Fidelity MSCI Consumer Discretionary Index ETF

FDIS

Market cap $1.78B

Launched on October 21, 2013, the Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.

The latter half of the quarterly earnings season has been dominated by a heavy dose of retailer updates. Names reporting earnings include Walmart, Target, and other mainstay consumer discretionary retailers.

Consumer services are undervalued by 14% and exhibit excellent quality scores, while autos/components remain the most overpriced subsector with the lowest quality. FDIS and XLY offer equivalent long-term risk-adjusted returns; FDIS has better value, and XLY has higher liquidity; both are heavily concentrated in Amazon and Tesla. 10 stocks cheaper than their peers in February.

Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is a passively managed exchange traded fund launched on October 21, 2013.

The Fidelity MSCI Consumer Discretionary Index ETF ( NYSEARCA:FDIS ) isn't making headlines, and that's the point.

Softer inflation and dovish signals point to more 2026 rate cuts. These ETFs can help investors ride potential gains.

Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is a passively managed exchange traded fund launched on October 21, 2013.

This article analyzes the consumer discretionary sector using value, quality, and momentum metrics for top-down evaluation. Consumer services subsector stands out as undervalued and high quality, while auto/components are overvalued with weak quality scores. FDIS and XLY are similar for long-term investors based on fees and risk-adjusted returns; both have high exposure to Amazon and Tesla.

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into the next few months giving him 'significant confidence' he said.

Consumer Discretionary sector analysis reveals consumer services are undervalued with strong quality, while autos/components lag in both value and quality. Fast facts on FDIS, an alternative to XLY with a broader portfolio and a tilt to value. 10 stocks cheaper than their peers in October.