VIS vs. FIDU

Last updated Jun 24, 2026

VIS (Vanguard Industrials ETF) and FIDU (Fidelity MSCI Industrials Index ETF) are both Industrials Equities funds - VIS tracks the MSCI US Investable Market Industrials 25/50 Index while FIDU tracks the MSCI USA IMI Industrials Index. Both are passively managed. Over the past 10 years, VIS returned 14.60%/yr vs 14.77%/yr for FIDU. With a 0.99 correlation, they move nearly in lockstep. VIS charges 0.09%/yr vs 0.08%/yr for FIDU.

Performance

VIS vs. FIDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Industrials ETF (VIS) and Fidelity MSCI Industrials Index ETF (FIDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with VIS having a 17.02% return and FIDU slightly higher at 17.16%. Both investments have delivered pretty close results over the past 10 years, with VIS having a 14.60% annualized return and FIDU not far ahead at 14.77%.

VIS

• 1D: -2.14%
• 1M: 3.63%
• YTD: 17.02%
• 6M: 15.14%
• 1Y: 28.65%
• 3Y*: 22.20%
• 5Y*: 13.58%
• 10Y*: 14.60%

FIDU

• 1D: -2.11%
• 1M: 3.50%
• YTD: 17.16%
• 6M: 15.32%
• 1Y: 28.52%
• 3Y*: 22.24%
• 5Y*: 13.69%
• 10Y*: 14.77%

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

VIS vs. FIDU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIS Vanguard Industrials ETF	17.02%	18.57%	16.85%	22.50%	-8.57%	20.80%	12.34%	30.09%	-14.01%	21.47%
FIDU Fidelity MSCI Industrials Index ETF	17.16%	18.61%	16.51%	22.62%	-8.36%	20.96%	13.72%	30.69%	-13.85%	22.22%

Correlation

The correlation between VIS and FIDU is 1.00 - 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 (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013	0.99

The correlation between VIS and FIDU has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

VIS vs. FIDU - Sectors Allocation Comparison

Sectors	VIS	FIDU
Industrials	90.2%	90.3%
Technology	4.2%	4.0%
Utilities	3.8%	4.1%
Consumer Cyclical	1.1%	1.0%
Financial Services	0.2%	0.0%
Energy	0.2%	0.1%
Basic Materials	0.1%	0.1%
Communication Services	0.0%	0.0%
Real Estate	0.0%	0.0%
Healthcare	0.0%	0.0%
Consumer Defensive	-	-

Return for Risk

VIS vs. FIDU — Risk / Return Rank

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

VIS

VIS Risk / Return Rank: 50
VIS Sharpe Ratio Rank: 50
VIS Sortino Ratio Rank: 50
VIS Omega Ratio Rank: 46
VIS Calmar Ratio Rank: 49
VIS Martin Ratio Rank: 57

FIDU

FIDU Risk / Return Rank: 50
FIDU Sharpe Ratio Rank: 50
FIDU Sortino Ratio Rank: 50
FIDU Omega Ratio Rank: 45
FIDU Calmar Ratio Rank: 49
FIDU Martin Ratio Rank: 57

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.

VIS vs. FIDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Industrials ETF (VIS) and Fidelity MSCI Industrials Index ETF (FIDU). 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.

	VIS	FIDU	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.65	+0.01
Sortino ratio: Return per unit of downside risk	2.36	2.35	+0.01
Omega ratio: Gain probability vs. loss probability	1.28	1.28	0.00
Calmar ratio: Return relative to maximum drawdown	2.34	2.34	0.00
Martin ratio: Return relative to average drawdown	9.68	9.63	+0.05

VIS vs. FIDU - Sharpe Ratio Comparison

The current VIS Sharpe Ratio is 1.66, which is comparable to the FIDU Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of VIS and FIDU, 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

VIS vs. FIDU - Drawdown Comparison

The maximum VIS drawdown since its inception was -63.51%, which is greater than FIDU's maximum drawdown of -42.31%. Use the drawdown chart below to compare losses from any high point for VIS and FIDU.

Drawdown Indicators

	VIS	FIDU	Difference
Max Drawdown Largest peak-to-trough decline	-63.51%	-42.31%	-21.20%
Max Drawdown (1Y) Largest decline over 1 year	-12.29%	-12.23%	-0.06%
Max Drawdown (3Y) Largest decline over 3 years	-20.80%	-20.52%	-0.28%
Max Drawdown (5Y) Largest decline over 5 years	-22.96%	-22.87%	-0.09%
Max Drawdown (10Y) Largest decline over 10 years	-42.42%	-42.31%	-0.11%
Current Drawdown Current decline from peak	-2.14%	-2.11%	-0.03%
Average Drawdown Average peak-to-trough decline	-8.36%	-4.79%	-3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	2.97%	0.00%

Volatility

VIS vs. FIDU - Volatility Comparison

Vanguard Industrials ETF (VIS) and Fidelity MSCI Industrials Index ETF (FIDU) have volatilities of 6.60% and 6.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIS	FIDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	6.54%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	14.33%	14.32%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	17.37%	17.40%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.49%	18.40%	+0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.46%	20.34%	+0.12%

VIS vs. FIDU - Expense Ratio Comparison

VIS has a 0.09% expense ratio, which is higher than FIDU'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

VIS vs. FIDU - Dividend Comparison

VIS's dividend yield for the trailing twelve months is around 0.87%, less than FIDU's 0.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIDU Fidelity MSCI Industrials Index ETF	0.94%	1.02%	1.42%	1.42%	1.48%	1.12%	1.28%	1.73%	1.99%	1.60%	1.63%	1.98%
VIS Vanguard Industrials ETF	0.87%	1.01%	1.23%	1.36%	1.52%	1.11%	1.38%	1.68%	1.90%	1.60%	1.81%	1.94%

Frequently Asked Questions

Can I hold both VIS and FIDU in my portfolio?

With a correlation of 1.00, VIS and FIDU 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.

Which is riskier, VIS or FIDU?

VIS has higher volatility (6.60%) compared to FIDU (6.54%). In terms of maximum drawdown, VIS dropped -63.51% vs FIDU's -42.31%.

Which ETF is better, VIS or FIDU?

On 10-year performance, FIDU leads with 14.77% vs 14.60% for VIS. On fees, FIDU is cheaper at 0.08% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VIS or FIDU?

Over the 10-year period, FIDU has performed better with a 14.77% return vs 14.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VIS or FIDU?

FIDU is cheaper with a 0.08% expense ratio, compared with 0.09% for VIS.

Which ETF pays a higher dividend yield, VIS or FIDU?

FIDU has the higher dividend yield at 0.94%, compared with 0.87% for VIS.

What is the main difference between VIS and FIDU?

VIS tracks MSCI US Investable Market Industrials 25/50 Index, while FIDU tracks MSCI USA IMI Industrials Index. They also come from different issuers: Vanguard and Fidelity. Their fees differ too: 0.09% for VIS and 0.08% for FIDU.

Which has better risk-adjusted returns?

VIS currently has the higher Sharpe Ratio (1.66 vs 1.65), 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.