GKAT vs FRNW

Comparison between SCHARF GLOBAL OPPORTUNITY ETF (GKAT, ETF) and FIDELITY CLEAN ENERGY ETF (FRNW, ETF).

GKAT vs FRNW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GKAT(ETF)	FRNW(ETF)
Net Assets	$166M	$166M
Expense Ratio	0.59%	0.39%
Max Drawdown	10.41%	60.67%
Sharpe Ratio	1.17	1.83
5Y Beta	0.68	0.86
P/E Ratio	16.33	-3.55
Forward P/E	15.11	20.16
PEG Ratio	0.47	-0.00
Debt to Equity	17.13%	-146.48%
P/S Ratio	N/A	0.63
P/B Ratio	N/A	3.82

Net Assets

GKAT

$166M

Winner

FRNW

$166M

Expense Ratio

GKAT

0.59%

Winner

FRNW

0.39%

Max Drawdown

Winner

GKAT

10.41%

FRNW

60.67%

Sharpe Ratio

GKAT

1.17

Winner

FRNW

1.83

5Y Beta

Winner

GKAT

0.68

FRNW

0.86

P/E Ratio

GKAT

16.33

Winner

FRNW

-3.55

Forward P/E

Winner

GKAT

15.11

FRNW

20.16

PEG Ratio

GKAT

0.47

Winner

FRNW

-0.00

Debt to Equity

GKAT

17.13%

Winner

FRNW

-146.48%

P/S Ratio

GKAT

N/A

FRNW

0.63

P/B Ratio

GKAT

N/A

FRNW

3.82

GKAT vs FRNW - Holdings Comparison

GKAT and FRNW have 1 common holdings. Overlap is 0.00%

GKAT's top 25 holdings weight is 70.70%. FRNW's top 25 holdings weight is 76.74%.

Rank	GKAT	FRNW
#1	BROOKFIELD CORP REGISTERED SHS -A- LIMITED VTG (n/a) - 6.22%	n/a (n/a) - 10.13%
#2	FRANCO-NEVADA CORP (n/a) - 4.72%	FIRST SOLAR INC (FSLR) - 4.71%
#3	MCKESSON CORP (MCK) - 4.47%	BLOOM ENERGY CORP CLASS A (BE) - 4.65%
#4	SAMSUNG ELECTRONICS CO LTD (n/a) - 4.22%	GE VERNOVA INC (GEV) - 4.51%
#5	UNION PACIFIC CORP (UNP) - 4.03%	VESTAS WIND SYSTEMS AS (n/a) - 4.35%
#6	NOVARTIS AG ADR (NVS) - 4.03%	NEXTPOWER INC CLASS A (NXT) - 3.78%
#7	MICROSOFT CORP (MSFT) - 3.92%	ENLIGHT RENEWABLE ENERGY LTD (n/a) - 3.37%
#8	ASTRAZENECA PLC ADR (AZN) - 3.87%	ENPHASE ENERGY INC (ENPH) - 3.22%
#9	HEINEKEN NV ADR (HEINY) - 3.77%	EDP-ENERGIAS DE PORTUGAL SA (n/a) - 3.07%
#10	FISERV INC (FISV) - 3.50%	ORSTED AS (n/a) - 3.02%
#11	HALEON PLC ADR (HLN) - 3.14%	SOLAREDGE TECHNOLOGIES INC (SEDG) - 2.80%
#12	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 2.94%	ORMAT TECHNOLOGIES INC (ORA) - 2.76%
#13	CME GROUP INC CLASS A (CME) - 2.92%	ACCIONA SA (n/a) - 2.47%
#14	CHUBB LTD (CB) - 2.88%	DOOSAN FUEL CELL ORDINARY SHARES (n/a) - 2.35%
#15	MARKEL GROUP INC (MKL) - 2.88%	PLUG POWER INC (PLUG) - 2.15%
#16	OCCIDENTAL PETROLEUM CORP (OXY) - 2.75%	NORDEX SE AKT. NACH KAPITALHERABSETZUNG (n/a) - 2.11%
#17	ZOETIS INC CLASS A (ZTS) - 2.69%	VERBUND AG CLASS A (n/a) - 2.02%
#18	THE WALT DISNEY CO (DIS) - 2.69%	CLEARWAY ENERGY INC CLASS C (CWEN) - 1.97%
#19	ORACLE CORP (ORCL) - 2.54%	n/a (SHLS) - 1.95%
#20	SONY GROUP CORP ADR (SONY) - 2.52%	n/a (BEPC) - 1.94%
#21	N/A	NORTHLAND POWER INC (n/a) - 1.94%
#22	N/A	SMA SOLAR TECHNOLOGY AG (n/a) - 1.93%
#23	N/A	SUNRUN INC (RUN) - 1.91%
#24	N/A	MERIDIAN ENERGY LTD (n/a) - 1.88%
#25	N/A	BORALEX INC CLASS A (n/a) - 1.75%
Total Holdings	20	68

GKAT vs FRNW - Historical Returns

Returns include dividend reinvestment.

Period	GKAT	FRNW
1 month	+2.27%	-3.51%
3 months	+6.94%	+10.36%
6 months	+9.69%	+22.47%
1 year	N/A	+63.31%
5 years(CAGR)	N/A	+0.61%
Max(CAGR)	+18.85%	+0.61%

Winner

GKAT

+2.27%

FRNW

-3.51%

GKAT

+6.94%

Winner

FRNW

+10.36%

GKAT

+9.69%

Winner

FRNW

+22.47%

GKAT

N/A

FRNW

+63.31%

5Y(CAGR)

GKAT

N/A

FRNW

+0.61%

Max(CAGR)

Winner

GKAT

+18.85%

FRNW

+0.61%

GKAT vs FRNW - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	GKAT	FRNW
2026	+7.89%	+17.90%
2025	+6.04%	+48.65%
2024	N/A	-19.59%
2023	N/A	-19.15%
2022	N/A	-12.49%
2021	N/A	-2.85%

GKAT vs FRNW Drawdown Comparison

The maximum drawdown for GKAT was -10.41%, occurring on Mar 27, 2026. Recovery took 61 trading sessions.

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

The current GKAT drawdown is -2.31%. The current FRNW drawdown is -11.08%.

Rank	GKAT	FRNW
#1	-10.41% Mar 2, 2026 - May 28, 2026	-59.37% Nov 1, 2021 - Apr 8, 2025
#2	-5.53% Oct 6, 2025 - Dec 22, 2025	-1.71% Oct 7, 2021 - Oct 12, 2021
#3	-3.53% Jun 1, 2026 - Jun 10, 2026	-1.39% Oct 21, 2021 - Oct 25, 2021
#4	-2.59% Jan 6, 2026 - Jan 23, 2026	-0.52% Oct 25, 2021 - Oct 27, 2021
#5	-2.40% Jan 28, 2026 - Feb 11, 2026	-0.26% Oct 28, 2021 - Nov 1, 2021
#6	-1.02% Dec 30, 2025 - Jan 5, 2026	-0.19% Oct 15, 2021 - Oct 19, 2021
#7	-0.96% Sep 11, 2025 - Sep 22, 2025	N/A
#8	-0.91% Feb 11, 2026 - Feb 18, 2026	N/A
#9	-0.69% Feb 20, 2026 - Feb 24, 2026	N/A
#10	-0.61% Sep 23, 2025 - Sep 30, 2025	N/A
#11	-0.59% Jan 26, 2026 - Jan 28, 2026	N/A
#12	-0.47% Aug 28, 2025 - Sep 8, 2025	N/A
#13	-0.40% Dec 26, 2025 - Dec 30, 2025	N/A
#14	-0.34% Oct 1, 2025 - Oct 3, 2025	N/A
#15	-0.17% Aug 25, 2025 - Aug 27, 2025	N/A