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FMKT vs FRNW

The Free Markets ETF vs Fidelity Clean Energy ETF

FMKT

The Free Markets ETF

Annual cost

0.76%

Fund size

$15M

FRNW

Fidelity Clean Energy ETF

Annual cost

0.39%

Fund size

$166M

Key differences

Both FMKT and FRNW are equity ETFs. FMKT charges 0.76% a year and FRNW 0.39%. The main difference: FMKT follows a active selection strategy; FRNW uses index tracking.

  • FMKT follows a active selection strategy; FRNW uses index tracking.
  • FMKT covers North America; FRNW covers global markets.
  • FRNW costs 0.37% less per year.
  • FRNW is much larger than FMKT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FMKTFRNW
Annual cost (TER)0.76%0.39%
Fund size (AUM)$15M$166M
Since20252021
Dividend yield0.92%
Asset classequityequity
Regionnorth americaglobal
Strategyactive selectionindex tracking
CAGR 1Y+11.1%+63.6%
CAGR 3YN/A+7.2%
CAGR 5YN/AN/A
Sharpe 3YN/A0.26
Volatility 1Y19.76%26.92%
Max drawdown-17.79%-59.37%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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