QCLN

First Trust NASDAQ Clean Edge Green Energy Index Fund

$43.37

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) seeks to track the investment results of an index composed of U.S. companies that are engaged in the clean energy industry.

Overview

ETF tracking First Trust NASDAQ Clean Edge Green Energy Index Fund

Category Energy

Issuer First Trust

Inception Date 2007-02-08

Market Cap $511.8M

Average Volume N/A

Dividend Yield 0.25%

52-Week Range $24.46 - $47.32

VWAP $43.57

Performance

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Investment Summary

📎 Investment Objective

The First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) seeks to track the investment results of an index composed of U.S. companies that are engaged in the clean energy industry.

🎯 Investment Strategy

The fund seeks to replicate the performance of the NASDAQ Clean Edge Green Energy Index, which is designed to track the performance of companies that are primarily manufacturers, developers, distributors, or installers of clean-energy technologies. The fund invests in a portfolio of securities that seeks to provide investment results that correspond generally to the price and yield performance of the index.

✨ Key Features

Provides exposure to companies involved in the clean energy industry, including solar, wind, geothermal, and other renewable energy technologies.
Tracks the NASDAQ Clean Edge Green Energy Index, which is designed to measure the performance of clean energy-related stocks.
Diversified portfolio of companies across the clean energy value chain, including manufacturers, developers, and distributors.
Relatively low expense ratio of 0.00%.

⚠️ Primary Risks

Concentration risk: The fund is heavily concentrated in the clean energy industry, which can be volatile and subject to rapid changes in technology and government policies.
Equity market risk: As an equity fund, the value of the fund's shares can fluctuate due to changes in the stock market.
Sector risk: The fund's performance is heavily dependent on the clean energy sector, which may underperform the broader market.
Liquidity risk: The fund may have difficulty buying or selling certain securities, especially in volatile or uncertain market conditions.

👤 Best For

The First Trust NASDAQ Clean Energy Index Fund (QCLN) may be suitable for investors seeking exposure to the clean energy industry as part of a diversified portfolio. Investors should have a long-term investment horizon and be willing to accept the higher volatility and risk associated with this sector.