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 is 1 ETF in the Alternative Energy Equities category with a lower expense ratio, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 0.20% | 241.65M | Apr 2021 | FRNW vs LCTD | |
| SPDR S&P Kensho Clean Power ETF | 0.45% | 263.96M | Oct 2018 | FRNW vs CNRG | |
| Direxion Hydrogen ETF | 0.45% | 21.26M | Mar 2021 | FRNW vs HJEN | |
| iShares Global Clean Energy ETF | 0.46% | 3.21B | Jun 2008 | FRNW vs ICLN | |
| iShares Energy Storage & Materials ETF | 0.47% | 89.40M | Mar 2024 | FRNW vs IBAT |
Best Risk-Adjusted Alternatives to FRNW
FRNW has a PortfoliosLab risk / return rank of 92. There are 4 ETFs in the Alternative Energy Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 96 | 89.40M | Mar 2024 | FRNW vs IBAT | |
| Global X Hydrogen ETF | 94 | 167.96M | Jul 2021 | FRNW vs HYDR | |
| Invesco Global Clean Energy ETF | 94 | 232.71M | Jun 2007 | FRNW vs PBD | |
| Macquarie Energy Transition ETF | 94 | 7.61M | Nov 2023 | FRNW vs PWER | |
| Global X CleanTech ETF | 92 | 33.81M | Oct 2020 | FRNW vs CTEC |
Top Performing FRNW Alternatives (YTD)
FRNW is at 36.72% YTD. There are 9 ETFs in the Alternative Energy Equities category with higher YTD returns, going as high as 120.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Hydrogen ETF | 120.59% | 167.96M | Jul 2021 | FRNW vs HYDR | |
| iShares Energy Storage & Materials ETF | 66.56% | 89.40M | Mar 2024 | FRNW vs IBAT | |
| First Trust NASDAQ Clean Edge Green Energy Index F... | 53.57% | 895.30M | Feb 2007 | FRNW vs QCLN | |
| Invesco Solar ETF | 47.13% | 2.29B | Apr 2008 | FRNW vs TAN | |
| Global X CleanTech ETF | 47.09% | 33.81M | Oct 2020 | FRNW vs CTEC |
Lowest Volatility Alternatives to FRNW
FRNW has 25.52% 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... | 14.56% | 241.65M | Apr 2021 | FRNW vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 15.71% | 30.24M | May 2015 | FRNW vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 16.69% | 151.79M | Oct 2006 | FRNW vs ERTH | |
| First Trust Nasdaq Clean Edge Smart GRID Infrastru... | 19.39% | 11.29B | Nov 2009 | FRNW vs GRID |
Lowest Drawdown Alternatives to FRNW
FRNW has a 1-year max drawdown of -11.58%. There are 8 ETFs in the Alternative Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Funds Global X Renewable Energy Producers... | -5.95% | 30.24M | May 2015 | FRNW vs RNRG | |
| First Trust Global Wind Energy ETF | -7.71% | 319.68M | Jun 2008 | FRNW vs FAN | |
| Invesco MSCI Sustainable Future ETF | -8.07% | 151.79M | Oct 2006 | FRNW vs ERTH | |
| VanEck Low Carbon Energy ETF | -8.82% | 152.21M | May 2007 | FRNW vs SMOG | |
| Macquarie Energy Transition ETF | -9.07% | 7.61M | Nov 2023 | FRNW vs PWER |
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 $26B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 82 | 33.89% | 17.89B | Oct 2013 | FRNW vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 72 | 9.62% | 9.18B | Sep 2016 | FRNW vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -23.31% | 14.17B | Jan 2024 | FRNW vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 41 | 0.70% | 25.56B | Oct 2014 | FRNW vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 74 | 17.15% | 10.01B | Sep 2003 | FRNW vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 63 | 16.81% | 6.21B | Jun 2020 | FRNW vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Growth Equities | 75 | 11.89% | 7.04B | Apr 2007 | FRNW vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 22 | 3.78% | 2.46B | Oct 2013 | FRNW vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 6 | -35.73% | 1.22B | Jul 2024 | FRNW vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 49 | 8.92% | 5.32B | Nov 2023 | FRNW vs FELG |
Often Compared With FRNW
Investors most often compare FRNW with QQQ, VOO, FDTX. These 20 comparison targets span 13 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.
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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