Fidelity MSCI Utilities Index ETF (FUTY)
| Assets | $1.74B |
| Expense Ratio | 0.08% |
| PE Ratio | 27.08 |
| Shares Out | 33.65M |
| Dividend (ttm) | $1.39 |
| Dividend Yield | 2.69% |
| Ex-Dividend Date | Sep 20, 2024 |
| Payout Ratio | 72.89% |
| 1-Year Return | +29.61% |
| Volume | 68,903 |
| Open | 51.83 |
| Previous Close | 51.74 |
| Day's Range | 51.51 - 51.91 |
| 52-Week Low | 38.17 |
| 52-Week High | 52.94 |
| Beta | 0.62 |
| Holdings | 70 |
| Inception Date | Oct 21, 2013 |
About FUTY
Fund Home PageThe Fidelity MSCI Utilities Index ETF (FUTY) is an exchange-traded fund that is based on the MSCI USA IMI Utilities 25/50 index. The fund tracks the MSCI US IMI Utilities 25/50 Index, a market-cap-weighted index of stocks in the US utilities sector. FUTY was launched on Oct 21, 2013 and is issued by Fidelity.
Top 10 Holdings
53.17% of assets| Name | Symbol | Weight |
|---|---|---|
| NextEra Energy, Inc. | NEE | 11.76% |
| The Southern Company | SO | 7.21% |
| Duke Energy Corporation | DUK | 6.57% |
| Constellation Energy Corporation | CEG | 5.44% |
| Sempra | SRE | 4.41% |
| Vistra Corp. | VST | 3.82% |
| American Electric Power Company, Inc. | AEP | 3.81% |
| Dominion Energy, Inc. | D | 3.62% |
| Public Service Enterprise Group Incorporated | PEG | 3.34% |
| PG&E Corporation | PCG | 3.20% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 20, 2024 | $0.366 | Sep 24, 2024 |
| Jun 21, 2024 | $0.349 | Jun 25, 2024 |
| Mar 15, 2024 | $0.385 | Mar 20, 2024 |
| Dec 15, 2023 | $0.293 | Dec 20, 2023 |
| Sep 15, 2023 | $0.384 | Sep 20, 2023 |
| Jun 16, 2023 | $0.317 | Jun 22, 2023 |
News
FUTY: Improving Long-Term Growth Outlook But Expensive Valuation
Fidelity MSCI Utilities Index ETF has outperformed the S&P 500 in 2024, due to macroeconomic uncertainty and expectations of a lower rate environment. Despite improving long-term growth due to AI-driv...
FUTY: Utilities Dashboard For July
Monthly article series presents industry metrics in utilities. Utilities are close to 11-year averages in valuation metrics, and quality is over the historical baseline in all subsectors. Fidelity MSC...
FUTY: Utilities' AI Intrigue Fades
The FUTY ETF performed well in Q2, with AI rubbing off on the power-producing sector. The fund offers a high dividend yield, and its low expense ratio and solid liquidity make it suitable for long-ter...
FUTY: Utilities Dashboard For April
Gas and water utilities are slightly undervalued relative to the historical baseline. Electricity and multi-utilities have a higher quality score. Fidelity MSCI Utilities Index ETF is an alternative t...
How To Find The Best Sector ETFs 1Q24
With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. How can investors change the game to shift the odds in their favor?
FUTY: Utilities Dashboard For January
The utilities sector is close to 11-year averages regarding valuation and quality metrics. FUTY: an alternative to XLU for long-term investors. Here are 10 utilities stocks cheaper than their peers in...
FUTY: Utilities Dashboard For November
The utilities sector is slightly undervalued relative to 11-year averages. Gas utilities have the best value score. FUTY: An alternative to XLU.
FUTY: Utilities Dashboard For September
The utilities sector is close to its historical baseline in valuation and quality. Water utilities are slightly overvalued. FUTY: An alternative to XLU.
How To Find The Best Sector ETFs 3Q23
With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task.
FUTY: Utilities Dashboard For June
The sector as a whole is close to 11-year averages in valuation metrics. However, water utilities are significantly overvalued.
Fidelity MSCI Utilities Index ETF: Fasten Your Seatbelts
Traditional risk-on/risk-off behavior is making a comeback. Fidelity MSCI Utilities Index ETF's earnings profile is weak, but its qualities as a defensive asset may come in handy.
FUTY Can Be Vulnerable In A Broader Market Selloff
FUTY invests in large-cap utility stocks in the United States. Stocks in FUTY's portfolio have a slower growth profile than the S&P 500 index.
FUTY: Utilities Dashboard For December
Gas utilities are the safest industry in the sector regarding valuation and quality scores. Most electricity and water providers are overvalued.
FUTY: Utilities Dashboard For October
Gas utilities are close to their 11-year averages in valuation. Water and electricity subsectors are moderately overvalued using the same metrics.
FUTY: Utilities Dashboard For August
Gas is the least-overvalued utilities industry. Water and electricity subsectors are overvalued by about 30% relative to 11-year averages.
FUTY: Utilities Dashboard For May
Gas is the most attractive utilities industry in both valuation and momentum. Water and electricity subsectors are overvalued by almost 30% relative to 11-year averages.
FUTY: Utilities Dashboard For March
Plains' dividend will likely grow slowly over the next 2-4 years reaching a range between $1.20 and $1.50.
Vehicle & Parts Production Plunged To Lowest Since Lockdown; Oil & Gas Has New Script
Industrial production – manufacturing output, oil-and-gas extraction, mining, and gas and electric utilities – fell 1.3% in September from August, pushed down by production of motor vehicles and parts...
Utilities And FUTY Dashboard For April
A dashboard with industry metrics in utilities.
Riding The Blue Wave: Utilities For 2021 And Beyond With UTES' John Bartlett (Podcast Transcript)
Despite the S&P 500 being up an impressive 18% in 2020, the utilities sector did not take part in the rally finishing the year flat. Reaves' John Bartlett has spent nearly 30 years closely tracking Ut...
FUTY: Preparing For The Worst
The FUTY holds diversified utilities and pays a reasonable income.
Utilities Dashboard - June Edition
A dashboard in utilities with metrics of value, quality and momentum.
Fidelity MSCI Utilities Index ETF: This Fund Is A Good One To Own In This Time Of Uncertainty
FUTY owns a portfolio of stocks that consists of mostly large-cap utility stocks in the U.S.
Best Value ETFs for Q1 2020
The best value ETFs of Q1 2020 are HEWY, XLU, and FUTY.