Fidelity Msci Energy Etf Profile
| FENY Etf | USD 26.91 0.11 0.41% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Fidelity MSCI is trading at 26.91 as of the 25th of November 2024; that is 0.41 percent increase since the beginning of the trading day. The etf's open price was 26.8. Fidelity MSCI has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Fidelity MSCI Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of December 2023 and ending today, the 25th of November 2024. Click here to learn more.
The fund invests at least 80 percent of assets in securities included in the funds underlying index. Fidelity Energy is traded on NYSEARCA Exchange in the United States. More on Fidelity MSCI Energy
Moving together with Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Energy ETFs, Energy, Equity Energy, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2013-10-24 |
| Benchmark | MSCI USA IMI Energy 25/50 Linked Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.66 Billion |
| Average Trading Valume | 704,386.2 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Fidelity Service Company, Inc. |
| Advisor | Fidelity SelectCo, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Corporation |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Alan Mason, Greg Savage |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 119 |
| Market Maker | Latour Trading |
| Total Expense | 0.084 |
| Management Fee | 0.084 |
| Country Name | USA |
| Returns Y T D | 19.51 |
| Name | Fidelity MSCI Energy Index ETF |
| Currency Code | USD |
| Open Figi | BBG005FHW2W9 |
| In Threey Volatility | 27.33 |
| 1y Volatility | 12.42 |
| 200 Day M A | 24.9668 |
| 50 Day M A | 25.0056 |
| Code | FENY |
| Updated At | 24th of November 2024 |
| Currency Name | US Dollar |
Fidelity MSCI Energy [FENY] is traded in USA and was established 2013-10-21. The fund is listed under Equity Energy category and is part of Fidelity Investments family. The entity is thematically classified as Sector ETFs. Fidelity MSCI Energy currently have 1.34 B in assets under management (AUM). , while the total return for the last 3 years was 25.1%.
Check Fidelity MSCI Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity MSCI Energy Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity MSCI Energy Etf Constituents
| COP | ConocoPhillips | Stock | Energy | |
| CVX | Chevron Corp | Stock | Energy | |
| EOG | EOG Resources | Stock | Energy | |
| KMI | Kinder Morgan | Stock | Energy | |
| MPC | Marathon Petroleum Corp | Stock | Energy | |
| PSX | Phillips 66 | Stock | Energy | |
| PXD | Pioneer Natural Resources | Stock | Energy | |
| SLB | Schlumberger NV | Stock | Energy |
Fidelity MSCI Top Holders
| QAISX | Q3 All Weather Sector | Mutual Fund | Tactical Allocation | |
| LCR | Leuthold Core ETF | Etf | Tactical Allocation | |
| RPAR | RPAR Risk Parity | Etf | Moderately Conservative Allocation | |
| NFDIX | Newfound Risk Managed | Mutual Fund | Tactical Allocation |
Fidelity MSCI Energy Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity MSCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1067 | |||
| Jensen Alpha | 0.0582 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.027 |
Fidelity MSCI Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity MSCI Energy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Fidelity MSCI Energy is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity MSCI's value that differs from its market value or its book value, called intrinsic value, which is Fidelity MSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity MSCI's market value can be influenced by many factors that don't directly affect Fidelity MSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.