FNCL

Fidelity MSCI Financials Index ETF
A

81
*Unless otherwise stated, data provided by FactSet.

FNCL Fund Description

FNCL tracks a market-cap-weighted index of stocks in the broad US financials sector.

FNCL Factset Analytics Insight

FNCL competes in a crowded segment stocked with 3 highly popular and well-seasoned cap-weighted funds—XLF, VFH and IYF. Still, FNCL brings to the table an ultra-low expense ratio and commission-free trading for Fidelity brokerage and custody clients. The fund tracks an 'investable market' index from MSCI, which aims to capture 99% of the market cap of US financial firms. This provides exposure to smaller financial firms in marketlike weights, unlike XLF which leans larger. While traders will likely continue to reach for XLF for its massive liquidity, FNCL fits the market closely, and provides a cost-effective way to capture the broad financial space.Note: In September 2016, the fund sold off all of its REITs (except for mortgage REITs)—a substantial part of the portfolio. It did so to comply with a change in GICS methodology, the sector framework supporting its underlying index. It increased its allocation to remaining financial industries in accord with the revamped underlying index.

FNCL MSCI ESG Analytics Insight

Fidelity MSCI Financials Index ETF has an MSCI ESG Fund Rating of BB based on a score of 3.66 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity MSCI Financials Index ETF ranks in the 16th percentile within its peer group and in the 17th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FNCL CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FNCL 0.20% 1.16% 14.45% -1.24% 15.15% 9.96% --
FNCL (NAV) 1.49% 1.46% 15.96% -0.01% 15.61% 10.13% --
MSCI USA IMI Financials Index 1.50% 1.48% 16.04% 0.06% 15.75% 10.25% --
Thomson Reuters US Financials -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FNCL Top 10 Countries

FNCL Top 10 Sectors

FNCL Top 10 Holdings [View All]

FNCL Summary Data

FMR LLC
Fidelity
10/21/13
Open-Ended Fund
0.08%
$1.12B
$6.47M
0.05%

FNCL Portfolio Data

$136.49B
14.33
1.46
1.68%
06/21/19
407

FNCL Index Data

Market Cap
Market Cap
Thomson Reuters US Financials

FNCL Portfolio Management

0.08%
-0.07%
-0.02%
-0.14%

FNCL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FNCL Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FNCL Factset Analytics Block Liquidity

As of 06/19/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FNCL. FNCL is rated a 5 out of 5.

FNCL Tradability

163,472
$6.47M
126,252
$5.04M
0.05%
$0.02
-0.02%
0.15% / -0.17%
None
100.00%
50,000
2.53
0.08%
0.01%
154
$39.81
5

FNCL Sector/Industry Breakdown


FNCL
Segment Benchmark
49.91%
38.87%
27.41%
24.13%
16.33%
13.08%
3.16%
0.03%
1.57%
20.56%
0.04%
0.03%
0.00%
--

FNCL Countries


FNCL
Segment Benchmark
100.00%
100.00%

FNCL Regions


FNCL
Segment Benchmark
100.00%
100.00%

FNCL Economic Development


FNCL
Segment Benchmark
100.00%
100.00%

FNCL Performance Statistics

0.96
1.12
1.13
1.06
0.23%
Thomson Reuters US Financials

FNCL MSCI ESG Ratings

BB
3.66 / 10
17.17
15.66
7.12%
0.27%
25.34

FNCL BENCHMARK COMPARISON HOLDINGS

407
519
317
73.07%

FNCL BENCHMARK COMPARISON SUMMARY


FNCL
Segment Benchmark
407
519
$136.49B
$128.64B
14.33
17.01
1.46
1.59
2.20%
2.47%
Medium
Medium

FNCL BENCHMARK COMPARISON MARKET CAP SIZE


FNCL
Segment Benchmark
78.91%
75.48%
15.39%
18.77%
5.16%
5.52%
0.54%
0.23%