All you need to get started with ETF selection and analysis. Create your account now →
Help us improve your experience. Please confirm your investor type:
Global ETF Survey 2026
The ETF Industry Is Evolving Fast
From AI infrastructure to active strategies, the ETF landscape is shifting. Share your perspective in the 7th Annual Global ETF Survey.
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 1:30 PM UTC
LIVE
CLOSED
This fund is part ofAlternative Energy1M perf.-13.41%
Last price
$23.72
1M perf.
-11.08%
1M flows
-€31M
AuM
€95M
TER
0.39%
Rating
FRNW
$23.72
Performance & flows
Segment for quartile rank
April 1, 2026 → July 1, 2026
Create a free account to view the flows graph
FRNW
$24.06
+4.53%
Alternative Energy
-3.87%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -11.08%  | +4.53% | +54.50%  | +20.20% | N/A | -1.47% | -1.47% | +19.35% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
7/1/2026
$24.06
1D NAV change
-1.47%
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
Create a free account to view dividend distribution
Classification
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
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
New to Trackinsight?
For individual investors
Essentials
A forever free toolbox for fund selection, analysis, research, and ETF portfolio construction.
More fund data
Compare up to 3 funds
More screener filters
Choose your own screener columns from 100+ metrics
Lists for saving your research
Portfolio construction and analysis
Personal dashboard for live monitoring
For professional investors
Enterprise
Trackinsight Enterprise addresses the everyday operational, regulatory, and analytical pain points faced by professional and institutional ETF investors, from selection to execution.
Request a free trialAdvertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +4.53% | +54.51% | +20.20% | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
40.71%
Denmark
8.19%
China
7.82%
Spain
6.92%
Israel
6.30%
Germany
5.55%
Canada
4.86%
Republic of Korea
3.29%
Portugal
3.06%
Other
13.29%
Sectors
Industrials
53.12%
Utilities
39.31%
Technology
6.24%
Business Services
1.34%
Diversification
Total weight of top 15 holdings out of 50
Top 15 holdings
Data as of May 31, 2026
Create a free account to view top holdings
Create a free account to view top holdings
More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
Yes
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Replication
Trackinsight replication rating:
1-year trailing difference
As of June 30, 2026
Create a free account to view the replication graph
FRNW
N/A
Replication quality
Calculated over 12m, as of June 30, 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
210
Total AuM
€204.54B
Expense ratio range
0.05% - 1.5%
Average expense ratio
0.4324%
Top 5 funds by Fidelity
| AuM | ||
|---|---|---|
FBND | Fidelity Total Bond ETF | €23.35B |
FTEC | Fidelity MSCI Information Technology Index ETF | €18.42B |
ONEQ | Fidelity NASDAQ Composite Index ETF | €9.33B |
FBTC | Fidelity Wise Origin Bitcoin Fund | €9.21B |
FENI | Fidelity Enhanced International ETF | €9B |
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 €95M in assets as of July 1, 2026.
How has FRNW performed lately?
Based on data from July 1, 2026, FRNW returned -11.08% over the past month, 4.53% over the last three months and 19.35% year-to-date.
What are the latest inflows or outflows for FRNW?
As of July 1, 2026, FRNW recorded net flows of -€32M over the last month and +€51M year-to-date.
Does FRNW distribute dividends?
FRNW follows a distributing dividend policy, meaning it pays out income to investors. As of July 1, 2026, its 12-month trailing yield was 1.15%.
What are the main country or region exposures of FRNW?
As of May 31, 2026, FRNW has significant geographic allocations in USA, Denmark and China.
In which sector or theme does FRNW invest in?
As of May 31, 2026, FRNW focuses largely on Industrials, Utilities and Technology.
How many securities does FRNW hold and how diversified is it?
As of May 31, 2026, FRNW holds 50 positions in its portfolio, with 49.48% of assets concentrated in its top 15 holdings.
What are the main positions in FRNW?
As of May 31, 2026, FRNW top three holdings include First Solar, Inc., Bloom Energy Corp. and GE Vernova, Inc..
What is the base currency of FRNW?
The base currency of FRNW is USD.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
