FDIS vs. IYT
Compare and contrast key facts about Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and iShares Transportation Average ETF (IYT).
FDIS and IYT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDIS is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Consumer Discretionary Index. It was launched on Oct 21, 2013. IYT is a passively managed fund by iShares that tracks the performance of the Dow Jones Transportation Average Index. It was launched on Oct 10, 2003. Both FDIS and IYT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDIS or IYT.
Correlation
The correlation between FDIS and IYT is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FDIS vs. IYT - Performance Comparison
Key characteristics
FDIS:
1.51
IYT:
0.30
FDIS:
2.04
IYT:
0.58
FDIS:
1.26
IYT:
1.06
FDIS:
1.71
IYT:
0.05
FDIS:
7.79
IYT:
1.00
FDIS:
3.53%
IYT:
5.47%
FDIS:
18.21%
IYT:
18.49%
FDIS:
-39.16%
IYT:
-100.00%
FDIS:
-4.56%
IYT:
-99.99%
Returns By Period
In the year-to-date period, FDIS achieves a 26.80% return, which is significantly higher than IYT's 4.06% return. Over the past 10 years, FDIS has outperformed IYT with an annualized return of 14.27%, while IYT has yielded a comparatively lower 6.35% annualized return.
FDIS
26.80%
5.89%
23.25%
25.57%
16.66%
14.27%
IYT
4.06%
-5.97%
5.67%
3.81%
7.96%
6.35%
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FDIS vs. IYT - Expense Ratio Comparison
FDIS has a 0.08% expense ratio, which is lower than IYT's 0.42% expense ratio.
Risk-Adjusted Performance
FDIS vs. IYT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and iShares Transportation Average ETF (IYT). 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.
Dividends
FDIS vs. IYT - Dividend Comparison
FDIS's dividend yield for the trailing twelve months is around 0.68%, less than IYT's 1.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIS Fidelity MSCI Consumer Discretionary Index ETF | 0.68% | 0.78% | 1.00% | 0.58% | 0.59% | 1.14% | 1.29% | 1.00% | 1.62% | 1.25% | 1.01% | 0.28% |
IYT iShares Transportation Average ETF | 1.09% | 1.26% | 1.40% | 0.77% | 0.93% | 1.29% | 1.35% | 0.92% | 0.96% | 1.28% | 0.70% | 0.86% |
Drawdowns
FDIS vs. IYT - Drawdown Comparison
The maximum FDIS drawdown since its inception was -39.16%, smaller than the maximum IYT drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for FDIS and IYT. For additional features, visit the drawdowns tool.
Volatility
FDIS vs. IYT - Volatility Comparison
Fidelity MSCI Consumer Discretionary Index ETF (FDIS) has a higher volatility of 6.56% compared to iShares Transportation Average ETF (IYT) at 5.13%. This indicates that FDIS's price experiences larger fluctuations and is considered to be riskier than IYT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.