Data as of . Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested.
FRNW · Fidelity Clean Energy ETF
Fidelity · Themes desk
Open the live card on ETFIQBy 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 Sep 4, 2026 the fund returned +26.1% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 6.2 pts. It sits 20.5% below its all-time high of Nov 1, 2021.
| Theme (ETFIQ, editorial) | Clean energy |
|---|---|
| Launched | Oct 7, 2021 |
| Already in the S&P 500, by weight (ETFIQ) | 9.7% |
| Active share vs the S&P 500 (ETFIQ) | 99.5% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 0.0% |
| Active share vs the Nasdaq-100 (ETFIQ) | 100.0% |
| Top ten holdings weight | 37.9% |
| Holdings | 50 |
| Net assets (latest filing) | $154M |
| Holdings as of (SEC N-PORT) | Jun 30, 2026 |
| Top holdings | GE VERNOVA INC 6.0%, VESTAS WIND SYSTEMS AS 4.7%, BLOOM ENERGY CORP 4.5%, EDP S.A. 3.7%, FIRST SOLAR INC 3.7%, NEXTPOWER INC 3.3%, ENLIGHT RENEWABLE ENERGY LTD 3.2%, ACCIONA SA 3.0%, ORSTED A/S 2.9%, NORDEX SE 2.8% |
| 3 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | −12.4% / +4.7% / −17.1 pts / −14.5 pts |
| 6 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +2.4% / +15.2% / −12.7 pts / −17.7 pts |
| 1 year: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +26.1% / +20.0% / +6.2 pts / +0.6 pts |
| 3 years: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +32.2% / +78.0% / −45.7 pts / −61.2 pts |
| since launch: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | −8.1% / +87.3% / −95.4 pts / −111.9 pts |
| Below its all-time high (ETFIQ) | −20.5% |
| Expense ratio (prospectus XBRL) | 0.39% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.39% |
| Closest funds by holdings overlap | ICLN 40%, VCLN 36%, RNRG 33%, CNRG 32%, TAN 31% |
Questions people ask
- How much of FRNW is already in the S&P 500?
- By its holdings filed for Jun 30, 2026, 10% of FRNW by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different.
- What does FRNW hold?
- 50 positions as filed for Jun 30, 2026, with the top ten at 38% of the fund. The largest are GE VERNOVA INC at 6.0%, VESTAS WIND SYSTEMS AS at 4.7%, BLOOM ENERGY CORP at 4.5%.
- Has FRNW beaten the S&P 500?
- Over the year to Sep 4, 2026 FRNW returned +26.1% with distributions reinvested, against +20.0% for the S&P 500, so it finished ahead of the index by 6.2 points.
- What does FRNW cost?
- The prospectus expense ratio is 0.39% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.39%.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
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<p><a href="https://etfiq.com/funds/FRNW.html">FRNW difference bar, updated daily by ETFIQ</a></p>Cite this page. ETFIQ, FRNW on the themes desk, data as of Sep 4, 2026. https://etfiq.com/funds/FRNW.html Free to use with attribution; the underlying files are at Open data.
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