0303.HK vs. FTEC
Compare and contrast key facts about VTech Holdings Ltd (0303.HK) and Fidelity MSCI Information Technology Index ETF (FTEC).
FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0303.HK or FTEC.
Key characteristics
| 0303.HK | FTEC | |
|---|---|---|
| YTD Return | 17.47% | 10.70% |
| 1Y Return | 20.94% | 23.88% |
| 3Y Return (Ann) | -2.66% | 8.65% |
| 5Y Return (Ann) | 4.11% | 20.78% |
| 10Y Return (Ann) | 1.48% | 19.24% |
| Sharpe Ratio | 1.00 | 1.06 |
| Daily Std Dev | 22.11% | 20.76% |
| Max Drawdown | -94.52% | -34.95% |
| Current Drawdown | -23.42% | -12.11% |
Correlation
The correlation between 0303.HK and FTEC is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
0303.HK vs. FTEC - Performance Comparison
In the year-to-date period, 0303.HK achieves a 17.47% return, which is significantly higher than FTEC's 10.70% return. Over the past 10 years, 0303.HK has underperformed FTEC with an annualized return of 1.48%, while FTEC has yielded a comparatively higher 19.24% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
0303.HK vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VTech Holdings Ltd (0303.HK) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
Dividends
0303.HK vs. FTEC - Dividend Comparison
0303.HK's dividend yield for the trailing twelve months is around 9.83%, more than FTEC's 0.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0303.HK VTech Holdings Ltd | 9.83% | 9.78% | 10.59% | 11.59% | 6.83% | 6.80% | 9.68% | 5.34% | 3.14% | 7.52% | 5.65% | 6.16% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.71% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
0303.HK vs. FTEC - Drawdown Comparison
The maximum 0303.HK drawdown since its inception was -94.52%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for 0303.HK and FTEC. For additional features, visit the drawdowns tool.
Volatility
0303.HK vs. FTEC - Volatility Comparison
The current volatility for VTech Holdings Ltd (0303.HK) is 4.49%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.55%. This indicates that 0303.HK experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.