FNCL ETF — Fidelity MSCI Financials Index ETF

Fidelity MSCI Financials Index ETF (FNCL)

Updated October 16, 2026.

FNCL is a low-cost ETF that tracks the Fidelity MSCI Financials Index. its distribution rate is 1.58%, its trailing-12-month yield is 1.65%, its expense ratio is 0.084%. Dividend Vision Distribution Safety Score™ is 94/100 (Safe). Total return is 308.2% over the past 13 years, 133.9 points behind SPY at 442.1%.

Fidelity MSCI Financials Index ETF tracks the MSCI USA IMI Financials 25/50 Index, which represents the financial sector within the broad U.S. equity market, with at least 80% of assets invested in index securities. The fund offers a modest current distribution rate and distributes quarterly, with a very low expense ratio of 0.08%. It appeals to investors seeking broad exposure to U.S. financial services companies with minimal fees.

FNCL performance versus SPY

Price and return data through 2026-10-16.

Total return is 308.2% over the past 13 years, 133.9 points behind SPY at 442.1%. Over the past year its total return — price change plus distributions reinvested — is 9.2%. Its deepest 1-year drawdown was 14.8%.

FNCL key facts

Distribution Safety Score™

94 · Safe

Safety-Adjusted Yield

1.49%

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Equity

Inception date

10/21/2013

Expense ratio

0.084%

Distribution rate

1.58%

Distribution frequency

Quarterly

Trailing yield

1.65%

Last close

$78.44 (stale; as of 2026-10-16)

AUM

$2,243,812,825

Average volume

515900.0

Dividend

$0.31

Ex-dividend date

09/18/2026

Payment date

09/22/2026

Beta

0.82

How Dividend Vision calculates yield and returns

Distribution rate (1.58%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.65%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; Index: Fidelity MSCI Financials Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FNCL risks and drawbacks

FNCL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 14.8%.

Who may consider FNCL — and who may not

FNCL may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FNCL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FNCL

• All tickers starting with F

Tagged: Index, Financials.

Frequently asked questions

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