Fidelity MSCI Energy Index ETF Investment Guide and Insights

The Fidelity MSCI Energy Index ETF is a popular investment option that tracks the performance of the energy sector. It invests in a diversified portfolio of energy stocks, providing exposure to the growth potential of this sector.

The ETF has a low expense ratio of 0.08%, making it a cost-effective option for investors. This low cost can help minimize fees and maximize returns.

The fund is designed to provide broad exposure to the energy sector, with a focus on large-cap stocks. This can help investors benefit from the growth of established energy companies.

Investors can buy and sell shares of the Fidelity MSCI Energy Index ETF through a brokerage account or other investment platform.

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The Fidelity MSCI Energy Index ETF tracks the MSCI USA IMI Energy 25/50 Index, which gives you an idea of the types of companies and sectors it invests in.

This index is a benchmark for the ETF, and it's used to measure the performance of the fund. The index has a 100% weighting, meaning it's a pure play on the energy sector.

The ETF has 109 securities in its portfolio, which is a significant number of holdings. However, the top 10 holdings make up 63.2% of the ETF's assets, indicating a concentrated portfolio.

Here's a breakdown of the ETF's holdings:

The ETF has a 1.52 billion dollar market capitalization, which is a significant size for an ETF. The average maturity of the ETF is not specified, but it's worth noting that the ETF has a 0.0% bond allocation.

The Fidelity MSCI Energy Index ETF has a portfolio turnover rate of 11%, which is significantly lower than the average portfolio turnover of 36% for the Equity Energy category. This lower turnover rate can help reduce expenses and potentially lead to better after-tax returns.

The expense ratio for this ETF is 0.08%, which is relatively low compared to other ETFs in the category. In fact, it's the same as the lowest expense ratio listed for the category.

Here's a breakdown of the fees associated with the Fidelity MSCI Energy Index ETF:

The operating fees associated with Fidelity MSCI Energy ETF are relatively low. The expense ratio is 0.08%, which is a significant factor in determining the overall cost of the ETF.

This fee is also reflected in the ETF's fees as a percentage of assets under management (AUM). The expense ratio is the same as the management fee, both of which are 0.08%.

In the context of the Equity Energy category, the expense ratio is at the lower end of the spectrum. The category return low is 0.08%, which is the same as the expense ratio, indicating that the ETF is not charging any additional fees beyond the expense ratio.

Here's a breakdown of the operating fees:

When looking at sales fees, it's essential to understand the different types and their impact on your investments.

FENY fees can range from 0.5% to 5.75% of Assets Under Management (AUM), depending on the category.

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In some cases, sales fees are higher for front-load funds, with a Category Return Low of 2.00% and a Category Return High of 5.75%.

Deferred load funds, on the other hand, have lower sales fees, with a Category Return Low of 1.00% and a Category Return High of 1.00%.

Here's a breakdown of the sales fees mentioned in this article:

The Fidelity MSCI Energy Index ETF (FENY) has a portfolio turnover rate of 11%, which is relatively low compared to the average of 36% for the Equity Energy category.

This low turnover rate suggests that FENY holds its assets for a relatively long period of time, which can be beneficial in terms of reducing expenses and improving after-tax returns.

In December 2024, FENY returned -9.0%, earning it a grade of D within the Equity Energy category, which had an average return of -7.7%.

Here's a breakdown of FENY's return rankings over different time periods:

Over the past few years, FENY's returns have been quite volatile, with a return of 63.1% in 2022 and -33.1% in 2020.

In terms of calendar year returns, FENY's performance has been mixed, with a return of 6.6% in 2024 and 0.0% in 2023.

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The Fidelity MSCI Energy Index ETF has a diverse portfolio with top holdings in various energy companies.

Exxon Mobil Corp (XOM) is one of the largest holdings, with a significant presence in the portfolio at 3,612,279 shares as of 2024-04-30.

The portfolio has undergone changes, with XOM being added and reduced at different times. For example, it was added on 2024-04-30 and reduced on 2024-10-31.

Chevron Corp (CVX) is another significant holding, with 1,615,955 shares as of 2024-04-30. It was also added on 2024-04-30.

ConocoPhillips (COP) was added to the portfolio on 2024-04-30 with 1,073,194 shares.

Some of the holdings have undergone significant changes, with XOM being reduced by 527,185 shares on 2024-10-31.

Other holdings, like Pioneer Natural Resources Co (PXD), have been sold out of the portfolio entirely.

Here is a summary of the top holdings in the portfolio as of 2024-04-30:

The Fidelity MSCI Energy Index ETF is a popular investment option for those looking to tap into the energy sector.

It tracks the MSCI USA IMI Energy Index, which covers around 90% of the investable market for the energy sector in the US.

The ETF has a low expense ratio of 0.10%, making it an attractive option for cost-conscious investors.

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The stock sector breakdown is a crucial aspect of understanding the market. Energy is the largest sector, making up 99.83% of the total weighting.

This means that the energy sector has a significant impact on the overall market performance. The return for the energy sector can range from 0.00% to 100.00%.

The Basic Materials sector, on the other hand, is a relatively small part of the market, making up only 0.17% of the total weighting. Its return can range from 0.00% to 17.92%.

The Utilities sector is another small sector, making up 0.00% of the total weighting. Its return can range from 0.00% to 39.83%.

Here's a breakdown of the sectors and their corresponding weightings:

The FENY % Rank for the Energy sector is 19.12%, indicating its relative performance compared to other sectors. The Basic Materials sector has a FENY % Rank of 63.24%, indicating its relatively strong performance.

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Let's take a closer look at the stock geographic breakdown. The US market makes up a significant 99.80% of the stock, with a return low of 36.98% and a return high of 105.59%.

The non-US market, on the other hand, accounts for a mere 0.00% of the stock, with a return high of 62.84% and a FENY % rank of 70.59%.

Here's a breakdown of the key statistics:

This table provides a clear comparison of the US and non-US markets, highlighting the significant disparity in weighting and return statistics.

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