FDIS vs. FETH
FDIS (Fidelity MSCI Consumer Discretionary Index ETF) and FETH (Fidelity Ethereum Fund) are both exchange-traded funds - FDIS is a Consumer Discretionary Equities fund tracking the MSCI USA IMI Consumer Discretionary 25/50 Index, while FETH is a Cryptocurrency fund tracking the Fidelity Ethereum Reference Rate Index. Both are passively managed. Over the past year, FDIS returned 9.49% vs -46.87% for FETH. Their 0.47 correlation means their historical movements had little consistent relationship. FDIS charges 0.08%/yr vs 0.25%/yr for FETH.
Performance
FDIS vs. FETH - Performance Comparison
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Returns By Period
In the year-to-date period, FDIS achieves a -0.23% return, which is significantly higher than FETH's -37.25% 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%
FETH
- 1D
- -2.98%
- 1M
- 9.68%
- 6M
- -30.28%
- YTD
- -37.25%
- 1Y
- -46.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -26.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.73M | $7.77M | $9.21M | |
| $29.89M | $30.47M | $35.49M |
FDIS vs. FETH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FDIS Fidelity MSCI Consumer Discretionary Index ETF | -0.23% | 5.67% | 16.89% |
FETH Fidelity Ethereum Fund | -37.25% | -11.37% | -4.68% |
Correlation
The correlation between FDIS and FETH is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024 | 0.47 |
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Return for Risk
FDIS vs. FETH — Risk / Return Rank
FDIS
FETH
FDIS vs. FETH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Fidelity Ethereum Fund (FETH). 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 | FETH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.09 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.89 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | -0.74 | +1.17 |
| Martin ratioReturn relative to average drawdown | 1.24 | -1.11 | +2.34 |
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Drawdowns
FDIS vs. FETH - Drawdown Comparison
The maximum FDIS drawdown since its inception was -39.16%, smaller than the maximum FETH drawdown of -67.94%. Use the drawdown chart below to compare losses from any high point for FDIS and FETH.
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Drawdown Indicators
| FDIS | FETH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.16% | -67.94% | +28.78% |
Max Drawdown (1Y)Largest decline over 1 year | -15.50% | -67.94% | +52.44% |
Max Drawdown (3Y)Largest decline over 3 years | -27.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -39.16% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.16% | — | — |
Current DrawdownCurrent decline from peak | -4.81% | -61.61% | +56.80% |
Average DrawdownAverage peak-to-trough decline | -7.47% | -35.25% | +27.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.36% | 45.45% | -40.09% |
Volatility
FDIS vs. FETH - Volatility Comparison
The current volatility for Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is 6.64%, while Fidelity Ethereum Fund (FETH) has a volatility of 13.14%. This indicates that FDIS experiences smaller price fluctuations and is considered to be less risky than FETH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDIS | FETH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.64% | 13.14% | -6.50% |
Volatility (6M)Calculated over the trailing 6-month period | 14.66% | 45.81% | -31.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.43% | 67.25% | -47.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.09% | 71.23% | -47.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.39% | 71.23% | -48.84% |
FDIS vs. FETH - Expense Ratio Comparison
FDIS has a 0.08% expense ratio, which is lower than FETH's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FDIS vs. FETH - Dividend Comparison
FDIS's dividend yield for the trailing twelve months is around 0.73%, while FETH has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FETH Fidelity Ethereum Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FDIS and FETH have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FETH has higher volatility (13.14%) compared to FDIS (6.64%). In terms of maximum drawdown, FDIS dropped -39.16% vs FETH's -67.94%.
On 1-year performance, FDIS leads with 9.49% vs -46.87% for FETH. On fees, FDIS is cheaper at 0.08% per year. On volatility, FDIS has been the lower-risk option at 6.64%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FDIS has performed better with a 9.49% return vs -46.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDIS is cheaper with a 0.08% expense ratio, compared with 0.25% for FETH.
FDIS has the higher dividend yield at 0.73%, compared with 0.00% for FETH.
FDIS is categorized as Consumer Discretionary Equities, while FETH is Cryptocurrency. FDIS tracks MSCI USA IMI Consumer Discretionary 25/50 Index, while FETH tracks Fidelity Ethereum Reference Rate Index. Their fees differ too: 0.08% for FDIS and 0.25% for FETH.
FDIS currently has the higher Sharpe Ratio (0.34 vs -0.75), 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.
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