EXV1.DE vs. FNCL

Last updated Apr 1, 2026

Compare and contrast key facts about iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.DE) and Fidelity MSCI Financials Index ETF (FNCL).

EXV1.DE and FNCL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EXV1.DE is a passively managed fund by iShares that tracks the performance of the STOXX® Europe 600 Banks. It was launched on Apr 25, 2001. FNCL is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Financials Index. It was launched on Oct 21, 2013. Both EXV1.DE and FNCL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EXV1.DE vs. FNCL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.DE) and Fidelity MSCI Financials Index ETF (FNCL). The values are adjusted to include any dividend payments, if applicable.

EXV1.DE vs. FNCL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXV1.DE iShares STOXX Europe 600 Banks UCITS ETF (DE)	-6.41%	77.02%	32.97%	26.28%	1.84%	37.98%	-24.54%	15.17%	-25.82%	11.63%
FNCL Fidelity MSCI Financials Index ETF	-7.73%	1.30%	39.05%	10.68%	-6.85%	45.01%	-10.25%	34.56%	-9.38%	5.24%

Different Trading Currencies

EXV1.DE is traded in EUR, while FNCL is traded in USD. To make them comparable, the FNCL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EXV1.DE achieves a -6.41% return, which is significantly higher than FNCL's -7.73% return. Over the past 10 years, EXV1.DE has outperformed FNCL with an annualized return of 13.30%, while FNCL has yielded a comparatively lower 12.08% annualized return.

EXV1.DE

• 1D: 0.75%
• 1M: -10.00%
• YTD: -6.41%
• 6M: 7.52%
• 1Y: 33.38%
• 3Y*: 38.33%
• 5Y*: 26.75%
• 10Y*: 13.30%

FNCL

• 1D: 1.34%
• 1M: -1.25%
• YTD: -7.73%
• 6M: -5.81%
• 1Y: -3.92%
• 3Y*: 15.46%
• 5Y*: 9.71%
• 10Y*: 12.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EXV1.DE vs. FNCL - Expense Ratio Comparison

EXV1.DE has a 0.47% expense ratio, which is higher than FNCL's 0.08% expense ratio.

EXV1.DE

iShares STOXX Europe 600 Banks UCITS ETF (DE)

FNCL

Fidelity MSCI Financials Index ETF

Return for Risk

EXV1.DE vs. FNCL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EXV1.DE

EXV1.DE Risk / Return Rank: 72
EXV1.DE Sharpe Ratio Rank: 77
EXV1.DE Sortino Ratio Rank: 73
EXV1.DE Omega Ratio Rank: 70
EXV1.DE Calmar Ratio Rank: 73
EXV1.DE Martin Ratio Rank: 66

FNCL

FNCL Risk / Return Rank: 17
FNCL Sharpe Ratio Rank: 16
FNCL Sortino Ratio Rank: 15
FNCL Omega Ratio Rank: 16
FNCL Calmar Ratio Rank: 18
FNCL Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EXV1.DE vs. FNCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.DE) and Fidelity MSCI Financials Index ETF (FNCL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EXV1.DE	FNCL	Difference
Sharpe ratio Return per unit of total volatility	1.38	-0.18	+1.56
Sortino ratio Return per unit of downside risk	1.79	-0.09	+1.88
Omega ratio Gain probability vs. loss probability	1.25	0.99	+0.26
Calmar ratio Return relative to maximum drawdown	1.85	-0.18	+2.03
Martin ratio Return relative to average drawdown	6.38	-0.48	+6.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXV1.DE vs. FNCL - Sharpe Ratio Comparison

The current EXV1.DE Sharpe Ratio is 1.38, which is higher than the FNCL Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of EXV1.DE and FNCL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EXV1.DE	FNCL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	-0.18	+1.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.17	0.51	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.53	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.57	-0.48

Correlation

The correlation between EXV1.DE and FNCL is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EXV1.DE vs. FNCL - Dividend Comparison

EXV1.DE's dividend yield for the trailing twelve months is around 4.14%, more than FNCL's 1.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXV1.DE iShares STOXX Europe 600 Banks UCITS ETF (DE)	4.14%	3.63%	5.51%	4.53%	6.37%	1.06%	1.52%	4.31%	4.03%	6.01%	3.49%	3.41%
FNCL Fidelity MSCI Financials Index ETF	1.75%	1.45%	1.52%	1.91%	2.29%	1.75%	2.26%	2.17%	2.37%	1.60%	1.81%	2.17%

Drawdowns

EXV1.DE vs. FNCL - Drawdown Comparison

The maximum EXV1.DE drawdown since its inception was -82.30%, which is greater than FNCL's maximum drawdown of -44.00%. Use the drawdown chart below to compare losses from any high point for EXV1.DE and FNCL.

Drawdown Indicators

	EXV1.DE	FNCL	Difference
Max Drawdown Largest peak-to-trough decline	-82.30%	-44.38%	-37.92%
Max Drawdown (1Y) Largest decline over 1 year	-17.33%	-14.78%	-2.55%
Max Drawdown (5Y) Largest decline over 5 years	-28.12%	-25.68%	-2.44%
Max Drawdown (10Y) Largest decline over 10 years	-56.14%	-44.38%	-11.76%
Current Drawdown Current decline from peak	-13.64%	-11.94%	-1.70%
Average Drawdown Average peak-to-trough decline	-44.93%	-6.89%	-38.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.96%	4.92%	+0.04%

Volatility

EXV1.DE vs. FNCL - Volatility Comparison

iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.DE) has a higher volatility of 9.25% compared to Fidelity MSCI Financials Index ETF (FNCL) at 4.22%. This indicates that EXV1.DE's price experiences larger fluctuations and is considered to be riskier than FNCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXV1.DE	FNCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.25%	4.22%	+5.03%
Volatility (6M) Calculated over the trailing 6-month period	15.77%	12.25%	+3.52%
Volatility (1Y) Calculated over the trailing 1-year period	24.18%	22.27%	+1.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.52%	19.22%	+3.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.06%	22.86%	+2.20%