Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

KGRN vs QCLN: which is really different?

KGRN and QCLN hold 0% of their weight in the same names, and QCLN returned more over the year.

KraneShares MSCI China Clean Technology Index ETF and First Trust Nasdaq Clean Edge Green Energy Index Fund.

0.0%KGRN in the S&P 500
30.9%QCLN in the S&P 500
−28.1%KGRN total return, 1 year
+16.1%QCLN total return, 1 year

ETFIQ Off-Index Score: KGRN scores higher

How much of it is not the index it is sold as an alternative to?

KGRN 91.8QCLN 480.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

KGRN100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 57% of the fund · 51 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 57% of the fund
QCLN69% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
31%69%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 60% of the fund · 58 holdings filed Sep 18, 2026 · Nasdaq-100: 16% in31%69%inoutside the S&P 500active share 98% · top ten 60% of the fund

0% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, KGRN and QCLN hold 0% of their money in the same securities at the same weight.

Only in each
Only in KGRNOnly in QCLN
CGN POWER CO LTD-H 10.44%Bloom Energy Corporation (Class A) 10.51%
CHINA YANGTZE POWER CO LTD-A 9.71%Tesla, Inc. 8.08%
BYD CO LTD-H 8.07%Monolithic Power Systems, Inc. 7.84%
CHINA NATIONAL NUCLEAR POW-A 4.96%ON Semiconductor Corporation 7.71%
EB ENVIRONMENT 4.66%Rivian Automotive, Inc. (Class A) 6.89%
CHINA LONGYUAN POWER GROUP-H 4.23%Nextpower Inc. (Class A) 4.00%
CONTEMPORARY AMPEREX TECHN-A 3.94%First Solar, Inc. 3.96%
SUNGROW POWER SUPPLY CO LT-A 3.84%Advanced Energy Industries, Inc. 3.61%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.

Performance, window by window

KGRN and QCLN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
KGRNQCLNKGRNQCLNKGRNQCLN
3 months−10.9%−25.6%−13.2 pts−27.8 pts−8.5 pts−23.1 pts
6 months−22.8%+4.5%−40.8 pts−13.6 pts−47.0 pts−19.8 pts
1 year−28.1%+16.1%−44.6 pts−0.5 pts−49.9 pts−5.7 pts
3 years−10.9%+7.8%−89.3 pts−70.6 pts−109.1 pts−90.4 pts
Since launch−1.8%+222.2%−245.0 pts−581.4 pts−417.3 pts−1468.0 pts
Open the live comparison on ETFIQ
KGRN and QCLN on the same fields, as of Sep 18, 2026. Source: ETFIQ.
KGRN
KraneShares MSCI China Clean Technology Index ETF
Holds 51 stocks in clean energy, 0% of its weight in S&P 500 companies
QCLN
First Trust Nasdaq Clean Edge Green Energy Index Fund
Holds 58 stocks in clean energy, 31% of its weight in S&P 500 companies
IssuerKraneSharesFirst Trust
ThemeClean energyClean energy
In the S&P 5000.0%30.9%
Active share vs the S&P 500100.0%97.9%
In the Nasdaq-1000.0%15.9%
Holdings5158
Top ten, share of the fund57.1%59.5%
Expense ratio0.79%0.59%
Fee for the differing part0.79%0.60%
Total return, 1 year−28.1%+16.1%
vs the S&P 500−44.6 pts−0.5 pts
vs the Nasdaq-100−49.9 pts−5.7 pts
Below its high−57.7%−44.6%
Net assets$47m$546m

KGRN in plain words

By weight, 0% of KGRN'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 57% of the fund across 51 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −28.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 44.6 pts. It sits 57.7% below its all-time high of Feb 16, 2021.

QCLN in plain words

By weight, 31% 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 60% of the fund across 58 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +16.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was about even. It sits 44.6% below its all-time high of Feb 9, 2021.

Questions people ask

Do KGRN and QCLN hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, KGRN or QCLN?
KGRN has 0% of its weight in S&P 500 names and QCLN has 31%, so KGRN differs more from the index.
Which is cheaper, KGRN or QCLN?
KGRN charges 0.79% a year and QCLN charges 0.59%, so QCLN is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

KGRN against QCLN, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, KGRN against QCLN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/kgrn-vs-qcln Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources