
It aims to reflect the investment returns of the MSCI USA IMI Consumer Discretionary 25/50 Index.
Is FDIS's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Consumer services stand out as the most undervalued and highest quality subsector, with a 31% undervaluation versus 11-year averages. The auto and components industry remains weakest in both valuation and quality. Fidelity MSCI Consumer Discretionary Index ETF (FDIS) offers lower valuations and marginally higher returns than XLY, but lags in trading volume.

If you're interested in broad exposure to the Consumer Discretionary - Broad segment of the equity market, look no further than the Fidelity MSCI Consumer Discretionary Index ETF (FDIS), a passively managed exchange traded fund launched on October 21, 2013.

Consumer services are undervalued versus historical averages and exhibit the highest quality score within the sector, while autos/components lag in both value and quality metrics. FDIS offers broader exposure, better value and slightly superior long-term returns compared to XLY, but has weaker trading volumes. Both FDIS and XLY carry high concentration risk in Amazon and Tesla, with the top 10 holdings comprising nearly 60% of FDIS.

Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the Fidelity MSCI Consumer Discretionary Index ETF (FDIS), a passively managed exchange traded fund launched on October 21, 2013.

Identical costs mask key differences in portfolio size, top holdings, and risk profiles for these two consumer sector ETFs.