QCLN

How is QCLN doing right now?

In plain terms: QCLN is 38.8% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

As of the latest market close, First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) is trading in a severe drawdown, 38.8% below its all-time high at $52.82. Severe drawdowns separate structurally sound assets from the ones that don't recover. The historical data below shows what QCLN did after similar episodes.

What history says at this drawdown

History at this drawdown level is well-populated for QCLN — 578 confirmed observations in the 40%-to-35% band. The Dipsern engine uses these to compute a rolling median rather than a mean, because medians are robust to the kind of fat tails you find in etfs return distributions. The win rate (% of episodes that closed positive after 90 days) is shown in the segments table below.

What this means for QCLN

ETFs aggregate constituent behavior, so their drawdowns tend to be shallower but more persistent than single stocks. The median forward return at a given drawdown level for an ETF is usually a more stable signal than for an individual equity. At this depth, focus on prediction error and sample size before median return. A high historical median return at -40% means nothing if the prediction error was also 30%.