FDIS vs. XLY
Compare and contrast key facts about Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Consumer Discretionary Select Sector SPDR Fund (XLY).
FDIS and XLY 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. XLY is a passively managed fund by State Street that tracks the performance of the Consumer Discretionary Select Sector Index. It was launched on Dec 16, 1998. Both FDIS and XLY 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 XLY.
Key characteristics
| FDIS | XLY | |
|---|---|---|
| YTD Return | 21.83% | 22.91% |
| 1Y Return | 32.31% | 31.41% |
| 3Y Return (Ann) | 3.05% | 3.20% |
| 5Y Return (Ann) | 16.54% | 13.51% |
| 10Y Return (Ann) | 14.25% | 13.50% |
| Sharpe Ratio | 2.09 | 2.00 |
| Sortino Ratio | 2.83 | 2.71 |
| Omega Ratio | 1.36 | 1.34 |
| Calmar Ratio | 1.84 | 1.78 |
| Martin Ratio | 10.65 | 9.71 |
| Ulcer Index | 3.48% | 3.69% |
| Daily Std Dev | 17.73% | 17.93% |
| Max Drawdown | -39.16% | -59.05% |
| Current Drawdown | -0.63% | -0.49% |
Correlation
The correlation between FDIS and XLY is 0.98, 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. XLY - Performance Comparison
The year-to-date returns for both investments are quite close, with FDIS having a 21.83% return and XLY slightly higher at 22.91%. Over the past 10 years, FDIS has outperformed XLY with an annualized return of 14.25%, while XLY has yielded a comparatively lower 13.50% 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. XLY - Expense Ratio Comparison
FDIS has a 0.08% expense ratio, which is lower than XLY's 0.13% 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%.
Risk-Adjusted Performance
FDIS vs. XLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Consumer Discretionary Select Sector SPDR Fund (XLY). 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. XLY - Dividend Comparison
FDIS's dividend yield for the trailing twelve months is around 0.69%, which matches XLY's 0.69% 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% |
XLY Consumer Discretionary Select Sector SPDR Fund | 0.69% | 0.78% | 1.00% | 0.53% | 0.82% | 1.28% | 1.34% | 1.20% | 1.71% | 1.43% | 1.31% | 1.16% |
Drawdowns
FDIS vs. XLY - Drawdown Comparison
The maximum FDIS drawdown since its inception was -39.16%, smaller than the maximum XLY drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for FDIS and XLY. For additional features, visit the drawdowns tool.
Volatility
FDIS vs. XLY - Volatility Comparison
Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Consumer Discretionary Select Sector SPDR Fund (XLY) have volatilities of 6.01% and 6.27%, 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.