QCLN Fees and Costs — First Trust NASDAQ Clean Edge Green Energy Index Fund
Data updated: 2026-08-21
The net expense ratio is 0.59%: a 0.40% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $136K in broker commissions, 0.0291% of average net assets, and portfolio turnover was 23%.
QCLN Fees and Expenses
Annual operating expenses and sales charges of QCLN. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
QCLN Costs Over Time
On $10,000 invested in QCLN, assuming 5% a year before costs, total costs come to $390 over 5 years, cutting the return by 0.65% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $214 | $390 |
| Value after costs | $10,435 | $11,363 | $12,373 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
QCLN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0291%
- Total broker commissions: $136K
- Bought from dealers (principal trades, not a cost): $306.3M
- Portfolio turnover (prospectus): 23%
- Securities on loan, average value: $43.0M
- Net income from securities lending: $1.4M (0.307% of average net assets)
QCLN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $104K | 76.04% |
| BTIG, LLC | $17K | 12.74% |
| CANTOR FITZGERALD & CO. | $6K | 4.54% |
| BNP Paribas Securities Corp. | $4K | 3.15% |
| MIZUHO SECURITIES USA LLC | $3K | 1.95% |
| CITADEL SECURITIES LLC | $1K | 0.85% |
| BOFA SECURITIES, INC. | $803 | 0.59% |
| J.P. MORGAN SECURITIES LLC | $174 | 0.13% |
QCLN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $137.8M | 44.98% |
| VIRTU AMERICAS LLC | $74.5M | 24.31% |
| JANE STREET CAPITAL, LLC | $38.6M | 12.59% |
| ABN AMRO Clearing USA LLC | $29.8M | 9.74% |
| BNP PARIBAS SECURITIES CORP. | $17.3M | 5.66% |
| GOLDMAN SACHS & CO. LLC | $6.1M | 2.00% |
| RBC CAPITAL MARKETS, LLC | $2.2M | 0.72% |
| J.P. Morgan Securities LLC | $8K | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.