FRTY vs FRNW
Comparison between ALGER MID CAP 40 ETF (FRTY, ETF) and FIDELITY CLEAN ENERGY ETF (FRNW, ETF).
5-Year PerformanceFRTY has outperformed FRNW, delivering a return of +2.7% compared to -1.1%
FRTY vs FRNW - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
FRTY vs FRNW - Holdings Comparison
FRTY and FRNW have 1 common holdings. Overlap is 0.00%
FRTY's top 25 holdings weight is 79.80%. FRNW's top 25 holdings weight is 74.34%.
| Rank | FRTY | FRNW |
|---|---|---|
| #1 | DREYFUS TRSY OBLIG CASH MGMT CL INS (n/a) - 6.70% | n/a (n/a) - 7.14% |
| #2 | TWIST BIOSCIENCE CORP (TWST) - 4.89% | GE VERNOVA INC (GEV) - 5.78% |
| #3 | WESTERN DIGITAL CORP (WDC) - 4.21% | VESTAS WIND SYSTEMS AS (n/a) - 4.74% |
| #4 | LIBERTY MEDIA CORP REGISTERED SHS SERIES -C- FORMULA ONE (FWONK) - 3.84% | BLOOM ENERGY CORP CLASS A (BE) - 4.01% |
| #5 | VERTIV HOLDINGS CO CLASS A (VRT) - 3.64% | EDP-ENERGIAS DE PORTUGAL SA (n/a) - 3.85% |
| #6 | AXON ENTERPRISE INC (AXON) - 3.57% | FIRST SOLAR INC (FSLR) - 3.70% |
| #7 | COMFORT SYSTEMS USA INC (FIX) - 3.49% | NEXTPOWER INC CLASS A (NXT) - 3.22% |
| #8 | NEBIUS GROUP NV SHS CLASS-A- (NBIS) - 3.40% | ENLIGHT RENEWABLE ENERGY LTD (n/a) - 3.12% |
| #9 | HEICO CORP CLASS A (HEI-A) - 3.35% | ORSTED AS (n/a) - 3.09% |
| #10 | CLOUDFLARE INC (NET) - 3.31% | ACCIONA SA (n/a) - 2.74% |
| #11 | SANDISK CORP ORDINARY SHARES (SNDK) - 3.27% | NORDEX SE AKT. NACH KAPITALHERABSETZUNG (n/a) - 2.61% |
| #12 | MODINE MANUFACTURING CO (MOD) - 3.12% | VERBUND AG CLASS A (n/a) - 2.53% |
| #13 | ASTERA LABS INC (ALAB) - 3.09% | ORMAT TECHNOLOGIES INC (ORA) - 2.41% |
| #14 | REPLIGEN CORP (RGEN) - 3.07% | E.ON SE (n/a) - 2.41% |
| #15 | GUARDANT HEALTH INC (GH) - 3.02% | n/a (BEPC) - 2.36% |
| #16 | FTAI AVIATION LTD (FTAI) - 2.89% | ITRON INC (ITRI) - 2.34% |
| #17 | RBC BEARINGS INC (RBC) - 2.80% | MERIDIAN ENERGY LTD (n/a) - 2.24% |
| #18 | SYNOPSYS INC (SNPS) - 2.76% | NORTHLAND POWER INC (n/a) - 2.21% |
| #19 | ARROWHEAD PHARMACEUTICALS INC (ARWR) - 2.74% | VINCI SA (n/a) - 2.17% |
| #20 | SNOWFLAKE INC ORDINARY SHARES (SNOW) - 2.40% | CLEARWAY ENERGY INC CLASS C (CWEN) - 2.05% |
| #21 | BIOGEN INC (BIIB) - 2.32% | EDP RENEWABLES SA (n/a) - 2.00% |
| #22 | MONOLITHIC POWER SYSTEMS INC (MPWR) - 2.29% | ENPHASE ENERGY INC (ENPH) - 1.96% |
| #23 | DATADOG INC CLASS A (DDOG) - 1.91% | MERCURY NZ LTD (n/a) - 1.95% |
| #24 | ROKU INC CLASS A (ROKU) - 1.88% | BORALEX INC CLASS A (n/a) - 1.87% |
| #25 | COHERENT CORP (COHR) - 1.84% | n/a (n/a) - 1.84% |
| Total Holdings | 42 | 69 |
FRTY vs FRNW - Historical Returns
Returns include dividend reinvestment.
FRTY vs FRNW - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | FRTY | FRNW |
|---|---|---|
| 2026 | +5.33% | +8.66% |
| 2025 | +11.40% | +48.65% |
| 2024 | +40.62% | -19.59% |
| 2023 | +16.21% | -19.15% |
| 2022 | -42.24% | -12.49% |
| 2021 | +2.18% | -2.85% |
FRTY vs FRNW Drawdown Comparison
The maximum drawdown for FRTY was -53.10%, occurring on Oct 14, 2022. Recovery took 1144 trading sessions.
The maximum drawdown for FRNW was -59.37%, occurring on Apr 8, 2025. This drawdown has not yet recovered.
The current FRTY drawdown is -8.96%. The current FRNW drawdown is -18.05%.
| Rank | FRTY | FRNW |
|---|---|---|
| #1 | -53.10% Nov 8, 2021 - Jun 2, 2026 | -59.37% Nov 1, 2021 - Apr 8, 2025 |
| #2 | -11.62% Apr 28, 2021 - Jun 24, 2021 | -1.71% Oct 7, 2021 - Oct 12, 2021 |
| #3 | -11.41% Jun 30, 2026 - Jul 20, 2026 | -1.39% Oct 21, 2021 - Oct 25, 2021 |
| #4 | -9.54% Sep 23, 2021 - Nov 1, 2021 | -0.52% Oct 25, 2021 - Oct 27, 2021 |
| #5 | -8.45% Mar 15, 2021 - Apr 26, 2021 | -0.26% Oct 28, 2021 - Nov 1, 2021 |
| #6 | -8.37% Jun 2, 2026 - Jun 18, 2026 | -0.19% Oct 15, 2021 - Oct 19, 2021 |
| #7 | -7.52% Mar 1, 2021 - Mar 15, 2021 | N/A |
| #8 | -6.78% Jul 6, 2021 - Jul 28, 2021 | N/A |
| #9 | -3.02% Sep 7, 2021 - Sep 16, 2021 | N/A |
| #10 | -3.00% Aug 5, 2021 - Aug 12, 2021 | N/A |
| #11 | -2.89% Aug 12, 2021 - Aug 23, 2021 | N/A |
| #12 | -2.85% Jun 22, 2026 - Jun 29, 2026 | N/A |
| #13 | -2.57% Sep 17, 2021 - Sep 22, 2021 | N/A |
| #14 | -1.34% Jun 28, 2021 - Jul 6, 2021 | N/A |
| #15 | -1.22% Jul 29, 2021 - Aug 4, 2021 | N/A |
Correlation
Correlation between FRTY and FRNW is 0.26 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (2021 - 2026)
FRTY vs FRNW dividend yield comparison.
| Year | FRTY | FRNW |
|---|---|---|
| 2026 | 0.00% | 0.67% |
| 2025 | 0.19% | 1.25% |
| 2024 | 0.10% | 1.43% |
| 2023 | 0.00% | 1.30% |
| 2022 | 0.00% | 0.69% |
| 2021 | 5.35% | 0.04% |
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