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FNCLvsIYFETF Comparison

ETF 1
FNCL

Fidelity MSCI Financials Index ETF

This fund is part of
US Financials
-0.68%
VS
ETF 2
IYF

iShares U.S. Financials ETF

This fund is part of
US Financials
-0.68%

Fidelity MSCI Financials Index ETF (FNCL) and iShares U.S. Financials ETF (IYF) belong to the same industry segment: US Financials. FNCL's top 3 sector exposures are Financials, Information Technology and Real Estate. In contrast, IYF's top sector exposures are Financials, Information Technology  FNCL is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.38% for IYF. FNCL is down -4.17% year-to-date (YTD) with -$108M in YTD flows. IYF performs better with -3.86% YTD performance, and -$591M in YTD flows. Run a side-by-side ETF comparison of FNCL and IYF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FNCL vs IYF performance and flow charts

Performance

-2.00.02.04.06.08.0%Mar 23Mar 30Apr 7Apr 14Apr 21

Cumulative Flows

-200 M-150 M-100 M-50 M0 MMar 23Mar 30Apr 7Apr 14Apr 21

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Historic performance and flows
Data as of 04/23/2026
1M3MYTD1Y3Y5Y
Perf.
FNCL
IYF
+5.90%+5.10%
-1.79%-2.81%
-4.17%-3.86%
+13.28%+14.26%
+69.09%+76.41%
+60.22%+69.21%
Flows
FNCL
IYF
-$110M-$197M
-$135M-$670M
-$108M-$591M
-$91M-$515M
+$48M+$186M
-$14M-$81M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FNCL
IYF
+17.96%+17.60%
+15.21%+14.74%
+17.12%+17.03%
+19.40%+19.05%
Max drawdown
FNCL
IYF
-11.77%-11.62%
-14.71%-13.86%
-17.30%-16.50%
-25.71%-25.09%
Max drawdown duration
FNCL
IYF
74d75d
107d108d
129d125d
770d747d
Trading data

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FNCL
IYF
Last sale
4/27/2026 at 2:04 PM
$73.88
$124.04
Previous close
04/24/2026
$73.58
$123.31
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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FNCL
IYF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/27/2026 at 2:04 PM
Live
Closed
FNCL
IYF
Last price
$73.88
$124.04
1D performance
+0.41%
+0.59%
AuM$2.20 B$3.38 B
E/R0.08%0.38%
Characteristics
FNCL
IYF
Management strategyPassivePassive
ProviderFidelityiShares
BenchmarkMSCI USA IMI Financials 25/50 IndexRussell 1000 Financials 40 Act 15/22.5 Daily Capped Index
N° of holdings345134
Asset class-Equities
Trailing 12m distribution yield
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Inception dateOctober 21, 2013May 22, 2000
ESGNoNo
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Exposure

Countries

FNCL
USA
95.48%
Other
4.52%
IYF
USA
93.24%
Other
6.76%

Sectors

FNCL
Financials
82.05%
Information Techn.
14.45%
Other
3.49%
IYF
Financials
95.76%
Other
4.24%
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Diversification

FNCL

Total weight of top 15 holdings out of 15

56.08%
IYF

Total weight of top 15 holdings out of 15

57.58%

Top 15 holdings

Data as of March 31, 2026
FNCL
JPMORGAN CHASE
10.02%
BERKSHIRE HATHWAY
8.25%
VISA INCORPORATION
6.51%
MASTERCARD
5.35%
BK OF AMERICA CO
4.17%
WELLS FARGO
3.13%
THE GOLDMAN SACHS GROUP
3.12%
CITIGROUP
2.54%
MORGAN STANLEY
2.45%
AMERICAN EXPRESS
2.08%
CHARLES SCHWAB
2.01%
US09290D1019
1.80%
S&P GLOBAL INC
1.61%
CHUBB LTD
1.53%
PROGRESSIVE
1.50%
IYF
BERKSHIRE HATHWAY
11.62%
JPMORGAN CHASE
10.67%
BK OF AMERICA CO
4.50%
WELLS FARGO
4.03%
THE GOLDMAN SACHS GROUP
4.03%
CITIGROUP
3.35%
MORGAN STANLEY
3.18%
CHARLES SCHWAB
2.68%
US09290D1019
2.50%
S&P GLOBAL INC
2.20%
CHUBB LTD
2.03%
PROGRESSIVE
1.98%
CME GROUP
1.81%
INTERCONTINENTAL EXCHANGE INC
1.53%
BLACKSTONE GROUP
1.46%
Frequently asked questions about FNCL and IYF

How have the FNCL and IYF ETFs performed in 2026?

As of April 23, 2026, FNCL is down -4.17% year-to-date (YTD), while IYF has lost -3.86%. That puts IYF better performer ahead so far this year.

Which ETF is attracting more investor money: FNCL or IYF?

Year-to-date, the FNCL ETF saw -$108M in flows, compared to -$591M for IYF.

Which ETF is more volatile: FNCL or IYF?

Over the past year, FNCL had a volatility of 15.21%, while IYF experienced 14.74%.

Which ETF is bigger: FNCL or IYF?

As of April 23, 2026, FNCL holds $2.20 B in assets under management (AUM), while IYF manages $3.38 B.

What sectors do the FNCL and IYF ETFs invest in?

FNCL leans toward sectors like Financials and Information Technology. Meanwhile, IYF focuses on Financials.

What are the top holdings of the FNCL ETF and IYF ETF?

FNCL top holdings include JPMORGAN CHASE, BERKSHIRE HATHWAY and VISA INCORPORATION. IYF holds in its top three: BERKSHIRE HATHWAY, JPMORGAN CHASE and BK OF AMERICA CO.

Which ETF is more diversified: FNCL or IYF?

FNCL holds 383 securities with 56.08% of its assets in the top 15. IYF has 142 securities and a top 15 weight of 57.58%.

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