Is QCLN a good investment?

First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) is a clean-energy ETF. As of September 11, 2026, ETF Copilot scores QCLN 4.7 out of 10 — highest on Growth (9.9), lowest on Risk (0.5). It trades at 32.9 times earnings, against its own median of 24.1. Its ten largest holdings are 62% of the fund.

Updated September 11, 2026

How is QCLN rated? ETF Copilot scores First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) 4.7 out of 10

As of September 11, 2026, ETF Copilot scores First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) 4.7 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.7 / 10
Growth: 9.9 / 10
Valuation: 4.9 / 10
Risk: 0.5 / 10
Quality: 1.5 / 10
Return: 4.1 / 10

QCLN is ranked #8 of 10 in ETF Copilot's Real Assets list.

What is QCLN's expense ratio? 0.59% a year

As of September 11, 2026, QCLN charges 0.59% a year, yields 0.86% and holds $577M in assets across 52 positions.

First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) — cost, income and size
Measure	QCLN
Expense ratio	0.59%
Dividend yield	0.86%
Assets under management	$577M
Holdings	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.

What stands out in QCLN's data

Tracks U.S. clean energy companies focused on green innovation.

Trailed the typical clean-energy fund over the past three years — a stretch that tested the theme's promise.

A 3% annualized return over three years sits below the category median of 4%. Top holdings concentration runs at 61.7%, and the 0.59% expense ratio is above average.

Provides a focused green innovation allocation for a portfolio already holding broader clean energy exposure.

Why did QCLN move this week? It rose 0.7% in the week to September 11, 2026 — Bloom Energy and Vicor drove it

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.

Is QCLN expensive right now? It trades at 32.9 times earnings, against its own median of 24.1

As of September 11, 2026, QCLN is more expensive than 81% of its own 114 monthly readings since 2017 — 92 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside QCLN? 28% Tech

What's inside QCLN: Size (Large 27%, Mid 52%, Small 21%); Geography (International 8%, US 92%); Tech 27.9%; Magnificent 7 9.1%; Semiconductors 21.0%; Memory 4.3%.

What are QCLN's top holdings? The ten largest are 62% of the fund

Bloom Energy, Tesla, Monolithic Power Systems, First Solar, ON Semiconductor, Rivian Automotive, Advanced Energy Industries, Albemarle, Acuity and Brookfield Renewable Partners are QCLN's largest holdings, in that order.

More concentrated than 88% of Clean Energy ETFs.

Half of QCLN's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 20 equally weighted holdings.

Cite this

ETF Copilot, “First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/qcln