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
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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 | 1.39% | 12.89% | 1.19% | 12.45% | 14.95% | 10.86% |
| FTEC + IETC | 0.93% | 22.02% | 5.15% | 20.39% | 20.27% | N/A |
| Portfolio components: | ||||||
FTEC Fidelity MSCI Information Technology Index ETF | -0.84% | 21.84% | 2.03% | 16.25% | 19.99% | 19.67% |
IETC iShares Evolved U.S. Technology ETF | 2.72% | 22.20% | 8.32% | 24.57% | 20.48% | 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 | 0.57% | -4.33% | -8.92% | 3.10% | 11.72% | 0.93% | |||||||
| 2024 | 3.12% | 5.94% | 1.74% | -5.78% | 5.89% | 8.51% | -1.06% | 1.08% | 3.16% | -0.59% | 6.25% | 1.80% | 33.49% |
| 2023 | 8.93% | -0.28% | 9.00% | -0.22% | 9.54% | 6.06% | 2.98% | -0.85% | -6.40% | -1.02% | 12.82% | 5.05% | 53.88% |
| 2022 | -8.00% | -4.58% | 3.28% | -12.72% | -2.04% | -9.16% | 12.65% | -5.37% | -11.74% | 5.73% | 5.50% | -6.90% | -31.20% |
| 2021 | -0.63% | 1.82% | 0.68% | 6.15% | -1.22% | 7.25% | 3.36% | 3.97% | -5.87% | 7.84% | 2.13% | 1.98% | 30.14% |
| 2020 | 4.16% | -6.97% | -9.10% | 14.86% | 7.45% | 6.67% | 6.21% | 11.02% | -5.33% | -3.70% | 11.53% | 5.17% | 46.22% |
| 2019 | 9.08% | 5.92% | 4.14% | 6.45% | -8.19% | 7.80% | 3.59% | -2.37% | 0.82% | 3.30% | 5.44% | 3.63% | 45.87% |
| 2018 | -0.67% | 1.36% | 6.84% | -0.31% | 2.65% | 7.42% | -0.30% | -9.11% | -1.27% | -8.50% | -3.19% |
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 41, indicating average performance compared to other portfolios on our website. Here’s 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 | 0.54 | 0.90 | 1.12 | 0.57 | 1.84 |
IETC iShares Evolved U.S. Technology ETF | 0.88 | 1.32 | 1.18 | 0.95 | 3.19 |
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Dividends
Dividend yield
FTEC + IETC provided a 0.49% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.49% | 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 | 0.49% | 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 | 0.49% | 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.
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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 36.28%, occurring on Oct 14, 2022. Recovery took 290 trading sessions.
The current FTEC + IETC drawdown is 3.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.28% | Dec 28, 2021 | 202 | Oct 14, 2022 | 290 | Dec 11, 2023 | 492 |
| -30.59% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -26.05% | Jan 24, 2025 | 52 | Apr 8, 2025 | — | — | — |
| -23.76% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
| -13.32% | Jul 11, 2024 | 20 | Aug 7, 2024 | 43 | Oct 8, 2024 | 63 |
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 2 assets, with an effective number of assets of 2.00, 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 | IETC | FTEC | Portfolio | |
|---|---|---|---|---|
| ^GSPC | 1.00 | 0.89 | 0.91 | 0.91 |
| IETC | 0.89 | 1.00 | 0.96 | 0.99 |
| FTEC | 0.91 | 0.96 | 1.00 | 0.99 |
| Portfolio | 0.91 | 0.99 | 0.99 | 1.00 |