FENY ETF

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, reflecting higher returns from traditional energy sources. Despite decent forward returns on equity projected, high beta and potential long-term decline suggest FENY is overvalued.

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 growth expected in 2025. The energy sector is trading at an attractive valuation relative to historical averages, making FENY a buy with limited downside risk for 2025.

The Fidelity MSCI Energy Index ETF (FENY) was launched on 10/21/2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Broad segment of the equity market.

Both Brent and the U.S. crude gained more than 3% for the week, marking the best week since Apr 5 buoyed by solid projections for crude demand.

Fidelity MSCI Energy Index ETF provides access to the U.S. energy industry at a minimal cost of 0.08%. Oil prices are expected to rise due to robust supply and demand dynamics, as well as geopolitical tensions in key regions. The energy sector is currently undervalued compared to historical norms and the overall market, indicating potential growth for FENY.

Investors looking for momentum may be interested in the Fidelity Energy MSCI ETF FENY, which recently reached a 52-week high and has increased by 30.78% from its low of $20.73 per share.

Designed to provide broad exposure to the Energy - Broad segment of the equity market, the Fidelity MSCI Energy Index ETF (FENY) is a passively managed exchange traded fund launched on 10/21/2013.

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, Exxon and Chevron, accounting for 35% of its total weight. FENY has a low expense ratio of 0.08%, allowing investors to keep almost all of their dividends, and a distribution yield of 3.43%.

Launched on 10/21/2013, the Fidelity MSCI Energy Index ETF (FENY) is a passively managed exchange traded fund designed to provide a broad exposure to the Energy - Broad segment of the equity market.