XLY vs. FDIS
Compare and contrast key facts about Consumer Discretionary Select Sector SPDR Fund (XLY) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS).
XLY and FDIS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLY is a passively managed fund by State Street that tracks the performance of the Consumer Discretionary Select Sector Index. It was launched on Dec 16, 1998. FDIS is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Consumer Discretionary Index. It was launched on Oct 21, 2013. Both XLY and FDIS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XLY or FDIS.
Key characteristics
| XLY | FDIS | |
|---|---|---|
| YTD Return | -2.29% | -1.55% |
| 1Y Return | 22.27% | 23.65% |
| 3Y Return (Ann) | -0.01% | -0.66% |
| 5Y Return (Ann) | 8.66% | 11.78% |
| 10Y Return (Ann) | 12.00% | 12.93% |
| Sharpe Ratio | 1.24 | 1.33 |
| Daily Std Dev | 17.51% | 17.42% |
| Max Drawdown | -59.05% | -39.16% |
| Current Drawdown | -15.80% | -14.00% |
Correlation
The correlation between XLY and FDIS is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XLY vs. FDIS - Performance Comparison
In the year-to-date period, XLY achieves a -2.29% return, which is significantly lower than FDIS's -1.55% return. Over the past 10 years, XLY has underperformed FDIS with an annualized return of 12.00%, while FDIS has yielded a comparatively higher 12.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XLY vs. FDIS - Expense Ratio Comparison
XLY has a 0.13% 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%.
Risk-Adjusted Performance
XLY vs. FDIS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Consumer Discretionary Select Sector SPDR Fund (XLY) 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.
Dividends
XLY vs. FDIS - Dividend Comparison
XLY's dividend yield for the trailing twelve months is around 0.77%, less than FDIS's 0.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLY Consumer Discretionary Select Sector SPDR Fund | 0.77% | 0.78% | 1.00% | 0.53% | 0.82% | 1.28% | 1.34% | 1.20% | 1.71% | 1.43% | 1.31% | 1.16% |
FDIS Fidelity MSCI Consumer Discretionary Index ETF | 0.79% | 0.78% | 1.00% | 0.58% | 0.59% | 1.14% | 1.29% | 1.00% | 1.62% | 1.25% | 1.01% | 0.28% |
Drawdowns
XLY vs. FDIS - Drawdown Comparison
The maximum XLY drawdown since its inception was -59.05%, which is greater than FDIS's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for XLY and FDIS. For additional features, visit the drawdowns tool.
Volatility
XLY vs. FDIS - Volatility Comparison
Consumer Discretionary Select Sector SPDR Fund (XLY) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS) have volatilities of 4.45% and 4.52%, 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.