Prediction: Fidelity's Energy ETF Goes Nuclear in 2026

The Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) started 2026 with a 2% gain in the first week. With $1.3 billion in assets and a 0.084% expense ratio, FENY offers pure-play exposure to U.S. energy companies, from oil majors like Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) to midstream giants like Williams Companies (NYSE:WMB). The fund's 196% return over five years demonstrates the sector's recovery from pandemic lows, though recent performance has been measured with oil prices hovering in the mid-$50s ...