Fidelity MSCI Utilities Index ETF Price & Performance (FUTY)

Stock market uncertainty, fueled by inflation and new tariffs, has prompted a focus on defensive ETFs. Funds like the iShares Edge MSCI Min Vol USA ETF and Fidelity MSCI Utilities ETF are gaining traction for their lower risk profiles. These ETFs provide stability by targeting sectors like utilities and consumer staples.12

Fidelity MSCI Utilities Index ETF has seen major institutional interest, with firms like Jones Financial Companies significantly increasing their holdings. This ETF focuses on utility stocks, known for their resilience in economic downturns, and offers a dividend yield of nearly 3%. Its stable performance is attracting cautious investors.23

Utility-focused ETFs, such as the Utilities Select Sector SPDR ETF, are proving popular as investors seek safe havens. These funds benefit from steady demand for essential services like electricity and water. With a market cap of over $17 billion, these ETFs are positioned as reliable options during economic turbulence.14