First Trust NASDAQ® Clean Edge® Green Energy Index Fund (QCLN)
  • 2021 Estimated Capital Gain Distributions
    Certain First Trust Exchange-Traded Funds are expected to pay a short term and/or long-term capital gain distribution in December. For a list of exchange-traded funds expected to pay a capital gain distribution, please click here. Final determination of the source and tax status of all distributions paid in the current year are to be made after year-end and could differ from the expectations noted above.
Investment Objective/Strategy - The First Trust NASDAQ® Clean Edge® Green Energy Index Fund is an exchange-traded index fund. The objective of the Fund is to seek investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the NASDAQ® Clean Edge® Green Energy IndexSM.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The index is a modified market capitalization weighted index designed to track the performance of clean energy companies that are publicly traded in the United States and includes companies engaged in manufacturing, development, distribution and installation of emerging clean-energy technologies including, but not limited to, solar photovoltaics, wind power, advanced batteries, fuel cells, and electric vehicles.
  • The NASDAQ® Clean Edge® Green Energy IndexSM is a modified market cap weighted index in which larger companies receive a larger index weighting. The index weighting methodology includes caps to prevent high concentrations among larger alternative energy stocks.
  • The index is reconstituted twice a year in March and September and rebalanced quarterly.
Fund Overview
Fund TypeAlternative Energy
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
Fiscal Year-End12/31
Inception Price$20.00
Inception NAV$20.00
Rebalance FrequencyQuarterly
Gross Expense Ratio*0.60%
Net Expense Ratio*0.60%
* As of 5/3/2021
Expenses are capped contractually at 0.60% per year, at least until April 30, 2022.
Current Fund Data (as of 11/30/2021)
Closing NAV1$77.06
Closing Market Price2$77.11
Bid/Ask Midpoint$77.06
Bid/Ask Premium0.00%
30-Day Median Bid/Ask Spread30.06%
Total Net Assets$3,240,255,927
Outstanding Shares42,050,002
Daily Volume379,806
Average 30-Day Daily Volume450,108
Closing Market Price 52-Week High/Low$88.17 / $54.47
Closing NAV 52-Week High/Low$88.10 / $54.47
Number of Holdings (excluding cash)60
Top Holdings (as of 11/30/2021)*
Holding Percent
Tesla, Inc. 10.69%
Enphase Energy, Inc. 8.25%
Albemarle Corporation 7.64%
NIO Inc. (ADR) 6.84%
ON Semiconductor Corporation 6.48%
Plug Power Inc. 5.25%
XPeng Inc. (ADR) 4.44%
SolarEdge Technologies, Inc. 3.88%
Wolfspeed, Inc. 3.56%
First Solar, Inc. 2.76%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Fund Characteristics (as of 11/30/2021)4
Maximum Market Cap.$1,152,109
Median Market Cap.$4,222
Minimum Market Cap.$133
Price/Cash Flow29.89
Bid/Ask Premium/Discount (as of 11/30/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 171 37 27 28
Days Traded at Discount 82 24 36 36
Top Industry Exposure (as of 11/30/2021)
Renewable Energy Equipment 26.89%
Automobiles 22.00%
Semiconductors 13.93%
Alternative Electricity 10.71%
Chemicals: Diversified 8.63%
Alternative Fuels 3.79%
Specialty Chemicals 2.07%
Electrical Components 1.97%
General Mining 1.96%
Hypothetical Growth of $10,000 Since Inception (as of 11/30/2021) *