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.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
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 29 bps cheaper than IAT. On a $100,000 position that's about $286/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 | PNC Financial Services Group Inc/The | 1.11% | 14.94% | 1.11% |
| 2 | US Bancorp | 1.08% | 14.16% | 1.08% |
| 3 | Truist Financial Corp | 0.71% | 9.38% | 0.71% |
| 4 | Fifth Third Bancorp | 0.57% | 6.39% | 0.57% |
| 5 | M&T Bank Corp | 0.41% | 4.55% | 0.41% |
| 6 | Huntington Bancshares Inc/OH | 0.38% | 4.50% | 0.38% |
| 7 | Citizens Financial Group Inc | 0.34% | 4.61% | 0.34% |
| 8 | Regions Financial Corp | 0.29% | 4.18% | 0.29% |
| 9 | KeyCorp | 0.23% | 3.44% | 0.23% |
| 10 | East West Bancorp Inc | 0.20% | 2.87% | 0.20% |
| 11 | First Citizens BancShares Inc/NC | 0.18% | 3.14% | 0.18% |
| 12 | Pinnacle Financial Partners Inc | 0.17% | 2.46% | 0.17% |
Only in FNCL
352 total- JPMorgan Chase & Co 10.43%
- Berkshire Hathaway Inc 7.87%
- Visa Inc 6.81%
- Mastercard Inc 5.19%
- Bank of America Corp 4.65%
- Goldman Sachs Group Inc/The 3.32%
- Wells Fargo & Co 2.93%
- Morgan Stanley 2.76%
- Citigroup Inc 2.50%
- American Express Co 1.98%
Only in IAT
0 totalEvery IAT position is also held by FNCL.
Related comparisons
More comparisons with FNCL
- FNCL vs KRE · State Street SPDR S&P Regional Banking ETF 7.2%
- FNCL vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
- FNCL vs XLK · State Street Technology Select Sector SPDR ETF 0.0%
- FNCL vs VFH · Vanguard Financials Index Fund ETF Shares 93.1%
- FNCL vs XLF · State Street Financial Select Sector SPDR ETF 86.1%
- FNCL vs IYG · iShares U.S. Financial Services ETF 77.4%
More comparisons with IAT
- IAT vs VFH · Vanguard Financials Index Fund ETF Shares 7.3%
- IAT vs XLF · State Street Financial Select Sector SPDR ETF 6.0%
- IAT vs IXG · iShares Global Financials ETF 3.0%
- IAT vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
- IAT vs XLK · State Street Technology Select Sector SPDR ETF 0.0%
- IAT vs KBWB · Invesco KBW Bank ETF 38.7%
Percentages are holdings overlap with the named fund.
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.