FIDU vs. RBLD

Last updated Aug 2, 2026

FIDU (Fidelity MSCI Industrials Index ETF) and RBLD (First Trust Alerian U.S. NextGen Infrastructure ETF) are both exchange-traded funds - FIDU is a Industrials Equities fund tracking the MSCI USA IMI Industrials Index, while RBLD is a Infrastructure Equities fund tracking the Alerian US NextGen Infrastructure Index - Benchmark TR Net. Both are passively managed. Over the past 10 years, FIDU returned 14.03%/yr vs 8.19%/yr for RBLD. Their 0.74 correlation means they have sometimes moved together and sometimes differently. FIDU charges 0.08%/yr vs 0.65%/yr for RBLD.

Performance

FIDU vs. RBLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Industrials Index ETF (FIDU) and First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FIDU having a 16.05% return and RBLD slightly higher at 16.81%. Over the past 10 years, FIDU has outperformed RBLD with an annualized return of 14.03%, while RBLD has yielded a comparatively lower 8.19% annualized return.

FIDU

• 1D: 0.83%
• 1M: -3.08%
• 6M: 7.73%
• YTD: 16.05%
• 1Y: 21.56%
• 3Y*: 18.89%
• 5Y*: 13.30%
• 10Y*: 14.03%
• ALL TIME*: 12.64%

RBLD

• 1D: 0.07%
• 1M: -1.92%
• 6M: 10.34%
• YTD: 16.81%
• 1Y: 20.06%
• 3Y*: 18.07%
• 5Y*: 11.47%
• 10Y*: 8.19%
• ALL TIME*: 8.64%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FIDU Fidelity MSCI Industrials Index ETF	$8.05M	$8.74M	$9.96M
RBLD First Trust Alerian U.S. NextGen Infrastructure ETF	$127.03K	$1.03M	$779.49K

FIDU vs. RBLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIDU Fidelity MSCI Industrials Index ETF	16.05%	18.61%	16.51%	22.62%	-8.36%	20.96%	13.72%	30.69%	-13.85%	22.22%
RBLD First Trust Alerian U.S. NextGen Infrastructure ETF	16.81%	13.99%	17.94%	19.36%	-9.87%	12.98%	0.51%	12.81%	-21.72%	22.95%

Correlation

The correlation between FIDU and RBLD is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.80
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013	0.74

The correlation between FIDU and RBLD shifts across timeframes, from 0.74 (all time) to 0.91 (3 years), reflecting how their relationship changes across market environments.

FIDU vs. RBLD - Sectors Allocation Comparison

Sectors	FIDU	RBLD
Industrials	86.2%	42.4%
Technology	5.8%	10.9%
Utilities	3.8%	27.9%
Basic Materials	1.6%	6.1%
Consumer Cyclical	0.5%	-
Financial Services	0.2%	-
Real Estate	0.0%	4.3%
Consumer Defensive	0.0%	-
Healthcare	0.0%	-
Communication Services	0.0%	1.0%
Energy	0.0%	8.3%

Return for Risk

FIDU vs. RBLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FIDU

FIDU Risk / Return Rank: 46
FIDU Sharpe Ratio Rank: 44
FIDU Sortino Ratio Rank: 44
FIDU Omega Ratio Rank: 41
FIDU Calmar Ratio Rank: 45
FIDU Martin Ratio Rank: 55

RBLD

RBLD Risk / Return Rank: 60
RBLD Sharpe Ratio Rank: 55
RBLD Sortino Ratio Rank: 51
RBLD Omega Ratio Rank: 50
RBLD Calmar Ratio Rank: 74
RBLD Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FIDU vs. RBLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Industrials Index ETF (FIDU) and First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD). 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.

	FIDU	RBLD	Difference
Sharpe ratio: Return per unit of total volatility	1.09	1.32	-0.23
Sortino ratio: Return per unit of downside risk	1.60	1.84	-0.23
Omega ratio: Gain probability vs. loss probability	1.19	1.23	-0.03
Calmar ratio: Return relative to maximum drawdown	1.61	2.61	-0.99
Martin ratio: Return relative to average drawdown	6.39	8.60	-2.22

FIDU vs. RBLD - Sharpe Ratio Comparison

The current FIDU Sharpe Ratio is 1.09, which is comparable to the RBLD Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of FIDU and RBLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FIDU vs. RBLD - Drawdown Comparison

The maximum FIDU drawdown since its inception was -42.31%, smaller than the maximum RBLD drawdown of -50.07%. Use the drawdown chart below to compare losses from any high point for FIDU and RBLD.

Drawdown Indicators

	FIDU	RBLD	Difference
Max Drawdown Largest peak-to-trough decline	-42.31%	-50.07%	+7.76%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-7.19%	-5.04%
Max Drawdown (3Y) Largest decline over 3 years	-20.52%	-19.14%	-1.38%
Max Drawdown (5Y) Largest decline over 5 years	-22.87%	-22.54%	-0.33%
Max Drawdown (10Y) Largest decline over 10 years	-42.31%	-50.07%	+7.76%
Current Drawdown Current decline from peak	-4.41%	-4.12%	-0.29%
Average Drawdown Average peak-to-trough decline	-4.77%	-10.76%	+5.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	2.18%	+0.91%

Volatility

FIDU vs. RBLD - Volatility Comparison

Fidelity MSCI Industrials Index ETF (FIDU) has a higher volatility of 5.09% compared to First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) at 3.65%. This indicates that FIDU's price experiences larger fluctuations and is considered to be riskier than RBLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIDU	RBLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	3.65%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	14.73%	11.00%	+3.73%
Volatility (1Y) Calculated over the trailing 1-year period	18.03%	14.19%	+3.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.47%	16.78%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.37%	18.50%	+1.87%

FIDU vs. RBLD - Expense Ratio Comparison

FIDU has a 0.08% expense ratio, which is lower than RBLD's 0.65% expense ratio.

Dividends

FIDU vs. RBLD - Dividend Comparison

FIDU's dividend yield for the trailing twelve months is around 0.95%, less than RBLD's 0.97% 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%
RBLD First Trust Alerian U.S. NextGen Infrastructure ETF	0.97%	1.19%	1.31%	1.16%	2.10%	1.45%	2.88%	1.84%	1.74%	1.49%	2.01%	1.17%

Frequently Asked Questions

Can I hold both FIDU and RBLD in my portfolio?

FIDU and RBLD have a correlation of 0.89, 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 RBLD?

FIDU has higher volatility (5.09%) compared to RBLD (3.65%). In terms of maximum drawdown, FIDU dropped -42.31% vs RBLD's -50.07%.

Which ETF is better, FIDU or RBLD?

On 10-year performance, FIDU leads with 14.03% vs 8.19% for RBLD. On fees, FIDU is cheaper at 0.08% per year. On volatility, RBLD has been the lower-risk option at 3.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FIDU or RBLD?

Over the 10-year period, FIDU has performed better with a 14.03% return vs 8.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FIDU or RBLD?

FIDU is cheaper with a 0.08% expense ratio, compared with 0.65% for RBLD.

Which ETF pays a higher dividend yield, FIDU or RBLD?

RBLD has the higher dividend yield at 0.97%, compared with 0.95% for FIDU.

What is the main difference between FIDU and RBLD?

FIDU is categorized as Industrials Equities, while RBLD is Infrastructure Equities. FIDU tracks MSCI USA IMI Industrials Index, while RBLD tracks Alerian US NextGen Infrastructure Index - Benchmark TR Net. They also come from different issuers: Fidelity and First Trust. Their fees differ too: 0.08% for FIDU and 0.65% for RBLD.

Which has better risk-adjusted returns?

RBLD currently has the higher Sharpe Ratio (1.32 vs 1.09), 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.