FDIS vs RSPD: Grades, Fees and Holdings Compared

Fidelity MSCI Consumer Discretionary Index ETF

FDISBNYSE Arca

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

RSPDCNYSE Arca

Overlap

37.5%by weight

Expense ratio

FDIS −0.32pt a year

FDIS0.08%RSPD0.40%

Avg volume · 30D

RSPD 1.6×the volume

FDIS109KRSPD176K

10Y return · a year

FDIS +5.4pt

FDIS+13.6%RSPD+8.2%

FDIS vs RSPD Performance

Oct 29, 2021 – Oct 30, 2026

+19.1%FDIS+14.7%RSPD

Expense ratio: FDIS 0.08%, better; RSPD 0.40%
Fund size: FDIS $1.63B; RSPD $275M
1Y total return: FDIS −1.7%; RSPD +1.4%, better
Yield (12M): FDIS 0.77%; RSPD 0.92%, better
Holdings: FDIS 242; RSPD 49
Avg volume (30D): FDIS 109K sh; RSPD 176K sh, better
NAV per share: FDIS $100.14; RSPD $55.57
52W range

ETF.net Grade

Pillar letters and Scores for FDIS, RSPD, with each pillar’s weight
Pillar	FDIS	RSPD
Cost30% weight	A96Higher	F14
Mission25% weight	Not scored	Not scored
Risk15% weight	C42	B63Higher
Tradability15% weight	B60Higher	C49
Holdings10% weight	C51	A78Higher
Durability5% weight	B58Higher	C46

Rank among Consumer Discretionary (Broad) funds

How we build Categories ›

Same Category. FDIS and RSPD are both graded against the same 14 Consumer Discretionary (Broad) funds, so their Grades compare head to head.

Consumer Discretionary (Broad)⁠

Category · 14 funds

See all 14 ›

FDIS ranks 2nd and RSPD 10th of 14 funds in the Consumer Discretionary (Broad) Category.

Rank 1AXLYState Street Consumer Discretionary Select Sector SPDR ETFScore 79
Rank 2BFDISFidelity MSCI Consumer Discretionary Index ETFScore 69
Rank 3BXRTState Street SPDR S&P Retail ETFScore 65
Rank 9CIYCiShares U.S. Consumer Discretionary ETFScore 48
Rank 10CRSPDInvesco S&P 500 Equal Weight Consumer Discretionary ETFScore 41
Rank 11DRXIiShares Global Consumer Discretionary ETFScore 38

Our read on each fund

ETF.net Research

FDISBFidelity MSCI Consumer Discretionary Index ETF

RSPDCInvesco S&P 500 Equal Weight Consumer Discretionary ETF

In short

FDIS Cheap and wide. FDIS holds about 300 US consumer discretionary stocks rather than the sector's mega-cap handful, and charges 0.08% while the typical fund in its peer group asks roughly four times that.

RSPD Every consumer discretionary name in the S&P 500 gets the same slice here, so no single mega-cap sets the tone. Same shopping list as the cap-weighted sector funds, a very different plate.

Stated mandate

FDIS The fund seeks to track, before fees and expenses, the performance of the MSCI USA IMI Consumer Discretionary 25/50 Index.

RSPD The Fund tracks an index that equally weights stocks in the consumer discretionary sector of the S&P 500® Index.

Why people hold it

FDIS 0.08% a year, level with the cheapest large fund in the group (XLY) and a fraction of the roughly 0.35% cohort median.
About 300 holdings: the MSCI USA IMI Consumer Discretionary 25/50 Index reaches past the mega caps into mid and small caps.
Tracks that index closely, one of the stronger implementations among the 17 funds in its consumer discretionary group.
A multi-billion-dollar fund from Fidelity, trading since 2013, that pays distributions quarterly.

RSPD Equal weighting: roughly 50 S&P 500 discretionary names each get the same cut, so a homebuilder or restaurant chain counts as much as the biggest online retailer.invesco.com
The starting universe is the S&P 500 itself, so the roster is large, established US consumer companies rather than small-cap retail.invesco.com
Trading since 2006, it has carried the same equal-weight mandate through multiple consumer spending cycles.
It hugs its index tightly, which is the entire job of an index fund, and stands as one of the stronger implementations in the discretionary group.

Worth knowing

FDIS One sector, and a cyclical one. Returns ride on how freely US households spend, so the ride is bumpier than a total-market fund's.
The 25/50 rules cap how large any single position gets, but this is still a concentrated slice of the US market.
Moderately traded rather than the category's busiest ticker. Limit orders are the sensible habit, especially in size.

RSPD At 0.40% a year it costs more than cap-weighted rivals like XLY (0.08%) and VCR (0.09%). The equal-weight tilt is what you are paying up for.
Volume is moderate rather than heavy, so spreads deserve a look and limit orders do more work here than in the largest sector funds.
One cyclical sector, about 50 stocks. Income arrives quarterly, but the ride tracks how freely households are spending.

Full FDIS profile⁠

Full RSPD profile⁠

FDIS vs RSPD Holdings

How FDIS and RSPD differ

Overlap by weight

37.5%

Shared holdings make up 90.3% of RSPD and 75.1% of FDIS.

Level by level

Holdings43 in both37.5%
Sector8 Sectors97.1%
Countryby domicile98.6%
Asset classEquity100%

Sector

Sector weights in FDIS and RSPD, widest gap first
Sector	More in FDISMore in RSPD	FDIS	RSPD
Communication	RSPD +1.9 points	0.0%	1.9%
Consumer Staples	FDIS +1.2 points	1.2%	0.0%
Technology	RSPD +1.0 points	1.3%	2.3%
Industrials	FDIS +0.8 points	0.8%	0.0%
Consumer Discretionary	FDIS +0.7 points	96.4%	95.7%
Health Care	FDIS +0.1 points	0.1%	0.0%
Real Estate	FDIS +0.1 points	0.1%	0.0%
Financials	Same weight	0.1%	0.1%

Country, concentration and asset class

Country by domicile

Country weights in FDIS and RSPD, widest gap first
Country	More in FDISMore in RSPD	FDIS	RSPD
Switzerland	RSPD +1.2 points	0.9%	2.1%
Brazil	FDIS +1.2 points	1.2%	0.0%
Other countries (3)	Same weight	97.9%	97.9%

Concentration

Weight in the 10 largest Holdings

FDIS57.4%
RSPD24.7%

Securities held

FDIS239
RSPD48

Asset class

FDIS: Equity
RSPD: Equity

Holdings

Only in FDIS196
In both43
Only in RSPD5

Only in FDIS

196 securities, 27.1% of FDIS by weight

Securities Lending Cf2.26%
Royal Caribbean Cruises Ltd1.26%
Mercadolibre Inc1.18%
Carnival Corp Ltd0.62%
Sharkninja Inc0.38%
Somnigroup International Inc0.33%
Wayfair Inc0.30%
Aramark0.29%
Burlington Stores Inc0.28%
Toll Brothers Inc0.28%
Five Below Inc0.28%
Abercrombie & Fitch Co Class A0.26%
Texas Roadhouse Inc0.25%
Flutter Entertainment PLC0.24%
Brinker International Inc0.23%
Rivian Automotive Inc0.23%
Borgwarner Inc0.22%
Etsy Inc0.22%
Gamestop Corp Class A0.22%
Service Corp International Inc0.21%
Victoria's Secret & Co0.21%
Crocs Inc0.21%
Murphy Usa Inc0.20%
Carmax Inc0.20%
Norwegian Cruise Line Hlgs Ltd0.20%
Aptiv PLC0.20%
Draftkings Holdings Inc0.19%
Life Time Group Holdings Inc0.19%
Mohawk Industries Inc0.19%
Frontdoor Inc0.18%
Cheesecake Factory Inc0.18%
Macys Inc0.18%
Block H & R Inc0.18%
Adt Inc0.18%
Autoliv Inc0.18%
Hyatt Hotels Corp Class A0.18%
Lithia Motors Inc0.18%
Pool Corp0.17%
Dicks Sporting Goods Inc0.17%
Signet Jewelers Ltd (Us)0.17%
Vail Resorts Inc0.16%
Urban Outfitters0.16%
Vf Corp0.16%
Ollies Bargain Outlet Holdings0.16%
Bath & Body Works Inc0.16%
Kohls Corp0.16%
Duolingo Inc0.16%
Floor & Decor Holding Inc Class A0.16%
Churchill Downs Inc0.15%
Caesars Entertainment Inc0.15%

Only in RSPD

5 securities, 9.6% of RSPD by weight

Carnival Corp Ltd2.59%
Norwegian Cruise Line Holdings Ltd2.50%
Royal Caribbean Cruises Ltd2.44%
Aptiv PLC2.04%
Invesco Government & Agency Portfolio0.08%

Weight gaps

All 43 Holdings in both funds, largest gap first.

Holding weights in FDIS and RSPD, widest gap first
Holding	More in FDISMore in RSPD	FDIS	RSPD
Amazon.com IncAMZN	FDIS +19.18 points	21.15%	1.97%
Tesla IncTSLA	FDIS +14.79 points	17.03%	2.24%
Home Depot IncHD	FDIS +2.77 points	4.93%	2.16%
Hasbro IncHAS	RSPD +2.42 points	0.32%	2.74%
Ralph Lauren CorpRL	RSPD +2.13 points	0.30%	2.43%
Lululemon Athletica IncLULU	RSPD +2.02 points	0.22%	2.24%
Ulta Beauty IncULTA	RSPD +1.93 points	0.51%	2.44%
Best Buy Co IncBBY	RSPD +1.92 points	0.40%	2.32%
Deckers Outdoor CorpDECK	RSPD +1.87 points	0.23%	2.10%
Lennar Corp Class ALEN	RSPD +1.83 points	0.33%	2.16%
Williams-Sonoma IncWSM	RSPD +1.78 points	0.55%	2.33%
Dominos Pizza IncDPZ	RSPD +1.77 points	0.20%	1.98%
Pultegroup IncPHM	RSPD +1.71 points	0.42%	2.13%
Tapestry IncTPR	RSPD +1.70 points	0.41%	2.11%
Darden Restaurants IncDRI	RSPD +1.69 points	0.45%	2.14%
Nvr IncNVR	RSPD +1.69 points	0.30%	1.99%
Tractor Supply Co.TSCO	RSPD +1.69 points	0.33%	2.02%
Ebay IncEBAY	RSPD +1.59 points	0.80%	2.39%
Expedia IncEXPE	RSPD +1.54 points	0.57%	2.11%
Wynn Resorts LtdWYNN	RSPD +1.55 points	0.13%	1.68%
Las Vegas Sands CorpLVS	RSPD +1.53 points	0.21%	1.74%
Dr Horton IncDHI	RSPD +1.52 points	0.63%	2.15%
Genuine Parts CoGPC	RSPD +1.50 points	0.34%	1.84%
Yum Brands IncYUM	RSPD +1.48 points	0.69%	2.17%
Autozone IncAZO	RSPD +1.38 points	0.82%	2.20%
Nike Inc Class BNKE	RSPD +1.36 points	0.74%	2.10%
Garmin LtdGRMN	RSPD +1.35 points	0.75%	2.10%
Mgm Resorts InternationalMGM	RSPD +1.32 points	0.13%	1.45%
Carvana Co Class ACVNA	RSPD +1.17 points	0.73%	1.90%
Chipotle Mexican Grill IncCMG	RSPD +1.10 points	0.67%	1.77%
Ford Motor CoF	RSPD +1.10 points	0.77%	1.87%
Hilton Worldwide Holdings IncHLT	RSPD +1.08 points	1.29%	2.37%
Marriott International Inc AMAR	RSPD +1.05 points	1.40%	2.45%
Ross Stores IncROST	RSPD +0.92 points	1.18%	2.10%
O'reilly Automotive IncORLY	RSPD +0.92 points	1.16%	2.08%
Airbnb Inc Class AABNB	RSPD +0.88 points	1.12%	2.00%
General Motors CoGM	RSPD +0.84 points	1.25%	2.09%
Doordash IncDASH	RSPD +0.79 points	1.06%	1.85%
Mcdonalds CorpMCD	FDIS +0.71 points	2.78%	2.07%
Lowes Cos IncLOW	RSPD +0.34 points	1.78%	2.12%
Starbucks CorpSBUX	RSPD +0.30 points	1.85%	2.15%
Tjx Companies Inc NewTJX	FDIS +0.11 points	2.39%	2.28%
The Booking Holdings IncBKNG	FDIS +0.03 points	1.80%	1.77%

All 274 FDIS holdings⁠All 48 RSPD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FDIS vs RSPD Cost

Overpaying RSPD vs FDIS

$6,317

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FDIS 0.084%
$1,773
RSPD 0.40%
$8,090

Amount$10,000

Years30 years

Cost over time

FDIS 0.084%
RSPD 0.40%
Overpaying

Year by year

Year	FDIS	RSPD	Overpaying
10	$154	$723	$569
20	$603	$2,793	$2,190
30	$1,773	$8,090	$6,317

Expense ratio

0.08%FDIS, cheaper
0.40%RSPD

FDIS0.08%RSPD0.40%

0.08%0.60%

Middle half of Consumer Discretionary (Broad) funds
Median 0.35%

FDIS 2nd cheapest of 14 funds

RSPD 12th cheapest of 14 funds

FDIS vs RSPD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FDIS 0.77%; RSPD 0.92%, better
Payout (12M): FDIS $0.78; RSPD $0.51
Last payment: FDIS $0.20; RSPD $0.13
Ex-dividend: FDIS Sep 18, 2026; RSPD Sep 21, 2026
Paid on: FDIS Sep 22, 2026; RSPD Sep 25, 2026
Frequency: FDIS Quarterly; RSPD Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FDISQuarterly · 39 paymentsAll FDIS payments⁠

RSPDQuarterly · 39 paymentsAll RSPD payments⁠

FDIS vs RSPD Risk

Fall from peak · 5 years

FDIS
RSPD

Risk facts

VolatilityStd dev, 3 years: FDIS 18.2%RSPD 16.7%, better
Return per unit of riskSharpe ratio, 3 years: FDIS 0.65, betterRSPD 0.58
Worst fallMax drawdown, 5 years: FDIS −39.2%RSPD −34.4%, better
Market sensitivityBeta, 5 years: FDIS 1.26RSPD 1.12; Market = 1

FDIS and RSPD in the news

All news⁠

Deep Dive
Amazon and Tesla are 41.6% of consumer discretionary ETF XLY
Oct 28, 2026FDISRSPD

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FDIS vs RSPD

In short

Stated mandate

Why people hold it

Worth knowing

How FDIS and RSPD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FDIS

Only in RSPD

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Amazon and Tesla are 41.6% of consumer discretionary ETF XLY

How FDIS and RSPD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FDIS

Only in RSPD

Weight gaps