GRID vs QCLN
Comparison between FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND (GRID, ETF) and FIRST TRUST NASDAQ CLEAN EDGE GREEN ENERGY INDEX FUND (QCLN, ETF).
5-Year PerformanceGRID has outperformed QCLN, delivering a return of +16.7% compared to +0.0%
GRID vs QCLN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
GRID vs QCLN - Holdings Comparison
GRID and QCLN have 10 common holdings. Overlap is 3.91%
GRID's top 25 holdings weight is 76.74%. QCLN's top 25 holdings weight is 87.91%.
| Rank | GRID | QCLN |
|---|---|---|
| #1 | ABB LTD (n/a) - 8.45% | BLOOM ENERGY CORP CLASS A (BE) - 11.23% |
| #2 | EATON CORP PLC (ETN) - 7.70% | ON SEMICONDUCTOR CORP (ON) - 11.04% |
| #3 | n/a (JCI) - 7.09% | MONOLITHIC POWER SYSTEMS INC (MPWR) - 8.41% |
| #4 | SCHNEIDER ELECTRIC SE (n/a) - 7.07% | FIRST SOLAR INC (FSLR) - 6.77% |
| #5 | NATIONAL GRID PLC (n/a) - 6.81% | TESLA INC (TSLA) - 6.22% |
| #6 | PRYSMIAN SPA (n/a) - 5.31% | NEXTPOWER INC CLASS A (NXT) - 3.61% |
| #7 | QUANTA SERVICES INC (PWR) - 4.75% | MP MATERIALS CORP ORDINARY SHARES CLASS A (MP) - 3.22% |
| #8 | E.ON SE (n/a) - 3.38% | BROOKFIELD RENEWABLE PARTNERS LP (BEP) - 3.06% |
| #9 | NVENT ELECTRIC PLC (NVT) - 2.48% | VICOR CORP (VICR) - 2.96% |
| #10 | HUBBELL INC (HUBB) - 2.36% | ADVANCED ENERGY INDUSTRIES INC (AEIS) - 2.92% |
| #11 | NVIDIA CORP (NVDA) - 2.25% | ALBEMARLE CORP (ALB) - 2.82% |
| #12 | TESLA INC (TSLA) - 1.96% | RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 2.71% |
| #13 | HD HYUNDAI ELECTRIC (n/a) - 1.81% | ALLEGRO MICROSYSTEMS INC ORDINARY SHARES (ALGM) - 2.54% |
| #14 | CISCO SYSTEMS INC (CSCO) - 1.75% | ACUITY INC (AYI) - 2.47% |
| #15 | TERNA SPA (n/a) - 1.72% | ENERSYS (ENS) - 2.42% |
| #16 | HYDRO ONE LTD (n/a) - 1.55% | ENPHASE ENERGY INC (ENPH) - 2.37% |
| #17 | LS ELECTRIC CO LTD (n/a) - 1.36% | ORMAT TECHNOLOGIES INC (ORA) - 2.29% |
| #18 | FUJIKURA LTD (n/a) - 1.32% | NAVITAS SEMICONDUCTOR CORP CLASS A (NVTS) - 1.98% |
| #19 | ORACLE CORP (ORCL) - 1.30% | PLUG POWER INC (PLUG) - 1.44% |
| #20 | APTIV PLC (APTV) - 1.15% | HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC (HASI) - 1.42% |
| #21 | EQUATORIAL SA (n/a) - 1.07% | CLEARWAY ENERGY INC CLASS C (CWEN) - 1.32% |
| #22 | BELIMO HOLDING AG (n/a) - 1.06% | POWER INTEGRATIONS INC (POWI) - 1.26% |
| #23 | TEXAS INSTRUMENTS INC (TXN) - 1.03% | UNIVERSAL DISPLAY CORP (OLED) - 1.19% |
| #24 | SPIE SA (n/a) - 1.01% | SOLAREDGE TECHNOLOGIES INC (SEDG) - 1.15% |
| #25 | NKT AS (n/a) - 1.00% | SOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR (SQM) - 1.09% |
| Total Holdings | 130 | 55 |
GRID vs QCLN - Historical Returns
Returns include dividend reinvestment.
GRID vs QCLN - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | GRID | QCLN |
|---|---|---|
| 2026 | +20.44% | +32.10% |
| 2025 | +29.86% | +29.93% |
| 2024 | +16.50% | -17.42% |
| 2023 | +21.63% | -7.38% |
| 2022 | -14.08% | -32.46% |
| 2021 | +28.22% | -3.95% |
| 2020 | +46.19% | +179.49% |
| 2019 | +42.24% | +42.49% |
| 2018 | -22.93% | -14.19% |
| 2017 | +28.47% | +30.62% |
| 2016 | +25.59% | -1.51% |
| 2015 | -4.90% | -6.53% |
| 2014 | +0.55% | -4.25% |
| 2013 | +23.35% | +83.37% |
| 2012 | +15.17% | -3.82% |
| 2011 | -21.53% | -42.28% |
| 2010 | -2.49% | +0.43% |
| 2009 | +6.58% | +34.59% |
| 2008 | N/A | -63.18% |
| 2007 | N/A | +65.50% |
GRID vs QCLN Drawdown Comparison
The maximum drawdown for GRID was -40.56%, occurring on Mar 18, 2020. Recovery took 116 trading sessions.
The maximum drawdown for QCLN was -76.18%, occurring on Nov 20, 2008. Recovery took 3054 trading sessions.
The current GRID drawdown is -6.13%. The current QCLN drawdown is -28.88%.
| Rank | GRID | QCLN |
|---|---|---|
| #1 | -40.56% Feb 20, 2020 - Aug 5, 2020 | -76.18% Dec 31, 2007 - Feb 19, 2020 |
| #2 | -35.42% Apr 4, 2011 - Sep 24, 2013 | -71.73% Feb 9, 2021 - Apr 8, 2025 |
| #3 | -29.65% Jan 26, 2018 - Nov 4, 2019 | -45.03% Feb 20, 2020 - Jul 6, 2020 |
| #4 | -29.64% Nov 19, 2021 - Jun 13, 2023 | -14.52% Jul 13, 2007 - Oct 2, 2007 |
| #5 | -26.65% Mar 6, 2014 - Aug 16, 2016 | -13.10% Sep 1, 2020 - Sep 30, 2020 |
| #6 | -20.76% Jul 18, 2023 - Feb 22, 2024 | -12.33% Nov 8, 2007 - Dec 7, 2007 |
| #7 | -20.62% Sep 26, 2024 - May 15, 2025 | -10.74% Feb 26, 2007 - Apr 10, 2007 |
| #8 | -18.68% Jan 8, 2010 - Jan 24, 2011 | -7.89% Jan 22, 2021 - Feb 8, 2021 |
| #9 | -11.72% Feb 25, 2026 - Apr 13, 2026 | -6.91% Oct 20, 2020 - Nov 5, 2020 |
| #10 | -10.62% Jul 16, 2024 - Sep 17, 2024 | -6.58% Nov 27, 2020 - Dec 15, 2020 |
| #11 | -8.34% Sep 2, 2020 - Oct 5, 2020 | -5.73% Jan 12, 2021 - Jan 21, 2021 |
| #12 | -7.91% Feb 18, 2011 - Mar 30, 2011 | -5.66% Apr 25, 2007 - Jun 4, 2007 |
| #13 | -7.80% Oct 29, 2025 - Jan 16, 2026 | -4.82% Dec 10, 2007 - Dec 21, 2007 |
| #14 | -7.40% May 11, 2026 - May 19, 2026 | -4.36% Jun 4, 2007 - Jun 15, 2007 |
| #15 | -7.40% Sep 2, 2021 - Oct 28, 2021 | -4.25% Dec 23, 2020 - Jan 5, 2021 |
Correlation
Correlation between GRID and QCLN is 0.74 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2009 - 2026)
GRID vs QCLN dividend yield comparison.
| Year | GRID | QCLN |
|---|---|---|
| 2026 | 0.05% | 0.01% |
| 2025 | 1.01% | 0.25% |
| 2024 | 1.06% | 0.87% |
| 2023 | 1.23% | 0.76% |
| 2022 | 1.26% | 0.33% |
| 2021 | 0.63% | 0.01% |
| 2020 | 0.68% | 0.30% |
| 2019 | 1.26% | 0.85% |
| 2018 | 1.28% | 1.03% |
| 2017 | 1.07% | 0.45% |
| 2016 | 1.07% | 1.24% |
| 2015 | 1.23% | 0.72% |
| 2014 | 1.46% | 0.79% |
| 2013 | 1.33% | 0.41% |
| 2012 | 0.89% | 1.26% |
| 2011 | 1.02% | 0.00% |
| 2010 | 0.68% | 0.00% |
| 2009 | 0.07% | 0.00% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks