New
Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →
Help us improve your experience. Please confirm your investor type:
Compare ETFs Easily
The Ultimate ETF Comparison Tool - Try Now!
Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.
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 Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofAlternative Energy1M perf.-2.33%
Last price
$22.58
1M perf.
+0.32%
1M flows
+€6.9M
AuM
€54M
E/R
0.39%
Rating
ESG Consensus®
FRNW
$22.58
Performance & flows
Segment for quartile rank
December 15, 2025 → March 13, 2026
Create a free account to view the flows graph
FRNW
$22.58
+11.26%
Alternative Energy
+15.45%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.32%  | +11.26%  | +71.32%  | +7.91% | N/A | -0.90% | +11.30% | +11.30% | |
| 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
3/13/2026
$22.58
1D NAV change
-0.35%
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.
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseAdvertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +11.26% | +71.32% | +7.91% | 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
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
USA
40.47%
Denmark
9.13%
China
9.11%
Spain
7.53%
Canada
6.87%
Germany
3.70%
Portugal
3.43%
New Zealand
3.05%
Israel
3.03%
Other
13.68%
Sectors
Utilities
41.62%
Industrials
28.14%
Information Technology
16.48%
Unavailable
13.75%
Diversification
Total weight of top 15 holdings out of 50
Top 15 holdings
Data as of January 31, 2026
BLOOM ENERGY CORP
VESTAS WIND SYSTEMS
US36828A1016
US65290E1010
FIRST SOLAR
ENERGIAS DE PORTUGAL
ENLIGHT RENEWABLE ENERGY
ORSTED
Create a free account to view top holdings
ORMAT TECHNOLOGIES
NORDEX
ENPHASE ENERGY
SUNRUN
VERBUND
ACCIONA SA
EURODRIP
Create a free account to view top holdings
Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
Yes
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur 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.
ESG Consensus®
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-.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
91.78% of holdings have positive scoring
8.23% of holdings have negative scoring
28.56%
53.96%
9.26%
7.28%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
Fidelity Clean Energy Index Net Total Return - USD
Index ticker
FIDGLCEN Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Fidelity
Fidelity ID Card
Number of funds
199
Total AuM
€173.95B
Expense ratio range
0.05% - 1.51%
Average expense ratio
0.4294%
Top 5 funds by Fidelity
| AuM | ||
|---|---|---|
FBND | Fidelity Total Bond ETF | €21.63B |
FTEC | Fidelity MSCI Information Technology Index ETF | €13.51B |
FBTC | Fidelity Wise Origin Bitcoin Fund | €11.58B |
ONEQ | Fidelity NASDAQ Composite Index ETF | €7.63B |
FDVV | Fidelity High Dividend ETF | €7.39B |
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 €54M in assets as of March 13, 2026.
How has FRNW performed lately?
Based on data from March 13, 2026, FRNW returned 0.32% over the past month, 11.26% over the last three months and 11.30% year-to-date.
What are the latest inflows or outflows for FRNW?
As of March 13, 2026, FRNW recorded net flows of +€6.9M over the last month and +€15M year-to-date.
Does FRNW distribute dividends?
FRNW follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 1.13%.
What are the main country or region exposures of FRNW?
As of January 31, 2026, FRNW has significant geographic allocations in USA, Denmark and China.
In which sector or theme does FRNW invest in?
As of January 31, 2026, FRNW focuses largely on Utilities, Industrials and Information Technology.
How many securities does FRNW hold and how diversified is it?
As of January 31, 2026, FRNW holds 50 positions in its portfolio, with 48.02% of assets concentrated in its top 15 holdings.
What are the main positions in FRNW?
As of January 31, 2026, FRNW top three holdings include BLOOM ENERGY CORP, VESTAS WIND SYSTEMS and US36828A1016.
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
