State Street’s XLY and Fidelity’s FDIS track consumer discretionary sectors with identical expense ratios but differ in holdings and liquidity.
State Street’s Consumer Discretionary Select Sector SPDR ETF (XLY) and Fidelity’s MSCI Consumer Discretionary Index ETF (FDIS) both charge 0.08% expense ratios, below sector averages. The funds target consumer cyclical stocks but differ in diversification and liquidity profiles.
FDIS holds 274 stocks, including smaller firms, with top holdings Amazon (24.15%), Tesla (17.83%), and Home Depot (4.53%). XLY focuses on large-cap S&P 500 leaders, offering deeper liquidity. Both posted $0.74 trailing-12-month dividends as of May 27, 2026.
Investors may prefer FDIS for broader exposure or XLY for concentrated blue-chip bets, with identical 0.70% dividend yields.