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FUTY - ETF AI Analysis
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Fidelity MSCI Utilities Index ETF (FUTY)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Constellation Energy and Vistra Energy, have delivered strong year-to-date performance, supporting the fund’s overall returns.
Low Expense Ratio
The ETF has a very low expense ratio, making it cost-effective compared to similar funds.
Stable Sector Focus
The fund’s heavy exposure to utilities, a traditionally stable sector, provides resilience during market volatility.
Negative Factors
High Geographic Concentration
The ETF is almost entirely focused on U.S. companies, limiting diversification across global markets.
Sector Over-Concentration
With nearly all assets in the utilities sector, the fund is vulnerable to sector-specific risks.
Mixed Performance Among Holdings
Some holdings, like Sempra Energy and Dominion Energy, have shown weaker year-to-date performance, which could drag on overall returns.
FUTY vs. SPDR S&P 500 ETF (SPY)
AUM2.15B
RegionNorth America
Expense Ratio0.08%
Beta0.33
IssuerFidelity
Inception DateOct 21, 2013
Dividend Yield2.67%
Asset ClassEquity
Index TrackedMSCI USA IMI Utilities 25/50 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume273,676
30 Day Avg. Volume216,029
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
63.32Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering64
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FUTY Summary
The Fidelity MSCI Utilities Index ETF (FUTY) is an investment fund that focuses on the utilities sector, which includes companies providing essential services like electricity, water, and natural gas. It follows the MSCI USA IMI Utilities Index, offering exposure to a wide range of U.S. utility companies. Some of its top holdings include well-known names like NextEra Energy and Duke Energy. Investors might consider FUTY for its potential stability and regular dividend payouts, as utilities are often seen as a defensive sector. However, new investors should be aware that the ETF’s performance is closely tied to the utilities sector, which could be impacted by changes in energy regulations or economic conditions.
How much will it cost me?The Fidelity MSCI Utilities Index ETF (FUTY) 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 fund that tracks an index, which typically keeps costs down.
What would affect this ETF?The Fidelity MSCI Utilities Index ETF (FUTY) could benefit from stable demand for essential services like electricity and water, as well as potential government support for renewable energy initiatives, which align with the holdings of companies such as NextEra Energy and Constellation Energy. However, rising interest rates or regulatory changes could negatively impact utility companies' profitability, and economic downturns might reduce investor interest in this sector despite its defensive nature.
FUTY Top 10 Holdings
The Fidelity MSCI Utilities Index ETF (FUTY) is firmly rooted in the U.S. utilities sector, offering a defensive play with steady dividend appeal. NextEra Energy leads the pack with robust growth plans, though recent bearish momentum has tempered its shine. Constellation Energy is rising, buoyed by its focus on nuclear energy and strong earnings, while Southern Co and Duke Energy are lagging due to cash flow challenges and bearish trends. With nearly all holdings concentrated in utilities, FUTY provides stability but faces mixed performance across its top names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| NextEra Energy | 11.24% | $241.46M | $166.17B | 9.44% | 71 Outperform | |
| Constellation Energy Corporation | 7.72% | $165.88M | $112.84B | 57.24% | 68 Neutral | |
| Southern Co | 6.50% | $139.65M | $95.12B | 3.88% | 68 Neutral | |
| Duke Energy | 6.21% | $133.46M | $90.82B | 7.18% | 70 Outperform | |
| American Electric Power | 4.21% | $90.50M | $61.50B | 24.66% | 69 Neutral | |
| Sempra Energy | 3.96% | $85.03M | $57.88B | 0.82% | 61 Neutral | |
| Vistra Energy | 3.75% | $80.50M | $54.78B | 12.77% | 65 Neutral | |
| Dominion Energy | 3.39% | $72.88M | $49.65B | 8.13% | 63 Neutral | |
| Exelon | 3.00% | $64.50M | $43.91B | 15.83% | 67 Neutral | |
| Xcel Energy | 2.99% | $64.32M | $43.78B | 8.50% | 61 Neutral |
FUTY Technical Analysis
Negative
―
Price Trends
56.90
Negative
56.01
Negative
53.46
Positive
Market Momentum
-0.48
Negative
45.07
Neutral
44.71
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FUTY, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 55.74, equal to the 50-day MA of 56.90, and equal to the 200-day MA of 53.46, indicating a neutral trend. The MACD of -0.48 indicates Negative momentum. The RSI at 45.07 is Neutral, neither overbought nor oversold. The STOCH value of 44.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FUTY.
FUTY Peer Comparison
Comparison Results
Performance Comparison
FUTY
Fidelity MSCI Utilities Index ETF
55.42
7.62
15.94%
VPU
Vanguard Utilities ETF
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XLRE
Real Estate Select Sector SPDR Fund
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FXU
First Trust Utilities AlphaDEX Fund
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IDU
iShares U.S. Utilities ETF
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UTES
Virtus Reaves Utilities 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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