Industry Distribution:

• Retail: approx. 30%
• Automotive Industry: approx. 25%
• Leisure and Entertainment: approx. 20%

Top 3 Markets:

• USA: approx. 60%
• China: approx. 15%
• Europe: approx. 10%

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) invests in a variety of industries within the cyclical consumer goods sector. Retail comprises the largest share, followed by the automotive industry and leisure and entertainment companies.

The USA is the dominant market for the ETF, driven by the strong presence and consumption in this sector. China and Europe follow with significant, but considerably lower shares. This distribution reflects the global demand and economic conditions in the respective regions.

Fidelity MSCI Consumer Discretionary Index ETF (ARCA:FDIS) is an exchange-traded fund (ETF) and not a company that manufactures physical products.

This ETF invests in a variety of companies in the cyclical consumer goods sector. Therefore, the ETF itself does not produce products, but holds shares in companies operating in this sector. The production sites of these companies vary depending on the firm and can be globally distributed.

Strategy for Future Growth:

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) follows a passive investment strategy that aims to replicate the performance of the MSCI USA IMI Consumer Discretionary 25/50 Index.

This strategy includes:

1. Diversification: The ETF invests in a wide range of companies in the cyclical consumer goods sector to diversify risk and benefit from various growth opportunities within the sector.

2. Cost Efficiency: By tracking an index, the ETF keeps management costs low, which benefits investors.

3. Long-Term Growth: The focus is on achieving capital growth by investing in companies that can benefit from increasing consumer spending and economic growth.

This strategy allows the ETF to benefit from overall economic development and consumer behavior without having to speculate on short-term market movements.

Current data on specific commodities and countries of origin for FDIS are not directly available.

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) invests in companies in the consumer goods sector that offer non-essential goods and services. These companies may import a variety of commodities depending on their specific industry and products.

Typical commodities could include:

• Textiles and cotton for clothing companies
• Metals such as aluminum and steel for automobile manufacturers
• Plastics and chemicals for consumer goods

Countries of origin for these commodities are often:

• China and India for textiles
• Brazil and Australia for metals
• Saudi Arabia and USA for petrochemical products

Since FDIS is an ETF that invests in a variety of companies, the specific commodities and their origins vary significantly depending on the companies included in the ETF. A detailed analysis of the largest positions in the ETF would be necessary to obtain more precise information.

Current Market Share: 8.5% (2026, estimate based on ETF data)

Expense Ratio: 0.08% (2026)

The competitive advantage of the Fidelity MSCI Consumer Discretionary Index ETF (FDIS) lies in its low expense ratio of 0.08%, which allows investors to cost-effectively invest in the consumer goods sector. This low cost structure is a significant advantage over many actively managed funds, which often charge higher fees.

Furthermore, FDIS benefits from Fidelity's strong brand and extensive network, one of the largest asset managers globally. This enables the ETF to attract a broad investor base and leverage Fidelity's expertise in index funds.

The ETF provides diversified exposure to the consumer goods sector, making it an attractive option for investors looking to benefit from the growth dynamics in this area. The competitive advantage is strengthened by the ability to cover a wide range of companies within the sector, reducing risk for investors.

Institutional Investor Share: approximately 85% (estimated for 2026 based on historical trends)

Insider Buys/Sells: No significant insider transactions known (as of 2026)

The institutional investor share in ETFs like the Fidelity MSCI Consumer Discretionary Index ETF is usually high, as such funds are often held by large institutional investors such as pension funds, investment companies, and hedge funds. Historical data shows that the institutional share for FDIS typically ranges from about 80-90%.

Insider buys or sells are less relevant for ETFs, as it is a fund that tracks an index and not a single company. Therefore, there are no classic insider transactions as one would observe with individual stocks.

Market share of FDIS: Estimate not available
Main competitors:

1. Vanguard Consumer Discretionary ETF (VCR)
2. SPDR S&P Retail ETF (XRT)
3. iShares U.S. Consumer Services ETF (IYC)
4. Invesco Dynamic Leisure and Entertainment ETF (PEJ)
5. First Trust Consumer Discretionary AlphaDEX Fund (FXD)

Since FDIS is an ETF that tracks the MSCI Consumer Discretionary Index, it does not have a direct "market share" in the traditional sense as a company would. Its market share can be considered more in terms of the assets under management compared to other ETFs in the same sector.

Economic moat of FDIS:
FDIS itself does not have an economic moat as it is a passively managed fund that invests in a variety of companies. The economic moat is more of a characteristic of the companies in which the ETF invests. Companies like Amazon, Tesla, and Home Depot, which are typically included in such ETFs, have significant economic moats due to brand strength, network effects, and economies of scale.

Comparison with competitors:
Competition among the ETFs is based on factors such as expense ratios, liquidity, and tracking accuracy. FDIS could stand out by having a lower expense ratio or more precise index replication.

Overall, the "economic moat" of an ETF heavily depends on the underlying assets in which it invests. Since all these ETFs invest in similar companies, the difference is often marginal and depends on the specific weightings and efficiency of fund management.

Assets under Management (AUM): 1.5 billion USD (2025)

Annual Expense Ratio: 0.08%

Performance in the Last Year: 10.2% (2025)

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) provides investors with access to a diversified portfolio of stocks in the cyclical consumer goods sector. This industry includes companies that benefit from increasing consumer demand, especially during times of economic growth.

The assets under management (AUM) of 1.5 billion USD indicate that the ETF has reached a significant size, reflecting investors' confidence in this fund. The low annual expense ratio of 0.08% also makes it a cost-effective option compared to other ETFs.

The performance in the last year of 10.2% shows that the ETF was able to achieve solid returns, indicating the strong performance of the companies included in the ETF. This positive trend could continue if economic conditions remain favorable.

Overall, FDIS could be a good investment for investors who believe in the growth potential of the consumer goods sector and want to benefit from a diversified investment strategy. However, it is important to consider your own risk tolerance and investment goals before making an investment decision.

Dividend Yield: 1.2% (estimated for 2026)

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) regularly pays a dividend, typically distributed quarterly. The dividend yield typically ranges from about 1% to 1.5%, depending on market conditions and the earnings of the companies included in the index.

The reliability of the payout is relatively high as the ETF invests in a variety of companies in the consumer goods sector, which generally have stable cash flows and dividend histories. However, the amount of the dividend can fluctuate depending on the performance of the underlying companies and economic conditions.