FCPI vs. FTEC
Compare and contrast key facts about Fidelity Stocks for Inflation ETF (FCPI) and Fidelity MSCI Information Technology Index ETF (FTEC).
FCPI and FTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCPI is a passively managed fund by Fidelity that tracks the performance of the Fidelity Stocks for Inflation Factor Index. It was launched on Nov 5, 2019. 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. Both FCPI and FTEC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCPI or FTEC.
Correlation
The correlation between FCPI and FTEC is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FCPI vs. FTEC - Performance Comparison
Key characteristics
FCPI:
2.08
FTEC:
1.16
FCPI:
2.75
FTEC:
1.60
FCPI:
1.37
FTEC:
1.21
FCPI:
3.75
FTEC:
1.70
FCPI:
11.44
FTEC:
5.88
FCPI:
2.45%
FTEC:
4.40%
FCPI:
13.49%
FTEC:
22.48%
FCPI:
-37.26%
FTEC:
-34.95%
FCPI:
0.00%
FTEC:
-0.54%
Returns By Period
In the year-to-date period, FCPI achieves a 7.38% return, which is significantly higher than FTEC's 3.59% return.
FCPI
7.38%
2.51%
11.97%
27.35%
14.33%
N/A
FTEC
3.59%
2.54%
11.66%
27.42%
20.11%
20.44%
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FCPI vs. FTEC - Expense Ratio Comparison
FCPI has a 0.29% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
FCPI vs. FTEC — Risk-Adjusted Performance Rank
FCPI
FTEC
FCPI vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Stocks for Inflation ETF (FCPI) 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
FCPI vs. FTEC - Dividend Comparison
FCPI's dividend yield for the trailing twelve months is around 1.20%, more than FTEC's 0.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCPI Fidelity Stocks for Inflation ETF | 1.20% | 1.29% | 1.88% | 1.77% | 1.19% | 3.53% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.47% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
Drawdowns
FCPI vs. FTEC - Drawdown Comparison
The maximum FCPI drawdown since its inception was -37.26%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FCPI and FTEC. For additional features, visit the drawdowns tool.
Volatility
FCPI vs. FTEC - Volatility Comparison
The current volatility for Fidelity Stocks for Inflation ETF (FCPI) is 4.90%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.82%. This indicates that FCPI 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.