Summary
FDIS Chart
FDIS: Consumer Discretionary Dashboard For June
Consumer services are undervalued versus historical averages and exhibit the highest quality score within the sector, while autos/components lag in both value and quality metrics. FDIS offers broader exposure, better value and slightly superior long-term returns compared to XLY, but has weaker trading volumes. Both FDIS and XLY carry high concentration risk in Amazon and Tesla, with the top 10 holdings comprising nearly 60% of FDIS.
Should You Invest in the Fidelity MSCI Consumer Discretionary Index ETF (FDIS)?
Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the Fidelity MSCI Consumer Discretionary Index ETF (FDIS), a passively managed exchange traded fund launched on October 21, 2013.
FDIS: Consumer Discretionary Dashboard For May
Consumer services is the most compelling consumer discretionary subsector, showing significant undervaluation and excellent quality versus 11-year historical baselines. FDIS offers broad exposure to the sector with 249 stocks and is cheaper than XLY on valuation metrics, but both funds are highly concentrated in Amazon and Tesla. FDIS and XLY have near-identical risk-adjusted performance and expense ratios; XLY's higher liquidity favors traders, while FDIS suits long-term investors seeking value.
Fidelity MSCI Consumer Discretionary Index ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 12 | $730 | $1,241.4 | $511.4 | 70.05% |
| MM Michael Mcmahon TRUST Co. BANK Corp. N Y | 2,800 | $228,165.39 | $289,688 | $61,522.61 | 26.96% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 800 | $81,698.64 | $82,472 | $773.36 | 0.95% |
 Point72 Asset Management LP Point72 Asset Management LP | 2,658 | $271,541.36 | $273,800.58 | $2,259.22 | 0.83% |
 Jeff Ameen Spire Wealth Management | 8,518 | $692,357.97 | $867,302.76 | $174,944.79 | 25.27% |
Fidelity MSCI Consumer Discretionary Index ETF (FDIS) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Fidelity MSCI Consumer Discretionary Index ETF ever had a stock split?
Fidelity MSCI Consumer Discretionary Index ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is designed to provide investors with exposure to the consumer discretionary sector of the U.S. equity market. It primarily invests in securities that are included in the MSCI USA IMI Consumer Discretionary 25/50 Index, focusing on putting at least 80% of its assets into the components of this specific index. This index is a representation of the performance of companies within the consumer discretionary sector in the U.S., including industries such as automobiles, consumer durables, apparel, hotels, restaurants, leisure, media, and retail. The fund's approach may lead to not holding all of the securities in the MSCI USA IMI Consumer Discretionary 25/50 Index, giving it some flexibility in its holdings. Being non-diversified, it concentrates its investments in this sector, potentially leading to higher volatility and risk/reward profile compared to diversified funds.
Products and Services
Investment in Consumer Discretionary Sector: This service offers investors a focused opportunity to invest in the U.S. consumer discretionary sector. By aligning its portfolio with the MSCI USA IMI Consumer Discretionary 25/50 Index, it aims to mirror the performance of companies involved in discretionary consumer activities believed to benefit from discretionary spending.
MSCI USA IMI Consumer Discretionary 25/50 Index Exposure: The fund's strategy centers on investing at least 80% of its assets in securities that are part of the aforementioned index. This offers exposure to a broad array of companies within the consumer discretionary sector, potentially capturing growth from various sub-industries. The choice to potentially not hold all securities in the index provides the fund with the flexibility to adjust its holdings based on market conditions and fund management strategies.
Non-Diversified Fund Structure: The decision to run as a non-diversified fund means that more of the fund's assets may be invested in a smaller number of issuers. This approach can lead to higher volatility and a greater risk/reward ratio, making it suitable for investors seeking to maximize returns from the consumer discretionary sector, albeit with a higher potential risk compared to more diversified options.
