FIDU vs. XLII

Last updated Jun 4, 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. With a 0.95 correlation, they move nearly in lockstep. 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 14.93% return, which is significantly higher than XLII's 6.73% 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%

XLII

• 1D: -0.15%
• 1M: 2.45%
• YTD: 6.73%
• 6M: 8.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FIDU vs. XLII - Yearly Performance Comparison

	2026 (YTD)	2025
FIDU Fidelity MSCI Industrials Index ETF	14.93%	3.10%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	6.73%	6.62%

Correlation

The correlation between FIDU and XLII is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.95

FIDU vs. XLII - Sectors Allocation Comparison

Sectors	FIDU	XLII
Industrials	92.1%	-
Technology	6.4%	-
Consumer Cyclical	1.0%	-
Basic Materials	0.2%	-
Financial Services	0.2%	100.3%
Utilities	0.1%	-
Communication Services	0.0%	-
Energy	0.0%	-
Healthcare	0.0%	-
Consumer Defensive	-	-
Real Estate	-	-

Return for Risk

FIDU vs. XLII — 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

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. 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.

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

Sharpe Ratios by Period

	FIDU	XLII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	1.44	-0.78

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%	—	—
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	-1.27%	-0.36%	-0.91%
Average Drawdown Average peak-to-trough decline	-4.81%	-1.34%	-3.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	—	—

Volatility

Volatility by Period

	FIDU	XLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.50%	11.55%	+4.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.27%	11.55%	+6.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.31%	11.55%	+8.76%

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 11.29% 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	11.29%	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 ETF is better, FIDU or XLII?

On fees, FIDU is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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 11.29%, 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.