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Fidelity MSCI Information Technology Index ETF

FTEC
ETF · Currency in USD
ISIN
US3160928087
CUSIP
316092808
Issuer
Fidelity
Inception Date
Oct 21, 2013
Region
North America (U.S.)
Category
Technology Equities
Expense Ratio
0.08%
Index Tracked
MSCI USA IMI Information Technology Index
ETF Home Page
screener.fidelity.com
Asset Class
Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

FTECPrice Chart


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S&P 500

FTECPerformance

The chart shows the growth of $10,000 invested in Fidelity MSCI Information Technology Index ETF on Oct 25, 2013 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $53,938 for a total return of roughly 439.38%. All prices are adjusted for splits and dividends.


FTEC (Fidelity MSCI Information Technology Index ETF)
Benchmark (S&P 500)

FTECReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M0.12%
6M8.85%
YTD19.34%
1Y29.02%
5Y29.39%
10Y23.55%

FTECMonthly Returns Heatmap


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FTECSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Fidelity MSCI Information Technology Index ETF Sharpe ratio is 1.48. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


FTEC (Fidelity MSCI Information Technology Index ETF)
Benchmark (S&P 500)

FTECDividends

Fidelity MSCI Information Technology Index ETF granted a 0.64% dividend yield in the last twelve months, as of Oct 16, 2021. The annual payout for that period amounted to $0.79 per share.


PeriodTTM20202019201820172016201520142013
Dividend$0.79$0.86$0.75$0.59$0.48$0.34$0.42$0.35$0.05

Dividend yield

0.64%0.83%1.03%1.20%0.96%0.92%1.27%1.09%0.18%

FTECDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


FTEC (Fidelity MSCI Information Technology Index ETF)
Benchmark (S&P 500)

FTECWorst Drawdowns

The table below shows the maximum drawdowns of the Fidelity MSCI Information Technology Index ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Fidelity MSCI Information Technology Index ETF is 31.90%, recorded on Mar 23, 2020. It took 54 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.9%Feb 20, 202023Mar 23, 202054Jun 9, 202077
-24.12%Aug 30, 201880Dec 24, 201859Mar 21, 2019139
-16.42%Dec 7, 201544Feb 9, 2016112Jul 20, 2016156
-14%May 28, 201563Aug 25, 201542Oct 23, 2015105
-12.33%Sep 3, 202014Sep 23, 202048Dec 1, 202062
-10.81%Feb 16, 202115Mar 8, 202123Apr 9, 202138
-10.71%May 6, 201920Jun 3, 201920Jul 1, 201940
-10.3%Jan 29, 20189Feb 8, 201811Feb 26, 201820
-9.7%Mar 13, 201814Apr 2, 201843Jun 1, 201857
-9.33%Apr 27, 202112May 12, 202128Jun 22, 202140

FTECVolatility Chart

Current Fidelity MSCI Information Technology Index ETF volatility is 14.45%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


FTEC (Fidelity MSCI Information Technology Index ETF)
Benchmark (S&P 500)

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