AGIX vs. FTEC

Last updated Jun 4, 2026

AGIX (KraneShares Artificial Intelligence & Technology ETF) and FTEC (Fidelity MSCI Information Technology Index ETF) are both Technology Equities funds - AGIX tracks the Solactive Etna Artificial General Intelligence Index while FTEC tracks the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past year, AGIX returned 65.78% vs 60.87% for FTEC. Their correlation of 0.90 suggests significant overlap in exposure. AGIX charges 1.00%/yr vs 0.08%/yr for FTEC.

Performance

AGIX vs. FTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Artificial Intelligence & Technology ETF (AGIX) and Fidelity MSCI Information Technology Index ETF (FTEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with AGIX having a 33.40% return and FTEC slightly lower at 31.89%.

AGIX

• 1D: -1.84%
• 1M: 18.09%
• YTD: 33.40%
• 6M: 34.78%
• 1Y: 65.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTEC

• 1D: -1.49%
• 1M: 18.21%
• YTD: 31.89%
• 6M: 30.74%
• 1Y: 60.87%
• 3Y*: 33.93%
• 5Y*: 22.49%
• 10Y*: 25.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGIX vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AGIX KraneShares Artificial Intelligence & Technology ETF	33.40%	29.24%	15.47%
FTEC Fidelity MSCI Information Technology Index ETF	31.89%	22.11%	7.50%

Correlation

The correlation between AGIX and FTEC is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jul 19, 2024	0.90

The correlation between AGIX and FTEC has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

AGIX vs. FTEC - Sectors Allocation Comparison

Sectors	AGIX	FTEC
Technology	69.6%	98.0%
Communication Services	10.5%	0.0%
Consumer Cyclical	6.1%	0.0%
Financial Services	5.6%	0.6%
Industrials	2.2%	0.6%
Utilities	1.2%	-
Healthcare	0.9%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	0.4%
Real Estate	-	-

Return for Risk

AGIX vs. FTEC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGIX

AGIX Risk / Return Rank: 68
AGIX Sharpe Ratio Rank: 80
AGIX Sortino Ratio Rank: 71
AGIX Omega Ratio Rank: 68
AGIX Calmar Ratio Rank: 66
AGIX Martin Ratio Rank: 55

FTEC

FTEC Risk / Return Rank: 77
FTEC Sharpe Ratio Rank: 87
FTEC Sortino Ratio Rank: 80
FTEC Omega Ratio Rank: 78
FTEC Calmar Ratio Rank: 73
FTEC Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGIX vs. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Artificial Intelligence & Technology ETF (AGIX) 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.

	AGIX	FTEC	Difference
Sharpe ratio Return per unit of total volatility	2.63	2.97	-0.34
Sortino ratio Return per unit of downside risk	3.27	3.65	-0.38
Omega ratio Gain probability vs. loss probability	1.42	1.48	-0.06
Calmar ratio Return relative to maximum drawdown	3.33	3.76	-0.43
Martin ratio Return relative to average drawdown	9.79	12.10	-2.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGIX vs. FTEC - Sharpe Ratio Comparison

The current AGIX Sharpe Ratio is 2.63, which is comparable to the FTEC Sharpe Ratio of 2.97. The chart below compares the historical Sharpe Ratios of AGIX and FTEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AGIX	FTEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	2.97	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.90	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.53	0.99	+0.54

Drawdowns

AGIX vs. FTEC - Drawdown Comparison

The maximum AGIX drawdown since its inception was -31.48%, smaller than the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for AGIX and FTEC.

Drawdown Indicators

	AGIX	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	-31.48%	-34.95%	+3.47%
Max Drawdown (1Y) Largest decline over 1 year	-19.85%	-16.26%	-3.59%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.95%	—
Current Drawdown Current decline from peak	-1.96%	-1.49%	-0.47%
Average Drawdown Average peak-to-trough decline	-5.83%	-5.56%	-0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.74%	5.05%	+1.69%

Volatility

AGIX vs. FTEC - Volatility Comparison

KraneShares Artificial Intelligence & Technology ETF (AGIX) has a higher volatility of 8.30% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 6.43%. This indicates that AGIX'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.

Volatility by Period

	AGIX	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.30%	6.43%	+1.87%
Volatility (6M) Calculated over the trailing 6-month period	19.85%	16.14%	+3.71%
Volatility (1Y) Calculated over the trailing 1-year period	25.11%	20.63%	+4.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.24%	25.23%	+4.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.24%	24.69%	+4.55%

AGIX vs. FTEC - Expense Ratio Comparison

AGIX has a 1.00% expense ratio, which is higher than FTEC's 0.08% expense ratio.

Dividends

AGIX vs. FTEC - Dividend Comparison

AGIX's dividend yield for the trailing twelve months is around 0.90%, more than FTEC's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGIX KraneShares Artificial Intelligence & Technology ETF	0.90%	1.21%	0.77%	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	0.32%	0.43%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%

Frequently Asked Questions

Can I hold both AGIX and FTEC in my portfolio?

AGIX and FTEC have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AGIX or FTEC?

AGIX has higher volatility (8.30%) compared to FTEC (6.43%). In terms of maximum drawdown, AGIX dropped -31.48% vs FTEC's -34.95%.

Which ETF is better, AGIX or FTEC?

On 1-year performance, AGIX leads with 65.78% vs 60.87% for FTEC. On fees, FTEC is cheaper at 0.08% per year. On volatility, FTEC has been the lower-risk option at 6.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AGIX or FTEC?

Over the 1-year period, AGIX has performed better with a 65.78% return vs 60.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AGIX or FTEC?

FTEC is cheaper with a 0.08% expense ratio, compared with 1.00% for AGIX.

Which ETF pays a higher dividend yield, AGIX or FTEC?

AGIX has the higher dividend yield at 0.90%, compared with 0.32% for FTEC.

What is the main difference between AGIX and FTEC?

AGIX tracks Solactive Etna Artificial General Intelligence Index, while FTEC tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: Kraneshares and Fidelity. Their fees differ too: 1.00% for AGIX and 0.08% for FTEC.

Which has better risk-adjusted returns?

FTEC currently has the higher Sharpe Ratio (2.97 vs 2.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.