Fidelity MSCI Financials Index ETF
U.S. stock index ETF · tracks MSCI USA IMI Financials 25/50 Index
As of its 2026 Q2 report, Fidelity MSCI Financials Index ETF held 386 positions with $2.21B in net assets. Its ten largest holdings made up 47.6% of the fund. The FNCL share class costs 0.08% a year. Over the 12 months to May 2026, FNCL returned 4.6%, with dividends reinvested. In 2026 Q3 it added 7 new positions and exited 7.
Fidelity MSCI Financials Index ETF 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 tracks the MSCI USA IMI Financials 25/50 Index, which comprises U.S. financial sector companies including banks, insurers, asset managers, and mortgage REITs, using a representative sampling strategy that holds a subset of index securities selected to match the index's overall characteristics. Because the fund may not hold all index constituents, its returns can diverge from the index.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
10.10% | $223.74M | 714.3K | $313.23 | |
7.72% | $170.95M | 361.0K | $473.60 | |
6.59% | $145.85M | 442.2K | $329.84 | |
5.04% | $111.69M | 222.1K | $502.92 | |
4.34% | $96.05M | 1.8M | $53.46 | |
3.28% | $72.67M | 78.7K | $923.77 | |
3.06% | $67.69M | 823.2K | $82.23 | |
2.71% | $60.05M | 469.2K | $127.98 | |
2.68% | $59.34M | 311.4K | $190.59 | |
2.11% | $46.67M | 144.5K | $323.05 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 386 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.69% |
| Cash & short-term | 0.25% |
| Derivatives | 0.01% |
Derivatives are shown at market value, not notional exposure.
By sector
- Financials
- 97.9%
- International
- 1.9%
- Cash
- 0.2%
- Other
- 0.1%
- 1 other sector
- 0.0%
- Financials
- 97.9%
- International
- 1.9%
- Cash
- 0.2%
- Other
- 0.1%
- Government
- 0.0%
How it has done
FNCL share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.29%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Fidelity MSCI Financials Index ETF is a U.S. equity index ETF that tracks the MSCI USA IMI Financials 25/50 Index. 9% of FNCL’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 95% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Non-diversified
- Expense ratio, by class
- 0.08%· FNCL 0.08%
- Portfolio turnover
- 4.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
7 new· the largest 6
7 exited· the largest 6
Understand how this fund fits with the rest.
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