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FNCLvsIYGETF Comparison

ETF 1

FNCL

Fidelity MSCI Financials Index ETF

This fund is part of

US Financials

-0.32%

Full FNCL fund page

VS

ETF 2

IYG

iShares U.S. Financial Services ETF

This fund is part of

US Financials

-0.32%

Full IYG fund page

Fidelity MSCI Financials Index ETF (FNCL) and iShares U.S. Financial Services ETF (IYG) belong to the same industry segment: US Financials. FNCL's top 3 sector exposures are Financials, Information Technology and Real Estate. In contrast, IYG'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 IYG. FNCL is down -3.67% year-to-date (YTD) with -$108M in YTD flows. IYG performs worse with -4.66% YTD performance, and +$46M in YTD flows. Run a side-by-side ETF comparison of FNCL and IYG 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 IYG performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/30/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FNCL IYG	+8.36%+5.71%	-1.80%-3.75%	-3.67%-4.66%	+11.34%+13.91%	+70.97%+78.75%	+57.73%+55.31%
Flows	FNCL IYG	-$96M-$16M	-$135M+$333K	-$108M+$46M	-$91M+$170M	+$55M+$59M	-$22M+$17M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FNCL IYG	+17.85%+19.24%	+15.16%+15.96%	+17.04%+17.95%	+19.38%+20.54%
Max drawdown	FNCL IYG	-11.77%-12.59%	-14.71%-15.91%	-17.30%-18.59%	-25.71%-29.58%
Max drawdown duration	FNCL IYG	81d82d	114d115d	129d127d	770d797d

Trading data

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	FNCL	IYG
Last sale 5/1/2026 at 1:30 PM	$74.11	$87.65
Previous close 04/29/2026	$74.40	$88.06
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

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	FNCL	IYG
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/1/2026 at 1:30 PM

Live

Closed

	FNCL	IYG
Last price	$74.11	$87.65
1D performance	-0.39%	-0.47%
AuM	$2.21 B	$2.00 B
E/R	0.08%	0.38%

Characteristics

	FNCL	IYG
Management strategy	Passive	Passive
Provider	Fidelity	iShares
Benchmark	MSCI USA IMI Financials 25/50 Index	Dow Jones U.S. Financial Services Index
N° of holdings	345	95
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 21, 2013	June 12, 2000
ESG	No	No

More FNCL data on Trackinsight

More IYG data on Trackinsight

Exposure

Countries

FNCL

USA

95.48%

Other

4.52%

IYG

USA

99.47%

Other

0.53%

Sectors

FNCL

Financials

82.05%

Information Techn.

14.45%

Other

3.49%

IYG

Financials

82.74%

Information Techn.

14.43%

Other

2.83%

Diversification

FNCL

Total weight of top 15 holdings out of 15

56.08%

IYG

Total weight of top 15 holdings out of 15

72.78%

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%

IYG

BERKSHIRE HATHWAY

13.86%

JPMORGAN CHASE

12.51%

VISA INCORPORATION

8.01%

MASTERCARD

6.42%

BK OF AMERICA CO

5.10%

THE GOLDMAN SACHS GROUP

4.00%

WELLS FARGO

3.88%

MORGAN STANLEY

3.12%

CITIGROUP

3.12%

AMERICAN EXPRESS

2.56%

CHARLES SCHWAB

2.48%

US09290D1019

2.19%

S&P GLOBAL INC

2.05%

CAPITAL ONE FINANCIAL

1.80%

CME GROUP

1.68%

Frequently asked questions about FNCL and IYG

How have the FNCL and IYG ETFs performed in 2026?

As of April 30, 2026, FNCL is down -3.67% year-to-date (YTD), while IYG has lost -4.66%. That puts FNCL better performer ahead so far this year.

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

Year-to-date, the FNCL ETF saw -$108M in flows, compared to +$46M for IYG.

Which ETF is more volatile: FNCL or IYG?

Over the past year, FNCL had a volatility of 15.16%, while IYG experienced 15.96%.

Which ETF is bigger: FNCL or IYG?

As of April 30, 2026, FNCL holds $2.21 B in assets under management (AUM), while IYG manages $2.00 B.

What sectors do the FNCL and IYG ETFs invest in?

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

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

FNCL top holdings include JPMORGAN CHASE, BERKSHIRE HATHWAY and VISA INCORPORATION. IYG holds in its top three: BERKSHIRE HATHWAY, JPMORGAN CHASE and VISA INCORPORATION.

Which ETF is more diversified: FNCL or IYG?

FNCL holds 383 securities with 56.08% of its assets in the top 15. IYG has 100 securities and a top 15 weight of 72.78%.

3 Financial Sector ETFs to examine as interest rates rise

August 17, 2022

IYG

FNCLvsIYGETF Comparison

Fidelity MSCI Financials Index ETF

iShares U.S. Financial Services ETF

FNCL vs IYG performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FNCL and IYG ETFs performed in 2026?

As of April 30, 2026, FNCL is down -3.67% year-to-date (YTD), while IYG has lost -4.66%. That puts FNCL better performer ahead so far this year.

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

Year-to-date, the FNCL ETF saw -$108M in flows, compared to +$46M for IYG.

Which ETF is more volatile: FNCL or IYG?

Over the past year, FNCL had a volatility of 15.16%, while IYG experienced 15.96%.

Which ETF is bigger: FNCL or IYG?

As of April 30, 2026, FNCL holds $2.21 B in assets under management (AUM), while IYG manages $2.00 B.

What sectors do the FNCL and IYG ETFs invest in?

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

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

FNCL top holdings include JPMORGAN CHASE, BERKSHIRE HATHWAY and VISA INCORPORATION. IYG holds in its top three: BERKSHIRE HATHWAY, JPMORGAN CHASE and VISA INCORPORATION.

Which ETF is more diversified: FNCL or IYG?

FNCL holds 383 securities with 56.08% of its assets in the top 15. IYG has 100 securities and a top 15 weight of 72.78%.

3 Financial Sector ETFs to examine as interest rates rise

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