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Fidelity MSCI Financials ETF FNCL

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FNCL

Will FNCL outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FNCL’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FNCL management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FNCL’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity MSCI Financials ETF's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FNCL

More FNCL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

8.92 143.7 Mil
Financial Services

Berkshire Hathaway Inc Class B

7.91 127.5 Mil
Financial Services

Visa Inc Class A

6.33 102.0 Mil
Financial Services

Mastercard Inc Class A

5.56 89.5 Mil
Financial Services

Bank of America Corp

4.32 69.6 Mil
Financial Services

Wells Fargo & Co

3.20 51.5 Mil
Financial Services

The Goldman Sachs Group Inc

2.26 36.5 Mil
Financial Services

S&P Global Inc

2.14 34.5 Mil
Financial Services

American Express Co

2.02 32.5 Mil
Financial Services

Citigroup Inc

1.84 29.7 Mil
Financial Services