FRNW vs IMOM

Comparison between FIDELITY CLEAN ENERGY ETF (FRNW, ETF) and ALPHA ARCHITECT INTERNATIONAL QUANTITATIVE MOMENTUM ETF (IMOM, ETF).

5-Year PerformanceIMOM has outperformed FRNW, delivering a return of +8.2% compared to +0.6%

FRNW vs IMOM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRNW(ETF)	IMOM(ETF)
Net Assets	$166M	$166M
Expense Ratio	0.39%	0.38%
Max Drawdown	60.67%	47.07%
Sharpe Ratio	1.83	1.58
5Y Beta	0.86	0.86
P/E Ratio	-3.55	N/A
Forward P/E	20.16	N/A
PEG Ratio	-0.00	N/A
5Y Dividends CAGR	N/A	53.23%
Debt to Equity	-146.48%	N/A
P/S Ratio	0.63	N/A
P/B Ratio	3.82	N/A

Net Assets

Winner

FRNW

$166M

IMOM

$166M

Expense Ratio

FRNW

0.39%

Winner

IMOM

0.38%

Max Drawdown

FRNW

60.67%

Winner

IMOM

47.07%

Sharpe Ratio

Winner

FRNW

1.83

IMOM

1.58

5Y Beta

FRNW

0.86

Winner

IMOM

0.86

P/E Ratio

FRNW

-3.55

IMOM

N/A

Forward P/E

FRNW

20.16

IMOM

N/A

PEG Ratio

FRNW

-0.00

IMOM

N/A

5Y Dividends CAGR

FRNW

N/A

IMOM

53.23%

Debt to Equity

FRNW

-146.48%

IMOM

N/A

P/S Ratio

FRNW

0.63

IMOM

N/A

P/B Ratio

FRNW

3.82

IMOM

N/A

FRNW vs IMOM - Holdings Comparison

FRNW and IMOM have 1 common holdings. Overlap is -0.01%

FRNW's top 25 holdings weight is 76.74%. IMOM's top 25 holdings weight is 51.80%.

Rank	FRNW	IMOM
#1	n/a (n/a) - 10.13%	TECHNOPROBE SPA (n/a) - 2.21%
#2	FIRST SOLAR INC (FSLR) - 4.71%	VERBIO SE (n/a) - 2.19%
#3	BLOOM ENERGY CORP CLASS A (BE) - 4.65%	GLENCORE PLC (n/a) - 2.17%
#4	GE VERNOVA INC (GEV) - 4.51%	CODAN LTD (n/a) - 2.15%
#5	VESTAS WIND SYSTEMS AS (n/a) - 4.35%	AURUBIS AG (n/a) - 2.15%
#6	NEXTPOWER INC CLASS A (NXT) - 3.78%	PLS GROUP LTD (n/a) - 2.12%
#7	ENLIGHT RENEWABLE ENERGY LTD (n/a) - 3.37%	REPSOL SA (n/a) - 2.11%
#8	ENPHASE ENERGY INC (ENPH) - 3.22%	BHP GROUP LTD (n/a) - 2.10%
#9	EDP-ENERGIAS DE PORTUGAL SA (n/a) - 3.07%	MILLICOM INTERNATIONAL CELLULAR SA (TIGO) - 2.09%
#10	ORSTED AS (n/a) - 3.02%	ABB LTD (n/a) - 2.08%
#11	SOLAREDGE TECHNOLOGIES INC (SEDG) - 2.80%	WOODSIDE ENERGY GROUP LTD (n/a) - 2.07%
#12	ORMAT TECHNOLOGIES INC (ORA) - 2.76%	RIO TINTO LTD (n/a) - 2.07%
#13	ACCIONA SA (n/a) - 2.47%	TOKYO ELECTRON LTD (n/a) - 2.06%
#14	DOOSAN FUEL CELL ORDINARY SHARES (n/a) - 2.35%	ENLIGHT RENEWABLE ENERGY LTD (n/a) - 2.06%
#15	PLUG POWER INC (PLUG) - 2.15%	KEPPEL LTD (n/a) - 2.04%
#16	NORDEX SE AKT. NACH KAPITALHERABSETZUNG (n/a) - 2.11%	ROHM CO LTD (n/a) - 2.03%
#17	VERBUND AG CLASS A (n/a) - 2.02%	SOLARIA ENERGIA Y MEDIO AMBIENTE SA (n/a) - 2.03%
#18	CLEARWAY ENERGY INC CLASS C (CWEN) - 1.97%	SCREEN HOLDINGS CO LTD (n/a) - 2.03%
#19	n/a (SHLS) - 1.95%	VESTAS WIND SYSTEMS AS (n/a) - 2.02%
#20	n/a (BEPC) - 1.94%	RWE AG CLASS A (n/a) - 2.02%
#21	NORTHLAND POWER INC (n/a) - 1.94%	ZEGONA COMMUNICATIONS PLC (n/a) - 2.01%
#22	SMA SOLAR TECHNOLOGY AG (n/a) - 1.93%	ENEOS HOLDINGS INC (n/a) - 2.00%
#23	SUNRUN INC (RUN) - 1.91%	ELBIT SYSTEMS LTD (n/a) - 2.00%
#24	MERIDIAN ENERGY LTD (n/a) - 1.88%	ANRITSU CORP (n/a) - 2.00%
#25	BORALEX INC CLASS A (n/a) - 1.75%	ACCIONA SA (n/a) - 1.99%
Total Holdings	68	55

FRNW vs IMOM - Historical Returns

Returns include dividend reinvestment.

Period	FRNW	IMOM
1 month	-3.51%	-2.30%
3 months	+10.36%	+8.10%
6 months	+22.47%	+18.53%
1 year	+63.31%	+39.14%
5 years(CAGR)	+0.61%	+8.17%
10 years(CAGR)	N/A	+7.81%
Max(CAGR)	+0.61%	+7.82%

FRNW

-3.51%

Winner

IMOM

-2.30%

Winner

FRNW

+10.36%

IMOM

+8.10%

Winner

FRNW

+22.47%

IMOM

+18.53%

Winner

FRNW

+63.31%

IMOM

+39.14%

5Y(CAGR)

FRNW

+0.61%

Winner

IMOM

+8.17%

10Y(CAGR)

FRNW

N/A

IMOM

+7.81%

Max(CAGR)

FRNW

+0.61%

Winner

IMOM

+7.82%

FRNW vs IMOM - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FRNW	IMOM
2026	+17.90%	+14.58%
2025	+48.65%	+46.80%
2024	-19.59%	+6.38%
2023	-19.15%	+9.92%
2022	-12.49%	-22.11%
2021	-2.85%	-2.16%
2020	N/A	+26.49%
2019	N/A	+18.49%
2018	N/A	-23.45%
2017	N/A	+33.06%
2016	N/A	-8.55%

FRNW vs IMOM 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 IMOM was -45.70%, occurring on Mar 18, 2020. Recovery took 716 trading sessions.

The current FRNW drawdown is -11.08%. The current IMOM drawdown is -3.90%.

Rank	FRNW	IMOM
#1	-59.37% Nov 1, 2021 - Apr 8, 2025	-45.70% Jan 29, 2018 - Dec 1, 2020
#2	-1.71% Oct 7, 2021 - Oct 12, 2021	-39.27% Sep 15, 2021 - Jun 24, 2025
#3	-1.39% Oct 21, 2021 - Oct 25, 2021	-16.48% Jul 29, 2016 - Jun 2, 2017
#4	-0.52% Oct 25, 2021 - Oct 27, 2021	-16.22% Feb 16, 2021 - Sep 7, 2021
#5	-0.26% Oct 28, 2021 - Nov 1, 2021	-15.61% Feb 25, 2026 - May 6, 2026
#6	-0.19% Oct 15, 2021 - Oct 19, 2021	-14.05% Jan 4, 2016 - Apr 4, 2016
#7	N/A	-9.10% May 26, 2026 - Jun 10, 2026
#8	N/A	-5.71% Jun 20, 2016 - Jul 1, 2016
#9	N/A	-5.57% Jan 25, 2021 - Feb 9, 2021
#10	N/A	-4.92% Jan 27, 2026 - Feb 9, 2026
#11	N/A	-4.74% Nov 24, 2017 - Jan 3, 2018
#12	N/A	-4.30% May 13, 2026 - May 26, 2026
#13	N/A	-4.17% Nov 13, 2025 - Dec 10, 2025
#14	N/A	-4.15% Jun 8, 2017 - Jul 19, 2017
#15	N/A	-3.92% Oct 6, 2025 - Nov 10, 2025

Correlation

Correlation between FRNW and IMOM is 0.33 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.33

-101

Dividend Comparison (2016 - 2026)

FRNW vs IMOM dividend yield comparison.

Year	FRNW	IMOM
2026	0.06%	0.00%
2025	1.25%	2.53%
2024	1.43%	4.52%
2023	1.30%	2.95%
2022	0.69%	6.06%
2021	0.04%	1.27%
2020	0.00%	0.59%
2019	0.00%	1.17%
2018	0.00%	0.78%
2017	0.00%	1.11%
2016	0.00%	0.54%