What is FENY?

FENY tracks a market-cap-weighted index of US energy companies. The index includes those companies deemed investable by MSCI and covers 98% of the market.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FENY 1.47% 8.40% 68.46% 68.48% 23.33% 10.37% --
FENY (NAV) 1.54% 8.54% 68.64% 68.64% 23.35% 10.40% --
MSCI USA IMI Energy 25/50 Index -- -- -- -- -- -- --
MSCI USA IMI Energy -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FENY Factset Analytics Insight

FENY is part of a fund suite that marked Fidelity's official entry into the US sector ETF market. The fund offers a top-heavy portfolio in the US energy segment, with well over half of its portfolio weight in its top ten holdings, and a huge chunk of its allocation to the top few. Overall, its portfolio is broad, with allocations to every aspect of the oil and gas industries, and some allocations dedicated to coal and renewables. On December 1, 2020, FENY started tracking a capped version of its previous index, where the aggregate weight of issuers with over 5% weight in the index are now capped at 50% of the fund’s total asset. The fund uses a sampling strategy to track the index, which means the fund may not hold all the securities in the underlying index, but securities that provide a similar investment profile. The index is rebalanced quarterly

FENY Summary Data

Fidelity
10/21/13
0.08%
$1.70B
MSCI USA IMI Energy 25/50 Index
MSCI USA IMI Energy
Open-Ended Fund

Peers

MSCI USA IMI Energy

Fund Flows

-$0.01B 5 Days
+$0.03B 30 Days
-$0.00B 90 Days

FENY Portfolio Data

$193.97B
10.25
2.62
2.99%
N/A
116

FENY Index Data

MSCI USA IMI Energy 25/50 Index
Market Cap
Market Cap
MSCI USA IMI Energy

FENY Portfolio Management

0.08%
--
--
--

FENY Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FENY Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/30/22

This measurement shows how easy it is to trade a $1 million USD block of FENY. FENY is rated a 5 out of 5.

FENY Tradability

1,049,443
$24.62M
947,947
$21.22M
0.04%
$0.01
0.02%
0.12% / -0.26%
None
100.00%
50,000
18.96
0.08%
0.01%
1,857
$24.85
5

FENY Sector/Industry Breakdown

FENY Segment
Benchmark
80.48% --
16.80% --
1.03% --
0.84% --
0.45% --
0.14% --
0.13% --
0.09% --
0.03% --
0.01% --

FENY Performance Statistics

--
--
--
--
--
MSCI USA IMI Energy

FENY Countries

FENY Segment
Benchmark
99.86% --

FENY Regions

FENY Segment
Benchmark
99.86% --

FENY Economic Development

FENY Segment
Benchmark
99.86% --
0.00% --

FENY Benchmark Comparison Holdings

116
--
--
--

FENY Benchmark Comparison Summary

FENY Segment
Benchmark
116 --
$193.97B --
10.25 --
2.62 --
2.75% --
High --

FENY Benchmark Comparison Market Cap Size

FENY Segment
Benchmark
89.55% --
8.24% --
1.96% --
0.11% --