The Fidelity MSCI Energy Index ETF (FENY) offers broad exposure to U.S. energy companies across large, mid, and small caps, tracking the MSCI USA IMI Energy 25/50 Index. FENY is top-heavy, with its ...
・Index funds allow investors to own the market without trying to time it. ・They are designed to mirror major market benchmarks, such as the S&P 500 and the Nasdaq-100, rather than outperform them.