Fidelity MSCI Financials Index ETF

Frequently Asked Questions About FNCL

What does FNCL invest in?

This ETF aims to replicate the investment results of the MSCI USA IMI Financials 25/50 Index.

What is the expense ratio of FNCL?

Fidelity MSCI Financials Index ETF (FNCL) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FNCL?

Fidelity MSCI Financials Index ETF (FNCL) manages $2.40B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FNCL actively managed or an index fund?

FNCL is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FNCL's is 0.08%) because there's no security selection cost.

When was FNCL launched?

Fidelity MSCI Financials Index ETF (FNCL) launched in October 2013 and is managed by Fidelity.

How has FNCL performed?

FNCL's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.