FUTY — Fidelity MSCI Utilities Index ETF

FUTY Price Performance — Growth of $10,000

Value of a $10,000 investment in FUTY 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.

FUTY Drawdown

The "underwater" chart: FUTY'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.

Overview

The Fidelity MSCI Utilities Index ETF (FUTY) is a Utilities sector fund issued by Fidelity Investments with $2.35 billion in assets under management. Currently priced at $59.52, the fund holds an overall rank of #273 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 58.5 out of 100. Investors can access the fund with an expense ratio of 0.084%, which is a relatively low cost structure for this asset class. The ETF offers a dividend yield of 2.59%, providing income generation alongside capital appreciation potential. As one of five ETFs tracked in the Utilities category, FUTY represents a significant portion of the sector's available investment vehicles. The substantial asset size suggests established investor adoption compared to smaller funds in the same category.

Over the last trading day, the fund posted a gain of +0.03%, followed by a stronger weekly return of +2.13%. Monthly performance showed a +1.35% increase, while the three-month return accelerated to +0.58% before the six-month period delivered a more robust +8.70% gain. Year-to-date returns stand at +8.00%, indicating a positive trend that has continued into the one-year horizon with a +12.36% return. The long-term trajectory is highlighted by a three-year return of +50.33%, demonstrating significant cumulative growth over the extended period. This pattern suggests that while short-term fluctuations occurred, the fund has maintained a generally upward trajectory over longer investment horizons.

FUTY carries a low volatility label and a beta of 0.50, indicating that the fund's price movements have historically been less sensitive to broader market swings. The Sharpe ratio of 0.50 reflects the risk-adjusted return profile relative to the volatility experienced during the measurement period. During market downturns, the fund experienced a maximum drawdown of -17.22%, representing the largest peak-to-trough decline recorded. This combination of low beta and moderate drawdown suggests the fund may offer some downside protection compared to more volatile assets. However, the Sharpe ratio indicates that the returns generated do not fully compensate for the risk taken in a highly efficient manner. The data collectively paints a picture of a fund that moves less aggressively than the market but still faces notable drawdowns during adverse conditions.

AI-generated summary based on the data on this page.

FUTY Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 53.1% 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 FUTY's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With FUTY

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with FUTY's top 10 — VPU overlaps most, holding 10 of the same companies as FUTY's top 10 (53.1% of FUTY's assets).

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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

FUTY Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.07% and average daily volume is 313K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.35B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: FUTY 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.

FUTY Performance History

How FUTY Compares to Other Utilities ETFs