QCLN.L vs. QTOP
Compare and contrast key facts about First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.L) and iShares Nasdaq Top 30 Stocks ETF (QTOP).
QCLN.L and QTOP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QCLN.L is a passively managed fund by First Trust that tracks the performance of the S&P Global Clean Energy TR USD. It was launched on May 17, 2021. QTOP is a passively managed fund by iShares that tracks the performance of the Nasdaq-100 Top 30 Index. It was launched on Oct 23, 2024. Both QCLN.L and QTOP 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
QCLN.L vs. QTOP - Performance Comparison
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QCLN.L vs. QTOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QCLN.L First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc | 6.40% | 20.09% | 7.79% |
QTOP iShares Nasdaq Top 30 Stocks ETF | -3.34% | 13.49% | 9.69% |
Different Trading Currencies
QCLN.L is traded in GBp, while QTOP is traded in USD. To make them comparable, the QTOP values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, QCLN.L achieves a 6.40% return, which is significantly higher than QTOP's -3.34% return.
QCLN.L
- 1D
- 4.13%
- 1M
- -1.52%
- YTD
- 6.40%
- 6M
- 12.92%
- 1Y
- 56.73%
- 3Y*
- -5.39%
- 5Y*
- -6.78%
- 10Y*
- —
QTOP
- 1D
- 1.17%
- 1M
- -2.06%
- YTD
- -3.34%
- 6M
- -0.89%
- 1Y
- 24.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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QCLN.L vs. QTOP - Expense Ratio Comparison
QCLN.L has a 0.60% expense ratio, which is higher than QTOP's 0.20% expense ratio.
Return for Risk
QCLN.L vs. QTOP — Risk / Return Rank
QCLN.L
QTOP
QCLN.L vs. QTOP - 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.L) and iShares Nasdaq Top 30 Stocks ETF (QTOP). 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.
| QCLN.L | QTOP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.63 | 1.03 | +0.60 |
Sortino ratioReturn per unit of downside risk | 2.21 | 1.58 | +0.63 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.22 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 3.92 | 1.97 | +1.95 |
Martin ratioReturn relative to average drawdown | 11.69 | 5.47 | +6.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QCLN.L | QTOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 1.03 | +0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.27 | 0.60 | -0.87 |
Correlation
The correlation between QCLN.L and QTOP 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
QCLN.L vs. QTOP - Dividend Comparison
QCLN.L has not paid dividends to shareholders, while QTOP's dividend yield for the trailing twelve months is around 0.41%.
| TTM | 2025 | 2024 | |
|---|---|---|---|
QCLN.L First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc | 0.00% | 0.00% | 0.00% |
QTOP iShares Nasdaq Top 30 Stocks ETF | 0.41% | 0.38% | 0.11% |
Drawdowns
QCLN.L vs. QTOP - Drawdown Comparison
The maximum QCLN.L drawdown since its inception was -69.87%, which is greater than QTOP's maximum drawdown of -25.56%. Use the drawdown chart below to compare losses from any high point for QCLN.L and QTOP.
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Drawdown Indicators
| QCLN.L | QTOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.87% | -23.28% | -46.59% |
Max Drawdown (1Y)Largest decline over 1 year | -14.80% | -12.88% | -1.92% |
Max Drawdown (5Y)Largest decline over 5 years | -68.64% | — | — |
Current DrawdownCurrent decline from peak | -44.30% | -8.35% | -35.95% |
Average DrawdownAverage peak-to-trough decline | -41.17% | -4.12% | -37.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.92% | 3.78% | +1.14% |
Volatility
QCLN.L vs. QTOP - Volatility Comparison
First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.L) has a higher volatility of 10.20% compared to iShares Nasdaq Top 30 Stocks ETF (QTOP) at 6.39%. This indicates that QCLN.L's price experiences larger fluctuations and is considered to be riskier than QTOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QCLN.L | QTOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.20% | 6.39% | +3.81% |
Volatility (6M)Calculated over the trailing 6-month period | 25.06% | 13.57% | +11.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.88% | 23.74% | +11.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.74% | 23.28% | +12.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.72% | 23.28% | +13.44% |