FRNW vs. PBW ETF Comparison
Comparison of Fidelity Clean Energy ETF (FRNW) to PowerShares WilderHill Clean Energy Portfolio (PBW)
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
PBW
PowerShares WilderHill Clean Energy Portfolio
PBW Description
The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$20.33
Average Daily Volume
332,008
54
Performance
Period | FRNW | PBW |
---|---|---|
30 Days | -4.63% | -1.27% |
60 Days | -9.73% | 5.77% |
90 Days | -7.76% | 1.17% |
12 Months | -5.75% | -21.47% |
15 Overlapping Holdings
Symbol | Grade | Weight in FRNW | Weight in PBW | Overlap | |
---|---|---|---|---|---|
AMRC | F | 1.37% | 1.13% | 1.13% | |
ARRY | F | 1.64% | 1.63% | 1.63% | |
BE | B | 2.69% | 3.13% | 2.69% | |
CSIQ | F | 1.36% | 1.3% | 1.3% | |
ENPH | F | 2.19% | 0.81% | 0.81% | |
FSLR | F | 3.95% | 1.34% | 1.34% | |
ITRI | C | 3.28% | 1.65% | 1.65% | |
JKS | F | 1.8% | 1.76% | 1.76% | |
NOVA | F | 0.53% | 0.48% | 0.48% | |
ORA | B | 2.79% | 1.73% | 1.73% | |
PLUG | F | 2.05% | 1.54% | 1.54% | |
RNW | D | 1.15% | 1.21% | 1.15% | |
RUN | F | 1.42% | 0.77% | 0.77% | |
SEDG | F | 1.02% | 0.8% | 0.8% | |
SHLS | F | 1.45% | 1.06% | 1.06% |
FRNW Underweight 39 Positions Relative to PBW
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | -2.25% | |
ACHR | B | -2.16% | |
XPEV | C | -2.14% | |
MYRG | B | -2.12% | |
AMSC | B | -2.12% | |
MP | C | -1.98% | |
ALB | B | -1.91% | |
SLI | D | -1.87% | |
AMPS | C | -1.79% | |
ESE | B | -1.74% | |
PWR | A | -1.73% | |
DAR | C | -1.69% | |
PLPC | B | -1.67% | |
SQM | D | -1.66% | |
JOBY | B | -1.63% | |
AEIS | C | -1.62% | |
ENVX | F | -1.6% | |
REX | D | -1.45% | |
FLNC | D | -1.44% | |
CTVA | C | -1.44% | |
EOSE | D | -1.42% | |
NIO | F | -1.4% | |
BELFB | C | -1.37% | |
RIVN | F | -1.36% | |
WOLF | F | -1.33% | |
THRM | F | -1.3% | |
QS | F | -1.28% | |
CHPT | F | -1.25% | |
OLED | F | -1.2% | |
SLDP | F | -1.1% | |
AMPX | C | -1.06% | |
FREY | B | -1.04% | |
MPWR | F | -1.01% | |
LNZA | F | -1.0% | |
WBX | F | -0.85% | |
PLL | C | -0.8% | |
TPIC | F | -0.77% | |
BLNK | F | -0.44% | |
SOL | F | -0.43% |
FRNW: Top Represented Industries & Keywords
PBW: Top Represented Industries & Keywords