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 is a Consumer Discretionary fund issued by Fidelity Investments with $1.69 billion in assets. It holds an overall rank of #420 of 458 tracked ETFs and sits at #3 of 8 within its specific category, earning a grade of D. The fund’s expense ratio of 0.084% is significantly lower than the category median of 0.35%, while its dividend yield of 0.73% matches the sector average. Concentration is notable, with the top 10 holdings representing 62.8% of assets and Amazon.com Inc comprising 28.8% of the portfolio.

Price action shows the fund trading at $100.57, which places it at 60.7% of its 52-week range. Short-term performance has been negative, with declines of -0.99% over one day and -2.57% over one month, contrasting with a positive 3-month return of +1.19%. Over the longer term, the fund has gained +38.33% over three years, though it has slipped -0.26% over the last year compared to a category median of -0.94%. The rating has remained unchanged at grade D across the last 35 tracked days, and price history is available for 3.0 years.

The fund exhibits a beta of 1.22, indicating it moves more than the market, alongside an annualized volatility of 19.28% labeled as Moderate. A Sharpe ratio of -0.27 suggests poor risk-adjusted returns, which aligns with a maximum drawdown of -27.43%. Liquidity appears limited, with an average daily volume of 70,357 shares and a wide bid/ask spread of 6.77%. These metrics collectively describe a volatile asset with significant downside exposure and trading inefficiencies.

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

FDIS Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 62.8% 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 (61.5% 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: 4.77% (as of 2026-09-03) — 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): 14.32 (as of 2026-09-03) — 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: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

FDIS Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 6.77% and average daily volume is 70K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.69B 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