FRNW Performance — Fidelity Clean Energy ETF
Data updated: 2026-09-11
FRNW returned +21.13% year to date and +58.84% over one year to Jun 2026. The annualised 3-year return is +6.89%. Against its Global Thematic Equity category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $122, against $159 for the category, and to $159 over one year, against $129. Volatility over the past three years was 29.04% a year. In the 12 months to Jun 2026 the fund took in a net $109.8M, and assets reached $153.82M.
FRNW Growth of $100
What $100 invested in Fidelity Clean Energy ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Thematic Equity category average over the same months.
| Period | FRNW | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $159 | $129 |
| 3 years (Jul 2023 – Jun 2026) | $122 | $159 |
| Since data start (Nov 2021 – Jun 2026) | $89 | $125 |
FRNW Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +21.13% |
| 1 year | +58.84% |
| 3 years (annualised) | +6.89% |
FRNW Annual Returns
Calendar-year total returns of Fidelity Clean Energy ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +21.13% |
| 2025 | +52.58% |
| 2024 | −20.76% |
| 2023 | −19.61% |
| 2022 | −11.58% |
| 2021 (Nov–Dec) | −14.91% |
FRNW Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +11.0% | +1.2% | 0.0% | +10.4% | +10.0% | −11.2% | — | — | — | — | — | — |
| 2025 | −1.2% | −0.6% | −3.2% | +2.7% | +10.7% | +7.7% | +7.5% | +6.5% | +9.0% | +10.4% | −3.7% | −1.2% |
| 2024 | −13.2% | −3.1% | +2.9% | −4.9% | +16.7% | −11.8% | +4.9% | 0.0% | +7.1% | −8.8% | −0.2% | −8.4% |
| 2023 | +7.3% | −7.1% | +3.3% | −4.9% | −3.1% | +1.4% | −1.1% | −13.6% | −10.2% | −12.0% | +10.2% | +11.9% |
| 2022 | −13.8% | +9.6% | +4.0% | −12.3% | +4.6% | −5.5% | +16.5% | +1.0% | −14.7% | −1.8% | +11.8% | −5.8% |
| 2021 | — | — | — | — | — | — | — | — | — | — | −8.9% | −6.6% |
FRNW Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 29.04%
- 3-year Sharpe ratio: 0.08 (vs 4.5% risk-free rate)
- Best month: +16.71% (May 2024)
- Worst month: −13.55% (Aug 2023)
FRNW Fund Flows
Monthly money in and out of Fidelity Clean Energy ETF, from SEC Form N-PORT.
- 12-month net flow: $109.8M
- 12-month gross sales (incl. reinvestments): $117.0M
- Sales ÷ redemptions: 16.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $12.5M | $5.0M | $7.6M |
| May 2026 | $10.5M | $0 | $10.5M |
| Apr 2026 | $66.2M | $0 | $66.2M |
| Mar 2026 | $3.4M | $2.3M | $1.2M |
| Feb 2026 | $10.4M | $0 | $10.4M |
| Jan 2026 | $7.7M | $0 | $7.7M |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $4.1M | $0 | $4.1M |
| Oct 2025 | $2.1M | $0 | $2.1M |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $0 | $0 |
FRNW Assets Under Management
Net assets of Fidelity Clean Energy ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $153.82M |
| 2026-03-31 | $63.75M |
| 2025-12-31 | $39.55M |
| 2025-09-30 | $31.92M |
| 2025-06-30 | $25.69M |
| 2025-03-31 | $23.07M |
| 2024-12-31 | $24.29M |
| 2024-09-30 | $29.22M |
| 2024-06-30 | $25.39M |
| 2024-03-31 | $26.85M |
| 2023-12-31 | $31.06M |
| 2023-09-30 | $28.67M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.