FENY

FENY is a passive U.S. energy sector ETF designed to mirror the MSCI USA IMI Energy 25/50 Index using a representative sampling approach (it may not hold every stock in the index).

It targets broad exposure across the energy value chain—producers, refiners, pipelines, and oilfield services—while using a 25/50 “capping” framework to limit extreme single-issuer concentration. The index is market-cap weighted and rebalanced quarterly.