Core Insights - The Fidelity MSCI Financials Index ETF (FNCL) is a passively managed ETF launched on October 21, 2013, designed to provide broad exposure to the financial sector of the equity market [1][3] - FNCL has amassed over $2.35 billion in assets, making it one of the larger ETFs in the Financials - Broad segment [3] - The ETF has a low expense ratio of 0.08% and a 12-month trailing dividend yield of 1.46% [4] Index Details - FNCL aims to match the performance of the MSCI USA IMI Financials Index before fees and expenses [3] - The MSCI USA IMI Financials 25/50 Index represents the performance of the financial sector in the U.S. equity market [3] Sector Exposure and Top Holdings - FNCL has a 100% allocation in the Financials sector, providing diversified exposure [5] - The top three holdings are Jpmorgan Chase + Co (8.82%), Berkshire Hathaway Inc (BRK.B), and Bank Of America Corp (BAC), with the top 10 holdings accounting for approximately 40.98% of total assets [6] Performance and Risk - FNCL has increased by about 11.49% year-to-date and approximately 22.65% over the past year as of September 10, 2025 [7] - The ETF has a beta of 1.03 and a standard deviation of 18.68% over the trailing three-year period, indicating medium risk [7] Alternatives - FNCL carries a Zacks ETF Rank of 3 (Hold), suggesting it is a reasonable option for investors seeking exposure to the Financials ETFs area [8] - Other alternatives include Vanguard Financials ETF (VFH) with $12.89 billion in assets and Financial Select Sector SPDR ETF (XLF) with $54.53 billion in assets [9]

Core Insights - The iShares U.S. Financials ETF (IYF) is a passively managed ETF launched on May 22, 2000, providing broad exposure to the Financials sector of the equity market [1][3] - The ETF has amassed over $3.97 billion in assets, making it one of the largest ETFs in its category [3] - IYF seeks to match the performance of the Dow Jones U.S. Financials Index before fees and expenses [3] Cost Structure - The annual operating expenses for IYF are 0.39%, which is competitive within its peer group [4] - The ETF has a 12-month trailing dividend yield of 1.28% [4] Sector Exposure and Holdings - Approximately 99.5% of IYF's portfolio is allocated to the Financials sector [5] - The largest holding is Berkshire Hathaway Inc Class B (BRK.B), accounting for about 11.34% of total assets, followed by Jpmorgan Chase & Co (JPM) and Bank Of America Corp (BAC) [6] - The top 10 holdings represent about 46.81% of total assets under management [6] Performance Metrics - As of August 18, 2025, IYF has returned approximately 11.54% year-to-date and 24.28% over the past year [7] - The fund has traded between $99.23 and $124.47 in the past 52 weeks [7] - IYF has a beta of 1.01 and a standard deviation of 18.77% over the trailing three-year period, indicating medium risk [7] Alternatives - IYF holds a Zacks ETF Rank of 2 (Buy), indicating strong potential based on expected returns, expense ratio, and momentum [8] - Other ETFs in the financial sector include Vanguard Financials ETF (VFH) and Financial Select Sector SPDR ETF (XLF), with VFH having $12.63 billion in assets and XLF having $52.72 billion [9]