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Designed to provide broad exposure to the Utilities - Broad segment of the equity market, the Fidelity MSCI Utilities Index ETF (FUTY) is a passively managed exchange traded fund launched on October 21, 2013.
Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY - Get Free Report) hit a new 52-week low during trading on Monday. The stock traded as low as $50.64 and last traded at $50.6680, with a volume of 112938 shares. The stock had previously closed at $51.17. Fidelity MSCI Utilities Index ETF Stock Performance The firm
Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY - Get Free Report)'s stock price hit a new 52-week low on Monday. The company traded as low as $52.73 and last traded at $52.7820, with a volume of 236069 shares trading hands. The stock had previously closed at $52.75. Fidelity MSCI Utilities Index ETF Price Performance The
At the end of last week, 75% of S&P 500 Technology stocks closed above their 200-DMAs for the first time in 219 trading days. Even after its recent improvement, Technology is hardly exceptional compared with the rest of the market.
The Fidelity MSCI Utilities Index ETF (FUTY) was launched on October 21, 2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Utilities - Broad segment of the equity market.
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.