FTEC: Fidelity MSCI Information Technology Index ETF

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. Fund facts checked October 17, 2026. Prices through October 16, 2026.

Yearly fee
0.084%
about $8.40 on $10,000
Return per year
21.7%
since October 2013
Worst drop
−34.9%
since 2013
Started trading
Oct 2013
Fidelity

Key points

  • Expense ratio: 0.084% a year (about $8.40 on $10,000).
  • Started trading on October 21, 2013.
  • Worst drop since 2013: −34.9%.
  • No Tactfolio classic strategies hold it.

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.

FactFTEC
Full nameFidelity MSCI Information Technology Index ETF
IssuerFidelity
Expense ratio0.084% a year
Started tradingOctober 21, 2013
TracksMSCI USA IMI Information Technology 25/50 Index
TypeUS stocks, ETF
Holdings282 holdings as of July 31, 2026
Facts checkedOctober 17, 2026 on the Fidelity fund page

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.

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

How has FTEC done since 2013?#

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

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

MeasureFTEC
Total return1,173%
Return per year (CAGR)21.7%
Worst drop from a high−34.9%
Volatility (how much it swings)23.3%
Last 12 months27.3%
Last 3 years, per year31.4%
Last 5 years, per year18.7%
Last 10 years, per year23.9%

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 year#

YearFTEC return
2026 (part of the year)26.6%
202522.1%
202429.4%
202353.3%
2022−29.6%
202130.5%
202045.8%
201948.9%
2018−0.4%
201736.8%
201613.5%
20155.0%
201418.3%
2013 (part of the year)8.3%

What was FTEC’s worst drop?#

0%−10%−20%−30%2014201620182020202220242026
Drawdown: how far FTEC was below its last high on each day.

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.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

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. 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.

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.

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.

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#