Fossil fuel companiesare fueling the climate crisis.


Fidelity MSCI Energy Index ETF

Shareclass
Fidelity MSCI Energy ETF (FENY)
Type
Exchange-traded fund
Fossil fuel exposure of 98.76% 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
$465.59 MILLION
Chevron Corp
Carbon Underground 200Top 200 carbon reserves
$257.64 MILLION
ConocoPhillips
Carbon Underground 200Top 200 carbon reserves
$122.8 MILLION
EOG Resources Inc
Carbon Underground 200Top 200 carbon reserves
$64.91 MILLION
Hess Corp
Carbon Underground 200Top 200 carbon reserves
$37.81 MILLION
Occidental Petroleum Corp
Carbon Underground 200Top 200 carbon reserves
$36.68 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
34
holdings
$1.21B
invested
66%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
2
holdings
$5.34M
invested
0.29%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
107
holdings
$1.81B
invested
98%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
3
holdings
$4.5M
invested
0.25%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
109 holdings
109 holdings
  • 1. Exxon Mobil Corp
    Carbon Underground 200Oil/gas industry
    $465.59M
    25%
  • 2. Chevron Corp
    Carbon Underground 200Oil/gas industry
    $257.64M
    14%
  • 3. ConocoPhillips
    Carbon Underground 200Oil/gas industry
    $122.8M
    6.69%
  • 4. EOG Resources Inc
    Carbon Underground 200Oil/gas industry
    $64.91M
    3.54%
  • 5. Marathon Petroleum Corp
    Oil/gas industry
    $59.47M
    3.24%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
Fidelity MSCI Energy Index ETF $FENY is 99% ($1.81 BILLION) invested in fossil fuel stocks
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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: 6/30/24
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
 10-yr returns 
-6.4% less in annualized returns
More invested in fossil fuels 
89% more invested
Lower fossil finance risk score 
18 points lower
Lower fossil insurance risk score 
16 points lower
Less invested in Clean200 
15.53% 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: 6/30/24
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
 10-yr returns 
-6.4% less in annualized returns
More invested in fossil fuels 
89% more invested
Lower fossil finance risk score 
18 points lower
Lower fossil insurance risk score 
16 points lower
Less invested in Clean200 
15.53% 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: 6/30/24
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
 10-yr returns 
-6.4% less in annualized returns
More invested in fossil fuels 
89% more invested
Lower fossil finance risk score 
18 points lower
Lower fossil insurance risk score 
16 points lower
Less invested in Clean200 
15.53% 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
17%
24%
13%
2.17%
99% 
Benchmark
ACWI - iShares MSCI ACWI ETF
19%
5.44%
11%
8.57%
9.69% 
Fund compared to benchmark
 
-2.5%
18%
2.03%
-6.4%
89%  higher
Find more financial data on FENY at Morningstar.com
What's next?
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