Fidelity MSCI Financials Index ETF (FNCL)
|Ex-Dividend Date||Sep 15, 2023|
|Day's Range||47.12 - 47.52|
|Inception Date||Oct 21, 2013|
About FNCLFund Home Page
The 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 Holdings43.98% of assets
|Berkshire Hathaway Inc.||BRK.B||8.55%|
|JPMorgan Chase & Co.||JPM||7.81%|
|Bank of America Corporation||BAC||3.65%|
|Wells Fargo & Company||WFC||2.82%|
|S&P Global Inc.||SPGI||2.22%|
|The Goldman Sachs Group, Inc.||GS||2.00%|
Three of the largest of the sector's funds posted consecutive losses during the trading week.
JPMorgan Chase & Co. (NYSE: JPM) raised its view on interest income and announced a profitable outlook, lifting financial sector-related exchange traded funds. On Monday, the Financial Select Sector S...
Banks could hold off on raising interest payments on deposits if the Federal Reserve hikes rates, potentially further bolstering their bread-and-butter businesses and supporting the outlook on financi...
Financial sector-related exchange traded funds could outperform this year as their bread-and-butter business could support higher growth with the Federal Reserve prepping multiple interest rate hikes....
Trading revenues among Wall Street banks surged during the height of the trading spree amidst the heightened volatility during the pandemic recovery. However, financial sector-related exchange traded ...
As rates rise, investors should consider banks and financial sector-related exchange traded funds. The S&P 500 financials sector is already outperforming in the new year, rising 5.4% last week over th...
Financial sector exchange traded funds rallied Monday as bankers, and industry leaders welcomed President Joe Biden's nomination of Federal Reserve Chair Jerome Powell for a second four-year term. On ...
After the coronavirus pandemic put many businesses on hold for a year, companies have kicked off an unprecedented deal-making spree, bolstering banks and financial sector-related exchange traded funds...
Financial sector-related exchange traded funds were dealt a blow Friday after the Federal Reserve planned to end coronavirus pandemic relief that provided a temporary capital buffer for big banks. On ...
As banks free up their cash hoards accumulated during the coronavirus pandemic, financial sector-related ETFs could benefit from the increased loan activity. In the months ahead, banks are expected to...
September’s recent technology sell-off was a reminder that the sector isn’t immune despite its outperformance during the Covid-19 pandemic. With more investors eyeing value-oriented plays amid forthco...
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.
JP Morgan Chase and other big bank stocks are higher today, driving financial ETFs higher as well, amid recent comments from the company’s CEO Jamie Dimon that are supportive of the racial protests fo...
Stocks are struggling on Wednesday after a strong start to the short holiday week, as tech companies are dragging down markets overcoming financial sector gains. Overnight the S&P 500 continued its ra...
U.S. stocks pared gains into the close after a big move to start the abridged holiday week, powered by inspiration that the economy will recover faster than expected, amid comments from Jamie Dimon. F...
Financials are making big moves on Tuesday, helping to drive stock indexes to another day of gains, in what has become a battle between bulls and bears, with bulls winning since late March.