From Nasdaq: 2024-05-15 06:20:06

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is a passively managed ETF offering exposure to the Consumer Discretionary sector. With assets over $1.42 billion and an expense ratio of 0.08%, FDIS tracks the MSCI USA IMI Consumer Discretionary Index and has a 12-month trailing dividend yield of 0.76%.

The top holdings of FDIS include Amazon, Tesla, and Home Depot, with Amazon accounting for about 22.92% of total assets. The ETF has a diverse portfolio of about 286 holdings in the Consumer Discretionary sector and has generated a return of 2.41% this year.

Investors seeking exposure to the Consumer Discretionary ETFs area may also consider alternatives like Vanguard Consumer Discretionary ETF (VCR) and Consumer Discretionary Select Sector SPDR ETF (XLY). With a Zacks ETF Rank of 3 (Hold), FDIS is a viable option for those looking to invest in this sector.



Read more at Nasdaq: Should You Invest in the Fidelity MSCI Consumer Discretionary Index ETF (FDIS)?