SKYE.DE vs. QCLN.DE
Compare and contrast key facts about First Trust Cloud Computing UCITS ETF Acc (SKYE.DE) and First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE).
SKYE.DE and QCLN.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SKYE.DE is a passively managed fund by First Trust that tracks the performance of the ISE Cloud Computing. It was launched on Dec 27, 2018. QCLN.DE 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 Mar 5, 2021. Both SKYE.DE and QCLN.DE 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
SKYE.DE vs. QCLN.DE - Performance Comparison
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SKYE.DE vs. QCLN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SKYE.DE First Trust Cloud Computing UCITS ETF Acc | -13.77% | -3.03% | 43.91% | 50.20% | -42.23% | 3.79% |
QCLN.DE First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc | 3.38% | 16.50% | -14.54% | -10.39% | -26.09% | -12.74% |
Returns By Period
In the year-to-date period, SKYE.DE achieves a -13.77% return, which is significantly lower than QCLN.DE's 3.38% return.
SKYE.DE
- 1D
- 1.06%
- 1M
- 4.21%
- YTD
- -13.77%
- 6M
- -16.26%
- 1Y
- 0.32%
- 3Y*
- 16.85%
- 5Y*
- 3.14%
- 10Y*
- —
QCLN.DE
- 1D
- -1.30%
- 1M
- -0.83%
- YTD
- 3.38%
- 6M
- 9.88%
- 1Y
- 49.23%
- 3Y*
- -4.76%
- 5Y*
- -7.49%
- 10Y*
- —
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SKYE.DE vs. QCLN.DE - Expense Ratio Comparison
Both SKYE.DE and QCLN.DE have an expense ratio of 0.60%.
Return for Risk
SKYE.DE vs. QCLN.DE — Risk / Return Rank
SKYE.DE
QCLN.DE
SKYE.DE vs. QCLN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Cloud Computing UCITS ETF Acc (SKYE.DE) and First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.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.
| SKYE.DE | QCLN.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.01 | 1.36 | -1.34 |
Sortino ratioReturn per unit of downside risk | 0.21 | 1.90 | -1.69 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.23 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 0.01 | 4.30 | -4.28 |
Martin ratioReturn relative to average drawdown | 0.03 | 12.32 | -12.29 |
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
| SKYE.DE | QCLN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.01 | 1.36 | -1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | -0.21 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | -0.26 | +0.49 |
Correlation
The correlation between SKYE.DE and QCLN.DE is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SKYE.DE vs. QCLN.DE - Dividend Comparison
Neither SKYE.DE nor QCLN.DE has paid dividends to shareholders.
Drawdowns
SKYE.DE vs. QCLN.DE - Drawdown Comparison
The maximum SKYE.DE drawdown since its inception was -49.90%, smaller than the maximum QCLN.DE drawdown of -69.59%. Use the drawdown chart below to compare losses from any high point for SKYE.DE and QCLN.DE.
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Drawdown Indicators
| SKYE.DE | QCLN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.90% | -69.59% | +19.69% |
Max Drawdown (1Y)Largest decline over 1 year | -27.12% | -14.04% | -13.08% |
Max Drawdown (5Y)Largest decline over 5 years | -49.90% | -69.59% | +19.69% |
Current DrawdownCurrent decline from peak | -23.94% | -44.68% | +20.74% |
Average DrawdownAverage peak-to-trough decline | -20.11% | -39.34% | +19.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.13% | 4.89% | +6.24% |
Volatility
SKYE.DE vs. QCLN.DE - Volatility Comparison
The current volatility for First Trust Cloud Computing UCITS ETF Acc (SKYE.DE) is 5.79%, while First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE) has a volatility of 9.76%. This indicates that SKYE.DE experiences smaller price fluctuations and is considered to be less risky than QCLN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SKYE.DE | QCLN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.79% | 9.76% | -3.97% |
Volatility (6M)Calculated over the trailing 6-month period | 19.82% | 25.40% | -5.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.37% | 36.15% | -6.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.16% | 36.06% | -7.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.88% | 36.51% | -8.63% |