GBLD vs. FSST

Last updated Apr 1, 2026

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

GBLD and FSST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FSST is a passively managed fund by Fidelity that tracks the performance of the Russell 3000. It was launched on Jun 15, 2021. Both GBLD and FSST 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

GBLD vs. FSST - Performance Comparison

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

GBLD vs. FSST - Yearly Performance Comparison

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

Returns By Period

GBLD

• 1D: —
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FSST

• 1D: —
• 1M: —
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• 6M: —
• 1Y: —
• 3Y*: —
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*Multi-year figures are annualized to reflect compound growth (CAGR)

GBLD vs. FSST - Expense Ratio Comparison

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

FSST

Fidelity Sustainability U.S. Equity ETF

GBLD

Invesco MSCI Green Building ETF

Return for Risk

GBLD vs. FSST - Risk-Adjusted Trends Comparison

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

GBLD vs. FSST - Dividend Comparison

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

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

Drawdowns

Volatility