Category Review
The large US oil-company fund returned 45% this year. A pipeline-and-power fund returned 13%.
Fidelity MSCI Energy Index ETF
$36.89−1.59 (−4.13%)
- 0.08%
- $2.09B
- +61.4%
- 2.05%
- 1.26M sh
- low $23.98high $38.53
The ETF.net FENY Grade
A
Score 77 out of 100
- 2 of 25
Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A98 out of 100Rank 1 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 16 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A90 out of 100Rank 2 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C48 out of 100Rank 17 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A78 out of 100Rank 6 of 25
Our read on FENY
In short
AOne of the cheapest ways to own U.S. energy: 0.08% a year for roughly 110 energy stocks tracked through MSCI's full-market benchmark. No stock picking, no clever tilts, just the sector at cost.
Stated mandate
Seeks investment returns that generally correspond, before fees and expenses, to the performance of the MSCI USA IMI Energy 25/50 Index. The fund invests at least 80% of assets in securities included in that index and uses representative sampling.
Why people hold it
Worth knowing
FENY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FENY$16,142
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FENY |
|---|---|
| Year to date | +58.3% |
| 1 month | +13.5% |
| 3 months | +17.1% |
| 1 year | +61.4% |
| 3 years | +21.3% |
| 5 years | +23.4% |
| 10 years | +11.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FENY |
|---|---|---|
| 2026 YTD | +58.3% | |
| 2025 | +7.3% | |
| 2024 | +6.6% | |
| 2023 | 0.0% | |
| 2022 | +63.1% | |
| 2021 | +55.7% | |
| 2020 | −33.1% |
FENY in the news
FENY Dividends
- 2.05%
- $0.79
- $0.21 per share
- Quarterly
FENY Risk
- 21.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.81
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −26.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FENY Cost
Overpaying vs XLE, cheapest in Energy (Broad)
$84
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FENY 0.084%
$1,773
XLE 0.08% Cheapest
$1,689
Cost over time
Year by year
| Year | FENY | XLE | Overpaying |
|---|---|---|---|
| 10 | $154 | $147 | $7 |
| 20 | $603 | $575 | $28 |
| 30 | $1,773 | $1,689 | $84 |
Other funds in Energy (Broad)
- AXLEState Street Energy Select Sector SPDR ETFExpense ratio 0.08%1 year return +63.4%
- AVDEVanguard Energy ETFExpense ratio 0.09%1 year return +61.2%
- BENFRAlerian Energy Infrastructure ETFExpense ratio 0.35%1 year return +39.6%
- BIYEiShares U.S. Energy ETFExpense ratio 0.37%1 year return +61.3%
- BRSPGInvesco S&P 500 Equal Weight Energy ETFExpense ratio 0.40%1 year return +59.0%
