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IAIvsFNCLETF Comparison
iShares U.S. Broker-Dealers & Securities Exchanges ETF
iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and Fidelity MSCI Financials Index ETF (FNCL) belong to the same industry segment: US Financials. Both ETFs have the same top 3 sector exposures: and Financials. IAI is more expensive with a Total Expense Ratio (TER) of 0.38%, versus 0.08% for FNCL. IAI is down -7.02% year-to-date (YTD) with +$100M in YTD flows. FNCL performs worse with -7.97% YTD performance, and +$9M in YTD flows. Run a side-by-side ETF comparison of IAI and FNCL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
IAI vs FNCL performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IAI FNCL | -4.96%-7.21% | -7.72%-5.26% | -7.02%-7.97% | +24.27%+8.16% | +91.93%+59.47% | +90.19%+61.71% |
| Flows | IAI FNCL | -$161M-$18M | +$191M+$13M | +$100M+$9M | -$150K+$20M | +$212M+$143M | +$745M+$242M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IAI FNCL | +24.63%+17.44% | +24.23%+19.98% | +20.27%+17.62% | +21.34%+19.41% |
| Max drawdown | IAI FNCL | -12.38%-10.77% | -16.81%-13.58% | -23.13%-17.30% | -28.75%-25.71% |
| Max drawdown duration | IAI FNCL | 54d62d | 43d45d | 120d129d | 850d770d |
IAI | FNCL | |
Last sale 3/11/2026 at 1:30 PM | $165.49 | $70.54 |
| Previous close 03/10/2026 | $166.76 | $71.16 |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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IAI | FNCL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
IAI | FNCL | |
|---|---|---|
| Last price | $165.49 | $70.54 |
| 1D performance | -0.76% | -0.87% |
| AuM | $1.59 B | $2.24 B |
| E/R | 0.38% | 0.08% |
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 IAI and FNCL ETFs performed in 2026?
As of March 10, 2026, IAI is down -7.02% year-to-date (YTD), while FNCL has lost -7.97%. That puts IAI better performer ahead so far this year.
Which ETF is attracting more investor money: IAI or FNCL?
Year-to-date, the IAI ETF saw +$100M in flows, compared to +$9M for FNCL.
Which ETF is more volatile: IAI or FNCL?
Over the past year, IAI had a volatility of 24.23%, while FNCL experienced 19.98%.
Which ETF is bigger: IAI or FNCL?
As of March 10, 2026, IAI holds $1.59 B in assets under management (AUM), while FNCL manages $2.24 B.
What sectors do the IAI and FNCL ETFs invest in?
IAI leans toward sectors like Financials. Meanwhile, FNCL focuses on Financials and Information Technology.
What are the top holdings of the IAI ETF and FNCL ETF?
IAI top holdings include THE GOLDMAN SACHS GROUP, MORGAN STANLEY and CHARLES SCHWAB. FNCL holds in its top three: JPMORGAN CHASE, BERKSHIRE HATHWAY and VISA INCORPORATION.
Which ETF is more diversified: IAI or FNCL?
IAI holds 34 securities with 88.82% of its assets in the top 15. FNCL has 386 securities and a top 15 weight of 55.6%.
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