Fidelity MSCI Utilities Index ETF

FUTY

Market cap $2.35B

The VIX ripped to 31.05 in late March before settling back near 18, and anyone who watched their growth holdings whip around during that stretch is probably re-reading the case for boring stocks.

NextEra's $66.8B Dominion deal fuels AI-driven power demand, making utility ETFs like XLU timely plays.

ETFs like XLU offer diversified exposure to utilities as AI, EVs and electrification drive a global surge in power demand.

Looking for broad exposure to the Utilities - Broad segment of the equity market? You should consider the State Street Utilities Select Sector SPDR ETF (XLU), a passively managed exchange traded fund launched on December 16, 1998.

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

Utilities have long been the portfolio's boring backbone: predictable dividends, regulated cash flows, and a tendency to hold up when riskier assets sell off.

High-yield savings accounts looked like the obvious choice two years ago, when the Fed funds rate sat above 5% and online banks were handing out 5% APY with no strings attached.

Fidelity MSCI Utilities Index ETF offers pure-play U.S. utilities exposure, tracking the MSCI USA IMI Utilities 25/50 Index with a competitive 0.084% expense ratio. FUTY is positioned for capital appreciation, not income, with a 2.70% 30-day SEC yield and over half its portfolio in mid-cap utilities. Sector CapEx is on a strong structural uptrend, focused on regulated assets like transmission and distribution, supporting long-term growth and tariff recovery.

If you're interested in broad exposure to the Utilities - Broad segment of the equity market, look no further than the Fidelity MSCI Utilities Index ETF (FUTY), a passively managed exchange traded fund launched on October 21, 2013.

A third Fed rate cut this year is boosting utilities, making diversified Utility ETFs like XLU an attractive way to tap lower borrowing costs and steady dividends.