Skip to Content
Morningstar

Fidelity MSCI Financials ETF FNCL

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FNCL

Will FNCL outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FNCL’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FNCL management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FNCL’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity MSCI Financials ETF's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FNCL

More FNCL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

8.42 136.3 Mil
Financial Services

Berkshire Hathaway Inc Class B

8.02 129.8 Mil
Financial Services

Visa Inc Class A

6.56 106.2 Mil
Financial Services

Mastercard Inc Class A

5.84 94.5 Mil
Financial Services

Bank of America Corp

4.12 66.7 Mil
Financial Services

Wells Fargo & Co

3.32 53.8 Mil
Financial Services

American Express Co

2.10 34.0 Mil
Financial Services

The Goldman Sachs Group Inc

2.08 33.7 Mil
Financial Services

S&P Global Inc

2.02 32.7 Mil
Financial Services

Progressive Corp

1.87 30.3 Mil
Financial Services