Fidelity Clean Energy ETF (FRNW)
| Assets | $30.24M |
| Expense Ratio | 0.40% |
| PE Ratio | 24.20 |
| Shares Out | 1.65M |
| Dividend (ttm) | $0.21 |
| Dividend Yield | 1.16% |
| Ex-Dividend Date | Jun 20, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 28.05% |
| Volume | 20,576 |
| Open | 18.41 |
| Previous Close | 18.47 |
| Day's Range | 18.25 - 18.41 |
| 52-Week Low | 11.25 |
| 52-Week High | 18.54 |
| Beta | 1.14 |
| Holdings | 66 |
| Inception Date | Oct 5, 2021 |
About FRNW
Fund Home PageThe Fidelity Clean Energy ETF (FRNW) is an exchange-traded fund that is based on the Fidelity Clean Energy index, a market-cap-weighted index of global clean energy companies screened for environmental, social, and governance factors. FRNW was launched on Oct 5, 2021 and is issued by Fidelity.
Top 10 Holdings
57.61% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Securities Lending Cash Central Fund | n/a | 23.44% |
| Bloom Energy Corporation | BE | 6.66% |
| GE Vernova Inc. | GEV | 4.85% |
| First Solar, Inc. | FSLR | 4.41% |
| Vestas Wind Systems A/S | VWS | 3.87% |
| EDP, S.A. | EDP | 3.35% |
| Nextracker Inc. | NXT | 3.10% |
| Sunrun Inc. | RUN | 2.95% |
| Ormat Technologies, Inc. | ORA | 2.54% |
| Enlight Renewable Energy Ltd | ENLT | 2.45% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.118 | Jun 24, 2025 |
| Mar 21, 2025 | $0.014 | Mar 25, 2025 |
| Dec 20, 2024 | $0.016 | Dec 24, 2024 |
| Sep 20, 2024 | $0.064 | Sep 24, 2024 |
| Jun 21, 2024 | $0.098 | Jun 25, 2024 |
| Mar 15, 2024 | $0.015 | Mar 20, 2024 |
Performance
FRNW had a total return of 21.71% in the past year, including dividends. Since the fund's inception, the average annual return has been -7.04%.
News
Income Investors: Don't Stretch For Equity Yield
For investors looking for income through a multi-asset class approach, it might seem sensible to max out the dividend yield within the equity allocation. Yield-focused equity strategies may introduce ...
Disruptive Theme of the Week: Clean Energy
It may not have been on your investment bingo card, but one of the surprising outperforming investment themes this year has been clean energy. One catalyst has been the growing electricity demands rel...
This Underrated ETF Category Shouldn't Be Overlooked
ETFs are all the rage, and amid their accelerated growth, the category has spawned numerous new subcategories, which can also sometimes overshadow underrated ETF segments in favor of shorter-term, fla...
Fidelity Clean Energy ETF Propelled by Top Holding GE Vernova
Fidelity Investments' clean energy ETF has seen strong recent performance, propelled by top holding GE Vernova (GEV). The Fidelity Clean Energy ETF (FRNW) is based on the Fidelity Clean Energy Index.
Fidelity® Grows Thematic Fund Lineup With Launch of Four New ETFs
BOSTON--(BUSINESS WIRE)--Fidelity Investments expands thematic fund lineup with the launch of four new thematic ETFs.