QCLNFirst Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN Fund Description
QCLN 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.
QCLN MSCI ESG Analytics Insight
First Trust NASDAQ Clean Edge Green Energy Index Fund has an MSCI ESG Fund Rating of A based on a score of 7.14 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust NASDAQ Clean Edge Green Energy Index Fund ranks in the 53th percentile within its peer group and in the 37th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
QCLN MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
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QCLN Portfolio Management
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QCLN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QCLN. QCLN is rated a 5 out of 5.
QCLN Economic Development
QCLN Performance Statistics
QCLN MSCI ESG Ratings
QCLN Benchmark Comparison Summary
QCLN Benchmark Comparison Market Cap Size