FIDU vs. IDE

Last updated Jun 4, 2026

FIDU (Fidelity MSCI Industrials Index ETF) and IDE (Voya Infrastructure, Industrials and Materials Fund) are both Industrials Equities funds. Over the past 10 years, FIDU returned 14.31%/yr vs 11.95%/yr for IDE. A 0.60 correlation means they provide meaningful diversification when combined. FIDU charges 0.08%/yr vs 0.01%/yr for IDE.

Performance

FIDU vs. IDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Industrials Index ETF (FIDU) and Voya Infrastructure, Industrials and Materials Fund (IDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIDU achieves a 14.93% return, which is significantly lower than IDE's 17.18% return. Over the past 10 years, FIDU has outperformed IDE with an annualized return of 14.31%, while IDE has yielded a comparatively lower 11.95% annualized return.

FIDU

• 1D: -0.19%
• 1M: 2.22%
• YTD: 14.93%
• 6M: 15.53%
• 1Y: 26.81%
• 3Y*: 22.62%
• 5Y*: 12.80%
• 10Y*: 14.31%

IDE

• 1D: 0.00%
• 1M: 3.94%
• YTD: 17.18%
• 6M: 22.83%
• 1Y: 36.83%
• 3Y*: 26.96%
• 5Y*: 13.42%
• 10Y*: 11.95%

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

FIDU vs. IDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIDU Fidelity MSCI Industrials Index ETF	14.93%	18.61%	16.51%	22.62%	-8.36%	20.96%	13.72%	30.69%	-13.85%	22.22%
IDE Voya Infrastructure, Industrials and Materials Fund	17.18%	35.77%	11.96%	22.04%	-16.54%	26.27%	-1.06%	13.49%	-24.48%	39.58%

Correlation

The correlation between FIDU and IDE is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.59
Correlation (All Time) Calculated using the full available price history since Oct 25, 2013	0.61

The correlation between FIDU and IDE has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.

Return for Risk

FIDU vs. IDE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIDU

FIDU Risk / Return Rank: 46
FIDU Sharpe Ratio Rank: 46
FIDU Sortino Ratio Rank: 47
FIDU Omega Ratio Rank: 43
FIDU Calmar Ratio Rank: 44
FIDU Martin Ratio Rank: 52

IDE

IDE Risk / Return Rank: 63
IDE Sharpe Ratio Rank: 81
IDE Sortino Ratio Rank: 66
IDE Omega Ratio Rank: 75
IDE Calmar Ratio Rank: 46
IDE Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIDU vs. IDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Industrials Index ETF (FIDU) and Voya Infrastructure, Industrials and Materials Fund (IDE). 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.

	FIDU	IDE	Difference
Sharpe ratio: Return per unit of total volatility	1.64	2.64	-1.00
Sortino ratio: Return per unit of downside risk	2.37	3.40	-1.03
Omega ratio: Gain probability vs. loss probability	1.28	1.49	-0.21
Calmar ratio: Return relative to maximum drawdown	2.20	2.58	-0.38
Martin ratio: Return relative to average drawdown	9.09	9.25	-0.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIDU vs. IDE - Sharpe Ratio Comparison

The current FIDU Sharpe Ratio is 1.64, which is lower than the IDE Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of FIDU and IDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FIDU	IDE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	2.64	-1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.77	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	0.57	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.40	+0.26

Drawdowns

FIDU vs. IDE - Drawdown Comparison

The maximum FIDU drawdown since its inception was -42.31%, smaller than the maximum IDE drawdown of -52.43%. Use the drawdown chart below to compare losses from any high point for FIDU and IDE.

Drawdown Indicators

	FIDU	IDE	Difference
Max Drawdown Largest peak-to-trough decline	-42.31%	-52.43%	+10.12%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-14.34%	+2.11%
Max Drawdown (3Y) Largest decline over 3 years	-20.52%	-18.30%	-2.22%
Max Drawdown (5Y) Largest decline over 5 years	-22.87%	-29.36%	+6.49%
Max Drawdown (10Y) Largest decline over 10 years	-42.31%	-52.43%	+10.12%
Current Drawdown Current decline from peak	-1.27%	-0.29%	-0.98%
Average Drawdown Average peak-to-trough decline	-4.81%	-11.30%	+6.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	3.99%	-1.03%

Volatility

FIDU vs. IDE - Volatility Comparison

Fidelity MSCI Industrials Index ETF (FIDU) has a higher volatility of 5.27% compared to Voya Infrastructure, Industrials and Materials Fund (IDE) at 2.63%. This indicates that FIDU's price experiences larger fluctuations and is considered to be riskier than IDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIDU	IDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	2.63%	+2.64%
Volatility (6M) Calculated over the trailing 6-month period	13.52%	11.59%	+1.93%
Volatility (1Y) Calculated over the trailing 1-year period	16.50%	14.02%	+2.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.27%	18.04%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.31%	20.91%	-0.60%

FIDU vs. IDE - Expense Ratio Comparison

FIDU has a 0.08% expense ratio, which is higher than IDE's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FIDU vs. IDE - Dividend Comparison

FIDU's dividend yield for the trailing twelve months is around 0.95%, less than IDE's 9.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIDU Fidelity MSCI Industrials Index ETF	0.95%	1.02%	1.42%	1.42%	1.48%	1.12%	1.28%	1.73%	1.99%	1.60%	1.63%	1.98%
IDE Voya Infrastructure, Industrials and Materials Fund	9.36%	10.57%	12.11%	9.00%	9.99%	7.58%	8.89%	9.02%	16.46%	6.88%	10.67%	12.56%

Frequently Asked Questions

Can I hold both FIDU and IDE in my portfolio?

FIDU and IDE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIDU or IDE?

FIDU has higher volatility (5.27%) compared to IDE (2.63%). In terms of maximum drawdown, FIDU dropped -42.31% vs IDE's -52.43%.

Which has better risk-adjusted returns?

IDE currently has the higher Sharpe Ratio (2.64 vs 1.64), 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.