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FRNW vs FELC

Fidelity Clean Energy ETF vs Fidelity Enhanced Large Cap Core ETF

FRNW

Fidelity Clean Energy ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$141M

FELC

Fidelity Enhanced Large Cap Core ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$7.0B

Key differences

  • FELC costs 0.21% less per year.
  • FELC is significantly larger than FRNW — larger funds tend to be more liquid and less likely to close.
  • FRNW follows a index tracking strategy; FELC uses active selection.
  • FELC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FRNWFELC
Annual cost (TER)0.39%0.18%
Fund size (AUM)$141M$7.0B
Since20212007
Dividend yield1.01%0.90%
Asset classequityequity
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+84.9%+29.4%
CAGR 3Y+9.2%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.33N/A
Volatility 1Y25.62%12.06%
Max drawdown-59.37%-18.59%

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

Similar to FRNW and FELC