##  [# ETF Explainer: QCLN](/sections/etf-report-departments/etf-explainer-qcln) 

 

# ETF Explainer: QCLN

 

 

A look at a high-flying clean energy fund.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Nov 02, 2020

 Edited by: Heather Bell

 

 

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**First Trust NASDAQ Clean Edge Green Energy Index Fund**Each month, we look at an ETF selected by ETF.com based on its performance and importance to investors. This month, we consider the performance of the $536 million [**First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)**](/QCLN), one of the best-performing equity funds of the last 12 months. All the companies mentioned below are holdings in QCLN, unless otherwise noted (\*).

[![ETFExplainerVTV](/sites/default/files/images/Magazines/ETF%20Report/2020/11/ETFExplainerQLCN_fig1.jpg)](/sites/default/files/images/Magazines/ETF%20Report/2020/11/ETFExplainerQLCN_fig1b.jpg)

*For a larger view, please click on the image above.*



**NOV 5** China-based electric carmaker NIO partners with Intel’s Mobileye to develop self-driving cars, giving NIO’s stock price a major bump.

**FEB 20** SolarEdge, a manufacturer of solar-powered electronics, sees a second day of double-digit gains in its stock price after it reports significant growth in sales and revenue.

**MAR 18** Amid a broad market decline, a report predicting hard times for the semiconductor industry due to coronavirus drove that category, including ON Semiconductor, down even further.

**MAY 6** Solar energy firm Enphase reports first-quarter results including a doubling of sales and operating income growing by six times year over year.

**JUL 7** Solar power firm Sunrun sees its stock price spike after it announces it will acquire Vivint Solar,\* a competitor, in a $3.2 billion deal.

**AUG 31** Tesla shares reach new record highs and well-above-average volume after its five-for-one stock split takes effect, driving its market capitalization to more than $430 billion.

*Source: Bloomberg; data for 9/30/2019-9/30/2020*





 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


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