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First Trust NASDAQ® Clean Edge® Green Energy Index Fund (QCLN)
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
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 7/27/2021)
Closing NAV1$62.12
Closing Market Price2$62.12
Bid/Ask Midpoint$62.11
Bid/Ask Discount0.02%
30-Day Median Bid/Ask Spread30.06%
Total Net Assets$2,515,895,320
Outstanding Shares40,500,002
Daily Volume330,045
Average 30-Day Daily Volume331,104
Closing Market Price 52-Week High/Low$88.17 / $34.89
Closing NAV 52-Week High/Low$88.10 / $34.95
Number of Holdings (excluding cash)53
Top Holdings (as of 7/27/2021)*
Holding Percent
Tesla, Inc. 8.20%
NIO Inc. (ADR) 8.10%
Enphase Energy, Inc. 7.82%
Albemarle Corporation 7.36%
Plug Power Inc. 5.03%
XPeng Inc. (ADR) 4.29%
Brookfield Renewable Partners LP 3.71%
SolarEdge Technologies, Inc. 3.70%
ON Semiconductor Corporation 3.56%
Sunrun Inc. 3.53%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 7/28/2021)4$0.0069
30-Day SEC Yield (as of 6/30/2021)50.25%
Unsubsidized 30-Day SEC Yield (as of 6/30/2021)60.25%
12-Month Distribution Rate (as of 6/30/2021)70.14%
Index Yield (as of 6/30/2021)80.42%
Fund Characteristics (as of 6/30/2021)10
Maximum Market Cap.$654,776
Median Market Cap.$4,217
Minimum Market Cap.$154
Price/Cash Flow26.81
Bid/Ask Premium/Discount (as of 7/27/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 171 37 27 7
Days Traded at Discount 82 24 36 11
Top Industry Exposure (as of 7/27/2021)
Renewable Energy Equipment 25.40%
Automobiles 20.61%
Alternative Electricity 14.65%
Semiconductors 10.18%
Chemicals: Diversified 8.26%
Electrical Components 4.83%
Electronic Components 3.54%
Alternative Fuels 2.60%
Specialty Chemicals 2.13%
Hypothetical Growth of $10,000 Since Inception (as of 7/27/2021) *