Fidelity® MSCI Energy Index ETF company info

What does Fidelity® MSCI Energy Index ETF do?
Fidelity® MSCI Energy Index ETF (NYSE:FENY) operates as an exchange-traded fund aiming to provide investment returns that correspond, before fees and expenses, to the performance of the MSCI USA IMI Energy Index. This index represents the performance of the energy sector in the U.S. equity market. Through this ETF, Fidelity offers investors diverse exposure to a range of companies within the energy sector, including both traditional and emerging segments. The objective of Fidelity® MSCI Energy Index ETF is to enable investors to tap into the potential growth and income opportunities within the energy industry, by tracking top-performing companies that are primarily involved in the exploration, production, and distribution of energy.
Fidelity® MSCI Energy Index ETF company media
Company Snapshot

Is Fidelity® MSCI Energy Index ETF a public or private company?

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Ownership
Public

How many people does Fidelity® MSCI Energy Index ETF employ?

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Employees
75,010

What sector is Fidelity® MSCI Energy Index ETF in?

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Sector
ETF

Where is the head office for Fidelity® MSCI Energy Index ETF?

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Head Office
Boston, United States

What year was Fidelity® MSCI Energy Index ETF founded?

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Year Founded
2013
What does Fidelity® MSCI Energy Index ETF specialise in?
/Energy Equities /Investment Management /Asset Diversification /Performance Tracking /Exchange Traded Fund /Financial Services

What are the products and/or services of Fidelity® MSCI Energy Index ETF?

Overview of Fidelity® MSCI Energy Index ETF offerings
Tracks the MSCI USA IMI Energy 25/50 Index: This index measures the performance of companies across the entire energy sector in the U.S. equity market, including large, mid, and small-cap companies.
Invests in at least 80% of the index: The ETF invests in at least 80% of the securities that make up the MSCI USA IMI Energy 25/50 Index.
Passively managed: The ETF is passively managed, meaning it tracks the index and doesn't try to outperform it through security selection.
Expense ratio of 0.08%: The ETF has a low expense ratio of 0.08%, which means that it charges investors 0.08% of their assets annually to cover the costs of operating the ETF.