Fidelity MSCI Energy Index ETF (FENY)

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The chart shows the growth of an initial investment of $10,000 in Fidelity MSCI Energy Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity MSCI Energy Index ETF (FENY) has returned 38.13% so far this year and 37.23% over the past 12 months. Over the last ten years, FENY has returned 11.01% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 24, 2013, FENY's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, your investment would double in approximately 6.9 years.

Historically, 54% of months were positive and 46% were negative. The best month was Apr 2020 with a return of +32.2%, while the worst month was Mar 2020 at -36.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FENY closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +15.5%, while the worst single day was Mar 9, 2020 at -20.1%.

Fidelity MSCI Energy Index ETF has an annualized alpha of -2.18%, beta of 1.01, and R² of 0.37 versus S&P 500 Index. Calculated based on daily prices since October 25, 2013.

• This ETF participated in 115.59% of S&P 500 Index downside but only 92.05% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.37 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

FENY has an expense ratio of 0.08%, which is considered low.

FENY ranks 72 for risk / return — better than 72% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Fidelity MSCI Energy Index ETF (FENY) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity MSCI Energy Index ETF provided a 2.31% dividend yield over the last twelve months, with an annual payout of $0.79 per share.

The table displays the monthly dividend distributions for Fidelity MSCI Energy Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity MSCI Energy Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity MSCI Energy Index ETF was 74.35%, occurring on Mar 18, 2020. Recovery took 525 trading sessions.

The current Fidelity MSCI Energy Index ETF drawdown is 2.21%.

The chart below shows the rolling one-month volatility.