FRNWFidelity Clean Energy ETF
Seeks investment returns that correspond to the performance of the Fidelity Clean Energy Index.
By Fidelity Investments · Launched 2021
Annual Cost
0.39%
#1,988 of 6,040 · low cost
Fund Size
$97M
#3,127 of 6,040 · mid-size
Return (1Y)
+19.5%
Track Record
4 years
#2,468 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,718+17.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 46.8% of fundmoderately concentrated
Fidelity Revere Street Trust
13.9%
VESTAS WIND SYSTEMS AS
5.1%
GE VERNOVA INC
4.4%
NEXTPOWER INC
4.2%
FIRST SOLAR INC
4.1%
EDP S.A.
3.7%
ORSTED A/S
3.3%
NORDEX SE
2.7%
ORMAT TECHNOLOGIES INC
2.7%
VERBUND AG
2.6%
Asset allocation
Stocks
99.8%
Cash
9.9%
By sector
Utilities
44.6%
Industrials
33.4%
Technology
21.0%
Basic Materials
1.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
27.4%High
Year-on-year price swings
Max drawdown
-59.4%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.35Below average
Sortino (3Y)
0.50Moderate downside risk
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks investment returns that correspond to the performance of the Fidelity Clean Energy Index.
- Strategy
- Invests primarily in securities included in the Fidelity Clean Energy Index, which reflects a global universe of companies across the market capitalization spectrum involved in clean energy production and technology. Targets companies with significant revenues from renewable energy sources like solar and wind.
- Inception date
- October 5, 2021
- Fund family
- Fidelity Investments
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save FRNW to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18