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QCLNvsTANETF Comparison

ETF 1
QCLN

First Trust NASDAQ Clean Edge Green Energy Index Fund ETF

This fund is part of
Alternative Energy
+0.52%
VS
ETF 2
TAN

Invesco Solar ETF

This fund is part of
Alternative Energy
+0.52%

First Trust NASDAQ Clean Edge Green Energy Index Fund ETF (QCLN) and Invesco Solar ETF (TAN) belong to the same industry segment: Alternative Energy. QCLN's top 3 sector exposures are Information Technology, Industrials and Consumer Discretionary. In contrast, TAN's top sector exposures are Information Technology, Utilities and Industrials. QCLN is less expensive with a Total Expense Ratio (TER) of 0.56%, versus 0.7% for TAN. QCLN is up 19.43% year-to-date (YTD) with -$19M in YTD flows. TAN performs worse with 11.95% YTD performance, and +$361M in YTD flows. Run a side-by-side ETF comparison of QCLN and TAN 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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QCLN vs TAN performance and flow charts

Performance

-50510%Mar 16Mar 23Mar 30Apr 7Apr 14

Cumulative Flows

-10 M0 M10 M20 M30 M40 M50 MMar 16Mar 23Mar 30Apr 7Apr 14

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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 04/16/2026
1M3MYTD1Y3Y5Y
Perf.
QCLN
TAN
+12.66%-4.21%
+7.33%+7.40%
+19.43%+11.95%
+105.70%+94.94%
+7.75%-29.58%
-16.94%-33.76%
Flows
QCLN
TAN
-$12M+$40M
-$19M+$257M
-$19M+$361M
-$64M+$325M
-$718M-$12M
-$1.17B-$343M
Volatility and drawdown
3M1Y3Y5Y
Volatility
QCLN
TAN
+40.54%+31.98%
+34.28%+34.65%
+34.99%+34.58%
+38.24%+35.79%
Max drawdown
QCLN
TAN
-15.86%-11.92%
-15.86%-12.92%
-56.02%-66.38%
-69.47%-73.61%
Max drawdown duration
QCLN
TAN
75d58d
75d72d
1003d1096d
1620d1628d
Trading data

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QCLN
TAN
Last sale
4/17/2026 at 1:30 PM
$53.73
$55.13
Previous close
04/17/2026
$53.23
$54.49
Consolidated volume
04/17/2026
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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QCLN
TAN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/17/2026 at 1:30 PM
Live
Closed
QCLN
TAN
Last price
$53.73
$55.13
1D performance
+0.94%
+1.17%
AuM$617.61 M$1.48 B
E/R0.56%0.7%
Characteristics
QCLN
TAN
Management strategyPassivePassive
ProviderFirst TrustInvesco
BenchmarkNASDAQ Clean Edge Green Energy IndexMAC Global Solar Energy Stock Index
N° of holdings4327
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateFebruary 8, 2007April 15, 2008
ESGYesYes
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Exposure

Countries

QCLN
USA
93.51%
Other
6.49%
TAN
USA
50.74%
Israel
16.56%
Cayman Islands
9.17%
Other
23.54%

Sectors

QCLN
Information Techn.
29.9%
Industrials
27.43%
Consumer Discreti.
14.65%
Materials
8.78%
Utilities
8.71%
Other
10.53%
TAN
Information Techn.
39.49%
Utilities
31.63%
Industrials
10.35%
Other
18.53%
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Diversification

QCLN

Total weight of top 15 holdings out of 15

75.52%
TAN

Total weight of top 15 holdings out of 15

75.72%

Top 15 holdings

Data as of February 28, 2026
QCLN
BLOOM ENERGY CORP
12.78%
ON SEMICONDUCTOR
8.74%
TESLA
7.82%
RIVIAN AUTOMOTIVE
6.72%
FIRST SOLAR
5.47%
US65290E1010
4.97%
ALBEMARLE
4.64%
ADVANCED ENERGY INDUSTRIES
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%
TAN
US65290E1010
10.22%
ENLIGHT RENEWABLE ENERGY
7.35%
ENPHASE ENERGY
7.33%
FIRST SOLAR
6.52%
SUNRUN
6.40%
GCL TECHNOLOGY
5.42%
SOLAREDGE TECH/D
4.67%
DORAL GROUP RENEWABLE ENERGY RESOURCES
4.23%
HNN ARMSTRNG S/D
4.02%
XINYI SOLAR HOLDINGS
3.74%
SOLARIA ENERGIA Y MEDIO AMBIENTE
3.69%
CLEARWAY ENERGY INC
3.34%
UNITED RENEWABLE ENERGY CO
3.07%
OY NOFAR ENERGY LTD
2.92%
GRENERGY RENOVABLES
2.79%
Frequently asked questions about QCLN and TAN

How have the QCLN and TAN ETFs performed in 2026?

As of April 16, 2026, QCLN is up 19.43% year-to-date (YTD), while TAN has returned 11.95%. That puts QCLN better performer ahead so far this year.

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

Year-to-date, the QCLN ETF saw -$19M in flows, compared to +$361M for TAN.

Which ETF is more volatile: QCLN or TAN?

Over the past year, QCLN had a volatility of 34.28%, while TAN experienced 34.65%.

Which ETF is bigger: QCLN or TAN?

As of April 16, 2026, QCLN holds $617.61 M in assets under management (AUM), while TAN manages $1.48 B.

What sectors do the QCLN and TAN ETFs invest in?

QCLN leans toward sectors like Information Technology, Industrials and Consumer Discretionary. Meanwhile, TAN focuses on Information Technology, Utilities and Industrials.

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

QCLN top holdings include BLOOM ENERGY CORP, ON SEMICONDUCTOR and TESLA. TAN holds in its top three: US65290E1010, ENLIGHT RENEWABLE ENERGY and ENPHASE ENERGY.

Which ETF is more diversified: QCLN or TAN?

QCLN holds 47 securities with 75.52% of its assets in the top 15. TAN has 29 securities and a top 15 weight of 75.72%.

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