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FNCLvsIAIETF Comparison
iShares U.S. Broker-Dealers & Securities Exchanges ETF
Fidelity MSCI Financials Index ETF (FNCL) and iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) belong to the same industry segment: US Financials. FNCL's top 3 sector exposures are Financials, Information Technology and Real Estate. In contrast, IAI's top sector exposures are Financials, FNCL is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.38% for IAI. FNCL is down -8.42% year-to-date (YTD) with +$9M in YTD flows. IAI performs better with -7.72% YTD performance, and +$100M in YTD flows. Run a side-by-side ETF comparison of FNCL and IAI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FNCL vs IAI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FNCL IAI | -6.99%-3.39% | -6.96%-8.91% | -8.42%-7.72% | +7.63%+23.24% | +62.54%+98.27% | +57.93%+87.77% |
| Flows | FNCL IAI | -$18M-$187M | +$13M+$191M | +$9M+$100M | +$20M-$7M | +$143M+$212M | +$218M+$745M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FNCL IAI | +17.20%+24.62% | +19.94%+24.25% | +17.57%+20.14% | +19.39%+21.34% |
| Max drawdown | FNCL IAI | -11.21%-13.04% | -13.58%-16.81% | -17.30%-23.13% | -25.71%-28.75% |
| Max drawdown duration | FNCL IAI | 63d55d | 45d43d | 129d120d | 770d850d |
FNCL | IAI | |
Last sale 3/11/2026 at 1:30 PM | $70.54 | $165.49 |
| Previous close 03/11/2026 | $71.16 | $166.76 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FNCL | IAI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FNCL | IAI | |
|---|---|---|
| Last price | $70.54 | $165.49 |
| 1D performance | -0.87% | -0.76% |
| AuM | $2.23 B | $1.58 B |
| E/R | 0.08% | 0.38% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FNCL and IAI ETFs performed in 2026?
As of March 10, 2026, FNCL is down -8.42% year-to-date (YTD), while IAI has lost -7.72%. That puts IAI better performer ahead so far this year.
Which ETF is attracting more investor money: FNCL or IAI?
Year-to-date, the FNCL ETF saw +$9M in flows, compared to +$100M for IAI.
Which ETF is more volatile: FNCL or IAI?
Over the past year, FNCL had a volatility of 19.94%, while IAI experienced 24.25%.
Which ETF is bigger: FNCL or IAI?
As of March 10, 2026, FNCL holds $2.23 B in assets under management (AUM), while IAI manages $1.58 B.
What sectors do the FNCL and IAI ETFs invest in?
FNCL leans toward sectors like Financials and Information Technology. Meanwhile, IAI focuses on Financials.
What are the top holdings of the FNCL ETF and IAI ETF?
FNCL top holdings include JPMORGAN CHASE, BERKSHIRE HATHWAY and VISA INCORPORATION. IAI holds in its top three: THE GOLDMAN SACHS GROUP, MORGAN STANLEY and CHARLES SCHWAB.
Which ETF is more diversified: FNCL or IAI?
FNCL holds 386 securities with 55.6% of its assets in the top 15. IAI has 34 securities and a top 15 weight of 88.82%.
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