FTNJ vs FRNW

Comparison between Franklin New Jersey Municipal Income ETF (FTNJ, ETF) and FIDELITY CLEAN ENERGY ETF (FRNW, ETF).

FTNJ vs FRNW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTNJ(ETF)	FRNW(ETF)
Net Assets	$166M	$166M
Expense Ratio	0.35%	0.39%
Max Drawdown	2.98%	60.67%
Sharpe Ratio	0.02	1.83
5Y Beta	0.10	0.86
P/E Ratio	N/A	-3.55
Forward P/E	N/A	20.16
PEG Ratio	N/A	-0.00
Debt to Equity	N/A	-146.48%
P/S Ratio	N/A	0.63
P/B Ratio	N/A	3.82

Net Assets

FTNJ

$166M

Winner

FRNW

$166M

Expense Ratio

Winner

FTNJ

0.35%

FRNW

0.39%

Max Drawdown

Winner

FTNJ

2.98%

FRNW

60.67%

Sharpe Ratio

FTNJ

0.02

Winner

FRNW

1.83

5Y Beta

Winner

FTNJ

0.10

FRNW

0.86

P/E Ratio

FTNJ

N/A

FRNW

-3.55

Forward P/E

FTNJ

N/A

FRNW

20.16

PEG Ratio

FTNJ

N/A

FRNW

-0.00

Debt to Equity

FTNJ

N/A

FRNW

-146.48%

P/S Ratio

FTNJ

N/A

FRNW

0.63

P/B Ratio

FTNJ

N/A

FRNW

3.82

FTNJ vs FRNW - Historical Returns

Returns include dividend reinvestment.

Period	FTNJ	FRNW
1 month	+0.69%	-3.51%
3 months	+1.47%	+10.36%
6 months	+2.17%	+22.47%
1 year	N/A	+63.31%
5 years(CAGR)	N/A	+0.61%
Max(CAGR)	+3.79%	+0.61%

Winner

FTNJ

+0.69%

FRNW

-3.51%

FTNJ

+1.47%

Winner

FRNW

+10.36%

FTNJ

+2.17%

Winner

FRNW

+22.47%

FTNJ

N/A

FRNW

+63.31%

5Y(CAGR)

FTNJ

N/A

FRNW

+0.61%

Max(CAGR)

Winner

FTNJ

+3.79%

FRNW

+0.61%

FTNJ vs FRNW - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FTNJ	FRNW
2026	+1.80%	+17.90%
2025	+0.34%	+48.65%
2024	N/A	-19.59%
2023	N/A	-19.15%
2022	N/A	-12.49%
2021	N/A	-2.85%

FTNJ vs FRNW Drawdown Comparison

The maximum drawdown for FTNJ was -2.72%, occurring on Mar 27, 2026. Recovery took 68 trading sessions.

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

The current FTNJ drawdown is -0.17%. The current FRNW drawdown is -11.08%.

Rank	FTNJ	FRNW
#1	-2.72% Feb 26, 2026 - Jun 4, 2026	-59.37% Nov 1, 2021 - Apr 8, 2025
#2	-0.67% Nov 11, 2025 - Dec 29, 2025	-1.71% Oct 7, 2021 - Oct 12, 2021
#3	-0.40% Jan 15, 2026 - Jan 26, 2026	-1.39% Oct 21, 2021 - Oct 25, 2021
#4	-0.28% Jun 4, 2026 - Jun 10, 2026	-0.52% Oct 25, 2021 - Oct 27, 2021
#5	-0.23% Jan 28, 2026 - Feb 2, 2026	-0.26% Oct 28, 2021 - Nov 1, 2021
#6	-0.23% Feb 5, 2026 - Feb 10, 2026	-0.19% Oct 15, 2021 - Oct 19, 2021
#7	-0.23% Feb 17, 2026 - Feb 23, 2026	N/A
#8	-0.14% Dec 29, 2025 - Jan 2, 2026	N/A
#9	-0.11% Jan 9, 2026 - Jan 15, 2026	N/A
#10	-0.06% Jan 26, 2026 - Jan 28, 2026	N/A