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This ETF is designed to mirror the financial performance of the MSCI USA IMI Utilities 25/50 Index.
Is FUTY's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Electricity is becoming a stronger economic growth engine, powering AI data centres, EVs, heat pumps and industrial decarbonisation. But grids aren't keeping up.
The Fidelity MSCI Utilities Index ETF (FUTY) is positioned for double-digit returns in 2026 and beyond, driven by explosive electricity demand growth. FUTY benefits from a sector-wide 29% capex surge, blockbuster mergers like NextEra and Dominion, and robust earnings forecasts across top holdings. The ETF offers broad utilities exposure, a 2.60% dividend yield, lower-than-market P/E ratios, and a low 0.08% expense ratio, supporting long-term value.
Gas utilities are near historical value and quality baselines, water utilities are undervalued by 21%, while electricity and multi-utilities are overvalued by 14%. Fidelity MSCI Utilities Index ETF closely tracks the benchmark XLU in risk-adjusted returns, but XLU has an edge in liquidity, valuation, and growth metrics. 10 stocks are cheaper than their peers in June.
Looking for broad exposure to the Utilities - Broad segment of the equity market? You should consider the Fidelity MSCI Utilities Index ETF (FUTY), a passively managed exchange traded fund launched on October 21, 2013.
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.