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Oil shock playbook: Defensive sectors outperform while tech lags, Schroders says
Seeking Alpha News (Tue, 17-Mar 8:58 AM ET)
The ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Utilities 25/50 Index.
Fidelity MSCI Utilities Index ETF trades on the ARCA stock market under the symbol FUTY.
As of March 19, 2026, FUTY stock price declined to $59.76 with 301,277 million shares trading.
FUTY has a beta of 0.26, meaning it tends to be less sensitive to market movements. FUTY has a correlation of 0.10 to the broad based SPY ETF.
FUTY has a market cap of $2.43 billion. This is considered a Mid Cap stock.
In the last 3 years, FUTY traded as high as $61.51 and as low as $35.32.
FUTY has outperformed the market in the last year with a price return of +20.4% while the SPY ETF gained +19.1%. FUTY has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.3% and -1.9%, respectively, while the SPY returned -1.7% and -3.5%, respectively.
FUTY support price is $59.60 and resistance is $60.80 (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 FUTY shares will trade within this expected range on the day.
