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FTEC vs. FSPTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FTEC vs. FSPTX - Performance Comparison

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

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FTEC vs. FSPTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
FSPTX
Fidelity Select Technology Portfolio
-8.57%23.37%41.76%59.83%-36.91%21.99%63.95%51.08%-9.03%49.75%

Returns By Period

In the year-to-date period, FTEC achieves a -7.30% return, which is significantly higher than FSPTX's -8.57% return. Over the past 10 years, FTEC has underperformed FSPTX with an annualized return of 21.13%, while FSPTX has yielded a comparatively higher 22.24% annualized return.


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%

FSPTX

1D
-2.07%
1M
-7.34%
YTD
-8.57%
6M
-7.04%
1Y
31.57%
3Y*
26.70%
5Y*
13.98%
10Y*
22.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FTEC vs. FSPTX - Expense Ratio Comparison

FTEC has a 0.08% expense ratio, which is lower than FSPTX's 0.67% expense ratio.


Return for Risk

FTEC vs. FSPTX — Risk / Return Rank

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

FTEC
FTEC Risk / Return Rank: 6868
Overall Rank
FTEC Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FTEC Sortino Ratio Rank: 6969
Sortino Ratio Rank
FTEC Omega Ratio Rank: 6767
Omega Ratio Rank
FTEC Calmar Ratio Rank: 7474
Calmar Ratio Rank
FTEC Martin Ratio Rank: 6262
Martin Ratio Rank

FSPTX
FSPTX Risk / Return Rank: 6767
Overall Rank
FSPTX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
FSPTX Sortino Ratio Rank: 6767
Sortino Ratio Rank
FSPTX Omega Ratio Rank: 6363
Omega Ratio Rank
FSPTX Calmar Ratio Rank: 7777
Calmar Ratio Rank
FSPTX Martin Ratio Rank: 6565
Martin Ratio Rank
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. FSPTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Information Technology Index ETF (FTEC) and Fidelity Select Technology Portfolio (FSPTX). 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.


FTECFSPTXDifference

Sharpe ratio

Return per unit of total volatility

1.08

1.08

0.00

Sortino ratio

Return per unit of downside risk

1.66

1.65

+0.01

Omega ratio

Gain probability vs. loss probability

1.23

1.23

0.00

Calmar ratio

Return relative to maximum drawdown

1.81

1.78

+0.02

Martin ratio

Return relative to average drawdown

5.63

6.19

-0.56

FTEC vs. FSPTX - Sharpe Ratio Comparison

The current FTEC Sharpe Ratio is 1.08, which is comparable to the FSPTX Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of FTEC and FSPTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FTECFSPTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.08

1.08

0.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

0.52

+0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.86

0.86

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.85

0.52

+0.33

Correlation

The correlation between FTEC and FSPTX is 0.96, 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. FSPTX - Dividend Comparison

FTEC's dividend yield for the trailing twelve months is around 0.46%, less than FSPTX's 9.91% yield.


TTM20252024202320222021202020192018201720162015
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%
FSPTX
Fidelity Select Technology Portfolio
9.91%9.06%9.42%0.01%3.95%11.62%18.86%1.86%23.77%8.32%1.54%4.19%

Drawdowns

FTEC vs. FSPTX - Drawdown Comparison

The maximum FTEC drawdown since its inception was -34.95%, smaller than the maximum FSPTX drawdown of -84.37%. Use the drawdown chart below to compare losses from any high point for FTEC and FSPTX.


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Drawdown Indicators


FTECFSPTXDifference

Max Drawdown

Largest peak-to-trough decline

-34.95%

-84.37%

+49.42%

Max Drawdown (1Y)

Largest decline over 1 year

-16.26%

-15.49%

-0.77%

Max Drawdown (5Y)

Largest decline over 5 years

-34.95%

-42.16%

+7.21%

Max Drawdown (10Y)

Largest decline over 10 years

-34.95%

-42.16%

+7.21%

Current Drawdown

Current decline from peak

-12.65%

-13.71%

+1.06%

Average Drawdown

Average peak-to-trough decline

-5.61%

-27.13%

+21.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.22%

4.47%

+0.75%

Volatility

FTEC vs. FSPTX - Volatility Comparison

Fidelity MSCI Information Technology Index ETF (FTEC) has a higher volatility of 7.97% compared to Fidelity Select Technology Portfolio (FSPTX) at 6.73%. This indicates that FTEC's price experiences larger fluctuations and is considered to be riskier than FSPTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FTECFSPTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.97%

6.73%

+1.24%

Volatility (6M)

Calculated over the trailing 6-month period

16.35%

16.55%

-0.20%

Volatility (1Y)

Calculated over the trailing 1-year period

27.51%

29.04%

-1.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.12%

27.19%

-2.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.57%

25.81%

-1.24%