EDGU vs FRNW

Comparison between 3EDGE DYNAMIC US EQUITY ETF (EDGU, ETF) and FIDELITY CLEAN ENERGY ETF (FRNW, ETF).

EDGU vs FRNW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EDGU(ETF)	FRNW(ETF)
Net Assets	$154M	$154M
Expense Ratio	0.91%	0.39%
Max Drawdown	17.65%	60.67%
Sharpe Ratio	1.23	1.24
5Y Beta	0.87	0.88
P/E Ratio	N/A	-3.28
Forward P/E	N/A	19.26
PEG Ratio	N/A	-0.00
Debt to Equity	N/A	-148.85%
P/S Ratio	N/A	0.58
P/B Ratio	N/A	3.72

Net Assets

EDGU

$154M

Winner

FRNW

$154M

Expense Ratio

EDGU

0.91%

Winner

FRNW

0.39%

Max Drawdown

Winner

EDGU

17.65%

FRNW

60.67%

Sharpe Ratio

EDGU

1.23

Winner

FRNW

1.24

5Y Beta

Winner

EDGU

0.87

FRNW

0.88

P/E Ratio

EDGU

N/A

FRNW

-3.28

Forward P/E

EDGU

N/A

FRNW

19.26

PEG Ratio

EDGU

N/A

FRNW

-0.00

Debt to Equity

EDGU

N/A

FRNW

-148.85%

P/S Ratio

EDGU

N/A

FRNW

0.58

P/B Ratio

EDGU

N/A

FRNW

3.72

EDGU vs FRNW - Holdings Comparison

EDGU and FRNW have 0 common holdings. Overlap is 0.00%

EDGU's top 25 holdings weight is 100.00%. FRNW's top 25 holdings weight is 74.34%.

Rank	EDGU	FRNW
#1	STATE STREET®TECHSELSECTSPDR®ETF (XLK) - 22.42%	n/a (n/a) - 7.14%
#2	INVESCO QQQ TRUST (QQQ) - 13.50%	GE VERNOVA INC (GEV) - 5.78%
#3	STATE STREET®FINSELSECTSPDR®ETF (XLF) - 10.04%	VESTAS WIND SYSTEMS AS (n/a) - 4.74%
#4	STATE STREET® SPDR® PRTFLNSDQ®100ETF (QNDX) - 7.80%	BLOOM ENERGY CORP CLASS A (BE) - 4.01%
#5	AVANTIS US SMALL CAP VALUE ETF (AVUV) - 7.45%	EDP-ENERGIAS DE PORTUGAL SA (n/a) - 3.85%
#6	STATE STREET®HLTHCRSELSECTSPDR®ETF (XLV) - 7.29%	FIRST SOLAR INC (FSLR) - 3.70%
#7	STATE STREET® INDSTRLSELSECTSPDR®ETF (XLI) - 7.29%	NEXTPOWER INC CLASS A (NXT) - 3.22%
#8	STATE STREET® CNSMRDISCSELSECTSPDR®ETF (XLY) - 7.24%	ENLIGHT RENEWABLE ENERGY LTD (n/a) - 3.12%
#9	STATE STREET® COMMSERVSELSECTSPDR®ETF (XLC) - 6.71%	ORSTED AS (n/a) - 3.09%
#10	STATE STREET®CNSMRSTPSELSECTSPDR®ETF (XLP) - 3.70%	ACCIONA SA (n/a) - 2.74%
#11	STATE STREET®UTILSELSECTSPDR®ETF (XLU) - 1.82%	NORDEX SE AKT. NACH KAPITALHERABSETZUNG (n/a) - 2.61%
#12	STATE STREET®MATSELSECTSPDR®ETF (XLB) - 1.60%	VERBUND AG CLASS A (n/a) - 2.53%
#13	STATE STREET REAL ESTATE SEL SECTSPDRETF (XLRE) - 1.51%	ORMAT TECHNOLOGIES INC (ORA) - 2.41%
#14	STATE STREET®ENGYSELSECTSPDR®ETF (XLE) - 1.14%	E.ON SE (n/a) - 2.41%
#15	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.49%	n/a (BEPC) - 2.36%
#16	N/A	ITRON INC (ITRI) - 2.34%
#17	N/A	MERIDIAN ENERGY LTD (n/a) - 2.24%
#18	N/A	NORTHLAND POWER INC (n/a) - 2.21%
#19	N/A	VINCI SA (n/a) - 2.17%
#20	N/A	CLEARWAY ENERGY INC CLASS C (CWEN) - 2.05%
#21	N/A	EDP RENEWABLES SA (n/a) - 2.00%
#22	N/A	ENPHASE ENERGY INC (ENPH) - 1.96%
#23	N/A	MERCURY NZ LTD (n/a) - 1.95%
#24	N/A	BORALEX INC CLASS A (n/a) - 1.87%
#25	N/A	n/a (n/a) - 1.84%
Total Holdings	15	69

EDGU vs FRNW - Historical Returns

Returns include dividend reinvestment.

Period	EDGU	FRNW
1 month	-1.26%	-8.53%
3 months	+6.46%	-1.68%
6 months	+9.22%	+7.03%
1 year	+20.47%	+38.01%
5 years(CAGR)	N/A	-0.91%
Max(CAGR)	+14.53%	-0.91%

Winner

EDGU

-1.26%

FRNW

-8.53%

Winner

EDGU

+6.46%

FRNW

-1.68%

Winner

EDGU

+9.22%

FRNW

+7.03%

EDGU

+20.47%

Winner

FRNW

+38.01%

5Y(CAGR)

EDGU

N/A

FRNW

-0.91%

Max(CAGR)

Winner

EDGU

+14.53%

FRNW

-0.91%

EDGU vs FRNW - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	EDGU	FRNW
2026	+10.64%	+9.70%
2025	+15.03%	+48.65%
2024	+0.27%	-19.59%
2023	N/A	-19.15%
2022	N/A	-12.49%
2021	N/A	-2.85%

EDGU vs FRNW Drawdown Comparison

The maximum drawdown for EDGU was -17.58%, occurring on Apr 8, 2025. Recovery took 105 trading sessions.

The maximum drawdown for FRNW was -59.37%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current EDGU drawdown is -1.98%. The current FRNW drawdown is -17.26%.

Rank	EDGU	FRNW
#1	-17.58% Feb 19, 2025 - Jul 22, 2025	-59.37% Nov 1, 2021 - Apr 8, 2025
#2	-7.08% Feb 9, 2026 - Apr 16, 2026	-1.71% Oct 7, 2021 - Oct 12, 2021
#3	-6.25% Oct 28, 2025 - Jan 6, 2026	-1.39% Oct 21, 2021 - Oct 25, 2021
#4	-5.90% Dec 4, 2024 - Feb 18, 2025	-0.52% Oct 25, 2021 - Oct 27, 2021
#5	-4.27% Jun 2, 2026 - Jun 10, 2026	-0.26% Oct 28, 2021 - Nov 1, 2021
#6	-3.25% Oct 8, 2025 - Oct 24, 2025	-0.19% Oct 15, 2021 - Oct 19, 2021
#7	-3.10% Oct 18, 2024 - Nov 6, 2024	N/A
#8	-2.44% Nov 11, 2024 - Nov 26, 2024	N/A
#9	-2.37% Jul 25, 2025 - Aug 12, 2025	N/A
#10	-2.17% Jan 12, 2026 - Jan 27, 2026	N/A
#11	-2.01% Feb 2, 2026 - Feb 6, 2026	N/A
#12	-1.95% May 14, 2026 - May 22, 2026	N/A
#13	-1.67% Aug 28, 2025 - Sep 9, 2025	N/A
#14	-1.31% Aug 13, 2025 - Aug 22, 2025	N/A
#15	-1.27% Sep 22, 2025 - Oct 1, 2025	N/A