ETF Explainer: QCLN

A look at a high-flying clean energy fund.

Reviewed by: Heather Bell
Edited by: Heather Bell
First Trust NASDAQ Clean Edge Green Energy Index Fund

Each month, we look at an ETF selected by 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), one of the best-performing equity funds of the last 12 months. All the companies mentioned below are holdings in QCLN, unless otherwise noted (*).



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 is a former managing editor of She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.