Fidelity MSCI Consumer Discretionary Index ETF (FDIS) belongs to the Consumer Discretionary Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FDIS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FDIS
FDIS charges 0.08% annually. No ETFs in the Consumer Discretionary Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Consumer Discretionary ETF | 0.10% | 6.80B | Jan 2004 | FDIS vs VCR | |
| Consumer Discretionary Select Sector SPDR Fund | 0.13% | 21.77B | Dec 1998 | FDIS vs XLY | |
| Global X PureCap MSCI Consumer Discretionary ETF | 0.15% | — | Jul 2025 | FDIS vs GXPD | |
| VanEck Consumer Discretionary TruSector ETF | 0.16% | 56.35M | Aug 2025 | FDIS vs TRUD | |
| iShares Evolved U.S. Discretionary Spending ETF | 0.18% | 28.00M | Mar 2018 | FDIS vs IEDI |
Best Risk-Adjusted Alternatives to FDIS
FDIS has a PortfoliosLab risk / return rank of 19. There are 10 ETFs in the Consumer Discretionary Equities category with higher risk-adjusted ranks, going as high as 81.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust NASDAQ Global Auto Index Fund | 81 | 46.29M | May 2011 | FDIS vs CARZ | |
| VanEck Retail ETF | 39 | 257.98M | Dec 2011 | FDIS vs RTH | |
| Invesco Dynamic Leisure & Entertainment ETF | 39 | 255.86M | Jun 2005 | FDIS vs PEJ | |
| AdvisorShares Hotel ETF | 34 | 2.99M | Apr 2021 | FDIS vs BEDZ | |
| Invesco S&P SmallCap Consumer Discretionary ETF | 32 | 23.54M | Apr 2010 | FDIS vs PSCD |
Top Performing FDIS Alternatives (YTD)
FDIS is at -0.23% YTD. There are 12 ETFs in the Consumer Discretionary Equities category with higher YTD returns, going as high as 31.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust NASDAQ Global Auto Index Fund | 31.11% | 46.29M | May 2011 | FDIS vs CARZ | |
| Invesco S&P SmallCap Consumer Discretionary ETF | 13.01% | 23.54M | Apr 2010 | FDIS vs PSCD | |
| AdvisorShares Hotel ETF | 11.91% | 2.99M | Apr 2021 | FDIS vs BEDZ | |
| Invesco Dynamic Leisure & Entertainment ETF | 9.41% | 255.86M | Jun 2005 | FDIS vs PEJ | |
| VanEck Retail ETF | 7.50% | 257.98M | Dec 2011 | FDIS vs RTH |
Lowest Volatility Alternatives to FDIS
FDIS has 19.43% 1-year volatility. There are 9 ETFs in the Consumer Discretionary Equities category with lower 1-year volatility, going as low as 13.28%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Retail ETF | 13.28% | 257.98M | Dec 2011 | FDIS vs RTH | |
| AdvisorShares Vice ETF | 13.83% | 7.34M | Dec 2017 | FDIS vs VICE | |
| iShares Evolved U.S. Discretionary Spending ETF | 14.29% | 28.00M | Mar 2018 | FDIS vs IEDI | |
| iShares U.S. Consumer Discretionary ETF | 15.28% | 1.19B | Jun 2000 | FDIS vs IYC | |
| State Street Consumer Discretionary Select Sector ... | 16.34% | 1.99M | Jul 2025 | FDIS vs XLYI |
Lowest Drawdown Alternatives to FDIS
FDIS has a 1-year max drawdown of -15.50%. There are 12 ETFs in the Consumer Discretionary Equities category with shallower 1-year drawdowns, going as shallow as -7.83%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Retail ETF | -7.83% | 257.98M | Dec 2011 | FDIS vs RTH | |
| iShares Evolved U.S. Discretionary Spending ETF | -9.44% | 28.00M | Mar 2018 | FDIS vs IEDI | |
| Invesco Dynamic Leisure & Entertainment ETF | -10.29% | 255.86M | Jun 2005 | FDIS vs PEJ | |
| iShares U.S. Consumer Discretionary ETF | -11.97% | 1.19B | Jun 2000 | FDIS vs IYC | |
| AdvisorShares Hotel ETF | -12.06% | 2.99M | Apr 2021 | FDIS vs BEDZ |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 52 | 20.47% | 20.96B | Oct 2013 | FDIS vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 78 | 12.19% | 9.74B | Sep 2016 | FDIS vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 1 | -28.23% | 10.22B | Jan 2024 | FDIS vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 30 | -0.33% | 26.62B | Oct 2014 | FDIS vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 47 | 10.15% | 10.69B | Sep 2003 | FDIS vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 37 | 9.01% | 6.97B | Jun 2020 | FDIS vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 77 | 12.07% | 7.88B | Apr 2007 | FDIS vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 21 | 4.79% | 2.35B | Oct 2013 | FDIS vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 3 | -37.25% | 750.93M | Jul 2024 | FDIS vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 27 | 2.21% | 5.65B | Nov 2023 | FDIS vs FELG |
Often Compared With FDIS
Investors most often compare FDIS with VOO, XRT, BETZ. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare FDIS with Any Fund or Stock
Compare FDIS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FDIS with funds that move differently
Fidelity MSCI Consumer Discretionary Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FDIS.
Explore FDIS Diversifiers