FNCL - ETF AI Analysis
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Fidelity MSCI Financials Index ETF (FNCL)
Rating:72Outperform
Price Target:―
Positive Factors
Recent Performance Momentum
The ETF has shown steady gains over the past month and quarter, suggesting positive recent momentum in its financial holdings.
Strong Contributions from Key Banks
Several major bank holdings, such as JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, and Citigroup, have delivered strong year-to-date results, helping support the fund’s overall performance.
Low Expense Ratio
The fund’s relatively low expense ratio means investors keep more of the returns generated by the underlying financial stocks.
Negative Factors
High Sector Concentration
With the vast majority of assets in the financial sector, the ETF is heavily exposed to downturns specific to banks, insurers, and other financial companies.
Limited Geographic Diversification
Almost all of the fund’s holdings are in U.S. companies, so investors get little protection from strength in other regions if the U.S. market weakens.
Mixed Performance Among Top Holdings
Some large positions, including Berkshire Hathaway, Mastercard, Wells Fargo, and American Express, have shown weaker year-to-date performance, which can offset gains from stronger names in the portfolio.
FNCL vs. SPDR S&P 500 ETF (SPY)
AUM2.38B
RegionNorth America
Expense Ratio0.08%
Beta0.92
IssuerFidelity
Inception DateOct 21, 2013
Dividend Yield1.56%
Asset ClassEquity
Index TrackedMSCI USA IMI Financials 25/50 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume86,583
30 Day Avg. Volume102,774
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
90.27Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering384
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FNCL Summary
The Fidelity MSCI Financials Index ETF (FNCL) is a fund that focuses on U.S. financial companies by tracking the MSCI USA IMI Financials 25/50 Index. It holds a wide mix of banks, credit card companies, and other financial firms, including well-known names like JPMorgan Chase and Berkshire Hathaway. Someone might invest in FNCL to bet on the growth of the financial sector and to diversify across many different financial stocks instead of picking just one. A key risk is that it is heavily tied to financial companies, so its value can rise or fall sharply with changes in interest rates and the overall economy.
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
FNCL is essentially a bet on big U.S. financials, with heavyweight banks and payment networks steering the ship. JPMorgan and Bank of America have been rising, giving the fund a solid lift, while Goldman Sachs and Morgan Stanley add more momentum from the investment banking side. On the payments front, Visa is steady to rising, but Mastercard looks more mixed, losing a bit of steam this year. Berkshire Hathaway sits in the background as a stabilizer. Overall, it’s a concentrated U.S. financials play, with performance driven by the largest money-center banks and card networks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| JPMorgan Chase | 10.40% | $247.16M | $940.11B | 21.57% | 72 Outperform | |
| Berkshire Hathaway B | 7.84% | $186.16M | $989.59B | 8.18% | 66 Neutral | |
| Visa | 6.81% | $161.72M | $651.67B | 7.89% | 70 Outperform | |
| Mastercard | 5.23% | $124.16M | $510.40B | 2.36% | 75 Outperform | |
| Bank of America | 4.63% | $110.06M | $438.07B | 35.68% | 72 Outperform | |
| Goldman Sachs Group | 3.34% | $79.40M | $302.34B | 43.52% | 73 Outperform | |
| Wells Fargo | 2.89% | $68.75M | $258.34B | 11.15% | 80 Outperform | |
| Morgan Stanley | 2.75% | $65.38M | $331.32B | 51.28% | 76 Outperform | |
| Citigroup | 2.49% | $59.27M | $226.92B | 44.23% | 68 Neutral | |
| American Express | 1.98% | $47.11M | $227.93B | 14.26% | 80 Outperform |
FNCL Technical Analysis
Positive
―
Price Trends
77.11
Positive
74.48
Positive
74.65
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FNCL, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 80.23, equal to the 50-day MA of 77.11, and equal to the 200-day MA of 74.65, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FNCL.
FNCL Peer Comparison
Comparison Results
Performance Comparison
FNCL
Fidelity MSCI Financials Index ETF
81.06
8.53
11.76%
KBWB
Invesco KBW Bank ETF
―
―
―
IYF
iShares U.S. Financials ETF
―
―
―
IYG
iShares US Financial Services ETF
―
―
―
KBE
SPDR S&P Bank ETF
―
―
―
FXO
First Trust Financials AlphaDEX Fund
―
―
―
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.
DisclaimerThis 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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