Fidelity Clean Energy ETF (FRNW) belongs to the Alternative Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FRNW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FRNW
FRNW charges 0.39% annually. There are 2 ETFs in the Alternative Energy Equities category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 0.20% | 282.22M | Apr 2021 | FRNW vs LCTD | |
| Themes Uranium & Nuclear ETF | 0.35% | — | Sep 2024 | FRNW vs URAN | |
| iShares Global Clean Energy ETF | 0.39% | 2.59B | Jun 2008 | FRNW vs ICLN | |
| SPDR S&P Kensho Clean Power ETF | 0.45% | 223.98M | Oct 2018 | FRNW vs CNRG | |
| Direxion Hydrogen ETF | 0.45% | 21.26M | Mar 2021 | FRNW vs HJEN |
Best Risk-Adjusted Alternatives to FRNW
FRNW has a PortfoliosLab risk / return rank of 53. There are 7 ETFs in the Alternative Energy Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 89 | 74.40M | Mar 2024 | FRNW vs IBAT | |
| Macquarie Energy Transition ETF | 69 | 12.79M | Nov 2023 | FRNW vs PWER | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 58 | 11.74B | Nov 2009 | FRNW vs GRID | |
| Invesco Global Clean Energy ETF | 57 | 196.44M | Jun 2007 | FRNW vs PBD | |
| First Trust Global Wind Energy ETF | 56 | 281.59M | Jun 2008 | FRNW vs FAN |
Top Performing FRNW Alternatives (YTD)
FRNW is at 12.68% YTD. There are 8 ETFs in the Alternative Energy Equities category with higher YTD returns, going as high as 41.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 41.52% | 74.40M | Mar 2024 | FRNW vs IBAT | |
| Global X Hydrogen ETF | 40.67% | 91.40M | Jul 2021 | FRNW vs HYDR | |
| First Trust NASDAQ Clean Edge Green Energy Index F... | 20.15% | 718.18M | Feb 2007 | FRNW vs QCLN | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 19.10% | 11.74B | Nov 2009 | FRNW vs GRID | |
| First Trust Global Wind Energy ETF | 16.97% | 281.59M | Jun 2008 | FRNW vs FAN |
Lowest Volatility Alternatives to FRNW
FRNW has 27.21% 1-year volatility. There are 9 ETFs in the Alternative Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | FRNW vs RAYS | |
| BlackRock World ex U.S. Carbon Transition Readines... | 15.04% | 282.22M | Apr 2021 | FRNW vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 15.81% | 30.29M | May 2015 | FRNW vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 17.38% | 135.16M | Oct 2006 | FRNW vs ERTH | |
| First Trust Global Wind Energy ETF | 20.41% | 281.59M | Jun 2008 | FRNW vs FAN |
Lowest Drawdown Alternatives to FRNW
FRNW has a 1-year max drawdown of -17.58%. There are 8 ETFs in the Alternative Energy Equities category with shallower 1-year drawdowns, going as shallow as -10.29%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco MSCI Sustainable Future ETF | -10.29% | 135.16M | Oct 2006 | FRNW vs ERTH | |
| BlackRock World ex U.S. Carbon Transition Readines... | -10.92% | 282.22M | Apr 2021 | FRNW vs LCTD | |
| VanEck Low Carbon Energy ETF | -11.32% | 135.15M | May 2007 | FRNW vs SMOG | |
| Global X Funds Global X Renewable Energy Producers... | -11.72% | 30.29M | May 2015 | FRNW vs RNRG | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | -11.73% | 11.74B | Nov 2009 | FRNW vs GRID |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 58 | 23.14% | 20.96B | Oct 2013 | FRNW vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 71 | 11.08% | 9.74B | Sep 2016 | FRNW vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 1 | -28.99% | 10.22B | Jan 2024 | FRNW vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 36 | 0.12% | 26.62B | Oct 2014 | FRNW vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 55 | 12.20% | 10.69B | Sep 2003 | FRNW vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 44 | 11.18% | 6.97B | Jun 2020 | FRNW vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 72 | 11.33% | 7.88B | Apr 2007 | FRNW vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 32 | 8.15% | 2.35B | Oct 2013 | FRNW vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 5 | -40.36% | 750.93M | Jul 2024 | FRNW vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 32 | 4.30% | 5.65B | Nov 2023 | FRNW vs FELG |
Often Compared With FRNW
Investors most often compare FRNW with VCLN, QQQ, VOO. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare FRNW with Any Fund or Stock
Compare FRNW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FRNW with funds that move differently
Fidelity Clean Energy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FRNW.
Explore FRNW Diversifiers