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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

+2.97%

Full QCLN fund page

VS

ETF 2

TAN

Invesco Solar ETF

This fund is part of

Alternative Energy

+2.97%

Full TAN fund page

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 Industrials, Technology and Consumer Cyclicals. In contrast, TAN's top sector exposures are Industrials, Utilities and Technology. QCLN is less expensive with a Total Expense Ratio (TER) of 0.56%, versus 0.7% for TAN. QCLN is up 1.37% year-to-date (YTD) with -$43M in YTD flows. TAN performs worse with -14.74% YTD performance, and +$135M 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

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 10/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QCLN TAN	-5.37%-2.63%	-9.14%-18.64%	+1.37%-14.74%	-2.06%-14.10%	+32.43%+2.00%	-36.39%-55.15%
Flows	QCLN TAN	-$28M+$46M	-$70M-$354M	-$43M+$135M	-$42M+$191M	-$613M-$92M	-$1.10B-$776M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QCLN TAN	+36.87%+32.37%	+41.46%+34.63%	+37.60%+35.92%	+39.49%+36.15%
Max drawdown	QCLN TAN	-20.26%-23.61%	-37.77%-44.70%	-42.86%-51.26%	-69.47%-73.61%
Max drawdown duration	QCLN TAN	72d84d	147d149d	644d756d	1814d1821d

Trading data

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	QCLN	TAN
Last sale 10/28/2026 at 1:30 PM	$45.07	$40.98
Previous close 10/27/2026	$45.18	$42.02
Consolidated volume 10/27/2026
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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	QCLN	TAN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/28/2026 at 1:30 PM

Live

Closed

	QCLN	TAN
Last price	$45.07	$40.98
1D performance	-0.24%	-2.48%
AuM	$488.06 M	$905.54 M
E/R	0.56%	0.7%

Characteristics

	QCLN	TAN
Management strategy	Passive	Passive
Provider	First Trust	Invesco
Benchmark	NASDAQ Clean Edge Green Energy Index	MAC Global Solar Energy Stock Index
N° of holdings	51	35
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 8, 2007	April 15, 2008
ESG	Yes	Yes

More QCLN data on Trackinsight

More TAN data on Trackinsight

Exposure

Countries

QCLN

USA

91.71%

Other

8.29%

TAN

USA

44.16%

Israel

20.64%

China

8.02%

Other

27.18%

Sectors

QCLN

Industrials

31.02%

Technology

29.04%

Consumer Cyclical.

15.22%

Non-Energy Materi.

11.63%

Utilities

9.21%

Other

3.88%

TAN

Industrials

45.18%

Utilities

33.33%

Technology

10.23%

Other

11.25%

Diversification

QCLN

Total weight of top 15 holdings out of 15

74.62%

TAN

Total weight of top 15 holdings out of 15

71.93%

Top 15 holdings

Data as of August 31, 2026

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%

EnerSys

2.47%

Allegro MicroSystems, Inc.

2.47%

Ormat Technologies, Inc.

2.46%

TAN

First Solar, Inc.

9.83%

Nextpower, Inc.

9.19%

Enlight Renewable Energy Ltd.

7.18%

Enphase Energy, Inc.

6.75%

Doral Group Renewable Energy Resources Ltd.

4.53%

HA Sustainable Infrastructure Capital, Inc.

4.50%

GCL Technology Holdings Ltd.

4.13%

Sunrun, Inc.

3.83%

Clearway Energy, Inc.

3.57%

SolarEdge Technologies, Inc.

3.48%

Solaria Energía y Medio Ambiente SA

3.34%

OY Nofar Energy Ltd.

3.20%

Xinyi Solar Holdings Ltd.

2.98%

SMA Solar Technology AG

2.82%

Shoals Technologies Group, Inc.

2.60%

Frequently asked questions about QCLN and TAN

How have the QCLN and TAN ETFs performed in 2026?

As of October 27, 2026, QCLN is up 1.37% year-to-date (YTD), while TAN has lost -14.74%. 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 -$43M in flows, compared to +$135M for TAN.

Which ETF is more volatile: QCLN or TAN?

Over the past year, QCLN had a volatility of 41.46%, while TAN experienced 34.63%.

Which ETF is bigger: QCLN or TAN?

As of October 27, 2026, QCLN holds $488.06 M in assets under management (AUM), while TAN manages $905.54 M.

What sectors do the QCLN and TAN ETFs invest in?

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

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

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

QCLNvsTANETF Comparison

First Trust NASDAQ Clean Edge Green Energy Index Fund ETF

Invesco Solar ETF

QCLN vs TAN 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 QCLN and TAN ETFs performed in 2026?

As of October 27, 2026, QCLN is up 1.37% year-to-date (YTD), while TAN has lost -14.74%. 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 -$43M in flows, compared to +$135M for TAN.

Which ETF is more volatile: QCLN or TAN?

Over the past year, QCLN had a volatility of 41.46%, while TAN experienced 34.63%.

Which ETF is bigger: QCLN or TAN?

As of October 27, 2026, QCLN holds $488.06 M in assets under management (AUM), while TAN manages $905.54 M.

What sectors do the QCLN and TAN ETFs invest in?

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

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

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

Which ETF is more diversified: QCLN or TAN?

QCLN holds 51 securities with 74.62% of its assets in the top 15. TAN has 35 securities and a top 15 weight of 71.93%.

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