10 Fidelity ETFs With The Lowest Expense Ratio For Retirees

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By Carl Sullivan Published

Quick Read

  • Fidelity offers two zero-fee ETFs: FYEE (7.1% yield equity income) and FSOL (Solana cryptocurrency).

  • FSOL launched in November 2025 as a high-risk crypto exposure vehicle.

  • FMUN charges 0.05% for tax-exempt municipal bond income at 3.11% yield.

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10 Fidelity ETFs With The Lowest Expense Ratio For Retirees

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Founded in 1946, Fidelity Investments of Boston is one of America’s largest managers of mutual funds and exchange-traded funds (ETFs). Retirees looking for ETFs with low management fees have a lot of options at Fidelity. Here are 10 ETFs with the lowest expense ratios at the company.

No. 10: Fidelity MSCI Financials Index ETF (FNCL)

This ETF invests in financial institutions, seeking to track the MSCI USA IMI Financials Index. Top holdings include JP Morgan Chase, Mastercard and Visa.

FNCL has lost 2.39% year to date, as of Jan. 29. The expense ratio is 0.84%. It has net assets of $2.42 billion, a PE ratio of 18, and a yield of 1.45%.

No. 9: Fidelity MSCI Materials Index ETF (FMAT)

FMAT offers exposure to the materials industry, using the MSCI USA IMI Materials Index as a benchmark.

With net assets of $451.45 million, the fund has returned 10.09% YTD. The expense ratio is 0.84%, the PE ratio is 26.02, and the yield is 1.64%.

No. 8: Fidelity MSCI Industrials Index ETF (FIDU)

Investing in companies like GE Aerospace, Boeing and Caterpillar, this ETF generally tracks the performance of the MSCI USA IMI Industrials Index.

The $1.54 billion fund has an expense ratio of 0.84%. FIDU‘s PE ratio is 29.25 and yield is 1.02%. The YTD return is 7.17%.

No. 7: Fidelity MSCI Health Care Index ETF (FHLC)

No. 5: Fidelity MSCI Consumer Discretionary Index ETF (FDIS)

This fund seeks to replicate an index of the consumer discretionary sector in the U.S. equity market. Its current largest holdings are Amazon.com, Tesla, The Home Depot, and McDonald’s. 

With an expense ratio of 0.84%, FDIS is up 0.72% YTD. The PE ratio is 27.59 and yield is 0.75%.

No. 4: Fidelity MSCI Communication Services Index ETF (FCOM)

 

Photo of Carl Sullivan
About the Author Carl Sullivan →

Carl Sullivan has been a Flywheel Publishing contributor since 2020, focusing mostly on personal finance, investing and technology. He started his journalism career covering mutual funds, banking and business regulation.

Besides his freelance writing, Carl is a long-time manager of editorial teams covering a variety of topics including news, business and politics. He’s currently the North America Managing Editor for Flipboard and worked previously for Microsoft News and Newsweek.

Carl loves exploring the world and lived in India for several years. Today, he resides in New York City’s Queens borough, where you can hear hundreds of different languages just by riding the subway.

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