FRNWvsQCLNETF Comparison
VS
ETF 2
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund ETF
This fund is part of
Alternative Energy
-2.98%
Fidelity Clean Energy ETF (FRNW) and First Trust NASDAQ Clean Edge Green Energy Index Fund ETF (QCLN) belong to the same industry segment: Alternative Energy. FRNW's top 3 sector exposures are Industrials, Utilities and Technology. In contrast, QCLN's top sector exposures are Industrials, Technology and Consumer Cyclicals. FRNW is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.56% for QCLN. FRNW is up 1.32% year-to-date (YTD) with +$57M in YTD flows. QCLN performs better with 5.94% YTD performance, and -$32M in YTD flows. Run a side-by-side ETF comparison of FRNW and QCLN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FRNW vs QCLN performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/14/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FRNW QCLN | -5.71%-0.67% | -12.55%-11.83% | +1.32%+5.94% | -2.54%+3.65% | +40.15%+20.17% | -18.56%-27.83% |
| Flows | FRNW QCLN | -$2M-$17M | -$2M-$94M | +$57M-$32M | +$62M-$31M | +$61M-$605M | +$101M-$1.06B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FRNW QCLN | +22.66%+35.84% | +24.62%+40.84% | +25.01%+37.53% | +25.88%+39.35% |
| Max drawdown | FRNW QCLN | -12.80%-15.31% | -25.90%-32.10% | -31.43%-42.86% | -58.56%-69.47% |
| Max drawdown duration | FRNW QCLN | 91d91d | 134d133d | 571d644d | 1808d1800d |
Trading data
FRNW | QCLN | |
Last sale 10/15/2026 at 1:30 PM | $20.39 | $45.02 |
| Previous close 10/14/2026 | $20.31 | $44.92 |
| Consolidated volume 10/14/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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FRNW | QCLN | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/15/2026 at 1:30 PM
Live
Closed
FRNW | QCLN | |
|---|---|---|
| Last price | $20.39 | $45.02 |
| 1D performance | +0.39% | +0.22% |
| AuM | $87.62 M | $521.85 M |
| E/R | 0.39% | 0.56% |
Characteristics
FRNW | QCLN | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fidelity | First Trust |
| Benchmark | Fidelity Clean Energy Index | NASDAQ Clean Edge Green Energy Index |
| N° of holdings | 49 | 51 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 5, 2021 | February 8, 2007 |
| ESG | Yes | Yes |
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Exposure
Countries
FRNW
USA
32.87%
Denmark
11.15%
China
9.78%
Germany
7.6%
Spain
7.49%
Other
31.11%
QCLN
USA
91.71%
Other
8.29%
Sectors
FRNW
Industrials
50.38%
Utilities
44.65%
Other
4.97%
QCLN
Industrials
31.02%
Technology
29.04%
Consumer Cyclical.
15.22%
Non-Energy Materi.
11.63%
Utilities
9.21%
Other
3.88%
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Diversification
FRNW
Total weight of top 15 holdings out of 15
49.91%
QCLN
Total weight of top 15 holdings out of 15
74.62%
Top 15 holdings
Data as of August 31, 2026
FRNW
Vestas Wind Systems A/S
6.18%
GE Vernova, Inc.
5.25%
EDP SA
4.36%
First Solar, Inc.
3.57%
Bloom Energy Corp.
3.51%
Enlight Renewable Energy Ltd.
3.16%
Ørsted A/S
3.16%
Itron, Inc.
2.87%
VERBUND AG
2.84%
Nordex SE
2.68%
Nextpower, Inc.
2.66%
Acciona SA
2.57%
E.ON SE
2.42%
Ormat Technologies, Inc.
2.37%
Meridian Energy Ltd.
2.30%
QCLN
Tesla, Inc.
8.97%
Monolithic Power Systems, Inc.
8.59%
Bloom Energy Corp.
8.23%
First Solar, Inc.
7.14%
ON Semiconductor Corp.
6.61%
Rivian Automotive, Inc.
5.96%
Albemarle Corp.
4.22%
Advanced Energy Industries, Inc.
3.79%
Acuity, Inc.
3.69%
MP Materials Corp.
3.57%
Brookfield Renewable Partners LP
3.54%
Nextpower, Inc.
2.91%
Allegro MicroSystems, Inc.
2.47%
EnerSys
2.47%
Ormat Technologies, Inc.
2.46%
Frequently asked questions about FRNW and QCLN
How have the FRNW and QCLN ETFs performed in 2026?
As of October 14, 2026, FRNW is up 1.32% year-to-date (YTD), while QCLN has returned 5.94%. That puts QCLN better performer ahead so far this year.
Which ETF is attracting more investor money: FRNW or QCLN?
Year-to-date, the FRNW ETF saw +$57M in flows, compared to -$32M for QCLN.
Which ETF is more volatile: FRNW or QCLN?
Over the past year, FRNW had a volatility of 24.62%, while QCLN experienced 40.84%.
Which ETF is bigger: FRNW or QCLN?
As of October 14, 2026, FRNW holds $87.62 M in assets under management (AUM), while QCLN manages $521.85 M.
What sectors do the FRNW and QCLN ETFs invest in?
FRNW leans toward sectors like Industrials and Utilities. Meanwhile, QCLN focuses on Industrials, Technology and Consumer Cyclicals.
What are the top holdings of the FRNW ETF and QCLN ETF?
FRNW top holdings include Vestas Wind Systems A/S, GE Vernova, Inc. and EDP SA. QCLN holds in its top three: Tesla, Inc., Monolithic Power Systems, Inc. and Bloom Energy Corp..
Which ETF is more diversified: FRNW or QCLN?
FRNW holds 49 securities with 49.91% of its assets in the top 15. QCLN has 51 securities and a top 15 weight of 74.62%.
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Latest news about FRNW & QCLN
Donald Trump vs Kamala Harris: ETFs to Watch
November 1, 2024
QCLN
Energy Sector Plunges for the Third Week in a Row
November 13, 2023
QCLN
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