FTEC
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | Technology Equities | 100% |
Performance
Performance Chart
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The earliest data available for this chart is Oct 24, 2013, corresponding to the inception date of FTEC
Returns By Period
As of May 28, 2025, the FTEC returned -1.71% Year-To-Date and 19.62% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 0.68% | 7.17% | -1.66% | 11.63% | 14.34% | 10.88% |
| FTEC | -1.71% | 11.64% | -1.93% | 12.47% | 19.85% | 19.62% |
| Portfolio components: | ||||||
FTEC Fidelity MSCI Information Technology Index ETF | -1.71% | 11.64% | -1.93% | 12.47% | 19.85% | 19.62% |
Monthly Returns
The table below presents the monthly returns of FTEC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -0.77% | -3.01% | -9.24% | 1.33% | 11.05% | -1.71% | |||||||
| 2024 | 2.16% | 4.80% | 1.49% | -5.65% | 7.94% | 8.22% | -1.48% | 0.88% | 2.50% | -0.86% | 7.09% | -0.10% | 29.40% |
| 2023 | 9.70% | 0.42% | 9.68% | -0.29% | 8.55% | 6.10% | 2.87% | -2.16% | -6.35% | -1.24% | 13.21% | 4.83% | 53.30% |
| 2022 | -7.85% | -4.28% | 3.24% | -11.78% | -1.62% | -9.45% | 13.42% | -5.61% | -11.79% | 7.45% | 5.31% | -7.93% | -29.59% |
| 2021 | -0.70% | 1.47% | 0.71% | 5.17% | -1.25% | 7.33% | 3.36% | 3.50% | -5.71% | 8.12% | 3.15% | 2.54% | 30.49% |
| 2020 | 3.71% | -7.21% | -9.69% | 14.05% | 7.73% | 7.02% | 6.06% | 11.25% | -4.92% | -4.29% | 12.37% | 5.76% | 45.83% |
| 2019 | 8.14% | 7.34% | 4.03% | 6.44% | -8.86% | 8.63% | 3.61% | -2.26% | 1.40% | 3.70% | 5.69% | 3.98% | 48.93% |
| 2018 | 7.54% | 0.17% | -3.43% | 0.02% | 7.05% | -0.24% | 1.99% | 7.43% | -0.29% | -8.70% | -1.75% | -8.53% | -0.39% |
| 2017 | 4.17% | 4.97% | 2.21% | 2.26% | 4.56% | -2.63% | 4.14% | 3.08% | 0.92% | 7.43% | 0.93% | 0.11% | 36.83% |
| 2016 | -5.88% | -1.00% | 8.90% | -4.70% | 5.50% | -2.65% | 7.94% | 2.17% | 2.66% | -0.71% | 0.61% | 1.41% | 13.91% |
| 2015 | -3.57% | 8.28% | -2.76% | 1.53% | 2.55% | -3.90% | 2.22% | -5.78% | -1.45% | 10.74% | 1.04% | -2.72% | 4.97% |
| 2014 | -2.25% | 4.87% | -0.16% | -0.94% | 3.54% | 3.10% | 0.55% | 4.19% | -1.25% | 1.93% | 4.83% | -1.09% | 18.34% |
Expense Ratio
FTEC has an expense ratio of 0.08%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FTEC is 25, meaning it’s performing worse than 75% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | 0.41 | 0.82 | 1.11 | 0.50 | 1.61 |
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Dividends
Dividend yield
FTEC provided a 0.50% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.50% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
| Portfolio components: | ||||||||||||
FTEC Fidelity MSCI Information Technology Index ETF | 0.50% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
Monthly Dividends
The table below shows the monthly dividends paid by this portfolio.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | |||||||
| 2024 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.21 | $0.91 |
| 2023 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.43 | $1.11 |
| 2022 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.23 | $0.88 |
| 2021 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.26 | $0.85 |
| 2020 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.20 | $0.86 |
| 2019 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $0.75 |
| 2018 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.19 | $0.59 |
| 2017 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.48 |
| 2016 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.46 |
| 2015 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.10 | $0.42 |
| 2014 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.35 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the FTEC. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the FTEC was 34.95%, occurring on Oct 14, 2022. Recovery took 276 trading sessions.
The current FTEC drawdown is 5.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.95% | Dec 28, 2021 | 202 | Oct 14, 2022 | 276 | Nov 20, 2023 | 478 |
| -31.9% | Feb 20, 2020 | 23 | Mar 23, 2020 | 54 | Jun 9, 2020 | 77 |
| -27.3% | Dec 17, 2024 | 76 | Apr 8, 2025 | — | — | — |
| -24.12% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
| -16.42% | Dec 7, 2015 | 44 | Feb 9, 2016 | 110 | Jul 18, 2016 | 154 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 1 assets, with an effective number of assets of 1.00, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | FTEC | Portfolio | |
|---|---|---|---|
| ^GSPC | 1.00 | 0.90 | 0.90 |
| FTEC | 0.90 | 1.00 | 1.00 |
| Portfolio | 0.90 | 1.00 | 1.00 |