QCLNvsTANETF Comparison

ETF 1

QCLN

First Trust NASDAQ Clean Edge Green Energy Index Fund ETF

This fund is part of

Alternative Energy

-2.52%

Full QCLN fund page

ETF 2

TAN

Invesco Solar ETF

This fund is part of

Alternative Energy

-2.52%

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 10.45% year-to-date (YTD) with +$27M in YTD flows. TAN performs worse with 4.55% YTD performance, and +$489M 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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Data Services

Historic performance and flows

Data as of 07/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QCLN TAN	-18.67%-11.99%	-13.60%-11.63%	+10.45%+4.55%	+34.61%+31.14%	-7.38%-26.95%	-21.54%-37.18%
Flows	QCLN TAN	-$81M-$44M	+$756K+$109M	+$27M+$489M	+$23M+$624M	-$633M+$214M	-$1.09B-$362M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QCLN TAN	+53.01%+41.87%	+40.12%+35.11%	+37.28%+35.95%	+39.26%+36.16%
Max drawdown	QCLN TAN	-28.04%-30.39%	-28.04%-30.39%	-54.60%-62.85%	-69.47%-73.61%
Max drawdown duration	QCLN TAN	52d54d	52d54d	991d1037d	1719d1726d

Trading data

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	QCLN	TAN
Last sale 7/27/2026 at 1:30 PM	$49.71	$51.56
Previous close 07/24/2026	$49.26	$51.28
Consolidated volume 07/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 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 7/27/2026 at 1:30 PM

Live

Closed

	QCLN	TAN
Last price	$49.71	$51.56
1D performance	+0.91%	+0.55%
AuM	$603.20 M	$1.48 B
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

91.85%

Other

8.15%

TAN

USA

47.18%

Israel

21.86%

Other

30.96%

Sectors

QCLN

Industrials

32.39%

Technology

32.32%

Consumer Cyclical.

13.81%

Non-Energy Materi.

9.45%

Utilities

8.23%

Other

3.8%

TAN

Industrials

44.59%

Utilities

34.02%

Technology

11.87%

Other

9.53%

Diversification

QCLN

Total weight of top 15 holdings out of 15

73.9%

TAN

Total weight of top 15 holdings out of 15

73.59%

Top 15 holdings

Data as of June 30, 2026

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%

TAN

First Solar, Inc.

9.79%

Nextpower, Inc.

9.61%

Enphase Energy, Inc.

7.16%

Enlight Renewable Energy Ltd.

6.62%

Sunrun, Inc.

5.00%

SolarEdge Technologies, Inc.

4.71%

Doral Group Renewable Energy Resources Ltd.

4.44%

HA Sustainable Infrastructure Capital, Inc.

3.87%

Clearway Energy, Inc.

3.56%

OY Nofar Energy Ltd.

3.55%

Solaria Energía y Medio Ambiente SA

3.46%

GCL Technology Holdings Ltd.

3.30%

T1 Energy, Inc.

3.23%

Shoals Technologies Group, Inc.

2.76%

Energix-Renewable Energies Ltd.

2.53%

Frequently asked questions about QCLN and TAN

How have the QCLN and TAN ETFs performed in 2026?

As of July 24, 2026, QCLN is up 10.45% year-to-date (YTD), while TAN has returned 4.55%. 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 +$27M in flows, compared to +$489M for TAN.

Which ETF is more volatile: QCLN or TAN?

Over the past year, QCLN had a volatility of 40.12%, while TAN experienced 35.11%.

Which ETF is bigger: QCLN or TAN?

As of July 24, 2026, QCLN holds $603.20 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 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 Bloom Energy Corp., Tesla, Inc. and Monolithic Power Systems, Inc.. TAN holds in its top three: First Solar, Inc., Nextpower, Inc. and Enphase Energy, Inc..

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 July 24, 2026, QCLN is up 10.45% year-to-date (YTD), while TAN has returned 4.55%. 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 +$27M in flows, compared to +$489M for TAN.

Which ETF is more volatile: QCLN or TAN?

Over the past year, QCLN had a volatility of 40.12%, while TAN experienced 35.11%.

Which ETF is bigger: QCLN or TAN?

As of July 24, 2026, QCLN holds $603.20 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 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 Bloom Energy Corp., Tesla, Inc. and Monolithic Power Systems, Inc.. TAN holds in its top three: First Solar, Inc., Nextpower, Inc. and Enphase Energy, Inc..

Which ETF is more diversified: QCLN or TAN?

QCLN holds 51 securities with 73.9% of its assets in the top 15. TAN has 35 securities and a top 15 weight of 73.59%.

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