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FNCL - AI Analysis
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Fidelity MSCI Financials Index ETF (FNCL)
Rating:72Outperform
Price Target:
$83.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as JPMorgan Chase and Citigroup, have delivered strong year-to-date gains, supporting overall performance.
Low Expense Ratio
The ETF has a very low expense ratio compared to industry averages, allowing investors to keep more of their returns.
Sector Focus on Financials
The ETF’s heavy exposure to the financial sector benefits from strong performance in key holdings like Goldman Sachs and Bank of America.
Negative Factors
High Sector Concentration
With nearly 96% of the portfolio in financials, the ETF is highly exposed to risks specific to this sector.
Limited Geographic Diversification
The ETF is almost entirely focused on U.S. companies, which limits exposure to international markets and diversification.
Recent Short-Term Weakness
The ETF has shown negative performance over the past month and flat returns over the last three months, indicating potential short-term challenges.
FNCL vs. SPDR S&P 500 ETF (SPY)
AUM2.39B
RegionNorth America
Expense Ratio0.08%
Beta0.94
IssuerFidelity
Inception DateOct 21, 2013
Dividend Yield1.5%
Asset ClassEquity
Index TrackedMSCI USA IMI Financials 25/50 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume114,584
30 Day Avg. Volume96,989
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
87.48Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering388
FNCL Summary
The Fidelity MSCI Financials Index ETF (FNCL) is an investment fund that focuses on the financial sector, tracking the MSCI USA IMI Financials Index. It includes a mix of U.S. companies like JPMorgan Chase and Berkshire Hathaway, covering banks, insurance firms, and other financial businesses. Investors might consider FNCL for diversification within the financial industry or to benefit from potential growth during periods of economic expansion. However, since it is heavily focused on financial stocks, its performance can be significantly affected by changes in interest rates or economic downturns.
How much will it cost me?The Fidelity MSCI Financials Index ETF (FNCL) has an expense ratio of 0.084%, meaning you’ll pay $0.84 per year for every $1,000 invested. This is lower than average because it’s passively managed, tracking an index rather than relying on active stock selection.
What would affect this ETF?FNCL's performance could benefit from rising interest rates, which often increase profitability for banks and financial institutions, as well as economic growth that boosts demand for financial services. However, it may face challenges from regulatory changes in the financial sector or economic downturns that reduce consumer spending and lending activity. Its focus on U.S. financial stocks, including major players like JPMorgan Chase and Berkshire Hathaway, makes it sensitive to domestic economic conditions and sector-specific trends.
FNCL Top 10 Holdings
The Fidelity MSCI Financials Index ETF (FNCL) leans heavily into the financial sector, with big names like JPMorgan Chase and Goldman Sachs driving its performance. While Goldman Sachs is rising thanks to strong earnings and strategic growth initiatives, JPMorgan is losing steam amid technical challenges and credit cost concerns. Berkshire Hathaway offers steady support with its solid balance sheet, while Visa and Mastercard show mixed signals, with high valuations tempering their growth potential. With nearly all holdings rooted in U.S. financials, this fund is a concentrated bet on the sector’s resilience and economic recovery.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| JPMorgan Chase | 9.75% | $233.12M | $839.66B | 36.99% | 70 Outperform | |
| Berkshire Hathaway B | 7.63% | $182.43M | $1.04T | 5.90% | 69 Neutral | |
| Visa | 6.87% | $164.14M | $668.34B | 23.07% | 82 Outperform | |
| Mastercard | 5.65% | $135.13M | $511.61B | 11.78% | 80 Outperform | |
| Bank of America | 4.38% | $104.60M | $391.61B | 24.31% | 66 Neutral | |
| Wells Fargo | 3.24% | $77.35M | $278.38B | 33.08% | 66 Neutral | |
| Goldman Sachs Group | 2.80% | $66.87M | $239.78B | 51.08% | 71 Outperform | |
| American Express | 2.34% | $55.85M | $248.70B | 33.50% | 81 Outperform | |
| Morgan Stanley | 2.30% | $54.90M | $263.73B | 38.48% | 74 Outperform | |
| Citigroup | 2.15% | $51.32M | $186.65B | 56.73% | 67 Neutral |
FNCL Technical Analysis
Negative
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Price Trends
75.65
Negative
74.53
Negative
71.91
Positive
Market Momentum
-0.32
Positive
41.50
Neutral
60.24
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FNCL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 74.98, equal to the 50-day MA of 75.65, and equal to the 200-day MA of 71.91, indicating a neutral trend. The MACD of -0.32 indicates Positive momentum. The RSI at 41.50 is Neutral, neither overbought nor oversold. The STOCH value of 60.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FNCL.
FNCL Peer Comparison
Comparison Results
Performance Comparison
FNCL
Fidelity MSCI Financials Index ETF
73.76
8.17
12.46%
KBWB
Invesco KBW Bank ETF
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IYF
iShares U.S. Financials ETF
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FXO
First Trust Financials AlphaDEX Fund
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IYG
iShares US Financial Services ETF
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KBE
SPDR S&P Bank ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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