FIDU vs IYJ: Grades, Fees and Holdings Compared

Fidelity MSCI Industrials Index ETF

FIDUANYSE Arca

iShares U.S. Industrials ETF

IYJCCboe

Overlap

65.3%by weight

Expense ratio

FIDU −0.29pt a year

FIDU0.08%IYJ0.37%

Avg volume · 30D

FIDU 1.3×the volume

FIDU167KIYJ127K

10Y return · a year

FIDU +1.2pt

FIDU+13.4%IYJ+12.2%

FIDU vs IYJ Performance

Oct 29, 2021 – Oct 30, 2026

+71.0%FIDU+49.4%IYJ

Expense ratio: FIDU 0.08%, better; IYJ 0.37%
Fund size: FIDU $2.32B; IYJ $1.82B
1Y total return: FIDU +7.8%; IYJ +9.0%, better
Yield (12M): FIDU 0.93%, better; IYJ 0.67%
Holdings: FIDU 364; IYJ 217
Avg volume (30D): FIDU 167K sh, better; IYJ 127K sh
NAV per share: FIDU $88.69; IYJ $158.53
52W range

ETF.net Grade

Pillar letters and Scores for FIDU, IYJ, with each pillar’s weight
Pillar	FIDU	IYJ
Cost30% weight	A90Higher	C41
Mission25% weight	Not scored	Not scored
Risk15% weight	B60Higher	C54
Tradability15% weight	B63	A71Higher
Holdings10% weight	B64Higher	C46
Durability5% weight	B57	B66Higher

Rank among Industrials (Broad) funds

How we build Categories ›

Same Category. FIDU and IYJ are both graded against the same 10 Industrials (Broad) funds, so their Grades compare head to head.

Industrials (Broad)⁠

Category · 10 funds

See all 10 ›

FIDU ranks 2nd and IYJ 4th of 10 funds in the Industrials (Broad) Category.

Rank 1AXLIState Street Industrial Select Sector SPDR ETFScore 79
Rank 2AFIDUFidelity MSCI Industrials Index ETFScore 72
Rank 3BVISVanguard Industrials ETFScore 64
Rank 4CEXIiShares Global Industrials ETFScore 52
Rank 4CIYJiShares U.S. Industrials ETFScore 52
Rank 6CPSCIInvesco S&P SmallCap Industrials ETFScore 49

Our read on each fund

ETF.net Research

FIDUAFidelity MSCI Industrials Index ETF

IYJCiShares U.S. Industrials ETF

In short

FIDU Industrials from the whole US market, not just the S&P 500 slice. Roughly 400 large, mid and small cap names for 0.08% a year, which ties for the lowest fee among broad industrials funds.

IYJ Industrials with a wider net: roughly 200 construction, manufacturing and transport names drawn from the Russell 1000, not just the S&P 500 blue chips. An iShares original, trading since 2000.

Stated mandate

FIDU The fund seeks investment returns that generally correspond, before fees and expenses, to the performance of the MSCI USA IMI Industrials Index.

IYJ The fund seeks to track an index of U.S. industrial-sector equities, providing diversified access to companies involved in construction, manufacturing, and transportation.

Why people hold it

FIDU 0.08% a year against a peer-group median of 0.38%. Nothing in the broad industrials cohort charges less, and the equal-weight and small-cap alternatives cost multiples of it.
Tracks an MSCI USA IMI index, the family built to cover large, mid and small caps and about 99% of US free-float market value. That reach shows up as roughly 400 holdings.msci.com
XLI, the category heavyweight, holds only the industrials inside the S&P 500. FIDU adds the mid and small cap machinery, logistics and services names that stop at that line.ssga.com msci.com
Live since 2013 and now a multi-billion-dollar fund that pays quarterly. It sits in the upper half of its industrials peer group.

IYJ Casts a wider net than S&P 500 sector funds: roughly 200 holdings pulled from the Russell 1000 industrials, so mid-cap machinery, transport and services names make the cut.blackrock.com ssga.com
The index is a capped build, trimming outsized single-stock weights at rebalance to stay inside fund diversification limits. One mega-cap industrial can't quietly take over.lseg.com
Listed since June 2000 and now a multi-billion-dollar fund that pays quarterly. Long operating history through several industrial cycles, run by the biggest ETF shop around.

Worth knowing

FIDU One sector, so it rises and falls with the industrial cycle: aerospace, machinery, freight, building. It is a slice of the economy, not a substitute for a total-market fund.
Moderately traded rather than a volume leader like XLI or VIS. Spreads can be wider, which matters more on big or hurried orders than on steady small ones.
The small and mid cap tail comes with the broader index, so returns will drift from S&P 500-only industrials funds in both directions.msci.com ssga.com

IYJ Breadth costs: 0.37% sits near the industrials category median, but plain-vanilla rivals XLI (0.08%), FIDU (0.084%) and VIS (0.09%) charge a fraction of it.
Still market-cap weighted under the caps, so the largest industrials set the tone while the long tail of mid caps carries small weights.blackrock.com
One sector, one cycle: construction, manufacturing and transportation earnings swing with the economy, so this moves on industrial news, not the whole market's.

Full FIDU profile⁠

Full IYJ profile⁠

FIDU vs IYJ Holdings

How FIDU and IYJ differ

Overlap by weight

65.3%

Shared holdings make up 80.9% of FIDU and 65.4% of IYJ.

Level by level

Sector17 Sectors0.7%
Holdings154 in both65.3%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in FIDU and IYJ, widest gap first
Sector	More in FIDUMore in IYJ	FIDU	IYJ
Industrials	FIDU +92.0 points	92.0%	0.0%
Capital Goods	IYJ +55.5 points	0.0%	55.5%
Financials	IYJ +21.4 points	0.2%	21.6%
Transportation	IYJ +8.3 points	0.0%	8.3%
Technology	FIDU +6.4 points	6.4%	0.0%
Commercial & Professional Services	IYJ +5.1 points	0.0%	5.1%
Materials	IYJ +4.4 points	0.5%	4.9%
Software & Services	IYJ +2.2 points	0.0%	2.2%
Tech Hardware & Equip	IYJ +1.6 points	0.0%	1.6%
Consumer Discretionary	FIDU +0.8 points	0.8%	0.0%
Pharma, Biotech & Life Sciences	IYJ +0.4 points	0.0%	0.4%
Semiconductors & Semiconductor Equipment	IYJ +0.2 points	0.0%	0.2%
Consumer Durables	IYJ +0.1 points	0.0%	0.1%
Utilities	FIDU +0.1 points	0.1%	0.0%
Consumer Services	IYJ +0.1 points	0.0%	0.1%
Health Care	Same weight	0.0%	0.0%
Communication	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in FIDU and IYJ, widest gap first
Country	More in FIDUMore in IYJ	FIDU	IYJ
Canada	FIDU +0.7 points	0.7%	0.0%
Other countries (5)	IYJ +0.7 points	99.3%	100.0%

Concentration

Weight in the 10 largest Holdings

FIDU30.1%
IYJ36.5%

Securities held

FIDU361
IYJ214

Asset class

FIDU: Equity
IYJ: Equity

Holdings

Only in FIDU207
In both154
Only in IYJ60

Only in FIDU

207 securities, 20.9% of FIDU by weight

Eaton Corp PLC2.29%
Securities Lending Cf1.84%
Uber Technologies Inc1.75%
Johnson Controls Internatl PLC1.44%
Waste Management Inc1.39%
Fastenal Co0.90%
Republic Services Inc0.71%
Waste Connections Inc (Us)0.69%
Copart Inc0.38%
Broadridge Financial Sol0.31%
SS&C Technologies Holdings Inc0.25%
Leidos Holdings Inc0.25%
Allegion PLC0.24%
Clean Harbors Inc0.23%
Caci International Inc0.22%
Carpenter Technology Corp0.22%
Rbc Bearings Inc0.21%
Delta Air Inc0.20%
Nextpower Inc0.18%
Mueller Industries Inc0.18%
State Street 60 Day Money Mark0.16%
Pentair PLC0.16%
Paycom Software Inc0.16%
Moog Inc Class A0.15%
Rollins Inc0.15%
Cnh Industrial NV A0.15%
United Airlines Holdings Inc0.13%
Timken Co0.11%
Federal Signal Corp0.10%
Zurn Elkay Water Solutions Cor0.10%
Terex Corp0.10%
Science Applicatns Intl Corp0.10%
Esco Technologies Inc0.09%
Fluor Corp0.09%
Enersys Inc0.09%
Lyft Inc0.09%
Gatx Corp0.09%
Hexcel Corporation0.09%
Enpro Inc0.09%
Jbt Marel Corp0.09%
Casella Waste Sys Inc Class A0.08%
Mobility Global Inc0.08%
Herc Holdings Inc0.08%
Granite Construction Inc0.08%
U-Haul Holding Co0.08%
Kbr Inc0.07%
Xometry Inc0.07%
Fortune Brands Innovations Inc0.07%
Argan Inc0.07%
Ufp Industries Inc0.07%

Only in IYJ

60 securities, 34.5% of IYJ by weight

Visa Class A8.58%
Mastercard Class A6.30%
American Express2.05%
Accenture PLC Class A1.94%
Eaton PLC1.76%
Capital One Financial Corp1.51%
Johnson Controls International PLC1.10%
Sherwin Williams0.93%
Crh Public Limited PLC0.74%
Keysight Technologies0.64%
PayPal Holdings0.59%
Block Class A0.49%
Vulcan Materials0.45%
Mettler Toledo0.41%
Martin Marietta Materials0.39%
Teledyne Technologies0.37%
Ppg Industries0.33%
Fiserv Inc0.32%
Corpay0.31%
Dow0.31%
Synchrony Financial0.30%
Smurfit Westrock PLC0.28%
Packaging Corp of America0.27%
Global Payments Inc0.27%
Amcor PLC0.27%
Affirm Holdings Class A0.25%
Fidelity National Information Serv0.24%
Ball Corp0.22%
Zebra Technologies Corp Class A0.21%
Allegion PLC0.19%
Trimble Inc0.18%
Mks0.17%
Rpm International Inc0.16%
Crown Holdings Inc0.16%
Jack Henry and Associates Inc0.14%
Pentair0.13%
Cnh Industrial N.v.0.13%
Littelfuse0.12%
Cognex0.11%
Aptargroup0.11%
Mohawk Industries0.09%
Ralliant0.09%
Axalta Coating Systems0.09%
James Hardie Industries PLC0.09%
Wex0.07%
Aurora Innovation Class A0.07%
Eagle Materials Inc0.07%
Adt Inc0.06%
Fortune Brands Innovations0.06%
Vontier0.06%

Weight gaps

The 100 widest of 154 Holdings in both funds.

Holding weights in FIDU and IYJ, widest gap first
Holding	More in FIDUMore in IYJ	FIDU	IYJ
Ge AerospaceGE	FIDU +1.05 points	4.86%	3.81%
Caterpillar IncCAT	FIDU +1.00 points	4.46%	3.46%
Ge Vernova IncGEV	FIDU +0.75 points	3.57%	2.82%
Rtx CorpRTX	FIDU +0.72 points	4.02%	3.30%
Union Pacific CorpUNP	FIDU +0.47 points	2.68%	2.21%
Lockheed Martin CorpLMT	FIDU +0.42 points	2.00%	1.58%
Parker Hannifin CorpPH	FIDU +0.36 points	1.75%	1.39%
Deere & CoDE	FIDU +0.36 points	2.40%	2.04%
Boeing CoBA	FIDU +0.33 points	1.93%	1.60%
Trane Technologies PLCTT	FIDU +0.32 points	1.43%	1.11%
Emerson Electric CoEMR	FIDU +0.30 points	1.43%	1.13%
Quanta Svcs IncPWR	FIDU +0.30 points	1.43%	1.13%
3M CoMMM	FIDU +0.28 points	1.38%	1.10%
Csx CorpCSX	FIDU +0.27 points	1.45%	1.18%
Automatic Data Processing IncADP	FIDU +0.27 points	1.71%	1.44%
Howmet Aerospace IncHWM	FIDU +0.26 points	1.23%	0.97%
Vertiv Holdings CoVRT	FIDU +0.25 points	1.34%	1.09%
United Rentals IncURI	FIDU +0.23 points	1.12%	0.89%
Cummins IncCMI	FIDU +0.23 points	1.07%	0.84%
Northrop Grumman CorpNOC	FIDU +0.23 points	1.14%	0.91%
United Parcel Service Inc Class BUPS	FIDU +0.21 points	1.20%	0.99%
Bloom Energy Corp Class ABE	FIDU +0.21 points	0.90%	0.69%
Norfolk Southern CorpNSC	FIDU +0.21 points	1.15%	0.94%
Honeywell Intl IncHON	FIDU +0.20 points	1.05%	0.85%
Transdigm Group IncTDG	FIDU +0.19 points	0.98%	0.79%
Cintas CorpCTAS	FIDU +0.19 points	1.11%	0.92%
Ametek Inc NewAME	FIDU +0.19 points	0.86%	0.67%
Ww Grainger IncGWW	FIDU +0.18 points	0.90%	0.72%
Comfort Systems Usa IncFIX	FIDU +0.17 points	0.70%	0.53%
Illinois Tool Works IncITW	FIDU +0.17 points	1.15%	0.98%
Fedex CorpFDX	FIDU +0.17 points	1.01%	0.84%
Paccar IncPCAR	FIDU +0.17 points	0.81%	0.64%
Honeywell Aerospace IncHONA	FIDU +0.16 points	0.76%	0.60%
Rockwell Automation IncROK	FIDU +0.15 points	0.75%	0.60%
Westinghouse Air Brake Tec CrpWAB	FIDU +0.15 points	0.72%	0.58%
L3HARRIS Technologies IncLHX	FIDU +0.15 points	0.78%	0.63%
Ferguson Enterprises IncFERG	FIDU +0.14 points	0.70%	0.56%
General Dynamics CorporationGD	FIDU +0.11 points	1.28%	1.17%
Carrier Global CorpCARR	FIDU +0.11 points	0.62%	0.51%
Rocket Lab CorpRKLB	FIDU +0.11 points	0.48%	0.37%
Axon Enterprise IncAXON	FIDU +0.10 points	0.50%	0.40%
Sunbelt Rentals Holdings IncSUNB	FIDU +0.10 points	0.52%	0.42%
Emcor Group IncEME	FIDU +0.09 points	0.46%	0.37%
Old Dominion Freight Lines IncODFL	FIDU +0.09 points	0.48%	0.39%
Nvent Electric PLCNVT	FIDU +0.08 points	0.33%	0.25%
Ingersoll Rand IncIR	FIDU +0.09 points	0.47%	0.38%
Dover CorpDOV	FIDU +0.08 points	0.42%	0.34%
Paychex IncPAYX	FIDU +0.08 points	0.52%	0.44%
Ati IncATI	FIDU +0.08 points	0.35%	0.27%
Hubbell IncHUBB	FIDU +0.08 points	0.35%	0.27%
Otis Worldwide CorpOTIS	FIDU +0.07 points	0.43%	0.36%
Expeditors Intl of Wash IncEXPD	FIDU +0.07 points	0.39%	0.32%
Wesco International IncWCC	FIDU +0.07 points	0.27%	0.20%
Kirby CorpKEX	IYJ +0.06 points	0.03%	0.09%
Ftai Aviation LtdFTAI	FIDU +0.06 points	0.29%	0.23%
Curtiss Wright CorporationCW	FIDU +0.06 points	0.27%	0.21%
Woodward IncWWD	FIDU +0.06 points	0.28%	0.22%
Verisk Analytics IncVRSK	FIDU +0.06 points	0.37%	0.31%
Xylem IncXYL	FIDU +0.06 points	0.32%	0.26%
Heico Corp Class AHEI.A	FIDU +0.06 points	0.28%	0.22%
Snap-On IncorporatedSNA	FIDU +0.06 points	0.28%	0.22%
Equifax IncEFX	FIDU +0.06 points	0.32%	0.26%
Itt IncITT	FIDU +0.05 points	0.27%	0.22%
Idex CorporationIEX	FIDU +0.06 points	0.27%	0.21%
Nordson CorpNDSN	FIDU +0.05 points	0.26%	0.21%
Stanley Black & Decker IncSWK	FIDU +0.05 points	0.24%	0.19%
Dupont De Nemours IncDD	FIDU +0.05 points	0.28%	0.23%
Veralto CorpVLTO	FIDU +0.05 points	0.38%	0.33%
Xpo IncXPO	FIDU +0.05 points	0.31%	0.26%
Jacobs Solutions IncJ	FIDU +0.05 points	0.27%	0.22%
Masco CorporationMAS	FIDU +0.05 points	0.24%	0.19%
Lincoln Electric Hldgs IncLECO	FIDU +0.05 points	0.23%	0.18%
Textron IncTXT	FIDU +0.05 points	0.23%	0.18%
Ch Robinson Worldwide IncCHRW	FIDU +0.05 points	0.23%	0.18%
Carlisle Cos IncCSL	FIDU +0.04 points	0.22%	0.18%
Bwx Technologies IncBWXT	FIDU +0.04 points	0.19%	0.15%
Heico CorpHEI	FIDU +0.04 points	0.21%	0.17%
Sterling Infrastructure IncSTRL	FIDU +0.04 points	0.17%	0.13%
Hunt J B Transport Services InJBHT	FIDU +0.04 points	0.24%	0.20%
Generac Holdings IncGNRC	FIDU +0.04 points	0.18%	0.14%
TransunionTRU	FIDU +0.04 points	0.22%	0.18%
Applied Industrial Tech IncAIT	FIDU +0.04 points	0.17%	0.13%
Huntington Ingalls Industr IncHII	FIDU +0.04 points	0.19%	0.15%
Fortive CorpFTV	FIDU +0.04 points	0.28%	0.24%
Graco IncGGG	FIDU +0.04 points	0.17%	0.13%
Lennox International IncLII	FIDU +0.03 points	0.16%	0.13%
Donaldson Co IncDCI	FIDU +0.03 points	0.15%	0.12%
Flowserve CorpFLS	FIDU +0.03 points	0.15%	0.12%
Qxo IncQXO	FIDU +0.03 points	0.16%	0.13%
Watsco IncWSO	FIDU +0.03 points	0.16%	0.13%
Kratos Defense & Sec Soltn IncKTOS	FIDU +0.03 points	0.12%	0.09%
Toro CoTTC	FIDU +0.03 points	0.15%	0.12%
Owens Corning IncOC	FIDU +0.03 points	0.15%	0.12%
Valmont Industries IncVMI	FIDU +0.03 points	0.13%	0.10%
Allison Transmission Hldgs IncALSN	FIDU +0.03 points	0.14%	0.11%
Regal Rexnord CorpRRX	FIDU +0.02 points	0.15%	0.13%
Knight-Swift Transportation HoKNX	FIDU +0.02 points	0.14%	0.12%
Fedex Freight Holding Co IncFDXF	IYJ +0.03 points	0.18%	0.21%
Gates Industrial Corp LtdGTES	FIDU +0.03 points	0.10%	0.07%
Api Group CorpAPG	FIDU +0.02 points	0.23%	0.21%

All 369 FIDU holdings⁠All 214 IYJ 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.

FIDU vs IYJ Cost

Overpaying IYJ vs FIDU

$5,740

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

FIDU 0.084%
$1,773
IYJ 0.37%
$7,513

Amount$10,000

Years30 years

Cost over time

FIDU 0.084%
IYJ 0.37%
Overpaying

Year by year

Year	FIDU	IYJ	Overpaying
10	$154	$670	$516
20	$603	$2,590	$1,987
30	$1,773	$7,513	$5,740

Expense ratio

0.08%FIDU, cheaper
0.37%IYJ

FIDU0.08%IYJ0.37%

0.08%0.60%

Middle half of Industrials (Broad) funds
Median 0.33%

FIDU 2nd cheapest of 10 funds

IYJ 6th cheapest of 10 funds

FIDU vs IYJ Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FIDU 0.93%, better; IYJ 0.67%
Payout (12M): FIDU $0.83; IYJ $1.06
Last payment: FIDU $0.21; IYJ $0.30
Ex-dividend: FIDU Sep 18, 2026; IYJ Sep 15, 2026
Paid on: FIDU Sep 22, 2026; IYJ Sep 18, 2026
Frequency: FIDU Quarterly; IYJ Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FIDUQuarterly · 41 paymentsAll FIDU payments⁠

IYJQuarterly · 39 paymentsAll IYJ payments⁠

FIDU vs IYJ Risk

Fall from peak · 5 years

FIDU
IYJ

Risk facts

VolatilityStd dev, 3 years: FIDU 16.9%IYJ 15.3%, better
Return per unit of riskSharpe ratio, 3 years: FIDU 0.95, betterIYJ 0.92
Worst fallMax drawdown, 5 years: FIDU −22.9%, betterIYJ −26.0%
Market sensitivityBeta, 5 years: FIDU 1.04IYJ 1.01; Market = 1

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