Skip to content
Beacon
Screener

FRNW vs FREL

Fidelity Clean Energy ETF vs Fidelity MSCI Real Estate Index ETF

FRNW

Fidelity Clean Energy ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$141M

FREL

Fidelity MSCI Real Estate Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$1.4B

Key differences

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

Side-by-side comparison

FRNWFREL
Annual cost (TER)0.39%0.08%
Fund size (AUM)$141M$1.4B
Since20212015
Dividend yield1.01%3.28%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+84.9%+14.9%
CAGR 3Y+9.2%+10.4%
CAGR 5YN/A+3.5%
Sharpe 3Y0.330.47
Volatility 1Y25.62%13.15%
Max drawdown-59.37%-42.61%

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

Similar to FRNW and FREL