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FUTY vs. IDU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FUTY vs. IDU

Last updated Aug 2, 2026
Documentation

FUTY (Fidelity MSCI Utilities Index ETF) and IDU (iShares U.S. Utilities ETF) are both Utilities Equities funds - FUTY tracks the MSCI USA IMI Utilities Index while IDU tracks the Russell 1000 Utilities RIC 22.5/45 Capped Index. Both are passively managed. Over the past 10 years, FUTY returned 8.77%/yr vs 8.55%/yr for IDU. Their 0.99 correlation means they have historically moved very closely together. FUTY charges 0.08%/yr vs 0.38%/yr for IDU.

Performance

FUTY vs. IDU - Performance Comparison

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

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Returns By Period

The year-to-date returns for both investments are quite close, with FUTY having a 4.79% return and IDU slightly higher at 4.85%. Both investments have delivered pretty close results over the past 10 years, with FUTY having a 8.77% annualized return and IDU not far behind at 8.55%.

FUTY

1D
-0.70%
1M
-3.20%
6M
3.20%
YTD
4.79%
1Y
6.08%
3Y*
13.47%
5Y*
9.14%
10Y*
8.77%
ALL TIME*
10.02%

IDU

1D
-0.63%
1M
-2.90%
6M
3.47%
YTD
4.85%
1Y
5.16%
3Y*
13.66%
5Y*
9.24%
10Y*
8.55%
ALL TIME*
7.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

FUTY

Fidelity MSCI Utilities Index ETF
$18.62M$18.35M$18.70M

IDU

iShares U.S. Utilities ETF
$20.80M$13.25M$15.74M

FUTY vs. IDU - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FUTY
Fidelity MSCI Utilities Index ETF		4.79%16.40%23.20%-7.46%1.12%17.53%-0.80%24.89%4.36%12.52%
IDU
iShares U.S. Utilities ETF		4.85%15.23%23.23%-5.02%0.17%16.96%-1.07%24.21%3.93%11.94%

Correlation

The correlation between FUTY and IDU is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.99

Correlation (3Y)
Balances recent behavior with more history.

0.99

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.99

Correlation (10Y)
Provides a long-term view across more market conditions.

0.99

Correlation (All Time)
Calculated using the full available price history since Oct 24, 2013

0.99

The correlation between FUTY and IDU has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

FUTY vs. IDU - Sectors Allocation Comparison

Sectors
FUTY
IDU

Utilities

99.3%
90.5%

Energy

0.5%
0.4%

Industrials

0.2%
9.1%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Financial Services

-

-

Healthcare

-

-

Real Estate

-

-

Technology

-

-

Utilities

FUTY
99.3%
IDU
90.5%

Energy

FUTY
0.5%
IDU
0.4%

Industrials

FUTY
0.2%
IDU
9.1%

Basic Materials

FUTY

-

IDU

-

Communication Services

FUTY

-

IDU

-

Consumer Cyclical

FUTY

-

IDU

-

Consumer Defensive

FUTY

-

IDU

-

Financial Services

FUTY

-

IDU

-

Healthcare

FUTY

-

IDU

-

Real Estate

FUTY

-

IDU

-

Technology

FUTY

-

IDU

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity MSCI Utilities Index ETF

iShares U.S. Utilities ETF

Often compared with FUTY:
FUTY vs. XLUFUTY vs. VPUFUTY vs. FSUTXFUTY vs. UTESFUTY vs. FMATFUTY vs. VOOFUTY vs. SPLV
Often compared with IDU:
IDU vs. XLUIDU vs. VPUIDU vs. FXUIDU vs. VOOIDU vs. IUSA.DEIDU vs. WECIDU vs. IHF

Return for Risk

FUTY vs. IDU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
FUTY
FUTY Risk / Return Rank: 2121
Overall Rank
FUTY Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
FUTY Sortino Ratio Rank: 2020
Sortino Ratio Rank
FUTY Omega Ratio Rank: 1919
Omega Ratio Rank
FUTY Calmar Ratio Rank: 2323
Calmar Ratio Rank
FUTY Martin Ratio Rank: 2121
Martin Ratio Rank
IDU
IDU Risk / Return Rank: 1919
Overall Rank
IDU Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
IDU Sortino Ratio Rank: 1818
Sortino Ratio Rank
IDU Omega Ratio Rank: 1818
Omega Ratio Rank
IDU Calmar Ratio Rank: 2121
Calmar Ratio Rank
IDU Martin Ratio Rank: 1919
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FUTY vs. IDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Utilities Index ETF (FUTY) and iShares U.S. Utilities ETF (IDU). 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.

FUTYIDUDifference
Sharpe ratioReturn per unit of total volatility
0.42
0.37

+0.05

Sortino ratioReturn per unit of downside risk
0.67
0.60

+0.07

Omega ratioGain probability vs. loss probability

1.08

1.07

+0.01

Calmar ratioReturn relative to maximum drawdown

0.69

0.57

+0.12

Martin ratioReturn relative to average drawdown

1.42

1.21

+0.21

FUTY vs. IDU - Sharpe Ratio Comparison

The current FUTY Sharpe Ratio is 0.42, which is comparable to the IDU Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of FUTY and IDU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FUTY vs. IDU - Drawdown Comparison

The maximum FUTY drawdown since its inception was -36.44%, smaller than the maximum IDU drawdown of -53.88%. Use the drawdown chart below to compare losses from any high point for FUTY and IDU.

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Drawdown Indicators

FUTYIDUDifference

Max Drawdown

Largest peak-to-trough decline

-36.44%

-53.88%

+17.44%

Max Drawdown (1Y)

Largest decline over 1 year

-8.93%

-9.15%

+0.22%

Max Drawdown (3Y)

Largest decline over 3 years

-12.96%

-12.35%

-0.61%

Max Drawdown (5Y)

Largest decline over 5 years

-25.11%

-24.11%

-1.00%

Max Drawdown (10Y)

Largest decline over 10 years

-36.44%

-36.18%

-0.26%

Current Drawdown

Current decline from peak

-5.82%

-5.87%

+0.05%

Average Drawdown

Average peak-to-trough decline

-6.00%

-11.34%

+5.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.33%

4.29%

+0.04%

Volatility

FUTY vs. IDU - Volatility Comparison

Fidelity MSCI Utilities Index ETF (FUTY) and iShares U.S. Utilities ETF (IDU) have volatilities of 4.48% and 4.48%, 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.

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Volatility by Period

FUTYIDUDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.48%

4.48%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

11.84%

11.46%

+0.38%

Volatility (1Y)

Calculated over the trailing 1-year period

14.73%

14.23%

+0.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.09%

16.50%

+0.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.09%

18.76%

+0.33%

FUTY vs. IDU - Expense Ratio Comparison

FUTY has a 0.08% expense ratio, which is lower than IDU's 0.38% expense ratio.

Dividends

FUTY vs. IDU - Dividend Comparison

FUTY's dividend yield for the trailing twelve months is around 2.65%, more than IDU's 2.24% yield.

PositionTTM20252024202320222021202020192018201720162015
FUTY
Fidelity MSCI Utilities Index ETF		2.65%2.67%2.96%3.31%2.72%2.70%3.07%2.82%3.11%3.03%3.35%4.33%
IDU
iShares U.S. Utilities ETF		2.24%2.23%2.29%2.79%2.39%2.39%2.94%2.71%2.80%2.62%3.18%4.22%

Frequently Asked Questions

With a correlation of 0.99, FUTY and IDU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IDU has higher volatility (4.48%) compared to FUTY (4.48%). In terms of maximum drawdown, FUTY dropped -36.44% vs IDU's -53.88%.

On 10-year performance, FUTY leads with 8.77% vs 8.55% for IDU. On fees, FUTY is cheaper at 0.08% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, FUTY has performed better with a 8.77% return vs 8.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FUTY is cheaper with a 0.08% expense ratio, compared with 0.38% for IDU.

FUTY has the higher dividend yield at 2.65%, compared with 2.24% for IDU.

FUTY tracks MSCI USA IMI Utilities Index, while IDU tracks Russell 1000 Utilities RIC 22.5/45 Capped Index. They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.08% for FUTY and 0.38% for IDU.

FUTY currently has the higher Sharpe Ratio (0.42 vs 0.37), 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.

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