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First Trust Nasdaq Cln Edg Green En Idx

First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) is an exchange-traded fund (ETF) that tracks the NASDAQ Clean Edge Green Energy Index. The index includes companies engaged in the clean energy sector, such as solar, wind, and other alternative energies. QCLN was launched in 2007 and is one of the largest and most liquid clean energy exchange-traded funds.

Here are some key financials and earnings data for QCLN as of March 2023:

1.Net Assets: The net assets of QCLN are approximately $2.5 billion.

2.Average Daily Volume: The average daily trading volume of QCLN is around 242,000 shares.

3.Expense Ratio: The expense ratio for QCLN is 0.58% per annum. This means that investors pay $5.80 in annual fees for every $1,000 invested.

4.Holdings: The fund holds a diversified portfolio of approximately 40 companies. Some of the major holdings Include Vestas Wind Systems, Siemens Gamesa Renewable Energy, and Enel Green.

5.Performance: QCLN has a one-year return of around 50%, significantly outperforming the broader market. It's essential to keep in mind that past performance is not a guarantee for future performance.

6.Dividend Yield: QCLN has a 12-month dividend yield of 1.7%, which means that investors have received $17 in dividends for every $1,000 invested over the past year.

7.Sector Allocation: QCLN invests in companies from various sectors within the clean energy sector, including renewable energy producers, equipment providers, and energy storage companies. The fund aims to provide a diversified mix of companies that stand to benefit from the increasing demand for clean energy and reduced carbon emissions.

8. Market Capitalization: QCLN's market capitalization is around $2.5 billion, putting it in the mid-to-large-cap category. A larger market capitalization can provide more liquidity and potentially lower volatility for investors.

It's worth noting that QCLN's performance is closely tied to trends and developments in the clean energy sector. The fund is subject to market movements and may be more volatile than broad market indexes. It is essential to do thorough research, assess your risk tolerance, and align your investments with your long-term goals and risk tolerance before making any investment decisions.