FRNW — Fidelity Clean Energy ETF
Fidelity Clean Energy ETF (FRNW)
FRNW pays a 1.20% distribution rate, quarterly, on a 0.39% expense ratio. Its Distribution Safety Score™ is 85 (Safe), giving a Safety-Adjusted Yield of 1.02%. Distributions grew 126.1% over the past year. Total return is -4.5% over the past 4.9 years, 93.3 points behind SPY at 88.8%. Its deepest 1-year drawdown was 22.1%.
Fidelity Clean Energy ETF is an index fund that tracks the Fidelity Clean Energy Index, holding a global portfolio of companies involved in producing, distributing, or supplying technology and equipment for renewable energy sources including solar, wind, and hydrogen. The fund carries a modest current distribution rate with quarterly distributions and has an expense ratio of 0.39%. It appeals to investors seeking equity exposure to the clean energy sector with a rules-based index approach.
FRNW key facts
- Distribution Safety Score™
- 85 · Safe
- Safety-Adjusted Yield
- 1.02%
- Issuer
- Fidelity Investments
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 10/05/2021
- Expense ratio
- 0.39%
- Distribution rate
- 1.20%
- Distribution frequency
- Quarterly
- Trailing yield
- 1.20%
- Last close
- $23.06
- AUM
- $102,359,033
- Average volume
- 39767.0
- Last dividend
- $0.1390
- Ex-dividend date
- 06/18/2026
- Payment date
- 06/23/2026
- Beta
- 1.57
- P/E ratio
- 20.6992
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