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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.
Fidelity Clean Energy ETF trades on the BATS stock market under the symbol FRNW.
As of July 20, 2026, FRNW stock price climbed to $22.92 with 19,960 million shares trading.
FRNW has a beta of 0.95, meaning it tends to be less sensitive to market movements. FRNW has a correlation of 0.28 to the broad based SPY ETF.
FRNW has a market cap of $100.85 million. This is considered a Micro Cap stock.
In the last 3 years, FRNW traded as high as $27.97 and as low as $11.25.
FRNW has outperformed the market in the last year with a return of +40.5%, while the SPY ETF gained +19.6%. However, in the most recent history, FRNW shares have underperformed the stock market with its stock returning -2.9% in the last 3 month period and -3.2% for the last 2 week period, while SPY has returned +5.0% and -0.1%, respectively.
FRNW support price is $22.45 and resistance is $23.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FRNW shares will trade within this expected range on the day.