FRNW Fidelity Clean Energy ETF

*Unless otherwise stated, data provided by FactSet.

FRNW Fund Description

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.

PERFORMANCE [as of 09/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FRNW -14.99% -0.43% -14.74% -- -- -- --
FRNW (NAV) -15.54% 0.70% -14.93% -- -- -- --
Fidelity Clean Energy Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FRNW Summary Data

Fidelity
10/05/21
Open-Ended Fund
0.39%
$36.64M
$468.10K
0.34%

FRNW Portfolio Data

$10.90B
565.57
3.02
--
N/A
52

FRNW Index Data

Fidelity Clean Energy Index
Market Cap
Principles-based
N/A

FRNW Portfolio Management

0.39%
--
--
--

FRNW Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FRNW Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Medium
Daily

FRNW Factset Analytics Block Liquidity

As of 10/03/22
5
4
3
2
1

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

19,132
$468.10K
15,218
$374.73K
0.34%
$0.08
0.19%
2.55% / -1.76%
None
57.66%
--
--
--
--
36
$21.01
N/A

FRNW Sector/Industry Breakdown


FRNW
Segment Benchmark
55.12%
--
24.70%
--
16.38%
--
3.64%
--
1.27%
--
-1.12%
--

FRNW Top 10 Holdings[View All]

3.61%
3.58%
2.83%
2.77%
Sunrun Inc. 2.64%
2.57%
2.53%
32.73%

FRNW Countries


FRNW
Segment Benchmark
40.79%
--
9.82%
--
7.26%
--
6.96%
--
5.14%
--
4.25%
--
4.25%
--
2.99%
--
2.82%
--
2.33%
--

FRNW Regions


FRNW
Segment Benchmark
50.61%
--
31.17%
--
18.05%
--

FRNW Economic Development


FRNW
Segment Benchmark
98.11%
--
1.72%
--

FRNW Performance Statistics

--
--
--
--
--
N/A

FRNW Benchmark Comparison Holdings

52
--
--
--

FRNW Benchmark Comparison Summary


FRNW
Segment Benchmark
52
--
$10.90B
--
565.57
--
3.02
--
0.95%
--
Medium
--

FRNW Benchmark Comparison Market Cap Size


FRNW
Segment Benchmark
31.54%
--
45.00%
--
23.14%
--
0.00%
--

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