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FNCL vs FRNW

Fidelity MSCI Financials Index ETF vs Fidelity Clean Energy ETF

FNCL

Fidelity MSCI Financials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$2.2B

FRNW

Fidelity Clean Energy ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$141M

Key differences

  • FNCL costs 0.31% less per year.
  • FNCL is significantly larger than FRNW — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FNCL has delivered higher annualized returns.
  • FNCL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FNCLFRNW
Annual cost (TER)0.08%0.39%
Fund size (AUM)$2.2B$141M
Since20132021
Dividend yield1.65%1.01%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.6%+84.9%
CAGR 3Y+20.2%+9.2%
CAGR 5Y+8.5%N/A
Sharpe 3Y0.970.33
Volatility 1Y14.80%25.62%
Max drawdown-44.38%-59.37%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FNCL and FRNW