18-Mar-2024
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The ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Energy 25/50 Index.
Fidelity MSCI Energy Index ETF trades on the ARCA stock market under the symbol FENY.
As of March 18, 2024, FENY stock price climbed to $24.96 with 654,494 million shares trading.
FENY has a beta of 0.80, meaning it tends to be less sensitive to market movements. FENY has a correlation of 0.17 to the broad based SPY ETF.
FENY has a market cap of $1.75 billion. This is considered a Small Cap stock.
In the last 3 years, FENY stock traded as high as $25.98 and as low as $12.26.
FENY has underperformed the market in the last year with a return of +24.3%, while the SPY ETF gained +33.2%. In the last 3 month period, FENY fell short of the market, returning +8.7%, while SPY returned +9.0%. However, in the most recent 2 weeks FENY has outperformed the stock market by returning +6.3%, while SPY returned +0.4%.
FENY support price is $24.64 and resistance is $25.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FENY stock will trade within this expected range on the day.