QCLN.DE vs. QDVE.DE
QCLN.DE (First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - QCLN.DE is a Energy Equities fund tracking the S&P Global Clean Energy TR USD, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 5 years, QCLN.DE returned -0.61%/yr vs 22.66%/yr for QDVE.DE. A 0.56 correlation means they provide meaningful diversification when combined. QCLN.DE charges 0.60%/yr vs 0.15%/yr for QDVE.DE.
Performance
QCLN.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QCLN.DE achieves a 39.83% return, which is significantly higher than QDVE.DE's 18.33% return.
QCLN.DE
- 1D
- 0.00%
- 1M
- -5.08%
- YTD
- 39.83%
- 6M
- 39.08%
- 1Y
- 97.72%
- 3Y*
- 6.57%
- 5Y*
- -0.61%
- 10Y*
- —
QDVE.DE
- 1D
- -1.82%
- 1M
- -1.85%
- YTD
- 18.33%
- 6M
- 18.59%
- 1Y
- 38.52%
- 3Y*
- 28.95%
- 5Y*
- 22.66%
- 10Y*
- 25.93%
QCLN.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QCLN.DE First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc | 39.83% | 16.50% | -14.54% | -10.39% | -26.09% | -8.71% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 18.33% | 10.01% | 46.09% | 54.17% | -25.82% | 39.22% |
Correlation
The correlation between QCLN.DE and QDVE.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2021 | 0.56 |
The correlation between QCLN.DE and QDVE.DE shifts across timeframes, from 0.49 (3 years) to 0.60 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
QCLN.DE vs. QDVE.DE — Risk / Return Rank
QCLN.DE
QDVE.DE
QCLN.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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.
| QCLN.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.30 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 6.33 | 2.46 | +3.88 |
| Martin ratioReturn relative to average drawdown | 19.81 | 6.28 | +13.53 |
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Drawdowns
QCLN.DE vs. QDVE.DE - Drawdown Comparison
The maximum QCLN.DE drawdown since its inception was -69.59%, which is greater than QDVE.DE's maximum drawdown of -31.40%. Use the drawdown chart below to compare losses from any high point for QCLN.DE and QDVE.DE.
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Drawdown Indicators
| QCLN.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.59% | -31.40% | -38.19% |
Max Drawdown (1Y)Largest decline over 1 year | -15.51% | -15.60% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -56.68% | -29.81% | -26.87% |
Max Drawdown (5Y)Largest decline over 5 years | -69.59% | -29.81% | -39.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.40% | — |
Current DrawdownCurrent decline from peak | -25.18% | -7.54% | -17.64% |
Average DrawdownAverage peak-to-trough decline | -38.90% | -5.80% | -33.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.95% | 6.11% | -1.16% |
Volatility
QCLN.DE vs. QDVE.DE - Volatility Comparison
First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE) has a higher volatility of 12.65% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 8.54%. This indicates that QCLN.DE's price experiences larger fluctuations and is considered to be riskier than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QCLN.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.65% | 8.54% | +4.11% |
Volatility (6M)Calculated over the trailing 6-month period | 26.47% | 15.52% | +10.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.03% | 21.27% | +14.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.55% | 22.86% | +13.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.92% | 21.79% | +15.13% |
QCLN.DE vs. QDVE.DE - Expense Ratio Comparison
QCLN.DE has a 0.60% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Dividends
QCLN.DE vs. QDVE.DE - Dividend Comparison
Neither QCLN.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
QCLN.DE and QDVE.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVE.DE is cheaper with a 0.15% expense ratio, compared with 0.60% for QCLN.DE.
QCLN.DE is categorized as Energy Equities, while QDVE.DE is Technology Equities. QCLN.DE tracks S&P Global Clean Energy TR USD, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.60% for QCLN.DE and 0.15% for QDVE.DE.
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