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Data as of Nov 4, 2026.

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Thematic ETFs

CCSO vs FRNW: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, CCSO returned −0.2% to FRNW's +3.1%; 16% of their weight is in the same names.

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Net assets: $46m on Jul 31, 2026 for Carbon Collective Climate Solutions U.S. Equity ETF, and $91m on Sep 30, 2026 for Fidelity Clean Energy ETF.

CCSO on its own →FRNW on its own →
At a glance
47.4%
CCSO in the S&P 500
9.7%
FRNW in the S&P 500
−0.2%
CCSO total return, 1 year
+3.1%
FRNW total return, 1 year
CCSO · 1 year to Nov 4, 2026 53% of its weight is outside the S&P 500
53% of its weight is outside the S&P 50047% of CCSO's weight is in S&P 500 companies and 53% is outside the index. Holdings as of Jul 31, 2026.47%53%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 49% of the fund · 121 holdings as filed for Jul 31, 2026 · Nasdaq-100: 0% in53% of its weight is outside the S&P 50047% of CCSO's weight is in S&P 500 companies and 53% is outside the index. Holdings as of Jul 31, 2026.47%53%in the S&P 500outside the S&P 500active share 99% · Nasdaq-100: 0% in

47% of CCSO's weight is in S&P 500 companies and 53% is outside the index. Holdings as of Jul 31, 2026.

FRNW · 1 year to Nov 4, 2026 90% of its weight is outside the S&P 500
90% of its weight is outside the S&P 50010% of FRNW's weight is in S&P 500 companies and 90% is outside the index. Holdings as of Jun 30, 2026.10%90%inof its weight outside the S&P 500active share 100% · top ten 38% of the fund · 50 holdings as filed for Jun 30, 2026 · Nasdaq-100: 0% in90% of its weight is outside the S&P 50010% of FRNW's weight is in S&P 500 companies and 90% is outside the index. Holdings as of Jun 30, 2026.10%90%inof its weight outside the S&P 500active share 100% · Nasdaq-100: 0% in

10% of FRNW's weight is in S&P 500 companies and 90% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

CCSO costs 0.04 points a year less; their one-year returns differ by 3.3 points.

Points (pts) are percentage points.

CCSO vs FRNW: Holdings Overlap & Returns
MeasureCCSOFRNW
Return
Total return, 1 year−0.2%+3.1%
Drawdown
Below its all-time high18.1%, high on Jun 2, 202622.8%, high on Nov 1, 2021
Against its benchmark
What it tracksClean energyClean energy
Against the S&P 500, 1 yearbehind by 15.0 pts
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearbehind by 15.0 pts
Cost and size
Expense ratio0.35%0.39%
Net assets, CCSO as of Jul 31, 2026 and FRNW as of Sep 30, 2026$46m$91m
Holdings
Holdings in common16%

Method

What they share

16%

By the books each fund has filed, CCSO and FRNW hold 16% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

16% in common

Positions both hold · largest shared weight first CCSO FRNW
GE Vernova Inc 4.71% 5.99%
Enlight Renewable Energy Ltd 3.38% 3.15%
First Solar Inc 2.24% 3.68%
Nextpower Inc 1.28% 3.31%
Clearway Energy Inc 0.70% 1.98%
Ormat Technologies Inc 0.60% 2.23%
Brookfield Renewable Corp 0.58% 2.31%
Enphase Energy Inc 0.46% 2.12%
Itron Inc 0.45% 2.27%
Plug Power Inc 0.28% 1.49%
SolarEdge Technologies Inc 0.26% 1.81%
Sunrun Inc 0.23% 1.87%
Only in one fund ↓
Only in CCSO
Nucor Corp 5.82%
Republic Services Inc 5.55%
Johnson Controls International Public Limited Company 5.52%
Waste Management Inc 5.41%
Southern Copper Corp 5.36%
Carrier Global Corp 4.79%
Quanta Services Inc 4.51%
Cameco Corp 3.72%
Only in FRNW
VESTAS WIND SYSTEMS AS 4.73%
BLOOM ENERGY CORP 4.51%
EDP S.A. 3.72%
ACCIONA SA 2.96%
ORSTED A/S 2.92%
NORDEX SE 2.81%
VERBUND AG 2.32%
VINCI SA 2.22%
Check overlap with more funds →

Window by window

Window by window: CCSO vs FRNW: Holdings Overlap & Returns
Total returnvs its benchmark
WindowCCSOFRNWCCSOFRNW
3 months−10.0%−4.5%−9.9 pts vs VOOnot measured
6 months−16.1%−16.2%−21.1 pts vs VOOnot measured
1 year−0.2%+3.1%−15.0 pts vs VOOnot measured
3 years+43.6%+49.5%−39.7 pts vs VOOnot measured
Since launchNot the same days: CCSO Sep 2022 · FRNW Oct 2021+28.1%−10.7%−82.8 pts vs VOOnot measured

Open this comparison in the app →

Side by side

CCSO Carbon Collective Climate Solutions U.S. Equity ETF · Holds 121 stocks in clean energy, 47% of its weight in S&P 500 companies FRNW Fidelity Clean Energy ETF · Holds 50 stocks in clean energy, 10% of its weight in S&P 500 companies
Issuer Carbon Collective Fidelity
Theme Clean energy Clean energy
In the S&P 500 47.4% 9.7%
Active share vs the S&P 500 98.7% 99.5%
In the Nasdaq-100 0.0% 0.0%
Holdings 121 50
Top ten, share of the fund 48.9% 37.8%
Expense ratio 0.35% 0.39%
Fee for the differing part 0.35% 0.39%
Total return, 1 year −0.2% +3.1%
vs its benchmark −15.0 pts vs VOO not measured
Below its high −18.1% −22.8%
Net assets, CCSO as of Jul 31, 2026 and FRNW as of Sep 30, 2026 $46m $91m

As of Nov 4, 2026. Source: ETFIQ.

16% of the two portfolios are the same securities at the same weight.

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About each fund
CCSO

By weight, 47% of CCSO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 49% of the fund across 121 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned −0.2% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Total Return Index, so a holder was behind by 15.0 pts. It sits 18.1% below its all-time high of Jun 2, 2026.

FRNW

By weight, 10% of FRNW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 38% of the fund across 50 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +3.1% with distributions reinvested. It sits 22.8% below its all-time high of Nov 1, 2021.

Questions people ask

Do CCSO and FRNW hold the same stocks?
By their latest filings, 16% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CCSO or FRNW?
CCSO has 47% of its weight in S&P 500 names and FRNW has 10%, so FRNW differs more from the index.
Which is cheaper, CCSO or FRNW?
CCSO charges 0.35% a year and FRNW charges 0.39%, so CCSO is cheaper. Fees come from each fund's prospectus.
Other comparisons
CCSO vs FANCCSO vs VCLNCCSO vs ICLNCCSO vs HYDRFRNW vs KGRNFRNW vs HYDRFRNW vs RNRGFRNW vs PBW
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →CCSO on its own →FRNW on its own →CCSO dividend history →CCSO holdings →FRNW dividend history →FRNW holdings →Method →Standards and sources →
Sources and dates
CCSO filings on SEC EDGAR ↗
CCSO prospectus with the expense ratio (SEC) ↗
Carbon Collective website ↗
FRNW filings on SEC EDGAR ↗
FRNW prospectus with the expense ratio (SEC) ↗
Fidelity website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, CCSO against FRNW, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ccso-vs-frnw

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.