TAN ( Invesco Solar ETF ) and QCLN ( First Trust NASDAQ Clean Edge Green Energy ) are two of the most popular clean energy ETFs right now because many people want to participate in the green energy market in 2021. But which one is a better option for your money?
TAN ( Invesco Solar ETF ) seeks to track the investment results of the MAC Global Solar Energy Index. The Fund invests at least 90% of its total assets in the securities (including “ADRs” and “GDRs”) that comprise the Underlying Index. The depositary receipts included in the Underlying Index may be sponsored or unsponsored.
QCLN ( First Trust NASDAQ Clean Edge Green Energy ), on the other hand, seeks investment results that generally correspond to the price and yield of an equity index called the NASDAQ Clean Edge U.S. Liquid Series Index. The NASDAQ Clean Edge U.S. Index is an equity index designed to track the performance of clean energy companies that are publicly traded in the U.S.
In a glance:
| TAN | QCLN | |
| Security Type | ETF | ETF |
| Segment | U.S. Equity: Solar Energy | U.S. Equity: Clean Energy |
| Issuer | Invesco | First Trust |
| Net Assets | $3.32B | $2.80B |
| Expense Ratio | 0.69% | 0.60% |
| Management Style | passive (index-based) | passive (index-based) |
| Dividend Yield | 0.59% | 0.20% |
| YTD Return | -20.78% | -8.37% |
| 1-Year Return | 184.18% | 183.78% |
| 5-Year Return | 275.73% | 359.80% |
| Since Inception | 187.08% | 350.08% |
| Our Rating ( 1-10 ) | 8 | 10 |
Table of Contents
Funds Holdings
QCLN Top 10 Holdings
TAN Top 10 Holdings
The Required Minimum
You can invest in QCLN and TAN at the current price of 1 share. If 1 QCLN share right now costs $59 – then the minimum to invest is $59. Simple as that. That’s one of the biggest benefits of investing in an ETF.
Read more: All Stocks That Pay Dividends in 2021
Dividend Yield
If you’re a dividend investor, the better ETF right now is TAN – it pays a 0.64% dividend yield. On the other hand, QCLN pays only 0.21%. Generally speaking, green energy stocks pay low dividends to investors. In comparison, SPDR S&P 500 ETF Trust is paying around 1.32%.
How to Invest in TAN and QCLN
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