FTEC vs. ASMH

Last updated Jul 17, 2026

FTEC (Fidelity MSCI Information Technology Index ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds - FTEC tracks the MSCI USA IMI Information Technology 25/50 Index while ASMH tracks the ASML Holding NV Sponsored ADR. Both are passively managed. Over the past year, FTEC returned 35.73% vs 143.52% for ASMH. A 0.64 correlation means they provide meaningful diversification when combined. FTEC charges 0.08%/yr vs 0.19%/yr for ASMH.

Performance

FTEC vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Information Technology Index ETF (FTEC) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTEC achieves a 21.67% return, which is significantly lower than ASMH's 71.44% return.

FTEC

• 1D: -1.93%
• 1M: -2.95%
• 6M: 20.75%
• YTD: 21.67%
• 1Y: 35.73%
• 3Y*: 27.36%
• 5Y*: 18.86%
• 10Y*: 24.23%

ASMH

• 1D: -2.11%
• 1M: 0.25%
• 6M: 36.58%
• YTD: 71.44%
• 1Y: 143.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTEC vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
FTEC Fidelity MSCI Information Technology Index ETF	21.67%	50.46%
ASMH ASML Holding NV ADR Hedged ETF	71.44%	59.22%

Correlation

The correlation between FTEC and ASMH is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.64

The correlation between FTEC and ASMH has been stable across timeframes, ranging from 0.64 to 0.65 - a consistent structural relationship.

Return for Risk

FTEC vs. ASMH — Risk / Return Rank

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

FTEC

FTEC Risk / Return Rank: 51
FTEC Sharpe Ratio Rank: 56
FTEC Sortino Ratio Rank: 50
FTEC Omega Ratio Rank: 50
FTEC Calmar Ratio Rank: 54
FTEC Martin Ratio Rank: 47

ASMH

ASMH Risk / Return Rank: 95
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 89
ASMH Calmar Ratio Rank: 98
ASMH Martin Ratio Rank: 96

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.

FTEC vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Information Technology Index ETF (FTEC) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTEC	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	1.53	3.37	-1.84
Sortino ratio: Return per unit of downside risk	2.03	3.73	-1.70
Omega ratio: Gain probability vs. loss probability	1.26	1.45	-0.19
Calmar ratio: Return relative to maximum drawdown	2.21	9.79	-7.58
Martin ratio: Return relative to average drawdown	6.36	28.17	-21.81

FTEC vs. ASMH - Sharpe Ratio Comparison

The current FTEC Sharpe Ratio is 1.53, which is lower than the ASMH Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of FTEC and ASMH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTEC vs. ASMH - Drawdown Comparison

The maximum FTEC drawdown since its inception was -34.95%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for FTEC and ASMH.

Drawdown Indicators

	FTEC	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-34.95%	-15.89%	-19.06%
Max Drawdown (1Y) Largest decline over 1 year	-16.26%	-14.75%	-1.51%
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	-9.13%	-10.51%	+1.38%
Average Drawdown Average peak-to-trough decline	-5.58%	-4.41%	-1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.63%	5.17%	+0.46%

Volatility

FTEC vs. ASMH - Volatility Comparison

The current volatility for Fidelity MSCI Information Technology Index ETF (FTEC) is 8.65%, while ASML Holding NV ADR Hedged ETF (ASMH) has a volatility of 18.11%. This indicates that FTEC experiences smaller price fluctuations and is considered to be less risky than ASMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTEC	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.65%	18.11%	-9.46%
Volatility (6M) Calculated over the trailing 6-month period	19.55%	34.14%	-14.59%
Volatility (1Y) Calculated over the trailing 1-year period	23.50%	43.78%	-20.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.75%	41.26%	-15.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.90%	41.26%	-16.36%

FTEC vs. ASMH - Expense Ratio Comparison

FTEC has a 0.08% expense ratio, which is lower than ASMH's 0.19% 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%.

Dividends

FTEC vs. ASMH - Dividend Comparison

FTEC's dividend yield for the trailing twelve months is around 0.37%, less than ASMH's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASMH ASML Holding NV ADR Hedged ETF	1.63%	0.19%	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	0.37%	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 FTEC and ASMH in my portfolio?

FTEC and ASMH have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTEC or ASMH?

ASMH has higher volatility (18.11%) compared to FTEC (8.65%). In terms of maximum drawdown, FTEC dropped -34.95% vs ASMH's -15.89%.

Which ETF is better, FTEC or ASMH?

On 1-year performance, ASMH leads with 143.52% vs 35.73% for FTEC. On fees, FTEC is cheaper at 0.08% per year. On volatility, FTEC has been the lower-risk option at 8.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTEC or ASMH?

Over the 1-year period, ASMH has performed better with a 143.52% return vs 35.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTEC or ASMH?

FTEC is cheaper with a 0.08% expense ratio, compared with 0.19% for ASMH.

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

ASMH has the higher dividend yield at 1.63%, compared with 0.37% for FTEC.

What is the main difference between FTEC and ASMH?

FTEC tracks MSCI USA IMI Information Technology 25/50 Index, while ASMH tracks ASML Holding NV Sponsored ADR. They also come from different issuers: Fidelity and Precidian Funds. Their fees differ too: 0.08% for FTEC and 0.19% for ASMH.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.37 vs 1.53), 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.