FRNW vs. PBD ETF Comparison
Comparison of Fidelity Clean Energy ETF (FRNW) to PowerShares Global Clean Energy Portfolio (PBD)
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
$14.04
Average Daily Volume
8,071
19
PBD
PowerShares Global Clean Energy Portfolio
PBD Description
The PowerShares Global Clean Energy Portfolio (Fund) is based on the WilderHill New Energy Global Innovation Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index seeks to deliver capital appreciation and is composed of companies that focus on greener and generally renewable sources of energy and technologies facilitating cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$11.79
Average Daily Volume
38,112
33
Performance
| Period | FRNW | PBD |
|---|---|---|
| 30 Days | -4.63% | -9.31% |
| 60 Days | -9.73% | -12.07% |
| 90 Days | -7.76% | -13.65% |
| 12 Months | -5.75% | -16.16% |
15 Overlapping Holdings
| Symbol | Grade | Weight in FRNW | Weight in PBD | Overlap | |
|---|---|---|---|---|---|
| AMRC | F | 1.37% | 0.97% | 0.97% | |
| ARRY | F | 1.64% | 1.19% | 1.19% | |
| BE | B | 2.69% | 1.13% | 1.13% | |
| CSIQ | F | 1.36% | 0.82% | 0.82% | |
| ENPH | F | 2.19% | 0.56% | 0.56% | |
| FSLR | F | 3.95% | 0.86% | 0.86% | |
| ITRI | C | 3.28% | 1.24% | 1.24% | |
| JKS | F | 1.8% | 1.13% | 1.13% | |
| NOVA | F | 0.53% | 0.49% | 0.49% | |
| ORA | B | 2.79% | 1.1% | 1.1% | |
| PLUG | F | 2.05% | 0.95% | 0.95% | |
| RENB | F | 0.85% | 0.83% | 0.83% | |
| RUN | F | 1.42% | 0.57% | 0.57% | |
| SEDG | F | 1.02% | 0.53% | 0.53% | |
| SHLS | F | 1.45% | 1.0% | 1.0% |
FRNW Underweight 18 Positions Relative to PBD
FRNW: Top Represented Industries & Keywords
PBD: Top Represented Industries & Keywords
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