# FTEC ETF: fees, returns, drawdowns and holdings

> What FTEC holds, its 0.084% yearly fee, returns by year, its worst drop, and which Tactfolio strategies hold it. Updated daily.

Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund (ETF) run by Fidelity. This fund owns US technology companies of all sizes, such as makers of chips, software and computers. It charges 0.084% a year. From October 2013 to October 2026 it returned about 21.7% a year, and its worst drop was −34.9%.

Written by [the Tactfolio research team](https://tactfolio.com/about/editorial-policy). Fund facts checked October 17, 2026. Prices through October 16, 2026.

## Key points

- Expense ratio: 0.084% a year (about $8.40 on $10,000).
- Started trading on October 21, 2013.
- Last close: $283.46 on October 16, 2026.
- Return over the last year: 27.3%.
- Worst drop since 2013: −34.9%.
- No Tactfolio classic strategies hold it.

## 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.

| Period | FTEC | S&P 500 (SPY) |
| --- | --- | --- |
| 1 month | 0.0% | 1.5% |
| 3 months | 4.0% | 1.9% |
| 6 months | 20.3% | 9.3% |
| Year to date | 26.6% | 12.8% |
| 1 year | 27.3% | 16.8% |
| 3 years, per year | 31.4% | 22.0% |
| 5 years, per year | 18.7% | 12.8% |
| 10 years, per year | 23.9% | 15.4% |
| Since 2013, per year | 21.7% | 13.9% |

Periods longer than a year show the return per year (CAGR). Prices through October 16, 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 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%.

| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Full year |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2026 (part) | −0.8% | −2.9% | −3.8% | 18.4% | 17.4% | −1.2% | −5.4% | 6.5% | 4.5% | −5.5% |  |  | 26.6% |
| 2025 | −0.8% | −3.0% | −9.2% | 1.3% | 10.4% | 9.4% | 4.3% | 0.8% | 7.2% | 6.4% | −5.1% | 0.3% | 22.1% |
| 2024 | 2.2% | 4.8% | 1.5% | −5.7% | 7.9% | 8.2% | −1.5% | 0.9% | 2.5% | −0.9% | 7.1% | −0.1% | 29.4% |
| 2023 | 9.7% | 0.4% | 9.7% | −0.3% | 8.6% | 6.1% | 2.9% | −2.2% | −6.3% | −1.2% | 13.2% | 4.8% | 53.3% |
| 2022 | −7.8% | −4.3% | 3.2% | −11.8% | −1.6% | −9.4% | 13.4% | −5.6% | −11.8% | 7.4% | 5.3% | −7.9% | −29.6% |
| 2021 | −0.7% | 1.5% | 0.7% | 5.2% | −1.3% | 7.3% | 3.4% | 3.5% | −5.7% | 8.1% | 3.1% | 2.5% | 30.5% |
| 2020 | 3.7% | −7.2% | −9.7% | 14.1% | 7.7% | 7.0% | 6.1% | 11.3% | −4.9% | −4.3% | 12.4% | 5.8% | 45.8% |
| 2019 | 8.1% | 7.3% | 4.0% | 6.4% | −8.9% | 8.6% | 3.6% | −2.3% | 1.4% | 3.7% | 5.7% | 4.0% | 48.9% |
| 2018 | 7.5% | 0.2% | −3.4% | 0.0% | 7.0% | −0.2% | 2.0% | 7.4% | −0.3% | −8.7% | −1.8% | −8.5% | −0.4% |
| 2017 | 4.2% | 5.0% | 2.2% | 2.3% | 4.6% | −2.6% | 4.1% | 3.1% | 0.9% | 7.4% | 0.9% | 0.1% | 36.8% |
| 2016 | −5.9% | −1.0% | 8.5% | −4.7% | 5.5% | −2.6% | 7.9% | 2.2% | 2.7% | −0.7% | 0.6% | 1.4% | 13.5% |
| 2015 | −3.6% | 8.3% | −2.8% | 1.5% | 2.5% | −3.9% | 2.2% | −5.8% | −1.5% | 10.7% | 1.0% | −2.7% | 5.0% |
| 2014 | −2.3% | 4.9% | −0.2% | −0.9% | 3.5% | 3.1% | 0.5% | 4.2% | −1.3% | 1.9% | 4.8% | −1.1% | 18.3% |
| 2013 (part) |  |  |  |  |  |  |  |  |  | 0.6% | 3.1% | 4.4% | 8.3% |

Each month runs from the last close of the month before. The first month counts from the first close.

## 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.

| Measure | FTEC | S&P 500 (SPY) |
| --- | --- | --- |
| Return per year | 18.6% | 12.8% |
| Volatility | 26.1% | 17.1% |
| Worst drop | −34.9% | −24.5% |
| Sharpe ratio | 0.79 | 0.79 |
| Sortino ratio | 1.15 | 1.15 |
| Calmar ratio | 0.53 | 0.52 |

Volatility is how much the price swings in a year. The Sharpe ratio is return per unit of volatility, the Sortino ratio counts only the falls, and the Calmar ratio is the return per year over the worst drop. Higher ratios mean more return for the risk taken.

## 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.

- Its 50-day average is 13.5% above its 200-day average.
- It closed 8.6% below its highest close of the last 52 weeks.

A moving average is the average close over the last so many days. Trend rules such as [the 10-month moving average strategy](https://tactfolio.com/strategies/faber-10-month-moving-average.md) hold a fund only while it is above one. You can [build that rule for FTEC](https://tactfolio.com/builder) and backtest it in a minute.

## 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.

| Drop | Started | Bottom | Back to the high | Fall took | Recovery took |
| --- | --- | --- | --- | --- | --- |
| −34.9% | Dec 27, 2021 | Oct 14, 2022 | Nov 20, 2023 | 10 months | 13 months |
| −31.9% | Feb 19, 2020 | Mar 23, 2020 | Jun 9, 2020 | 33 days | 3 months |
| −27.3% | Dec 16, 2024 | Apr 8, 2025 | Jun 25, 2025 | 4 months | 3 months |
| −24.1% | Aug 29, 2018 | Dec 24, 2018 | Mar 21, 2019 | 4 months | 3 months |
| −16.4% | Dec 4, 2015 | Feb 9, 2016 | Jul 20, 2016 | 2 months | 5 months |

Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

## 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.

| Fact | FTEC |
| --- | --- |
| Full name | Fidelity MSCI Information Technology Index ETF |
| Issuer | Fidelity |
| Expense ratio | 0.084% a year |
| Started trading | October 21, 2013 |
| Tracks | MSCI USA IMI Information Technology 25/50 Index |
| Type | US stocks, ETF |
| Holdings | 282 holdings as of July 31, 2026 |
| Facts checked | October 17, 2026 on the [Fidelity fund page](https://www.sec.gov/Archives/edgar/data/945908/000094590825000729/filing10088.htm) |

## 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](https://tactfolio.com/builder) and see how they would have done.

## How does FTEC compare with similar ETFs?

Funds that can stand in for FTEC:

- [XLK](https://tactfolio.com/etf/XLK.md): State Street Technology Select Sector SPDR ETF, 0.08% a year
- [VGT](https://tactfolio.com/etf/VGT.md): Vanguard Information Technology ETF, 0.09% a year
- [IYW](https://tactfolio.com/etf/IYW.md): iShares U.S. Technology ETF, 0.37% a year
- [QQQM](https://tactfolio.com/etf/QQQM.md): Invesco NASDAQ 100 ETF, 0.15% a year

See [all 8 FTEC alternatives](https://tactfolio.com/alternatives/FTEC.md), 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](https://tactfolio.com/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](https://tactfolio.com/docs/backtests.md) and [how to read drawdown and CAGR](https://tactfolio.com/docs/concepts/reading-a-backtest.md) for more on these measures.

## Research and test it

- [S&P 500 index](https://tactfolio.com/learn/sp500-index): The S&P 500 tracks about 500 large US companies. Learn how stocks get in, how the index is weighted, how to invest in it, and how far it has fallen before.
- [What is an ETF](https://tactfolio.com/learn/what-is-an-etf): An ETF is a fund that trades like a stock. Learn how ETFs work, what they cost, the main types, and the risks, with SEC sources.
- [ETF screener](https://tactfolio.com/screener.md): A free ETF screener for 162 US-listed funds. Filter by type, issuer and fee, sort by returns or worst drop, and compare funds side by side.
- [ETF expense ratio](https://tactfolio.com/learn/etf-expense-ratio): What an ETF expense ratio is, how the fund charges it, and how 0.03% vs 1% adds up over 10 and 30 years, with real fund examples.
- [Backtest a portfolio](https://tactfolio.com/trading-tools/backtest-portfolio): Backtest a portfolio of US stocks and ETFs. Enter tickers and shares, pick when to rebalance, and get the results with a link to share.
- [Backtesting](https://tactfolio.com/backtesting): Free backtesting software for stocks, ETFs, and crypto perps.

## Common questions

### What is the expense ratio of FTEC?

FTEC charges 0.084% a year, according to Fidelity as of October 17, 2026. That is about $8.40 a year for every $10,000 you hold.

### When did FTEC start trading?

FTEC started trading on October 21, 2013. It is run by Fidelity.

### What does FTEC track?

FTEC tracks the MSCI USA IMI Information Technology 25/50 Index. This fund owns US technology companies of all sizes, such as makers of chips, software and computers.

### How much has FTEC returned per year?

From October 2013 to October 2026, FTEC returned about 21.7% a year with dividends reinvested. Its worst drop was −34.9%. Past returns do not tell you what it will do next.

### Is FTEC above its 200-day moving average?

On October 16, 2026, FTEC closed 10.1% above its 200-day moving average. This page updates after each US market close.

### Which strategies use FTEC?

None of Tactfolio's classic strategies hold FTEC yet. You can test it in your own rules in the builder.

## Sources

- [Fidelity: Fidelity MSCI Information Technology Index ETF fund page](https://www.sec.gov/Archives/edgar/data/945908/000094590825000729/filing10088.htm)

> Not financial advice. Tactfolio is a research and automation tool. It is not a broker or a financial adviser. This page is for education only. Backtests are hypothetical. They show how rules would have done on past prices, not how they will do. All investing involves risk, including losing the money you put in.