Verified factor-similar cluster

ETFs Similar to FNCL

Each fund below shares verified factor exposure with FNCL and has no more than 3% annualized modeled factor tracking error over either the common 36-month window or the longer factor-history check. Tracking error measures volatility, not the direction of returns. The score runs from 80 at that limit to 100 for identical fitted exposures. See the matching method.

HML CMA

Factor tags describe the source fund's verified public exposures. A matched ETF may have additional material factors.

Explore a shared-factor theme
VFH
Vanguard Financials ETF
HML CMA
Modeled factor tracking error 0.11%/yr · longer factor history 0.10%/yr · 36 months through 2026-08
Compare FNCL vs VFH
99 Very close factor fit
IYF
iShares U.S. Financials ETF
HML
Modeled factor tracking error 0.69%/yr · longer factor history 0.70%/yr · 36 months through 2026-08
Compare FNCL vs IYF
95 Very close factor fit
XLF
State Street Financial Select Sector SPDR ETF
HML CMA
Modeled factor tracking error 1.63%/yr · longer factor history 1.73%/yr · 36 months through 2026-08
Compare FNCL vs XLF
88 Factor-similar
IYG
iShares US Financial Services ETF
HML CMA
Modeled factor tracking error 1.50%/yr · longer factor history 1.75%/yr · 36 months through 2026-08
Compare FNCL vs IYG
88 Factor-similar
RSPF
Invesco S&P 500 Equal Weight Financials ETF
HML CMA
Modeled factor tracking error 1.63%/yr · longer factor history 2.15%/yr · 36 months through 2026-08
Compare FNCL vs RSPF
86 Factor-similar
REVS
Columbia Research Enhanced Value ETF
HML
Modeled factor tracking error 1.93%/yr · longer factor history 2.18%/yr · 36 months through 2026-08
Compare FNCL vs REVS
85 Factor-similar
DUSA
Davis Select U.S. Equity ETF
HML
Modeled factor tracking error 2.41%/yr · longer factor history 2.61%/yr · 36 months through 2026-08
Compare FNCL vs DUSA
83 Factor-similar
IUSV
iShares Core S&P US Value ETF
HML
Modeled factor tracking error 2.11%/yr · longer factor history 2.63%/yr · 36 months through 2026-08
Compare FNCL vs IUSV
82 Factor-similar
IVE
iShares S&P 500 Value ETF
HML
Modeled factor tracking error 2.33%/yr · longer factor history 2.78%/yr · 36 months through 2026-08
Compare FNCL vs IVE
81 Factor-similar
PY
Principal Value ETF
HML
Modeled factor tracking error 2.79%/yr · longer factor history 2.54%/yr · 36 months through 2026-08
Compare FNCL vs PY
81 Factor-similar
IWD
iShares Russell 1000 Value ETF
HML
Modeled factor tracking error 1.91%/yr · longer factor history 2.80%/yr · 36 months through 2026-08
Compare FNCL vs IWD
81 Factor-similar
VONV
Vanguard Russell 1000 Value ETF
HML
Modeled factor tracking error 1.96%/yr · longer factor history 2.84%/yr · 36 months through 2026-08
Compare FNCL vs VONV
81 Factor-similar
DFNL
Davis Select Financial ETF
HML
Modeled factor tracking error 2.38%/yr · longer factor history 2.85%/yr · 36 months through 2026-08
Compare FNCL vs DFNL
81 Factor-similar
SPYV
State Street SPDR Portfolio S&P 500 Value ETF
HML
Modeled factor tracking error 2.42%/yr · longer factor history 2.89%/yr · 36 months through 2026-08
Compare FNCL vs SPYV
81 Factor-similar
NUMV
Nuveen ESG Mid-Cap Value ETF
HML
Modeled factor tracking error 2.93%/yr · longer factor history 2.84%/yr · 36 months through 2026-08
Compare FNCL vs NUMV
80 Factor-similar
IMCV
iShares Morningstar Mid-Cap Value ETF
HML
Modeled factor tracking error 2.60%/yr · longer factor history 2.96%/yr · 36 months through 2026-08
Compare FNCL vs IMCV
80 Factor-similar
FNCL fund page US ETF Leaders US Universe Similarity methodology
Important context

VerifiedBeta publishes educational ETF research, not personalized investment advice, portfolio management, or security recommendations. Funds that screen well here can still be unsuitable for your objectives, taxes, liquidity needs, or constraints. Review fund documents, methodology assumptions, and your own circumstances before acting. See the full disclaimer.