QCLN vs SPY
First Trust NASDAQ Clean Edge Green Energy Index Fund vs State Street SPDR S&P 500 ETF Trust
Which is better, QCLN or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 60.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QCLN | SPY |
|---|---|---|
| Expense Ratio | 0.59% | 0.09%Best |
| AUM | $552M | $804.7B |
| Dividend Yield | 0.17% | 0.98% |
| Holdings | 106 | 505 |
| YTD Return | +2.90% | +12.09%Best |
| 1Y Return | +16.09% | +16.29%Best |
| 3Y Return (annualized) | +2.53% | +21.20%Best |
| 5Y Return (annualized) | -4.95% | +13.37%Best |
| Volatility (annualized) | 33.4% | 15.5%Best |
| Max Drawdown | -76.2% | -56.5%Best |
| $10,000 over 5 years | $7,758 | $18,728Best |
| Top 10 Weight | 60.8% | 37.8%Best |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Feb 8, 2007 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Feb 14, 2007 to Sep 18, 2026 (19.6 years).
QCLN vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 19.6 years both funds cover.
QCLN vs SPY Performance
First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) is an ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year QCLN returned +16.09% while SPY returned +16.29%. Year to date, QCLN is up 2.90% versus a gain of 12.09% for SPY.
Over three years, QCLN compounded at +2.53% per year against +21.20% for SPY; over five years the annualized figures are -4.95% and +13.37% respectively. Across the full 20-year window we track, SPY has the edge at +9.22% annualized vs +4.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QCLN has been the more volatile fund, with annualized monthly volatility of 33.4% compared with 15.5% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -76.2% for QCLN and -56.5% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QCLN charges 0.59% per year while SPY charges 0.09%. On a $10,000 position that is $59 vs $9 annually, a gap of $50 per year that compounds over a long holding period. On income, QCLN currently yields 0.17% against 0.98% for SPY.
Holdings Overlap
35.8% of QCLN's money is in holdings SPY also owns. 1.7% of SPY's money is in holdings QCLN also owns.
The two portfolios partly overlap.
5 positions in common, counted across the 52 positions we hold weights for in QCLN and 504 in SPY, against full books of 106 and 505.
What only one of them owns
Our book lists 492 positions for SPY that do not appear in our book for QCLN (97.6% of the fund), and 43 for QCLN that do not appear in SPY (58.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
35.8% of QCLN is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QCLN or SPY?
QCLN has an expense ratio of 0.59% while SPY charges 0.09%. SPY is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, QCLN or SPY?
Over the past year QCLN returned +16.09% vs +16.29% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (20 years), QCLN annualized +4.68% vs +9.22% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QCLN or SPY?
QCLN has been the more volatile fund at 33.4% annualized versus 15.5% for SPY. Worst drawdown: QCLN -76.2% vs SPY -56.5%.
Should I hold both QCLN and SPY?
QCLN and SPY have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QCLN and SPY?
35.8% of QCLN's money is in holdings SPY also owns. 1.7% of SPY's is in holdings QCLN also owns. They hold 5 positions in common, counted across the 52 positions we hold weights for in QCLN and 504 in SPY.
Which pays a higher dividend, QCLN or SPY?
QCLN yields 0.17% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than QCLN?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 60.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.