Overview
Clean energy defined broadly — fuel cells, EVs, power semiconductors and solar in one Nasdaq index, where Bloom Energy and chipmakers sit beside Tesla and First Solar.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| BE | Bloom Energy | 9.5% |
| TSLA | Tesla | 9.2% |
| ON | ON Semiconductor | 8.9% |
| MPWR | Monolithic Power | 8.3% |
| RIVN | Rivian Automotive | 6.1% |
| NXT | Nextracker | 4.3% |
| FSLR | First Solar | 3.8% |
| ENLT | Enlight Renewable | 3.7% |
| AYI | Acuity Inc. | 3.6% |
| AEIS | Advanced Energy | 3.3% |
Fund Details
Investment Thesis
The clean-energy fund with a semiconductor spine: ON Semi, Monolithic Power and Advanced Energy give QCLN exposure to electrification's enabling chips, not just its panels and vehicles. Bloom's fuel cells became a data-centre power story, which is why the fund's -3% year masks a violent fourth-quarter turn (+32% in 2025). The 2020 mania (+184%) and the long bust that followed mean today's buyer pays a fraction of peak for businesses that kept growing through it.
Who It's For
Energy-transition investors who want the electrification theme's hardware breadth — chips and fuel cells included — after a four-year valuation reset.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $15.41 | -- |
| 2017 | $20.30 | +31.7% |
| 2018 | $17.62 | -13.2% |
| 2019 | $24.89 | +41.3% |
| 2020 | $70.23 | +182.2% |
| 2021 | $67.97 | -3.2% |
| 2022 | $47.19 | -30.6% |
| 2023 | $42.17 | -10.6% |
| 2024 | $33.93 | -19.5% |
| 2025 | $44.59 | +31.4% |
| Year | Yield |
|---|---|
| 2016 | 0.49% |
| 2017 | 0.49% |
| 2018 | 0.95% |
| 2019 | 0.98% |
| 2020 | 0.65% |
| 2021 | 0.01% |
| 2022 | 0.29% |
| 2023 | 0.69% |
| 2024 | 0.85% |
| 2025 | 0.29% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $0.2B | -- |
| 2017 | $0.2B | +0.0% |
| 2018 | $0.2B | +0.0% |
| 2019 | $0.3B | +50.0% |
| 2020 | $0.8B | +166.7% |
| 2021 | $0.7B | -12.5% |
| 2022 | $0.5B | -28.6% |
| 2023 | $0.5B | +0.0% |
| 2024 | $0.4B | -20.0% |
| 2025 | $0.5B | +25.0% |
Price history from exchange data. Dividend yields from reported distributions; some earlier years are derived from total-return vs price-return data or are ETFHub estimates. AUM history is an ETFHub estimate modelled from current assets and annual returns (fund flows not reflected) and may differ from official fund records. Data as of October 2026.
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