ETF Copilot

ICLN vs QCLN: holdings overlap, shared companies and scores

As of October 28, 2026, ICLN and QCLN overlap 24.3% by weight. iShares Global Clean Energy ETF (ICLN): Global clean energy stocks. First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN): Owns a focused strategy.

Updated October 28, 2026

Where ICLN and QCLN trade against their own history

ICLN trades at 18.7 times earnings, against its own median of 17.7, and is more expensive than 57% of its own last 9 years.

QCLN trades at 34.7 times earnings, against its own median of 24.9, and is more expensive than 87% of its own last 9 years.

What moved ICLN and QCLN this week

ICLN fell 4.5% in the week to October 28, 2026. The holdings that moved it most were Axia Energia (−22.4%), Equatorial Energia (−34.0%) and Enphase Energy (−21.9%); Iberdrola (+1.4%) pushed the other way.

QCLN fell 0.7% in the week to October 28, 2026. The holdings that moved it most were Monolithic Power Systems (−5.6%), Bloom Energy (−4.4%) and Rivian Automotive (−6.3%); Tesla (+4.6%) pushed the other way.

What do ICLN and QCLN each hold?

What's inside ICLN: Tech 2%, Semiconductors 1%.

52% of ICLN is its ten largest holdings.

What's inside QCLN: Tech 28%, Semiconductors 24%.

61% of QCLN is its ten largest holdings.

How much do ICLN and QCLN overlap? 24.3% by weight

As of October 28, 2026, ICLN and QCLN overlap 24.3% by weight.

38% of ICLN is already inside QCLN.

29% of QCLN is already inside ICLN.

ICLN holds 122 companies and QCLN holds 57; 14 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score ICLN and QCLN? 2.2 and 3.5 out of 10

As of October 28, 2026, ETF Copilot scores ICLN 2.2 out of 10 and QCLN 3.5 out of 10.

They differ most on Growth: ICLN 1.3 and QCLN 8.4.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

ICLN vs QCLN — ETF Copilot factor scores, 0–10
FactorICLNQCLN
Growth1.38.4
Value5.11.9
Risk1.10.4
Quality3.01.6
Return1.13.2

ICLN is the cheaper of the two at 0.38% a year

As of October 28, 2026, ICLN charges 0.38% a year, yields 1.20% and holds $2.0B in assets across 122 positions.

As of October 28, 2026, QCLN charges 0.59% a year, yields 0.09% and holds $488M in assets across 57 positions.

ICLN vs QCLN — cost, income and size
MeasureICLNQCLN
Expense ratio0.38%0.59%
Dividend yield1.20%0.09%
Assets under management$2.0B$488M
Holdings12257

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Compare with similar funds

Cite this

ETF Copilot, “ICLN vs QCLN holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/icln-vs-qcln

  1. iShares Global Clean Energy ETF (ICLN)
  2. First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)

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