Screener
FMKT vs FNCL
The Free Markets ETF vs Fidelity MSCI Financials Index ETF
Key differences
Both FMKT and FNCL are equity ETFs. FMKT charges 0.76% a year and FNCL 0.08%. The main difference: FMKT follows a active selection strategy; FNCL uses index tracking.
- FMKT follows a active selection strategy; FNCL uses index tracking.
- FNCL costs 0.68% less per year.
- FNCL is much larger than FMKT. Larger funds are usually more liquid and less likely to close.
- FNCL has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FMKT | FNCL | |
|---|---|---|
| Annual cost (TER) | 0.76% | 0.08% |
| Fund size (AUM) | $15M | $2.2B |
| Since | 2025 | 2013 |
| Dividend yield | — | 1.67% |
| Asset class | equity | equity |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +11.1% | +7.6% |
| CAGR 3Y | N/A | +19.9% |
| CAGR 5Y | N/A | +9.0% |
| Sharpe 3Y | N/A | 0.95 |
| Volatility 1Y | 19.76% | 15.04% |
| Max drawdown | -17.79% | -44.38% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.