ICLNvsQCLNETF Comparison

ETF 1

ICLN

iShares Global Clean Energy ETF

This fund is part of

Alternative Energy

+0.51%

Full ICLN fund page

ETF 2

QCLN

First Trust NASDAQ Clean Edge Green Energy Index Fund ETF

This fund is part of

Alternative Energy

+0.51%

Full QCLN fund page

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 0.38%, versus 0.56% for QCLN. ICLN is up 5.9% year-to-date (YTD) with +$348M in YTD flows. QCLN performs better with 12.41% YTD performance, and -$18M 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

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Data Services

Historic performance and flows

Data as of 10/05/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	ICLN QCLN	-5.14%-0.96%	-13.99%-14.62%	+5.90%+12.41%	+9.02%+13.63%	+32.32%+30.49%	-12.92%-18.48%
Flows	ICLN QCLN	+$259M-$2M	-$162M-$120M	+$348M-$18M	+$454M-$19M	-$884M-$586M	-$1.81B-$1.07B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	ICLN QCLN	+27.73%+38.28%	+29.40%+41.68%	+24.62%+37.59%	+26.61%+39.38%
Max drawdown	ICLN QCLN	-16.62%-20.83%	-28.90%-32.10%	-31.13%-42.86%	-56.66%-69.47%
Max drawdown duration	ICLN QCLN	91d91d	125d125d	631d644d	1799d1792d

Trading data

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	ICLN	QCLN
Last sale 10/6/2026 at 1:30 PM	$17.54	$50.77
Previous close 10/05/2026	$17.29	$50.16
Consolidated volume 10/05/2026
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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	ICLN	QCLN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/6/2026 at 1:30 PM

Live

Closed

	ICLN	QCLN
Last price	$17.54	$50.77
1D performance	+1.45%	+1.22%
AuM	$2.26 B	$568.76 M
E/R	0.38%	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	103	51
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 24, 2008	February 8, 2007
ESG	Yes	Yes

More ICLN data on Trackinsight

More QCLN data on Trackinsight

Exposure

Countries

ICLN

USA

35.79%

China

22.2%

Other

42.01%

QCLN

USA

91.71%

Other

8.29%

Sectors

ICLN

Industrials

49.97%

Utilities

40.84%

Other

9.2%

QCLN

Industrials

31.02%

Technology

29.04%

Consumer Cyclical.

15.22%

Non-Energy Materi.

11.63%

Utilities

9.21%

Other

3.88%

Diversification

ICLN

Total weight of top 15 holdings out of 15

59.42%

QCLN

Total weight of top 15 holdings out of 15

74.62%

Top 15 holdings

Data as of August 31, 2026

ICLN

First Solar, Inc.

7.87%

China Yangtze Power Co., Ltd.

7.75%

Bloom Energy Corp.

7.09%

Nextpower, Inc.

6.53%

Vestas Wind Systems A/S

4.57%

Enphase Energy, Inc.

4.55%

Equatorial SA

3.13%

EDP SA

2.91%

Plug Power, Inc.

2.85%

Chubu Electric Power Co., Inc.

2.67%

Suzlon Energy Ltd.

2.06%

Enlight Renewable Energy Ltd.

2.06%

Clearway Energy, Inc.

1.96%

SolarEdge Technologies, Inc.

1.85%

Ørsted A/S

1.57%

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 ICLN and QCLN

How have the ICLN and QCLN ETFs performed in 2026?

As of October 5, 2026, ICLN is up 5.9% year-to-date (YTD), while QCLN has returned 12.41%. 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 +$348M in flows, compared to -$18M for QCLN.

Which ETF is more volatile: ICLN or QCLN?

Over the past year, ICLN had a volatility of 29.4%, while QCLN experienced 41.68%.

Which ETF is bigger: ICLN or QCLN?

As of October 5, 2026, ICLN holds $2.26 B in assets under management (AUM), while QCLN manages $568.76 M.

What sectors do the ICLN and QCLN ETFs invest in?

ICLN leans toward sectors like Industrials and Utilities. 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 First Solar, Inc., China Yangtze Power Co., Ltd. and Bloom Energy Corp.. QCLN holds in its top three: Tesla, Inc., Monolithic Power Systems, Inc. and Bloom Energy Corp..

Which ETF is more diversified: ICLN or QCLN?

ICLN holds 103 securities with 59.42% of its assets in the top 15. QCLN has 51 securities and a top 15 weight of 74.62%.

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ICLN

QCLN

ICLNvsQCLNETF Comparison

iShares Global Clean Energy ETF

First Trust NASDAQ Clean Edge Green Energy Index Fund ETF

ICLN vs QCLN performance and flow charts

Performance

Cumulative Flows

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

Countries

Sectors

Diversification

Top 15 holdings

How have the ICLN and QCLN ETFs performed in 2026?

As of October 5, 2026, ICLN is up 5.9% year-to-date (YTD), while QCLN has returned 12.41%. 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 +$348M in flows, compared to -$18M for QCLN.

Which ETF is more volatile: ICLN or QCLN?

Over the past year, ICLN had a volatility of 29.4%, while QCLN experienced 41.68%.

Which ETF is bigger: ICLN or QCLN?

As of October 5, 2026, ICLN holds $2.26 B in assets under management (AUM), while QCLN manages $568.76 M.

What sectors do the ICLN and QCLN ETFs invest in?

ICLN leans toward sectors like Industrials and Utilities. 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 First Solar, Inc., China Yangtze Power Co., Ltd. and Bloom Energy Corp.. QCLN holds in its top three: Tesla, Inc., Monolithic Power Systems, Inc. and Bloom Energy Corp..

Which ETF is more diversified: ICLN or QCLN?

ICLN holds 103 securities with 59.42% of its assets in the top 15. QCLN has 51 securities and a top 15 weight of 74.62%.

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