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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.
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.
Apollon Wealth Management LLC lifted its stake in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 9.0% during the undefined quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 131,183 shares of the company's stock after purchasing an additional 10,845 shares during