New

From idea to ETF portfolio in minutes. Build yours now →

Advertisement
Advertisement

ICLNvsQCLNETF Comparison

ETF 1
ICLN

iShares Global Clean Energy ETF

This fund is part of
Alternative Energy
-1.39%
VS
ETF 2
QCLN

First Trust NASDAQ Clean Edge Green Energy Index Fund ETF

This fund is part of
Alternative Energy
-1.39%

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 Industrials, Utilities and Technology. In contrast, QCLN's top sector exposures are Industrials, Technology and Consumer Cyclicals. ICLN is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.56% for QCLN. ICLN is up 7.46% year-to-date (YTD) with +$256M in YTD flows. QCLN performs better with 11.82% YTD performance, and -$5M 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.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

ICLN vs QCLN performance and flow charts

Performance

-10.0-5.00.05.0%Jul 20Jul 27Aug 3Aug 10Aug 17

Cumulative Flows

-400 M-300 M-200 M-100 M0 MJul 20Jul 27Aug 3Aug 10Aug 17

Get all the metrics on this page, and more, through a reliable ETF data feed

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

Historic performance and flows
Data as of 08/20/2026
1M3MYTD1Y3Y5Y
Perf.
ICLN
QCLN
-3.13%-2.73%
-17.95%-16.92%
+7.46%+11.82%
+23.65%+36.06%
+15.33%+10.82%
-17.26%-19.24%
Flows
ICLN
QCLN
-$159M-$43M
-$118M-$70M
+$256M-$5M
+$394M-$8M
-$1.05B-$625M
-$1.89B-$1.09B
Volatility and drawdown
3M1Y3Y5Y
Volatility
ICLN
QCLN
+36.93%+51.88%
+29.00%+41.13%
+24.59%+37.57%
+26.55%+39.33%
Max drawdown
ICLN
QCLN
-28.47%-32.10%
-28.47%-32.10%
-33.82%-48.05%
-56.66%-69.47%
Max drawdown duration
ICLN
QCLN
79d79d
79d79d
765d771d
1753d1746d
Trading data

Create an account to view trading data

Join for free
ICLN
QCLN
Last sale
8/21/2026 at 1:30 PM
$17.59
$50.45
Previous close
08/20/2026
$17.63
$49.86
Consolidated volume
08/20/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of July 31, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free
ICLN
QCLN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 8/21/2026 at 1:30 PM
Live
Closed
ICLN
QCLN
Last price
$17.59
$50.45
1D performance
-0.23%
+1.18%
AuM$2.20 B$578.27 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 holdings10451
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
Join
Inception dateJune 24, 2008February 8, 2007
ESGYesYes
Advertisement
Exposure

Countries

ICLN
USA
45.59%
China
18.15%
Other
36.26%
QCLN
USA
91.85%
Other
8.15%

Sectors

ICLN
Industrials
56.7%
Utilities
33.46%
Technology
7.95%
Other
1.88%
QCLN
Industrials
32.39%
Technology
32.32%
Consumer Cyclical.
13.81%
Non-Energy Materi.
9.45%
Utilities
8.23%
Other
3.8%
Advertisement

Diversification

ICLN

Total weight of top 15 holdings out of 15

63.9%
QCLN

Total weight of top 15 holdings out of 15

73.9%

Top 15 holdings

Data as of June 30, 2026
ICLN
Bloom Energy Corp.
14.75%
First Solar, Inc.
8.41%
Nextpower, Inc.
7.32%
China Yangtze Power Co., Ltd.
5.78%
Enphase Energy, Inc.
4.87%
Vestas Wind Systems A/S
3.11%
Plug Power, Inc.
2.85%
SolarEdge Technologies, Inc.
2.65%
Equatorial SA
2.56%
Suzlon Energy Ltd.
2.52%
EDP SA
2.25%
Chubu Electric Power Co., Inc.
2.22%
Clearway Energy, Inc.
1.60%
Ørsted A/S
1.55%
Enlight Renewable Energy Ltd.
1.46%
QCLN
Bloom Energy Corp.
9.07%
Tesla, Inc.
8.72%
Monolithic Power Systems, Inc.
7.60%
ON Semiconductor Corp.
7.01%
First Solar, Inc.
6.76%
Rivian Automotive, Inc.
4.71%
Advanced Energy Industries, Inc.
4.12%
Vicor Corp.
3.61%
Allegro MicroSystems, Inc.
3.58%
Albemarle Corp.
3.45%
Acuity, Inc.
3.39%
Nextpower, Inc.
3.32%
Brookfield Renewable Partners LP
3.17%
MP Materials Corp.
2.94%
EnerSys
2.45%
Frequently asked questions about ICLN and QCLN

How have the ICLN and QCLN ETFs performed in 2026?

As of August 20, 2026, ICLN is up 7.46% year-to-date (YTD), while QCLN has returned 11.82%. 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 +$256M in flows, compared to -$5M for QCLN.

Which ETF is more volatile: ICLN or QCLN?

Over the past year, ICLN had a volatility of 29%, while QCLN experienced 41.13%.

Which ETF is bigger: ICLN or QCLN?

As of August 20, 2026, ICLN holds $2.20 B in assets under management (AUM), while QCLN manages $578.27 M.

What sectors do the ICLN and QCLN ETFs invest in?

ICLN leans toward sectors like Industrials, Utilities and Technology. Meanwhile, QCLN focuses on Industrials, Technology and Consumer Cyclicals.

What are the top holdings of the ICLN ETF and QCLN ETF?

ICLN top holdings include Bloom Energy Corp., First Solar, Inc. and Nextpower, Inc.. QCLN holds in its top three: Bloom Energy Corp., Tesla, Inc. and Monolithic Power Systems, Inc..

Which ETF is more diversified: ICLN or QCLN?

ICLN holds 104 securities with 63.9% of its assets in the top 15. QCLN has 51 securities and a top 15 weight of 73.9%.

Advertisement
Advertisement
The Active Trader Report

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up