Fidelity Clean Energy ETFFRNW
FRNW
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
47% more capital invested
Capital invested by funds: $781K [Q2] → $1.15M (+$365K) [Q3]
40% more funds holding
Funds holding: 10 [Q2] → 14 (+4) [Q3]
0.86% more ownership
Funds ownership: 3.09% [Q2] → 3.95% (+0.86%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FRNW.
Financial journalist opinion
Positive
Zacks Investment Research
7 months ago
Best-Performing ETFs From the Top Sector of May
After a dismal performance in the first four months, the renewable energy space showed a remarkable comeback in May driven by bullishness surrounding artificial intelligence (AI).
Negative
ETF Trends
10 months ago
A Detour on the Road to the Clean Energy Transition
Investors who piled into clean energy themes the last few years are experiencing some performance pain this year, as we appear to be experiencing a detour on the road to the clean energy transition. Related themes have been hard hit this year due to a confluence of events.
Positive
ETF Trends
1 year ago
Eye This Fidelity ETF Duo During Potential Rate Cuts
Despite 2023 producing some of the fastest rate hikes in decades, market participants are now actively discussing rate “cuts” in 2024. While the Fed continues to signal that they intend to hold firm until inflation comes down even more, potential rate cuts remain a significant possibility.
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