The Fidelity MSCI Consumer Discretionary Index ETF (FDIS 0.62%) offers broader diversification across hundreds of holdings, while the State Street Consumer Discretionary Select Sector SPDR ETF (XLY 0.71%) provides concentrated exposure to large-cap leaders.
These funds target the consumer cyclical sector, capturing companies that rely on discretionary spending and economic strength. While the Fidelity fund tracks a broader index that includes hundreds of smaller firms, the State Street fund focuses exclusively on large-cap leaders in the S&P 500. Investors may choose based on their preference for broad market representation versus blue chip concentration.
Snapshot (cost & size)
MetricXLYFDISIssuerSPDRFidelityExpense ratio0.08%0.08%1-yr return (as of 2026-05-27)13.00%12.70%Dividend yield0.70%0.70%Beta1.221.25AUM$22.8 billion$1.8 billion
Beta measures price volatility relative to the S&P 500;…
