ICLN vs QCLN: holdings overlap, shared companies and scores
As of September 11, 2026, ICLN and QCLN overlap 25.4% by weight. iShares Global Clean Energy ETF (ICLN): Global clean energy stocks. First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN): Clean energy sector stocks.
Updated September 11, 2026
How much do ICLN and QCLN overlap?
As of September 11, 2026, ICLN and QCLN overlap 25.4% by weight.
37% of ICLN is already inside QCLN.
27% of QCLN is already inside ICLN.
ICLN holds 120 companies and QCLN holds 52; 11 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?
As of September 11, 2026, ETF Copilot scores ICLN 3.9 out of 10 and QCLN 4.7 out of 10.
They differ most on Return: ICLN 2.0 and QCLN 4.1.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | ICLN | QCLN |
|---|---|---|
| Growth | 8.9 | 9.9 |
| Valuation | 3.2 | 4.9 |
| Risk | 1.0 | 0.5 |
| Quality | 3.1 | 1.5 |
| Return | 2.0 | 4.1 |
ICLN is the cheaper of the two at 0.38% a year
As of September 11, 2026, ICLN charges 0.38% a year, yields 1.68% and holds $2.1B in assets across 120 positions.
As of September 11, 2026, QCLN charges 0.59% a year, yields 0.86% and holds $577M in assets across 52 positions.
| Measure | ICLN | QCLN |
|---|---|---|
| Expense ratio | 0.38% | 0.59% |
| Dividend yield | 1.68% | 0.86% |
| Assets under management | $2.1B | $577M |
| Holdings | 120 | 52 |
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.
Where ICLN and QCLN trade against their own history
ICLN trades at 22.3 times earnings, against its own median of 16.2, and is more expensive than 86% of its own 114 monthly readings since 2017.
QCLN trades at 32.9 times earnings, against its own median of 24.1, and is more expensive than 81% of its own 114 monthly readings since 2017.
What moved ICLN and QCLN this week
ICLN rose 1.6% in the week to September 11, 2026. The holdings that moved it most were Bloom Energy (+17.1%), Doosan Fuel Cell (+26.5%) and CS Wind (+16.3%); Suzlon Energy (−5.2%) pushed the other way.
QCLN rose 0.7% in the week to September 11, 2026. The holdings that moved it most were Bloom Energy (+17.1%), Vicor (+10.7%) and ON Semiconductor (+3.4%); Albemarle (−11.1%) pushed the other way.
What do ICLN and QCLN each hold?
What's inside ICLN: Tech 9%, Semiconductors 2%.
51% of ICLN is its ten largest holdings.
What's inside QCLN: Tech 28%, Semiconductors 21%.
62% of QCLN is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “ICLN vs QCLN holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/icln-vs-qcln
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