5 Best Energy ETFs: Top Oil, Gas and Renewable Energy Funds

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

5-Year Performance as of July 28: 164.20%

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) aims to achieve results that align with the Nasdaq Clean Edge Green Energy Index, which includes common stocks and depositary receipts of small, mid, and large-cap companies listed on U.S. securities exchanges. The ETF was created on February 8, 2007, holds a portfolio of 63 stocks, and comes with an expense ratio of 0.58%. First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) is one of the best energy ETFs to invest in. 

Albemarle Corporation (NYSE:ALB) is a prominent holding of First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN). Albemarle Corporation (NYSE:ALB) specializes in the development, manufacturing, and marketing of engineered specialty chemicals. It operates across three main segments – Lithium, Bromine, and Catalysts. On July 18, Albemarle Corporation (NYSE:ALB) declared a quarterly dividend of $0.40 per share, in line with previous. The dividend is payable on October 2, to shareholders of record on September 15. 

Carillon Tower Advisors had this to say about Albemarle Corporation (NYSE:ALB) in its investor letter from the last quarter of 2022:

“Albemarle Corporation (NYSE:ALB) is a global specialty chemicals company with leading positions in lithium, bromine, and refining catalysts. The stock gave back some of its recent gains amid investor concerns about how the future price of lithium could be affected by a potential decelerating rate of growth in overall electric vehicle (EV) production and demand, primarily in China. Despite these potential near-term headwinds, longer-term the global lithium market remains tight, and Albemarle plays a critical role in the battery value chain and remains well-positioned for the overall continued global adoption of EVs.”