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EXI vs. FIDU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EXI vs. FIDU

Last updated Aug 2, 2026
Documentation

EXI (iShares Global Industrials ETF) and FIDU (Fidelity MSCI Industrials Index ETF) are both Industrials Equities funds - EXI tracks the S&P Global 1200 / Industrials -SEC while FIDU tracks the MSCI USA IMI Industrials Index. Both are passively managed. Over the past 10 years, EXI returned 12.52%/yr vs 14.03%/yr for FIDU. Their correlation of 0.92 means they have usually moved in the same direction. EXI charges 0.43%/yr vs 0.08%/yr for FIDU.

Performance

EXI vs. FIDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Industrials ETF (EXI) and Fidelity MSCI Industrials Index ETF (FIDU). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EXI achieves a 13.74% return, which is significantly lower than FIDU's 16.05% return. Over the past 10 years, EXI has underperformed FIDU with an annualized return of 12.52%, while FIDU has yielded a comparatively higher 14.03% annualized return.

EXI

1D
0.52%
1M
-1.08%
6M
6.20%
YTD
13.74%
1Y
21.21%
3Y*
18.99%
5Y*
12.03%
10Y*
12.52%
ALL TIME*
8.91%

FIDU

1D
0.83%
1M
-3.08%
6M
7.73%
YTD
16.05%
1Y
21.56%
3Y*
18.89%
5Y*
13.30%
10Y*
14.03%
ALL TIME*
12.64%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

EXI

iShares Global Industrials ETF
$7.80M$7.11M$10.88M

FIDU

Fidelity MSCI Industrials Index ETF
$8.05M$8.74M$9.96M

EXI vs. FIDU - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EXI
iShares Global Industrials ETF		13.74%25.88%12.47%22.04%-12.36%17.37%11.33%27.13%-14.41%25.16%
FIDU
Fidelity MSCI Industrials Index ETF		16.05%18.61%16.51%22.62%-8.36%20.96%13.72%30.69%-13.85%22.22%

Correlation

The correlation between EXI and FIDU is 0.92, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.92

Correlation (3Y)
Balances recent behavior with more history.

0.92

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.93

Correlation (10Y)
Provides a long-term view across more market conditions.

0.92

Correlation (All Time)
Calculated using the full available price history since Oct 24, 2013

0.92

The correlation between EXI and FIDU has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

EXI vs. FIDU - Sectors Allocation Comparison

Sectors
EXI
FIDU

Industrials

94.4%
86.2%

Technology

4.1%
5.8%

Utilities

2.6%
3.8%

Communication Services

1.0%
0.0%

Consumer Cyclical

0.2%
0.5%

Financial Services

0.1%
0.2%

Basic Materials

0.1%
1.6%

Consumer Defensive

0.1%
0.0%

Energy

-

0.0%

Healthcare

-

0.0%

Real Estate

-

0.0%

Industrials

EXI
94.4%
FIDU
86.2%

Technology

EXI
4.1%
FIDU
5.8%

Utilities

EXI
2.6%
FIDU
3.8%

Communication Services

EXI
1.0%
FIDU
0.0%

Consumer Cyclical

EXI
0.2%
FIDU
0.5%

Financial Services

EXI
0.1%
FIDU
0.2%

Basic Materials

EXI
0.1%
FIDU
1.6%

Consumer Defensive

EXI
0.1%
FIDU
0.0%

Energy

EXI

-

FIDU
0.0%

Healthcare

EXI

-

FIDU
0.0%

Real Estate

EXI

-

FIDU
0.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global Industrials ETF

Fidelity MSCI Industrials Index ETF

Often compared with EXI:
EXI vs. XLIEXI vs. IYJEXI vs. PSCCEXI vs. KXIEXI vs. SPYEXI vs. IEFAEXI vs. PMAIX
Often compared with FIDU:
FIDU vs. XLIFIDU vs. VISFIDU vs. FENIFIDU vs. HONFIDU vs. VOOFIDU vs. SPYFIDU vs. FXR

Return for Risk

EXI vs. FIDU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
EXI
EXI Risk / Return Rank: 4848
Overall Rank
EXI Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
EXI Sortino Ratio Rank: 4848
Sortino Ratio Rank
EXI Omega Ratio Rank: 4747
Omega Ratio Rank
EXI Calmar Ratio Rank: 4545
Calmar Ratio Rank
EXI Martin Ratio Rank: 5353
Martin Ratio Rank
FIDU
FIDU Risk / Return Rank: 4646
Overall Rank
FIDU Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
FIDU Sortino Ratio Rank: 4444
Sortino Ratio Rank
FIDU Omega Ratio Rank: 4141
Omega Ratio Rank
FIDU Calmar Ratio Rank: 4545
Calmar Ratio Rank
FIDU Martin Ratio Rank: 5555
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EXI vs. FIDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Industrials ETF (EXI) and Fidelity MSCI Industrials Index ETF (FIDU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

EXIFIDUDifference
Sharpe ratioReturn per unit of total volatility
1.16
1.09

+0.07

Sortino ratioReturn per unit of downside risk
1.72
1.60

+0.12

Omega ratioGain probability vs. loss probability

1.21

1.19

+0.02

Calmar ratioReturn relative to maximum drawdown

1.60

1.61

-0.01

Martin ratioReturn relative to average drawdown

6.21

6.39

-0.18

EXI vs. FIDU - Sharpe Ratio Comparison

The current EXI Sharpe Ratio is 1.16, which is comparable to the FIDU Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of EXI and FIDU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

EXI vs. FIDU - Drawdown Comparison

The maximum EXI drawdown since its inception was -62.60%, which is greater than FIDU's maximum drawdown of -42.31%. Use the drawdown chart below to compare losses from any high point for EXI and FIDU.

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Drawdown Indicators

EXIFIDUDifference

Max Drawdown

Largest peak-to-trough decline

-62.60%

-42.31%

-20.29%

Max Drawdown (1Y)

Largest decline over 1 year

-12.35%

-12.23%

-0.12%

Max Drawdown (3Y)

Largest decline over 3 years

-14.38%

-20.52%

+6.14%

Max Drawdown (5Y)

Largest decline over 5 years

-27.23%

-22.87%

-4.36%

Max Drawdown (10Y)

Largest decline over 10 years

-39.56%

-42.31%

+2.75%

Current Drawdown

Current decline from peak

-2.36%

-4.41%

+2.05%

Average Drawdown

Average peak-to-trough decline

-9.90%

-4.77%

-5.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.19%

3.09%

+0.10%

Volatility

EXI vs. FIDU - Volatility Comparison

iShares Global Industrials ETF (EXI) and Fidelity MSCI Industrials Index ETF (FIDU) have volatilities of 4.87% and 5.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EXIFIDUDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.87%

5.09%

-0.22%

Volatility (6M)

Calculated over the trailing 6-month period

14.50%

14.73%

-0.23%

Volatility (1Y)

Calculated over the trailing 1-year period

17.01%

18.03%

-1.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.17%

18.47%

-1.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.36%

20.37%

-2.01%

EXI vs. FIDU - Expense Ratio Comparison

EXI has a 0.43% expense ratio, which is higher than FIDU's 0.08% expense ratio.

Dividends

EXI vs. FIDU - Dividend Comparison

EXI's dividend yield for the trailing twelve months is around 1.07%, more than FIDU's 0.95% yield.

PositionTTM20252024202320222021202020192018201720162015
EXI
iShares Global Industrials ETF		1.07%1.32%1.47%1.84%1.63%1.42%1.26%1.72%2.21%1.48%1.75%1.95%
FIDU
Fidelity MSCI Industrials Index ETF		0.95%1.02%1.42%1.42%1.48%1.12%1.28%1.73%1.99%1.60%1.63%1.98%

Frequently Asked Questions

With a correlation of 0.92, EXI and FIDU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

FIDU has higher volatility (5.09%) compared to EXI (4.87%). In terms of maximum drawdown, EXI dropped -62.60% vs FIDU's -42.31%.

On 10-year performance, FIDU leads with 14.03% vs 12.52% for EXI. On fees, FIDU is cheaper at 0.08% per year. On volatility, EXI has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, FIDU has performed better with a 14.03% return vs 12.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FIDU is cheaper with a 0.08% expense ratio, compared with 0.43% for EXI.

EXI has the higher dividend yield at 1.07%, compared with 0.95% for FIDU.

EXI tracks S&P Global 1200 / Industrials -SEC, while FIDU tracks MSCI USA IMI Industrials Index. They also come from different issuers: iShares and Fidelity. Their fees differ too: 0.43% for EXI and 0.08% for FIDU.

EXI currently has the higher Sharpe Ratio (1.16 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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