Fidelity MSCI Financials Index ETF (FNCL) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FNCL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FNCL
FNCL charges 0.08% annually. No ETFs in the Financials Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 51.89B | Dec 1998 | FNCL vs XLF | |
| Vanguard Financials ETF | 0.09% | 13.50B | Jan 2004 | FNCL vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | FNCL vs GABF | |
| Portfolio Building Block European Banks Index ETF | 0.13% | 22.30M | Nov 2025 | FNCL vs PBEU | |
| HSBC Holdings plc ADRhedged ETF | 0.19% | 5.04M | Oct 2024 | FNCL vs HSBH |
Best Risk-Adjusted Alternatives to FNCL
FNCL has a PortfoliosLab risk / return rank of 17. There are 22 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 90 | 5.04M | Oct 2024 | FNCL vs HSBH | |
| Themes Global Systemically Important Banks ETF | 80 | 24.99M | Dec 2023 | FNCL vs GSIB | |
| Invesco KBW Bank ETF | 56 | 6.25B | Nov 2011 | FNCL vs KBWB | |
| iShares MSCI Europe Financials ETF | 47 | 3.69B | Jan 2010 | FNCL vs EUFN | |
| First Trust Nasdaq Bank ETF | 42 | 299.07M | Sep 2016 | FNCL vs FTXO |
Top Performing FNCL Alternatives (YTD)
FNCL is at -0.31% YTD. There are 24 ETFs in the Financials Equities category with higher YTD returns, going as high as 26.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 26.93% | 5.04M | Oct 2024 | FNCL vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 16.85% | 83.48M | Jun 2009 | FNCL vs QABA | |
| Themes Global Systemically Important Banks ETF | 16.30% | 24.99M | Dec 2023 | FNCL vs GSIB | |
| SPDR S&P Regional Banking ETF | 14.14% | 4.33B | Jun 2006 | FNCL vs KRE | |
| Portfolio Building Block European Banks Index ETF | 13.63% | 22.30M | Nov 2025 | FNCL vs PBEU |
Lowest Volatility Alternatives to FNCL
FNCL has 14.94% 1-year volatility. There are 6 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.43%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | 9.43% | 7.14M | Jul 2022 | FNCL vs SPCZ | |
| iShares MSCI Kuwait ETF | 13.57% | 70.62M | Sep 2020 | FNCL vs KWT | |
| iShares Global Financials ETF | 13.90% | 580.15M | Nov 2001 | FNCL vs IXG | |
| iShares U.S. Financials ETF | 14.53% | 3.81B | May 2000 | FNCL vs IYF | |
| State Street Financial Select Sector SPDR ETF | 14.62% | 51.89B | Dec 1998 | FNCL vs XLF |
Lowest Drawdown Alternatives to FNCL
FNCL has a 1-year max drawdown of -14.78%. There are 19 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -3.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | -3.82% | 7.14M | Jul 2022 | FNCL vs SPCZ | |
| iShares U.S. Insurance ETF | -7.62% | 376.18M | May 2006 | FNCL vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 254.21M | Dec 2010 | FNCL vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 26.65M | Apr 2010 | FNCL vs PSCF | |
| iShares Global Financials ETF | -11.33% | 580.15M | Nov 2001 | FNCL vs IXG |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $26B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 60 | 23.56% | 21.38B | Oct 2013 | FNCL vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 64 | 8.39% | 9.77B | Sep 2016 | FNCL vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -28.83% | 13.40B | Jan 2024 | FNCL vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 35 | 0.72% | 26.06B | Oct 2014 | FNCL vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 54 | 10.75% | 10.92B | Sep 2003 | FNCL vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 46 | 10.08% | 6.91B | Jun 2020 | FNCL vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 61 | 8.65% | 7.64B | Apr 2007 | FNCL vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 28 | 6.83% | 2.35B | Oct 2013 | FNCL vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 6 | -44.11% | 994.18M | Jul 2024 | FNCL vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 32 | 2.26% | 5.76B | Nov 2023 | FNCL vs FELG |
Often Compared With FNCL
Investors most often compare FNCL with FIDSX, FSPCX, KBE. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FNCL with Any Fund or Stock
Compare FNCL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FNCL with funds that move differently
Fidelity MSCI Financials Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FNCL.
Explore FNCL Diversifiers