FTEC vs VGT: fees, holdings and returns

FTEC and VGT both hold US information technology companies of every size and follow nearly the same MSCI index. Their fees are close and their returns have been almost the same. Over the same dates since October 2013, FTEC returned about 21.8% a year and VGT returned about 21.8% a year.

Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 20, 2026.

FTEC

Yearly fee
0.084%
about $8.40 on $10,000
Return per year
21.8%
since October 2013
Worst drop
−34.9%
since 2013
Started trading
Oct 2013
Fidelity

VGT

Yearly fee
0.09%
about $9 on $10,000
Return per year
21.8%
since October 2013
Worst drop
−35.1%
since 2013
Started trading
Jan 2004
Vanguard

Key points

  • FTEC costs less: 0.084% a year against 0.09%.
  • FTEC started trading in October 2013. VGT started in January 2004.
  • Worst drops since 2013: FTEC −34.9%, VGT −35.1%.
  • Daily correlation: 1.00 (1 means they always move together).

What is the difference between FTEC and VGT?#

There is very little difference. Both track an MSCI index of US tech companies that caps how much one company can weigh. FTEC comes from Fidelity and VGT from Vanguard. VGT is the larger fund and holds a few more companies. Small gaps come from fees and trading inside each fund.

FactFTECVGT
Full nameFidelity MSCI Information Technology Index ETFVanguard Information Technology ETF
IssuerFidelityVanguard
Expense ratio0.084% a year0.09% a year
Started tradingOctober 21, 2013January 26, 2004
TracksMSCI USA IMI Information Technology 25/50 IndexMSCI US Investable Market Information Technology 25/50 Index
Holdings282 holdings as of July 31, 2026318 holdings as of September 30, 2026
TypeUS stocks, ETFUS stocks, ETF

Fund facts checked on the Fidelity FTEC page and the Vanguard VGT page.

Is FTEC or VGT cheaper?#

FTEC costs less: 0.084% a year against 0.09%. On $10,000, that is about $8.40 a year for FTEC and $9 for VGT. The fund takes its fee out of its own value a little each day, so you never get a bill.

FTEC vs VGT performance over the same dates#

$10k$20k$50k$100k2014201620182020202220242026
FTECVGTGrowth of $10,000, log scale, with dividends reinvested. Past results do not tell you what happens next.

Both funds are measured from October 2013 to October 2026, the dates both traded. FTEC returned about 21.8% a year and VGT returned about 21.8% a year. VGT came out ahead over this period, which does not mean it will again.

MeasureFTECVGT
$10,000 grew to$128,837$130,113
Total return1,188%1,201%
Return per year (CAGR)21.8%21.8%
Worst drop from a high−34.9%−35.1%
Volatility (how much it swings)23.3%23.3%
Last 12 months27.1%26.7%
Last 3 years, per year33.8%33.6%
Last 5 years, per year18.6%18.4%
Last 10 years, per year24.1%24.3%

Prices through October 20, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

FTEC and VGT returns by year#

YearFTECVGT
2026 (part of the year)28.1%28.0%
202522.1%21.8%
202429.4%29.3%
202353.3%52.7%
2022−29.6%−29.7%
202130.5%30.4%
202045.8%46.0%
201948.9%48.6%
2018−0.4%2.5%
201736.8%37.1%
201613.5%13.8%
20155.0%5.1%
201418.3%16.7%
2013 (part of the year)8.3%8.5%

Which fell further in bad times?#

A drawdown is how far a fund falls from its last high point. FTEC’s worst fall was −34.9%, from December 27, 2021 to October 14, 2022. It got back to that high on November 20, 2023.

VGT’s worst fall was −35.1%, from December 27, 2021 to October 14, 2022. It got back to that high on November 20, 2023.

Their daily moves had a correlation of 1.00. A correlation of 1 means two funds always move up and down together. Near 0 means they move on their own. So holding both adds little variety.

Why people choose FTEC or VGT#

FTEC. People who use Fidelity often pick FTEC, which also has a lower share price.

VGT. People who use Vanguard, or want the larger and older fund, often pick VGT.

Strategies that hold FTEC or VGT#

No classic strategy holds FTEC or VGT yet.

Other funds like FTEC and VGT#

Each fund has more funds that hold the same kind of investments, ranked by how closely they move with it: FTEC alternatives and VGT alternatives.

Test a mix of FTEC and VGT#

Open the builder, add FTEC and VGT, and give each a weight, such as 50% and 50%. The backtest shows how the mix would have done, with its worst drop, on daily prices. You can also add a rule, for example to switch between them, and compare. Read the full pages for FTEC and VGT, or see more ETF comparisons.

The details#

Both funds use Tactfolio’s stored daily prices, adjusted for splits, with dividends reinvested. They are compared only on days both traded, starting the later fund’s first day, so neither gets a head start. Correlation uses daily returns over the same days. Read what a backtest simulates for more on these measures.

Common questions#

Is FTEC the same as VGT?#

Very close. Both follow an MSCI index of US tech companies of all sizes, with the same limits on the biggest companies. Their holdings and returns have been nearly the same.

Which is older, FTEC or VGT?#

VGT started in 2004 and FTEC in 2013, so the comparison above starts in October 2013.

Which is cheaper, FTEC or VGT?#

FTEC costs less: 0.084% a year against 0.09%. Fees come from each issuer and were checked on October 17, 2026.

Which did better, FTEC or VGT?#

From October 2013 to October 2026, FTEC returned about 21.8% a year and VGT returned about 21.8% a year, with dividends reinvested. Their worst drops were −34.9% and −35.1%. Past returns do not tell you what comes next.

Sources#