FRNW Fidelity Clean Energy ETF
What is FRNW?
FRNW tracks a market-cap-weighted index of global clean energy companies screened for environmental, social, and governance factors.
FRNW Factset Analytics Insight
FRNW provides exposure to the global clean energy industry utilizing an ESG overlay. The fund specifically includes developed and emerging markets firms of any size that generate at least 50% of their revenue from one or more of the following business activities: clean energy distribution, clean energy equipment manufacturing, and clean energy technology. Eligible companies are initially assigned with ‘thematic relevancy scores’ based on a proprietary natural language processing algorithm—which identifies clean energy firms using keywords from publicly available company documents. Firms are then further screened for various ESG factors. The highest scored companies are selected for inclusion and are weighted by market-cap. The index rebalances quarterly.
FRNW Summary Data
Peers
Fund Flows
FRNW Portfolio Data
FRNW Index Data
FRNW Portfolio Management
FRNW Tax Exposures
FRNW Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FRNW. FRNW is rated a N/A out of 5.
FRNW Tradability
FRNW Sector/Industry Breakdown
Benchmark
FRNW Top 10 Holdings
FRNW Performance Statistics
FRNW Countries
Benchmark
FRNW Regions
Benchmark
FRNW Economic Development
Benchmark
FRNW Benchmark Comparison Summary
Benchmark
FRNW Benchmark Comparison Market Cap Size
Benchmark
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
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Data provider:
Terms of Use
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.