TMHC vs. QCLN

Last updated Jun 4, 2026

TMHC (Taylor Morrison Home Corporation) is a stock, while QCLN (First Trust NASDAQ Clean Edge Green Energy Index Fund) is Alternative Energy Equities fund tracking the NASDAQ Clean Edge Green Energy. Over the past 10 years, TMHC returned 16.89%/yr vs 17.39%/yr for QCLN. At a 0.44 correlation, their price movements are largely independent.

Performance

TMHC vs. QCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Taylor Morrison Home Corporation (TMHC) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMHC achieves a 21.52% return, which is significantly lower than QCLN's 52.94% return. Both investments have delivered pretty close results over the past 10 years, with TMHC having a 16.89% annualized return and QCLN not far ahead at 17.39%.

TMHC

• 1D: 0.06%
• 1M: 22.12%
• YTD: 21.52%
• 6M: 10.79%
• 1Y: 26.44%
• 3Y*: 17.19%
• 5Y*: 19.21%
• 10Y*: 16.89%

QCLN

• 1D: -0.41%
• 1M: 16.40%
• YTD: 52.94%
• 6M: 50.79%
• 1Y: 120.21%
• 3Y*: 12.03%
• 5Y*: 2.16%
• 10Y*: 17.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TMHC vs. QCLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TMHC Taylor Morrison Home Corporation	21.52%	-3.82%	14.73%	75.78%	-13.19%	36.30%	17.34%	37.48%	-35.02%	27.05%
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	52.94%	31.81%	-18.86%	-10.02%	-30.37%	-3.21%	184.00%	42.65%	-12.38%	32.34%

Correlation

The correlation between TMHC and QCLN is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Apr 11, 2013	0.44

The correlation between TMHC and QCLN shifts across timeframes, from 0.26 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

TMHC vs. QCLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TMHC

TMHC Risk / Return Rank: 62
TMHC Sharpe Ratio Rank: 63
TMHC Sortino Ratio Rank: 66
TMHC Omega Ratio Rank: 60
TMHC Calmar Ratio Rank: 63
TMHC Martin Ratio Rank: 61

QCLN

QCLN Risk / Return Rank: 89
QCLN Sharpe Ratio Rank: 93
QCLN Sortino Ratio Rank: 84
QCLN Omega Ratio Rank: 79
QCLN Calmar Ratio Rank: 94
QCLN Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TMHC vs. QCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Taylor Morrison Home Corporation (TMHC) 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.

	TMHC	QCLN	Difference
Sharpe ratio: Return per unit of total volatility	0.67	3.49	-2.81
Sortino ratio: Return per unit of downside risk	1.53	3.86	-2.33
Omega ratio: Gain probability vs. loss probability	1.17	1.48	-0.31
Calmar ratio: Return relative to maximum drawdown	1.12	7.62	-6.51
Martin ratio: Return relative to average drawdown	2.07	26.28	-24.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TMHC vs. QCLN - Sharpe Ratio Comparison

The current TMHC Sharpe Ratio is 0.67, which is lower than the QCLN Sharpe Ratio of 3.49. The chart below compares the historical Sharpe Ratios of TMHC and QCLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TMHC	QCLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.67	3.49	-2.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.06	+0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.50	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.20	+0.01

Drawdowns

TMHC vs. QCLN - Drawdown Comparison

The maximum TMHC drawdown since its inception was -75.18%, roughly equal to the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for TMHC and QCLN.

Drawdown Indicators

	TMHC	QCLN	Difference
Max Drawdown Largest peak-to-trough decline	-75.18%	-76.18%	+1.00%
Max Drawdown (1Y) Largest decline over 1 year	-23.80%	-15.86%	-7.94%
Max Drawdown (3Y) Largest decline over 3 years	-27.90%	-56.08%	+28.18%
Max Drawdown (5Y) Largest decline over 5 years	-40.84%	-69.49%	+28.65%
Max Drawdown (10Y) Largest decline over 10 years	-75.18%	-71.73%	-3.45%
Current Drawdown Current decline from peak	-4.36%	-20.99%	+16.63%
Average Drawdown Average peak-to-trough decline	-20.30%	-43.45%	+23.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.79%	4.59%	+8.20%

Volatility

TMHC vs. QCLN - Volatility Comparison

Taylor Morrison Home Corporation (TMHC) has a higher volatility of 21.66% compared to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) at 12.56%. This indicates that TMHC's price experiences larger fluctuations and is considered to be riskier than QCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TMHC	QCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.66%	12.56%	+9.10%
Volatility (6M) Calculated over the trailing 6-month period	29.96%	26.02%	+3.94%
Volatility (1Y) Calculated over the trailing 1-year period	39.38%	34.88%	+4.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.90%	37.97%	-0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.83%	34.91%	+9.92%

Dividends

TMHC vs. QCLN - Dividend Comparison

TMHC has not paid dividends to shareholders, while QCLN's dividend yield for the trailing twelve months is around 0.15%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund	0.15%	0.25%	0.87%	0.76%	0.33%	0.01%	0.30%	0.85%	1.03%	0.45%	1.24%	0.72%
TMHC Taylor Morrison Home Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TMHC and QCLN in my portfolio?

TMHC and QCLN have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMHC or QCLN?

TMHC has higher volatility (21.66%) compared to QCLN (12.56%). In terms of maximum drawdown, TMHC dropped -75.18% vs QCLN's -76.18%.

Which has better risk-adjusted returns?

QCLN currently has the higher Sharpe Ratio (3.49 vs 0.67), 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.