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%
#1,918 of 5,861 · low cost
Fund Size
$154M
#2,590 of 5,861 · mid-size
Return (1Y)Goal
+33.0%
Track Record
4 years
#2,454 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$13,517+35.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
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
99.7%
Cash
9.3%
By sector
Utilities
42.0%
Industrials
34.0%
Technology
23.1%
Basic Materials
0.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
27.8%High
Year-on-year price swings
Max drawdown
-59.4%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.12Below average
Sortino (3Y)
0.16Moderate 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
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Data updated on 2026-08-04