ICLNvsQCLNETF Comparison
VS
ETF 2
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund ETF
This fund is part of
Alternative Energy
+0.91%
iShares Global Clean Energy ETF (ICLN) and First Trust NASDAQ Clean Edge Green Energy Index Fund ETF (QCLN) belong to the same industry segment: Alternative Energy. ICLN's top 3 sector exposures are Utilities, Industrials and Information Technology. In contrast, QCLN's top sector exposures are Information Technology, Industrials and Consumer Discretionary. ICLN is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.56% for QCLN. ICLN is up 36.36% year-to-date (YTD) with +$374M in YTD flows. QCLN performs better with 39.37% YTD performance, and +$65M in YTD flows. Run a side-by-side ETF comparison of ICLN 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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ICLN vs QCLN performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 05/22/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ICLN QCLN | +12.81%+13.31% | +18.11%+23.47% | +36.36%+39.37% | +82.77%+98.57% | +24.65%+31.36% | +6.22%+5.83% |
| Flows | ICLN QCLN | +$273M+$84M | +$361M+$72M | +$374M+$65M | +$470M+$37M | -$1.31B-$604M | -$1.53B-$964M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ICLN QCLN | +29.56%+42.33% | +24.14%+34.62% | +22.84%+35.37% | +25.55%+38.21% |
| Max drawdown | ICLN QCLN | -8.79%-15.60% | -10.55%-15.86% | -42.62%-56.02% | -56.66%-69.47% |
| Max drawdown duration | ICLN QCLN | 47d47d | 77d75d | 924d1008d | 1663d1655d |
Trading data
ICLN | QCLN | |
Last sale 5/22/2026 at 1:30 PM | $22.41 | $63.40 |
| Previous close 05/21/2026 | $22.18 | $62.10 |
| Consolidated volume 05/21/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of April 30, 2026
1-year trailing difference
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ICLN | 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 5/22/2026 at 1:30 PM
Live
Closed
ICLN | QCLN | |
|---|---|---|
| Last price | $22.41 | $63.40 |
| 1D performance | +1.04% | +2.09% |
| AuM | $2.99 B | $810.81 M |
| E/R | 0.39% | 0.56% |
Characteristics
ICLN | QCLN | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | First Trust |
| Benchmark | S&P Global Clean Energy Transition Index | NASDAQ Clean Edge Green Energy Index |
| N° of holdings | 90 | 44 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 24, 2008 | February 8, 2007 |
| ESG | Yes | Yes |
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Exposure
Countries
ICLN
USA
42.34%
China
17.6%
Brazil
8.48%
Spain
8.19%
Other
23.39%
QCLN
USA
93.38%
Other
6.62%
Sectors
ICLN
Utilities
43.42%
Industrials
25.6%
Information Techn.
14.4%
Other
16.58%
QCLN
Information Techn.
37.59%
Industrials
21.96%
Consumer Discreti.
11.9%
Utilities
8.79%
Materials
8.04%
Other
11.72%
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Diversification
ICLN
Total weight of top 15 holdings out of 15
60.24%
QCLN
Total weight of top 15 holdings out of 15
72.8%
Top 15 holdings
Data as of March 31, 2026
ICLN
US65290E1010
10.17%
BLOOM ENERGY CORP
9.40%
FIRST SOLAR
6.13%
IBERDROLA SA
5.76%
YANGTZE POWER
4.70%
ORMAT TECHNOLOGIES
3.19%
ENPHASE ENERGY
3.04%
EQUATORIAL ENERGIA
2.90%
VESTAS WIND SYSTEMS
2.69%
ENERGIAS DE PORTUGAL
2.24%
CHUBU ELECTRIC POWER
2.11%
ORSTED
2.08%
CLEARWAY ENERGY INC
2.05%
PLUG POWER
1.93%
SOLAREDGE TECH/D
1.87%
QCLN
MONOLITHIC POWER SYSTEMS
8.07%
TESLA
7.80%
ON SEMICONDUCTOR
7.71%
FIRST SOLAR
7.13%
BLOOM ENERGY CORP
7.01%
US65290E1010
4.72%
ALBEMARLE
4.11%
ADVANCED ENERGY INDUSTRIES
4.08%
RIVIAN AUTOMOTIVE
4.01%
BROOKFIELD RENEWABLE PARTNERS
3.90%
ACUITY BRANDS
3.39%
MP MATERIALS CORPORATION
3.31%
ORMAT TECHNOLOGIES
2.66%
ENERSYS
2.52%
ALLEGRO MICROSYSTEMS
2.38%
Frequently asked questions about ICLN and QCLN
How have the ICLN and QCLN ETFs performed in 2026?
As of May 22, 2026, ICLN is up 36.36% year-to-date (YTD), while QCLN has returned 39.37%. That puts QCLN better performer ahead so far this year.
Which ETF is attracting more investor money: ICLN or QCLN?
Year-to-date, the ICLN ETF saw +$374M in flows, compared to +$65M for QCLN.
Which ETF is more volatile: ICLN or QCLN?
Over the past year, ICLN had a volatility of 24.14%, while QCLN experienced 34.62%.
Which ETF is bigger: ICLN or QCLN?
As of May 22, 2026, ICLN holds $2.99 B in assets under management (AUM), while QCLN manages $810.81 M.
What sectors do the ICLN and QCLN ETFs invest in?
ICLN leans toward sectors like Utilities, Industrials and Information Technology. Meanwhile, QCLN focuses on Information Technology, Industrials and Consumer Discretionary.
What are the top holdings of the ICLN ETF and QCLN ETF?
ICLN top holdings include US65290E1010, BLOOM ENERGY CORP and FIRST SOLAR. QCLN holds in its top three: MONOLITHIC POWER SYSTEMS, TESLA and ON SEMICONDUCTOR.
Which ETF is more diversified: ICLN or QCLN?
ICLN holds 100 securities with 60.24% of its assets in the top 15. QCLN has 51 securities and a top 15 weight of 72.8%.
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