ETF comparison

FNCLvsIAT

Both Financials.

Fidelity MSCI Financials Index ETF · iShares U.S. Regional Banks ETF

Holdings overlap

Weighted by ISIN/CUSIP
7.4%

31 positions appear in both funds. Buying equal dollars of FNCL and IAT would leave roughly7.4%of each dollar exposed to the same underlying securities.

FNCL only 92.5%Shared 7.4%IAT only 92.2%
In FNCL only
353 positions
Shared
31 positions
In IAT only
0 positions

Side by side

FNCL

Fidelity MSCI Financials Index ETF

Fidelity · Financials

78composite / 100
Expense ratio
0.084%
Net assets
$2.40B
TTM yield
1.56%
Top-10 conc.
47.6%
IAT

iShares U.S. Regional Banks ETF

iShares · Financials

56composite / 100
Expense ratio
0.37%
Net assets
$641.5M
TTM yield
2.61%
Top-10 conc.
69.3%

Sub-score comparison

92
Cost
63
82
Tax efficiency
80
73
Liquidity
48
46
Concentration
15
Tracking quality
FNCLsub-scoreIAT

Tracking quality isn't part of the composite — seewhat we don't scorefor 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 thecost calculator pre-filled with FNCL vs IAT.

Top shared holdings

31 shared in total
#HoldingIn FNCLIn IATOverlap
1US Bancorp1.04%14.16%1.04%
2PNC Financial Services Group Inc/The1.03%14.94%1.03%
3Truist Financial Corp0.78%9.38%0.78%
4Fifth Third Bancorp0.54%6.39%0.54%
5Huntington Bancshares Inc/OH0.40%4.50%0.40%
6M&T Bank Corp0.40%4.55%0.40%
7Citizens Financial Group Inc0.34%4.61%0.34%
8Regions Financial Corp0.30%4.18%0.30%
9KeyCorp0.24%3.44%0.24%
10East West Bancorp Inc0.21%2.87%0.21%
11First Citizens BancShares Inc/NC0.20%3.14%0.20%
12Pinnacle Financial Partners Inc0.18%2.46%0.18%

Only in FNCL

353 total
  • JPMorgan Chase & Co10.10%
  • Berkshire Hathaway Inc7.72%
  • Visa Inc6.59%
  • Mastercard Inc5.04%
  • Bank of America Corp4.34%
  • Goldman Sachs Group Inc/The3.28%
  • Wells Fargo & Co3.06%
  • Citigroup Inc2.71%
  • Morgan Stanley2.68%
  • American Express Co2.11%

Only in IAT

0 total

Every 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 methodologyand 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.