AEHR vs. FTEC
Compare and contrast key facts about Aehr Test Systems (AEHR) 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: AEHR or FTEC.
Key characteristics
| AEHR | FTEC | |
|---|---|---|
| YTD Return | -56.20% | 7.56% |
| 1Y Return | -60.15% | 36.50% |
| 3Y Return (Ann) | 77.14% | 13.74% |
| 5Y Return (Ann) | 49.00% | 21.83% |
| 10Y Return (Ann) | 20.23% | 20.20% |
| Sharpe Ratio | -0.78 | 1.98 |
| Daily Std Dev | 74.67% | 18.31% |
| Max Drawdown | -97.98% | -34.95% |
| Current Drawdown | -78.36% | -1.93% |
Correlation
The correlation between AEHR and FTEC is 0.32, 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
AEHR vs. FTEC - Performance Comparison
In the year-to-date period, AEHR achieves a -56.20% return, which is significantly lower than FTEC's 7.56% return. Both investments have delivered pretty close results over the past 10 years, with AEHR having a 20.23% annualized return and FTEC not far behind at 20.20%. 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
AEHR vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aehr Test Systems (AEHR) 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
AEHR vs. FTEC - Dividend Comparison
AEHR has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.72%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEHR Aehr Test Systems | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.72% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
AEHR vs. FTEC - Drawdown Comparison
The maximum AEHR drawdown since its inception was -97.98%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for AEHR and FTEC. For additional features, visit the drawdowns tool.
Volatility
AEHR vs. FTEC - Volatility Comparison
Aehr Test Systems (AEHR) has a higher volatility of 12.54% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 6.18%. This indicates that AEHR's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.