XLYI vs. FDIS

Last updated Jul 24, 2026

XLYI (State Street Consumer Discretionary Select Sector SPDR Premium Income ETF) and FDIS (Fidelity MSCI Consumer Discretionary Index ETF) are both exchange-traded funds - XLYI is a Derivative Income fund actively managed by State Street, while FDIS is a Consumer Discretionary Equities fund tracking the MSCI USA IMI Consumer Discretionary 25/50 Index. XLYI is actively managed, while FDIS is passively managed. With a 0.97 correlation, they move nearly in lockstep. XLYI charges 0.35%/yr vs 0.08%/yr for FDIS.

Performance

XLYI vs. FDIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLYI achieves a -5.92% return, which is significantly lower than FDIS's -5.54% return.

XLYI

• 1D: -4.19%
• 1M: -3.26%
• 6M: -8.52%
• YTD: -5.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FDIS

• 1D: -4.23%
• 1M: -3.25%
• 6M: -8.51%
• YTD: -5.54%
• 1Y: -1.47%
• 3Y*: 9.60%
• 5Y*: 3.86%
• 10Y*: 12.71%
• ALL TIME*: 12.02%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDIS Fidelity MSCI Consumer Discretionary Index ETF	$6.15M	$6.75M	$9.02M
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	$64.69K	$56.45K	$58.59K

XLYI vs. FDIS - Yearly Performance Comparison

	2026 (YTD)	2025
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	-5.92%	5.63%
FDIS Fidelity MSCI Consumer Discretionary Index ETF	-5.54%	5.60%

Correlation

The correlation between XLYI and FDIS is 0.97 - 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 30, 2025	0.97

XLYI vs. FDIS - Sectors Allocation Comparison

Sectors	XLYI	FDIS
Financial Services	99.2%	0.1%
Consumer Cyclical	99.0%	96.2%
Technology	1.0%	1.0%
Basic Materials	-	-
Communication Services	-	0.3%
Consumer Defensive	-	1.2%
Energy	-	-
Healthcare	-	0.1%
Industrials	-	1.1%
Real Estate	-	0.1%
Utilities	-	-

Return for Risk

XLYI vs. FDIS — Risk / Return Rank

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

XLYI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FDIS

FDIS Risk / Return Rank: 10
FDIS Sharpe Ratio Rank: 10
FDIS Sortino Ratio Rank: 10
FDIS Omega Ratio Rank: 10
FDIS Calmar Ratio Rank: 10
FDIS Martin Ratio Rank: 10

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.

XLYI vs. FDIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI) 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.

	XLYI	FDIS	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.08	—
Sortino ratio: Return per unit of downside risk	—	0.03	—
Omega ratio: Gain probability vs. loss probability	—	1.00	—
Calmar ratio: Return relative to maximum drawdown	—	-0.10	—
Martin ratio: Return relative to average drawdown	—	-0.28	—

Drawdowns

XLYI vs. FDIS - Drawdown Comparison

The maximum XLYI drawdown since its inception was -12.32%, smaller than the maximum FDIS drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for XLYI and FDIS.

Drawdown Indicators

	XLYI	FDIS	Difference
Max Drawdown Largest peak-to-trough decline	-12.32%	-39.16%	+26.84%
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 Drawdown Current decline from peak	-9.27%	-9.88%	+0.61%
Average Drawdown Average peak-to-trough decline	-3.21%	-7.47%	+4.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.26%	—

Volatility

Volatility by Period

	XLYI	FDIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.12%	19.28%	-3.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	24.08%	-7.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.12%	22.37%	-6.25%

XLYI vs. FDIS - Expense Ratio Comparison

XLYI has a 0.35% expense ratio, which is higher than FDIS's 0.08% expense ratio.

Dividends

XLYI vs. FDIS - Dividend Comparison

XLYI's dividend yield for the trailing twelve months is around 15.68%, more than FDIS's 0.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIS Fidelity MSCI Consumer Discretionary Index ETF	0.78%	0.75%	0.69%	0.78%	1.00%	0.58%	0.59%	1.14%	1.29%	1.00%	1.62%	1.25%
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	15.68%	6.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XLYI and FDIS in my portfolio?

With a correlation of 0.97, XLYI 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.

Which ETF is better, XLYI or FDIS?

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.

Which ETF is cheaper, XLYI or FDIS?

FDIS is cheaper with a 0.08% expense ratio, compared with 0.35% for XLYI.

Which ETF pays a higher dividend yield, XLYI or FDIS?

XLYI has the higher dividend yield at 15.68%, compared with 0.78% for FDIS.

What is the main difference between XLYI and FDIS?

XLYI is categorized as Derivative Income, while FDIS is Consumer Discretionary Equities. They also come from different issuers: State Street and Fidelity. Their fees differ too: 0.35% for XLYI and 0.08% for FDIS.