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 (NYSE:FENY) has outperformed the market over the past 5 years by 9.82% on an annualized basis producing an average annual return of 19.89%. Currently, Fidelity MSCI Energy Index ETF has a market capitalization of $1.89 billion.

Buying $1000 In FENY: If an investor had bought $1000 of FENY stock 5 years ago, it would be worth $2,469.13 today based on a price of $32.79 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.