VFH vs. FNCL ETF Comparison

Comparison of Vanguard Financials ETF - DNQ (VFH) to Fidelity MSCI Financials Index ETF (FNCL)

VFH

Vanguard Financials ETF - DNQ

VFH Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Financials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the financials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$123.25

Average Daily Volume

331,396

Number of Holdings ^*

381

* may have additional holdings in another (foreign) market

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

$71.68

Average Daily Volume

112,716

Number of Holdings ^*

380

* may have additional holdings in another (foreign) market

Performance

Period	VFH	FNCL
30 Days	7.44%	7.55%
60 Days	11.88%	11.91%
90 Days	14.68%	14.78%
12 Months	47.35%	47.47%

368 Overlapping Holdings

	Symbol	Grade	Weight in VFH	Weight in FNCL	Overlap
	ABCB	B	0.05%	0.06%	0.05%
	ABR	C	0.04%	0.03%	0.03%
	ACGL	C	0.49%	0.46%	0.46%
	AFG	A	0.12%	0.13%	0.12%
	AFL	B	0.76%	0.74%	0.74%
	AFRM	A	0.14%	0.16%	0.14%
	AGM	B	0.02%	0.03%	0.02%
	AGNC	C	0.09%	0.08%	0.08%
	AGO	B	0.06%	0.06%	0.06%
	AIG	B	0.67%	0.63%	0.63%
	AIZ	A	0.13%	0.15%	0.13%
	AJG	A	0.82%	0.8%	0.8%
	ALL	A	0.66%	0.64%	0.64%
	ALLY	C	0.13%	0.12%	0.12%
	AMAL	B	0.01%	0.01%	0.01%
	AMBC	C	0.01%	0.01%	0.01%
	AMG	B	0.08%	0.07%	0.07%
	AMP	A	0.68%	0.69%	0.68%
	AMSF	B	0.01%	0.01%	0.01%
	AMTB	B	0.01%	0.01%	0.01%
	AON	A	0.96%	0.91%	0.91%
	APAM	B	0.04%	0.04%	0.04%
	APO	B	0.76%	0.81%	0.76%
	ARES	A	0.42%	0.39%	0.39%
	ARI	C	0.02%	0.02%	0.02%
	AROW	B	0.01%	0.0%	0.0%
	ASB	B	0.05%	0.05%	0.05%
	AUB	B	0.05%	0.04%	0.04%
	AX	B	0.05%	0.05%	0.05%
	AXP	A	2.08%	2.05%	2.05%
	AXS	A	0.08%	0.09%	0.08%
	BAC	A	3.93%	4.0%	3.93%
	BANC	B	0.03%	0.03%	0.03%
	BANF	B	0.03%	0.03%	0.03%
	BANR	B	0.03%	0.03%	0.03%
	BEN	C	0.08%	0.08%	0.08%
	BFC	B	0.01%	0.01%	0.01%
	BFH	C	0.03%	0.01%	0.01%
	BFST	C	0.01%	0.01%	0.01%
	BGC	C	0.05%	0.05%	0.05%
	BHB	C	0.01%	0.01%	0.01%
	BHF	C	0.04%	0.04%	0.04%
	BHLB	B	0.02%	0.02%	0.02%
	BK	A	0.74%	0.71%	0.71%
	BKU	A	0.04%	0.04%	0.04%
	BLK	B	1.95%	1.93%	1.93%
	BOH	B	0.04%	0.04%	0.04%
	BOKF	B	0.04%	0.04%	0.04%
	BPOP	C	0.09%	0.09%	0.09%
	BRK.A	B	7.98%	7.67%	7.67%
	BRKL	B	0.01%	0.01%	0.01%
	BRO	B	0.34%	0.33%	0.33%
	BRSP	C	0.01%	0.01%	0.01%
	BSIG	A	0.01%	0.01%	0.01%
	BUSE	B	0.02%	0.02%	0.02%
	BX	A	1.6%	1.6%	1.6%
	BXMT	C	0.04%	0.04%	0.04%
	BY	B	0.01%	0.01%	0.01%
	C	A	1.63%	1.61%	1.61%
	CAC	C	0.01%	0.01%	0.01%
	CACC	D	0.04%	0.04%	0.04%
	CADE	B	0.08%	0.08%	0.08%
	CASH	B	0.02%	0.02%	0.02%
	CASS	C	0.01%	0.01%	0.01%
	CATY	B	0.04%	0.04%	0.04%
	CB	C	1.46%	1.37%	1.37%
	CBOE	C	0.3%	0.26%	0.26%
	CBSH	B	0.1%	0.11%	0.1%
	CBU	B	0.04%	0.04%	0.04%
	CCB	A	0.01%	0.01%	0.01%
	CCBG	B	0.01%	0.01%	0.01%
	CFB	B	0.01%	0.01%	0.01%
	CFFN	C	0.01%	0.01%	0.01%
	CFG	B	0.26%	0.27%	0.26%
	CFR	B	0.1%	0.1%	0.1%
	CG	B	0.16%	0.15%	0.15%
	CHCO	B	0.02%	0.02%	0.02%
	CINF	A	0.29%	0.29%	0.29%
	CMA	B	0.11%	0.11%	0.11%
	CME	B	1.08%	0.99%	0.99%
	CMTG	F	0.01%	0.01%	0.01%
	CNNE	B	0.01%	0.01%	0.01%
	CNO	B	0.05%	0.06%	0.05%
	CNOB	B	0.01%	0.01%	0.01%
	CNS	B	0.04%	0.03%	0.03%
	CODI	B	0.02%	0.02%	0.02%
	COF	C	0.83%	0.87%	0.83%
	COIN	C	0.46%	0.66%	0.46%
	COLB	B	0.08%	0.08%	0.08%
	COOP	B	0.08%	0.08%	0.08%
	CPAY	A	0.29%	0.31%	0.29%
	CPF	B	0.01%	0.01%	0.01%
	CTBI	B	0.01%	0.01%	0.01%
	CUBI	B	0.02%	0.02%	0.02%
	CVBF	A	0.04%	0.04%	0.04%
	DBRG	F	0.04%	0.03%	0.03%
	DCOM	B	0.01%	0.01%	0.01%
	DFIN	D	0.02%	0.02%	0.02%
	DFS	B	0.5%	0.54%	0.5%
	DGICA	A	0.0%	0.0%	0.0%
	DHIL	B	0.01%	0.0%	0.0%
	DX	B	0.01%	0.01%	0.01%
	EBC	B	0.04%	0.04%	0.04%
	ECPG	C	0.01%	0.01%	0.01%
	EEFT	B	0.06%	0.06%	0.06%
	EFC	C	0.01%	0.01%	0.01%
	EFSC	B	0.03%	0.03%	0.03%
	EG	C	0.21%	0.2%	0.2%
	EGBN	B	0.01%	0.01%	0.01%
	EIG	B	0.02%	0.02%	0.02%
	ENVA	B	0.03%	0.03%	0.03%
	EQBK	B	0.01%	0.01%	0.01%
	EQH	C	0.2%	0.19%	0.19%
	ERIE	D	0.15%	0.13%	0.13%
	ESGR	B	0.05%	0.05%	0.05%
	ESNT	F	0.09%	0.07%	0.07%
	EVR	B	0.13%	0.14%	0.13%
	EVTC	B	0.03%	0.03%	0.03%
	EWBC	A	0.18%	0.18%	0.18%
	EZPW	B	0.01%	0.01%	0.01%
	FAF	A	0.09%	0.08%	0.08%
	FBK	C	0.02%	0.03%	0.02%
	FBMS	B	0.01%	0.01%	0.01%
	FBNC	B	0.02%	0.02%	0.02%
	FBP	C	0.04%	0.04%	0.04%
	FBRT	D	0.01%	0.01%	0.01%
	FCBC	C	0.01%	0.01%	0.01%
	FCF	B	0.02%	0.02%	0.02%
	FCNCA	A	0.26%	0.27%	0.26%
	FDS	B	0.23%	0.23%	0.23%
	FFBC	B	0.03%	0.03%	0.03%
	FFIN	B	0.06%	0.06%	0.06%
	FHB	B	0.04%	0.05%	0.04%
	FHI	B	0.04%	0.04%	0.04%
	FHN	A	0.13%	0.14%	0.13%
	FI	A	1.55%	1.53%	1.53%
	FIBK	B	0.04%	0.04%	0.04%
	FIS	C	0.67%	0.61%	0.61%
	FITB	B	0.4%	0.4%	0.4%
	FLYW	B	0.03%	0.03%	0.03%
	FMBH	B	0.01%	0.01%	0.01%
	FMNB	B	0.01%	0.01%	0.01%
	FNB	A	0.07%	0.08%	0.07%
	FNF	B	0.21%	0.19%	0.19%
	FOUR	A	0.07%	0.07%	0.07%
	FRHC	B	0.03%	0.03%	0.03%
	FRME	B	0.03%	0.03%	0.03%
	FULT	A	0.04%	0.04%	0.04%
	GABC	B	0.02%	0.02%	0.02%
	GBCI	B	0.08%	0.08%	0.08%
	GDOT	D	0.01%	0.01%	0.01%
	GL	C	0.13%	0.13%	0.13%
	GNW	A	0.04%	0.04%	0.04%
	GPN	B	0.35%	0.37%	0.35%
	GS	A	2.23%	2.35%	2.23%
	GSBC	C	0.01%	0.01%	0.01%
	GSHD	A	0.03%	0.04%	0.03%
	HAFC	B	0.01%	0.01%	0.01%
	HASI	D	0.05%	0.04%	0.04%
	HBAN	A	0.3%	0.32%	0.3%
	HBNC	B	0.01%	0.01%	0.01%
	HCI	C	0.01%	0.01%	0.01%
	HFWA	C	0.01%	0.01%	0.01%
	HIG	B	0.44%	0.43%	0.43%
	HLI	A	0.12%	0.12%	0.12%
	HLNE	B	0.09%	0.09%	0.09%
	HMN	B	0.02%	0.02%	0.02%
	HOMB	A	0.07%	0.07%	0.07%
	HONE	C	0.01%	0.01%	0.01%
	HOOD	B	0.17%	0.21%	0.17%
	HOPE	C	0.02%	0.02%	0.02%
	HTBK	B	0.01%	0.01%	0.01%
	HTH	C	0.02%	0.02%	0.02%
	HTLF	B	0.03%	0.04%	0.03%
	HWC	B	0.06%	0.06%	0.06%
	IBCP	B	0.01%	0.01%	0.01%
	IBKR	A	0.21%	0.22%	0.21%
	IBOC	B	0.05%	0.05%	0.05%
	IBTX	B	0.03%	0.03%	0.03%
	ICE	C	1.19%	1.11%	1.11%
	IIIV	C	0.01%	0.01%	0.01%
	IMXI	B	0.01%	0.01%	0.01%
	INDB	B	0.04%	0.04%	0.04%
	IVZ	B	0.08%	0.07%	0.07%
	JEF	A	0.14%	0.15%	0.14%
	JHG	B	0.07%	0.08%	0.07%
	JKHY	D	0.18%	0.16%	0.16%
	JPM	A	8.51%	8.6%	8.51%
	JXN	C	0.1%	0.09%	0.09%
	KEY	B	0.22%	0.23%	0.22%
	KKR	A	1.15%	1.16%	1.15%
	KMPR	A	0.05%	0.06%	0.05%
	KNSL	B	0.13%	0.13%	0.13%
	KREF	C	0.01%	0.01%	0.01%
	KRNY	C	0.01%	0.01%	0.01%
	L	A	0.2%	0.2%	0.2%
	LADR	B	0.02%	0.02%	0.02%
	LC	A	0.02%	0.02%	0.02%
	LKFN	C	0.02%	0.02%	0.02%
	LMND	B	0.02%	0.02%	0.02%
	LNC	C	0.08%	0.07%	0.07%
	LOB	C	0.02%	0.02%	0.02%
	LPLA	A	0.28%	0.29%	0.28%
	LPRO	B	0.01%	0.01%	0.01%
	MA	B	5.54%	5.35%	5.35%
	MBIN	F	0.01%	0.01%	0.01%
	MBWM	B	0.01%	0.01%	0.01%
	MC	C	0.06%	0.06%	0.06%
	MCB	B	0.01%	0.01%	0.01%
	MCO	B	1.0%	0.98%	0.98%
	MCY	A	0.03%	0.03%	0.03%
	MET	A	0.63%	0.63%	0.63%
	MKL	A	0.27%	0.28%	0.27%
	MKTX	D	0.15%	0.12%	0.12%
	MMC	B	1.44%	1.35%	1.35%
	MORN	B	0.12%	0.12%	0.12%
	MQ	D	0.03%	0.02%	0.02%
	MS	A	1.89%	2.0%	1.89%
	MSBI	B	0.01%	0.01%	0.01%
	MSCI	C	0.6%	0.59%	0.59%
	MTB	A	0.43%	0.44%	0.43%
	MTG	C	0.09%	0.08%	0.08%
	NATL	B	0.02%	0.03%	0.02%
	NAVI	F	0.02%	0.02%	0.02%
	NBHC	C	0.02%	0.02%	0.02%
	NBTB	B	0.03%	0.03%	0.03%
	NDAQ	A	0.43%	0.42%	0.42%
	NFBK	C	0.01%	0.01%	0.01%
	NIC	B	0.02%	0.02%	0.02%
	NMIH	C	0.04%	0.04%	0.04%
	NNI	D	0.02%	0.02%	0.02%
	NRDS	C	0.01%	0.01%	0.01%
	NTRS	A	0.27%	0.27%	0.27%
	NWBI	B	0.02%	0.02%	0.02%
	OBK	C	0.01%	0.01%	0.01%
	OCFC	B	0.01%	0.02%	0.01%
	OFG	B	0.02%	0.02%	0.02%
	OMF	A	0.08%	0.09%	0.08%
	ONB	C	0.08%	0.09%	0.08%
	ORI	A	0.12%	0.12%	0.12%
	OSBC	A	0.01%	0.01%	0.01%
	OSCR	D	0.04%	0.03%	0.03%
	OWL	A	0.14%	0.13%	0.13%
	OZK	B	0.06%	0.06%	0.06%
	PAY	A	0.01%	0.01%	0.01%
	PAYO	A	0.03%	0.03%	0.03%
	PB	B	0.09%	0.1%	0.09%
	PEBO	B	0.01%	0.02%	0.01%
	PFBC	B	0.01%	0.01%	0.01%
	PFC	B	0.01%	0.01%	0.01%
	PFG	D	0.26%	0.25%	0.25%
	PFS	B	0.03%	0.03%	0.03%
	PFSI	C	0.06%	0.05%	0.05%
	PGC	B	0.01%	0.01%	0.01%
	PGR	A	1.9%	1.87%	1.87%
	PIPR	A	0.07%	0.07%	0.07%
	PJT	A	0.04%	0.05%	0.04%
	PLMR	A	0.03%	0.03%	0.03%
	PMT	C	0.02%	0.02%	0.02%
	PNC	B	1.0%	1.03%	1.0%
	PNFP	B	0.11%	0.12%	0.11%
	PPBI	C	0.03%	0.03%	0.03%
	PRA	C	0.01%	0.01%	0.01%
	PRAA	D	0.01%	0.01%	0.01%
	PRG	C	0.03%	0.03%	0.03%
	PRI	B	0.13%	0.13%	0.13%
	PRK	B	0.04%	0.04%	0.04%
	PRU	A	0.59%	0.56%	0.56%
	PX	A	0.01%	0.01%	0.01%
	PYPL	B	1.05%	1.05%	1.05%
	QCRH	B	0.02%	0.02%	0.02%
	RC	D	0.02%	0.02%	0.02%
	RDN	D	0.07%	0.07%	0.07%
	RF	A	0.29%	0.3%	0.29%
	RGA	A	0.19%	0.19%	0.19%
	RILY	F	0.0%	0.0%	0.0%
	RJF	A	0.39%	0.39%	0.39%
	RKT	F	0.03%	0.02%	0.02%
	RLI	A	0.09%	0.09%	0.09%
	RNR	C	0.19%	0.17%	0.17%
	RNST	B	0.03%	0.03%	0.03%
	RPAY	D	0.01%	0.01%	0.01%
	RWT	D	0.01%	0.01%	0.01%
	RYAN	A	0.09%	0.09%	0.09%
	SAFT	B	0.02%	0.01%	0.01%
	SASR	B	0.02%	0.02%	0.02%
	SBCF	B	0.03%	0.03%	0.03%
	SBSI	C	0.01%	0.01%	0.01%
	SCHW	B	1.43%	1.5%	1.43%
	SEIC	B	0.11%	0.11%	0.11%
	SF	B	0.14%	0.15%	0.14%
	SFBS	C	0.06%	0.06%	0.06%
	SFNC	C	0.04%	0.04%	0.04%
	SIGI	C	0.07%	0.07%	0.07%
	SKWD	A	0.02%	0.02%	0.02%
	SLM	A	0.06%	0.06%	0.06%
	SMBC	B	0.01%	0.01%	0.01%
	SNEX	B	0.03%	0.03%	0.03%
	SNV	C	0.1%	0.11%	0.1%
	SOFI	B	0.15%	0.17%	0.15%
	SPFI	C	0.01%	0.01%	0.01%
	SPGI	C	2.05%	2.02%	2.02%
	SPNT	B	0.02%	0.02%	0.02%
	SQ	A	0.54%	0.58%	0.54%
	SRCE	B	0.01%	0.02%	0.01%
	SSB	B	0.1%	0.1%	0.1%
	STBA	B	0.02%	0.02%	0.02%
	STC	B	0.03%	0.02%	0.02%
	STEP	C	0.05%	0.05%	0.05%
	STT	B	0.37%	0.35%	0.35%
	STWD	C	0.08%	0.07%	0.07%
	SYBT	B	0.02%	0.03%	0.02%
	SYF	B	0.29%	0.32%	0.29%
	TBBK	B	0.03%	0.03%	0.03%
	TCBI	C	0.05%	0.05%	0.05%
	TCBK	C	0.02%	0.02%	0.02%
	TFC	A	0.77%	0.77%	0.77%
	TFIN	B	0.03%	0.03%	0.03%
	THFF	B	0.01%	0.01%	0.01%
	THG	A	0.07%	0.07%	0.07%
	TIPT	C	0.01%	0.01%	0.01%
	TMP	B	0.01%	0.01%	0.01%
	TOST	B	0.14%	0.18%	0.14%
	TOWN	B	0.03%	0.03%	0.03%
	TPG	A	0.07%	0.06%	0.06%
	TREE	F	0.01%	0.01%	0.01%
	TRMK	C	0.03%	0.03%	0.03%
	TROW	B	0.33%	0.33%	0.33%
	TRST	B	0.01%	0.01%	0.01%
	TRTX	C	0.01%	0.01%	0.01%
	TRUP	B	0.02%	0.02%	0.02%
	TRV	B	0.75%	0.73%	0.73%
	TW	A	0.2%	0.18%	0.18%
	UBSI	B	0.07%	0.07%	0.07%
	UCB	A	0.04%	0.04%	0.04%
	UFCS	A	0.01%	0.01%	0.01%
	UMBF	B	0.07%	0.07%	0.07%
	UNM	A	0.16%	0.16%	0.16%
	UPST	B	0.05%	0.06%	0.05%
	USB	A	1.01%	0.98%	0.98%
	UVE	B	0.01%	0.01%	0.01%
	UVSP	B	0.01%	0.01%	0.01%
	UWMC	D	0.01%	0.01%	0.01%
	V	A	4.17%	6.01%	4.17%
	VBTX	B	0.02%	0.02%	0.02%
	VCTR	B	0.03%	0.04%	0.03%
	VIRT	A	0.03%	0.04%	0.03%
	VLY	B	0.05%	0.06%	0.05%
	VOYA	B	0.11%	0.1%	0.1%
	VRTS	B	0.02%	0.02%	0.02%
	WABC	B	0.02%	0.02%	0.02%
	WAFD	B	0.04%	0.04%	0.04%
	WAL	B	0.12%	0.12%	0.12%
	WASH	C	0.01%	0.01%	0.01%
	WBS	A	0.12%	0.13%	0.12%
	WD	D	0.05%	0.05%	0.05%
	WEX	D	0.1%	0.09%	0.09%
	WFC	A	3.02%	3.14%	3.02%
	WRB	A	0.23%	0.23%	0.23%
	WRLD	C	0.01%	0.0%	0.0%
	WSBC	B	0.02%	0.03%	0.02%
	WSFS	B	0.04%	0.04%	0.04%
	WT	A	0.02%	0.02%	0.02%
	WTFC	A	0.1%	0.11%	0.1%
	WTM	A	0.06%	0.06%	0.06%
	WTW	B	0.41%	0.4%	0.4%
	WU	F	0.05%	0.03%	0.03%
	ZION	B	0.1%	0.11%	0.1%

VFH Overweight 13 Positions Relative to FNCL

	Symbol	Grade	Weight
	CRBG	B	0.12%
	HIFS	C	0.01%
	FFIC	B	0.01%
	MPB	B	0.01%
	CARE	C	0.01%
	SMBK	B	0.01%
	CCNE	C	0.01%
	AC	B	0.0%
	HMST	F	0.0%
	JRVR	F	0.0%
	ACRE	B	0.0%
	BMRC	B	0.0%
	FFWM	C	0.0%

VFH Underweight 12 Positions Relative to FNCL

	Symbol	Grade	Weight
	ACT	C	-0.02%
	CLBK	C	-0.01%
	FSBC	C	-0.01%
	CTLP	B	-0.01%
	RBCAA	B	-0.01%
	TFSL	A	-0.01%
	MCBS	B	-0.01%
	FG	A	-0.01%
	BHRB	B	-0.01%
	GCBC	C	-0.0%
	HGTY	B	-0.0%
	HBT	B	-0.0%

VFH: Top Represented Industries & Keywords

Industries: Banks - Regional - US Asset Management Insurance - Property & Casualty Credit Services Capital Markets Savings & Cooperative Banks Insurance - Diversified REIT - Diversified Business Services Insurance - Life Insurance - Specialty Software - Infrastructure Specialty Finance Insurance Brokers Banks - Global Financial Data & Stock Exchanges Insurance - Reinsurance Information Technology Services Software - Application Banks - Regional

Keywords: Bank Banking Deposit Products Insurance S&P 500 Commercial Banking Real Estate Loans Insurance Products Commercial Bank Loan Investment Management Mortgage Loan Trust Services Cash Management Services Financial Products Individual Retirement Account Life Insurance Demand Deposit Investment Bank Banking Services

FNCL: Top Represented Industries & Keywords

Industries: Banks - Regional - US Asset Management Insurance - Property & Casualty Credit Services Capital Markets Savings & Cooperative Banks Insurance - Diversified Insurance - Life Insurance - Specialty REIT - Diversified Business Services Software - Infrastructure Specialty Finance Insurance Brokers Banks - Global Banks - Regional Financial Data & Stock Exchanges Insurance - Reinsurance Information Technology Services Software - Application

Keywords: Bank Banking Deposit Products Insurance S&P 500 Commercial Banking Real Estate Loans Loan Commercial Bank Insurance Products Investment Management Mortgage Loan Trust Services Life Insurance Cash Management Services Financial Products Individual Retirement Account Investment Bank Demand Deposit Banking Services