Data as of Oct 28, 2026.
FDIS vs XLY: Differences, Returns & Fees
Over the year to Oct 28, 2026, FDIS returned −2.4% to XLY's −3.6%; 70% of their weight is in the same names.
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Net assets: $1.6bn on Sep 30, 2026 for Fidelity MSCI Consumer Discretionary Index ETF, and $22.4bn on Oct 27, 2026 for State Street Consumer Discretionary Select Sector SPDR ETF.
Pair scorecard
Both cost 0.08% a year; their one-year returns differ by 1.2 points; XLY is 13.3 times larger.
Points (pts) are percentage points.
| Measure | FDIS | XLY |
|---|---|---|
| Return | ||
| Total return, 1 year | −2.4% | −3.6% |
| Drawdown | ||
| Below its high | 5.9%, high on Jan 9, 2026 | 6.8%, high on Jan 12, 2026 |
| Benchmark | ||
| What it tracks | MSCI USA IMI Consumer Discretionary 25/50 Index | Consumer Discretionary Select Sector Index |
| Cost and size | ||
| Expense ratio | 0.08% | 0.08% |
| Net assets, as of Sep 30, 2026 | $1.6bn | $21.3bn |
| Holdings | ||
| Holdings in common | 70% | |
| Top ten holdings, share of the fund | 54.8% | 68.5% |
Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method
Risk and return
Nov 1, 2013 to Oct 23, 2026 · 677 weekly returnsEach against its own benchmark: FDIS against VCR, Nov 1, 2013 to Oct 23, 2026; XLY against SPY, Dec 31, 1998 to Oct 23, 2026.
FDIS returned slightly more: +337.9% to +311.9%. FDIS and XLY swung about the same: 20.4% and 20.2%. FDIS and XLY fell about the same at their worst: −37.8% and −38.3%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | FDIS | XLY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +337.9% | +311.9% | FDIS (slight) | Price change plus distributions, reinvested. |
| Annualized | +12.0% | +11.5% | FDIS (slight) | Total return as a yearly rate. |
| Price return | +283.7% | +255.9% | FDIS (slight) | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 20.4% | 20.2% | Tie | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 13.7% | 13.6% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −37.8% | −38.3% | Tie | Deepest fall from a high to the low after it. |
| Upside capture | 98.4% | 118.0% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 99.2% | 106.8% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.98 | 1.10 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.99 | 0.77 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.56 | 0.54 | FDIS (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.84 | 0.80 | FDIS (slight) | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.117 | 0.087 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.32 | 0.30 | FDIS (slight) | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | VCR | SPY | The ETF each fund is measured against. | |
| Alpha | +0.3% a year | +0.7% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.47 | 0.34 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −0.9% to +1.5% | −3.2% to +4.6% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.05 | 0.14 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 2.2% | 10.6% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 677 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FDIS and XLY hold 70% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.
half
70% in common
Only in one fund ↓
Side by side
FDIS and XLY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FDIS and XLY are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FDIS follows MSCI USA IMI Consumer Discretionary 25/50 Index and XLY follows Consumer Discretionary Select Sector Index.
- Number of holdings. FDIS holds 245 positions and XLY holds 48.
- Size. FDIS has $1.6bn in net assets and XLY $21.3bn (net assets, as of Sep 30, 2026); XLY is 13.3 times larger.
Data as of Oct 28, 2026.
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FDIS
FDIS tracks an index. Over the year to Oct 28, 2026 it returned −2.4% with distributions reinvested, against −2.5% for its benchmark, the MSCI USA IMI Consumer Discretionary 25/50 Index. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jul 31, 2026, 76% of the fund by weight is stocks the S&P 500 also holds, across 245 positions, with the top ten at 54.8%. It sat 5.9% below its high of Jan 9, 2026 on Oct 28, 2026.
XLY
XLY tracks an index of Consumer discretionary. Over the year to Oct 28, 2026 it returned −3.6% with distributions reinvested, against +13.6% for its benchmark, the S&P 500 Index. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 48 positions, with the top ten at 68.5%. It sat 6.8% below its high of Jan 12, 2026 on Oct 28, 2026.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, FDIS against XLY, data as of Oct 28, 2026. https://etfiq.com/compare/any/fdis-vs-xly
ETFIQ. (Oct 28, 2026). FDIS against XLY. Retrieved from https://etfiq.com/compare/any/fdis-vs-xly
[FDIS against XLY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/fdis-vs-xly)
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