ETF comparison
FNCL vs KBWB
Both Financials.
Holdings overlap
23 positions appear in both funds. Buying equal dollars of FNCL and KBWB would leave roughly 32.5% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
FNCL is 27 bps cheaper than KBWB. On a $100,000 position that's about $266/yr more in fees for KBWB.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FNCL vs KBWB.
Top shared holdings
23 shared in total| # | Holding | In FNCL | In KBWB | Overlap |
|---|---|---|---|---|
| 1 | JPMorgan Chase & Co | 10.10% | 7.36% | 7.36% |
| 2 | Bank of America Corp | 4.34% | 7.13% | 4.34% |
| 3 | Goldman Sachs Group Inc/The | 3.28% | 7.98% | 3.28% |
| 4 | Wells Fargo & Co | 3.06% | 7.28% | 3.06% |
| 5 | Citigroup Inc | 2.71% | 4.08% | 2.71% |
| 6 | Morgan Stanley | 2.68% | 7.53% | 2.68% |
| 7 | Capital One Financial Corp | 1.44% | 3.43% | 1.44% |
| 8 | Bank of New York Mellon Corp/The | 1.09% | 4.08% | 1.09% |
| 9 | US Bancorp | 1.04% | 4.28% | 1.04% |
| 10 | PNC Financial Services Group Inc/The | 1.03% | 4.27% | 1.03% |
| 11 | Truist Financial Corp | 0.78% | 4.07% | 0.78% |
| 12 | Fifth Third Bancorp | 0.54% | 5.97% | 0.54% |
Only in FNCL
361 total- Berkshire Hathaway Inc 7.72%
- Visa Inc 6.59%
- Mastercard Inc 5.04%
- American Express Co 2.11%
- Blackrock Inc 1.86%
- Charles Schwab Corp/The 1.83%
- S&P Global Inc 1.58%
- Chubb Ltd 1.45%
- Progressive Corp/The 1.40%
- CME Group Inc 1.23%
Only in KBWB
1 total- Invesco Government & Agency Portfolio 0.13%
Open FNCL or KBWB 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 methodology and 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.