ETF comparison

FNCLvsXLF

Both Financials.

Fidelity MSCI Financials Index ETF · State Street Financial Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
85.4%

76 positions appear in both funds. Buying equal dollars of FNCL and XLF would leave roughly85.4%of each dollar exposed to the same underlying securities.

FNCL only 14.5%Shared 85.4%XLF only 14.4%
In FNCL only
308 positions
Shared
76 positions
In XLF only
1 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%
XLF

State Street Financial Select Sector SPDR ETF

State Street · Financials

83composite / 100
Expense ratio
0.080%
Net assets
$54.59B
TTM yield
1.42%
Top-10 conc.
57.6%

Sub-score comparison

92
Cost
92
82
Tax efficiency
83
73
Liquidity
100
46
Concentration
32
Tracking quality
FNCLsub-scoreXLF

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

Expense ratios are effectively identical (0.084% vs 0.080%).

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 XLF.

Top shared holdings

76 shared in total
#HoldingIn FNCLIn XLFOverlap
1JPMorgan Chase & Co10.10%11.55%10.10%
2Berkshire Hathaway Inc7.72%12.08%7.72%
3Visa Inc6.59%7.50%6.59%
4Mastercard Inc5.04%5.46%5.04%
5Bank of America Corp4.34%4.90%4.34%
6Goldman Sachs Group Inc/The3.28%3.93%3.28%
7Wells Fargo & Co3.06%3.33%3.06%
8Citigroup Inc2.71%3.14%2.71%
9Morgan Stanley2.68%3.30%2.68%
10American Express Co2.11%2.37%2.11%
11Charles Schwab Corp/The1.83%1.99%1.83%
12Blackrock Inc1.86%1.83%1.83%

Only in FNCL

308 total
  • LPL Financial Holdings Inc0.32%
  • Markel Group Inc0.26%
  • State Street Global Advisors0.25%
  • SoFi Technologies Inc0.24%
  • Affirm Holdings Inc0.21%
  • East West Bancorp Inc0.21%
  • First Citizens BancShares Inc/NC0.20%
  • Annaly Capital Management Inc0.18%
  • Pinnacle Financial Partners Inc0.18%
  • RenaissanceRe Holdings Ltd0.17%

Only in XLF

1 total
  • State Street Global Advisors0.01%

Open FNCL or XLF 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.