QCLN ETF Explained: Returns, Expense Ratio, Holdings, and Alternative ETFs
A flagship clean-energy thematic ETF that invests across the full clean-energy technology spectrum, from renewable power generation to electric vehicles and semiconductors.
It tracks the Nasdaq Clean Edge Green Energy Index and holds companies involved in the manufacturing, development, distribution, and installation of clean-energy technologies using a market-capitalization weighting approach. Its distinguishing feature is a heavy weighting in technology stocks that improve energy efficiency, going beyond pure power-generation companies.
It is well-suited for investors seeking long-term exposure to a broad range of technology-innovation companies positioned to benefit from the energy paradigm shift.
It is a passive (index-tracking) ETF launched by First Trust in 2007.
How does it invest?
| Item | Details |
|---|---|
| Tracking Index | Nasdaq Clean Edge Green Energy Index |
| Management Style | Passive (modified market-cap weighting) |
| Rebalancing Frequency | Semi-annual |
| Dividend Schedule | Quarterly |
| Total Expense Ratio | 0.59% |
It blends renewable-energy producers such as solar, wind, and biofuel companies with electric-vehicle manufacturers like Tesla (TSLA) and power-management semiconductor companies. The objective is to gain exposure to the technology infrastructure spanning the entire clean-energy value chain.
- Broad thematic composition that includes the electric-vehicle and semiconductor sectors
- A portfolio centered on long-term innovation technologies within the clean-energy space
Size and cost
Assets under management (AUM) stand at $550.2M, with a total expense ratio of 0.59% per year.
Compared with ICLN, a traditional utilities-style renewable-energy ETF, QCLN carries a higher weighting in technology and industrial stocks, making it more sensitive to market liquidity and technology-growth momentum.
Performance and flows
Alternative ETFs and related products
It shares a similar clean-energy theme with ACES and NBET shown in the table, but its differentiator is a heavier weighting in technology infrastructure. For broad exposure to global renewable energy, ICLN is a representative alternative; for a specific focus on solar, consider TAN, and for smart-grid exposure, GRID is also worth reviewing. Those who prefer a more traditional energy-efficiency theme may find ERTH a solid option as well.
| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
| ALPS Clean Energy ETF | $28.20 | +0.5% | $101.8M | 0.55% | 0.66% | -11.6% | |
| Neuberger Energy Transition & Infrastructure ETF | $39.97 | -1.2% | $49.5M | 0.65% | 2.51% | +20.5% |
| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| BE | Bloom Energy Corp | 0.07% | $288.70 | +8.3% | $85.0B | 393.4 | - |
| TSLA | Tesla Inc | 0.08% | $372.11 | -1.5% | $1.47T | 345.7 | - |
| MPWR | Monolithic Power System Inc | 0.08% | $1367.43 | +2.4% | $67.2B | 83.8 | 0.55% |
| ON | ON Semiconductor Corp | 0.07% | $77.20 | +5.5% | $30.1B | 49.7 | - |
| MPWR | Monolithic Power System Inc | 0.08% | $1367.43 | +2.4% | $67.2B | 83.8 | 0.55% |
| TSLA | Tesla Inc | 0.08% | $372.11 | -1.5% | $1.47T | 345.7 | - |
| BE | Bloom Energy Corp | 0.07% | $288.70 | +8.3% | $85.0B | 393.4 | - |
| First Solar Inc | 0.07% | $177.71 | +3.2% | $19.1B | 11.0 | - | |
| ON | ON Semiconductor Corp | 0.07% | $77.20 | +5.5% | $30.1B | 49.7 | - |
| First Solar Inc | 0.07% | $177.71 | +3.2% | $19.1B | 11.0 | - |
Investor checklist
Before investing, carefully review the following key factors to fully understand both the long-term growth potential of the clean-energy technology industry and the market risks that may accompany it.
| Checklist | What to confirm | Current status |
|---|---|---|
| 🌱 Energy-transition policy | Whether major economies are maintaining their carbon-neutral targets and support measures | Monitor continuously |
| 🔌 Technology competitiveness | Trends in the technology gap and market-share shifts among top holdings | Review periodically |
| 💵 Expense-ratio level | Cost efficiency as a theme-specific ETF and its impact on long-term returns | Reasonable |
| 📈 Interest-rate environment | How the high-rate backdrop affects the financial structure of clean-energy companies | Monitor continuously |
The green industry is still in its early growth phase, and uncertainty remains high around achieving technological maturity and economic profitability, which can lead to unexpected price declines.
It is a fitting solution for investors who want to own the core technology companies of the future energy ecosystem in a single vehicle. Position sizing from a long-term perspective is required to accommodate its elevated volatility.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.