Exchange-traded fund
First Trust NASDAQ® Clean Edge® Green Energy Index Fund
TickerQCLNsocially responsible
Fund manager
First Trust
Gender equality score
Gender equality score

40
/ 100 points
Overall score
Average Equileap Gender Equality Score of fund holdings, weighted by market value
Peer rank
Group ranking

F
7.3
percentile

Universe: Groups

Group: Sector Equity Funds

Ranking: 787 out of 848 funds


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 Categories
Gender balance in leadership and workforce
Gender balance in leadership and workforce
18/40
See the score criteria
Equal compensation and work life balance
Equal compensation and work life balance
4/30
See the score criteria
Policies promoting gender equality
Policies promoting gender equality
17/20
See the score criteria
Commitment, transparency, and accountability
Commitment, transparency, and accountability
0/10
See the score criteria
Top scoring holdings
Top scoring holdings
The top 10 holdings in this portfolio with the best scores on the Equileap Gender Scorecard. In the case of ties, the holding with more assets invested is listed higher.
  • 1. Sunrun Inc
    1.77% of assets
    $30.81M invested
  • 2. Atlantica Sustainable Infrastructure PLC
    1.1% of assets
    $19.13M invested
  • 3. Ballard Power Systems Inc
    0.59% of assets
    $10.21M invested
  • 4. Tesla Inc
    9.33% of assets
    $162.62M invested
  • 5. Acuity Brands Inc
    2.15% of assets
    $37.51M invested
  • 6. Brookfield Renewable Partners LP
    2.48% of assets
    $43.25M invested
  • 7. Universal Display Corp
    2.21% of assets
    $38.59M invested
  • 8. ON Semiconductor Corp
    9.09% of assets
    $158.44M invested
  • 9. Ormat Technologies Inc
    1.63% of assets
    $28.51M invested
  • 10. Albemarle Corp
    8.07% of assets
    $140.81M invested
Bottom scoring holdings
Bottom scoring holdings
The bottom 10 holdings in this portfolio with the worst scores on the Equileap Gender Scorecard. In the case of ties, the holding with more assets invested is listed higher.
  • 1. Vicor Corp
    0.52% of assets
    $9.13M invested
  • 2. Lucid Group Inc Shs
    3.97% of assets
    $69.29M invested
  • 3. Shoals Technologies Group Inc Ordinary Shares - Class A
    1.08% of assets
    $18.89M invested
  • 4. Allego NV
    0.37% of assets
    $6.46M invested
  • 5. Allegro Microsystems Inc Ordinary Shares
    2.88% of assets
    $50.26M invested
  • 6. Power Integrations Inc
    1.62% of assets
    $28.29M invested
  • 7. ChargePoint Holdings Inc Ordinary Shares - Class A
    1.32% of assets
    $23.02M invested
  • 8. Rivian Automotive Inc Class A
    5.32% of assets
    $92.72M invested
  • 9. Clearway Energy Inc Class C
    0.89% of assets
    $15.53M invested
  • 10. EnerSys
    1.28% of assets
    $22.27M invested
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Financial performance
Performance data provided byMorningstarFind more financial data on QCLN at Morningstar.com
Gender Equality and Returns
Returns chart for First Trust NASDAQ® Clean Edge® Green Energy Index Fund
Enlarge
The figure above charts annualized returns and Gender Equality Fund grades. The orange marker represents this fund. The purple marker (if present) represents an assigned benchmark. Blue dots represent funds in the same Morningstar category as this fund. Dark gray dots represent funds in the same grading group as this fund. Returns are for the most recent available for this fund of 1, 3, 5, or 10 year annualized returns. The higher a fund is marked on the Y axis, the better its returns for the specified time period. The higher a fund is marked on the X axis, the better its Gender Equality Funds group ranking. Read more on the How it Works page.
Benchmarking tool
Current fund
QCLN
First Trust NASDAQ® Clean Edge® Green Energy Index Fund
Family
First Trust
Category
Miscellaneous Sector
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 2/28/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
10% more  in annualized returns
Lower overall gender equality score 
12 / 100 points lower
Lower gender balance in leadership and workforce score 
7 / 40 points lower
Lower equal compensation and work life balance score 
4 / 30 points lower
Lower policies promoting gender equality score 
1 / 20 points lower
Lower commitment, transparency, and accountability score 
1 / 10 points lower
Current fund
QCLN
First Trust NASDAQ® Clean Edge® Green Energy Index Fund
Family
First Trust
Category
Miscellaneous Sector
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 2/28/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
10% more  in annualized returns
Lower overall gender equality score 
12 / 100 points lower
Lower gender balance in leadership and workforce score 
7 / 40 points lower
Lower equal compensation and work life balance score 
4 / 30 points lower
Lower policies promoting gender equality score 
1 / 20 points lower
Lower commitment, transparency, and accountability score 
1 / 10 points lower
Current fund
QCLN
First Trust NASDAQ® Clean Edge® Green Energy Index Fund
Family
First Trust
Category
Miscellaneous Sector
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 2/28/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
10% more  in annualized returns
Lower overall gender equality score 
12 / 100 points lower
Lower gender balance in leadership and workforce score 
7 / 40 points lower
Lower equal compensation and work life balance score 
4 / 30 points lower
Lower policies promoting gender equality score 
1 / 20 points lower
Lower commitment, transparency, and accountability score 
1 / 10 points lower
Month-end trailing returns  
Annualized returns
Gender-lens analysis
1-yr
3-yr
5-yr
10-yr
Overall gender equality score
This fund
QCLN - First Trust NASDAQ® Clean Edge® Green Energy Index Fund
-9.65%
27%
23%
18%
40  / 100 points
Benchmark
ACWI - iShares MSCI ACWI ETF
-8.15%
8.81%
5.88%
8.09%
52  / 100 points
Fund compared to benchmark
 
-1.5%
18%
17%
10%
12  / 100 points lower
Find more financial data on QCLN at Morningstar.com
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