Fidelity MSCI Financials Index ETF (FNCL)
| Assets | $1.36B |
| Expense Ratio | 0.08% |
| PE Ratio | 12.36 |
| Shares Out | n/a |
| Dividend (ttm) | $1.06 |
| Dividend Yield | 2.25% |
| Ex-Dividend Date | Sep 15, 2023 |
| Payout Ratio | 27.86% |
| 1-Year Return | +4.90% |
| Volume | 106,314 |
| Open | 47.48 |
| Previous Close | 47.45 |
| Day's Range | 47.12 - 47.52 |
| 52-Week Low | 42.22 |
| 52-Week High | 52.66 |
| Beta | n/a |
| Holdings | 417 |
| 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
43.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Berkshire Hathaway Inc. | BRK.B | 8.55% |
| JPMorgan Chase & Co. | JPM | 7.81% |
| Visa Inc. | V | 6.97% |
| Mastercard Incorporated | MA | 6.21% |
| 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% |
| Morgan Stanley | MS | 1.93% |
| BlackRock, Inc. | BLK | 1.82% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 2023-09-15 | $0.244 | 2023-09-20 |
| 2023-06-16 | $0.272 | 2023-06-22 |
| 2023-03-17 | $0.276 | 2023-03-22 |
| 2022-12-16 | $0.270 | 2022-12-21 |
| 2022-09-16 | $0.276 | 2022-09-21 |
| 2022-06-17 | $0.280 | 2022-06-23 |
News
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.
JPMorgan's Optimistic Outlook Lifts Financial Sector ETFs
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...
Financial ETFs Could Bank on Bread-and-Butter, Deposit-and-Loans Business
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 ETFs Could Gain Momentum as Rates Rise Ahead
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....
Financial Sector ETFs Could Ease Into a New Normal
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 ...
Look to Financial ETFs as Rates Rise in 2022
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...
Powell's Reappointment Is a Boon for Financial ETFs
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 ...
A Burst of M&A Activity Could Help Support Financial Sector ETFs
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 ETFs Drop as Fed Allows Covid Capital Relief to Expire
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 ...
Look to Financial ETFs as Banks Unleash Their Cash
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...
Financial ETFs Benefiting from a Rotation to Value
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 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.
Financial ETFs Are Gaining Again Amid JP Morgan’s Protest Support
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 And ETFs Are Mixed As Financials Continue To Rally While Tech Struggles
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...
Financial Sector ETFs Gain Momentum After JP Morgan Chase CEO Remarks
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...
Financial Sector ETFs Advance Amid Big Bank And Credit Company Stock Gains
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.