FDIS vs. FBCG

Last updated Aug 2, 2026

FDIS (Fidelity MSCI Consumer Discretionary Index ETF) and FBCG (Fidelity Blue Chip Growth ETF) are both exchange-traded funds - FDIS is a Consumer Discretionary Equities fund tracking the MSCI USA IMI Consumer Discretionary 25/50 Index, while FBCG is a Large Cap Growth Equities fund actively managed by Fidelity. FDIS is passively managed, while FBCG is actively managed. Over the past 5 years, FDIS returned 5.36%/yr vs 12.83%/yr for FBCG. Their correlation of 0.84 means they have usually moved in the same direction. FDIS charges 0.08%/yr vs 0.59%/yr for FBCG.

Performance

FDIS vs. FBCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Fidelity Blue Chip Growth ETF (FBCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDIS achieves a -0.23% return, which is significantly lower than FBCG's 9.01% return.

FDIS

• 1D: 2.63%
• 1M: -1.18%
• 6M: -1.58%
• YTD: -0.23%
• 1Y: 9.49%
• 3Y*: 11.49%
• 5Y*: 5.36%
• 10Y*: 13.50%
• ALL TIME*: 12.48%

FBCG

• 1D: 1.15%
• 1M: -2.14%
• 6M: 9.63%
• YTD: 9.01%
• 1Y: 21.78%
• 3Y*: 24.38%
• 5Y*: 12.83%
• 10Y*: —
• ALL TIME*: 19.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FBCG Fidelity Blue Chip Growth ETF	$32.87M	$33.69M	$39.51M
FDIS Fidelity MSCI Consumer Discretionary Index ETF	$8.73M	$7.77M	$9.21M

FDIS vs. FBCG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FDIS Fidelity MSCI Consumer Discretionary Index ETF	-0.23%	5.67%	24.43%	40.48%	-35.23%	24.25%	40.60%
FBCG Fidelity Blue Chip Growth ETF	9.01%	18.60%	39.05%	57.98%	-39.10%	21.34%	41.44%

Correlation

The correlation between FDIS and FBCG is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.84

The correlation between FDIS and FBCG shifts across timeframes, from 0.67 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

FDIS vs. FBCG - Sectors Allocation Comparison

Sectors	FDIS	FBCG
Consumer Cyclical	96.2%	16.1%
Consumer Defensive	1.2%	1.3%
Industrials	1.1%	5.8%
Technology	1.0%	52.1%
Communication Services	0.3%	15.2%
Healthcare	0.1%	5.6%
Real Estate	0.1%	0.6%
Financial Services	0.1%	2.2%
Basic Materials	-	0.5%
Energy	-	0.3%
Utilities	-	0.4%

Return for Risk

FDIS vs. FBCG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDIS

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

FBCG

FBCG Risk / Return Rank: 37
FBCG Sharpe Ratio Rank: 37
FBCG Sortino Ratio Rank: 36
FBCG Omega Ratio Rank: 35
FBCG Calmar Ratio Rank: 36
FBCG Martin Ratio Rank: 40

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.

FDIS vs. FBCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Fidelity Blue Chip Growth ETF (FBCG). 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.

	FDIS	FBCG	Difference
Sharpe ratio: Return per unit of total volatility	0.34	0.91	-0.57
Sortino ratio: Return per unit of downside risk	0.61	1.36	-0.75
Omega ratio: Gain probability vs. loss probability	1.07	1.17	-0.09
Calmar ratio: Return relative to maximum drawdown	0.43	1.24	-0.82
Martin ratio: Return relative to average drawdown	1.24	4.24	-3.01

FDIS vs. FBCG - Sharpe Ratio Comparison

The current FDIS Sharpe Ratio is 0.34, which is lower than the FBCG Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of FDIS and FBCG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDIS vs. FBCG - Drawdown Comparison

The maximum FDIS drawdown since its inception was -39.16%, smaller than the maximum FBCG drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for FDIS and FBCG.

Drawdown Indicators

	FDIS	FBCG	Difference
Max Drawdown Largest peak-to-trough decline	-39.16%	-43.56%	+4.40%
Max Drawdown (1Y) Largest decline over 1 year	-15.50%	-15.17%	-0.33%
Max Drawdown (3Y) Largest decline over 3 years	-27.43%	-27.89%	+0.46%
Max Drawdown (5Y) Largest decline over 5 years	-39.16%	-43.56%	+4.40%
Max Drawdown (10Y) Largest decline over 10 years	-39.16%	—	—
Current Drawdown Current decline from peak	-4.81%	-6.68%	+1.87%
Average Drawdown Average peak-to-trough decline	-7.47%	-11.32%	+3.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.36%	4.44%	+0.92%

Volatility

FDIS vs. FBCG - Volatility Comparison

Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Fidelity Blue Chip Growth ETF (FBCG) have volatilities of 6.64% and 6.38%, 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.

Volatility by Period

	FDIS	FBCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.64%	6.38%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	14.66%	16.48%	-1.82%
Volatility (1Y) Calculated over the trailing 1-year period	19.43%	20.69%	-1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.09%	26.08%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.39%	25.73%	-3.34%

FDIS vs. FBCG - Expense Ratio Comparison

FDIS has a 0.08% expense ratio, which is lower than FBCG's 0.59% expense ratio.

Dividends

FDIS vs. FBCG - Dividend Comparison

FDIS's dividend yield for the trailing twelve months is around 0.73%, more than FBCG's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBCG Fidelity Blue Chip Growth ETF	0.04%	0.05%	0.12%	0.02%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
FDIS Fidelity MSCI Consumer Discretionary Index ETF	0.73%	0.75%	0.69%	0.78%	1.00%	0.58%	0.59%	1.14%	1.29%	1.00%	1.62%	1.25%

Frequently Asked Questions

Can I hold both FDIS and FBCG in my portfolio?

FDIS and FBCG have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDIS or FBCG?

FDIS has higher volatility (6.64%) compared to FBCG (6.38%). In terms of maximum drawdown, FDIS dropped -39.16% vs FBCG's -43.56%.

Which ETF is better, FDIS or FBCG?

On 5-year performance, FBCG leads with 12.83% vs 5.36% for FDIS. On fees, FDIS is cheaper at 0.08% per year. On volatility, FBCG has been the lower-risk option at 6.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDIS or FBCG?

Over the 5-year period, FBCG has performed better with a 12.83% return vs 5.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDIS or FBCG?

FDIS is cheaper with a 0.08% expense ratio, compared with 0.59% for FBCG.

Which ETF pays a higher dividend yield, FDIS or FBCG?

FDIS has the higher dividend yield at 0.73%, compared with 0.04% for FBCG.

What is the main difference between FDIS and FBCG?

FDIS is categorized as Consumer Discretionary Equities, while FBCG is Large Cap Growth Equities. Their fees differ too: 0.08% for FDIS and 0.59% for FBCG.

Which has better risk-adjusted returns?

FBCG currently has the higher Sharpe Ratio (0.91 vs 0.34), 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.