Core Insights - Clean energy stocks are expected to be a significant investment area in 2025, despite changes in policy that have reduced public sector support for renewables [1] - The Fidelity Clean Energy ETF (FRNW) has shown strong performance, returning 58.8% year-to-date and 27% over the last three months, indicating ongoing momentum in the sector [2] - The ETF's strategy includes a global investment approach, focusing on clean energy distribution, equipment manufacturing, and technology [3] Fund Performance - The FRNW ETF charges a fee of 40 basis points and tracks the Fidelity Clean Energy Index, which includes a market cap-weighted list of global clean energy companies [2] - Notable investments in the ETF include Bloom Energy Corporation (BE), which has returned 391% this year, and EDP Renovaveis SA (EDRVF), which focuses on wind power and has returned 53.9% year-to-date [4][5] - The performance of these stocks has contributed to the ETF's success, positioning it favorably for continued growth, especially with investments outside the U.S. and falling domestic rates [6]

Core Insights - Clean energy stocks are expected to be a significant area of interest in 2025, despite changes in policy that have reduced public sector support for renewables [1] - The Fidelity Clean Energy ETF (FRNW) has shown strong performance, returning 58.8% year-to-date and 27% over the last three months, indicating ongoing momentum in the sector [2] - The ETF's strategy includes a global investment approach, focusing on clean energy distribution, equipment manufacturing, and technology [3] Fund Performance - The FRNW ETF charges a fee of 40 basis points and tracks the Fidelity Clean Energy Index, which is market cap-weighted [2] - Notable investments within the ETF include Bloom Energy Corporation (BE), which has returned 391% this year, and EDP Renovaveis SA (EDRVF), which has returned 53.9% year-to-date [4][5] - The performance of these stocks has contributed to the ETF's ability to outperform its peers, with potential for further gains due to continued investment outside the U.S. and falling domestic rates [6]

Core Insights - The Fidelity Clean Energy ETF (FRNW) has delivered strong year-to-date (YTD) returns of 64.6%, outperforming the ETF Database Category average of 50.7% [2] - FRNW charges a fee of 39 basis points and tracks the Fidelity Clean Energy Index, which includes companies from both developed and emerging markets that derive at least half of their revenue from clean energy activities [1] Performance Analysis - FRNW's strong performance is attributed to its top-weighted holdings, such as First Solar (FSLR), which has experienced significant revenue growth of approximately 79.7% year-over-year [3][4] - The ETF has also shown robust performance over one- and three-month periods, indicating consistent strength in the clean energy sector [2] Market Outlook - Despite policy headwinds affecting the clean energy sector, the performance of FRNW suggests that there are still viable investment opportunities within this market segment [5] - The ongoing innovation and connection to energy markets may enhance the appeal of clean energy ETFs like FRNW for investors looking to diversify their portfolios [5]

Group 1 - The Fidelity Clean Energy ETF (FRNW) has reached a 52-week high and is up 97.33% from its 52-week low price of $11.25 per share [1] - The underlying index of FRNW includes companies involved in the production and distribution of renewable energy technologies, such as solar and wind [1] - The fund charges an annual fee of 40 basis points [1] Group 2 - There is a growing focus on alternative energy sources and a decrease in reliance on fossil fuels, leading to increased investment in clean energy [2] - The rise in AI adoption and global power demands are expected to provide long-term support for clean energy funds [2] - The decline in renewable energy costs contributes to a favorable long-term outlook for clean energy investments [2] Group 3 - FRNW is projected to maintain strong performance in the near term, indicated by a positive weighted alpha of 71.05 [3]