Fidelity Clean Energy ETF (FRNW) Holdings
FRNW holdings summary
as of Oct 25, 2026- Holdings
- 50 positions listed
- Top 10 weight
- 37.0% of net assets
- Effective holdings
- 40 equal-weight equivalent
- Largest holding
- BE 4.46% Bloom Energy Corporation
- Annual turnover
- 35.8% of the portfolio traded
All FRNW holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | BE | Bloom Energy Corporation | Industrials | 4.46% | $3.7M | $65.18B | 291.2 |
| 2 | VWS | Vestas Wind Systems A/S | Industrials | 4.44% | $3.7M | — | — |
| 3 | GEV | GE Vernova Inc. | Industrials | 4.20% | $3.5M | $245.35B | 26.4 |
| 4 | EDP | EDP - Energias de Portugal S.A. | Utilities | 4.20% | $3.5M | — | — |
| 5 | FSLR | First Solar, Inc. | Technology | 4.07% | $3.4M | $18.55B | 10.6 |
| 6 | NXT | Nextracker Inc. | Technology | 3.55% | $3.0M | $12.30B | 20.7 |
| 7 | ENLT | Enlight Renewable Energy Ltd | Utilities | 3.22% | $2.7M | — | — |
| 8 | ORSTED | Orsted A/S | Utilities | 3.13% | $2.6M | — | — |
| 9 | VER | VERBUND AG | Utilities | 3.09% | $2.6M | — | — |
| 10 | ANA | Acciona | Industrials | 2.68% | $2.2M | — | — |
| 11 | ORA | Ormat Technologies, Inc. | Utilities | 2.57% | $2.2M | $5.49B | 43.8 |
| 12 | MEL | Meridian Energy Ltd | Utilities | 2.56% | $2.1M | — | — |
| 13 | NPI | Northland Power Inc. | Utilities | 2.55% | $2.1M | — | — |
| 14 | NDX1 | Nordex SE | Industrials | 2.54% | $2.1M | — | — |
| 15 | CWEN | Clearway Energy, Inc. | Utilities | 2.51% | $2.1M | $7.38B | 38.9 |
| 16 | BEPC | Brookfield Renewable Corporation | Utilities | 2.39% | $2.0M | $5.32B | — |
| 17 | EOAN | E.ON SE | Utilities | 2.32% | $1.9M | — | — |
| 18 | 1816 | CGN Power | Utilities | 2.24% | $1.9M | — | — |
| 19 | ENPH | Enphase Energy, Inc. | Technology | 2.20% | $1.8M | $4.05B | 30.6 |
| 20 | DG | Vinci S.A. | Industrials | 1.95% | $1.6M | — | — |
| 21 | 0916 | China Longyuan Power Group Corp Ltd | Utilities | 1.87% | $1.6M | — | — |
| 22 | EDPR | EDP Renovaveis | Utilities | 1.83% | $1.5M | — | — |
| 23 | LAND | Landis+Gyr Group AG | Industrials | 1.81% | $1.5M | — | — |
| 24 | SEDG | SolarEdge Technologies, Inc. | Technology | 1.81% | $1.5M | $1.93B | — |
| 25 | CADLR | Cadeler As | Industrials | 1.78% | $1.5M | — | — |
| 26 | SHLS | Shoals Technologies Group, Inc. | Technology | 1.72% | $1.4M | $1.21B | 37.7 |
| 27 | 2380 | China Power International Development Ltd | Utilities | 1.66% | $1.4M | — | — |
| 28 | RUN | Sunrun Inc. | Technology | 1.65% | $1.4M | $1.76B | 4.9 |
| 29 | MCY | Mercury NZ Limited | Utilities | 1.57% | $1.3M | — | — |
| 30 | SLR | Solaria Energía y Medio Ambiente S.A | Utilities | 1.52% | $1.3M | — | — |
| 31 | ERG | ERG S.p.A | Utilities | 1.51% | $1.3M | — | — |
| 32 | 2208 | Xinjiang Goldwind Science & Technology Co Ltd | Industrials | 1.45% | $1.2M | — | — |
| 33 | RNW | ReNew Energy Global Plc | Utilities | 1.39% | $1.2M | $2.51B | 20.8 |
| 34 | 0968 | Xinyi Solar Holdings Ltd | Technology | 1.36% | $1.1M | — | — |
| 35 | 112610 | CS Wind Corp | Industrials | 1.35% | $1.1M | — | — |
| 36 | SCATC | Scatec Solar OL | Utilities | 1.32% | $1.1M | — | — |
| 37 | MWH | SOLV Energy, Inc. | Utilities | 1.29% | $1.1M | $4.85B | 54.5 |
| 38 | S92 | SMA Solar Technology AG | Technology | 1.26% | $1.1M | — | — |
| 39 | PLUG | Plug Power Inc. | Industrials | 1.15% | $964,446.79 | $1.93B | — |
| 40 | 475150 | SK ETERNIX CO LT | Utilities | 1.12% | $934,574.54 | — | — |
| 41 | AMRC | Ameresco, Inc. | Industrials | 1.10% | $923,529.34 | $1.03B | 36.8 |
| 42 | GRE | Grenergy Renovables S.A | Industrials | 1.03% | $859,433.71 | — | — |
| 43 | VBK | VERBIO Vereinigte BioEnergie AG | Basic Materials | 1.01% | $842,112.83 | — | — |
| 44 | 6865 | Flat Glass Group Co Ltd | Technology | 0.94% | $784,376.56 | — | — |
| 45 | 1407 | West Holdings Corp | Utilities | 0.93% | $782,033.63 | — | — |
| 46 | ARRY | Array Technologies, Inc. | Technology | 0.89% | $742,287.65 | $527.6M | — |
| 47 | CSIQ | Canadian Solar Inc. | Technology | 0.85% | $710,072.48 | $666.1M | — |
| 48 | 9519 | Renova Inc | Utilities | 0.77% | $645,893.18 | — | — |
| 49 | FREY | FREYR Battery SA | Industrials | 0.75% | $625,476.29 | — | — |
| 50 | JKS | JinkoSolar Holding Co., Ltd. | Technology | 0.65% | $545,984.32 | $425.2M | — |
Weights as a percentage of net assets. Value held = weight × net assets ($83.7M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
FRNW sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Utilities | 47.6% | 23 | EDP, ENLT, ORSTED |
| Industrials | 30.7% | 14 | BE, VWS, GEV |
| Technology | 20.9% | 12 | FSLR, NXT, ENPH |
| Basic Materials | 1.0% | 1 | VBK |
Sum of the weights of the holdings in each sector.
FRNW top industries
FRNW overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 0.6% | 35 of 8,035 | 0.05% |
| VTI | Vanguard Total Stock Market ETF | 0.6% | 17 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.5% | 4 of 502 | 0.09% |
| IWM | iShares Russell 2000 ETF | 0.5% | 9 of 1,962 | 0.19% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the FRNW portfolio
Fidelity Clean Energy ETF holds 50 positions. The ten largest make up 37.0% of the fund, so it behaves like a portfolio of about 40 equally weighted positions. The biggest positions are Bloom Energy Corporation (4.46%), Vestas Wind Systems A/S (4.44%), GE Vernova Inc. (4.20%), EDP - Energias de Portugal S.A. (4.20%), First Solar, Inc. (4.07%).
By sector, Utilities is 47.6%, Industrials is 30.7%, Technology is 20.9%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: FRNW chart, FRNW performance, FRNW dividends, FRNW overview.
FRNW holdings FAQ
How many holdings does FRNW have?
FRNW holds 50 positions as of October 25, 2026.
What are the top 10 holdings of FRNW?
The ten largest holdings are Bloom Energy Corporation (4.46%), Vestas Wind Systems A/S (4.44%), GE Vernova Inc. (4.20%), EDP - Energias de Portugal S.A. (4.20%), First Solar, Inc. (4.07%), Nextracker Inc. (3.55%), Enlight Renewable Energy Ltd (3.22%), Orsted A/S (3.13%), VERBUND AG (3.09%), Acciona (2.68%). Together they are 37.0% of the fund.
What percentage of FRNW is Bloom Energy Corporation?
Bloom Energy Corporation is the largest holding at 4.46% of net assets, about $3.7M of the fund's $83.7M.
Which sector is the largest in FRNW?
Utilities is the largest sector at 47.6%, followed by Industrials (30.7%) and Technology (20.9%), based on the sectors of the individual holdings.
How concentrated is FRNW?
The top 10 holdings are 37.0% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) FRNW behaves like a portfolio of about 40 equally weighted positions.