Fidelity MSCI Energy Index ETF (FENY)
| Assets | $1.44B |
| Expense Ratio | 0.08% |
| PE Ratio | 12.87 |
| Shares Out | 62.15M |
| Dividend (ttm) | $0.73 |
| Dividend Yield | 3.14% |
| Ex-Dividend Date | Dec 20, 2024 |
| Payout Ratio | 42.49% |
| 1-Year Return | -1.15% |
| Volume | 1,042,321 |
| Open | 22.93 |
| Previous Close | 22.98 |
| Day's Range | 22.88 - 23.26 |
| 52-Week Low | 21.73 |
| 52-Week High | 27.11 |
| Beta | 1.25 |
| Holdings | 108 |
| Inception Date | Oct 24, 2013 |
About FENY
Fund Home PageThe Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25/50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is issued by Fidelity.
Top 10 Holdings
63.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil Corporation | XOM | 21.96% |
| Chevron Corporation | CVX | 13.67% |
| ConocoPhillips | COP | 6.86% |
| EOG Resources, Inc. | EOG | 3.75% |
| The Williams Companies, Inc. | WMB | 3.44% |
| ONEOK, Inc. | OKE | 3.09% |
| Schlumberger Limited | SLB | 2.89% |
| Kinder Morgan, Inc. | KMI | 2.81% |
| Cheniere Energy, Inc. | LNG | 2.63% |
| Phillips 66 | PSX | 2.63% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.162 | n/a |
| Sep 20, 2024 | $0.207 | Sep 24, 2024 |
| Jun 21, 2024 | $0.184 | Jun 25, 2024 |
| Mar 15, 2024 | $0.174 | Mar 20, 2024 |
| Dec 15, 2023 | $0.200 | Dec 20, 2023 |
| Sep 15, 2023 | $0.172 | Sep 20, 2023 |
News
FENY: U.S. Oil And Gas Stocks Likely Overvalued Despite High IRR Potential
FENY offers exposure to U.S. energy stocks, primarily oil and gas, with a low expense ratio of 0.084%. The fund's portfolio is heavily weighted towards Exxon Mobil, Chevron, and ConocoPhillips, reflec...
FENY: Limited Downside Risk And Strong Earnings Growth Potential For 2025
Fidelity MSCI Energy Index ETF has a low expense ratio of 0.08% and is expected to benefit from much better growth in 2025. FENY's fund price has been steadily rising since 2020, with strong earnings ...
FENY: Still Cheap And Well Supported By Energy Commodity Prices
Fidelity MSCI Energy Index ETF offers exposure to the U.S. energy sector with a low expense ratio of 0.08%. The outlook for oil prices is bullish, supported by strong supply and demand fundamentals an...
FENY: A Cheap ETF To Gain Exposure To The Energy Industry
Fidelity MSCI Energy Index ETF offers exposure to the energy sector, which may be reasonably valued and offer a margin of safety for investments. The fund is top-heavy, with its top two holdings, Exxo...
Buy VDE, FENY, IYE ETFs as COP28 vows to end fossil fuels
The COP28 Summit concluded on Wednesday with a historic deal to transition the world from fossil fuels. The deal will see more countries ramp up investments in clean energy solutions like wind and sol...
FENY: U.S. Oil Sector Deleveraging Vs. Growth
US oil & gas producers focused on deleveraging, not growth. Concentrated ETF portfolio may not capture future M&A activity. Market not pricing in higher oil prices or volume gains, but sector reducing...
FENY: Fidelity's Energy ETF Is Good For A Trade
The Fidelity MSCI Energy ETF (FENY) provides cost-efficient exposure to major oil, gas, and refining companies. The global macro-economic environment is uncertain, posing demand risks, but supply-side...
Energy Stocks Turning Lower Despite Favorable Valuations On FENY
Macroeconomic worries are weighing on commodity prices - WTI is holding near $70 despite a higher dollar lately. With a low earnings multiple and impressive free cash flow yield, I see a long-term val...
How To Find The Best Sector ETFs 2Q23
With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. My report shows the top-rated ETF for each sector.
FENY: Energy Sector No Longer Attractive At Current Bond Yields
US Energy stocks appear cheap on a trailing basis but rising capex spending and falling oil prices suggest earnings and free cash flows will fall sharply over the coming months. The Fidelity MSCI Ener...
FENY: Good Risk/Reward Entry Point
The FENY ETF provides broad exposure to energy companies. It has performed well vs. peer energy ETFs during the past year and pays a 3.5% trailing distribution.
U.S. Equity ETFs: The Best And Worst Of 2022
This article summarizes the performance of the entire U.S. equity market by examining 1Y, 3Y, 5Y, and 10Y returns for 850+ ETFs across 40 categories. Major indices declined, but investing in Energy, H...
FENY: The Macro Theme For Fidelity's Energy ETF Has Changed
Fidelity's FENY Energy ETF has roughly doubled since my Seeking Alpha "reopening" thesis BUY-rated article back in February of 2021. However, the question now is - to quote the famous Pulp Fiction lin...
FENY: Energy Stocks Keep Surging Higher, And So Do Dividends
Bucking the overall market trend, the Fidelity Energy ETF has delivered a +96% total return since my Seeking Alpha BUY rating article in February of last year. At this point, I see no reason to exit t...
Peter Thiel-Backed ETF Takes Aim at ESG
The Strive Assets Management fund takes a post-ESG approach to shareholder activism.
FENY: Fidelity's Energy ETF Is A Buy On Market Pullback
Following a decline in the price of oil, the Fidelity MSCI Energy ETF is down roughly 20% from its June high. That being the case, the pullback is a great opportunity for investors who are underweight...
FENY May Be The Best Passive Energy ETF For 2022
FENY is Fidelity's energy ETF. FENY's broad index exposure and low fee make may make for a compelling passive ETF. Energy assets appear likely to outperform over the next several quarters, making FENY...
FENY: Energy Stocks Should Rise But Returns Are Likely Capped At 10%
FENY invests in energy stocks, with heavy exposures to oil and gas stocks.
Investing In The Energy Transition: Preserving Resources And Capital
While the energy transition will be with us for many decades ahead, the nimbleness required for an investor in this space is mission one. The case of Pioneer Natural Resources and its evolving approac...
Fidelity MSCI Energy Index ETF: Well-Positioned
The energy space offers good value and bullish momentum has recently been triggered.
FENY: Oil Producers Will Likely Work To Regain Investor Confidence
The Fidelity MSCI Energy Index ETF gives investors exposure to more than 80 energy companies, primarily oil producers. All oil producers should report an increase in profits in 2021 as they capitalize...
