FRNW vs. ERTH ETF Comparison

Comparison of Fidelity Clean Energy ETF (FRNW) to Invesco MSCI Sustainable Future ETF (ERTH)

FRNW

Fidelity Clean Energy ETF

FRNW Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Clean Energy Index. Normally investing at least 80% of assets in securities included in the Fidelity Clean Energy Index and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sources

Grade (RS Rating)

Last Trade

$14.14

Average Daily Volume

8,097

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ERTH

Invesco MSCI Sustainable Future ETF

ERTH Description

The Invesco MSCI Sustainable Future ETF (Fund) is based on the MSCI Global Environment Select Index (Index). The Fund will generally invest at least 90% of its total assets in securities that comprise the Index. The Index is comprised of companies that focus on offering products or services that contribute to a more environmentally sustainable economy by making a more efficient use of global resources. The Index is designed to maximize exposure to six Environmental Impact Themes: alternative energy, energy efficiency, green building, sustainable water, pollution prevention and control, and sustainable agriculture. The Fund and the Index are rebalanced quarterly.

Grade (RS Rating)

Last Trade

$41.48

Average Daily Volume

9,674

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRNW	ERTH
30 Days	-2.67%	-0.65%
60 Days	-10.02%	-4.93%
90 Days	-7.13%	-3.45%
12 Months	-5.10%	-2.65%

10 Overlapping Holdings

Symbol	Grade	Weight in FRNW	Weight in ERTH	Overlap
ARRY	C	1.64%	0.27%	0.27%
ENPH	F	2.19%	2.01%	2.01%
FSLR	F	3.95%	4.43%	3.95%
JKS	F	1.8%	0.16%	0.16%
ORA	B	2.79%	1.04%	1.04%
PLUG	F	2.05%	0.36%	0.36%
RENB	F	0.85%	0.05%	0.05%
RUN	F	1.42%	0.56%	0.56%
SEDG	F	1.02%	0.17%	0.17%
SHLS	F	1.45%	0.2%	0.2%

FRNW Overweight 9 Positions Relative to ERTH

Symbol	Grade	Weight
GEV	B	8.36%
ITRI	B	3.28%
BE	B	2.69%
CWEN	C	2.08%
AY	B	1.89%
AMRC	F	1.37%
CSIQ	F	1.36%
RNW	D	1.15%
NOVA	F	0.53%

FRNW Underweight 30 Positions Relative to ERTH

Symbol	Grade	Weight
TSLA	B	-7.03%
DLR	B	-5.84%
NVDA	C	-5.76%
LI	F	-3.17%
WMS	D	-2.13%
XPEV	C	-1.85%
RIVN	F	-1.77%
VNO	B	-1.58%
BMI	B	-1.55%
DAR	C	-1.54%
MTH	D	-1.53%
NIO	F	-1.52%
KBH	D	-1.38%
WFG	D	-1.2%
CUZ	B	-1.12%
DEI	B	-0.75%
LCID	F	-0.58%
NEP	F	-0.37%
AAT	B	-0.34%
ERII	D	-0.25%
BZH	B	-0.23%
BDN	C	-0.21%
PGRE	F	-0.21%
REX	D	-0.17%
CHPT	F	-0.1%
RDUS	C	-0.1%
TUYA	F	-0.08%
AMPS	C	-0.07%
MNTK	F	-0.06%
MERC	F	-0.06%