FRNW vs FRTY
Comparison between FIDELITY CLEAN ENERGY ETF (FRNW, ETF) and ALGER MID CAP 40 ETF (FRTY, ETF).
5-Year PerformanceFRTY has outperformed FRNW, delivering a return of +3.1% compared to -0.9%
FRNW vs FRTY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
FRNW vs FRTY - Holdings Comparison
FRNW and FRTY have 1 common holdings. Overlap is 0.00%
FRNW's top 25 holdings weight is 74.34%. FRTY's top 25 holdings weight is 79.80%.
| Rank | FRNW | FRTY |
|---|---|---|
| #1 | n/a (n/a) - 7.14% | DREYFUS TRSY OBLIG CASH MGMT CL INS (n/a) - 6.70% |
| #2 | GE VERNOVA INC (GEV) - 5.78% | TWIST BIOSCIENCE CORP (TWST) - 4.89% |
| #3 | VESTAS WIND SYSTEMS AS (n/a) - 4.74% | WESTERN DIGITAL CORP (WDC) - 4.21% |
| #4 | BLOOM ENERGY CORP CLASS A (BE) - 4.01% | LIBERTY MEDIA CORP REGISTERED SHS SERIES -C- FORMULA ONE (FWONK) - 3.84% |
| #5 | EDP-ENERGIAS DE PORTUGAL SA (n/a) - 3.85% | VERTIV HOLDINGS CO CLASS A (VRT) - 3.64% |
| #6 | FIRST SOLAR INC (FSLR) - 3.70% | AXON ENTERPRISE INC (AXON) - 3.57% |
| #7 | NEXTPOWER INC CLASS A (NXT) - 3.22% | COMFORT SYSTEMS USA INC (FIX) - 3.49% |
| #8 | ENLIGHT RENEWABLE ENERGY LTD (n/a) - 3.12% | NEBIUS GROUP NV SHS CLASS-A- (NBIS) - 3.40% |
| #9 | ORSTED AS (n/a) - 3.09% | HEICO CORP CLASS A (HEI-A) - 3.35% |
| #10 | ACCIONA SA (n/a) - 2.74% | CLOUDFLARE INC (NET) - 3.31% |
| #11 | NORDEX SE AKT. NACH KAPITALHERABSETZUNG (n/a) - 2.61% | SANDISK CORP ORDINARY SHARES (SNDK) - 3.27% |
| #12 | VERBUND AG CLASS A (n/a) - 2.53% | MODINE MANUFACTURING CO (MOD) - 3.12% |
| #13 | ORMAT TECHNOLOGIES INC (ORA) - 2.41% | ASTERA LABS INC (ALAB) - 3.09% |
| #14 | E.ON SE (n/a) - 2.41% | REPLIGEN CORP (RGEN) - 3.07% |
| #15 | n/a (BEPC) - 2.36% | GUARDANT HEALTH INC (GH) - 3.02% |
| #16 | ITRON INC (ITRI) - 2.34% | FTAI AVIATION LTD (FTAI) - 2.89% |
| #17 | MERIDIAN ENERGY LTD (n/a) - 2.24% | RBC BEARINGS INC (RBC) - 2.80% |
| #18 | NORTHLAND POWER INC (n/a) - 2.21% | SYNOPSYS INC (SNPS) - 2.76% |
| #19 | VINCI SA (n/a) - 2.17% | ARROWHEAD PHARMACEUTICALS INC (ARWR) - 2.74% |
| #20 | CLEARWAY ENERGY INC CLASS C (CWEN) - 2.05% | SNOWFLAKE INC ORDINARY SHARES (SNOW) - 2.40% |
| #21 | EDP RENEWABLES SA (n/a) - 2.00% | BIOGEN INC (BIIB) - 2.32% |
| #22 | ENPHASE ENERGY INC (ENPH) - 1.96% | MONOLITHIC POWER SYSTEMS INC (MPWR) - 2.29% |
| #23 | MERCURY NZ LTD (n/a) - 1.95% | DATADOG INC CLASS A (DDOG) - 1.91% |
| #24 | BORALEX INC CLASS A (n/a) - 1.87% | ROKU INC CLASS A (ROKU) - 1.88% |
| #25 | n/a (n/a) - 1.84% | COHERENT CORP (COHR) - 1.84% |
| Total Holdings | 69 | 42 |
FRNW vs FRTY - Historical Returns
Returns include dividend reinvestment.
FRNW vs FRTY - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | FRNW | FRTY |
|---|---|---|
| 2026 | +9.70% | +5.52% |
| 2025 | +48.65% | +11.40% |
| 2024 | -19.59% | +40.62% |
| 2023 | -19.15% | +16.21% |
| 2022 | -12.49% | -42.24% |
| 2021 | -2.85% | +2.18% |
FRNW vs FRTY Drawdown Comparison
The maximum drawdown for FRNW was -59.37%, occurring on Apr 8, 2025. This drawdown has not yet recovered.
The maximum drawdown for FRTY was -53.10%, occurring on Oct 14, 2022. Recovery took 1144 trading sessions.
The current FRNW drawdown is -17.26%. The current FRTY drawdown is -8.80%.
| Rank | FRNW | FRTY |
|---|---|---|
| #1 | -59.37% Nov 1, 2021 - Apr 8, 2025 | -53.10% Nov 8, 2021 - Jun 2, 2026 |
| #2 | -1.71% Oct 7, 2021 - Oct 12, 2021 | -11.62% Apr 28, 2021 - Jun 24, 2021 |
| #3 | -1.39% Oct 21, 2021 - Oct 25, 2021 | -11.41% Jun 30, 2026 - Jul 20, 2026 |
| #4 | -0.52% Oct 25, 2021 - Oct 27, 2021 | -9.54% Sep 23, 2021 - Nov 1, 2021 |
| #5 | -0.26% Oct 28, 2021 - Nov 1, 2021 | -8.45% Mar 15, 2021 - Apr 26, 2021 |
| #6 | -0.19% Oct 15, 2021 - Oct 19, 2021 | -8.37% Jun 2, 2026 - Jun 18, 2026 |
| #7 | N/A | -7.52% Mar 1, 2021 - Mar 15, 2021 |
| #8 | N/A | -6.78% Jul 6, 2021 - Jul 28, 2021 |
| #9 | N/A | -3.02% Sep 7, 2021 - Sep 16, 2021 |
| #10 | N/A | -3.00% Aug 5, 2021 - Aug 12, 2021 |
| #11 | N/A | -2.89% Aug 12, 2021 - Aug 23, 2021 |
| #12 | N/A | -2.85% Jun 22, 2026 - Jun 29, 2026 |
| #13 | N/A | -2.57% Sep 17, 2021 - Sep 22, 2021 |
| #14 | N/A | -1.34% Jun 28, 2021 - Jul 6, 2021 |
| #15 | N/A | -1.22% Jul 29, 2021 - Aug 4, 2021 |
Correlation
Correlation between FRNW and FRTY is 0.26 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (2021 - 2026)
FRNW vs FRTY dividend yield comparison.
| Year | FRNW | FRTY |
|---|---|---|
| 2026 | 0.67% | 0.00% |
| 2025 | 1.25% | 0.19% |
| 2024 | 1.43% | 0.10% |
| 2023 | 1.30% | 0.00% |
| 2022 | 0.69% | 0.00% |
| 2021 | 0.04% | 5.35% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks