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ICLNvsQCLNETF Comparison

ETF 1
ICLN

iShares Global Clean Energy ETF

This fund is part of
Alternative Energy
-0.85%
VS
ETF 2
QCLN

First Trust NASDAQ Clean Edge Green Energy Index Fund ETF

This fund is part of
Alternative Energy
-0.85%

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 8.69% year-to-date (YTD) with +$62M in YTD flows. QCLN performs worse with 4.37% YTD performance, and -$14M 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

-2.00.02.04.06.08.0%Mar 6Mar 13Mar 20Mar 27Apr 6

Cumulative Flows

-10 M0 M10 M20 M30 M40 MMar 6Mar 13Mar 20Mar 27Apr 6

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/07/2026
1M3MYTD1Y3Y5Y
Perf.
ICLN
QCLN
-0.69%+3.38%
+5.06%-3.36%
+8.69%+4.37%
+68.11%+79.94%
-3.30%-1.41%
-17.83%-31.10%
Flows
ICLN
QCLN
+$39M-$7M
+$62M-$14M
+$62M-$14M
+$99M-$62M
-$1.74B-$723M
-$1.40B-$1.15B
Volatility and drawdown
3M1Y3Y5Y
Volatility
ICLN
QCLN
+27.59%+38.45%
+23.48%+37.01%
+22.49%+34.90%
+25.53%+38.19%
Max drawdown
ICLN
QCLN
-8.79%-15.86%
-10.55%-15.86%
-44.77%-56.02%
-56.66%-69.47%
Max drawdown duration
ICLN
QCLN
41d68d
77d68d
1016d993d
1618d1610d
Trading data

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ICLN
QCLN
Last sale
4/7/2026 at 1:30 PM
$17.85
$46.26
Previous close
04/07/2026
$17.89
$46.52
Consolidated volume
04/07/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 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 4/7/2026 at 1:30 PM
Live
Closed
ICLN
QCLN
Last price
$17.85
$46.26
1D performance
-0.22%
-0.56%
AuM$2.12 B$544.39 M
E/R0.39%0.56%
Characteristics
ICLN
QCLN
Management strategyPassivePassive
ProvideriSharesFirst Trust
BenchmarkS&P Global Clean Energy Transition IndexNASDAQ Clean Edge Green Energy Index
N° of holdings9043
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateJune 24, 2008February 8, 2007
ESGYesYes
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Exposure

Countries

ICLN
USA
42.3%
China
17.41%
Brazil
8.54%
Spain
8.04%
Other
23.72%
QCLN
USA
93.51%
Other
6.49%

Sectors

ICLN
Utilities
42.15%
Industrials
27.51%
Information Techn.
14.63%
Other
15.71%
QCLN
Information Techn.
29.9%
Industrials
27.43%
Consumer Discreti.
14.65%
Materials
8.78%
Utilities
8.71%
Other
10.53%
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Diversification

ICLN

Total weight of top 15 holdings out of 15

59.91%
QCLN

Total weight of top 15 holdings out of 15

75.52%

Top 15 holdings

Data as of February 28, 2026
ICLN
BLOOM ENERGY CORP
11.29%
US65290E1010
8.70%
FIRST SOLAR
6.00%
IBERDROLA SA
5.78%
YANGTZE POWER
4.41%
ENPHASE ENERGY
3.55%
EQUATORIAL ENERGIA
3.00%
ORMAT TECHNOLOGIES
2.93%
VESTAS WIND SYSTEMS
2.23%
ENERGIAS DE PORTUGAL
2.15%
SUNRUN
2.11%
CHUBU ELECTRIC POWER
2.09%
ORSTED
2.03%
CLEARWAY ENERGY INC
1.92%
SUZLON ENERGY
1.72%
QCLN
BLOOM ENERGY CORP
12.78%
ON SEMICONDUCTOR
8.74%
TESLA
7.82%
RIVIAN AUTOMOTIVE
6.72%
FIRST SOLAR
5.47%
US65290E1010
4.97%
ADVANCED ENERGY INDUSTRIES
4.64%
ALBEMARLE
4.64%
BROOKFIELD RENEWABLE PARTNERS
3.67%
MP MATERIALS CORPORATION
3.52%
ORMAT TECHNOLOGIES
2.73%
ACUITY BRANDS
2.71%
ENERSYS
2.42%
ENPHASE ENERGY
2.35%
ALLEGRO MICROSYSTEMS
2.34%
Frequently asked questions about ICLN and QCLN

How have the ICLN and QCLN ETFs performed in 2026?

As of April 7, 2026, ICLN is up 8.69% year-to-date (YTD), while QCLN has returned 4.37%. That puts ICLN better performer ahead so far this year.

Which ETF is attracting more investor money: ICLN or QCLN?

Year-to-date, the ICLN ETF saw +$62M in flows, compared to -$14M for QCLN.

Which ETF is more volatile: ICLN or QCLN?

Over the past year, ICLN had a volatility of 23.48%, while QCLN experienced 37.01%.

Which ETF is bigger: ICLN or QCLN?

As of April 7, 2026, ICLN holds $2.12 B in assets under management (AUM), while QCLN manages $544.39 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 BLOOM ENERGY CORP, US65290E1010 and FIRST SOLAR. QCLN holds in its top three: BLOOM ENERGY CORP, ON SEMICONDUCTOR and TESLA.

Which ETF is more diversified: ICLN or QCLN?

ICLN holds 100 securities with 59.91% of its assets in the top 15. QCLN has 47 securities and a top 15 weight of 75.52%.

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