FDIF vs. FUTY

Last updated Jun 4, 2026

FDIF (Fidelity Disruptors ETF) and FUTY (Fidelity MSCI Utilities Index ETF) are both exchange-traded funds - FDIF is a Large Cap Growth Equities fund actively managed by Fidelity, while FUTY is a Utilities Equities fund tracking the MSCI USA IMI Utilities Index. FDIF is actively managed, while FUTY is passively managed. Over the past year, FDIF returned 22.85% vs 9.52% for FUTY. At a 0.19 correlation, their price movements are largely independent. FDIF charges 0.50%/yr vs 0.08%/yr for FUTY.

Performance

FDIF vs. FUTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptors ETF (FDIF) and Fidelity MSCI Utilities Index ETF (FUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDIF achieves a 10.12% return, which is significantly higher than FUTY's 3.16% return.

FDIF

• 1D: -0.90%
• 1M: 5.86%
• YTD: 10.12%
• 6M: 10.33%
• 1Y: 22.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUTY

• 1D: -0.60%
• 1M: -5.43%
• YTD: 3.16%
• 6M: 1.20%
• 1Y: 9.52%
• 3Y*: 13.62%
• 5Y*: 9.13%
• 10Y*: 9.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDIF vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDIF Fidelity Disruptors ETF	10.12%	13.83%	19.74%	6.49%
FUTY Fidelity MSCI Utilities Index ETF	3.16%	16.40%	23.20%	-2.56%

Correlation

The correlation between FDIF and FUTY is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jun 21, 2023	0.19

FDIF vs. FUTY - Sectors Allocation Comparison

Sectors	FDIF	FUTY
Technology	38.5%	-
Healthcare	17.8%	-
Communication Services	13.8%	-
Industrials	12.0%	0.2%
Financial Services	11.8%	-
Consumer Cyclical	6.1%	-
Real Estate	0.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	0.5%
Utilities	-	99.2%

Return for Risk

FDIF vs. FUTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDIF

FDIF Risk / Return Rank: 36
FDIF Sharpe Ratio Rank: 38
FDIF Sortino Ratio Rank: 36
FDIF Omega Ratio Rank: 36
FDIF Calmar Ratio Rank: 31
FDIF Martin Ratio Rank: 37

FUTY

FUTY Risk / Return Rank: 20
FUTY Sharpe Ratio Rank: 20
FUTY Sortino Ratio Rank: 18
FUTY Omega Ratio Rank: 19
FUTY Calmar Ratio Rank: 23
FUTY Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDIF vs. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptors ETF (FDIF) and Fidelity MSCI Utilities Index ETF (FUTY). 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.

	FDIF	FUTY	Difference
Sharpe ratio Return per unit of total volatility	1.35	0.67	+0.68
Sortino ratio Return per unit of downside risk	1.91	0.99	+0.92
Omega ratio Gain probability vs. loss probability	1.24	1.12	+0.12
Calmar ratio Return relative to maximum drawdown	1.55	1.07	+0.48
Martin ratio Return relative to average drawdown	5.86	2.41	+3.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDIF vs. FUTY - Sharpe Ratio Comparison

The current FDIF Sharpe Ratio is 1.35, which is higher than the FUTY Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of FDIF and FUTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDIF	FUTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	0.67	+0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.55	+0.38

Drawdowns

FDIF vs. FUTY - Drawdown Comparison

The maximum FDIF drawdown since its inception was -22.63%, smaller than the maximum FUTY drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for FDIF and FUTY.

Drawdown Indicators

	FDIF	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-22.63%	-36.44%	+13.81%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-8.93%	-5.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.44%	—
Current Drawdown Current decline from peak	-0.90%	-7.28%	+6.38%
Average Drawdown Average peak-to-trough decline	-3.83%	-6.03%	+2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	3.97%	-0.06%

Volatility

FDIF vs. FUTY - Volatility Comparison

The current volatility for Fidelity Disruptors ETF (FDIF) is 4.11%, while Fidelity MSCI Utilities Index ETF (FUTY) has a volatility of 5.45%. This indicates that FDIF experiences smaller price fluctuations and is considered to be less risky than FUTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIF	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	5.45%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	13.37%	11.40%	+1.97%
Volatility (1Y) Calculated over the trailing 1-year period	17.02%	14.33%	+2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.59%	17.08%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.59%	19.05%	-0.46%

FDIF vs. FUTY - Expense Ratio Comparison

FDIF has a 0.50% expense ratio, which is higher than FUTY's 0.08% expense ratio.

Dividends

FDIF vs. FUTY - Dividend Comparison

FDIF's dividend yield for the trailing twelve months is around 0.30%, less than FUTY's 2.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIF Fidelity Disruptors ETF	0.30%	0.36%	0.35%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FUTY Fidelity MSCI Utilities Index ETF	2.61%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%

Frequently Asked Questions

Can I hold both FDIF and FUTY in my portfolio?

FDIF and FUTY have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDIF or FUTY?

FUTY has higher volatility (5.45%) compared to FDIF (4.11%). In terms of maximum drawdown, FDIF dropped -22.63% vs FUTY's -36.44%.

Which ETF is better, FDIF or FUTY?

On 1-year performance, FDIF leads with 22.85% vs 9.52% for FUTY. On fees, FUTY is cheaper at 0.08% per year. On volatility, FDIF has been the lower-risk option at 4.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDIF or FUTY?

Over the 1-year period, FDIF has performed better with a 22.85% return vs 9.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDIF or FUTY?

FUTY is cheaper with a 0.08% expense ratio, compared with 0.50% for FDIF.

Which ETF pays a higher dividend yield, FDIF or FUTY?

FUTY has the higher dividend yield at 2.61%, compared with 0.30% for FDIF.

What is the main difference between FDIF and FUTY?

FDIF is categorized as Large Cap Growth Equities, while FUTY is Utilities Equities. Their fees differ too: 0.50% for FDIF and 0.08% for FUTY.

Which has better risk-adjusted returns?

FDIF currently has the higher Sharpe Ratio (1.35 vs 0.67), 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.