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FNCL vs FDEV

Fidelity MSCI Financials Index ETF vs Fidelity International Multifactor ETF

FNCL

Fidelity MSCI Financials Index ETF

Annual cost

0.08%

Fund size

$2.2B

FDEV

Fidelity International Multifactor ETF

Annual cost

0.18%

Fund size

$269M

Key differences

Both FNCL and FDEV are equity ETFs. FNCL charges 0.08% a year and FDEV 0.18%. The main difference: FNCL covers North America; FDEV covers global markets excluding the US.

  • FNCL covers North America; FDEV covers global markets excluding the US.
  • FNCL costs 0.10% less per year.
  • FNCL is much larger than FDEV. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FNCL has delivered higher annualized returns.
  • FNCL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FNCLFDEV
Annual cost (TER)0.08%0.18%
Fund size (AUM)$2.2B$269M
Since20132019
Dividend yield1.67%2.78%
Asset classequityequity
Regionnorth americaglobal ex us
Strategyindex trackingindex tracking
CAGR 1Y+7.6%+16.7%
CAGR 3Y+19.9%+15.5%
CAGR 5Y+9.0%+7.3%
Sharpe 3Y0.950.92
Volatility 1Y15.04%12.03%
Max drawdown-44.38%-30.11%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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