FDIS — Fidelity MSCI Consumer Discretionary Index ETF

FDIS Price Performance — Growth of $10,000

Value of a $10,000 investment in FDIS over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

FDIS Drawdown

The "underwater" chart: FDIS's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is a Consumer Discretionary fund issued by Fidelity Investments with $1.63 billion in assets. It holds an overall grade of D and ranks 4 of 8 within its category, placing it in the middle of its peer group. The fund’s 0.084% expense ratio is significantly lower than the category median of 0.35%, offering a cost advantage. Its 0.79% dividend yield trails the category median of 0.84%, while the top 10 holdings comprise 54.8% of assets with Amazon.com Inc as the largest position at 22.8%.

Price action shows the fund trading at $98.23, which is 47.3% of its 52-week range. Short-term performance is mixed, with a 1-day decline of 1.60% contrasting against a 1-week gain of 0.67%. Over longer horizons, the fund has posted a 3-year return of +53.08%, though it has declined 2.49% over the past year. This 1-year return is slightly better than the category median of -3.25%. The ETFValuer grade of D has remained unchanged across the last 35 tracked days, and price history is available for 3.0 years.

The fund exhibits a beta of 1.25, indicating it moves more than the market, alongside a volatility of 19.15% annualised. A Sharpe ratio of -0.39 suggests poor risk-adjusted returns during the measured period. Maximum drawdowns have reached -27.43%, highlighting significant downside potential. Liquidity is supported by an average daily volume of 123,637 shares. These metrics together describe a fund with moderate volatility and substantial recent price declines.

AI-generated summary based on the data on this page.

FDIS Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 54.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how FDIS's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With FDIS

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with FDIS's top 10 — XLY overlaps most, holding 9 of the same companies as FDIS's top 10 (53.5% of FDIS's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

FDIS Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 124K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $1.63B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: FDIS is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

FDIS Performance History

How FDIS Compares to Other Consumer Discretionary ETFs