FSST vs. PCLN

Last updated Jul 14, 2026

FSST (Fidelity Sustainability U.S. Equity ETF) and PCLN (Pictet Cleaner Planet ETF) are both Sustainable funds. FSST is passively managed, while PCLN is actively managed. At a 0.16 correlation, their price movements are largely independent. FSST charges 0.59%/yr vs 0.70%/yr for PCLN.

Performance

FSST vs. PCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainability U.S. Equity ETF (FSST) and Pictet Cleaner Planet ETF (PCLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FSST

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PCLN

• 1D: -2.10%
• 1M: -2.95%
• 6M: 18.17%
• YTD: 25.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSST vs. PCLN - Yearly Performance Comparison

	2026 (YTD)	2025
FSST Fidelity Sustainability U.S. Equity ETF	0.00%	2.60%
PCLN Pictet Cleaner Planet ETF	25.05%	-1.27%

Correlation

The correlation between FSST and PCLN is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025	0.16

Return for Risk

FSST vs. PCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainability U.S. Equity ETF (FSST) and Pictet Cleaner Planet ETF (PCLN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	FSST	PCLN	Difference
Max Drawdown Largest peak-to-trough decline	—	-12.34%	—
Current Drawdown Current decline from peak	—	-6.94%	—
Average Drawdown Average peak-to-trough decline	—	-2.70%	—

Volatility

Volatility by Period

	FSST	PCLN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	24.39%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	24.39%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.39%	—

FSST vs. PCLN - Expense Ratio Comparison

FSST has a 0.59% expense ratio, which is lower than PCLN's 0.70% expense ratio.

Dividends

FSST vs. PCLN - Dividend Comparison

FSST has not paid dividends to shareholders, while PCLN's dividend yield for the trailing twelve months is around 0.06%.

Position	TTM	2025	2024	2023	2022	2021
FSST Fidelity Sustainability U.S. Equity ETF	0.10%	0.19%	2.01%	0.68%	1.00%	0.34%
PCLN Pictet Cleaner Planet ETF	0.06%	0.08%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FSST and PCLN in my portfolio?

FSST and PCLN have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FSST or PCLN?

On fees, FSST is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FSST or PCLN?

FSST is cheaper with a 0.59% expense ratio, compared with 0.70% for PCLN.

Which ETF pays a higher dividend yield, FSST or PCLN?

FSST has the higher dividend yield at 0.10%, compared with 0.06% for PCLN.

What is the main difference between FSST and PCLN?

They also come from different issuers: Fidelity and Pictet. Their fees differ too: 0.59% for FSST and 0.70% for PCLN.