Exchange-traded fund
Fidelity® MSCI Energy Index ETF
TickerFENY
Fund manager
Fidelity Investments

Fossil fuel companiesare fueling the climate crisis.

Fossil fuel exposure of 98.83% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
Exxon Mobil Corp
Carbon Underground 200Top 200 carbon reserves
$325.16 MILLION
Chevron Corp
Carbon Underground 200Top 200 carbon reserves
$244.6 MILLION
ConocoPhillips
Carbon Underground 200Top 200 carbon reserves
$113.3 MILLION
EOG Resources Inc
Carbon Underground 200Top 200 carbon reserves
$57.94 MILLION
Occidental Petroleum Corp
Carbon Underground 200Top 200 carbon reserves
$54.2 MILLION
Pioneer Natural Resources Co
Carbon Underground 200Top 200 carbon reserves
$47.96 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
37
holdings
$1.08B
invested
70%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
3
holdings
$6.04M
invested
0.4%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
103
holdings
$1.5B
invested
98%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
1
holdings
$222,403
invested
0.01%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
106 holdings
106 holdings
  • 1. Exxon Mobil Corp
    Carbon Underground 200Oil/gas industry
    $325.16M
    21%
  • 2. Chevron Corp
    Carbon Underground 200Oil/gas industry
    $244.6M
    16%
  • 3. ConocoPhillips
    Carbon Underground 200Oil/gas industry
    $113.3M
    7.42%
  • 4. EOG Resources Inc
    Carbon Underground 200Oil/gas industry
    $57.94M
    3.8%
  • 5. Occidental Petroleum Corp
    Carbon Underground 200Oil/gas industry
    $54.2M
    3.55%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
Fidelity® MSCI Energy Index ETF $FENY is 99% invested in fossil fuel stocks, with $1.51 BILLION invested across 106 equity holdings
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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
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/22
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:
Higher
 5-yr returns 
2.62% more in annualized returns
More invested in fossil fuels 
89% more invested
Higher carbon footprint 
288 tonnes CO2e/$1M USD higher
Less invested in Clean200 
15.76% 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
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/22
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:
Higher
 5-yr returns 
2.62% more in annualized returns
More invested in fossil fuels 
89% more invested
Higher carbon footprint 
288 tonnes CO2e/$1M USD higher
Less invested in Clean200 
15.76% 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
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/22
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:
Higher
 5-yr returns 
2.62% more in annualized returns
More invested in fossil fuels 
89% more invested
Higher carbon footprint 
288 tonnes CO2e/$1M USD higher
Less invested in Clean200 
15.76% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
FENY - Fidelity® MSCI Energy Index ETF
74%
19%
9.68%
/
99% 
Benchmark
ACWI - iShares MSCI ACWI ETF
-15.95%
7.97%
7.07%
8.85%
9.94% 
Fund compared to benchmark
 
90%
11%
2.62%
/
89%  higher
Find more financial data on FENY at Morningstar.com
What's next?
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