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FRNW vs PBW

Fidelity Clean Energy ETF vs Invesco WilderHill Clean Energy ETF

FRNW

Fidelity Clean Energy ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$141M

PBW

Invesco WilderHill Clean Energy ETF

Invesco

Annual cost

0.64%

Fund size

$447M

Key differences

  • FRNW costs 0.25% less per year.
  • PBW is significantly larger than FRNW — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FRNW has delivered higher annualized returns.
  • PBW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FRNWPBW
Annual cost (TER)0.39%0.64%
Fund size (AUM)$141M$447M
Since20212005
Dividend yield1.01%0.71%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+84.9%+150.5%
CAGR 3Y+9.2%+7.2%
CAGR 5YN/A-8.6%
Sharpe 3Y0.330.29
Volatility 1Y25.62%40.29%
Max drawdown-59.37%-89.06%

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

Similar to FRNW and PBW