FNCLFidelity MSCI Financials Index ETF

Grow my money12y track recordRanked #205 of 2,960 in this goal

Seeks to provide investment returns that correspond to the performance of the MSCI USA IMI Financials 25/50 Index.

By Fidelity Investments · Launched 2013

Annual Cost

0.08%

#439 of 5,562 · low cost

Fund Size

$2.2B

#713 of 5,562 · large

Return (1Y)Goal

+9.7%

Track Record

12 years

#1,133 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,959+9.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Sector

Financials

Index tracked

MSCI USA IMI Financials 25/50 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 46.9% of fundmoderately concentrated

JPMorgan Chase & Co

9.7%

Berkshire Hathaway Inc

7.6%

Visa Inc

6.3%

Mastercard Inc

5.3%

Bank of America Corp

4.3%

Wells Fargo & Co

3.3%

Goldman Sachs Group Inc/The

3.3%

Morgan Stanley

2.5%

Citigroup Inc

2.4%

American Express Co

2.3%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Financial Services

96.9%

Technology

2.0%

Real Estate

0.7%

Industrials

0.2%

Healthcare

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

14.9%Moderate

Year-on-year price swings

Max drawdown

-44.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.95Decent risk-adjusted returns

Sortino (3Y)

1.36Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment returns that correspond to the performance of the MSCI USA IMI Financials 25/50 Index.
Strategy: Invests at least 80% of assets in securities included in the MSCI USA IMI Financials 25/50 Index, which represents the performance of the financial sector in the U.S. equity market. Uses representative sampling indexing strategy to manage the fund.
Inception date: October 21, 2013
Fund family: Fidelity Investments