Two ETFs Based off of NASDAQ Indexes Ranked Among Top ETFs in 2013

Two ETFs Based off of NASDAQ Indexes Ranked Among Top ETFs in 2013 Updated: 5/13/2013

Index Universe named the First Trust NASDAQ Clean Edge Green Energy ETF (NASDAQ: QCLN) and the iShares NASDAQ Biotechnology Index Fund (NYSEArca: IBB) two of the best ETFs in 2013. According to the publication, QCLN  is challenging the db X-trackers MSCI Japan Hedged Equity ETF (NYSEArca: DBJP) for first position in a tally of top-performing ETFs year-to-date, with gains of 37.3 percent, and all of that linked to shares of Tesla, the luxury electric sports car maker. QCLN is based off of the NASDAQ Clean Edge Green Energy Index

IBB, the biggest and oldest biotech-focused ETF in the market, has $3.15 billion in assets gathered since its 2001 launch and has tagged on gains of 27.45 percent year-to-date, making it the ninth-best-performing ETF of 2013 so far, according to the article. It goes on to say "IBB is rising as successful treatment launches and what some see as a more 'accommodating' U.S. approvals process for new drugs fuel the biotech sector." IBB is based off of the NASDAQ Biotechnology Index

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