FNCL vs. IYG ETF Comparison

Comparison of Fidelity MSCI Financials Index ETF (FNCL) to iShares U.S. Financial Services ETF (IYG)

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. Investing 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 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 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.47

Average Daily Volume

114,581

Number of Holdings ^*

380

* may have additional holdings in another (foreign) market

IYG

iShares U.S. Financial Services ETF

IYG Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Financial Services Index (the "underlying index"), which measures the performance of the financial services sector of the U.S. equity market. It is a subset of the Dow Jones U.S. Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$81.46

Average Daily Volume

47,515

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	FNCL	IYG
30 Days	9.11%	9.66%
60 Days	13.04%	14.50%
90 Days	16.04%	16.89%
12 Months	49.10%	51.21%

100 Overlapping Holdings

Symbol	Grade	Weight in FNCL	Weight in IYG	Overlap
ALLY	C	0.12%	0.16%	0.12%
AMG	B	0.07%	0.09%	0.07%
AMP	A	0.69%	0.89%	0.69%
APO	B	0.81%	1.19%	0.81%
ARES	A	0.39%	0.5%	0.39%
AXP	A	2.05%	2.6%	2.05%
BAC	A	4.0%	5.1%	4.0%
BEN	C	0.08%	0.11%	0.08%
BK	A	0.71%	0.93%	0.71%
BLK	C	1.93%	2.36%	1.93%
BOKF	B	0.04%	0.04%	0.04%
BPOP	B	0.09%	0.12%	0.09%
BRK.A	B	7.67%	13.92%	7.67%
BX	A	1.6%	2.11%	1.6%
C	A	1.61%	2.12%	1.61%
CACC	D	0.04%	0.05%	0.04%
CBOE	B	0.26%	0.34%	0.26%
CBSH	A	0.11%	0.14%	0.11%
CFG	B	0.27%	0.34%	0.27%
CFR	B	0.1%	0.14%	0.1%
CG	A	0.15%	0.17%	0.15%
CMA	A	0.11%	0.15%	0.11%
CME	A	0.99%	1.31%	0.99%
COF	B	0.87%	1.14%	0.87%
COIN	C	0.66%	1.0%	0.66%
DFS	B	0.54%	0.72%	0.54%
EQH	B	0.19%	0.24%	0.19%
ESNT	D	0.07%	0.1%	0.07%
EVR	B	0.14%	0.17%	0.14%
EWBC	A	0.18%	0.24%	0.18%
FCNCA	A	0.27%	0.43%	0.27%
FDS	B	0.23%	0.3%	0.23%
FFIN	B	0.06%	0.09%	0.06%
FHN	A	0.14%	0.18%	0.14%
FITB	A	0.4%	0.52%	0.4%
FNB	A	0.08%	0.1%	0.08%
GBCI	B	0.08%	0.1%	0.08%
GS	A	2.35%	3.03%	2.35%
HBAN	A	0.32%	0.42%	0.32%
HLI	B	0.12%	0.16%	0.12%
HLNE	B	0.09%	0.13%	0.09%
HOMB	A	0.07%	0.09%	0.07%
HOOD	B	0.21%	0.37%	0.21%
IBKR	A	0.22%	0.32%	0.22%
ICE	C	1.11%	1.44%	1.11%
IVZ	B	0.07%	0.13%	0.07%
JEF	A	0.15%	0.2%	0.15%
JHG	A	0.08%	0.1%	0.08%
JPM	A	8.6%	11.28%	8.6%
KEY	B	0.23%	0.29%	0.23%
KKR	A	1.16%	1.63%	1.16%
LPLA	A	0.29%	0.38%	0.29%
MA	C	5.35%	6.96%	5.35%
MCO	B	0.98%	1.2%	0.98%
MKTX	D	0.12%	0.16%	0.12%
MORN	B	0.12%	0.15%	0.12%
MS	A	2.0%	2.7%	2.0%
MSCI	C	0.59%	0.75%	0.59%
MTB	A	0.44%	0.58%	0.44%
MTG	C	0.08%	0.11%	0.08%
NDAQ	A	0.42%	0.53%	0.42%
NTRS	A	0.27%	0.35%	0.27%
OMF	A	0.09%	0.11%	0.09%
OWL	A	0.13%	0.19%	0.13%
OZK	B	0.06%	0.08%	0.06%
PB	A	0.1%	0.13%	0.1%
PNC	B	1.03%	1.34%	1.03%
PNFP	B	0.12%	0.15%	0.12%
RDN	C	0.07%	0.09%	0.07%
RF	A	0.3%	0.39%	0.3%
RJF	A	0.39%	0.48%	0.39%
RKT	F	0.02%	0.03%	0.02%
SCHW	B	1.5%	1.95%	1.5%
SEIC	B	0.11%	0.13%	0.11%
SF	B	0.15%	0.19%	0.15%
SLM	A	0.06%	0.09%	0.06%
SNV	B	0.11%	0.13%	0.11%
SOFI	A	0.17%	0.23%	0.17%
SPGI	C	2.02%	2.6%	2.02%
SSB	B	0.1%	0.13%	0.1%
STT	A	0.35%	0.46%	0.35%
SYF	B	0.32%	0.42%	0.32%
TFC	A	0.77%	1.01%	0.77%
TFSL	A	0.01%	0.01%	0.01%
TPG	A	0.06%	0.09%	0.06%
TROW	B	0.33%	0.43%	0.33%
TW	A	0.18%	0.24%	0.18%
UBSI	B	0.07%	0.09%	0.07%
UMBF	B	0.07%	0.09%	0.07%
USB	A	0.98%	1.26%	0.98%
UWMC	D	0.01%	0.01%	0.01%
V	A	6.01%	8.36%	6.01%
VIRT	B	0.04%	0.05%	0.04%
VLY	B	0.06%	0.08%	0.06%
VOYA	B	0.1%	0.13%	0.1%
WAL	B	0.12%	0.16%	0.12%
WBS	A	0.13%	0.17%	0.13%
WFC	A	3.14%	4.09%	3.14%
WTFC	A	0.11%	0.14%	0.11%
ZION	B	0.11%	0.14%	0.11%

FNCL Overweight 280 Positions Relative to IYG

Symbol	Grade	Weight
PGR	A	1.87%
FI	A	1.53%
CB	C	1.37%
MMC	B	1.35%
PYPL	B	1.05%
AON	A	0.91%
AJG	B	0.8%
AFL	B	0.74%
TRV	B	0.73%
ALL	A	0.64%
MET	A	0.63%
AIG	B	0.63%
FIS	C	0.61%
SQ	B	0.58%
PRU	A	0.56%
ACGL	D	0.46%
HIG	B	0.43%
WTW	B	0.4%
GPN	B	0.37%
BRO	B	0.33%
CPAY	A	0.31%
CINF	A	0.29%
MKL	A	0.28%
PFG	D	0.25%
WRB	A	0.23%
L	A	0.2%
EG	C	0.2%
RGA	A	0.19%
FNF	B	0.19%
TOST	B	0.18%
RNR	C	0.17%
UNM	A	0.16%
AFRM	B	0.16%
JKHY	D	0.16%
AIZ	A	0.15%
ERIE	D	0.13%
GL	B	0.13%
AFG	A	0.13%
KNSL	B	0.13%
PRI	A	0.13%
ORI	A	0.12%
JXN	C	0.09%
ONB	B	0.09%
RLI	B	0.09%
RYAN	B	0.09%
AXS	A	0.09%
WEX	D	0.09%
COOP	B	0.08%
COLB	A	0.08%
CADE	B	0.08%
FAF	A	0.08%
AGNC	D	0.08%
FOUR	B	0.07%
LNC	B	0.07%
THG	A	0.07%
STWD	C	0.07%
SIGI	C	0.07%
PIPR	B	0.07%
ABCB	B	0.06%
KMPR	B	0.06%
EEFT	B	0.06%
CNO	A	0.06%
MC	C	0.06%
SFBS	B	0.06%
WTM	A	0.06%
AGO	B	0.06%
UPST	B	0.06%
HWC	B	0.06%
WD	D	0.05%
BGC	C	0.05%
PJT	A	0.05%
FHB	A	0.05%
STEP	B	0.05%
TCBI	B	0.05%
ESGR	B	0.05%
IBOC	A	0.05%
ASB	B	0.05%
AX	A	0.05%
PFSI	D	0.05%
VCTR	B	0.04%
HTLF	B	0.04%
INDB	B	0.04%
GSHD	A	0.04%
SFNC	B	0.04%
BKU	A	0.04%
BXMT	C	0.04%
BOH	B	0.04%
NMIH	D	0.04%
WAFD	B	0.04%
CVBF	A	0.04%
HASI	D	0.04%
PRK	B	0.04%
GNW	A	0.04%
APAM	B	0.04%
FIBK	A	0.04%
FHI	A	0.04%
CBU	B	0.04%
FBP	B	0.04%
WSFS	A	0.04%
AUB	B	0.04%
EBC	B	0.04%
CATY	B	0.04%
FULT	A	0.04%
UCB	A	0.04%
BHF	B	0.04%
SYBT	B	0.03%
NATL	B	0.03%
AGM	C	0.03%
FBK	B	0.03%
PRG	C	0.03%
FRHC	B	0.03%
TRMK	B	0.03%
BANC	A	0.03%
EVTC	B	0.03%
DBRG	F	0.03%
MCY	A	0.03%
TFIN	A	0.03%
RNST	B	0.03%
NBTB	B	0.03%
EFSC	B	0.03%
WSBC	A	0.03%
SBCF	A	0.03%
IBTX	B	0.03%
TBBK	B	0.03%
FLYW	C	0.03%
BANR	B	0.03%
BANF	B	0.03%
PPBI	B	0.03%
OSCR	D	0.03%
WU	D	0.03%
PFS	B	0.03%
ABR	C	0.03%
PLMR	B	0.03%
TOWN	B	0.03%
CNS	B	0.03%
FRME	B	0.03%
FFBC	A	0.03%
PAYO	A	0.03%
ENVA	B	0.03%
SNEX	B	0.03%
PMT	D	0.02%
OCFC	B	0.02%
SRCE	B	0.02%
EIG	B	0.02%
PEBO	A	0.02%
ARI	C	0.02%
BHLB	B	0.02%
RC	D	0.02%
ACT	D	0.02%
GABC	B	0.02%
WT	B	0.02%
NAVI	C	0.02%
WABC	B	0.02%
NBHC	B	0.02%
NNI	D	0.02%
NIC	B	0.02%
HTH	B	0.02%
VBTX	B	0.02%
CODI	B	0.02%
TCBK	B	0.02%
LOB	B	0.02%
LADR	B	0.02%
STBA	B	0.02%
SPNT	A	0.02%
MQ	F	0.02%
QCRH	A	0.02%
HOPE	B	0.02%
CUBI	C	0.02%
HMN	B	0.02%
BUSE	B	0.02%
CHCO	B	0.02%
LMND	B	0.02%
LC	A	0.02%
SKWD	A	0.02%
DFIN	D	0.02%
LKFN	B	0.02%
NWBI	B	0.02%
SASR	B	0.02%
TRUP	B	0.02%
VRTS	B	0.02%
FCF	A	0.02%
FBNC	A	0.02%
STC	B	0.02%
CASH	A	0.02%
OFG	B	0.02%
CLBK	B	0.01%
HONE	B	0.01%
KRNY	B	0.01%
CCBG	B	0.01%
GDOT	D	0.01%
PX	A	0.01%
TRTX	B	0.01%
GSBC	B	0.01%
UFCS	B	0.01%
HAFC	A	0.01%
TREE	F	0.01%
NFBK	B	0.01%
NRDS	C	0.01%
BHB	B	0.01%
SPFI	B	0.01%
AMBC	C	0.01%
TIPT	B	0.01%
PGC	C	0.01%
KREF	D	0.01%
FMNB	B	0.01%
TRST	A	0.01%
MCB	B	0.01%
EZPW	A	0.01%
LPRO	C	0.01%
FSBC	B	0.01%
THFF	B	0.01%
CTLP	B	0.01%
MSBI	B	0.01%
PAY	B	0.01%
SMBC	B	0.01%
UVE	B	0.01%
IIIV	C	0.01%
CAC	B	0.01%
RBCAA	B	0.01%
EQBK	A	0.01%
BFH	B	0.01%
RPAY	D	0.01%
IMXI	B	0.01%
CPF	A	0.01%
BFST	C	0.01%
CASS	B	0.01%
MCBS	B	0.01%
AMTB	B	0.01%
FG	B	0.01%
CFFN	B	0.01%
FCBC	B	0.01%
HTBK	A	0.01%
CMTG	F	0.01%
PRA	C	0.01%
PFBC	B	0.01%
AMAL	B	0.01%
OSBC	A	0.01%
EGBN	B	0.01%
FMBH	B	0.01%
CCB	A	0.01%
CFB	B	0.01%
WASH	C	0.01%
HFWA	B	0.01%
TMP	B	0.01%
PRAA	C	0.01%
BFC	B	0.01%
BHRB	B	0.01%
HBNC	B	0.01%
BRSP	B	0.01%
MBIN	D	0.01%
BSIG	A	0.01%
DX	B	0.01%
MBWM	B	0.01%
RWT	D	0.01%
BY	B	0.01%
SBSI	B	0.01%
OBK	B	0.01%
ECPG	B	0.01%
CNOB	B	0.01%
EFC	C	0.01%
CTBI	B	0.01%
CNNE	B	0.01%
HCI	C	0.01%
IBCP	B	0.01%
BRKL	B	0.01%
FBMS	B	0.01%
UVSP	B	0.01%
FBRT	C	0.01%
AMSF	B	0.01%
PFC	A	0.01%
DCOM	A	0.01%
SAFT	C	0.01%
AROW	B	0.0%
RILY	F	0.0%
GCBC	C	0.0%
DGICA	A	0.0%
DHIL	A	0.0%
HGTY	B	0.0%
HBT	B	0.0%
WRLD	C	0.0%

FNCL Underweight 2 Positions Relative to IYG

	Symbol	Grade	Weight
	LAZ	B	-0.11%
	FCFS	F	-0.07%