FTEC vs. FDVV
Compare and contrast key facts about Fidelity MSCI Information Technology Index ETF (FTEC) and Fidelity High Dividend ETF (FDVV).
FTEC and FDVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016. Both FTEC and FDVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FTEC vs. FDVV - Performance Comparison
Loading graphics...
FTEC vs. FDVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | -6.12% | 22.11% | 29.40% | 53.30% | -29.59% | 30.49% | 45.83% | 48.93% | -0.39% | 36.83% |
FDVV Fidelity High Dividend ETF | -1.50% | 17.08% | 21.81% | 18.00% | -4.21% | 29.24% | 2.80% | 24.07% | -1.26% | 14.00% |
Returns By Period
In the year-to-date period, FTEC achieves a -6.12% return, which is significantly lower than FDVV's -1.50% return.
FTEC
- 1D
- 1.28%
- 1M
- -3.61%
- YTD
- -6.12%
- 6M
- -5.70%
- 1Y
- 30.17%
- 3Y*
- 23.47%
- 5Y*
- 15.05%
- 10Y*
- 21.28%
FDVV
- 1D
- 0.29%
- 1M
- -4.85%
- YTD
- -1.50%
- 6M
- 0.38%
- 1Y
- 15.18%
- 3Y*
- 17.01%
- 5Y*
- 12.74%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTEC vs. FDVV - Expense Ratio Comparison
FTEC has a 0.08% expense ratio, which is lower than FDVV's 0.29% expense ratio.
Return for Risk
FTEC vs. FDVV — Risk / Return Rank
FTEC
FDVV
FTEC vs. FDVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Information Technology Index ETF (FTEC) and Fidelity High Dividend ETF (FDVV). 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.
| FTEC | FDVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 1.00 | +0.11 |
Sortino ratioReturn per unit of downside risk | 1.69 | 1.44 | +0.24 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.23 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 1.23 | +0.69 |
Martin ratioReturn relative to average drawdown | 5.93 | 5.34 | +0.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FTEC | FDVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 1.00 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.87 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.74 | +0.12 |
Correlation
The correlation between FTEC and FDVV is 0.70, 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
FTEC vs. FDVV - Dividend Comparison
FTEC's dividend yield for the trailing twelve months is around 0.45%, less than FDVV's 2.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | 0.45% | 0.43% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% |
FDVV Fidelity High Dividend ETF | 2.99% | 2.89% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.66% | 1.04% | 0.00% |
Drawdowns
FTEC vs. FDVV - Drawdown Comparison
The maximum FTEC drawdown since its inception was -34.95%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for FTEC and FDVV.
Loading graphics...
Drawdown Indicators
| FTEC | FDVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.95% | -40.25% | +5.30% |
Max Drawdown (1Y)Largest decline over 1 year | -16.26% | -12.34% | -3.92% |
Max Drawdown (5Y)Largest decline over 5 years | -34.95% | -20.18% | -14.77% |
Max Drawdown (10Y)Largest decline over 10 years | -34.95% | — | — |
Current DrawdownCurrent decline from peak | -11.53% | -6.78% | -4.75% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -3.85% | -1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.27% | 2.84% | +2.43% |
Volatility
FTEC vs. FDVV - Volatility Comparison
Fidelity MSCI Information Technology Index ETF (FTEC) has a higher volatility of 8.01% compared to Fidelity High Dividend ETF (FDVV) at 4.47%. This indicates that FTEC's price experiences larger fluctuations and is considered to be riskier than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FTEC | FDVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.01% | 4.47% | +3.54% |
Volatility (6M)Calculated over the trailing 6-month period | 16.40% | 7.68% | +8.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.53% | 15.32% | +12.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.11% | 14.74% | +10.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.57% | 17.08% | +7.49% |