QCLN vs. URAN
QCLN (First Trust NASDAQ Clean Edge Green Energy Index Fund) and URAN (Themes Uranium & Nuclear ETF) are both exchange-traded funds - QCLN is a Alternative Energy Equities fund tracking the Nasdaq Clean Edge Green Energy Index, while URAN is a Uranium fund tracking the BITA Global Uranium and Nuclear Select Index. Both are passively managed. Over the past year, QCLN returned 92.03% vs 11.93% for URAN. A 0.54 correlation means they provide meaningful diversification when combined. QCLN charges 0.59%/yr vs 0.35%/yr for URAN.
Performance
QCLN vs. URAN - Performance Comparison
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Returns By Period
In the year-to-date period, QCLN achieves a 37.20% return, which is significantly higher than URAN's -3.44% return.
QCLN
- 1D
- -6.27%
- 1M
- -3.52%
- YTD
- 37.20%
- 6M
- 31.57%
- 1Y
- 92.03%
- 3Y*
- 8.84%
- 5Y*
- -1.13%
- 10Y*
- 16.79%
URAN
- 1D
- -1.32%
- 1M
- -5.33%
- YTD
- -3.44%
- 6M
- -5.94%
- 1Y
- 11.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QCLN vs. URAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 37.20% | 31.81% | -3.53% |
URAN Themes Uranium & Nuclear ETF | -3.44% | 49.05% | 3.89% |
Correlation
The correlation between QCLN and URAN is 0.61, 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 | 0.61 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024 | 0.54 |
The correlation between QCLN and URAN has been stable across timeframes, ranging from 0.54 to 0.61 - a consistent structural relationship.
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Return for Risk
QCLN vs. URAN — Risk / Return Rank
QCLN
URAN
QCLN vs. URAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) and Themes Uranium & Nuclear ETF (URAN). 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 | URAN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.08 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 5.64 | 0.39 | +5.26 |
| Martin ratioReturn relative to average drawdown | 18.14 | 0.85 | +17.29 |
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Drawdowns
QCLN vs. URAN - Drawdown Comparison
The maximum QCLN drawdown since its inception was -76.18%, which is greater than URAN's maximum drawdown of -31.96%. Use the drawdown chart below to compare losses from any high point for QCLN and URAN.
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Drawdown Indicators
| QCLN | URAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.18% | -31.96% | -44.22% |
Max Drawdown (1Y)Largest decline over 1 year | -16.40% | -31.02% | +14.62% |
Max Drawdown (3Y)Largest decline over 3 years | -56.08% | — | — |
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 | -29.12% | -26.70% | -2.42% |
Average DrawdownAverage peak-to-trough decline | -43.40% | -11.20% | -32.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.09% | 14.06% | -8.97% |
Volatility
QCLN vs. URAN - Volatility Comparison
First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a higher volatility of 17.77% compared to Themes Uranium & Nuclear ETF (URAN) at 13.40%. This indicates that QCLN's price experiences larger fluctuations and is considered to be riskier than URAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QCLN | URAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.77% | 13.40% | +4.37% |
Volatility (6M)Calculated over the trailing 6-month period | 29.96% | 30.44% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.45% | 39.64% | -2.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.54% | 39.40% | -0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.21% | 39.40% | -4.19% |
QCLN vs. URAN - Expense Ratio Comparison
QCLN has a 0.59% expense ratio, which is higher than URAN's 0.35% expense ratio.
Dividends
QCLN vs. URAN - Dividend Comparison
QCLN's dividend yield for the trailing twelve months is around 0.16%, less than URAN's 2.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 0.16% | 0.25% | 0.87% | 0.76% | 0.33% | 0.01% | 0.30% | 0.85% | 1.03% | 0.45% | 1.24% | 0.72% |
URAN Themes Uranium & Nuclear ETF | 2.65% | 2.56% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QCLN and URAN have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QCLN has higher volatility (17.77%) compared to URAN (13.40%). In terms of maximum drawdown, QCLN dropped -76.18% vs URAN's -31.96%.
On 1-year performance, QCLN leads with 92.03% vs 11.93% for URAN. On fees, URAN is cheaper at 0.35% per year. On volatility, URAN has been the lower-risk option at 13.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, QCLN has performed better with a 92.03% return vs 11.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
URAN is cheaper with a 0.35% expense ratio, compared with 0.59% for QCLN.
URAN has the higher dividend yield at 2.65%, compared with 0.16% for QCLN.
QCLN is categorized as Alternative Energy Equities, while URAN is Uranium. QCLN tracks Nasdaq Clean Edge Green Energy Index, while URAN tracks BITA Global Uranium and Nuclear Select Index. They also come from different issuers: First Trust and Themes. Their fees differ too: 0.59% for QCLN and 0.35% for URAN.
QCLN currently has the higher Sharpe Ratio (2.47 vs 0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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