FTEC + IETC
Fido Tech
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | Technology Equities | 50% |
IETC iShares Evolved U.S. Technology ETF | Technology Equities, Actively Managed | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FTEC + IETC, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is Mar 23, 2018, corresponding to the inception date of IETC
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.71% | -9.92% | 6.35% | 13.40% | 9.65% |
| FTEC + IETC | -17.30% | -9.03% | -13.75% | 7.75% | 18.12% | N/A |
| Portfolio components: | ||||||
FTEC Fidelity MSCI Information Technology Index ETF | -18.62% | -10.13% | -16.06% | 5.98% | 17.97% | 17.61% |
IETC iShares Evolved U.S. Technology ETF | -15.94% | -7.92% | -11.31% | 9.58% | 18.27% | N/A |
Monthly Returns
The table below presents the monthly returns of FTEC + IETC, 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 | 0.55% | -4.31% | -8.93% | -5.62% | -17.30% | ||||||||
| 2024 | 3.07% | 5.89% | 1.73% | -5.78% | 5.94% | 8.50% | -1.08% | 1.07% | 3.13% | -0.59% | 6.28% | 1.75% | 33.31% |
| 2023 | 8.96% | -0.25% | 9.03% | -0.23% | 9.47% | 6.06% | 2.98% | -0.92% | -6.40% | -1.03% | 12.83% | 5.04% | 53.80% |
| 2022 | -8.00% | -4.57% | 3.28% | -12.69% | -2.03% | -9.17% | 12.68% | -5.38% | -11.75% | 5.81% | 5.49% | -6.94% | -31.15% |
| 2021 | -0.63% | 1.81% | 0.68% | 6.13% | -1.22% | 7.26% | 3.36% | 3.96% | -5.87% | 7.84% | 2.13% | 1.99% | 30.12% |
| 2020 | 4.15% | -6.97% | -9.12% | 14.85% | 7.45% | 6.67% | 6.20% | 11.02% | -5.32% | -3.71% | 11.55% | 5.18% | 46.20% |
| 2019 | 9.08% | 5.92% | 4.14% | 6.45% | -8.20% | 7.80% | 3.59% | -2.37% | 0.83% | 3.30% | 5.45% | 3.64% | 45.90% |
| 2018 | -0.66% | 1.34% | 6.84% | -0.31% | 2.65% | 7.43% | -0.30% | -9.11% | -1.27% | -8.50% | -3.20% |
Expense Ratio
FTEC + IETC has an expense ratio of 0.13%, 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 + IETC is 18, meaning it’s performing worse than 82% 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 | 0.02 | 0.23 | 1.03 | 0.02 | 0.07 |
IETC iShares Evolved U.S. Technology ETF | 0.19 | 0.45 | 1.06 | 0.21 | 0.78 |
Dividends
Dividend yield
FTEC + IETC provided a 0.60% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.60% | 0.50% | 0.78% | 0.92% | 0.68% | 0.65% | 0.91% | 1.24% | 0.48% | 0.63% | 0.63% | 0.55% |
| Portfolio components: | ||||||||||||
FTEC Fidelity MSCI Information Technology Index ETF | 0.60% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
IETC iShares Evolved U.S. Technology ETF | 0.60% | 0.52% | 0.79% | 0.92% | 0.73% | 0.48% | 0.79% | 1.27% | 0.00% | 0.00% | 0.00% | 0.00% |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the FTEC + IETC. 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 + IETC was 36.24%, occurring on Oct 14, 2022. Recovery took 289 trading sessions.
The current FTEC + IETC drawdown is 20.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.24% | Dec 28, 2021 | 202 | Oct 14, 2022 | 289 | Dec 8, 2023 | 491 |
| -30.63% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -26.06% | Jan 24, 2025 | 52 | Apr 8, 2025 | — | — | — |
| -23.76% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
| -13.4% | Jul 11, 2024 | 20 | Aug 7, 2024 | 43 | Oct 8, 2024 | 63 |
Volatility
Volatility Chart
The current FTEC + IETC volatility is 17.68%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| FTEC | IETC | |
|---|---|---|
| FTEC | 1.00 | 0.96 |
| IETC | 0.96 | 1.00 |