FIDU vs. XLII

Last updated Aug 2, 2026

FIDU (Fidelity MSCI Industrials Index ETF) and XLII (State Street Industrial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - FIDU is a Industrials Equities fund tracking the MSCI USA IMI Industrials Index, while XLII is a Derivative Income fund actively managed by State Street. FIDU is passively managed, while XLII is actively managed. Over the past year, FIDU returned 21.56% vs 20.71% for XLII. Their 0.95 correlation means they have historically moved very closely together. FIDU charges 0.08%/yr vs 0.35%/yr for XLII.

Performance

FIDU vs. XLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Industrials Index ETF (FIDU) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIDU achieves a 16.05% return, which is significantly higher than XLII's 11.91% 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%

XLII

• 1D: 0.96%
• 1M: -0.49%
• 6M: 8.98%
• YTD: 11.91%
• 1Y: 20.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.91%

*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
XLII State Street Industrial Select Sector SPDR Premium Income ETF	$449.50K	$324.22K	$213.70K

FIDU vs. XLII - Yearly Performance Comparison

	2026 (YTD)	2025
FIDU Fidelity MSCI Industrials Index ETF	16.05%	2.67%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	11.91%	6.30%

Correlation

The correlation between FIDU and XLII is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.95
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.95

The correlation between FIDU and XLII has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.

FIDU vs. XLII - Sectors Allocation Comparison

Sectors	FIDU	XLII
Industrials	86.2%	93.8%
Technology	5.8%	5.9%
Utilities	3.8%	-
Basic Materials	1.6%	-
Consumer Cyclical	0.5%	0.3%
Financial Services	0.2%	100.8%
Real Estate	0.0%	-
Consumer Defensive	0.0%	-
Healthcare	0.0%	-
Communication Services	0.0%	-
Energy	0.0%	-

Return for Risk

FIDU vs. XLII — 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

XLII

XLII Risk / Return Rank: 66
XLII Sharpe Ratio Rank: 69
XLII Sortino Ratio Rank: 68
XLII Omega Ratio Rank: 69
XLII Calmar Ratio Rank: 54
XLII 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. XLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Industrials Index ETF (FIDU) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). 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	XLII	Difference
Sharpe ratio: Return per unit of total volatility	1.09	1.59	-0.49
Sortino ratio: Return per unit of downside risk	1.60	2.26	-0.66
Omega ratio: Gain probability vs. loss probability	1.19	1.29	-0.10
Calmar ratio: Return relative to maximum drawdown	1.61	1.93	-0.31
Martin ratio: Return relative to average drawdown	6.39	8.68	-2.29

FIDU vs. XLII - Sharpe Ratio Comparison

The current FIDU Sharpe Ratio is 1.09, which is lower than the XLII Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of FIDU and XLII, 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. XLII - Drawdown Comparison

The maximum FIDU drawdown since its inception was -42.31%, which is greater than XLII's maximum drawdown of -10.10%. Use the drawdown chart below to compare losses from any high point for FIDU and XLII.

Drawdown Indicators

	FIDU	XLII	Difference
Max Drawdown Largest peak-to-trough decline	-42.31%	-10.10%	-32.21%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-10.10%	-2.13%
Max Drawdown (3Y) Largest decline over 3 years	-20.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.31%	—	—
Current Drawdown Current decline from peak	-4.41%	-1.32%	-3.09%
Average Drawdown Average peak-to-trough decline	-4.77%	-1.28%	-3.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	2.24%	+0.85%

Volatility

FIDU vs. XLII - Volatility Comparison

Fidelity MSCI Industrials Index ETF (FIDU) has a higher volatility of 5.09% compared to State Street Industrial Select Sector SPDR Premium Income ETF (XLII) at 3.82%. This indicates that FIDU's price experiences larger fluctuations and is considered to be riskier than XLII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIDU	XLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	3.82%	+1.27%
Volatility (6M) Calculated over the trailing 6-month period	14.73%	10.44%	+4.29%
Volatility (1Y) Calculated over the trailing 1-year period	18.03%	12.25%	+5.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.47%	12.23%	+6.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.37%	12.23%	+8.14%

FIDU vs. XLII - Expense Ratio Comparison

FIDU has a 0.08% expense ratio, which is lower than XLII's 0.35% expense ratio.

Dividends

FIDU vs. XLII - Dividend Comparison

FIDU's dividend yield for the trailing twelve months is around 0.95%, less than XLII's 12.08% 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%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	12.08%	5.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FIDU and XLII in my portfolio?

With a correlation of 0.95, FIDU and XLII move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FIDU or XLII?

FIDU has higher volatility (5.09%) compared to XLII (3.82%). In terms of maximum drawdown, FIDU dropped -42.31% vs XLII's -10.10%.

Which ETF is better, FIDU or XLII?

On 1-year performance, FIDU leads with 21.56% vs 20.71% for XLII. On fees, FIDU is cheaper at 0.08% per year. On volatility, XLII has been the lower-risk option at 3.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FIDU or XLII?

Over the 1-year period, FIDU has performed better with a 21.56% return vs 20.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FIDU or XLII?

FIDU is cheaper with a 0.08% expense ratio, compared with 0.35% for XLII.

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

XLII has the higher dividend yield at 12.08%, compared with 0.95% for FIDU.

What is the main difference between FIDU and XLII?

FIDU is categorized as Industrials Equities, while XLII is Derivative Income. They also come from different issuers: Fidelity and State Street. Their fees differ too: 0.08% for FIDU and 0.35% for XLII.

Which has better risk-adjusted returns?

XLII currently has the higher Sharpe Ratio (1.59 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.