FDIS vs. PSCD
Compare and contrast key facts about Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Invesco S&P SmallCap Consumer Discretionary ETF (PSCD).
FDIS and PSCD 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. PSCD is a passively managed fund by Invesco that tracks the performance of the S&P Small Cap 600 / Consumer Discretionary -SEC. It was launched on Apr 7, 2010. Both FDIS and PSCD 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 PSCD.
Key characteristics
| FDIS | PSCD | |
|---|---|---|
| YTD Return | 21.83% | 9.33% |
| 1Y Return | 32.31% | 27.90% |
| 3Y Return (Ann) | 3.05% | -0.63% |
| 5Y Return (Ann) | 16.54% | 13.98% |
| 10Y Return (Ann) | 14.25% | 9.99% |
| Sharpe Ratio | 2.09 | 1.49 |
| Sortino Ratio | 2.83 | 2.24 |
| Omega Ratio | 1.36 | 1.26 |
| Calmar Ratio | 1.84 | 1.31 |
| Martin Ratio | 10.65 | 7.53 |
| Ulcer Index | 3.48% | 4.81% |
| Daily Std Dev | 17.73% | 24.22% |
| Max Drawdown | -39.16% | -56.57% |
| Current Drawdown | -0.63% | -6.41% |
Correlation
The correlation between FDIS and PSCD is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FDIS vs. PSCD - Performance Comparison
In the year-to-date period, FDIS achieves a 21.83% return, which is significantly higher than PSCD's 9.33% return. Over the past 10 years, FDIS has outperformed PSCD with an annualized return of 14.25%, while PSCD has yielded a comparatively lower 9.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDIS vs. PSCD - Expense Ratio Comparison
FDIS has a 0.08% expense ratio, which is lower than PSCD's 0.29% expense ratio.
Risk-Adjusted Performance
FDIS vs. PSCD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Invesco S&P SmallCap Consumer Discretionary ETF (PSCD). 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. PSCD - Dividend Comparison
FDIS's dividend yield for the trailing twelve months is around 0.69%, less than PSCD's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIS Fidelity MSCI Consumer Discretionary Index ETF | 0.69% | 0.78% | 1.00% | 0.58% | 0.59% | 1.14% | 1.29% | 1.00% | 1.62% | 1.25% | 1.01% | 0.28% |
PSCD Invesco S&P SmallCap Consumer Discretionary ETF | 1.31% | 1.09% | 1.60% | 0.57% | 0.55% | 0.91% | 1.39% | 0.97% | 1.06% | 1.10% | 0.69% | 0.43% |
Drawdowns
FDIS vs. PSCD - Drawdown Comparison
The maximum FDIS drawdown since its inception was -39.16%, smaller than the maximum PSCD drawdown of -56.57%. Use the drawdown chart below to compare losses from any high point for FDIS and PSCD. For additional features, visit the drawdowns tool.
Volatility
FDIS vs. PSCD - Volatility Comparison
Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) have volatilities of 6.01% and 5.89%, 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.