FDIS vs XLY: Grades, Fees and Holdings Compared

Fidelity MSCI Consumer Discretionary Index ETF

FDISBNYSE Arca

State Street Consumer Discretionary Select Sector SPDR ETF

XLYANYSE Arca

Overlap

75.1%by weight

Expense ratio

FDIS0.08%XLY0.08%

Avg volume · 30D

XLY 64.4×the volume

FDIS109KXLY7.02M

10Y return · a year

FDIS +1.0pt

FDIS+13.6%XLY+12.6%

FDIS vs XLY Performance

Oct 29, 2021 – Oct 30, 2026

+19.1%FDIS+19.6%XLY

Expense ratio: FDIS 0.08%; XLY 0.08%
Fund size: FDIS $1.63B; XLY $22.5B
1Y total return: FDIS −1.7%, better; XLY −3.0%
Yield (12M): FDIS 0.77%; XLY 0.81%, better
Holdings: FDIS 242; XLY 50
Avg volume (30D): FDIS 109K sh; XLY 7.02M sh, better
NAV per share: FDIS $100.14; XLY $116.15
52W range

ETF.net Grade

Pillar letters and Scores for FDIS, XLY, with each pillar’s weight
Pillar	FDIS	XLY
Cost30% weight	A96	A96
Mission25% weight	Not scored	A81
Risk15% weight	C42	C51Higher
Tradability15% weight	B60	A100Higher
Holdings10% weight	C51Higher	D39
Durability5% weight	B58	A79Higher

Rank among Consumer Discretionary (Broad) funds

How we build Categories ›

Same Category. FDIS and XLY 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 ›

XLY ranks 1st and FDIS 2nd 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

Our read on each fund

ETF.net Research

FDISBFidelity MSCI Consumer Discretionary Index ETF

XLYAState Street Consumer Discretionary Select Sector SPDR 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.

XLY Live since 1998 as one of the original Select Sector SPDRs, XLY bundles the S&P 500's spending-money stocks (cars, couches, burgers, online carts) into one heavily traded ticker at eight basis points.

Stated mandate

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

XLY The fund seeks to track the performance of the Consumer Discretionary Select Sector Index, providing targeted exposure to companies in the consumer discretionary sector.

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.

XLY Charges 0.08% a year, a fraction of the roughly 0.35% typical for consumer discretionary funds, and tied for the cheapest in its peer group.
A multi-billion-dollar fund and one of the most actively traded in the category, which generally shows up as tight bid-ask spreads for buyers and sellers.
Plain mandate: S&P 500 consumer discretionary members, with capping rules that stop any single company from swallowing the index. Pays quarterly.spglobal.com
Trading since December 1998 as one of the first US sector funds, and it still stands among the strongest implementations in its peer 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.

XLY About 50 stocks. Even with the index caps, a small handful of megacaps drives most of the movement.spglobal.com
S&P 500 members only, so smaller retailers and restaurant chains sit outside the index entirely.spglobal.com
One sector, and a cyclical one: discretionary spending rises and falls with the economy, and the fund is classified as non-diversified.sec.gov britannica.com

Full FDIS profile⁠

Full XLY profile⁠

FDIS vs XLY Holdings

How FDIS and XLY differ

Overlap by weight

75.1%

Shared holdings make up 96.5% of XLY and 75.1% of FDIS.

Level by level

Holdings43 in both75.1%
Sector8 Sectors97.7%
Countryby domicile98.6%
Asset classEquity100%

Sector

Sector weights in FDIS and XLY, widest gap first
Sector	More in FDISMore in XLY	FDIS	XLY
Communication	XLY +1.7 points	0.0%	1.7%
Consumer Staples	FDIS +1.2 points	1.2%	0.0%
Industrials	FDIS +0.8 points	0.8%	0.0%
Consumer Discretionary	XLY +0.6 points	96.4%	97.0%
Health Care	FDIS +0.1 points	0.1%	0.0%
Real Estate	FDIS +0.1 points	0.1%	0.0%
Financials	FDIS +0.1 points	0.1%	0.0%
Technology	Same weight	1.3%	1.3%

Country, concentration and asset class

Country by domicile

Country weights in FDIS and XLY, widest gap first
Country	More in FDISMore in XLY	FDIS	XLY
Brazil	FDIS +1.2 points	1.2%	0.0%
United States	XLY +1.1 points	97.7%	98.8%
Other countries (3)	XLY +0.1 points	1.1%	1.2%

Concentration

Weight in the 10 largest Holdings

FDIS57.4%
XLY67.7%

Securities held

FDIS239
XLY48

Asset class

FDIS: Equity
XLY: Equity

Holdings

Only in FDIS196
In both43
Only in XLY5

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 XLY

5 securities, 3.4% of XLY by weight

Royal Caribbean Cruises Ltd2.02%
Carnival Corp Ltd0.96%
Aptiv PLC0.24%
Norwegian Cruise Line Holdin0.22%
Xay Cons Discret DEC26<0.01%

Weight gaps

All 43 Holdings in both funds, largest gap first.

Holding weights in FDIS and XLY, widest gap first
Holding	More in FDISMore in XLY	FDIS	XLY
Tesla IncTSLA	XLY +1.81 points	17.03%	18.84%
Tjx Companies Inc NewTJX	XLY +1.69 points	2.39%	4.08%
Mcdonalds CorpMCD	XLY +1.64 points	2.78%	4.42%
Starbucks CorpSBUX	XLY +1.29 points	1.85%	3.14%
Lowes Cos IncLOW	XLY +1.26 points	1.78%	3.04%
The Booking Holdings IncBKNG	XLY +1.15 points	1.80%	2.95%
Marriott International Inc AMAR	XLY +0.83 points	1.40%	2.23%
Hilton Worldwide Holdings IncHLT	XLY +0.81 points	1.29%	2.10%
Ross Stores IncROST	XLY +0.77 points	1.18%	1.95%
General Motors CoGM	XLY +0.71 points	1.25%	1.96%
Airbnb Inc Class AABNB	XLY +0.70 points	1.12%	1.82%
O'reilly Automotive IncORLY	XLY +0.70 points	1.16%	1.86%
Doordash IncDASH	XLY +0.70 points	1.06%	1.76%
Carvana Co Class ACVNA	XLY +0.55 points	0.73%	1.28%
Autozone IncAZO	XLY +0.52 points	0.82%	1.34%
Home Depot IncHD	XLY +0.51 points	4.93%	5.44%
Ford Motor CoF	XLY +0.49 points	0.77%	1.26%
Ebay IncEBAY	XLY +0.47 points	0.80%	1.27%
Nike Inc Class BNKE	XLY +0.47 points	0.74%	1.21%
Garmin LtdGRMN	XLY +0.46 points	0.75%	1.21%
Yum Brands IncYUM	XLY +0.41 points	0.69%	1.10%
Chipotle Mexican Grill IncCMG	XLY +0.36 points	0.67%	1.03%
Dr Horton IncDHI	XLY +0.34 points	0.63%	0.97%
Amazon.com IncAMZN	XLY +0.32 points	21.15%	21.47%
Expedia IncEXPE	XLY +0.28 points	0.57%	0.85%
Williams-Sonoma IncWSM	XLY +0.25 points	0.55%	0.80%
Ulta Beauty IncULTA	XLY +0.22 points	0.51%	0.73%
Darden Restaurants IncDRI	XLY +0.20 points	0.45%	0.65%
Tapestry IncTPR	XLY +0.20 points	0.41%	0.61%
Pultegroup IncPHM	XLY +0.19 points	0.42%	0.61%
Tractor Supply Co.TSCO	XLY +0.13 points	0.33%	0.46%
Hasbro IncHAS	XLY +0.12 points	0.32%	0.44%
Best Buy Co IncBBY	XLY +0.12 points	0.40%	0.52%
Lennar Corp Class ALEN	XLY +0.10 points	0.33%	0.43%
Genuine Parts CoGPC	XLY +0.10 points	0.34%	0.44%
Nvr IncNVR	XLY +0.10 points	0.30%	0.40%
Ralph Lauren CorpRL	XLY +0.09 points	0.30%	0.39%
Lululemon Athletica IncLULU	XLY +0.08 points	0.22%	0.30%
Dominos Pizza IncDPZ	XLY +0.06 points	0.20%	0.27%
Deckers Outdoor CorpDECK	XLY +0.06 points	0.23%	0.29%
Las Vegas Sands CorpLVS	XLY +0.04 points	0.21%	0.25%
Wynn Resorts LtdWYNN	XLY +0.01 points	0.13%	0.14%
Mgm Resorts InternationalMGM	Same weight	0.13%	0.13%

All 274 FDIS holdings⁠All 47 XLY 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 XLY Cost

Overpaying FDIS vs XLY

$84

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

FDIS 0.084%
$1,773
XLY 0.08%
$1,689

Amount$10,000

Years30 years

Cost over time

FDIS 0.084%
XLY 0.08%
Overpaying

Year by year

Year	FDIS	XLY	Overpaying
10	$154	$147	$7
20	$603	$575	$28
30	$1,773	$1,689	$84

Expense ratio

0.08%FDIS
0.08%XLY

XLY0.08%FDIS0.08%

0.08%0.60%

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

XLY cheapest of 14 funds

FDIS 2nd cheapest of 14 funds

FDIS vs XLY Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FDIS 0.77%; XLY 0.81%, better
Payout (12M): FDIS $0.78; XLY $0.93
Last payment: FDIS $0.20; XLY $0.24
Ex-dividend: FDIS Sep 18, 2026; XLY Sep 21, 2026
Paid on: FDIS Sep 22, 2026; XLY Sep 23, 2026
Frequency: FDIS Quarterly; XLY Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FDISQuarterly · 39 paymentsAll FDIS payments⁠

XLYQuarterly · 39 paymentsAll XLY payments⁠

FDIS vs XLY Risk

Fall from peak · 5 years

FDIS
XLY

Risk facts

VolatilityStd dev, 3 years: FDIS 18.2%XLY 17.7%, better
Return per unit of riskSharpe ratio, 3 years: FDIS 0.65XLY 0.67, better
Worst fallMax drawdown, 5 years: FDIS −39.2%, betterXLY −39.7%
Market sensitivityBeta, 5 years: FDIS 1.26XLY 1.22; Market = 1

FDIS and XLY in the news

All news⁠

Deep Dive
Amazon and Tesla are 41.6% of consumer discretionary ETF XLY
Oct 28, 2026FDISXLY
Top Movers
Korea funds rose 4% Monday, well ahead of Seoul
Oct 19, 2026XLY
Closing Bell
Stocks higher on narrow tech and consumer rally
Oct 19, 2026XLY
Week Ahead
Meta and Lam report Wednesday, and the AI debt question may stay open
Oct 18, 2026XLY
New ETFs
State Street's new Market Sector ETF puts ExxonMobil at 29.4%
Oct 16, 2026XLY
Closing Bell
AI stocks down, health care up, and long Treasurys rally despite inflationary pressure
Oct 15, 2026XLY

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FDIS vs XLY

In short

Stated mandate

Why people hold it