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FENY - ETF AI Analysis
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Fidelity MSCI Energy Index ETF (FENY)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several major positions, like Exxon Mobil and Chevron, have delivered steady gains, supporting the fund’s overall performance.
Low Expense Ratio
The ETF charges a very low expense ratio, making it cost-effective for investors compared to similar funds.
Focused Sector Exposure
The ETF’s concentration in the energy sector allows investors to benefit from targeted exposure to a high-performing industry.
Negative Factors
Over-Concentration in Energy
Nearly all of the fund’s assets are tied to the energy sector, increasing vulnerability to sector-specific downturns.
Weak Performance of Some Holdings
Several top holdings, like ConocoPhillips and EOG Resources, have underperformed year-to-date, dragging on the fund’s returns.
Limited Geographic Diversification
The ETF is heavily focused on U.S. companies, offering minimal exposure to international markets.
FENY vs. SPDR S&P 500 ETF (SPY)
AUM1.29B
RegionNorth America
Expense Ratio0.08%
Beta0.64
IssuerFidelity
Inception DateOct 21, 2013
Dividend Yield3.11%
Asset ClassEquity
Index TrackedMSCI USA IMI Energy 25/50 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,327,020
30 Day Avg. Volume3,801,800
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
28.81Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FENY Summary
The Fidelity MSCI Energy Index ETF (FENY) is an investment fund that focuses on the energy sector, tracking the MSCI USA IMI Energy Index. It includes companies involved in exploring, producing, and distributing energy resources. Some of its top holdings are well-known names like Exxon Mobil and Chevron. Investors might consider FENY for its potential to benefit from the growth of the energy industry and its diversification within this sector. However, new investors should be aware that the ETF’s performance is closely tied to the energy market, which can be volatile due to changes in oil prices and geopolitical events.
How much will it cost me?The Fidelity MSCI Energy Index ETF (FENY) has an expense ratio of 0.084%, meaning you’ll pay $0.84 per year for every $1,000 invested. This is lower than average because it’s a passively managed ETF that tracks an index, which typically has lower costs compared to actively managed funds.
What would affect this ETF?The Fidelity MSCI Energy Index ETF (FENY) could benefit from rising energy demand, technological advancements in energy production, and geopolitical events that drive oil and gas prices higher, especially given its heavy exposure to U.S. energy companies like Exxon Mobil and Chevron. However, it may face challenges from regulatory changes targeting fossil fuels, economic slowdowns reducing energy consumption, or shifts toward renewable energy that could impact traditional energy sector growth.
FENY Top 10 Holdings
The Fidelity MSCI Energy Index ETF (FENY) is heavily concentrated in the U.S. energy sector, with Exxon Mobil and Chevron leading the charge. Exxon’s steady performance and operational strength are helping to buoy the fund, while Chevron’s recent declines are holding it back slightly. Valero Energy and Marathon Petroleum are rising stars, contributing positively with strong financial results and strategic efficiencies. On the other hand, ConocoPhillips and EOG Resources are lagging, weighed down by bearish momentum and project cost concerns. Overall, the fund’s focus on energy giants makes it a play on the sector’s ups and downs.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Exxon Mobil | 22.81% | $293.25M | $482.91B | -1.70% | 75 Outperform | |
| Chevron | 15.25% | $196.06M | $299.07B | -8.61% | 74 Outperform | |
| Conocophillips | 5.76% | $74.08M | $107.04B | -18.88% | 75 Outperform | |
| Williams Co | 3.79% | $48.79M | $72.50B | 1.71% | 68 Neutral | |
| Marathon Petroleum | 3.06% | $39.37M | $57.11B | 20.91% | 70 Outperform | |
| EOG Resources | 3.05% | $39.22M | $57.23B | -19.58% | 74 Outperform | |
| Valero Energy | 2.87% | $36.85M | $53.10B | 24.73% | 75 Outperform | |
| Phillips 66 | 2.85% | $36.60M | $54.04B | -0.09% | 73 Outperform | |
| Kinder Morgan | 2.81% | $36.17M | $59.00B | -4.52% | 68 Neutral | |
| Schlumberger | 2.81% | $36.14M | $53.63B | -17.43% | 75 Outperform |
FENY Technical Analysis
Neutral
―
Price Trends
24.59
Negative
24.24
Positive
23.70
Positive
Market Momentum
0.09
Positive
48.09
Neutral
30.38
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FENY, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 24.74, equal to the 50-day MA of 24.59, and equal to the 200-day MA of 23.70, indicating a neutral trend. The MACD of 0.09 indicates Positive momentum. The RSI at 48.09 is Neutral, neither overbought nor oversold. The STOCH value of 30.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FENY.
FENY Peer Comparison
Comparison Results
Performance Comparison
FENY
Fidelity MSCI Energy Index ETF
24.58
-0.91
-3.57%
VDE
Vanguard Energy ETF
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―
―
MLPX
Global X MLP & Energy Infrastructure ETF
―
―
―
MLPA
Global X MLP ETF
―
―
―
XOP
SPDR S&P Oil & Gas Exploration & Production ETF
―
―
―
IYE
iShares U.S. Energy ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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