GXPD vs. FDIS
GXPD (Global X PureCap MSCI Consumer Discretionary ETF) and FDIS (Fidelity MSCI Consumer Discretionary Index ETF) are both Consumer Discretionary Equities funds - GXPD tracks the MSCI USA Consumer Discretionary PureCap Index while FDIS tracks the MSCI USA IMI Consumer Discretionary 25/50 Index. Both are passively managed. With a 0.96 correlation, they move nearly in lockstep. GXPD charges 0.15%/yr vs 0.08%/yr for FDIS.
Performance
GXPD vs. FDIS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GXPD achieves a -4.42% return, which is significantly lower than FDIS's -2.36% return.
GXPD
- 1D
- -0.80%
- 1M
- -6.40%
- YTD
- -4.42%
- 6M
- -6.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDIS
- 1D
- -0.98%
- 1M
- -2.85%
- YTD
- -2.36%
- 6M
- -4.54%
- 1Y
- 8.08%
- 3Y*
- 12.56%
- 5Y*
- 5.16%
- 10Y*
- 13.88%
GXPD vs. FDIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXPD Global X PureCap MSCI Consumer Discretionary ETF | -4.42% | 5.36% |
FDIS Fidelity MSCI Consumer Discretionary Index ETF | -2.36% | 4.98% |
Correlation
The correlation between GXPD and FDIS is 0.96 - 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 23, 2025 | 0.96 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GXPD vs. FDIS — Risk / Return Rank
GXPD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FDIS
GXPD vs. FDIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Discretionary ETF (GXPD) 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.
| GXPD | FDIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.09 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.52 | — |
| Martin ratioReturn relative to average drawdown | — | 1.60 | — |
Loading charts...
Drawdowns
GXPD vs. FDIS - Drawdown Comparison
The maximum GXPD drawdown since its inception was -16.61%, smaller than the maximum FDIS drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for GXPD and FDIS.
Loading charts...
Drawdown Indicators
| GXPD | FDIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.61% | -39.16% | +22.55% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.50% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.43% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.16% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.16% | — |
Current DrawdownCurrent decline from peak | -8.86% | -6.85% | -2.01% |
Average DrawdownAverage peak-to-trough decline | -4.40% | -7.49% | +3.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.07% | — |
Volatility
GXPD vs. FDIS - Volatility Comparison
Loading charts...
Volatility by Period
| GXPD | FDIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.34% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.82% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.38% | 18.75% | +1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 23.99% | -3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.38% | 22.33% | -1.95% |
GXPD vs. FDIS - Expense Ratio Comparison
GXPD has a 0.15% expense ratio, which is higher than FDIS's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GXPD vs. FDIS - Dividend Comparison
GXPD's dividend yield for the trailing twelve months is around 0.20%, less than FDIS's 0.75% yield.
| 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% |
GXPD Global X PureCap MSCI Consumer Discretionary ETF | 0.20% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, GXPD and FDIS 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.
On fees, FDIS is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FDIS is cheaper with a 0.08% expense ratio, compared with 0.15% for GXPD.
FDIS has the higher dividend yield at 0.75%, compared with 0.20% for GXPD.
GXPD tracks MSCI USA Consumer Discretionary PureCap Index, while FDIS tracks MSCI USA IMI Consumer Discretionary 25/50 Index. They also come from different issuers: Global X and Fidelity. Their fees differ too: 0.15% for GXPD and 0.08% for FDIS.
Find the right allocation for GXPD and FDIS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer