Fidelity MSCI Financials Index ETF (NYSE:FNCL) seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials 25/50 Index. The fund invests at least 80% of assets in securities included in the fund’s underlying index. The fund’s underlying index is the MSCI USA IMI Financials 25/50 Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials 25/50 Index. The fund is non-diversified.
Fund Overview
- Net Assets 1.76 Billions
- YTD Daily Total Return 31.39%
- Yield 1.69%
- Expense Ratio 0.08
Performance Overview
- 31.39% YTD Daily Total Return
- 57.44% 1-Year Daily Total Return
- 13.24% 3-Year Daily Total Return
Top 10 Holdings (42.10% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| JPMorgan Chase & Co | JPM | 9.41% |
| Berkshire Hathaway Inc Class B | BRK.B | 7.55% |
| Bank of America Corp | BAC | 6.36% |
| Wells Fargo & Co | WFC | 3.71% |
| Citigroup Inc | C | 2.92% |
| BlackRock Inc | BLK | 2.65% |
| Goldman Sachs Group Inc | GS | 2.60% |
| Morgan Stanley | MS | 2.57% |
| American Express Co | AXP | 2.25% |
| Charles Schwab Corp | SCHW | 2.08% |
Therefore, Fidelity MSCI Financials Index ETF is one of the best financial ETF for investors to own.
FNCL is a good financial ETF.