GET DAILY SIGNALSFidelity MSCI Consumer Discretionary Index ETF (FDIS): Sector Exposure in Focus
Key Takeaways
- FDIS is a passively managed index ETF tracking the MSCI USA IMI Consumer Discretionary 25/50 Index, holding roughly 250 U.S. consumer-discretionary stocks.
- The fund is heavily concentrated at the top, with Amazon (about 22%) and Tesla (about 15%) together representing more than one-third of total assets.
- A net expense ratio of 0.08% makes FDIS one of the lowest-cost vehicles for broad consumer-discretionary exposure, with assets of roughly $1.7 billion.
- Over the past 30 days the fund has gained roughly 6%, while it traded modestly lower over the trailing three months, reflecting a range-bound, rate-sensitive environment.
- Performance remains tightly linked to mega-cap internet retail, electric vehicles, home improvement, restaurants, and travel, rather than to a single sub-industry.
- For deeper analysis, explore Price Targets and a detailed Forecast on FDIS's dedicated pages.
- You can also explore Trending AI Robots to discover data-driven trading strategies across ETFs and individual stocks.
FDIS Overview and Core Holdings
FDIS seeks investment returns that correspond, before fees and expenses, to the performance of the MSCI USA IMI Consumer Discretionary 25/50 Index. The index covers the consumer-discretionary segment of the U.S. equity market, from internet and direct-marketing retail to automobiles, specialty retail, restaurants, hotels, and home improvement. The fund invests at least 80% of its assets in securities included in the underlying index.
The portfolio holds approximately 250 securities and is effectively fully allocated to consumer discretionary. Its largest positions include Amazon, Tesla, Home Depot, McDonald's, Booking Holdings, TJX Companies, Starbucks, Lowe's, DoorDash, and MercadoLibre. The top 10 names account for more than half of total assets, which amplifies the influence of a handful of mega-cap companies on fund-level returns. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Industry and Thematic Landscape
The consumer-discretionary sector is inherently cyclical and sensitive to the macro environment, because spending on non-essential goods and services tends to rise when labor markets are strong and fall when household budgets tighten. Interest rates play a central role: financing costs affect auto sales, home improvement and housing-linked purchases, and the valuation of higher-growth names that dominate the fund's top holdings. Inflation and wage trends similarly shape how much discretionary income consumers have left after essentials.
Structurally, the sector blends fast-growing digital and e-commerce platforms with mature, economically sensitive retailers. Electric-vehicle adoption, travel and leisure demand, restaurant traffic, and the health of the housing market all feed into the index. This means FDIS's fortunes are not driven by one theme but by the interplay of consumer confidence, borrowing costs, and the earnings cycles of its largest constituents.
Performance and Positioning Snapshot
FDIS has delivered a range-bound performance profile in recent months. Over the trailing 30 days the fund rose approximately 6%, while over the trailing three-month period it was modestly lower, in the low-single-digit percentage range. This pattern reflects a market that has favored selective strength in mega-cap internet retail and travel while leaving more rate-sensitive names such as home improvement and automotive retailers to consolidate.
Because Amazon and Tesla dominate the portfolio, their individual price swings disproportionately move the fund. Gains in e-commerce and cloud-adjacent consumer platforms have provided support, while volatility in electric-vehicle names and cautious commentary around durable-goods demand have acted as a partial offset. The net result has been gradual, uneven appreciation rather than a sharp trend, consistent with a market still weighing the path of interest rates against resilient consumer spending. From what I see, this setup calls for close attention to those two names.
2026 Outlook and Key Factors to Monitor
Several structural factors are likely to shape FDIS during 2026. The trajectory of interest rates and inflation will remain central, because they directly affect auto financing, housing-related spending, and the valuations of the fund's growth-oriented mega-cap holdings. Consumer confidence and labor-market conditions will determine whether discretionary spending holds up across restaurants, travel, and specialty retail.
At the holding level, the earnings cycles of Amazon and Tesla will continue to exert outsized influence, as will developments in electric-vehicle competition, advertising and e-commerce growth, and home improvement demand linked to Home Depot and Lowe's. Capital flows into consumer-discretionary ETFs, policy developments affecting trade and consumer finance, and the competitive landscape across retail and autos all represent potential catalysts and risks. Investors should monitor these themes rather than focus on short-term price moves. I’m watching this closely as rate decisions unfold.
Using Tickeron’s AI Screener for Research
Tickeron's AI Screener is an AI-powered stock and ETF discovery platform that helps investors scan thousands of securities using technical indicators, fundamentals, volatility measures, AI-generated signals, market trends, price patterns, and customizable filters. It is designed to surface trending securities, breakout candidates, and new trading opportunities more efficiently than manual screening. In my own process, I turn to it when evaluating sector exposure like this to quickly spot patterns across names that might otherwise take hours to review manually.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
FDIS's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for FDIS turned positive on October 05, 2026. Looking at past instances where FDIS's MACD turned positive, the stock continued to rise in 40 of 44 cases over the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 26, 2026. You may want to consider a long position or call options on FDIS as a result. In 66 of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 84%.
FDIS moved above its 50-day moving average on October 26, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FDIS crossed bullishly above the 50-day moving average on October 26, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 69%.
Following a +0.75% 3-day Advance, the price is estimated to grow further. Considering data from situations where FDIS advanced for three days, in 254 of 314 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
The Aroon Indicator entered an Uptrend today. In 224 of 268 cases where FDIS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 84%.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDIS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 82%.
FDIS broke above its upper Bollinger Band on November 02, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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Category ConsumerDiscretionary
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