Fidelity MSCI Financials Index ETF
$77.57−0.25 (−0.32%)
- Expense ratio
- 0.08%
- Fund size
- $2.4B
- 1Y return
- +3.0%
- Yield · Last 12 months
- 1.66%
- Holdings
- 404
- Volume · 30D
- 0.1M sh
- NAV per share
- $79.31
- 52W range
The ETF.net FNCL Grade
Score 75 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 97Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 81Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 52Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 71Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 53Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 55Category rank
Our read on FNCL
AThe whole financial food chain in one cheap wrapper: FNCL tracks an MSCI index of about 400 US banks, insurers, exchanges and payment names for 0.08% a year.
The fund seeks to track, before fees and expenses, the performance of the MSCI USA IMI Financials Index.
Why people hold it
- Costs 0.08% a year, against a median near 0.44% for broad financials funds. That is the cheapest tier in the category, matched by XLF and undercutting VFH.
- About 400 holdings under the MSCI USA IMI Financials mandate, so the basket reaches well past the megabank tier into smaller lenders and insurers.
- Pure index plumbing: it has tracked its benchmark tightly, one of the closer fits in its peer group, and it pays out quarterly.
- Running since 2013, with a real multi-cycle record behind the ticker rather than a launch-week backtest.
Worth knowing
- This is one slice of the market. Financials live and die by rates, credit and lending cycles, so the ride is bumpier than a total-market fund.
- Volume is moderate rather than heavy. XLF trades far more actively, so limit orders matter more here, especially in fast markets.
FNCL Holdings
- Stocks
- 404
- 49%
- JPM
Sectors
- Financials97.3%
- Technology1.9%
- Real Estate0.7%
- Health Care0.1%
- Industrials0.0%
- Consumer Discr.0.0%
Geography
- United States96.42%
- Switzerland1.36%
- Bermuda0.93%
- Ireland0.68%
- United Kingdom0.34%
- Puerto Rico0.21%
- Kazakhstan0.04%
- Cayman Islands0.01%
FNCL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FNCL |
|---|---|
| Year to date | +1.5% |
| 1 month | −4.6% |
| 3 months | +2.3% |
| 1 year | +3.0% |
| 3 years | +20.2% |
| 5 years | +10.1% |
| 10 years | +12.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FNCL |
|---|---|---|
| 2026 YTD | +1.5% | |
| 2025 | +14.9% | |
| 2024 | +30.4% | |
| 2023 | +14.1% | |
| 2022 | −12.3% | |
| 2021 | +35.0% | |
| 2020 | −2.1% |
FNCL in the news
ETF.net Research hasn’t filed on FNCL yet — coverage lands here as it’s written.
FNCL Dividends
- 1.66%
- $1.29
- $0.31 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.31 |
| Jun 18, 2026 | Jun 23, 2026 | $0.31 |
| Mar 20, 2026 | Mar 24, 2026 | $0.40 |
| Dec 19, 2025 | Dec 23, 2025 | $0.27 |
| Sep 19, 2025 | Sep 23, 2025 | $0.28 |
| Jun 20, 2025 | Jun 24, 2025 | $0.28 |
| Mar 21, 2025 | Mar 25, 2025 | $0.30 |
| Dec 20, 2024 | Dec 24, 2024 | $0.27 |
| Sep 20, 2024 | Sep 24, 2024 | $0.27 |
| Jun 21, 2024 | Jun 25, 2024 | $0.25 |
| Mar 15, 2024 | Mar 20, 2024 | $0.26 |
| Dec 15, 2023 | Dec 20, 2023 | $0.23 |
FNCL Risk
- 15.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.06
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.90
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FNCL Cost
- The middle half of Financials (Broad) funds
- Median 0.37%
No Financials (Broad) fund charges less.