# Portfolio overlap — BCFN vs FNCL

Comparing **Baron Financials ETF** (2026-03-31) and **Fidelity MSCI Financials Index ETF** (2026-04-30).

- Shared positions: 29
- Baron Financials ETF covered by Fidelity MSCI Financials Index ETF: 0.3131627728757078466414842796
- Fidelity MSCI Financials Index ETF covered by Baron Financials ETF: 0.3131627728757078466414842797

## Baron Financials ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MASTERCARD INC CL A | 0.056456 | ✓ |
| VISA INC-CLASS A | 0.055881 | ✓ |
| S&P GLOBAL INC | 0.055824 | ✓ |
| SCHWAB CHARLES CORP | 0.044925 | ✓ |
| LPL FINL HLDGS INC | 0.040913 | ✓ |
| MERCADOLIBRE INC | 0.036856 |  |
| INTERACTIVE BROKERS GROUP INC | 0.035908 | ✓ |
| KKR & CO INC | 0.035769 | ✓ |
| TRADEWEB MARKETS INC A | 0.035471 | ✓ |
| CME GROUP INC CL A | 0.035121 | ✓ |
| MSCI INC | 0.034374 | ✓ |
| MOODYS CORP | 0.034123 | ✓ |
| INTUIT INC | 0.033820 |  |
| NU HOLDINGS LTD/CAYMAN ISLANDS | 0.033280 |  |
| MORGAN STANLEY | 0.032978 | ✓ |
| APOLLO GLOBAL MANAGEMENT INC | 0.029590 | ✓ |
| BANK OF AMERICA CORPORATION | 0.026933 | ✓ |
| VERISK ANALYTICS INC | 0.025388 |  |
| HOULIHAN LOKEY I | 0.024416 | ✓ |
| GUIDEWIRE SOFTWARE INC | 0.024161 |  |
| CAPITAL ONE FINANCIAL CORP | 0.024039 | ✓ |
| BLACKROCK INC | 0.023507 | ✓ |
| FAIR ISAAC CORP | 0.021581 |  |
| ARCH CAPITAL GROUP LTD | 0.021417 | ✓ |
| WISE PLC - A | 0.018313 |  |
| JACK HENRY | 0.017457 | ✓ |
| SHOPIFY INC CL A | 0.016895 |  |
| PROGRESSIVE CORP OHIO | 0.015070 | ✓ |
| PRIMERICA INC | 0.012753 | ✓ |
| TRANSUNION | 0.011839 |  |
| ROBINHOOD MARKETS INC | 0.011781 | ✓ |
| EQUIFAX INC | 0.010722 |  |
| KINSALE CAPITAL GROUP INC | 0.009533 | ✓ |
| BLOCK INC CL A | 0.008870 | ✓ |
| SERVICETITAN INC-A | 0.008362 |  |
| ROCKET COS INC-A | 0.007873 | ✓ |
| TWFG INC (CLASS A) | 0.006641 |  |
| ALKAMI TECHNOLOGY INC | 0.004971 |  |
| BRP GROUP INC-A | 0.004766 | ✓ |
| NEPTUNE INSURANCE HOLDINGS INC | 0.004440 | ✓ |
| FACTSET RESEARCH SYSTEMS INC | 0.004430 | ✓ |
| Accelerant Holdings, Class A | 0.002554 | ✓ |

## Fidelity MSCI Financials Index ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| JPMORGAN CHASE and CO | 0.101100 |  |
| BERKSHIRE HATH-B | 0.077246 |  |
| VISA INC-CLASS A | 0.065905 | ✓ |
| MASTERCARD INC CL A | 0.050469 | ✓ |
| BANK OF AMERICA CORPORATION | 0.043401 | ✓ |
| GOLDMAN SACHS GROUP INC | 0.032838 |  |
| WELLS FARGO & CO | 0.030587 |  |
| CITIGROUP INC | 0.027133 |  |
| MORGAN STANLEY | 0.026815 | ✓ |
| AMERICAN EXPRESS CO | 0.021087 |  |
| BLACKROCK INC | 0.018599 | ✓ |
| SCHWAB CHARLES CORP | 0.018317 | ✓ |
| S&P GLOBAL INC | 0.015828 | ✓ |
| CHUBB LTD | 0.014470 |  |
| CAPITAL ONE FINANCIAL CORP | 0.014431 | ✓ |
| PROGRESSIVE CORP OHIO | 0.013982 | ✓ |
| CME GROUP INC CL A | 0.012283 | ✓ |
| BLACKSTONE INC | 0.010991 |  |
| BANK OF NEW YORK MELLON CORP | 0.010938 |  |
| INTERCONTINENTAL EXCHANGE INC | 0.010666 |  |
| US BANCORP DEL | 0.010451 |  |
| PNC FINANCIAL SERVICES GRP INC | 0.010289 |  |
| MARSH & MCLENNAN | 0.009722 |  |
| MOODYS CORP | 0.008773 | ✓ |
| TRAVELERS COS IN | 0.008073 |  |
| TRUIST FINL CORP | 0.007793 |  |
| KKR & CO INC | 0.007718 | ✓ |
| AON PLC | 0.007518 |  |
| AFLAC INC | 0.006769 |  |
| ALLSTATE CORPORATION | 0.006746 |  |
| APOLLO GLOBAL MANAGEMENT INC | 0.006633 | ✓ |
| ROBINHOOD MARKETS INC | 0.006485 | ✓ |
| ARTHUR J GALLAGHAR AND CO | 0.006264 |  |
| FIFTH THIRD BANCORP | 0.005442 |  |
| METLIFE INC | 0.005299 |  |
| PAYPAL HOLDINGS | 0.005279 |  |
| MSCI INC | 0.005254 | ✓ |
| AMERIPRISE FINANCIAL INC | 0.005232 |  |
| STATE STREET CORP | 0.005073 |  |
| NASDAQ INC | 0.004965 |  |
| COINBASE GLOBAL INC | 0.004841 |  |
| AMERICAN INTERNATIONAL GROUP | 0.004784 |  |
| BLOCK INC CL A | 0.004589 | ✓ |
| HARTFORD INSURANCE GROUP INC/THE | 0.004556 |  |
| INTERACTIVE BROKERS GROUP INC | 0.004192 | ✓ |
| ARCH CAPITAL GROUP LTD | 0.004057 | ✓ |
| PRUDENTL FINL | 0.004046 |  |
| HUNTINGTON BANCSHARES INC | 0.004025 |  |
| M&T BANK CORP | 0.003994 |  |
| FISERV INC | 0.003994 |  |


## Sources

- N-PORT (fund A) — accession `0001410368-26-049916` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/2081199/000141036826049916/0001410368-26-049916-index.htm>
- N-PORT (fund B) — accession `0001410368-26-063879` (as of 2026-04-30)
  <https://www.sec.gov/Archives/edgar/data/945908/000141036826063879/0001410368-26-063879-index.htm>

---

_Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._

_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

_Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See <https://fundwatcher.app/terms/>_