Fidelity MSCI Energy Index ETF has a low expense ratio of 0.08% and is expected to benefit from much better growth in 2025. FENY's fund price has been steadily rising since 2020, with strong earnings growth expected in 2025. The energy sector is trading at an attractive valuation relative to historical averages, making FENY a buy with limited downside risk for 2025.
The Fidelity MSCI Energy Index ETF (FENY) was launched on 10/21/2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Broad segment of the equity market.
Both Brent and the U.S. crude gained more than 3% for the week, marking the best week since Apr 5 buoyed by solid projections for crude demand.