Here's How Much You Would Have Made Owning Fidelity MSCI Energy Index ETF Stock In The Last 5 Years

Fidelity MSCI Energy Index ETF +0.73%

Fidelity MSCI Energy Index ETF

FENY

33.04

+0.73%

Fidelity MSCI Energy Index ETF (NYSE:FENY) has outperformed the market over the past 5 years by 4.76% on an annualized basis producing an average annual return of 16.82%. Currently, Fidelity MSCI Energy Index ETF has a market capitalization of $1.64 billion.

Buying $1000 In FENY: If an investor had bought $1000 of FENY stock 5 years ago, it would be worth $2,173.76 today based on a price of $31.19 for FENY at the time of writing.

Fidelity MSCI Energy Index ETF's Performance Over Last 5 Years

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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.