Do HYDR and QCLN hold the same stocks?

By their latest filings, 10% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, HYDR or QCLN?

HYDR has 6% of its weight in S&P 500 names and QCLN has 34%, so HYDR differs more from the index.

Which is cheaper, HYDR or QCLN?

HYDR charges 0.50% a year and QCLN charges 0.59%, so HYDR is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

HYDR vs QCLN: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, HYDR returned −14.7% to QCLN's +1.6%; 10% of their weight is in the same names.

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Net assets: $89m on Oct 12, 2026 for Global X Hydrogen ETF, and $489m on Nov 3, 2026 for First Trust Nasdaq Clean Edge Green Energy Index Fund.

HYDR on its own →QCLN on its own →

At a glance

5.6%

HYDR in the S&P 500

33.5%

QCLN in the S&P 500

−14.7%

HYDR total return, 1 year

+1.6%

QCLN total return, 1 year

HYDR · 1 year to Nov 4, 2026 94% of its weight is outside the S&P 500

6% of HYDR's weight is in S&P 500 companies and 94% is outside the index. Holdings as of Aug 31, 2026.

QCLN · 1 year to Nov 4, 2026 67% of its weight is outside the S&P 500

34% of QCLN's weight is in S&P 500 companies and 67% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

HYDR costs 0.09 points a year less; their one-year returns differ by 16.3 points; QCLN is 5.9 times larger.

Points (pts) are percentage points.

HYDR vs QCLN: Holdings Overlap & Returns
Measure	HYDR	QCLN
Return
Measure	HYDR	QCLN
Total return, 1 year	−14.7%	+1.6%
Drawdown
Measure	HYDR	QCLN
Below its all-time high	74.1%, high on Nov 8, 2021	47.7%, high on Feb 9, 2021
Against its benchmark
Measure	HYDR	QCLN
What it tracks	Clean energy	Clean energy
Its benchmark, total return, 1 year		+14.8%
Against its benchmark, 1 year		behind by 13.2 pts
Cost and size
Measure	HYDR	QCLN
Expense ratio	0.50%	0.59%
Net assets, as of Oct 12, 2026	$89m	$525m
Holdings
Measure	HYDR	QCLN
Holdings in common	10%

Method

What they share

10%

By the books each fund has filed, HYDR and QCLN hold 10% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

10% in common

Positions both hold · largest shared weight first HYDR QCLN

BLOOM ENERGY CORPORATION 13.69% 8.90%

PLUG POWER INC. 10.36% 0.71%

FUELCELL ENERGY, INC. 5.54% 0.32%

BALLARD POWER SYSTEMS INC. 3.53% 0.17%

Only in one fund ↓

Only in HYDR

Doosan Fuel Cell Co., Ltd. 10.73%

CERES POWER HOLDINGS PLC 7.46%

SFC Energy AG 6.81%

ITM POWER PLC 4.51%

Nel ASA 4.36%

H-POWER PLC 3.37%

AIR PRODUCTS AND CHEMICALS, INC. 3.16%

TOYOTA MOTOR CORPORATION 3.07%

Only in QCLN

Tesla, Inc. 9.29%

Monolithic Power Systems, Inc. 8.99%

ON Semiconductor Corporation 8.41%

Rivian Automotive, Inc. (Class A) 6.42%

Nextpower Inc. (Class A) 5.02%

First Solar, Inc. 3.95%

Acuity Inc. 3.58%

Advanced Energy Industries, Inc. 3.45%

Check overlap with more funds →

Window by window

Window by window: HYDR vs QCLN: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	HYDR	QCLN	HYDR	QCLN
3 months	−18.7%	−11.9%	not measured	−11.6 pts vs IWV
6 months	−44.4%	−25.1%	not measured	−30.0 pts vs IWV
1 year	−14.7%	+1.6%	not measured	−13.2 pts vs IWV
3 years	+12.6%	+27.3%	not measured	−53.7 pts vs IWV
Since launchNot the same days: HYDR Jul 2021 · QCLN Feb 2007	−68.6%	+149.5%	not measured	not measured

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Side by side

HYDR Global X Hydrogen ETF · Holds 25 stocks in clean energy, 6% of its weight in S&P 500 companies QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund · Holds 57 stocks in clean energy, 34% of its weight in S&P 500 companies

Issuer Global X First Trust

Theme Clean energy Clean energy

In the S&P 500 5.6% 33.5%

Active share vs the S&P 500 99.7% 97.9%

In the Nasdaq-100 0.0% 18.3%

Holdings 25 57

Top ten, share of the fund 70.4% 61.3%

Expense ratio 0.50% 0.59%

Fee for the differing part 0.50% 0.60%

Total return, 1 year −14.7% +1.6%

vs its benchmark not measured −13.2 pts vs IWV

Below its high −74.1% −47.7%

Net assets, HYDR as of Oct 12, 2026 and QCLN as of Nov 3, 2026 $89m $489m

As of Nov 4, 2026. Source: ETFIQ.

10% of the two portfolios are the same securities at the same weight.

Alert

About each fund

HYDR

By weight, 6% of HYDR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 70% of the fund across 25 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned −14.7% with distributions reinvested. It sits 74.1% below its all-time high of Nov 8, 2021.

QCLN

Over the year to Nov 4, 2026 the fund returned +1.6% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was behind by 13.2 pts.

By weight, 34% of QCLN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 61% of the fund across 57 positions, as published by its issuer for Nov 3, 2026. It sits 47.7% below its all-time high of Feb 9, 2021.

Questions people ask

Do HYDR and QCLN hold the same stocks?: By their latest filings, 10% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, HYDR or QCLN?: HYDR has 6% of its weight in S&P 500 names and QCLN has 34%, so HYDR differs more from the index.
Which is cheaper, HYDR or QCLN?: HYDR charges 0.50% a year and QCLN charges 0.59%, so HYDR is cheaper. Fees come from each fund's prospectus.

Other comparisons

HYDR vs PBW HYDR vs ICLN HYDR vs CCSO HYDR vs KGRN QCLN vs RNRG QCLN vs TAN QCLN vs VCLN QCLN vs ACES

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →HYDR on its own →QCLN on its own →HYDR dividend history →HYDR holdings →QCLN dividend history →QCLN holdings →Method →Standards and sources →

Sources and dates

HYDR filings on SEC EDGAR ↗

HYDR prospectus with the expense ratio (SEC) ↗

Global X page for HYDR ↗

QCLN filings on SEC EDGAR ↗

QCLN prospectus with the expense ratio (SEC) ↗

First Trust page for QCLN ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, HYDR against QCLN, data as of Nov 4, 2026. https://etfiq.com/compare/themes/hydr-vs-qcln

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.