AVGW vs. FTEC

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill AVGO WeeklyPay™ ETF (AVGW) and Fidelity MSCI Information Technology Index ETF (FTEC).

AVGW and FTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVGW is an actively managed fund by Roundhill. It was launched on Jul 24, 2025. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology 25/50 Index. It was launched on Oct 21, 2013.

Performance

AVGW vs. FTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AVGO WeeklyPay™ ETF (AVGW) and Fidelity MSCI Information Technology Index ETF (FTEC). The values are adjusted to include any dividend payments, if applicable.

AVGW vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	-13.46%	20.91%
FTEC Fidelity MSCI Information Technology Index ETF	-7.30%	10.17%

Returns By Period

In the year-to-date period, AVGW achieves a -13.46% return, which is significantly lower than FTEC's -7.30% return.

AVGW

• 1D: 6.58%
• 1M: -4.34%
• YTD: -13.46%
• 6M: -10.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTEC

• 1D: 4.32%
• 1M: -3.83%
• YTD: -7.30%
• 6M: -6.15%
• 1Y: 29.59%
• 3Y*: 22.94%
• 5Y*: 14.76%
• 10Y*: 21.13%

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

AVGW vs. FTEC - Expense Ratio Comparison

AVGW has a 0.99% expense ratio, which is higher than FTEC's 0.08% expense ratio.

AVGW

Roundhill AVGO WeeklyPay™ ETF

FTEC

Fidelity MSCI Information Technology Index ETF

Return for Risk

AVGW vs. FTEC — Risk / Return Rank

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

FTEC

FTEC Risk / Return Rank: 68
FTEC Sharpe Ratio Rank: 65
FTEC Sortino Ratio Rank: 69
FTEC Omega Ratio Rank: 67
FTEC Calmar Ratio Rank: 74
FTEC Martin Ratio Rank: 62

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.

AVGW vs. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AVGW	FTEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.85	-0.72

Correlation

The correlation between AVGW and FTEC is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AVGW vs. FTEC - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 55.75%, more than FTEC's 0.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGW Roundhill AVGO WeeklyPay™ ETF	55.75%	31.15%	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	0.46%	0.43%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%

Drawdowns

AVGW vs. FTEC - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, roughly equal to the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for AVGW and FTEC.

Drawdown Indicators

	AVGW	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	-34.65%	-34.95%	+0.30%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.26%	—
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	-30.35%	-12.65%	-17.70%
Average Drawdown Average peak-to-trough decline	-13.61%	-5.61%	-8.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.22%	—

Volatility

Volatility by Period

	AVGW	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.19%	27.51%	+26.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.19%	25.12%	+29.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.19%	24.57%	+29.62%