Fidelity MSCI Information Technology Index ETF (FTEC)

How has FTEC done since 2013?#

From October 2013 to October 2026, FTEC returned about 21.7% a year. The S&P 500 returned about 13.9% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $127,306 at the end, with every dividend reinvested.

FTEC returns by month and year#

FTEC rose in 99 of its 157 months (63%). Its best month was April 2026, at 18.4%. Its worst was September 2022, at −11.8%.

How risky is FTEC compared with the S&P 500?#

Measured from October 2021 to October 2026, on the days both traded.

• Beta 1.40. When the S&P 500 moved 1% in a day, FTEC tended to move about 1.40%.
• Correlation 0.92. FTEC mostly moved with the S&P 500.
• Up and down months. In months the S&P 500 rose, FTEC rose 128% as much on average. In months it fell, FTEC fell 109% as much.

Is FTEC above its 200-day average?#

FTEC closed 10.1% above its 200-day average on October 16, 2026. A rule that holds FTEC only above that average would hold it today.

What was FTEC’s worst drop?#

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. On October 16, 2026 it was 8.6% below its highest close.

What does FTEC hold?#

This fund owns US technology companies of all sizes, such as makers of chips, software and computers. Because it holds only one sector, its price can swing a lot.

It tracks the MSCI USA IMI Information Technology 25/50 Index. It had 282 holdings as of July 31, 2026, according to Fidelity.

What is the FTEC expense ratio?#

FTEC charges 0.084% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.084% fee comes to about $8.40 a year. Of the 162 ETFs on Tactfolio, 59% charge more.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

Which Tactfolio strategies hold FTEC?#

No classic strategy holds FTEC yet. You can add it to your own rules in the builder and see how they would have done.

How does FTEC compare with similar ETFs?#

Funds that can stand in for FTEC:

• XLK: State Street Technology Select Sector SPDR ETF, 0.08% a year
• VGT: Vanguard Information Technology ETF, 0.09% a year
• IYW: iShares U.S. Technology ETF, 0.37% a year
• QQQM: Invesco NASDAQ 100 ETF, 0.15% a year

See all 8 FTEC alternatives, compared on the same dates as FTEC.

Test FTEC in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add FTEC, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for FTEC and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.

Fund facts come from Fidelity. We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.