FENY — Fidelity MSCI Energy Index ETF
Energy Ranked #57 of 458 tracked ETFs · Issued by Fidelity Investments
FENY Price Performance — Growth of $10,000
Value of a $10,000 investment in FENY over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
FENY Drawdown
The "underwater" chart: FENY's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in FENY?
See what a lump sum in FENY would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Fidelity MSCI Energy Index ETF (FENY) is an energy sector fund issued by Fidelity Investments with $2.09 billion in assets under management. It holds a B grade and ranks 4th out of 10 peers in its category, placing it 57th among all 458 tracked ETFs. The fund’s 0.084% expense ratio is significantly lower than the category median of 0.36%, while its 2.07% dividend yield sits just below the 2.09% median. Concentration is notable, with the top 10 holdings comprising 65.1% of assets and ExxonMobil representing a 22.0% position.
Price action shows the fund trading at 98.5% of its 52-week range, reflecting strong momentum across multiple horizons. Short-term gains of 2.65% over one day and 1.50% over one week precede a 9.96% monthly rise. Longer-term performance is robust, with a 17.94% three-month return and a 60.37% one-year gain that slightly exceeds the category median of 60.07%. The B grade has remained unchanged over the last 35 tracked days, despite the fund having only 3.0 years of price history available.
Risk metrics present a mixed picture, with a beta of -0.01 indicating minimal correlation to broader market movements. Annualized volatility stands at 21.95%, labeled as moderate, while the maximum drawdown reached -21.47%. A Sharpe ratio of 2.52 suggests efficient risk-adjusted returns relative to the volatility experienced. Liquidity is supported by an average daily volume of 1,207,317 shares, facilitating standard trading activity.
AI-generated summary based on the data on this page.
FENY Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | ExxonMobil Holdings Corp | 22.00% | $442M |
| 2 | Chevron Corp | 14.38% | $289M |
| 3 | ConocoPhillips | 5.87% | $118M |
| 4 | Valero Energy Corp | 3.77% | $76M |
| 5 | Marathon Petroleum Corp | 3.75% | $75M |
| 6 | Williams Cos Inc/The | 3.42% | $69M |
| 7 | Phillips 66 | 3.35% | $67M |
| 8 | EOG Resources Inc | 3.17% | $64M |
| 9 | SLB Ltd | 2.90% | $58M |
| 10 | Kinder Morgan Inc | 2.46% | $49M |
Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 65.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how FENY's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With FENY
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with FENY's top 10 — XLE overlaps most, holding 9 of the same companies as FENY's top 10 (43.1% of FENY's assets).
| ETF | Name | Shared Companies | FENY Weight | Examples |
|---|---|---|---|---|
| XLE | State Street Energy Select Sector SPDR ETF | 9 | 43.1% | Chevron Corp, ConocoPhillips, Williams Cos Inc/The… |
| IYE | iShares U.S. Energy ETF | 8 | 58.8% | ExxonMobil Holdings Corp, Chevron Corp, ConocoPhillips… |
| VDE | Vanguard Energy Index Fund ETF Shares | 8 | 40.6% | Chevron Corp, ConocoPhillips, Williams Cos Inc/The… |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 5 | 19.9% | ConocoPhillips, Valero Energy Corp, Marathon Petroleum Corp… |
| VOE | Vanguard Morningstar Mid-Cap Value ETF | 4 | 13.8% | Valero Energy Corp, Marathon Petroleum Corp, Phillips 66… |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What FENY's Fees Cost You
FENY charges an expense ratio of 0.08% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
FENY Dividend Income Estimator
FENY currently yields 2.07%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
FENY Liquidity, Domicile & Tax Treatment
Liquidity: Average daily volume is 1.2M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $2.09B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: FENY is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
FENY Performance History
| Period | Return |
|---|---|
| 1-Day | +2.65% |
| 1-Week | +1.50% |
| 1-Month | +9.96% |
| 3-Month | +17.94% |
| 6-Month | +20.93% |
| YTD | +52.86% |
| 1-Year | +60.37% |
| 3-Year | +76.75% |
How FENY Compares to Other Energy ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #17 | B+ |
XLE | State Street Energy Select Sector SPDR ETF | +62.43% | 0.08% | $39.1B |
| #30 | B+ |
VDE | Vanguard Energy Index Fund ETF Shares | +60.16% | 0.09% | $12.7B |
| #37 | B+ |
MLPX | Global X MLP & Energy Infrastructure ETF | +30.52% | 0.45% | $3.40B |
| #57 | B |
FENY | Fidelity MSCI Energy Index ETF | +60.37% | 0.084% | $2.09B |
| #86 | B |
IYE | iShares U.S. Energy ETF | +59.98% | 0.37% | $1.63B |
| #104 | B |
AMLP | Alerian MLP ETF | +23.41% | 1.01% | $12.6B |
| #170 | C |
IEO | iShares U.S. Oil & Gas Exploration & Production ETF | +74.55% | 0.37% | $732M |
| #177 | C |
XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | +64.77% | 0.35% | $3.62B |
| #216 | C |
OIH | VanEck Oil Services ETF | +52.34% | 0.35% | $1.81B |
| #415 | D |
ICLN | iShares Global Clean Energy ETF | +0.42% | 0.38% | $2.23B |