FDISFidelity MSCI Consumer Discretionary Index ETF
FDIS Fund Description
FDIS tracks a market-cap-weighted index of stocks in the US consumer discretionary sector.
FDIS Factset Analytics Insight
FDIS delivers exposure to large-, mid- and small-cap companies in the consumer discretionary sector, tracking an index that uses GICS to define sector firms, then selecting and weighting the stocks by market cap. The index also uses a capping constraint to meet diversification requirements, such that no more than 25% of the fund’s assets may be invested in a single issuer and the aggregate weight of issuers with over 5% weight are capped at 50% of the fund’s total asset. FDIS uses a sampling strategy to track the index, which means the fund may not hold all the securities in the underlying index but hold securities that collectively provide an investment profile similar to the index. Prior to December 1, 2020, the fund tracked an uncapped version of its index.
FDIS MSCI ESG Analytics Insight
Fidelity MSCI Consumer Discretionary Index ETF has an MSCI ESG Fund Rating of A based on a score of 6.66 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity MSCI Consumer Discretionary Index ETF ranks in the 43th percentile within its peer group and in the 48th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FDIS MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FDIS Portfolio Data
FDIS Index Data
FDIS Portfolio Management
FDIS Tax Exposures
FDIS Fund Structure
FDIS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FDIS. FDIS is rated a 5 out of 5.
FDIS Sector/Industry Breakdown
FDIS Economic Development
FDIS Performance Statistics
FDIS MSCI ESG Ratings
FDIS Benchmark Comparison Summary
FDIS Benchmark Comparison Market Cap Size