SMOG vs. FRNW ETF Comparison

Comparison of VanEck Vectors Low Carbon Energy ETF (SMOG) to Fidelity Clean Energy ETF (FRNW)

SMOG

VanEck Vectors Low Carbon Energy ETF

SMOG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of low carbon energy companies. Such companies may include small- and medium-capitalization companies and foreign issuers. "Low carbon energy companies" refers to companies primarily engaged in alternative energy, including renewable energy, alternative fuels and related enabling technologies (such as advanced batteries). It is non-diversified.

Grade (RS Rating)

Last Trade

$100.62

Average Daily Volume

2,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	SMOG	FRNW
30 Days	-2.70%	-2.67%
60 Days	-7.20%	-10.02%
90 Days	-2.74%	-7.13%
12 Months	-1.10%	-5.10%

9 Overlapping Holdings

Symbol	Grade	Weight in SMOG	Weight in FRNW	Overlap
AY	B	0.34%	1.89%	0.34%
BE	B	0.5%	2.69%	0.5%
ENPH	F	1.81%	2.19%	1.81%
FSLR	F	4.05%	3.95%	3.95%
JKS	F	0.2%	1.8%	0.2%
ORA	B	0.84%	2.79%	0.84%
PLUG	F	0.36%	2.05%	0.36%
RUN	F	0.41%	1.42%	0.41%
SEDG	F	0.17%	1.02%	0.17%

SMOG Overweight 17 Positions Relative to FRNW

Symbol	Grade	Weight
TSLA	B	11.5%
NEE	D	7.6%
LI	F	3.8%
OC	A	3.52%
XPEV	C	2.18%
RIVN	F	2.14%
EBR	F	2.06%
NIO	F	1.66%
IBP	D	1.06%
CIG	C	0.82%
ENS	D	0.8%
LCID	F	0.67%
TAC	B	0.6%
HASI	D	0.54%
QS	F	0.46%
ELP	F	0.41%
DQ	F	0.29%

SMOG Underweight 10 Positions Relative to FRNW

Symbol	Grade	Weight
GEV	B	-8.36%
ITRI	B	-3.28%
CWEN	C	-2.08%
ARRY	C	-1.64%
SHLS	F	-1.45%
AMRC	F	-1.37%
CSIQ	F	-1.36%
RNW	D	-1.15%
RENB	F	-0.85%
NOVA	F	-0.53%