First Trust NASDAQ® Clean Edge® Green Energy Index Fund

Shareclass
First Trust NASDAQ® Cln Edge® GrnEngyETF (QCLN)
Type
Exchange-traded fund
Sustainability mandate
Military weapon grade: Fund is invested in military contractors above the threshold of 4%. Assigned a grade of F.
How we track weapon investments
F
$29.64 MILLION
Military weapons
2
military weapon stocks found
4.85%
of assets flagged
Data as of 28 Nov 2024
Military contractors
Military contractors
Largest international arms manufacturers and military contractors
2
holdings
$29.64M
invested
4.85%
of portfolio
Nuclear weapons
Nuclear weapons
Manufacturers/servicers of nuclear armaments and delivery systems
1
holdings
$23.97M
invested
3.92%
of portfolio
Controversial weapons
Controversial weapons
Manufacturers involved with cluster munitions, landmines, white phosphorus, depleted uranium
0 direct stock holdings
Military weapon companies
2 holdings
2 holdings
  • 1.  Brookfield Renewable Partners LP
    Nuclear weapons
    $23.97M
    3.92%
  • 2.  Vicor Corp
    $5.67M
    0.93%
  For each weapons category, we show the fund's exposure. When calculating a portfolio's percent exposure to a list of companies, we only consider long investments, ignoring any shorts or liabilities.
Civilian firearm manufacturers and retailers

We also track investments in civilian firearm manufacturers and retailers raking in billions in handgun, assault rifle, and ammunition sales. Gun Free Funds is made for people looking to align their investments with their values by moving money out of companies that make and sell guns.

First Trust NASDAQ® Clean Edge® Green Energy Index Fund earns an F grade for investments in military weapons
Tweet 
Financial performance
Performance data provided byMorningstarFind more financial data on QCLN at Morningstar.com
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: 11/30/24
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:
Lower
 10-yr returns 
-1.49% less in annualized returns
More invested in military weapons 
1.87% more invested
More invested in major military contractors 
1.87% more invested
More invested in manufacturers/servicers of nuclear weapons 
1.67% more invested
Less invested in manufacturers of controversial weapons 
0.65% less invested
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: 11/30/24
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:
Lower
 10-yr returns 
-1.49% less in annualized returns
More invested in military weapons 
1.87% more invested
More invested in major military contractors 
1.87% more invested
More invested in manufacturers/servicers of nuclear weapons 
1.67% more invested
Less invested in manufacturers of controversial weapons 
0.65% less invested
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: 11/30/24
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:
Lower
 10-yr returns 
-1.49% less in annualized returns
More invested in military weapons 
1.87% more invested
More invested in major military contractors 
1.87% more invested
More invested in manufacturers/servicers of nuclear weapons 
1.67% more invested
Less invested in manufacturers of controversial weapons 
0.65% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Military weapon weight
This fund
QCLN - First Trust NASDAQ® Clean Edge® Green Energy Index Fund
-2%
-22.31%
9.72%
7.92%
4.85% 
Benchmark
ACWI - iShares MSCI ACWI ETF
26%
7.75%
11%
9.42%
2.97% 
Fund compared to benchmark
 
-28.29%
-30.07%
-1.7%
-1.49%
1.87%  higher
Find more financial data on QCLN at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Action toolkit
Ask your employer about weapon free options for your retirement plan
Find socially responsible funds that are weapon free
Visit Fossil Free Funds to see exposure to fossil fuels
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco

Disclaimer: As You Sow is not an investment adviser

As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations.
See our full disclaimer