ETF comparison

FNCL vs KBE

Both Financials.

Fidelity MSCI Financials Index ETF · State Street SPDR S&P Bank ETF

Holdings overlap

Weighted by ISIN/CUSIP
16.4 %

101 positions appear in both funds. Buying equal dollars of FNCL and KBE would leave roughly 16.4% of each dollar exposed to the same underlying securities.

FNCL only 83.6% Shared 16.4% KBE only 83.5%
In FNCL only
283 positions
Shared
101 positions
In KBE only
1 positions

Side by side

FNCL

Fidelity MSCI Financials Index ETF

Fidelity · Financials

78 composite / 100
Expense ratio
0.084%
Net assets
$2.23B
TTM yield
1.56%
Top-10 conc.
47.6%
KBE

State Street SPDR S&P Bank ETF

State Street · Financials

73 composite / 100
Expense ratio
0.35%
Net assets
$1.48B
TTM yield
2.11%
Top-10 conc.
11.0%

Sub-score comparison

92
Cost
65
82
Tax efficiency
81
72
Liquidity
64
46
Concentration
99
Tracking quality
FNCL sub-score KBE

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

FNCL is 27 bps cheaper than KBE. On a $100,000 position that's about $266/yr more in fees for KBE.

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 KBE.

Top shared holdings

101 shared in total
# Holding In FNCL In KBE Overlap
1 Citigroup Inc 2.71% 1.03% 1.03%
2 Wells Fargo & Co 3.06% 1.03% 1.03%
3 JPMorgan Chase & Co 10.10% 1.02% 1.02%
4 Bank of New York Mellon Corp/The 1.09% 1.01% 1.01%
5 PNC Financial Services Group Inc/The 1.03% 1.01% 1.01%
6 Bank of America Corp 4.34% 1.00% 1.00%
7 US Bancorp 1.04% 0.99% 0.99%
8 Truist Financial Corp 0.78% 1.00% 0.78%
9 Apollo Global Management Inc 0.66% 1.04% 0.66%
10 Fifth Third Bancorp 0.54% 1.02% 0.54%
11 Huntington Bancshares Inc/OH 0.40% 0.99% 0.40%
12 M&T Bank Corp 0.40% 1.01% 0.40%

Only in FNCL

283 total
  • Berkshire Hathaway Inc 7.72%
  • Visa Inc 6.59%
  • Mastercard Inc 5.04%
  • Goldman Sachs Group Inc/The 3.28%
  • Morgan Stanley 2.68%
  • American Express Co 2.11%
  • Blackrock Inc 1.86%
  • Charles Schwab Corp/The 1.83%
  • S&P Global Inc 1.58%
  • Chubb Ltd 1.45%

Only in KBE

1 total
  • State Street Global Advisors 0.03%

Open FNCL or KBE 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.