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Compare BMO Clean Energy Index ETF (ZCLN) vs First Trust Nasdaq Clean Edge Green Energy ETF (QCLN) to find the best fit for your portfolio. ZCLN provides Industrials, Utilities, and Technology exposures, while QCLN is primarily weighted in Industrials, Technology, and Consumer Cyclicals. When evaluating costs, ZCLN features a management fee (MER) of 0.35%, compared to 0.15% for QCLN. Performance-wise, ZCLN has returned 14.78% year-to-date with +$12 M in net flows, whereas QCLN is at 19.69% with +$1 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
ZCLN
QCLN
| AuM | $79.51 M | $6.93 M |
| Management Fees | 0.35% | 0.15% |
| Exp. ratio | 0.39% | 0.73% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZCLN | -11.07% | -2.50% | +14.78% | +41.60% | +7.00% |
QCLN | -15.08% | +0.47% | +19.69% | +53.48% | -0.43% | |
| Flows | ZCLN | +$1 M | +$9 M | +$12 M | +$3 M | -$1 M |
QCLN | +$1 M | +$1 M | +$1 M | +$1 M | -$4 M |
ZCLN vs QCLN exposure
Countries
ZCLN
USA
46.31%
China
18.40%
Other
35.29%
QCLN
USA
92.08%
Other
7.92%
Sectors
ZCLN
Industrials
57.21%
Utilities
31.99%
Technology
9.34%
QCLN
Industrials
35.44%
Technology
33.75%
Consumer Cyclicals
9.45%
Non-Energy Materials
9.39%
Utilities
8.47%
As of July 16, 2026
Top 10 Holdings
ZCLN
Bloom Energy Corp.
12.47%
First Solar, Inc.
9.55%
Nextpower, Inc.
7.45%
Enphase Energy, Inc.
6.08%
China Yangtze Power Co., Ltd.
5.25%
Plug Power, Inc.
3.83%
SolarEdge Technologies, Inc.
2.93%
Vestas Wind Systems A/S
2.67%
Equatorial SA
2.28%
Suzlon Energy Ltd.
2.16%
QCLN
ON Semiconductor Corp.
10.66%
Bloom Energy Corp.
10.29%
Monolithic Power Systems, Inc.
7.91%
First Solar, Inc.
7.71%
Tesla, Inc.
6.05%
Nextpower, Inc.
4.04%
MP Materials Corp.
3.37%
Rivian Automotive, Inc.
3.24%
Brookfield Renewable Partners LP
3.09%
Vicor Corp.
2.97%
Diversification
ZCLN
Total weight of top 10 holdings out of 103 total
54.67%
QCLN
Total weight of top 10 holdings out of 51 total
59.33%
Characteristics
Compare
ZCLN
QCLN
| Provider | BMO | First Trust |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Global Clean Energy Transition Index - USD | Nasdaq Clean Edge Green Energy Net Total Return Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.51% | 0.04% |
| Meets ESG criteria | Yes | Yes |
| Inception Date | January 26, 2020 | October 30, 2014 |
Frequently asked questions about ZCLN and QCLN
Which ETF has performed better year to date: ZCLN or QCLN?
As of July 16, 2026, ZCLN has returned 14.78% year to date, while QCLN has returned 19.69%. QCLN is ahead on YTD performance.
Which ETF is larger by assets under management: ZCLN or QCLN?
As of July 16, 2026, ZCLN manages $79.51 M in assets, while QCLN manages $6.93 M. ZCLN is the larger fund by AUM.
How are ZCLN and QCLN managed?
ZCLN is passively managed by BMO. It tracks the S&P Global Clean Energy Transition Index - USD benchmark. QCLN is passively managed by First Trust. It tracks the Nasdaq Clean Edge Green Energy Net Total Return Index - USD benchmark.
What sectors do ZCLN and QCLN emphasize?
ZCLN is most exposed to Industrials, Utilities, and Technology. QCLN is most exposed to Industrials, Technology, and Consumer Cyclicals.
Which ETF is attracting more investor flows: ZCLN or QCLN?
Year to date, ZCLN has seen +$12.30 M in net flows, compared with +$1.19 M for QCLN. ZCLN has attracted more net investor money so far.
How do the fees of ZCLN and QCLN compare?
ZCLN has an expense ratio of 0.39%, while QCLN has an expense ratio of 0.73%.
What are the top holdings of ZCLN and QCLN?
ZCLN's largest holdings include Bloom Energy Corp., First Solar, Inc., and Nextpower, Inc.. QCLN's top holdings include ON Semiconductor Corp., Bloom Energy Corp., and Monolithic Power Systems, Inc..
Which ETF is more diversified: ZCLN or QCLN?
ZCLN holds 103 securities, while QCLN holds 51. On holdings count, ZCLN is the more diversified portfolio.
Recent articles about ZCLN and QCLN
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Posted on 5/29/2026 by Kyle Anthony inEnergy
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