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EUFN vs FNCL

iShares MSCI Europe Financials ETF

EUFNCNasdaq

Fidelity MSCI Financials Index ETF

FNCLANYSE Arca

Overlap

Expense ratio

FNCL −0.41pt a year

EUFN0.49%FNCL0.08%

Avg volume · 30D

EUFN 13.4×the volume

EUFN1.64MFNCL123K

10Y return · a year

FNCL +0.5pt

EUFN+12.4%FNCL+12.9%

EUFN vs FNCL Performance

Oct 29, 2021 – Oct 30, 2026

+127.9%EUFN+52.4%FNCL

Oct 29, 2021 to Oct 30, 2026. EUFN +127.9%. FNCL +52.4%. Use the arrow keys to read each point.0%100%150%Oct 2021Apr 2024Oct 2026
Expense ratio
EUFN 0.49%
FNCL 0.08%, better
Fund size
EUFN $2.92B
FNCL $2.24B
1Y total return
EUFN +16.3%, better
FNCL +9.6%
Yield (12M)
EUFN 4.38%, better
FNCL 1.61%
Holdings
EUFN 93
FNCL 386
Avg volume (30D)
EUFN 1.64M sh, better
FNCL 123K sh
NAV per share
EUFN $37.66
FNCL $79.91
52W range

ETF.net Grade

EUFN: Cost 24, Risk 58, Mission not scored, Tradability 54, Holdings 67, Durability 76. FNCL: Cost 97, Risk 53, Mission 81, Tradability 71, Holdings 54, Durability 56.
Pillar letters and Scores for EUFN, FNCL, with each pillar’s weight
PillarEUFNFNCL
Cost30% weightF24A97Higher
Mission25% weightNot scoredA81
Risk15% weightB58HigherC53
Tradability15% weightC54A71Higher
Holdings10% weightB67HigherC54
Durability5% weightA76HigherB56

Rank among Financials (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EUFN and FNCL are both graded against the same 18 Financials (Broad) funds, so their Grades compare head to head.

Financials (Broad)⁠

Category · 18 funds
See all 18 ›

FNCL ranks 2nd and EUFN 13th of 18 funds in the Financials (Broad) Category.

  1. Rank 1AXLFState Street Financial Select Sector SPDR ETFScore 82
  2. Rank 2AFNCLFidelity MSCI Financials Index ETFScore 76
  3. Rank 3AKIEState Street SPDR S&P Insurance ETFScore 72
  4. Rank 12CIYGiShares U.S. Financial Services ETFScore 50
  5. Rank 13CEUFNiShares MSCI Europe Financials ETFScore 45
  6. Rank 13CIAIiShares U.S. Broker-Dealers & Securities Exchanges ETFScore 45

Our read on each fund

ETF.net Research

EUFNCiShares MSCI Europe Financials ETF

FNCLAFidelity MSCI Financials Index ETF

In short

EUFN European banks, insurers and asset managers in one US-listed ticket. Roughly 80 stocks spanning 15 developed European markets, from Spanish lenders to Swiss and British giants, and it has been doing that one job since 2010.

FNCL The 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.

Stated mandate

EUFN The fund seeks to track an index of developed-market European equities in the financials sector, providing regional sector exposure to European banks, insurers, and financial-services firms.

FNCL The fund seeks to track, before fees and expenses, the performance of the MSCI USA IMI Financials Index.

Why people hold it

  • EUFN Whole-continent reach, not just the euro zone: the index covers financials across 15 developed European countries, including the UK, Switzerland and the Nordics.msci.com
  • One clean instrument for a regional sector view: about 80 banks, insurers and financial-services firms, per the fund's stated objective.ishares.com
  • Assets in the billions and active daily trading, which is unusual for a single-sector, single-region fund.
  • Running since January 2010, through the euro-zone debt crisis and the negative-rate years. Long tenure for a niche slice of the market.
  • FNCL 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

  • EUFN Costs 0.49% a year, above the 0.44% median for financials funds and far above US-focused index rivals like XLF (0.08%) and VFH (0.09%). International plumbing isn't cheap.
  • The holdings trade in euros, pounds, francs and krona, so exchange-rate moves ride along with the stock story in your dollar returns.msci.com
  • One sector, market-cap weighted, so Europe's largest banks and insurers carry the load. Rate moves and credit cycles drive it more than any single company.usnews.com
  • FNCL 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.

Full EUFN profile⁠

Full FNCL profile⁠

EUFN vs FNCL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EUFN vs FNCL Cost

Overpaying EUFN vs FNCL

$8,019

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EUFN 0.49%

    $9,792

  • FNCL 0.084%

    $1,773

$10,000
30 years

Cost over time

  • EUFN 0.49%
  • FNCL 0.084%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530EUFN $9,792FNCL $1,773

Year by year

YearEUFNFNCLOverpaying
10$883$154$729
20$3,394$603$2,791
30$9,792$1,773$8,019

Expense ratio

  • 0.49%EUFN
  • 0.08%FNCL, cheaper
  • Middle half of Financials (Broad) funds
  • Median 0.37%

FNCL 2nd cheapest of 18 funds

EUFN 14th cheapest of 18 funds

EUFN vs FNCL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EUFN 4.38%, better
FNCL 1.61%
Payout (12M)
EUFN $1.65
FNCL $1.29
Last payment
EUFN $1.14
FNCL $0.31
Ex-dividend
EUFN Jun 15, 2026
FNCL Sep 18, 2026
Paid on
EUFN Jun 18, 2026
FNCL Sep 22, 2026
Frequency
EUFN Twice a year
FNCL Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EUFNTwice a year · 19 paymentsAll EUFN payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.55; Dec 19, 2017 $0.16; Jun 19, 2018 $0.82; Dec 18, 2018 $0.28; Jun 17, 2019 $0.71; Dec 16, 2019 $0.18; Jun 15, 2020 $0.17; Dec 14, 2020 $0.07; Jun 10, 2021 $0.42; Dec 13, 2021 $0.41; Jun 9, 2022 $0.67; Dec 13, 2022 $0.07; Jun 7, 2023 $0.73; Dec 20, 2023 $0.32; Jun 11, 2024 $0.77; Dec 17, 2024 $0.48; Jun 16, 2025 $0.81; Dec 16, 2025 $0.52; Jun 15, 2026 $1.14. Use the arrow keys to read each point.$0$12017202020232026YTD
FNCLQuarterly · 39 paymentsAll FNCL payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.14; Jun 16, 2017 $0.16; Sep 15, 2017 $0.18; Dec 15, 2017 $0.18; Mar 16, 2018 $0.19; Jun 15, 2018 $0.20; Sep 21, 2018 $0.20; Dec 21, 2018 $0.23; Mar 15, 2019 $0.24; Jun 21, 2019 $0.23; Sep 20, 2019 $0.27; Dec 20, 2019 $0.23; Mar 20, 2020 $0.29; Jun 19, 2020 $0.23; Sep 18, 2020 $0.22; Dec 18, 2020 $0.22; Mar 19, 2021 $0.22; Jun 18, 2021 $0.23; Sep 17, 2021 $0.26; Dec 17, 2021 $0.27; Mar 18, 2022 $0.27; Jun 17, 2022 $0.28; Sep 16, 2022 $0.28; Dec 16, 2022 $0.27; Mar 17, 2023 $0.28; Jun 16, 2023 $0.27; Sep 15, 2023 $0.24; Dec 15, 2023 $0.23; Mar 15, 2024 $0.26; Jun 21, 2024 $0.25; Sep 20, 2024 $0.27; Dec 20, 2024 $0.27; Mar 21, 2025 $0.30; Jun 20, 2025 $0.28; Sep 19, 2025 $0.28; Dec 19, 2025 $0.27; Mar 20, 2026 $0.40; Jun 18, 2026 $0.31; Sep 18, 2026 $0.31. Use the arrow keys to read each point.$0$12017202020232026YTD

EUFN vs FNCL Risk

Fall from peak · 5 years

  • EUFN
  • FNCL
Oct 29, 2021 to Oct 30, 2026. Worst fall: EUFN −35.1% · Oct 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EUFN 15.8%FNCL 15.8%Same figure. Both funds show the same value, so neither comes out ahead.
Return per unit of riskSharpe ratio, 3 years
EUFN 1.65, betterFNCL 1.11
Worst fallMax drawdown, 5 years
EUFN −35.1%FNCL −25.7%, better
Market sensitivityBeta, 5 years
EUFN 0.79FNCL 0.92

EUFN and FNCL in the news

All news⁠

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