QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
ETF.com Segment: Equity: Global Renewable Energy
QCLN Fund Description
Overall Rating
The First Trust NASDAQ Clean Edge Green Energy Index Fund tracks a market-cap-weighted
index of US-listed firms involved in clean energy.
QCLN FactSet Analytics Insight
QCLN holds a broad portfolio of US-listed firms in the clean energy industry. Eligible companies
must be manufacturers, developers,
distributors, or installers of one of the
following four sub-sectors: advanced
materials (that enable clean-energy or
reduce the need for petroleum
products), energy intelligence (smart
grid), energy storage and conversion
(hybrid batteries), or renewable
electricity generation (solar, wind, geothermal, etc). Because there is subjectivity in classifying
companies as “clean energy”, potential investors would be well-served by reviewing the fund’s
portfolio to make sure your definition of “clean energy” matches QCLN’s. This ETF is among the
least expensive and most liquid funds in its segment, making it a strong contender for investors
considering the space.
“ QCLN holds a broad
portfolio of US-listed firms in
the clean energy industry
”
QCLN Index Data
Rating Details
B
90
21
21
66
Segment Average
as of 09/30/16
QCLN Summary Data
Issuer
First Trust
Inception Date
02/08/07
Legal Structure
Open-Ended Fund
Expense Ratio
0.60%
Assets Under Management
$52.73 M
Average Daily $ Volume
$125.44 K
QCLN Portfolio Data
Index Tracked
NASDAQ Clean Edge Green Energy Index
Price / Earnings Ratio
Index Weighting Methodology
Market Cap
Price / Book Ratio
Index Selection Methodology
Market Cap
Distribution Yield
Segment Benchmark
Thomson Reuters Global Renewable Energy
208.82
2.01
1.43%
Next Ex-Dividend Date
12/21/16
Related ETFs to QCLN
Top Competing ETFs
GEX, ICLN, KWT, YLCO
EFFICIENCY
QCLN Portfolio Management
90
Total Returns
1 Year
40.0%
Expense Ratio
0.60%
Median Tracking Difference (12 Mo)
0.06%
Max. Upside Deviation (12 Mo)
0.64%
Max. Downside Deviation (12 Mo)
20.0%
-0.12%
QCLN Tax Exposures
Max LT/ST Capital Gains Rate 20.00% / 39.60%
Capital Gains Distributions (3 Year)
0.0%
Tax on Distributions
--
Qualified dividends
Distributes K1
No
QCLN Fund Structure
Legal Structure
Nov
Jan 2016
Performance
Mar
1 Month
May
3 Month
YTD
Jul
1 Year
3 Years
Sep
5 Years
Open-Ended Fund
OTC Derivative Use
10 Years
QCLN
-0.22%
7.13%
-5.72% 11.12%
-1.81%
8.74%
--
QCLN (NAV)
-0.38%
6.77%
-5.65% 10.93%
-1.76%
8.54%
--
NASDAQ Clean Edge Green
Energy Index
-0.41%
6.42%
-6.19% 10.29%
-1.95%
8.22%
--
Thomson Reuters Global
Renewable Energy
0.20%
10.66%
-9.66% 17.81%
15.56%
8.39%
--
Securities Lending Active
Securities Lending Split (Fund/Issuer)
ETN Counterparty
No
Yes
100% / 0%
N/A
ETN Counterparty Risk
N/A
Fund Closure Risk
Low
Portfolio Disclosure
Daily
All returns over 1 year are annualiz ed. All returns are total returns unless otherwise stated.
| First Trust NAS DAQ Clean Edge Green Energy Index Fund | 30 S eptember 2016
Page 1 of 3
TRADABILITY
66
QCLN FactSet Analytics Block Liquidity
AVERAGE SPREAD
5
0.5%
4
0.4%
3
0.3%
2
0.2%
1
0.1%
0%
PREMIUM/DISCOUNT
1.0%
This measurement shows
how easy it is to trade
25,000 shares of QC LN.
QC LN is rated a 5 out of 5.
QCLN Tradability
Avg. Daily Share Volume
8,370
Average Daily $ Volume
$125.44 K
Median Daily Share Volume
0.0%
6,665
Median Daily Volume ($)
$102.75 K
Average Spread (%)
0.22%
Average Spread ($)
-1.0%
$0.03
Median Premium / Discount (12 Mo)
Max. Premium / Discount (12 Mo)
VOLUME
400K
300K
OCT
`16
APR
JUL
-0.05%
0.68% / -0.84%
Impediment to Creations
None
200K
Market Hours Overlap
100.00%
100K
Creation Unit Size (Shares)
50,000
Creation Unit/Day (45 Day Average)
`16
0.13
Creation Unit Cost (%)
0.07%
Underlying Volume / Unit
0%
Open Interest on ETF Options
--
Net Asset Value (Yesterday)
$14.95
ETF.com Implied Liquidity
5
FIT
QCLN Benchmark Comparison
21
QCLN Sector/Industry Breakdown
QCLN Top 10 Holdings
QCLN
38 Holdings
Shared Holdings
9 (Count)
S ec tor
QCLN Benc hmark
Linear Technology Corporation
9.89%
Semiconductors
31.51%
--
Tesla Motors, Inc.
8.08%
Renewable Energy
20.63%
95.52%
Acuity Brands, Inc.
7.93%
First Solar, Inc.
7.01%
Hexcel Corporation
5.88%
Large
Cree, Inc.
4.55%
(>12.9B)
Microsemi Corporation
4.51%
Universal Display Corporation
4.31%
ON Semiconductor Corporation
4.03%
Mic ro
SolarCity Corp.
3.84%
(<600M)
Equipment & Services
Electrical Components &
9.06%
--
Equipment
Electric Utilities
8.81%
--
Auto & Truck
Manufacturers
8.08%
--
Construction Supplies &
7.93%
--
Fixtures
Aerospace & Defense
5.88%
--
Independent Power
2.81%
--
Total Top 10 Weighting
60.03%
Producers
QCLN
Geographic
Exposure2.00%
Renewable
Fuels
Commercial REITs
Countries
United States
4.48%
1.40%
QCLN
Benc hmark--
Regions
97.44%
22.59%
2.56%
6.91%
Asia-Pacific
United Kingdom
--
1.23%
Europe
India
--
3.56%
Developed /
Canada
--
0.75%
Emerging Split
Norway
--
0.88%
Denmark
--
38.67%
China
Taiwan, Province of China
North America
QCLN
Benc hmark
Benchmark
34 Constituents
19.79% (Weight)
QCLN
Weighted Average
Market Cap
Benchmark
6.99 B
7.69 B
17.97%
38.67%
Mid (>2.7B)
38.22%
22.01%
S mall
38.08%
26.04%
5.73%
13.28%
208.82
24.34
Size Split
(>600M)
Price / Earnings
Ratio
Price / Book Ratio
2.01
2.10
Dividend Yield
1.21%
0.99%
Number Of
Holdings
Concentration
38
34
High
High
97.44%
23.34%
2.56%
22.90%
QCLN Performance Statistics
--
53.76%
Goodness of Fit (R 2)
0.48
Beta
0.69
Up Beta
0.58
89.53% /
97.44% /
10.47%
2.56%
2.83%
| First Trust NAS DAQ Clean Edge Green Energy Index Fund | 30 S eptember 2016
Down Beta
Downside Standard Deviation
0.68
1.30%
Segment Benchmark
Page 2 of 3
-Hong Kong
--
16.31%
Other
Thomson Reuters Global Renewable Energy
6.26%
-0.00%
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Data provider: FactSet Research Systems, Inc.
| First Trust NAS DAQ Clean Edge Green Energy Index Fund | 30 S eptember 2016
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