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First Trust NASDAQ Clean Edge Green Energy ETF
QCLN (First Trust NASDAQ Clean Edge Green Energy ETF) is an index Canadian Technology Equity ETF by First. With a 0.77% MER, it provides diversified exposure. Quarterly distribution with a 0.10% yield.
QCLN by First is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.77% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.