

Fidelity MSCI Financials Index ETF offers a lower expense ratio of 0.08% compared to 0.35% for State Street SPDR S&P Regional Banking ETF. State Street SPDR S&P Regional Banking ETF focuses exclusively on regional banks, whereas Fidelity MSCI Financials Index ETF provides broader financial sector exposure.

Buska Wealth Management LLC acquired a new stake in Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,246 shares of the company's stock, valued at approximately $776,000. Several other institutional investors and hedge funds


Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL - Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 131,632 shares, a growth of 97.9% from the August 31st total of 66,518 shares. Currently, 0.4% of the company's stock are short sold. Based

Designed to provide broad exposure to the Financials - Broad segment of the equity market, the Fidelity MSCI Financials Index ETF (FNCL) is a passively managed exchange traded fund launched on October 21, 2013.

Both ETFs carry an identical 0.08% expense ratio, but XLF offers a substantially higher assets under management (AUM). FNCL offers broader diversification, with around 400 holdings, compared to just 76 positions for XLF.

The Fidelity MSCI Financials Index ETF (FNCL) charges a rock-bottom expense ratio of 0.08%, versus 0.60% for the First Trust Nasdaq Bank ETF (FTXO). FTXO focuses exclusively on the banking industry, while FNCL spreads its bets across the broader financial sector -- including insurers, asset managers, and payment companies.

One fund spans insurance and payment processors, while the other focuses exclusively on regional lenders. Which strategy fits your portfolio?