CSEN vs. FENY
CSEN (Cohen & Steers Future of Energy Active ETF) and FENY (Fidelity MSCI Energy Index ETF) are both Energy Equities funds. CSEN is actively managed, while FENY is passively managed. A 0.61 correlation means they provide meaningful diversification when combined. CSEN charges 0.80%/yr vs 0.08%/yr for FENY.
Performance
CSEN vs. FENY - Performance Comparison
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Returns By Period
CSEN
- 1D
- 0.84%
- 1M
- -0.75%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FENY
- 1D
- 0.44%
- 1M
- -0.19%
- 6M
- 23.09%
- YTD
- 29.40%
- 1Y
- 33.74%
- 3Y*
- 15.88%
- 5Y*
- 22.24%
- 10Y*
- 8.82%
CSEN vs. FENY - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CSEN Cohen & Steers Future of Energy Active ETF | -0.75% |
FENY Fidelity MSCI Energy Index ETF | -0.19% |
Correlation
The correlation between CSEN and FENY is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 15, 2026 | 0.61 |
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Return for Risk
CSEN vs. FENY — Risk / Return Rank
CSEN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FENY
CSEN vs. FENY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Future of Energy Active ETF (CSEN) and Fidelity MSCI Energy Index ETF (FENY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CSEN | FENY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.27 | — |
| Martin ratioReturn relative to average drawdown | — | 6.22 | — |
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Drawdowns
CSEN vs. FENY - Drawdown Comparison
The maximum CSEN drawdown since its inception was -5.10%, smaller than the maximum FENY drawdown of -74.35%. Use the drawdown chart below to compare losses from any high point for CSEN and FENY.
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Drawdown Indicators
| CSEN | FENY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.10% | -74.35% | +69.25% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.96% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -69.07% | — |
Current DrawdownCurrent decline from peak | -1.00% | -8.39% | +7.39% |
Average DrawdownAverage peak-to-trough decline | -2.76% | -23.02% | +20.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.45% | — |
Volatility
CSEN vs. FENY - Volatility Comparison
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Volatility by Period
| CSEN | FENY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.99% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.56% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.52% | 20.89% | -5.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.52% | 26.35% | -10.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.52% | 29.79% | -14.27% |
CSEN vs. FENY - Expense Ratio Comparison
CSEN has a 0.80% expense ratio, which is higher than FENY's 0.08% expense ratio.
Dividends
CSEN vs. FENY - Dividend Comparison
CSEN's dividend yield for the trailing twelve months is around 0.33%, less than FENY's 2.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSEN Cohen & Steers Future of Energy Active ETF | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FENY Fidelity MSCI Energy Index ETF | 2.45% | 3.18% | 3.05% | 3.33% | 3.33% | 3.69% | 4.60% | 6.43% | 3.21% | 2.94% | 2.29% | 3.05% |
Frequently Asked Questions
CSEN and FENY have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FENY is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FENY is cheaper with a 0.08% expense ratio, compared with 0.80% for CSEN.
FENY has the higher dividend yield at 2.45%, compared with 0.33% for CSEN.
They also come from different issuers: Cohen & Steers and Fidelity. Their fees differ too: 0.80% for CSEN and 0.08% for FENY.
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