About Fidelity MSCI Consumer Discretionary Index ETF (FDIS)

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that seeks to track the performance of the MSCI USA IMI Consumer Discretionary Index. This index is designed to capture the performance of the consumer discretionary sector of the US equity market. The consumer discretionary sector includes companies that produce goods and services that are considered non-essential, such as retail, media, travel, and leisure.

FDIS provides investors with a convenient way to gain exposure to the consumer discretionary sector without having to select individual stocks. By investing in this ETF, investors can participate in the potential growth of the consumer discretionary industry as a whole. The fund aims to achieve this by investing in a diversified portfolio of stocks that are representative of the index.