FRNW vs. RNEW ETF Comparison
Comparison of Fidelity Clean Energy ETF (FRNW) to VanEck Green Infrastructure ETF (RNEW)
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
19
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.65
Average Daily Volume
133
39
Performance
| Period | FRNW | RNEW |
|---|---|---|
| 30 Days | -2.67% | 7.86% |
| 60 Days | -10.02% | 1.22% |
| 90 Days | -7.13% | 0.45% |
| 12 Months | -5.10% | 14.52% |
12 Overlapping Holdings
| Symbol | Grade | Weight in FRNW | Weight in RNEW | Overlap | |
|---|---|---|---|---|---|
| AMRC | F | 1.37% | 0.49% | 0.49% | |
| ARRY | C | 1.64% | 0.52% | 0.52% | |
| BE | B | 2.69% | 2.77% | 2.69% | |
| CWEN | C | 2.08% | 1.22% | 1.22% | |
| ENPH | F | 2.19% | 2.39% | 2.19% | |
| FSLR | F | 3.95% | 3.35% | 3.35% | |
| ITRI | B | 3.28% | 2.83% | 2.83% | |
| NOVA | F | 0.53% | 0.24% | 0.24% | |
| ORA | B | 2.79% | 2.56% | 2.56% | |
| PLUG | F | 2.05% | 0.79% | 0.79% | |
| RUN | F | 1.42% | 1.19% | 1.19% | |
| SHLS | F | 1.45% | 0.39% | 0.39% |
FRNW Underweight 27 Positions Relative to RNEW
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | -9.84% | |
| LNG | B | -6.99% | |
| PWR | A | -6.12% | |
| RSG | A | -5.75% | |
| CLH | B | -5.66% | |
| WM | A | -5.6% | |
| ECL | D | -5.24% | |
| DCI | B | -4.9% | |
| RIVN | F | -4.4% | |
| BWA | D | -4.19% | |
| CWST | A | -3.29% | |
| IDA | A | -3.21% | |
| SWX | B | -2.97% | |
| LCID | F | -2.64% | |
| NWE | B | -1.82% | |
| NFE | D | -0.98% | |
| NEP | F | -0.8% | |
| SPH | B | -0.61% | |
| ERII | D | -0.45% | |
| REX | D | -0.43% | |
| GPRE | F | -0.37% | |
| AMPS | C | -0.33% | |
| CLNE | D | -0.32% | |
| MEG | F | -0.32% | |
| MNTK | F | -0.31% | |
| CHPT | F | -0.25% | |
| SES | F | -0.05% |
FRNW: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords
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