Fidelity MSCI Energy Index ETF (NYSE:FENY) has outperformed the market over the past 5 years by 4.26% on an annualized basis producing an average annual return of 17.34%. Currently, Fidelity MSCI Energy Index ETF has a market capitalization of $1.33 billion.
Buying $100 In FENY: If an investor had bought $100 of FENY stock 5 years ago, it would be worth $213.91 today based on a price of $25.69 for FENY at the time of writing.
Fidelity MSCI Energy Index ETF’s Performance Over Last 5 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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