ETFs To Watch On The Tesla Motors Inc (TSLA) Earnings Beat

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN)

This fund tracks the Nasdaq Clean Edge Green Energy Index and manages assets worth $123.4 million. It charges 60 bps in fees per year while trades in volume of more than 139,000 shares per day suggesting a relatively tight bid/ask. In total, the product holds 50 U.S. securities in its basket with Tesla Motors taking the top spot at 8.48%.

Technology firms dominate this ETF, accounting for over one-third of the assets while oil & gas, and industrials round off to the next two spots. QCLN was down over 7% in the past one month and has a Zacks ETF Rank of 3 or ‘Hold’ rating.

This article is brought to you courtesy of Sweta Killa from Zacks.

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