A $10,000 position in Fidelity Clean Energy ETF (NYSEARCA:FRNW) on the last trading day of 2025 was worth about $13,330 by the close on June 4, 2026, a 33% run in a little over five months.
The Fidelity Clean Energy ETF (NYSEARCA:FRNW) was built to give investors a single ticker for global companies generating at least 50% of revenue from clean energy distribution, equipment, and technology.
Could 2026 be the year of clean energy stocks? While renewables may not be as popular in the U.S. as in recent years, clean energy investing remains a durable, rewarding theme for investors.
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This fund focuses on investing in a diversified portfolio of companies that are significantly involved in the renewable energy sector. The primary investment strategy is to allocate at least 80% of its assets in securities that are part of a specifically defined index. This index comprises companies across various market capitalizations that are integral in producing, distributing, or supplying technology and equipment vital for generating energy from renewable sources such as solar, wind, hydrogen, etc. Given its targeted investment approach, the fund operates with a non-diversified status, concentrating its investments in the renewable energy sector to maximize potential returns from this rapidly evolving and expanding market.
The fund offers investment opportunities in the following categories, primarily focusing on the renewable energy sector: