Fidelity MSCI Financials Index ETF (FNCL)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Fidelity MSCI Financials Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity MSCI Financials Index ETF (FNCL) has returned -9.17% so far this year and 2.69% over the past 12 months. Over the last decade, FNCL has posted an annualized return of 12.25%, slightly higher than the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Oct 24, 2013, FNCL's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, your investment would double in approximately 5.7 years.

Historically, 57% of months were positive and 43% were negative. The best month was Nov 2020 with a return of +16.4%, while the worst month was Mar 2020 at -22.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FNCL closed higher 53% of trading days. The best single day was Mar 13, 2020 with a return of +12.4%, while the worst single day was Mar 16, 2020 at -13.2%.

Fidelity MSCI Financials Index ETF has an annualized alpha of 0.12%, beta of 1.04, and R² of 0.72 versus S&P 500 Index. Calculated based on daily prices since October 25, 2013.

• With beta of 1.04 and R² of 0.72, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FNCL has an expense ratio of 0.08%, which is considered low.

FNCL ranks 16 for risk / return — in the bottom 16% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Fidelity MSCI Financials Index ETF (FNCL) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity MSCI Financials Index ETF provided a 1.75% dividend yield over the last twelve months, with an annual payout of $1.23 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity MSCI Financials Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity MSCI Financials Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity MSCI Financials Index ETF was 44.38%, occurring on Mar 23, 2020. Recovery took 201 trading sessions.

The current Fidelity MSCI Financials Index ETF drawdown is 11.94%.

The chart below shows the rolling one-month volatility.