FNCL vs. XUKX ETF Comparison

Comparison of SPDR® MSCI Europe Financials UCITS ETF (FNCL) to db x-trackers FTSE 100 UCITS ETF (XUKX)

FNCL

SPDR® MSCI Europe Financials UCITS ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

£81.56

Average Daily Volume

1,257

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XUKX

db x-trackers FTSE 100 UCITS ETF

XUKX Description

The aim is for the investment to reflect the performance of the FTSE 100 Index (Index) which is designed to reflect the performance of the shares of the largest 100 UK companies listed on the London Stock Exchange. The companies are selected on the basis that they have the largest combined value of shares as compared to other companies on the London Stock Exchange. The composition of the Index is reviewed quarterly. The Index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax. To achieve the aim, the Fund will attempt to replicate the Index by buying all (or, on an exceptional basis, a substantial number of) the shares in the Index in the same proportion as they have in the Index as determined by the Sub-Portfolio Manager of the Fund which is Deutsche Asset Management (UK) Limited. The Fund may employ techniques and instruments in order to manage risk, reduce costs and improve results.

Grade (RS Rating)

Last Trade

£796.75

Average Daily Volume

23,372

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNCL	XUKX
30 Days	0.09%	3.08%
60 Days	7.94%	7.00%
90 Days	9.84%	6.10%
12 Months	24.10%	2.74%

14 Overlapping Holdings

Symbol	Grade	Weight in FNCL	Weight in XUKX	Overlap
ADM	B	0.45%	0.42%	0.42%
AV	D	0.84%	0.64%	0.64%
BARC	A	1.73%	1.42%	1.42%
HSBA	A	7.39%	6.26%	6.26%
III	A	1.71%	1.37%	1.37%
LGEN	D	0.95%	0.74%	0.74%
LLOY	B	2.05%	1.64%	1.64%
LSEG	D	2.47%	2.13%	2.13%
MNG	F	0.31%	0.22%	0.22%
PHNX	F	0.26%	0.18%	0.18%
PRU	F	1.28%	1.01%	1.01%
SDR	F	0.19%	0.16%	0.16%
STAN	B	0.94%	0.74%	0.74%
STJ	F	0.16%	0.12%	0.12%

FNCL Overweight 34 Positions Relative to XUKX

Symbol	Grade	Weight
0M6S	B	5.8%
0R3T	D	5.0%
0QP2	D	3.9%
0HB5	A	3.62%
BVA	A	3.43%
0HAR	B	3.37%
0HBC	A	2.62%
0QL6	D	1.92%
0N4T	A	1.77%
0QOQ	D	1.6%
0NVC	C	1.03%
0QMG	D	1.01%
0EYG	B	0.92%
0ILK	A	0.9%
0HAI	A	0.79%
0MJK	A	0.75%
0RLW	A	0.71%
0QO6	F	0.59%
0QVJ	B	0.4%
AIBG	B	0.4%
0RLA	A	0.39%
0Q99	A	0.37%
WISE	D	0.36%
0QQ3	B	0.35%
0R78	D	0.35%
0IN2	F	0.32%
0QA8	B	0.26%
0ACB	F	0.26%
0MHU	A	0.25%
0H13	B	0.21%
0HZC	A	0.18%
HL	D	0.16%
ABDN	F	0.16%
0OJC	C	0.14%

FNCL Underweight 84 Positions Relative to XUKX

Symbol	Grade	Weight
SHEL	A	-9.39%
AZN	A	-8.2%
ULVR	C	-4.79%
BP	B	-4.35%
GSK	C	-3.26%
DGE	F	-3.18%
REL	C	-3.17%
RIO	B	-2.97%
GLEN	B	-2.92%
BATS	F	-2.36%
BA	A	-2.0%
NG	C	-1.96%
CPG	C	-1.91%
RR	A	-1.68%
RKT	F	-1.51%
EXPN	D	-1.48%
FLTR	D	-1.33%
AAL	A	-1.33%
AHT	A	-1.23%
HLN	B	-1.09%
TSCO	B	-0.99%
SSE	C	-0.92%
IMB	B	-0.79%
VOD	D	-0.74%
IHG	D	-0.65%
SGE	D	-0.59%
SMT	B	-0.58%
SGRO	D	-0.57%
RTO	F	-0.54%
NXT	A	-0.54%
INF	C	-0.54%
BNZL	C	-0.51%
SKG	C	-0.46%
SN	D	-0.43%
ABF	B	-0.42%
HLMA	D	-0.42%
WPP	B	-0.41%
ANTO	A	-0.4%
ITRK	A	-0.4%
UU	C	-0.36%
CNA	C	-0.36%
PSON	D	-0.35%
MNDI	B	-0.34%
BT.A	F	-0.34%
SPX	F	-0.34%
CRDA	D	-0.34%
SVT	D	-0.33%
IAG	A	-0.32%
WTB	F	-0.31%
AUTO	D	-0.3%
PSH	D	-0.29%
SMIN	D	-0.28%
ICP	A	-0.28%
ENT	F	-0.27%
DCC	D	-0.27%
BME	D	-0.26%
WEIR	B	-0.26%
FCIT	A	-0.25%
LAND	B	-0.24%
BKG	C	-0.24%
CCH	A	-0.24%
MKS	B	-0.24%
SBRY	C	-0.23%
HWDN	A	-0.23%
DPLM	B	-0.23%
TW	D	-0.23%
SMDS	C	-0.23%
KGF	B	-0.23%
CTEC	C	-0.23%
BDEV	D	-0.22%
BEZ	C	-0.22%
IMI	C	-0.22%
RMV	D	-0.21%
PSN	D	-0.21%
BRBY	F	-0.2%
RS1	F	-0.17%
EZJ	D	-0.17%
UTG	D	-0.16%
JD	C	-0.15%
HIK	D	-0.15%
OCDO	F	-0.11%
FRES	B	-0.06%
AAF	C	-0.06%
FRAS	D	-0.05%