FRNW
Fidelity Clean Energy ETFFRNW 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.
FRNW Summary Data
FRNW Portfolio Data
FRNW Index Data
FRNW Portfolio Management
FRNW Tax Exposures
FRNW Fund Structure
FRNW 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 Top 10 Holdings[View All]
FRNW Performance Statistics
FRNW Benchmark Comparison Summary
FRNW
FRNW Benchmark Comparison Market Cap Size
FRNW
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