QCLN vs. ICLN: Which Clean Energy ETF To Buy?

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QCLN and ICLN are two popular ETFs you might want to look at.  These energy ETFs invest mainly in oil, natural gas, and  energy companies.

Here’s the in-depth comparison of QCLN  vs. ICLN.

QCLN: First Trust NASDAQ Clean Edge Green Energy Index Fund

QCLN invests in green energy stocks that will generally replicate the yield and price of the Nasdaq Liquid Series Equity Index.

ICLN invests in companies that develop the technology and equipment used in the green  energy industry.

ICLN: IShares Global Clean Energy ETF

Key Differences

QCLN tracks only publicly traded companies in the US stock market, ICLN has a global scope as it tracks US and non-US stocks.

Fees

For First Trust’s QCLN, the management fee is 0.60% while ICLN has the management fee of 0.46%.

Now is the time to choose. Remember that good investment management should include how much money you are willing to risk.

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