV) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).
LGOV and QCLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LGOV is an actively managed fund by First Trust. It was launched on Jan 22, 2019. 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
LGOV vs. QCLN - Performance Comparison
Loading graphics...
LGOV vs. QCLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LGOV First Trust Long Duration Opportunities ETF | -0.22% | 9.13% | -2.05% | 4.91% | -19.73% | -1.93% | 11.31% | 11.53% |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 5.17% | 31.81% | -18.86% | -10.02% | -30.37% | -3.21% | 184.00% | 37.13% |
Returns By Period
In the year-to-date period, LGOV achieves a -0.22% return, which is significantly lower than QCLN's 5.17% return.
LGOV
- 1D
- -0.09%
- 1M
- -2.88%
- YTD
- -0.22%
- 6M
- 0.63%
- 1Y
- 3.92%
- 3Y*
- 2.14%
- 5Y*
- -1.23%
- 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.
LGOV vs. QCLN - Expense Ratio Comparison
LGOV has a 0.70% expense ratio, which is higher than QCLN's 0.60% expense ratio.
Return for Risk
LGOV vs. QCLN — Risk / Return Rank
LGOV
QCLN
LGOV vs. QCLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Long Duration Opportunities ETF (LGOV) 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.
| LGOV | QCLN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.50 | 1.63 | -1.12 |
Sortino ratioReturn per unit of downside risk | 0.74 | 2.23 | -1.49 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.27 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 0.90 | 3.97 | -3.07 |
Martin ratioReturn relative to average drawdown | 2.21 | 12.27 | -10.05 |
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
| LGOV | QCLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.50 | 1.63 | -1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | -0.19 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.15 | -0.01 |
Correlation
The correlation between LGOV and QCLN is 0.00, 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
LGOV vs. QCLN - Dividend Comparison
LGOV's dividend yield for the trailing twelve months is around 4.18%, more than QCLN's 0.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGOV First Trust Long Duration Opportunities ETF | 4.18% | 4.02% | 4.03% | 3.59% | 1.97% | 2.58% | 3.75% | 3.01% | 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
LGOV vs. QCLN - Drawdown Comparison
The maximum LGOV drawdown since its inception was -30.86%, smaller than the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for LGOV and QCLN.
Loading graphics...
Drawdown Indicators
| LGOV | QCLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.86% | -76.18% | +45.32% |
Max Drawdown (1Y)Largest decline over 1 year | -5.01% | -16.18% | +11.17% |
Max Drawdown (5Y)Largest decline over 5 years | -28.14% | -69.49% | +41.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -71.73% | — |
Current DrawdownCurrent decline from peak | -14.98% | -45.67% | +30.69% |
Average DrawdownAverage peak-to-trough decline | -13.04% | -43.54% | +30.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 5.24% | -3.21% |
Volatility
LGOV vs. QCLN - Volatility Comparison
The current volatility for First Trust Long Duration Opportunities ETF (LGOV) is 2.76%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 13.73%. This indicates that LGOV 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.
Loading graphics...
Volatility by Period
| LGOV | QCLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 13.73% | -10.97% |
Volatility (6M)Calculated over the trailing 6-month period | 4.68% | 27.33% | -22.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.83% | 37.76% | -29.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.01% | 37.87% | -28.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.26% | 34.62% | -25.36% |