FNKO vs. FDIS

Last updated Jun 26, 2026

FNKO (Funko, Inc.) is a stock, while FDIS (Fidelity MSCI Consumer Discretionary Index ETF) is Consumer Discretionary Equities fund tracking the MSCI USA IMI Consumer Discretionary 25/50 Index. Over the past 5 years, FNKO returned -23.81%/yr vs 5.15%/yr for FDIS. At a 0.45 correlation, their price movements are largely independent.

Performance

FNKO vs. FDIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Funko, Inc. (FNKO) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FNKO achieves a 66.18% return, which is significantly higher than FDIS's -2.05% return.

FNKO

• 1D: 0.00%
• 1M: 7.21%
• YTD: 66.18%
• 6M: 77.67%
• 1Y: 11.88%
• 3Y*: -18.22%
• 5Y*: -23.81%
• 10Y*: —

FDIS

• 1D: -1.02%
• 1M: -2.97%
• YTD: -2.05%
• 6M: -4.50%
• 1Y: 8.94%
• 3Y*: 13.09%
• 5Y*: 5.15%
• 10Y*: 14.16%

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

FNKO vs. FDIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FNKO Funko, Inc.	66.18%	-74.61%	73.22%	-29.15%	-41.97%	81.12%	-39.51%	30.49%	97.74%	-16.87%
FDIS Fidelity MSCI Consumer Discretionary Index ETF	-2.05%	5.67%	24.43%	40.48%	-35.23%	24.25%	49.50%	27.44%	-0.88%	7.33%

Correlation

The correlation between FNKO and FDIS is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Nov 2, 2017	0.45

The correlation between FNKO and FDIS has been stable across timeframes, ranging from 0.44 to 0.50 - a consistent structural relationship.

Return for Risk

FNKO vs. FDIS — Risk / Return Rank

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

FNKO

FNKO Risk / Return Rank: 50
FNKO Sharpe Ratio Rank: 49
FNKO Sortino Ratio Rank: 52
FNKO Omega Ratio Rank: 52
FNKO Calmar Ratio Rank: 49
FNKO Martin Ratio Rank: 49

FDIS

FDIS Risk / Return Rank: 16
FDIS Sharpe Ratio Rank: 17
FDIS Sortino Ratio Rank: 16
FDIS Omega Ratio Rank: 15
FDIS Calmar Ratio Rank: 16
FDIS Martin Ratio Rank: 18

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.

FNKO vs. FDIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Funko, Inc. (FNKO) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS). 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.

	FNKO	FDIS	Difference
Sharpe ratio: Return per unit of total volatility	0.15	0.48	-0.33
Sortino ratio: Return per unit of downside risk	0.82	0.80	+0.02
Omega ratio: Gain probability vs. loss probability	1.11	1.09	+0.01
Calmar ratio: Return relative to maximum drawdown	0.23	0.58	-0.35
Martin ratio: Return relative to average drawdown	0.42	1.76	-1.34

FNKO vs. FDIS - Sharpe Ratio Comparison

The current FNKO Sharpe Ratio is 0.15, which is lower than the FDIS Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of FNKO and FDIS, 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

FNKO vs. FDIS - Drawdown Comparison

The maximum FNKO drawdown since its inception was -92.08%, which is greater than FDIS's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FNKO and FDIS.

Drawdown Indicators

	FNKO	FDIS	Difference
Max Drawdown Largest peak-to-trough decline	-92.08%	-39.16%	-52.92%
Max Drawdown (1Y) Largest decline over 1 year	-51.38%	-15.50%	-35.88%
Max Drawdown (3Y) Largest decline over 3 years	-83.03%	-27.43%	-55.60%
Max Drawdown (5Y) Largest decline over 5 years	-90.88%	-39.16%	-51.72%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.16%	—
Current Drawdown Current decline from peak	-81.80%	-6.55%	-75.25%
Average Drawdown Average peak-to-trough decline	-55.73%	-7.49%	-48.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.37%	5.10%	+23.27%

Volatility

FNKO vs. FDIS - Volatility Comparison

Funko, Inc. (FNKO) has a higher volatility of 15.94% compared to Fidelity MSCI Consumer Discretionary Index ETF (FDIS) at 6.52%. This indicates that FNKO's price experiences larger fluctuations and is considered to be riskier than FDIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNKO	FDIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.94%	6.52%	+9.42%
Volatility (6M) Calculated over the trailing 6-month period	51.77%	13.91%	+37.86%
Volatility (1Y) Calculated over the trailing 1-year period	80.21%	18.73%	+61.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.07%	24.00%	+51.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.96%	22.33%	+52.63%

Dividends

FNKO vs. FDIS - Dividend Comparison

FNKO has not paid dividends to shareholders, while FDIS's dividend yield for the trailing twelve months is around 0.75%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIS Fidelity MSCI Consumer Discretionary Index ETF	0.75%	0.75%	0.69%	0.78%	1.00%	0.58%	0.59%	1.14%	1.29%	1.00%	1.62%	1.25%
FNKO Funko, Inc.	0.00%	0.00%	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 FNKO and FDIS in my portfolio?

FNKO and FDIS have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FNKO or FDIS?

FNKO has higher volatility (15.94%) compared to FDIS (6.52%). In terms of maximum drawdown, FNKO dropped -92.08% vs FDIS's -39.16%.

Which has better risk-adjusted returns?

FDIS currently has the higher Sharpe Ratio (0.48 vs 0.15), 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.