FTS vs. FUTY

Last updated Jun 9, 2026

FTS (Fortis Inc) is a stock, while FUTY (Fidelity MSCI Utilities Index ETF) is Utilities Equities fund tracking the MSCI USA IMI Utilities Index. Over the past 10 years, FTS returned 9.61%/yr vs 8.88%/yr for FUTY. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

FTS vs. FUTY - Performance Comparison

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

Returns By Period

In the year-to-date period, FTS achieves a 7.82% return, which is significantly higher than FUTY's 2.65% return. Over the past 10 years, FTS has outperformed FUTY with an annualized return of 9.61%, while FUTY has yielded a comparatively lower 8.88% annualized return.

FTS

• 1D: -1.47%
• 1M: -0.98%
• YTD: 7.82%
• 6M: 10.63%
• 1Y: 19.97%
• 3Y*: 13.17%
• 5Y*: 7.82%
• 10Y*: 9.61%

FUTY

• 1D: -1.86%
• 1M: -2.64%
• YTD: 2.65%
• 6M: 3.06%
• 1Y: 10.63%
• 3Y*: 12.75%
• 5Y*: 8.95%
• 10Y*: 8.88%

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

FTS vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTS Fortis Inc	7.82%	29.62%	5.81%	7.38%	-13.69%	22.73%	1.91%	29.00%	-5.86%	24.45%
FUTY Fidelity MSCI Utilities Index ETF	2.65%	16.40%	23.20%	-7.46%	1.12%	17.53%	-0.80%	24.89%	4.36%	12.52%

Correlation

The correlation between FTS and FUTY is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.57

The correlation between FTS and FUTY shifts across timeframes, from 0.51 (1 year) to 0.64 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

FTS vs. FUTY — Risk / Return Rank

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

FTS

FTS Risk / Return Rank: 82
FTS Sharpe Ratio Rank: 82
FTS Sortino Ratio Rank: 80
FTS Omega Ratio Rank: 77
FTS Calmar Ratio Rank: 85
FTS Martin Ratio Rank: 85

FUTY

FUTY Risk / Return Rank: 23
FUTY Sharpe Ratio Rank: 23
FUTY Sortino Ratio Rank: 22
FUTY Omega Ratio Rank: 22
FUTY Calmar Ratio Rank: 27
FUTY Martin Ratio Rank: 22

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.

FTS vs. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortis Inc (FTS) 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.

	FTS	FUTY	Difference
Sharpe ratio: Return per unit of total volatility	1.50	0.74	+0.76
Sortino ratio: Return per unit of downside risk	2.20	1.08	+1.12
Omega ratio: Gain probability vs. loss probability	1.27	1.13	+0.13
Calmar ratio: Return relative to maximum drawdown	3.22	1.19	+2.03
Martin ratio: Return relative to average drawdown	8.05	2.64	+5.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTS vs. FUTY - Sharpe Ratio Comparison

The current FTS Sharpe Ratio is 1.50, which is higher than the FUTY Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of FTS 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

	FTS	FUTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	0.74	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.53	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.47	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.55	+0.06

Drawdowns

FTS vs. FUTY - Drawdown Comparison

The maximum FTS drawdown since its inception was -34.36%, smaller than the maximum FUTY drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for FTS and FUTY.

Drawdown Indicators

	FTS	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-34.36%	-36.44%	+2.08%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	-8.93%	+2.70%
Max Drawdown (3Y) Largest decline over 3 years	-14.46%	-17.35%	+2.89%
Max Drawdown (5Y) Largest decline over 5 years	-29.96%	-25.11%	-4.85%
Max Drawdown (10Y) Largest decline over 10 years	-34.36%	-36.44%	+2.08%
Current Drawdown Current decline from peak	-5.16%	-7.74%	+2.58%
Average Drawdown Average peak-to-trough decline	-6.84%	-6.03%	-0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	4.03%	-1.54%

Volatility

FTS vs. FUTY - Volatility Comparison

The current volatility for Fortis Inc (FTS) is 4.54%, while Fidelity MSCI Utilities Index ETF (FUTY) has a volatility of 5.64%. This indicates that FTS experiences smaller price fluctuations and is considered to be less risky than FUTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTS	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	5.64%	-1.10%
Volatility (6M) Calculated over the trailing 6-month period	10.48%	11.56%	-1.08%
Volatility (1Y) Calculated over the trailing 1-year period	13.39%	14.40%	-1.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.30%	17.10%	-0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.94%	19.06%	-0.12%

Dividends

FTS vs. FUTY - Dividend Comparison

FTS's dividend yield for the trailing twelve months is around 3.34%, more than FUTY's 2.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTS Fortis Inc	3.34%	3.42%	4.62%	4.50%	4.48%	3.40%	3.54%	3.31%	3.35%	4.43%	4.94%	0.00%
FUTY Fidelity MSCI Utilities Index ETF	2.63%	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 FTS and FUTY in my portfolio?

FTS and FUTY have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTS or FUTY?

FUTY has higher volatility (5.64%) compared to FTS (4.54%). In terms of maximum drawdown, FTS dropped -34.36% vs FUTY's -36.44%.

Which has better risk-adjusted returns?

FTS currently has the higher Sharpe Ratio (1.50 vs 0.74), 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.