FENY: An Attractive, Ultra-Low-Cost Energy Stock ETF

While it doesn’t get the same level of attention as some of its bigger and better-known competitors, the Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) is another excellent, low-cost way for investors to gain exposure to top energy stocks, which have been performing well. Therefore, let’s take a look at what makes the FENY ETF attractive.

What is FENY ETFs Strategy? 

FENY is an ETF from asset management giant Fidelity that invests in the MSCI USA IMI Energy Index, which “represents the performance of the energy sector in the U.S. equity market,” according to Fidelity. The fund has been around since 2013.