FNCL vs. FCPI ETF Comparison

Comparison of Fidelity MSCI Financials Index ETF (FNCL) to Fidelity Stocks for Inflation ETF (FCPI)

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.94

Average Daily Volume

83,039

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

FCPI

Fidelity Stocks for Inflation ETF

FCPI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Stocks for Inflation Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Stocks for Inflation Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles and positive momentum signals, emphasizing industries that tend to outperform in inflationary environments.

Grade (RS Rating)

Last Trade

$40.97

Average Daily Volume

23,150

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FNCL	FCPI
30 Days	3.90%	-0.10%
60 Days	4.54%	2.60%
90 Days	6.99%	6.76%
12 Months	25.66%	25.36%

13 Overlapping Holdings

Symbol	Grade	Weight in FNCL	Weight in FCPI	Overlap
ACGL	D	0.52%	0.52%	0.52%
BRK.A	C	8.12%	1.4%	1.4%
COF	B	0.81%	0.5%	0.5%
COOP	C	0.09%	0.53%	0.09%
DFS	C	0.51%	0.57%	0.51%
EG	D	0.24%	0.43%	0.24%
ESNT	B	0.1%	0.45%	0.1%
FCNCA	B	0.3%	0.52%	0.3%
MA	C	5.17%	0.83%	0.83%
MTG	B	0.1%	0.48%	0.1%
RDN	B	0.08%	0.49%	0.08%
SYF	C	0.3%	0.55%	0.3%
V	D	5.81%	0.9%	0.9%

FNCL Overweight 360 Positions Relative to FCPI

Symbol	Grade	Weight
JPM	B	8.63%
BAC	C	4.19%
WFC	C	3.03%
GS	B	2.3%
SPGI	A	2.22%
AXP	A	2.0%
MS	B	1.81%
BLK	A	1.8%
PGR	B	1.79%
C	B	1.77%
CB	A	1.56%
MMC	A	1.52%
BX	B	1.43%
SCHW	F	1.42%
ICE	A	1.22%
KKR	B	1.04%
MCO	A	1.04%
PNC	B	1.02%
CME	F	1.02%
USB	B	1.0%
AON	B	0.91%
AJG	A	0.87%
TFC	B	0.84%
PYPL	C	0.82%
AFL	A	0.74%
AIG	C	0.74%
BK	A	0.7%
APO	C	0.69%
TRV	B	0.69%
MET	B	0.67%
PRU	B	0.64%
COIN	C	0.64%
ALL	A	0.63%
FIS	D	0.62%
AMP	D	0.62%
MSCI	B	0.6%
HIG	A	0.47%
SQ	F	0.47%
WTW	A	0.41%
MTB	B	0.41%
FITB	B	0.41%
ARES	B	0.38%
NDAQ	B	0.38%
GPN	D	0.37%
STT	B	0.36%
TROW	D	0.35%
BRO	A	0.34%
RJF	F	0.33%
HBAN	B	0.31%
RF	B	0.3%
MKL	C	0.3%
CBOE	B	0.28%
CINF	A	0.28%
CPAY	C	0.28%
CFG	B	0.28%
PFG	C	0.27%
NTRS	B	0.26%
WRB	B	0.24%
LPLA	F	0.23%
KEY	C	0.22%
L	B	0.22%
FDS	F	0.22%
RGA	A	0.21%
FNF	A	0.2%
EQH	B	0.2%
EWBC	C	0.18%
JKHY	B	0.18%
RNR	A	0.17%
ALLY	B	0.17%
IBKR	D	0.17%
TW	A	0.17%
CG	B	0.16%
HOOD	D	0.16%
ERIE	A	0.15%
FHN	C	0.14%
KNSL	B	0.14%
JEF	B	0.14%
TOST	C	0.13%
ORI	A	0.13%
MORN	B	0.13%
EVR	B	0.13%
SF	B	0.13%
PRI	A	0.13%
AFG	B	0.13%
AIZ	B	0.13%
OWL	C	0.12%
MKTX	C	0.12%
WBS	C	0.12%
WAL	C	0.12%
GL	C	0.12%
UNM	A	0.12%
VOYA	F	0.11%
SSB	B	0.11%
WEX	D	0.11%
PNFP	B	0.11%
BPOP	B	0.11%
HLI	B	0.11%
ZION	C	0.11%
CBSH	B	0.11%
AGNC	B	0.1%
WTFC	C	0.1%
CFR	C	0.1%
SNV	B	0.1%
CMA	B	0.1%
SEIC	B	0.1%
SOFI	D	0.1%
CADE	C	0.09%
STWD	B	0.09%
RYAN	A	0.09%
JXN	B	0.09%
FAF	B	0.09%
OMF	C	0.09%
AFRM	F	0.09%
AXS	B	0.09%
ONB	B	0.09%
BEN	D	0.09%
PB	B	0.09%
HOMB	B	0.08%
SIGI	D	0.08%
HLNE	B	0.08%
LNC	B	0.08%
COLB	C	0.08%
AMG	B	0.08%
IVZ	B	0.08%
RLI	A	0.08%
FNB	B	0.08%
SLM	C	0.07%
UMBF	B	0.07%
AGO	C	0.07%
FFIN	C	0.07%
THG	A	0.07%
JHG	B	0.07%
HWC	C	0.07%
PIPR	B	0.07%
OZK	C	0.07%
GBCI	C	0.07%
UBSI	B	0.07%
CNO	B	0.06%
IBOC	C	0.06%
ABCB	C	0.06%
SFBS	B	0.06%
KMPR	B	0.06%
AX	C	0.06%
PFSI	C	0.06%
EEFT	F	0.06%
ESGR	B	0.06%
MC	C	0.06%
WTM	C	0.06%
CATY	C	0.05%
FHB	C	0.05%
AUB	C	0.05%
BGC	C	0.05%
WSFS	C	0.05%
TPG	B	0.05%
FULT	C	0.05%
VLY	C	0.05%
BHF	B	0.05%
UCBI	B	0.05%
WD	C	0.05%
FBP	B	0.05%
HASI	B	0.05%
ASB	C	0.05%
CACC	D	0.05%
FOUR	F	0.05%
VIRT	C	0.04%
WAFD	B	0.04%
TOWN	B	0.04%
TBBK	C	0.04%
PPBI	C	0.04%
FRME	C	0.04%
INDB	C	0.04%
SFNC	C	0.04%
FHI	C	0.04%
STEP	B	0.04%
FFBC	C	0.04%
BOH	C	0.04%
CVBF	C	0.04%
BXMT	C	0.04%
BKU	B	0.04%
PJT	B	0.04%
APAM	C	0.04%
BOKF	C	0.04%
PRK	C	0.04%
FIBK	C	0.04%
TCBI	C	0.04%
GNW	B	0.04%
CBU	B	0.04%
EBC	C	0.04%
NMIH	C	0.04%
WU	D	0.04%
STBA	B	0.03%
CASH	B	0.03%
LKFN	C	0.03%
BUSE	C	0.03%
NWBI	B	0.03%
EFSC	B	0.03%
DFIN	C	0.03%
UPST	D	0.03%
BANC	D	0.03%
FCF	C	0.03%
PRG	B	0.03%
CUBI	C	0.03%
FLYW	D	0.03%
STC	C	0.03%
TRMK	C	0.03%
RKT	C	0.03%
WSBC	C	0.03%
GSHD	B	0.03%
RNST	C	0.03%
BANR	C	0.03%
IBTX	C	0.03%
VCTR	C	0.03%
AGM	C	0.03%
HTLF	C	0.03%
OFG	C	0.03%
EVTC	C	0.03%
OSCR	C	0.03%
BANF	B	0.03%
MQ	F	0.03%
CNS	B	0.03%
ENVA	B	0.03%
SBCF	C	0.03%
NATL	C	0.03%
PLMR	B	0.03%
NBTB	C	0.03%
PFS	C	0.03%
ABR	D	0.03%
SNEX	B	0.03%
EFC	B	0.02%
GABC	C	0.02%
PFC	C	0.02%
EIG	B	0.02%
OCFC	C	0.02%
LC	B	0.02%
LMND	C	0.02%
SRCE	B	0.02%
BHLB	B	0.02%
PEBO	C	0.02%
SAFT	B	0.02%
NBHC	C	0.02%
PMT	C	0.02%
TRUP	B	0.02%
NIC	C	0.02%
VBTX	C	0.02%
ACT	B	0.02%
SKWD	B	0.02%
SASR	C	0.02%
HMN	C	0.02%
WABC	C	0.02%
FRHC	C	0.02%
LOB	C	0.02%
QCRH	B	0.02%
NAVI	C	0.02%
TCBK	C	0.02%
SPNT	A	0.02%
ARI	C	0.02%
NNI	B	0.02%
LADR	B	0.02%
RC	C	0.02%
SYBT	C	0.02%
CODI	C	0.02%
HTH	C	0.02%
CHCO	B	0.02%
FBNC	C	0.02%
HOPE	B	0.02%
FBK	B	0.02%
MCY	A	0.02%
VRTS	D	0.02%
HBT	C	0.01%
WRLD	D	0.01%
PAY	C	0.01%
CLBK	B	0.01%
PX	C	0.01%
AMTB	D	0.01%
HAFC	C	0.01%
SMBC	B	0.01%
GDOT	D	0.01%
CCBG	B	0.01%
HONE	C	0.01%
UFCS	C	0.01%
CTLP	B	0.01%
WASH	C	0.01%
SPFI	B	0.01%
MCB	C	0.01%
TIPT	C	0.01%
NFBK	C	0.01%
TRTX	C	0.01%
BHB	C	0.01%
GSBC	C	0.01%
UVE	C	0.01%
PRA	D	0.01%
FSBC	B	0.01%
EZPW	B	0.01%
CCB	B	0.01%
THFF	C	0.01%
KREF	B	0.01%
TRST	B	0.01%
EQBK	C	0.01%
AMBC	F	0.01%
NRDS	D	0.01%
FMNB	C	0.01%
LPRO	F	0.01%
CPF	B	0.01%
CAC	C	0.01%
TMP	C	0.01%
EGBN	D	0.01%
IIIV	B	0.01%
RBCAA	C	0.01%
TFSL	C	0.01%
CASS	D	0.01%
AMAL	C	0.01%
BFST	C	0.01%
BSIG	C	0.01%
IMXI	B	0.01%
CFFN	C	0.01%
MSBI	D	0.01%
FCBC	B	0.01%
FG	C	0.01%
HCI	D	0.01%
PFBC	C	0.01%
UWMC	B	0.01%
BFC	B	0.01%
MCBS	C	0.01%
FBMS	B	0.01%
AMK	B	0.01%
OSBC	C	0.01%
FMBH	B	0.01%
BRSP	D	0.01%
HTBK	C	0.01%
HFWA	B	0.01%
AMSF	C	0.01%
PRAA	C	0.01%
BY	C	0.01%
HBNC	C	0.01%
RPAY	D	0.01%
CFB	C	0.01%
CTBI	B	0.01%
DX	B	0.01%
DCOM	C	0.01%
BRKL	C	0.01%
SBSI	B	0.01%
CNNE	C	0.01%
CNOB	C	0.01%
RWT	C	0.01%
OBK	C	0.01%
CMTG	D	0.01%
MBWM	C	0.01%
ECPG	C	0.01%
IBCP	B	0.01%
UVSP	C	0.01%
MBIN	C	0.01%
AROW	C	0.0%
DGICA	B	0.0%
DHIL	B	0.0%
GCBC	C	0.0%
RILY	F	0.0%
CRD.B	C	0.0%
PGC	C	0.0%
HGTY	B	0.0%
KRNY	C	0.0%

FNCL Underweight 87 Positions Relative to FCPI

Symbol	Grade	Weight
MSFT	D	-5.38%
AAPL	C	-5.37%
NVDA	D	-5.14%
VST	D	-3.32%
LLY	D	-2.68%
PG	B	-2.23%
NFG	A	-2.21%
LNG	A	-2.14%
CHRD	D	-2.12%
CF	D	-2.01%
NUE	F	-1.96%
MPC	C	-1.96%
OHI	A	-1.95%
SWN	F	-1.94%
SPG	B	-1.88%
MO	A	-1.81%
PSA	B	-1.76%
CL	A	-1.74%
KMB	B	-1.72%
COKE	A	-1.7%
ABBV	A	-1.66%
UTHR	B	-1.63%
GOOGL	D	-1.61%
AMR	F	-1.6%
MEDP	D	-1.55%
VRTX	A	-1.43%
AMGN	B	-1.42%
REGN	A	-1.37%
MCK	A	-1.35%
AVGO	D	-1.34%
BRBR	D	-1.26%
HUM	D	-1.15%
CAH	B	-0.99%
CNC	B	-0.98%
META	C	-0.9%
MOH	C	-0.88%
WSM	C	-0.69%
RCL	C	-0.62%
BKNG	D	-0.61%
TOL	B	-0.59%
KBH	B	-0.58%
QCOM	D	-0.57%
MTH	B	-0.56%
HRB	A	-0.55%
TMHC	B	-0.55%
CRM	C	-0.54%
PHM	B	-0.54%
ADBE	B	-0.54%
AMAT	D	-0.52%
ALSN	A	-0.52%
ABNB	F	-0.51%
MLI	B	-0.49%
ACN	C	-0.48%
ADP	A	-0.47%
PCAR	F	-0.45%
CSCO	C	-0.45%
OC	B	-0.44%
IBM	B	-0.43%
NOW	B	-0.41%
PAYX	A	-0.41%
LRCX	F	-0.4%
KLAC	D	-0.4%
UFPI	B	-0.4%
ATKR	F	-0.37%
PLTR	C	-0.37%
BCC	C	-0.36%
ANET	C	-0.35%
BLDR	C	-0.35%
APP	D	-0.35%
PANW	C	-0.33%
DELL	D	-0.3%
CDNS	F	-0.29%
FICO	B	-0.28%
NFLX	D	-0.28%
CRWD	F	-0.24%
CTSH	B	-0.22%
SWKS	C	-0.22%
VZ	C	-0.18%
MANH	B	-0.17%
CMCSA	C	-0.17%
ZM	F	-0.17%
T	A	-0.16%
AKAM	C	-0.15%
DBX	D	-0.13%
QLYS	D	-0.13%
EA	B	-0.09%
NYT	B	-0.07%