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›ETF Issuers›Fidelity›FRNW
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FRNW ETF · Fidelity Clean Energy ETF

The FRNW Exchange Traded Fund (ETF) is provided by Fidelity. It is built to track an index: Fidelity Clean Energy Index. The FRNW ETF provides physical exposure, so by buying it you actually own parts of all the 50 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Today at 5:48 PM UTC
LIVE
CLOSED
This fund is part ofAlternative Energy1M perf.-1.31%
Last price
$27.57
+0.82%
1M perf.
+7.45%
1M flows
+€9M
AuM
€140M
TER
0.39%
Rating
ESG Consensus®
esg grade icon
FRNW
$27.57
+0.82%

Performance & flows

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March 2, 2026 → June 1, 2026
0-15-10-50510152025%APRMAYJUNAPRMAYJUN
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FRNW
$27.21
+18.57%
Alternative Energy
+0.17%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+7.45%
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+18.57%
icon
+90.27%
icon
+35.11%
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N/A
-1.60%
+19.50%
+34.22%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
316092253
ISIN
US3160922536
AuM
€140M
icon
TER
0.39%
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Replication rating
icon
ESG Consensus®
esg grade icon
icon
More details
NAV
6/1/2026
$27.21
1D NAV change
-1.60%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
50
Inception date
10/5/2021
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Clean Energy Index. Normally investing at least 80% of assets in securities included in the Fidelity Clean Energy Index and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sources.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
+18.57%
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+90.27%
icon
+35.11%
icon
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
USA
37.11%
Denmark
9.58%
Spain
7.67%
Canada
7.25%
China
7.08%
Germany
5.98%
Portugal
3.53%
Israel
3.22%
Republic of Korea
3.02%
Other
15.56%
Sectors
Utilities
43.33%
Industrials
27.35%
Information Technology
16.05%
Unavailable
13.28%
Diversification
Total weight of top 15 holdings out of 50
Top 15 holdings
Data as of April 30, 2026
US36828A1016
VESTAS WIND SYSTEMS
BLOOM ENERGY CORP
US65290E1010
FIRST SOLAR
ENERGIAS DE PORTUGAL
ORSTED
ENLIGHT RENEWABLE ENERGY
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NORDEX
ACCIONA SA
ORMAT TECHNOLOGIES
VERBUND
CA11285B1085
CLEARWAY ENERGY INC
NORTHLAND POWER
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
Yes
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about FRNW ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


FRNW’s has a Final Sustainability Grade of either B+, B, or B-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
92.60% of holdings have positive scoring
7.41% of holdings have negative scoring
27.68%
54.69%
10.23%
6.57%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of May 29, 2026
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FRNW
N/A
Replication quality
Calculated over 12m, as of May 29, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

Fidelity
Fidelity ID Card
Number of funds
207
Total AuM
€199.86B
Expense ratio range
0.05% - 1.5%
Average expense ratio
0.4351%
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Frequently asked questions about FRNW

What does Fidelity Clean Energy ETF, FRNW, invest in?

FRNW is a Passive ETF. This ETF provides exposure to Developed markets Equities.

Which benchmark or index does FRNW replicate?

FRNW tracks the Fidelity Clean Energy Index Net Total Return - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of FRNW?

FRNW carries a total expense ratio (TER) of 0.39%, indicating the annual cost for holding the fund.

When was FRNW launched?

FRNW was introduced to the market on October 5, 2021. It trades on United States

Who is the ETF issuer of FRNW?

Fidelity Clean Energy ETF, FRNW, is provided by Fidelity. Learn more about Fidelity here.

What is the current assets under management (AUM) of FRNW?

FRNW oversees €140M in assets as of June 1, 2026.

How has FRNW performed lately?

Based on data from June 1, 2026, FRNW returned 7.45% over the past month, 18.57% over the last three months and 34.22% year-to-date.

What are the latest inflows or outflows for FRNW?

As of June 1, 2026, FRNW recorded net flows of +€9M over the last month and +€83M year-to-date.

Does FRNW distribute dividends?

FRNW follows a distributing dividend policy, meaning it pays out income to investors. As of June 1, 2026, its 12-month trailing yield was 0.94%.

What are the main country or region exposures of FRNW?

As of April 30, 2026, FRNW has significant geographic allocations in USA, Denmark and Spain.

In which sector or theme does FRNW invest in?

As of April 30, 2026, FRNW focuses largely on Utilities, Industrials and Information Technology.

How many securities does FRNW hold and how diversified is it?

As of April 30, 2026, FRNW holds 50 positions in its portfolio, with 48.50% of assets concentrated in its top 15 holdings.

What are the main positions in FRNW?

As of April 30, 2026, FRNW top three holdings include US36828A1016, VESTAS WIND SYSTEMS and BLOOM ENERGY CORP.

What is the base currency of FRNW?

The base currency of FRNW is USD.

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