(FNCL) Fidelity MSCI Financials - Overview
Etf: Banks, Insurance, REITs, Financial Services
| Risk 5d forecast | |
|---|---|
| Volatility | 17.0% |
| Relative Tail Risk | 0.94% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.09 |
| Alpha | -13.23 |
| Character TTM | |
|---|---|
| Beta | 0.876 |
| Beta Downside | 1.092 |
| Drawdowns 3y | |
|---|---|
| Max DD | 17.29% |
| CAGR/Max DD | 1.04 |
Description: FNCL Fidelity MSCI Financials February 28, 2026
The Fidelity® MSCI Financials Index ETF (FNCL) allocates at least 80% of its assets to securities that track the MSCI USA IMI Financials 25/50 Index, which mirrors the performance of the U.S. financial sector. While the fund aims to reflect the index, it may not hold every constituent and is classified as a non-diversified ETF.
As of the latest Q1 2026 data, FNCL carries an expense ratio of 0.15% and manages roughly $1.2 billion in assets. Its top holdings include JPMorgan Chase, Bank of America, and Wells Fargo, together representing about 30% of the portfolio. The financial sector has benefited from a stable Federal Reserve policy rate of 5.25%, supporting net interest margins, and the ETF’s dividend yield stands near 2.3%.
For a deeper dive into how FNCL fits into a broader value-focused strategy, consider exploring ValueRay’s research tools.
Headlines to watch out for
- Interest rate hikes boost bank net interest margins
- Economic recession increases loan defaults and credit losses
- Regulatory changes impact financial institution profitability
- Geopolitical instability affects global financial markets
What is the price of FNCL shares?
Over the past week, the price has changed by -1.42%, over one month by -7.39%, over three months by -10.08% and over the past year by +3.00%.
Is FNCL a buy, sell or hold?
What are the forecasts/targets for the FNCL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |