FIUIX vs. FUTY

Last updated Jun 5, 2026

FIUIX (Fidelity Telecom and Utilities Fund) and FUTY (Fidelity MSCI Utilities Index ETF) are both Utilities Equities funds from Fidelity. Over the past 10 years, FIUIX returned 9.22%/yr vs 9.10%/yr for FUTY. Their correlation of 0.87 suggests significant overlap in exposure. FIUIX charges 0.60%/yr vs 0.08%/yr for FUTY.

Performance

FIUIX vs. FUTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Telecom and Utilities Fund (FIUIX) and Fidelity MSCI Utilities Index ETF (FUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FIUIX having a 3.74% return and FUTY slightly higher at 3.78%. Both investments have delivered pretty close results over the past 10 years, with FIUIX having a 9.22% annualized return and FUTY not far behind at 9.10%.

FIUIX

• 1D: -1.12%
• 1M: -6.45%
• YTD: 3.74%
• 6M: -4.18%
• 1Y: 3.53%
• 3Y*: 15.68%
• 5Y*: 9.87%
• 10Y*: 9.22%

FUTY

• 1D: 0.60%
• 1M: -4.86%
• YTD: 3.78%
• 6M: 1.95%
• 1Y: 12.10%
• 3Y*: 13.73%
• 5Y*: 9.26%
• 10Y*: 9.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIUIX vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIUIX Fidelity Telecom and Utilities Fund	3.74%	4.91%	30.29%	3.37%	5.00%	7.18%	2.08%	22.09%	3.33%	11.98%
FUTY Fidelity MSCI Utilities Index ETF	3.78%	16.40%	23.20%	-7.46%	1.12%	17.53%	-0.80%	24.89%	4.36%	12.52%

Correlation

The correlation between FIUIX and FUTY is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Oct 25, 2013	0.87

The correlation between FIUIX and FUTY has been stable across timeframes, ranging from 0.87 to 0.93 - a consistent structural relationship.

Return for Risk

FIUIX vs. FUTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIUIX

FIUIX Risk / Return Rank: 3
FIUIX Sharpe Ratio Rank: 3
FIUIX Sortino Ratio Rank: 3
FIUIX Omega Ratio Rank: 3
FIUIX Calmar Ratio Rank: 3
FIUIX Martin Ratio Rank: 3

FUTY

FUTY Risk / Return Rank: 25
FUTY Sharpe Ratio Rank: 25
FUTY Sortino Ratio Rank: 24
FUTY Omega Ratio Rank: 24
FUTY Calmar Ratio Rank: 29
FUTY Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIUIX vs. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Telecom and Utilities Fund (FIUIX) and Fidelity MSCI Utilities Index ETF (FUTY). 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.

	FIUIX	FUTY	Difference
Sharpe ratio: Return per unit of total volatility	0.14	0.85	-0.72
Sortino ratio: Return per unit of downside risk	0.28	1.23	-0.95
Omega ratio: Gain probability vs. loss probability	1.04	1.15	-0.12
Calmar ratio: Return relative to maximum drawdown	0.15	1.36	-1.21
Martin ratio: Return relative to average drawdown	0.39	3.05	-2.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIUIX vs. FUTY - Sharpe Ratio Comparison

The current FIUIX Sharpe Ratio is 0.14, which is lower than the FUTY Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of FIUIX and FUTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FIUIX	FUTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	0.85	-0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.54	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.48	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.55	+0.01

Drawdowns

FIUIX vs. FUTY - Drawdown Comparison

The maximum FIUIX drawdown since its inception was -66.48%, which is greater than FUTY's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for FIUIX and FUTY.

Drawdown Indicators

	FIUIX	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-66.48%	-36.44%	-30.04%
Max Drawdown (1Y) Largest decline over 1 year	-13.84%	-8.93%	-4.91%
Max Drawdown (3Y) Largest decline over 3 years	-13.84%	-17.35%	+3.51%
Max Drawdown (5Y) Largest decline over 5 years	-16.64%	-25.11%	+8.47%
Max Drawdown (10Y) Largest decline over 10 years	-33.51%	-36.44%	+2.93%
Current Drawdown Current decline from peak	-8.70%	-6.72%	-1.98%
Average Drawdown Average peak-to-trough decline	-11.75%	-6.03%	-5.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.30%	3.98%	+1.32%

Volatility

FIUIX vs. FUTY - Volatility Comparison

Fidelity Telecom and Utilities Fund (FIUIX) and Fidelity MSCI Utilities Index ETF (FUTY) have volatilities of 5.33% and 5.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIUIX	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.33%	5.52%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	13.10%	11.38%	+1.72%
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	14.34%	+1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.92%	17.08%	-1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.16%	19.05%	-1.89%

FIUIX vs. FUTY - Expense Ratio Comparison

FIUIX has a 0.60% expense ratio, which is higher than FUTY's 0.08% expense ratio.

Dividends

FIUIX vs. FUTY - Dividend Comparison

FIUIX's dividend yield for the trailing twelve months is around 3.29%, more than FUTY's 2.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIUIX Fidelity Telecom and Utilities Fund	3.29%	2.34%	6.50%	7.60%	3.77%	5.19%	3.73%	6.88%	10.10%	5.99%	3.33%	3.65%
FUTY Fidelity MSCI Utilities Index ETF	2.60%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%

Frequently Asked Questions

Can I hold both FIUIX and FUTY in my portfolio?

FIUIX and FUTY have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIUIX or FUTY?

FUTY has higher volatility (5.52%) compared to FIUIX (5.33%). In terms of maximum drawdown, FIUIX dropped -66.48% vs FUTY's -36.44%.

Which has better risk-adjusted returns?

FUTY currently has the higher Sharpe Ratio (0.85 vs 0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.