FSST vs. GBLD

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Sustainability U.S. Equity ETF (FSST) and Invesco MSCI Green Building ETF (GBLD).

FSST and GBLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSST is a passively managed fund by Fidelity that tracks the performance of the Russell 3000. It was launched on Jun 15, 2021. GBLD is a passively managed fund by Invesco that tracks the performance of the MSCI Global Green Building Index. It was launched on Apr 22, 2021. Both FSST and GBLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FSST vs. GBLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainability U.S. Equity ETF (FSST) and Invesco MSCI Green Building ETF (GBLD). The values are adjusted to include any dividend payments, if applicable.

FSST vs. GBLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FSST Fidelity Sustainability U.S. Equity ETF	0.00%	15.40%	21.40%	25.49%	-18.30%	12.81%
GBLD Invesco MSCI Green Building ETF	4.52%	17.95%	-5.63%	6.39%	-21.69%	-6.18%

Returns By Period

FSST

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GBLD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FSST vs. GBLD - Expense Ratio Comparison

FSST has a 0.59% expense ratio, which is higher than GBLD's 0.39% expense ratio.

FSST

Fidelity Sustainability U.S. Equity ETF

GBLD

Invesco MSCI Green Building ETF

Return for Risk

FSST vs. GBLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainability U.S. Equity ETF (FSST) and Invesco MSCI Green Building ETF (GBLD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Correlation

The correlation between FSST and GBLD is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FSST vs. GBLD - Dividend Comparison

FSST's dividend yield for the trailing twelve months is around 0.14%, less than GBLD's 3.45% yield.

	TTM	2025	2024	2023	2022	2021
FSST Fidelity Sustainability U.S. Equity ETF	0.14%	0.19%	2.01%	0.68%	1.00%	0.34%
GBLD Invesco MSCI Green Building ETF	3.45%	3.27%	5.34%	6.60%	3.79%	3.16%

Drawdowns

Volatility