Fidelity MSCI Consumer Discretionary Index ETF (FDIS): Complete Beginner's Guide
Last updated: March 2026 • Fidelity • Consumer Discretionary
Expense Ratio
0.08%
AUM
$2.0B
Dividend Yield
0.80%
Inception
2013
Beginner Score
8.5/10
What is Fidelity MSCI Consumer Discretionary Index ETF?
FDIS invests in companies that sell non-essential goods and services, from online retailers to automakers and restaurant chains. Consumer discretionary stocks tend to do well when the economy is growing and people have extra money to spend. This makes FDIS a good way to bet on consumer confidence and economic expansion at a very low cost.
FDIS is managed by Fidelity and has been available since 2013. With $2.0B in assets under management, it's a growing fund that has attracted significant investor interest. The fund charges an expense ratio of 0.08%, which means for every $10,000 you invest, you pay approximately $8 per year in management fees.
FDIS at a Glance — Key Metrics
| Expense Ratio | 0.08% |
| Total Holdings | 272 |
| P/E Ratio | 27.8 |
| Beta | 1.15 |
| Dividend Yield | 0.80% |
| AUM | $2.0B |
| Inception Year | 2013 |
| Issuer | Fidelity |
Top 10 Holdings in FDIS
FDIS holds 272 different securities. Here are the largest positions that make up the core of this fund:
| # | Company | Ticker | Weight |
|---|---|---|---|
| 1 | Amazon.com Inc. | AMZN | 22.00% |
| 2 | Tesla Inc. | TSLA | 12.00% |
| 3 | Home Depot Inc. | HD | 7.00% |
| 4 | McDonald's Corp. | MCD | 4.00% |
| 5 | Booking Holdings | BKNG | 3.50% |
| 6 | Lowe's Companies | LOW | 3.00% |
| 7 | TJX Companies | TJX | 2.80% |
| 8 | Nike Inc. | NKE | 2.50% |
| 9 | Starbucks Corp. | SBUX | 2.20% |
| 10 | Chipotle Mexican Grill | CMG | 2.00% |
Recommended: This beginner-friendly ETF course on Udemy covers everything from ETF fundamentals to building a recession-proof portfolio in 7 days.
FDIS Performance History
Here's how FDIS has performed over different time periods. Remember that past performance doesn't guarantee future results, but it gives you a sense of the fund's track record:
YTD
3.00%
1 Year
18.00%
3 Year
7.00%
5 Year
13.00%
10 Year
13.00%
Beginner Suitability Score: 8.5/10
Our proprietary Beginner Suitability Score evaluates ETFs based on five factors that matter most to new investors: fees, volatility, diversification, dividend history, and track record length.
FDIS scores 8.5/10 because it has very low fees, can be more volatile than the broader market, offers broad diversification across 272 holdings, and has been available since 2013, giving it a proven track record.
How to Buy FDIS — Step by Step
- Open a brokerage account — We recommend Fidelity, Charles Schwab, or Vanguard for ETF investing. All offer $0 commissions on ETF trades.
- Fund your account — Transfer money from your bank. You can start with as little as $1 if your broker offers fractional shares.
- Search for "FDIS" — Use the search bar in your brokerage platform to find Fidelity MSCI Consumer Discretionary Index ETF.
- Place your order — Choose "Market Order" for simplicity or "Limit Order" if you want to set a specific price. Enter how many shares (or dollar amount) you want to buy.
- Set up automatic investing — Most brokers let you schedule recurring purchases (e.g., $100/month on the 1st). This is dollar cost averaging in action.
Dollar Cost Averaging Into FDIS
Here's what consistent monthly investing could look like over time, assuming an average annual return of 8% (approximate historical stock market average):
| Monthly | 10 Years | 20 Years | 30 Years |
|---|---|---|---|
| $100/mo | $18,417 | $59,295 | $150,030 |
| $250/mo | $46,041 | $148,237 | $375,074 |
| $500/mo | $92,083 | $296,474 | $750,148 |
*Projections assume 8% average annual return with monthly compounding. Actual returns will vary. Past performance doesn't guarantee future results.
Fee impact: With FDIS's expense ratio of 0.08%, a $10,000 investment would lose approximately $686 to fees over 20 years compared to a zero-fee investment. This is a reasonable fee level for the value provided.
Get the Free ETF Portfolio Blueprint
3 model portfolios for beginners — Conservative, Balanced, and Growth. See exactly which ETFs to buy.
Pros and Cons of FDIS
Pros
- ✓Rock-bottom 0.08% expense ratio makes it the cheapest consumer discretionary ETF
- ✓Strong exposure to e-commerce leaders like Amazon and innovative brands like Tesla
- ✓Cyclical sector that tends to outperform during periods of economic growth
- ✓Broad diversification across retail, automotive, restaurants, and leisure industries
Cons
- ✗Amazon and Tesla alone make up over a third of the fund, creating concentration risk
- ✗Highly sensitive to economic downturns as consumers cut discretionary spending first
- ✗Lower dividend yield compared to defensive sector funds like utilities or staples
Frequently Asked Questions
Is FDIS a good ETF for beginners?▾
FDIS has a Beginner Suitability Score of 8.5/10 on our scale. This makes it a strong choice for new investors due to its low fees and broad diversification.
What is the expense ratio of FDIS?▾
FDIS has an expense ratio of 0.08%. This means for every $10,000 you invest, you pay approximately $8 per year in fees. This is considered very low and cost-efficient.
How much money do I need to invest in FDIS?▾
You can invest in FDIS with as little as $1 through brokers that offer fractional shares (like Fidelity, Schwab, or Robinhood). There is no minimum investment required beyond the share price itself, which changes daily. Dollar cost averaging — investing a fixed amount regularly — is a popular strategy.
Does FDIS pay dividends?▾
Yes, FDIS pays dividends with a current yield of approximately 0.80%. Dividends are typically paid quarterly and can be reinvested automatically through most brokers.
What are the top holdings in FDIS?▾
The top holdings in FDIS include Amazon.com Inc. (22.00%), Tesla Inc. (12.00%), Home Depot Inc. (7.00%), and more. The fund holds 272 total positions, providing broad diversification across many companies.