FUTY — Fidelity MSCI Utilities Index ETF

FUTY Price Performance — Growth of $10,000

Value of a $10,000 investment in FUTY over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

FUTY Drawdown

The "underwater" chart: FUTY's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Fidelity MSCI Utilities Index ETF (FUTY) is a Utilities sector fund issued by Fidelity Investments with $2.35 billion in assets under management. It currently holds an overall rank of #287 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 57.5 out of 100. The fund charges an expense ratio of 0.084% and offers a dividend yield of 2.59%. Trading at a price of $58.57, the fund's substantial asset base suggests significant investor adoption within its specific category. It is one of five ETFs that ETFValuer tracks in the Utilities category. The combination of a low expense ratio and a moderate dividend yield positions the fund as a cost-effective income vehicle relative to its peers. Its ranking places it in the middle tier of the broader ETF universe despite its strong asset size.

Over the last trading day, the fund declined by 0.36% before recovering to a weekly gain of 1.07%. Monthly performance shows a contraction of 1.58%, while the three-month return reflects a further decline of 1.24%. In contrast, the six-month horizon demonstrates a positive trajectory with a return of 6.75%, and year-to-date gains stand at 6.27%. The one-year return is recorded at 10.39%, which is slightly lower than the 10.72% return of peer XLU and marginally higher than the 10.38% return of peer VPU. The three-year annualized return is notably higher at 49.87%, indicating a significant divergence between recent short-term results and long-term performance. This pattern suggests a recent deceleration in momentum compared to the robust growth seen over the longer three-year period.

FUTY carries a volatility label of Low and a beta of 0.50, indicating that the fund has historically exhibited less price fluctuation than the broader market. The Sharpe ratio of 0.37 suggests a moderate risk-adjusted return profile relative to the risk taken. During market downturns, the fund experienced a maximum drawdown of -15.63%, which represents the largest peak-to-trough decline recorded. The combination of a low beta and a low volatility label implies that the fund tends to move less aggressively than the market in both up and down directions. However, the maximum drawdown figure indicates that despite these lower volatility metrics, the fund is still subject to significant declines during adverse market conditions. The Sharpe ratio further contextualizes these movements by showing that the returns generated have not been exceptionally high relative to the volatility experienced.

AI-generated summary based on the data on this page.

FUTY Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 53.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how FUTY's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With FUTY

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with FUTY's top 10 — VPU overlaps most, holding 10 of the same companies as FUTY's top 10 (53.1% of FUTY's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

FUTY Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 11.12% and average daily volume is 315K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.35B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: FUTY is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

FUTY Performance History

How FUTY Compares to Other Utilities ETFs