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FRNW vs FENI

Fidelity Clean Energy ETF vs Fidelity Enhanced International ETF

FRNW

Fidelity Clean Energy ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$141M

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

Key differences

  • FENI costs 0.11% less per year.
  • FENI is significantly larger than FRNW — larger funds tend to be more liquid and less likely to close.
  • FRNW follows a index tracking strategy; FENI uses active selection.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FRNWFENI
Annual cost (TER)0.39%0.28%
Fund size (AUM)$141M$9.1B
Since20212007
Dividend yield1.01%2.93%
Asset classequityequity
Regioneurope
Strategyindex trackingactive selection
CAGR 1Y+84.9%+28.3%
CAGR 3Y+9.2%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.33N/A
Volatility 1Y25.62%15.57%
Max drawdown-59.37%-14.20%

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

Similar to FRNW and FENI