Fidelity® MSCI Utilities Index ETF

10-Year Study

FUTY.US · · US · ETF

Executive Summary: Fidelity® MSCI Utilities Index ETF has compounded at 9.9% annually over the last 10 years, with a maximum drawdown of 19.1% and an annualized volatility of 21.3%.

1Y CAGR
+17.2%
3Y CAGR
+16.2%
5Y CAGR
+10.5%
10Y CAGR
+9.9%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
19.1%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.42
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.67
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
15.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +24.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · -7.5%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20261.59.6-3.91.3————————8.4%
20252.92.00.3-0.03.70.35.0-1.34.31.91.7-5.116.4%
2024-3.31.46.81.68.7-5.47.04.46.3-1.24.2-8.023.2%
2023-1.6-5.74.41.5-5.71.52.4-6.3-5.70.95.02.4-7.5%
2022-3.3-1.99.8-4.44.5-5.15.80.3-11.12.66.9-0.91.1%
2021-0.8-5.710.23.9-2.3-1.93.93.7-6.25.2-1.79.617.5%
20206.1-10.1-10.13.34.2-4.97.3-2.60.44.91.80.9-0.8%
20193.83.82.80.8-0.93.4-0.14.84.0-0.8-2.13.224.9%
2018-3.3-4.14.22.3-0.42.51.81.2-0.51.23.8-4.14.4%
20171.34.80.00.73.9-2.42.62.9-2.54.02.8-5.812.5%
2016———-2.01.67.7-0.8-5.50.50.8-4.44.61.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 21.3%. The dominant macroeconomic risk driver is SHV.US, accounting for 48.1% of variance. Idiosyncratic stock-specific factors contribute 11.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019802.02504211783
2016-05-019959.152055942635
2016-06-0110723.241421931749
2016-07-0110640.910591681411
2016-08-0110051.853607741215
2016-09-0110106.543290354808
2016-10-0110186.41901101413
2016-11-019742.298151895091
2016-12-0110187.011623674029
2017-01-0110315.947206677898
2017-02-0110815.646667400379
2017-03-0110817.847800137148
2017-04-0110895.818694389653
2017-05-0111324.489294875595
2017-06-0111052.564742933095
2017-07-0111343.833865273744
2017-08-0111674.427070546304
2017-09-0111383.07328925424
2017-10-0111841.289863783748
2017-11-0112174.253519695905
2017-12-0111462.483385680785
2018-01-0111087.147924585808
2018-02-0110629.142997434832
2018-03-0111071.697665952708
2018-04-0111326.224803379586
2018-05-0111286.054130933537
2018-06-0111572.878658324938
2018-07-0111775.594517486308
2018-08-0111914.138891475692
2018-09-0111858.475630920837
2018-10-0112004.893287391744
2018-11-0112467.046503162013
2018-12-0111961.759551646193
2019-01-0112411.0446068015
2019-02-0112880.859457674758
2019-03-0113238.374209497042
2019-04-0113348.981129519732
2019-05-0113228.003487948798
2019-06-0113671.870370213595
2019-07-0113657.943972705954
2019-08-0114315.955672573042
2019-09-0114895.192218149186
2019-10-0114775.992414557955
2019-11-0114471.008542088197
2019-12-0114939.511179214534
2020-01-0115847.182126802178
2020-02-0114247.254933500395
2020-03-0112813.301614446204
2020-04-0113234.225920877745
2020-05-0113783.57785660467
2020-06-0113113.332938258227
2020-07-0114073.365447295571
2020-08-0113703.024864334033
2020-09-0113757.756876423331
2020-10-0114428.59440742967
2020-11-0114693.322948501958
2020-12-0114820.142057720475
2021-01-0114695.989705471507
2021-02-0113859.643924450353
2021-03-0115273.787048873615
2021-04-0115870.16703211114
2021-05-0115509.39291065941
2021-06-0115217.573505134565
2021-07-0115818.440412797048
2021-08-0116397.04201623759
2021-09-0115375.801085327757
2021-10-0116171.468240194377
2021-11-0115898.78175768915
2021-12-0117418.40993557454
2022-01-0116839.300378425516
2022-02-0116519.670507361097
2022-03-0118146.180611406948
2022-04-0117350.936751297402
2022-05-0118123.449682952225
2022-06-0117203.376198982398
2022-07-0118198.288196002402
2022-08-0118244.046359241795
2022-09-0116210.707664174872
2022-10-0116625.36720820176
2022-11-0117769.575266040756
2022-12-0117613.125523827264
2023-01-0117331.041897715055
2023-02-0116345.654032729151
2023-03-0117072.15482429035
2023-04-0117333.200700976122
2023-05-0116351.41084142532
2023-06-0116593.87407827567
2023-07-0116986.352977032027
2023-08-0115922.740240939376
2023-09-0115020.191159912296
2023-10-0115154.88355161233
2023-11-0115915.374912166339
2023-12-0116298.879962072791
2024-01-0115764.343342843356
2024-02-0115987.715986149797
2024-03-0117081.721285800155
2024-04-0117355.550664149476
2024-05-0118857.569780140708
2024-06-0117840.434808374463
2024-07-0119090.42422600554
2024-08-0119934.558630556803
2024-09-0121184.632707139288
2024-10-0120935.269765748682
2024-11-0121822.368588142668
2024-12-0120079.579414329375
2025-01-0120655.979885033146
2025-02-0121059.464447473358
2025-03-0121133.075405728025
2025-04-0121128.927117108728
2025-05-0121900.424141346586
2025-06-0121974.03509960126
2025-07-0123072.738971055107
2025-08-0122776.136334775358
2025-09-0123752.8466572413
2025-10-0124215.550156195764
2025-11-0124627.75459063164
2025-12-0123374.33648546829
2026-01-0123734.137028978763
2026-02-0126007.229874450775
2026-03-0125004.02130019218
2026-04-0125334.191210707668
Annual Return Matrix
YearAnnual Return
20170.12520568436798807
20180.04355741676268132
20190.24893926472201477
2020-0.007990162466636752
20210.17532003861599366
20220.01117872348698401
2023-0.07461739598554173
20240.23196069061519586
20250.16408496428902697
20260.08384643245201029
Total Factor Risk
0.2130684745813741
VTI.US Exposure
-0.029635272922609656
VEA.US Exposure
-0.032171480478074714
VWO.US Exposure
0.008322632215570443
QQQ.US Exposure
0.011133738417227977
VTV.US Exposure
0.25142067753367187
IJR.US Exposure
-0.08802718547235874
QUAL.US Exposure
-0.024632835233673465
SHV.US Exposure
0.480856212157925
TLT.US Exposure
-0.03303558370812802
LQD.US Exposure
0.06342991230807583
HYG.US Exposure
-0.007609292830277339
GLD.US Exposure
0.030964724851164156
USO.US Exposure
0.003536647225728487
VNQ.US Exposure
0.14520766425516526
BTC-USD.CC Exposure
0.02089103467509928
CPER.US Exposure
-0.01227179626178489
VIX.INDX Exposure
0.03176473678568133
UUP.US Exposure
-0.008536361505988447
TIP.US Exposure
0.07883976286871801
Idiosyncratic Exposure
0.10955206511886759
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
21.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$163
Avg Yield on Cost
1.63%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$163.391.63%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.8%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+6.0%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.6% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.72
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Fidelity® MSCI Utilities Index ETF a high-risk investment?

Fidelity® MSCI Utilities Index ETF (FUTY.US) has an annualized volatility of 21.3% and experienced a maximum drawdown of 19.1% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of FUTY.US?

Over the past 10 years, FUTY.US has generated a Compound Annual Growth Rate (CAGR) of 9.9%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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