Fidelity MSCI Financials Index ETF (FNCL)
| Assets | $2.03B |
| Expense Ratio | 0.08% |
| PE Ratio | 18.55 |
| Shares Out | 28.65M |
| Dividend (ttm) | $1.00 |
| Dividend Yield | 1.42% |
| Ex-Dividend Date | Sep 20, 2024 |
| Payout Ratio | 26.38% |
| 1-Year Return | +43.97% |
| Volume | 139,074 |
| Open | 71.20 |
| Previous Close | 70.95 |
| Day's Range | 70.35 - 71.25 |
| 52-Week Low | 49.30 |
| 52-Week High | 71.62 |
| Beta | 1.09 |
| Holdings | 406 |
| Inception Date | Oct 21, 2013 |
About FNCL
Fund Home PageThe Fidelity MSCI Financials Index ETF (FNCL) is an exchange-traded fund that is based on the MSCI USA IMI Financials 25/50 index, a market-cap-weighted index of US financial companies across the entire market-cap spectrum. FNCL was launched on Oct 21, 2013 and is issued by Fidelity.
Top 10 Holdings
43.23% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 8.64% |
| Berkshire Hathaway Inc. | BRK.B | 7.68% |
| Visa Inc. | V | 6.04% |
| Mastercard Incorporated | MA | 5.32% |
| Bank of America Corporation | BAC | 4.04% |
| Wells Fargo & Company | WFC | 3.17% |
| The Goldman Sachs Group, Inc. | GS | 2.33% |
| American Express Company | AXP | 2.02% |
| Morgan Stanley | MS | 2.01% |
| S&P Global Inc. | SPGI | 1.98% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 20, 2024 | $0.265 | Sep 24, 2024 |
| Jun 21, 2024 | $0.248 | Jun 25, 2024 |
| Mar 15, 2024 | $0.261 | Mar 20, 2024 |
| Dec 15, 2023 | $0.229 | Dec 20, 2023 |
| Sep 15, 2023 | $0.244 | Sep 20, 2023 |
| Jun 16, 2023 | $0.272 | Jun 22, 2023 |
News
Rate Cuts Benefit These 2 Equity Categories
Interest rate cuts historically benefit equities, resulting in outperformance for the next year after the initial rate cut. Pockets of more pronounced opportunity may exist within stocks for investors...
FNCL: Risks Overshadow Lower Valuations For This Diversified Financial ETF
Fidelity MSCI Financials Index ETF offers exposure to the U.S. financial sector, including small caps, but with higher volatility and lower valuations compared to XLF. FNCL's top holdings include JPMo...
FNCL: Nothing Special As A Financials Play
Fidelity® MSCI Financials Index ETF is an exchange-traded fund that provides broad exposure to U.S. financial companies, aiming to replicate the performance of the MSCI USA IMI Financials 25/50 Index....
Regional Banking Concerns Produce Financial Services ETF Outflows
Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...
Financial Industry ETFs Slump as Banks Report Mixed 4Q Earnings
Three of the largest of the sector's funds posted consecutive losses during the trading week.
FNCL: Financial Stocks Remain Undervalued With Increasingly Attractive Cyclical Positioning
FNCL invests in financial companies. FNCL likely remains undervalued, while cyclical positioning is improving given markets' tendency to lead the real economy.
FNCL: U.S. Financials Are Undervalued With Strong Forward Earnings
U.S. financials perform well on a 'return on equity' basis, and forward price/earnings ratios are low. While financial stocks are not as intuitively alluring as tech stocks, their returns on equity ar...
Financials Look Ripe For A Reversal
The financials and banking stocks have been some of the best performing of the reflation trade since the second half of 2020. On the whole, we know banks like to make their profits by lending long ter...
Financial ETFs surge as investors bet on left-behind sectors
Financial sector ETFs outperformed Tuesday as investors rotated away from pricier technology stocks in favor of sectors that haven't participated in the months-long rally from the March lows.