Fidelity MSCI Utilities ETF (FUTY) Performance
FUTY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.5% since Dec 31, 2025
- 1 year
- −3.3% total return
- 5 years
- +7.9% a year
- 10 years
- +9.1% a year
- Since first price
- +9.6% a year since 2013
FUTY trailing returns vs SPY, QQQ, AGG
| Period | FUTY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.6% | +6.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −7.1% | −7.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −6.6% | −7.9% | +7.8% | +8.4% | −1.5% |
| YTD | +1.5% | −0.6% | +12.3% | +15.1% | −1.0% |
| 1 year | −3.3% | −5.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +62.0%+17.4%/yr | +48.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +46.2%+7.9%/yr | +26.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +139.4%+9.1%/yr | +77.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionOct 24, 2013 | +228.1%+9.6%/yr | +117.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FUTY vs SPY
From Oct 24, 2013: FUTY grew to $32,809, SPY to $53,980.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FUTY returns by calendar year
9 of 12 full years positive. Best 2014 (+27.0%), worst 2023 (−7.5%). 2026 is year to date.
FUTY annual returns table
| Year | FUTY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +1.5% | −15.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +16.4% | −8.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +23.2% | −9.8% | +24.9% | +25.6% | +1.3% |
| 2023 | −7.5% | −20.6% | +26.2% | +54.9% | +5.7% |
| 2022 | +1.1% | −20.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +17.5% | −8.5% | +28.7% | +27.4% | −1.8% |
| 2020 | −0.8% | −36.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.9% | −5.5% | +31.2% | +39.0% | +8.5% |
| 2018 | +4.4% | −9.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +12.5% | −7.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +17.1% | −11.6% | +12.0% | +7.1% | +2.4% |
| 2015 | −4.7% | −16.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +27.0% | −9.2% | +13.5% | +19.2% | +6.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FUTY largest drawdowns
Now 8.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 18, 2020 | −36.4% | Mar 23, 2020 | Aug 12, 2021 | 34 days | 1.5 years |
| Sep 12, 2022 | −25.1% | Oct 2, 2023 | Aug 1, 2024 | 1.1 years | 1.9 years |
| Jan 29, 2015 | −16.0% | Sep 4, 2015 | Mar 8, 2016 | 7 months | 1.1 years |
| Feb 27, 2026 | −15.6% | Sep 28, 2026 | not yet | 7 months | 8 months so far |
| Apr 8, 2022 | −15.2% | Jun 17, 2022 | Aug 12, 2022 | 2 months | 4 months |
| Nov 14, 2017 | −15.1% | Feb 8, 2018 | Sep 6, 2018 | 3 months | 10 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FUTY risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +13.7% | +7.5% | +8.1% | +9.0% |
| Volatility (annualized) | 14.8% | 16.5% | 15.1% | 14.8% |
| Sharpe ratio | 0.65 | 0.30 | 0.44 | 0.54 |
| Sortino ratio | 1.04 | 0.45 | 0.65 | 0.82 |
| Best month | +9.6% | +9.8% | +10.2% | +10.2% |
| Worst month | −8.0% | −11.1% | −11.1% | −11.1% |
| Best 12 months | +41.0% | +41.0% | +41.0% | +41.0% |
| Worst 12 months | −7.1% | −12.7% | −12.7% | −12.7% |
| Positive months | 67% | 60% | 62% | 62% |
| Beta vs S&P 500 | 0.34 | 0.58 | 0.50 | — |
| Correlation with S&P 500 | 0.29 | 0.55 | 0.50 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FUTY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 145 | −12.7% | +12.1% | +41.0% | 79% |
| 3-year (a year) | 121 | +1.7% | +9.6% | +16.7% | 100% |
| 5-year (a year) | 97 | +4.4% | +9.7% | +13.4% | 100% |
| 10-year (a year) | 37 | +7.7% | +9.2% | +11.2% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
FUTY performance overview
Fidelity MSCI Utilities ETF (FUTY) returned −3.3% over the past year and +9.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +9.6% a year, turning $10,000 into about $32,809. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −36.4%, from Feb 18, 2020 to Mar 23, 2020, and it took 1.4 years to get back to the old high. FUTY finished 9 of its 12 full calendar years with a gain; the best year was 2014 (+27.0%) and the worst 2023 (−7.5%). Volatility has been 14.8% a year.
Related: FUTY chart, FUTY holdings, FUTY dividends, FUTY valuation. See the FUTY overview for the latest quote and fund facts.
FUTY performance FAQ
What is the FUTY return over the past year?
FUTY returned −3.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.9%.
What is the average annual return of FUTY?
FUTY has returned +7.9% a year over 5 years, +9.1% a year over 10 years, +9.6% a year since October 24, 2013 (total return, distributions reinvested).
How much would $10,000 invested in FUTY be worth?
$10,000 invested in FUTY at its first recorded close on October 24, 2013 would be worth about $32,809 on October 23, 2026 with distributions reinvested.
What was the worst year for FUTY?
The worst calendar year was 2023, with a total return of −7.5%. The best was 2014 at +27.0%.
What is the biggest drawdown of FUTY?
The largest peak-to-trough decline was −36.4% between February 18, 2020 and March 23, 2020. It recovered to the old high on August 12, 2021, 1.4 years after the bottom.
How volatile is FUTY?
Over the past 3 years FUTY had an annualized volatility of 14.8% and a Sharpe ratio of 0.65 (excess return over 1–3 month T-bills per unit of risk).