ETF comparison
FNCL vs IAT
Both Financials.
Fidelity MSCI Financials Index ETF · iShares U.S. Regional Banks ETF
Holdings overlap
31 positions appear in both funds. Buying equal dollars of FNCL and IAT would leave roughly 7.4% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
FNCL is 30 bps cheaper than IAT. On a $100,000 position that's about $296/yr more in fees for IAT.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FNCL vs IAT.
Top shared holdings
31 shared in total| # | Holding | In FNCL | In IAT | Overlap |
|---|---|---|---|---|
| 1 | US Bancorp | 1.04% | 13.97% | 1.04% |
| 2 | PNC Financial Services Group Inc/The | 1.03% | 14.52% | 1.03% |
| 3 | Truist Financial Corp | 0.78% | 10.03% | 0.78% |
| 4 | Fifth Third Bancorp | 0.54% | 6.07% | 0.54% |
| 5 | Huntington Bancshares Inc/OH | 0.40% | 4.43% | 0.40% |
| 6 | M&T Bank Corp | 0.40% | 4.50% | 0.40% |
| 7 | Citizens Financial Group Inc | 0.34% | 4.53% | 0.34% |
| 8 | Regions Financial Corp | 0.30% | 4.22% | 0.30% |
| 9 | KeyCorp | 0.24% | 3.50% | 0.24% |
| 10 | East West Bancorp Inc | 0.21% | 2.74% | 0.21% |
| 11 | First Citizens BancShares Inc/NC | 0.20% | 3.41% | 0.20% |
| 12 | Pinnacle Financial Partners Inc | 0.18% | 2.42% | 0.18% |
Only in FNCL
353 total- JPMorgan Chase & Co 10.10%
- Berkshire Hathaway Inc 7.72%
- Visa Inc 6.59%
- Mastercard Inc 5.04%
- Bank of America Corp 4.34%
- Goldman Sachs Group Inc/The 3.28%
- Wells Fargo & Co 3.06%
- Citigroup Inc 2.71%
- Morgan Stanley 2.68%
- American Express Co 2.11%
Only in IAT
0 totalEvery IAT position is also held by FNCL.
Open FNCL or IAT at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.