FINA vs PBUS: Grades, Fees and Holdings Compared

Fidelity MSCI North American Subset Index ETF

FINABNYSE Arca

Invesco MSCI USA ETF

PBUSACboe

Overlap

83.0%by weight

Expense ratio

PBUS −0.05pt a year

FINA0.09%PBUS0.04%

Avg volume · 30D

FINA 2.9×the volume

FINA1.25MPBUS433K

FINA vs PBUS Performance

Jul 31, 2026 – Oct 30, 2026

+1.1%FINA+1.3%PBUS

Expense ratio: FINA 0.09%; PBUS 0.04%, better
Fund size: FINA $2.14B; PBUS $10.5B
1Y total return: FINA No data; PBUS +11.5%
Yield (12M): FINA No data; PBUS 1.02%
Holdings: FINA 276; PBUS 517
Avg volume (30D): FINA 1.25M sh, better; PBUS 433K sh
NAV per share: FINA $25.27; PBUS $75.71
52W range

ETF.net Grade

Pillar letters and Scores for FINA, PBUS, with each pillar’s weight
Pillar	FINA	PBUS
Cost30% weight	A79	A98Higher
Mission25% weight	Not scored	A100
Risk15% weight	B66Higher	B63
Tradability15% weight	B62	A86Higher
Holdings10% weight	B57Higher	C50
Durability5% weight	C47	A74Higher

Rank among Other Major Indexes funds

How we build Categories ›

Same Category. FINA and PBUS are both graded against the same 42 Other Major Indexes funds, so their Grades compare head to head.

Other Major Indexes⁠

Category · 42 funds

See all 42 ›

PBUS ranks 3rd and FINA 12th of 42 funds in the Other Major Indexes Category.

Rank 1ASPYVState Street SPDR Portfolio S&P 500 Value ETFScore 89
Rank 2ASCHKSchwab 1000 Index ETFScore 86
Rank 3APBUSInvesco MSCI USA ETFScore 85
Rank 4AVOOVVanguard S&P 500 Value ETFScore 79
Rank 11BSPXEProShares S&P 500 Ex-Energy ETFScore 69
Rank 12BFINAFidelity MSCI North American Subset Index ETFScore 68
Rank 12BXOEXXtrackers S&P 100 Ex Top 20 ETFScore 68

Our read on each fund

ETF.net Research

FINABFidelity MSCI North American Subset Index ETF

PBUSAInvesco MSCI USA ETF

In short

FINA No data

PBUS Roughly 500 US stocks for 0.04% a year, benchmarked to the MSCI USA Index instead of the S&P 500. Invesco's rules-based core holding, running since 2017.

Stated mandate

FINA No data

PBUS The Fund tracks the MSCI USA Index and commits at least 90% of its assets to securities included in that index.

Why people hold it

FINA No data

PBUS 0.04% a year sits at the floor of its peer group, matching SPYV and a hair above SCHK's 0.03%.invesco.com
Returns have hugged the MSCI USA Index about as tightly as anything in its cohort, so index-level exposure arrives with very little slippage.
A multi-billion-dollar fund trading since 2017, with a real market cycle behind it rather than a launch-window track record.
Roughly 500 names and quarterly distributions: a plain broad-market wrapper with no options overlay, no leverage, no sector tilt bolted on.

Worth knowing

FINA No data

PBUS MSCI USA is not the S&P 500. Holdings and results drift from an S&P-benchmarked portfolio, which matters if that is the yardstick you track against.invesco.com
The mandate commits at least 90% of assets to index securities, which leaves a slice of room outside the benchmark.
Moderately traded rather than one of the tape's busiest tickers, so spreads deserve a glance and limit orders earn their keep.

Full FINA profile⁠

Full PBUS profile⁠

FINA vs PBUS Holdings

How FINA and PBUS differ

Overlap by weight

83.0%

Shared holdings make up 92.9% of FINA and 85.2% of PBUS.

Level by level

Holdings240 in both83.0%
Countryby domicile95.5%
Asset classEquity100%

Sector

No Sector split for FINA.

Country, concentration and asset class

Country by domicile

Country weights in FINA and PBUS, widest gap first
Country	More in FINAMore in PBUS	FINA	PBUS
United States	PBUS +4.3 points	94.9%	99.2%
Canada	FINA +4.3 points	4.4%	0.1%
Other countries (7)	FINA +0.1 points	0.8%	0.7%

Concentration

Weight in the 10 largest Holdings

FINA34.7%
PBUS36.6%

Securities held

FINA273
PBUS515

Asset class

FINA: Equity
PBUS: Equity

Holdings

Only in FINA33
In both240
Only in PBUS275

Only in FINA

33 securities, 6.7% of FINA by weight

Royal Bank of Canada0.49%
Toronto-Dominion Bank0.37%
Linde PLC0.35%
Shopify Inc Class A0.34%
Eaton Corp PLC0.30%
Accenture PLC Class A0.28%
Wheaton Precious Metals Corp0.26%
Bank of Nova Scotia0.25%
Medtronic PLC0.25%
Bank of Montreal0.24%
Chubb Ltd0.24%
Agnico Eagle Mines Ltd (Cana)0.24%
Canadian Imp Bk of Commerce0.22%
Johnson Controls Internatl PLC0.21%
Enbridge Inc0.21%
Slb Ltd0.19%
Manulife Financial Corp (Cana)0.19%
Canadian Pacific Kansas City L0.17%
Brookfield Corp Class A0.17%
Whitecap Resources Inc0.16%
Canadian Natl Railway Co0.16%
Securities Lending Cf0.16%
Franco-Nevada Corp (Cana)0.16%
National Bank of Canada Dtc El0.15%
Nxp Semiconductors NV0.14%
Willis Towers Watson PLC0.13%
Cgi Inc Class A Sub Vtg0.12%
Royal Caribbean Cruises Ltd0.12%
Loblaw Cos Ltd0.12%
Restaurant Brands Intrntnl Inc0.10%
Cameco Corp0.09%
Element Fleet Management Corp0.08%
Celestica Inc0.07%

Only in PBUS

275 securities, 14.7% of PBUS by weight

Berkshire Hathaway Inc1.15%
Linde PLC0.35%
Sandisk Corp0.30%
Eaton Corp PLC0.23%
Accenture PLC0.23%
Marathon Petroleum Corp0.19%
Chubb Ltd0.19%
Medtronic PLC0.19%
Valero Energy Corp0.17%
Phillips 660.16%
Southern Co/The0.16%
Duke Energy Corp0.15%
Johnson Controls International plc0.14%
Space Exploration Technologies Corp0.13%
SLB Ltd0.12%
United Parcel Service Inc0.12%
Royal Caribbean Cruises Ltd0.12%
Illinois Tool Works Inc0.12%
American Electric Power Co Inc0.11%
Air Products and Chemicals Inc0.10%
FedEx Corp0.10%
NXP Semiconductors NV0.10%
Targa Resources Corp0.10%
Kinder Morgan Inc0.10%
Nucor Corp0.09%
WW Grainger Inc0.09%
Crh PLC0.09%
Fastenal Co0.09%
Natera Inc0.09%
Dominion Energy Inc0.09%
MetLife Inc0.08%
Realty Income Corp0.08%
Public Storage0.08%
Entergy Corp0.08%
Humana Inc0.08%
Rockwell Automation Inc0.08%
Fifth Third Bancorp0.07%
Xcel Energy Inc0.07%
Westinghouse Air Brake Technologies Corp0.07%
State Street Corp0.07%
Vistra Corp0.07%
Republic Services Inc0.07%
Occidental Petroleum Corp0.07%
Waters Corp0.07%
Waste Connections Inc0.07%
Ferguson Enterprises Inc0.07%
IDEXX Laboratories Inc0.07%
IQVIA Holdings Inc0.07%
Garmin Ltd0.07%
Veeva Systems Inc0.07%

Weight gaps

The 100 widest of 240 Holdings in both funds.

Holding weights in FINA and PBUS, widest gap first
Holding	More in FINAMore in PBUS	FINA	PBUS
Alphabet Inc Class CGOOG	PBUS +0.38 points	1.61%	1.99%
Apple IncAAPL	PBUS +0.38 points	7.33%	7.71%
NVIDIA CorpNVDA	PBUS +0.33 points	7.06%	7.39%
Microsoft CorpMSFT	PBUS +0.25 points	5.38%	5.63%
Vivmark ResidentialEQR	FINA +0.19 points	0.26%	0.07%
Amazon.com IncAMZN	PBUS +0.18 points	3.37%	3.55%
Diamondback Energy IncFANG	FINA +0.14 points	0.20%	0.06%
Meta Platforms Inc Class AMETA	PBUS +0.14 points	1.92%	2.06%
Dover CorpDOV	FINA +0.13 points	0.17%	0.04%
Ppg Industries IncPPG	FINA +0.13 points	0.17%	0.04%
Broadcom IncAVGO	PBUS +0.13 points	2.22%	2.35%
Regency Centers Corp ReitREG	FINA +0.12 points	0.14%	0.02%
Alphabet Inc Class AGOOGL	FINA +0.11 points	2.62%	2.51%
Ecolab IncECL	FINA +0.11 points	0.23%	0.12%
Kimco Realty CorporationKIM	FINA +0.12 points	0.14%	0.02%
Amcor PLCAMCR	FINA +0.11 points	0.14%	0.03%
Eog Resources IncEOG	FINA +0.10 points	0.23%	0.13%
Tesla IncTSLA	PBUS +0.11 points	1.63%	1.74%
Broadridge Financial SolBR	FINA +0.10 points	0.13%	0.03%
Ingersoll Rand IncIR	FINA +0.10 points	0.15%	0.05%
Marsh & Mclennan Cos IncMRSH	FINA +0.10 points	0.24%	0.14%
Workday Inc Class AWDAY	FINA +0.09 points	0.15%	0.06%
Agilent Technologies IncA	FINA +0.09 points	0.17%	0.08%
Kraft Heinz CoKHC	FINA +0.09 points	0.12%	0.03%
Becton Dickinson & CoBDXA	FINA +0.09 points	0.17%	0.08%
Otis Worldwide CorpOTIS	FINA +0.09 points	0.13%	0.04%
Automatic Data Processing IncADP	FINA +0.09 points	0.26%	0.17%
Nasdaq IncNDAQ	FINA +0.08 points	0.15%	0.07%
Dupont De Nemours IncDD	FINA +0.08 points	0.11%	0.03%
Freeport Mcmoran IncFCX	FINA +0.08 points	0.22%	0.14%
Technipfmc PLCFTI	FINA +0.08 points	0.12%	0.04%
Ametek Inc NewAME	FINA +0.08 points	0.17%	0.09%
Exelon CorpEXC	FINA +0.08 points	0.15%	0.07%
Consolidated Edison IncED	FINA +0.08 points	0.14%	0.06%
Newmont CorpNEM	FINA +0.08 points	0.26%	0.18%
Simon Ppty Group Inc - ReitSPG	FINA +0.07 points	0.18%	0.11%
General Mills IncGIS	FINA +0.07 points	0.10%	0.03%
Church & Dwight Co IncCHD	FINA +0.07 points	0.11%	0.04%
Hp IncHPQ	FINA +0.08 points	0.12%	0.04%
Colgate-Palmolive CoCL	FINA +0.07 points	0.18%	0.11%
Sysco CorpSYY	FINA +0.07 points	0.13%	0.06%
Coca Cola CoKO	FINA +0.07 points	0.61%	0.54%
ConocophillipsCOP	FINA +0.08 points	0.35%	0.27%
Eli Lilly & CoLLY	PBUS +0.07 points	1.58%	1.65%
Keysight Technologies IncKEYS	FINA +0.08 points	0.15%	0.08%
Ventas Inc ReitVTR	FINA +0.07 points	0.13%	0.06%
Xylem IncXYL	FINA +0.07 points	0.10%	0.03%
Oneok IncOKE	FINA +0.07 points	0.16%	0.09%
Paccar IncPCAR	FINA +0.07 points	0.15%	0.08%
Pfizer IncPFE	FINA +0.06 points	0.32%	0.26%
Aon PLCAON	FINA +0.06 points	0.16%	0.10%
Cummins IncCMI	FINA +0.06 points	0.17%	0.11%
Welltower IncWELL	FINA +0.06 points	0.31%	0.25%
Trane Technologies PLCTT	FINA +0.07 points	0.21%	0.14%
Truist Finl CorpTFC	FINA +0.07 points	0.16%	0.09%
Cencora IncCOR	FINA +0.07 points	0.16%	0.09%
Emerson Electric CoEMR	FINA +0.07 points	0.21%	0.14%
Te Connectivity PLCTEL	FINA +0.06 points	0.16%	0.10%
American Tower CorpAMT	FINA +0.06 points	0.19%	0.13%
Salesforce IncCRM	FINA +0.06 points	0.34%	0.28%
Moodys CorpMCO	FINA +0.06 points	0.17%	0.11%
Snowflake IncSNOW	FINA +0.06 points	0.22%	0.16%
Applied Materials IncAMAT	FINA +0.06 points	0.56%	0.50%
S&P Global IncSPGI	FINA +0.06 points	0.27%	0.21%
3M CoMMM	FINA +0.06 points	0.20%	0.14%
Verisk Analytics IncVRSK	FINA +0.06 points	0.10%	0.04%
Bank of New York Mellon CorpBNY	FINA +0.06 points	0.21%	0.15%
Hewlett Packard Enterprise CoHPE	FINA +0.05 points	0.17%	0.12%
Prologis Inc ReitPLD	FINA +0.06 points	0.24%	0.18%
Dell Technologies Inc Class CDELL	FINA +0.06 points	0.27%	0.21%
Mondelez International IncMDLZ	FINA +0.06 points	0.18%	0.12%
Parker Hannifin CorpPH	FINA +0.06 points	0.23%	0.17%
American Express CoAXP	FINA +0.05 points	0.31%	0.26%
Amgen IncAMGN	FINA +0.06 points	0.43%	0.37%
Baker Hughes CoBKR	FINA +0.06 points	0.14%	0.08%
Deere & CoDE	FINA +0.06 points	0.30%	0.24%
Keurig Dr Pepper IncKDP	FINA +0.06 points	0.13%	0.07%
Servicenow IncNOW	FINA +0.05 points	0.22%	0.17%
Vylor IncVYLR	FINA +0.05 points	0.13%	0.08%
Cheniere Energy IncLNG	FINA +0.05 points	0.15%	0.10%
L3HARRIS Technologies IncLHX	FINA +0.05 points	0.13%	0.08%
Comcast Corp Class ACMCSA	FINA +0.05 points	0.17%	0.12%
Cardinal Health IncCAH	FINA +0.05 points	0.14%	0.09%
Abbott LaboratoriesABT	FINA +0.06 points	0.33%	0.27%
Travelers Companies IncTRV	FINA +0.05 points	0.18%	0.13%
Autodesk IncADSK	FINA +0.05 points	0.13%	0.08%
Norfolk Southern CorpNSC	FINA +0.06 points	0.17%	0.11%
Yum Brands IncYUM	FINA +0.06 points	0.12%	0.06%
Mckesson CorpMCK	FINA +0.06 points	0.23%	0.17%
Csx CorpCSX	FINA +0.05 points	0.20%	0.15%
Hilton Worldwide Holdings IncHLT	FINA +0.05 points	0.17%	0.12%
Disney (Walt) CoDIS	FINA +0.05 points	0.34%	0.29%
Mastercard Inc Class AMA	FINA +0.05 points	0.82%	0.77%
Carrier Global CorpCARR	FINA +0.05 points	0.11%	0.06%
Devon Energy CorpDVN	FINA +0.05 points	0.14%	0.09%
Procter & Gamble CoPG	FINA +0.05 points	0.61%	0.56%
Ford Motor CoF	FINA +0.05 points	0.12%	0.07%
Mcdonalds CorpMCD	FINA +0.05 points	0.32%	0.27%
Kla CorpKLAC	FINA +0.05 points	0.38%	0.33%
Micron Technology IncMU	PBUS +0.05 points	1.54%	1.59%

All FINA holdings⁠All 515 PBUS 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.

FINA vs PBUS Cost

Overpaying FINA vs PBUS

$1,049

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

FINA 0.09%
$1,898
PBUS 0.04%
$849

Amount$10,000

Years30 years

Cost over time

FINA 0.09%
PBUS 0.04%
Overpaying

Year by year

Year	FINA	PBUS	Overpaying
10	$165	$73	$92
20	$646	$288	$358
30	$1,898	$849	$1,049

Expense ratio

0.09%FINA
0.04%PBUS, cheaper

PBUS0.04%FINA0.09%

0.03%0.75%

Middle half of Other Major Indexes funds
Median 0.29%

PBUS 2nd cheapest of 42 funds

FINA 7th cheapest of 42 funds

FINA vs PBUS Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FINA No data; PBUS 1.02%
Payout (12M): FINA No data; PBUS $0.77
Last payment: FINA $0.04; PBUS $0.19
Ex-dividend: FINA Sep 18, 2026; PBUS Sep 21, 2026
Paid on: FINA Sep 22, 2026; PBUS Sep 25, 2026
Frequency: FINA Irregular; PBUS Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FINAIrregular · 1 paymentAll FINA payments⁠

PBUSQuarterly · 36 paymentsAll PBUS payments⁠

FINA vs PBUS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FINA No dataPBUS 12.5%
Return per unit of riskSharpe ratio, 3 years: FINA No dataPBUS 1.41
Worst fallMax drawdown, 5 years: FINA No dataPBUS −25.4%
Market sensitivityBeta, 5 years: FINA 0.00PBUS 1.02; Market = 1

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