FSTA vs. HYGI

Last updated Jun 9, 2026

FSTA (Fidelity MSCI Consumer Staples Index ETF) and HYGI (iShares Inflation Hedged High Yield Bond ETF) are both exchange-traded funds - FSTA is a Consumer Staples Equities fund tracking the MSCI USA IMI Consumer Staples Index, while HYGI is a Inflation-Protected Bonds fund tracking the BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. Both are passively managed. At a 0.37 correlation, their price movements are largely independent. FSTA charges 0.08%/yr vs 0.52%/yr for HYGI.

Performance

FSTA vs. HYGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Consumer Staples Index ETF (FSTA) and iShares Inflation Hedged High Yield Bond ETF (HYGI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FSTA

• 1D: -0.17%
• 1M: -2.09%
• YTD: 7.29%
• 6M: 7.43%
• 1Y: 3.86%
• 3Y*: 8.01%
• 5Y*: 6.56%
• 10Y*: 7.61%

HYGI

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

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

FSTA vs. HYGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FSTA Fidelity MSCI Consumer Staples Index ETF	7.29%	1.82%	13.31%	2.29%	3.67%
HYGI iShares Inflation Hedged High Yield Bond ETF	0.00%	6.20%	9.16%	11.71%	0.65%

Correlation

The correlation between FSTA and HYGI is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (All Time) Calculated using the full available price history since Jun 27, 2022	0.37

Over the past year, the correlation between FSTA and HYGI has dropped to 0.17 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.

FSTA vs. HYGI - Sectors Allocation Comparison

Sectors	FSTA	HYGI
Consumer Defensive	97.4%	-
Consumer Cyclical	1.7%	-
Industrials	0.3%	-
Basic Materials	0.3%	-
Healthcare	0.0%	-
Communication Services	-	-
Energy	-	-
Financial Services	-	-
Real Estate	-	0.4%
Technology	-	-
Utilities	-	99.6%

Return for Risk

FSTA vs. HYGI — Risk / Return Rank

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

FSTA

FSTA Risk / Return Rank: 14
FSTA Sharpe Ratio Rank: 14
FSTA Sortino Ratio Rank: 14
FSTA Omega Ratio Rank: 13
FSTA Calmar Ratio Rank: 15
FSTA Martin Ratio Rank: 14

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.

FSTA vs. HYGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Consumer Staples Index ETF (FSTA) and iShares Inflation Hedged High Yield Bond ETF (HYGI). 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.

	FSTA	HYGI	Difference
Sharpe ratio: Return per unit of total volatility	0.31	—	—
Sortino ratio: Return per unit of downside risk	0.54	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.42	—	—
Martin ratio: Return relative to average drawdown	0.85	—	—
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

	FSTA	HYGI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.31	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	—	—

Drawdowns

Drawdown Indicators

	FSTA	HYGI	Difference
Max Drawdown Largest peak-to-trough decline	-25.13%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.29%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.13%	—	—
Current Drawdown Current decline from peak	-7.26%	—	—
Average Drawdown Average peak-to-trough decline	-3.56%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.57%	—	—

Volatility

Volatility by Period

	FSTA	HYGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.44%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.13%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.57%	—	—

FSTA vs. HYGI - Expense Ratio Comparison

FSTA has a 0.08% expense ratio, which is lower than HYGI's 0.52% expense ratio.

Dividends

FSTA vs. HYGI - Dividend Comparison

FSTA's dividend yield for the trailing twelve months is around 2.22%, while HYGI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSTA Fidelity MSCI Consumer Staples Index ETF	2.22%	2.34%	2.25%	2.66%	2.26%	2.15%	2.47%	2.46%	3.01%	2.42%	2.53%	2.86%
HYGI iShares Inflation Hedged High Yield Bond ETF	0.97%	3.41%	6.08%	6.22%	3.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FSTA and HYGI in my portfolio?

FSTA and HYGI have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FSTA or HYGI?

On fees, FSTA 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, FSTA or HYGI?

FSTA is cheaper with a 0.08% expense ratio, compared with 0.52% for HYGI.

Which ETF pays a higher dividend yield, FSTA or HYGI?

FSTA has the higher dividend yield at 2.22%, compared with 0.97% for HYGI.

What is the main difference between FSTA and HYGI?

FSTA is categorized as Consumer Staples Equities, while HYGI is Inflation-Protected Bonds. FSTA tracks MSCI USA IMI Consumer Staples Index, while HYGI tracks BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.08% for FSTA and 0.52% for HYGI.