ETF comparison

FNCL vs XLF

Both Financials.

Fidelity MSCI Financials Index ETF · State Street Financial Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
86.0 %

76 positions appear in both funds. Buying equal dollars of FNCL and XLF would leave roughly 86.0% of each dollar exposed to the same underlying securities.

FNCL only 13.9% Shared 86.0% XLF only 13.8%
In FNCL only
308 positions
Shared
76 positions
In XLF only
1 positions

Side by side

FNCL

Fidelity MSCI Financials Index ETF

Fidelity · Financials

78 composite / 100
Expense ratio
0.084%
Net assets
$2.23B
TTM yield
1.56%
Top-10 conc.
47.6%
XLF

State Street Financial Select Sector SPDR ETF

State Street · Financials

83 composite / 100
Expense ratio
0.080%
Net assets
$51.35B
TTM yield
1.43%
Top-10 conc.
56.3%

Sub-score comparison

92
Cost
92
82
Tax efficiency
83
72
Liquidity
100
46
Concentration
34
Tracking quality
FNCL sub-score XLF

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

Expense ratios are effectively identical (0.084% vs 0.080%).

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 XLF.

Top shared holdings

76 shared in total
# Holding In FNCL In XLF Overlap
1 JPMorgan Chase & Co 10.10% 11.24% 10.10%
2 Berkshire Hathaway Inc 7.72% 12.46% 7.72%
3 Visa Inc 6.59% 7.20% 6.59%
4 Mastercard Inc 5.04% 5.77% 5.04%
5 Bank of America Corp 4.34% 4.59% 4.34%
6 Goldman Sachs Group Inc/The 3.28% 3.60% 3.28%
7 Wells Fargo & Co 3.06% 3.49% 3.06%
8 Citigroup Inc 2.71% 2.81% 2.71%
9 Morgan Stanley 2.68% 2.81% 2.68%
10 American Express Co 2.11% 2.30% 2.11%
11 Blackrock Inc 1.86% 1.97% 1.86%
12 Charles Schwab Corp/The 1.83% 2.23% 1.83%

Only in FNCL

308 total
  • LPL Financial Holdings Inc 0.32%
  • Markel Group Inc 0.26%
  • State Street Global Advisors 0.25%
  • SoFi Technologies Inc 0.24%
  • Affirm Holdings Inc 0.21%
  • East West Bancorp Inc 0.21%
  • First Citizens BancShares Inc/NC 0.20%
  • Annaly Capital Management Inc 0.18%
  • Pinnacle Financial Partners Inc 0.18%
  • RenaissanceRe Holdings Ltd 0.17%

Only in XLF

1 total
  • State Street Global Advisors 0.02%

Open FNCL or XLF 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.