Fidelity® MSCI Energy Index ETF
Fund offered by:
Fidelity Investments
Ticker: FENY
Relative carbon footprint
384
tonnes CO2 / $1M USD invested
Carbon footprint
emissions per unit of investment
Expresses the greenhouse gas footprint of an investment sum. Relative carbon footprint is measured in metric tonnes of CO2 or CO2 equivalents per $1 million USD invested. A fund's carbon footprint accounts for direct and indirect (scope 1 and 2) emissions.
VERY HIGH compared to benchmarks
How do we compare funds to benchmarks?
Show all benchmarks 
Relative carbon intensity
380
tonnes CO2 / $1M USD revenue
Carbon intensity
emissions per unit of revenue
Expresses the carbon efficiency of a portfolio. Relative carbon intensity is measured in metric tonnes of CO2 or CO2 equivalents per $1 million USD revenue. A fund's carbon intensity accounts for direct and indirect (scope 1 and 2) emissions.
HIGH compared to benchmarks
How do we compare funds to benchmarks?
Show all benchmarks 
Carbon footprint profile is provided by yourSRI. Metrics like carbon footprint and carbon intensity are calculated by tracking and measuring the greenhouse gas emissions of the underlying companies owned by the fund.
yourSRI.com
Fidelity® MSCI Energy Index ETF
Benchmark: MSCI ACWI*
  
Emissions scope 1+2
tCO2e
378,365
112,825
  
Emissions scope 1+2+3
tCO2e
3.56M
427,960
  
Coverage
by # of disclosing titles
38%
57%
  
Coverage
by market value weight
94%
95%
* Full emissions and coverage data for MSCI ACWI benchmark provided by yourSRI
Emissions of the top 10 fund holdings
Top 10 holdings, portfolio weight and emissions weight (Scope 1 + 2)
What does this mean?
Financial performance
Performance data provided byMorningstarFind more financial data on FENY at Morningstar.com
Current fund
FENY
Fidelity® MSCI Energy Index ETF
Family
Fidelity Investments
Category
Equity Energy
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
World Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 9/30/21
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 5-yr returns 
-15.52% less in annualized returns
More invested in fossil fuels 
91% more invested
Higher carbon footprint 
269 tonnes CO2e/$1M USD higher
Less invested in Clean200 
14.1% less invested
Current fund
FENY
Fidelity® MSCI Energy Index ETF
Family
Fidelity Investments
Category
Equity Energy
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
World Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 9/30/21
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 5-yr returns 
-15.52% less in annualized returns
More invested in fossil fuels 
91% more invested
Higher carbon footprint 
269 tonnes CO2e/$1M USD higher
Less invested in Clean200 
14.1% less invested
Current fund
FENY
Fidelity® MSCI Energy Index ETF
Family
Fidelity Investments
Category
Equity Energy
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
World Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 9/30/21
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 5-yr returns 
-15.52% less in annualized returns
More invested in fossil fuels 
91% more invested
Higher carbon footprint 
269 tonnes CO2e/$1M USD higher
Less invested in Clean200 
14.1% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Carbon footprint
This fund
FENY - Fidelity® MSCI Energy Index ETF
90%
-7.52%
-2.18%
/
384 tCO2e
Benchmark
ACWI - iShares MSCI ACWI ETF
27%
13%
13%
12%
115 tCO2e
Fund compared to benchmark
 
63%
-20.07%
-15.52%
/
269 tCO2e higher
Find more financial data on FENY at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Ask your employer about fossil free options for your retirement plan
Find socially responsible funds that are five-badge fossil free
Divest Invest invites you to join them in pledging to invest fossil free
Visit Deforestation Free Funds to see exposure to rainforest destruction
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco:


We offer sustainable investment tools that highlight issues dealing with climate change, gender equality and more

About us

Invest Your Values is funded by contributions to As You Sow, a non-profit 501(c)3.

Donate

Invest Your Values is a project by As You Sow, a 501(c)3 nonprofit empowering shareholders to change corporations for good

Visit As You Sow

Legal    
© Copyright 2021 As You Sow. All rights reserved.
2020 Milvia St, Suite #500, Berkeley, CA 94704

Connect with As You Sow

Contact us      

Disclaimer: As You Sow is not an investment adviser

As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations.
See our full disclaimer