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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

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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

8.54 138.0 Mil
Financial Services

Berkshire Hathaway Inc Class B

8.01 129.4 Mil
Financial Services

Visa Inc Class A

6.57 106.2 Mil
Financial Services

Mastercard Inc Class A

5.69 92.0 Mil
Financial Services

Bank of America Corp

4.05 65.4 Mil
Financial Services

Wells Fargo & Co

3.31 53.5 Mil
Financial Services

The Goldman Sachs Group Inc

2.20 35.5 Mil
Financial Services

American Express Co

2.07 33.4 Mil
Financial Services

S&P Global Inc

2.06 33.3 Mil
Financial Services

Progressive Corp

1.85 29.9 Mil
Financial Services