FSAEX vs. FTEC
Compare and contrast key facts about Fidelity Series All-Sector Equity Fund (FSAEX) and Fidelity MSCI Information Technology Index ETF (FTEC).
FSAEX is managed by Fidelity. It was launched on Oct 17, 2008. 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
FSAEX vs. FTEC - Performance Comparison
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FSAEX vs. FTEC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSAEX Fidelity Series All-Sector Equity Fund | -8.21% | 19.80% | 26.86% | 30.61% | -18.55% | 26.89% | 26.23% | 32.18% | -6.56% | 21.64% |
FTEC Fidelity MSCI Information Technology Index ETF | -7.30% | 22.11% | 29.40% | 53.30% | -29.59% | 30.49% | 45.83% | 48.93% | -0.39% | 36.83% |
Returns By Period
In the year-to-date period, FSAEX achieves a -8.21% return, which is significantly lower than FTEC's -7.30% return. Over the past 10 years, FSAEX has underperformed FTEC with an annualized return of 14.62%, while FTEC has yielded a comparatively higher 21.13% annualized return.
FSAEX
- 1D
- -0.56%
- 1M
- -8.01%
- YTD
- -8.21%
- 6M
- -6.24%
- 1Y
- 16.80%
- 3Y*
- 18.69%
- 5Y*
- 11.91%
- 10Y*
- 14.62%
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%
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FSAEX vs. FTEC - Expense Ratio Comparison
FSAEX has a 0.00% expense ratio, which is lower than FTEC's 0.08% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FSAEX vs. FTEC — Risk / Return Rank
FSAEX
FTEC
FSAEX vs. FTEC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series All-Sector Equity Fund (FSAEX) 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.
| FSAEX | FTEC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 1.08 | -0.15 |
Sortino ratioReturn per unit of downside risk | 1.42 | 1.66 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.23 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.24 | 1.81 | -0.57 |
Martin ratioReturn relative to average drawdown | 5.64 | 5.63 | +0.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSAEX | FTEC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 1.08 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.59 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.86 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.85 | -0.18 |
Correlation
The correlation between FSAEX and FTEC is 0.89, 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.
Dividends
FSAEX vs. FTEC - Dividend Comparison
FSAEX's dividend yield for the trailing twelve months is around 9.12%, more than FTEC's 0.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSAEX Fidelity Series All-Sector Equity Fund | 9.12% | 7.36% | 8.95% | 5.50% | 11.89% | 20.94% | 12.13% | 8.60% | 41.30% | 14.60% | 17.85% | 9.61% |
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
FSAEX vs. FTEC - Drawdown Comparison
The maximum FSAEX drawdown since its inception was -34.55%, roughly equal to the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FSAEX and FTEC.
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Drawdown Indicators
| FSAEX | FTEC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.55% | -34.95% | +0.40% |
Max Drawdown (1Y)Largest decline over 1 year | -12.03% | -16.26% | +4.23% |
Max Drawdown (5Y)Largest decline over 5 years | -24.66% | -34.95% | +10.29% |
Max Drawdown (10Y)Largest decline over 10 years | -34.55% | -34.95% | +0.40% |
Current DrawdownCurrent decline from peak | -9.83% | -12.65% | +2.82% |
Average DrawdownAverage peak-to-trough decline | -4.59% | -5.61% | +1.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 5.22% | -2.58% |
Volatility
FSAEX vs. FTEC - Volatility Comparison
The current volatility for Fidelity Series All-Sector Equity Fund (FSAEX) is 4.62%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.97%. This indicates that FSAEX 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.
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Volatility by Period
| FSAEX | FTEC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 7.97% | -3.35% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 16.35% | -6.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.64% | 27.51% | -8.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.84% | 25.12% | -7.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.76% | 24.57% | -5.81% |