FDIS Stock Summary and Trading Ideas (Fidelity MSCI Consumer Discretionary Index ETF | ARCA:FDIS)

The ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Consumer Discretionary Index.

Fidelity MSCI Consumer Discretionary Index ETF trades on the ARCA stock market under the symbol FDIS.

As of May 15, 2024, FDIS stock price declined to $80.46 with 9,409 million shares trading.

FDIS has a beta of 1.31, meaning it tends to be more sensitive to market movements. FDIS has a correlation of 0.75 to the broad based SPY ETF.

FDIS has a market cap of $1.41 billion. This is considered a Small Cap stock.

In the last 3 years, FDIS stock traded as high as $93.42 and as low as $55.35.

FDIS has underperformed the market in the last year with a price return of +25.1% while the SPY ETF gained +29.9%. FDIS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.8% and +3.1%, respectively, while the SPY returned +6.2% and +5.2%, respectively.

FDIS support price is $79.74 and resistance is $81.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FDIS stock will trade within this expected range on the day.