---
ticker: "FRNW"
name: "Fidelity Clean Energy ETF"
url: "https://etf.net/etf/FRNW"
grade: "A"
score: 76
graded_at: "2026-10-12"
category: "Clean Energy"
category_rank: "2 of 17"
methodology: "https://etf.net/methodology"
---

# FRNW: Fidelity Clean Energy ETF

Grade **A**, Score 76 of 100. Rank 2 of 17 in Clean Energy.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 94 | 2 of 17 |
| Mission | Not scored | — |
| Risk | 63 | 5 of 17 |
| Tradability | 61 | 6 of 17 |
| Holdings | 83 | 2 of 17 |
| Durability | 47 | 10 of 17 |

## Top holdings

The fund holds 66 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Securities Lending Cf | 6.60% |
| 2 | BE | Bloom Energy Corp Class A | 5.24% |
| 3 | GEV | Ge Vernova Inc | 5.05% |
| 4 | VWS.CO | Vestas Wind Systems As | 4.03% |
| 5 | EDP.LS | Edp S.a. | 3.93% |
| 6 | FSLR | First Solar Inc | 3.90% |
| 7 | NXT | Nextpower Inc | 3.69% |
| 8 | ORSTED.CO | Orsted A/S | 3.06% |
| 9 | ENLT.TA | Enlight Renewable Energy Ltd | 2.96% |
| 10 | VER.VI | Verbund AG | 2.79% |
| 11 | ANA.MC | Acciona SA | 2.65% |
| 12 | NDX1.DE | Nordex SE | 2.40% |
| 13 | NPI.TO | Northland Power Inc | 2.40% |
| 14 | ORA | Ormat Technologies Inc | 2.34% |
| 15 | ENPH | Enphase Energy Inc | 2.26% |
| 16 | MEL.NZ | Meridian Energy Ltd | 2.25% |
| 17 | BEPC.TO | Brookfield Renewable Corp | 2.24% |
| 18 | CWEN | Clearway Energy Inc Class C | 2.17% |
| 19 | 1816.HK | Cgn Power Co Ltd H | 2.14% |
| 20 | EOAN.DE | E.on SE | 1.95% |
| 21 | 0916.HK | China Longyuan Power Group H | 1.92% |
| 22 | DG.PA | Vinci SA | 1.91% |
| 23 | SHLS | Shoals Technologies Group Inc | 1.88% |
| 24 | EDPR.LS | Edp Renewables SA | 1.75% |
| 25 | LAND.SW | Landis+gyr Group AG | 1.73% |
| 26 | SEDG | Solaredge Technologies Inc | 1.71% |
| 27 | SCATC.OL | Scatec Asa | 1.64% |
| 28 | SLR.MC | Solaria Energia | 1.60% |
| 29 | 112610.KS | Cs Wind Corp | 1.59% |
| 30 | 2380.HK | China Power Intl Dev Ltd | 1.58% |

Source: etf.net, https://etf.net/etf/FRNW. Please cite the page URL.