XLF vs. FNCL ETF Comparison

Comparison of SPDR Select Sector Fund - Financial (XLF) to Fidelity MSCI Financials Index ETF (FNCL)

XLF

SPDR Select Sector Fund - Financial

XLF Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Financial Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; REITs; consumer finance; thrifts & mortgage finance; and real estate management & development. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.73

Average Daily Volume

39,210,793

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	XLF	FNCL
30 Days	7.68%	9.11%
60 Days	11.64%	13.04%
90 Days	14.59%	16.04%
12 Months	46.19%	49.10%

72 Overlapping Holdings

Symbol	Grade	Weight in XLF	Weight in FNCL	Overlap
ACGL	D	0.54%	0.46%	0.46%
AFL	B	0.8%	0.74%	0.74%
AIG	B	0.71%	0.63%	0.63%
AIZ	A	0.16%	0.15%	0.15%
AJG	B	0.94%	0.8%	0.8%
ALL	A	0.75%	0.64%	0.64%
AMP	A	0.8%	0.69%	0.69%
AON	A	1.19%	0.91%	0.91%
AXP	A	2.36%	2.05%	2.05%
BAC	A	4.5%	4.0%	4.0%
BEN	C	0.1%	0.08%	0.08%
BK	A	0.83%	0.71%	0.71%
BLK	C	2.12%	1.93%	1.93%
BRK.A	B	12.45%	7.67%	7.67%
BRO	B	0.38%	0.33%	0.33%
BX	A	1.9%	1.6%	1.6%
C	A	1.89%	1.61%	1.61%
CB	C	1.57%	1.37%	1.37%
CBOE	B	0.3%	0.26%	0.26%
CFG	B	0.3%	0.27%	0.27%
CINF	A	0.34%	0.29%	0.29%
CME	A	1.17%	0.99%	0.99%
COF	B	1.02%	0.87%	0.87%
CPAY	A	0.37%	0.31%	0.31%
DFS	B	0.63%	0.54%	0.54%
EG	C	0.23%	0.2%	0.2%
ERIE	D	0.15%	0.13%	0.13%
FDS	B	0.27%	0.23%	0.23%
FI	A	1.76%	1.53%	1.53%
FIS	C	0.7%	0.61%	0.61%
FITB	A	0.46%	0.4%	0.4%
GL	B	0.14%	0.13%	0.13%
GPN	B	0.43%	0.37%	0.37%
GS	A	2.7%	2.35%	2.35%
HBAN	A	0.37%	0.32%	0.32%
HIG	B	0.5%	0.43%	0.43%
ICE	C	1.31%	1.11%	1.11%
IVZ	B	0.12%	0.07%	0.07%
JKHY	D	0.18%	0.16%	0.16%
JPM	A	10.0%	8.6%	8.6%
KEY	B	0.26%	0.23%	0.23%
KKR	A	1.48%	1.16%	1.16%
L	A	0.22%	0.2%	0.2%
MA	C	6.24%	5.35%	5.35%
MCO	B	1.1%	0.98%	0.98%
MET	A	0.71%	0.63%	0.63%
MKTX	D	0.15%	0.12%	0.12%
MMC	B	1.58%	1.35%	1.35%
MS	A	2.4%	2.0%	2.0%
MSCI	C	0.69%	0.59%	0.59%
MTB	A	0.52%	0.44%	0.44%
NDAQ	A	0.47%	0.42%	0.42%
NTRS	A	0.31%	0.27%	0.27%
PFG	D	0.27%	0.25%	0.25%
PGR	A	2.19%	1.87%	1.87%
PNC	B	1.2%	1.03%	1.03%
PRU	A	0.65%	0.56%	0.56%
PYPL	B	1.27%	1.05%	1.05%
RF	A	0.35%	0.3%	0.3%
RJF	A	0.43%	0.39%	0.39%
SCHW	B	1.74%	1.5%	1.5%
SPGI	C	2.38%	2.02%	2.02%
STT	A	0.41%	0.35%	0.35%
SYF	B	0.37%	0.32%	0.32%
TFC	A	0.9%	0.77%	0.77%
TROW	B	0.39%	0.33%	0.33%
TRV	B	0.85%	0.73%	0.73%
USB	A	1.14%	0.98%	0.98%
V	A	7.49%	6.01%	6.01%
WFC	A	3.6%	3.14%	3.14%
WRB	A	0.26%	0.23%	0.23%
WTW	B	0.46%	0.4%	0.4%

XLF Overweight 0 Positions Relative to FNCL

	Symbol	Grade	Weight

XLF Underweight 308 Positions Relative to FNCL

Symbol	Grade	Weight
APO	B	-0.81%
COIN	C	-0.66%
SQ	B	-0.58%
ARES	A	-0.39%
LPLA	A	-0.29%
MKL	A	-0.28%
FCNCA	A	-0.27%
IBKR	A	-0.22%
HOOD	B	-0.21%
RGA	A	-0.19%
EQH	B	-0.19%
FNF	B	-0.19%
EWBC	A	-0.18%
TOST	B	-0.18%
TW	A	-0.18%
SOFI	A	-0.17%
RNR	C	-0.17%
UNM	A	-0.16%
AFRM	B	-0.16%
CG	A	-0.15%
SF	B	-0.15%
JEF	A	-0.15%
EVR	B	-0.14%
FHN	A	-0.14%
WBS	A	-0.13%
AFG	A	-0.13%
KNSL	B	-0.13%
OWL	A	-0.13%
PRI	A	-0.13%
MORN	B	-0.12%
PNFP	B	-0.12%
HLI	B	-0.12%
WAL	B	-0.12%
ALLY	C	-0.12%
ORI	A	-0.12%
SNV	B	-0.11%
CBSH	A	-0.11%
WTFC	A	-0.11%
ZION	B	-0.11%
SEIC	B	-0.11%
CMA	A	-0.11%
PB	A	-0.1%
SSB	B	-0.1%
VOYA	B	-0.1%
CFR	B	-0.1%
JXN	C	-0.09%
OMF	A	-0.09%
ONB	B	-0.09%
RLI	B	-0.09%
RYAN	B	-0.09%
BPOP	B	-0.09%
HLNE	B	-0.09%
AXS	A	-0.09%
WEX	D	-0.09%
JHG	A	-0.08%
FNB	A	-0.08%
GBCI	B	-0.08%
COOP	B	-0.08%
COLB	A	-0.08%
CADE	B	-0.08%
MTG	C	-0.08%
FAF	A	-0.08%
AGNC	D	-0.08%
RDN	C	-0.07%
FOUR	B	-0.07%
UBSI	B	-0.07%
UMBF	B	-0.07%
HOMB	A	-0.07%
LNC	B	-0.07%
THG	A	-0.07%
STWD	C	-0.07%
SIGI	C	-0.07%
ESNT	D	-0.07%
AMG	B	-0.07%
PIPR	B	-0.07%
VLY	B	-0.06%
ABCB	B	-0.06%
KMPR	B	-0.06%
EEFT	B	-0.06%
CNO	A	-0.06%
MC	C	-0.06%
SFBS	B	-0.06%
SLM	A	-0.06%
WTM	A	-0.06%
FFIN	B	-0.06%
AGO	B	-0.06%
UPST	B	-0.06%
TPG	A	-0.06%
OZK	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%
CACC	D	-0.04%
BXMT	C	-0.04%
BOH	B	-0.04%
NMIH	D	-0.04%
VIRT	B	-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%
BOKF	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%
RKT	F	-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%
UWMC	D	-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%
TFSL	A	-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%