QCLN

How is QCLN doing right now?

In plain terms: QCLN is 28.5% 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 deep drawdown, 28.5% below its all-time high at $61.67. Asset price action of this severity has historically marked attractive entry zones — but only when fundamentals weren't permanently impaired. The historical median return below quantifies that pattern for QCLN specifically.

What history says at this drawdown

History at this drawdown level is well-populated for QCLN — 265 confirmed observations in the 30%-to-25% 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. Below 20% drawdowns the historical median forward return often becomes attractive — but with rising variance. The win-rate column in the segments table is more useful than the median at this depth.