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 Fidelity Investments-managed fund tracking the utilities sector, with $2.25 billion in assets under management. It holds a C grade (56.1/100) and ranks 3 of 5 within its category, placing it 294th overall among 458 tracked ETFs. The fund’s 0.084% expense ratio sits slightly below the category median of 0.09%, while its 2.77% dividend yield exceeds the sector median of 2.53%. Concentration is notable, with the top 10 holdings comprising 53.1% of assets and NextEra Energy Inc representing the largest single position at 12.6%.

Price action shows the fund trading at $55.63, which is 29.0% of the way through its 52-week range of $53.23 to $61.51. Short-term returns have been negative, with the 1-month and 3-month periods showing declines of 0.64% and 2.39% respectively. In contrast, longer-term performance remains positive, with the 1-year return of 5.60% matching the category median and the 3-year return reaching 48.71%. The fund’s grade has remained unchanged at C over the last 35 tracked days, and price history is available for 3.0 years.

Risk metrics indicate a defensive profile, with a beta of 0.44 suggesting the fund moves less than the broader market. Annualized volatility is 14.89%, labeled as Low, and the maximum drawdown has been -12.96%. The Sharpe ratio of 0.04 reflects modest risk-adjusted returns relative to the risk taken. Liquidity is characterized by an average daily volume of 376,765 shares and a bid/ask spread of 2.33%.

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 — XLU 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: 4.77% (as of 2026-09-03) — 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): 14.32 (as of 2026-09-03) — 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 2026-08-01) — 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 2.33% and average daily volume is 377K/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 $2.25B 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