FDIS vs TRUD

FDISBFidelity MSCI Consumer Discretionary Index ETF

TRUDCVanEck Consumer Discretionary TruSector 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.

TRUD Active, not indexed: VanEck's TruSector line hands consumer discretionary to a manager instead of a rulebook, roughly 50 names at 0.16% a year. A 2025 launch, so the record is still short.

Stated mandate

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

TRUD The Fund is actively managed and seeks long-term capital appreciation through securities of consumer-discretionary companies or instruments providing exposure to them.

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.

• TRUD 0.16% a year for active management, well under what the typical fund in the consumer discretionary group charges.
• Actively managed for long-term capital appreciation: the team picks consumer discretionary companies, or instruments giving that exposure, rather than tracking a set index.vaneck.com
• Concentrated by design, roughly 50 US names, so individual picks carry real weight in the portfolio.
• Distributions land on a quarterly schedule.

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.

• TRUD Launched in 2025, so the history is short and risk measures rest on limited data.
• Plain index rivals cost less: XLY and FDIS at 0.08%, VCR at 0.09%. The extra fee here buys the active call.
• Smaller and less heavily traded than the category's index giants, which can mean wider spreads on large or hurried orders.

Full FDIS profile⁠

Full TRUD profile⁠