Fidelity MSCI Energy Index ETF

FENY

Market cap $1.38B

The Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) started 2026 with a 2% gain in the first week.

Energy rebounds in 2025 as electrification and AI demand lift the sector. ETFs like VDE offer broad exposure to this revival.

Looking for broad exposure to the Energy - Broad segment of the equity market? You should consider the Fidelity MSCI Energy Index ETF (FENY), a passively managed exchange traded fund launched on October 21, 2013.

Looking for broad exposure to the Energy - Broad segment of the equity market? You should consider the Fidelity MSCI Energy Index ETF (FENY), a passively managed exchange traded fund launched on October 21, 2013.

Fidelity MSCI Energy Index ETF and similar energy ETFs are well-positioned to benefit from the macro environment of inflation, monetary easing, and deficit-driven demand. For years, global oil and gas companies underinvested. This raises the odds that an increase in demand could push oil prices higher. The energy sector has the lowest valuation ratios and the highest dividend yield among all S&P 500 sectors.

Fidelity MSCI Energy Index ETF (FENY) is rated a hold, offering stable income through dividends but limited capital appreciation potential. FENY's top holdings—XOM, CVX, and COP—provide strong dividend sustainability due to cost-cutting and profitability, even amid low sector growth. With a low 0.08% expense ratio and over 3% dividend yield, FENY is attractive for income-focused investors seeking exposure to U.S. energy.

ETFs are all the rage, and amid their accelerated growth, the category has spawned numerous new subcategories, which can also sometimes overshadow underrated ETF segments in favor of shorter-term, flashier contenders. Investors may want that upside, but it's important to also have strong performers over longer time horizons.

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.

Upgrading FENY to a buy as geopolitical tensions drive oil prices higher, making energy equities more attractive amid market uncertainty. FENY offers strong value with a low P/E ratio, high dividend yield, and improved long-term earnings growth, supporting upside potential. Technical momentum is turning positive, with FENY poised to break above its 200-day moving average and resistance at $25.50 in sight.

Looking for broad exposure to the Energy - Broad segment of the equity market? You should consider the Fidelity MSCI Energy Index ETF (FENY), a passively managed exchange traded fund launched on 10/21/2013.