FNCL vs. FTXO: Which Financial Sector ETF Is the Better Buy for Investors?

FNCL vs. FTXO: Which Financial Sector ETF Is the Better Buy for Investors?

Key PointsThe Fidelity MSCI Financials Index ETF (FNCL) charges a rock-bottom expense ratio of 0.08%, versus 0.60% for the First Trust Nasdaq Bank ETF (FTXO). FTXO focuses exclusively on the banking industry, while FNCL spreads its bets across the broader financial sector -- including insurers, asset managers, and payment companies. FNCL has delivered stronger total returns than FTXO over the past five years, with a notably smaller maximum drawd…