First Trust Nasdaq Clean Edge Green Energy Index Fund
Total Assets: $82.5 million
Average Volume: 35,000
QCLN tracks an index that happens to include Tesla Motors (TSLA) and Cree (CREE). The former — the market’s favorite electric-car company — has quintupled this year, while the latter has more than doubled on the promise of LED lighting technology. That has helped QCLN gain 88% on a price basis so far this year.
As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.