Which Financial ETF Is Better, State Street's XLF or Fidelity's FNCL?
Compare portfolio depth, trading volume, and yield differences to see how these two low-cost funds stack up for financial sector exposure.
Which Financial ETF Is Better, State Street's XLF or Fidelity's FNCL?
Overview
The State Street Financial Select Sector SPDR ETF (NYSEMKT:XLF) provides deep liquidity and concentrated exposure to S&P 500 giants, while the Fidelity MSCI Financials Index ETF (NYSEMKT:FNCL) offers a broader reach across the sector for the same low cost.
Investors looking for exposure to the financial industry often choose between broad market index funds and those that track specific components of the S&P 500. While FNCL and XLF share the same expense ratio, they differ significantly in portfolio depth, asset size, and historical yield payouts.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.
