FDIS Fees and Costs — Fidelity MSCI Consumer Discretionary Index ETF
Data updated: 2026-10-13
The net expense ratio is 0.08%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $59K in broker commissions, 0.0032% of average net assets, and portfolio turnover was 5%.
FDIS Fees and Expenses
Annual operating expenses and sales charges of FDIS. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.08% |
| Fee waiver | — |
| Net expense ratio | 0.08% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
FDIS Costs Over Time
On $10,000 invested in FDIS, assuming 5% a year before costs, total costs come to $53 over 5 years, cutting the return by 0.09% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.08%) | $8 | $26 | $46 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $9 | $29 | $53 |
| Value after costs | $10,491 | $11,547 | $12,710 |
| Impact on return, per year | 0.09% | 0.09% | 0.09% |
FDIS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0032%
- Total broker commissions: $59K
- Bought from dealers (principal trades, not a cost): $585.2M
- Portfolio turnover (prospectus): 5%
FDIS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY Capital Markets, LLC | $19K | 34.52% |
| Goldman Sachs & Co. LLC | $7K | 13.13% |
| Wells Fargo Securities, LLC | $6K | 11.36% |
| RBC Capital Markets, LLC | $5K | 9.14% |
| Citigroup Global Markets Inc. | $4K | 7.55% |
| Barclays Capital Inc. | $3K | 6.03% |
| UBS Securities LLC | $3K | 5.08% |
| OPPENHEIMER & CO. INC. | $3K | 5.04% |
| BNP Paribas Securities Corp. | $2K | 4.22% |
| BofA Securities, Inc. | $2K | 3.93% |
FDIS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $511.6M | 87.41% |
| State Street Bank and Trust Company | $73.7M | 12.59% |
| BofA Securities, Inc. | $5K | 0.00% |
| Morgan Stanley & Co. LLC | $77 | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.