FTEC vs. RFISX
Compare and contrast key facts about Fidelity MSCI Information Technology Index ETF (FTEC) and Ranger Small Cap Fund (RFISX).
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. RFISX is managed by Ranger Funds. It was launched on Sep 29, 2011.
Performance
FTEC vs. RFISX - Performance Comparison
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Returns By Period
In the year-to-date period, FTEC achieves a -5.31% return, which is significantly lower than RFISX's -3.58% return. Over the past 10 years, FTEC has outperformed RFISX with an annualized return of 21.45%, while RFISX has yielded a comparatively lower 7.86% annualized return.
FTEC
- 1D
- 0.86%
- 1M
- -2.73%
- YTD
- -5.31%
- 6M
- -5.33%
- 1Y
- 49.87%
- 3Y*
- 23.87%
- 5Y*
- 15.25%
- 10Y*
- 21.45%
RFISX
- 1D
- 0.85%
- 1M
- -4.47%
- YTD
- -3.58%
- 6M
- -3.50%
- 1Y
- 12.25%
- 3Y*
- 2.92%
- 5Y*
- -1.96%
- 10Y*
- 7.86%
FTEC vs. RFISX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | -5.31% | 22.11% | 29.40% | 53.30% | -29.59% | 30.49% | 45.83% | 48.93% | -0.39% | 36.83% |
RFISX Ranger Small Cap Fund | -3.58% | -3.01% | 6.32% | 20.25% | -30.89% | 17.29% | 32.82% | 29.66% | -7.80% | 15.38% |
Correlation
The correlation between FTEC and RFISX is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined. Holding both can reduce overall portfolio volatility compared to holding either one alone.
FTEC vs. RFISX - Expense Ratio Comparison
FTEC has a 0.08% expense ratio, which is lower than RFISX's 1.11% expense ratio.
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Return for Risk
FTEC vs. RFISX — Risk / Return Rank
FTEC
RFISX
FTEC vs. RFISX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Information Technology Index ETF (FTEC) and Ranger Small Cap Fund (RFISX). 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 | RFISX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 0.04 | +1.06 |
Sortino ratioReturn per unit of downside risk | 1.69 | 0.22 | +1.47 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.03 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 0.17 | +1.76 |
Martin ratioReturn relative to average drawdown | 5.88 | 0.56 | +5.33 |
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
| FTEC | RFISX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 0.04 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | -0.00 | +0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.01 | +0.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.01 | +0.85 |
Drawdowns
FTEC vs. RFISX - Drawdown Comparison
The maximum FTEC drawdown since its inception was -34.95%, smaller than the maximum RFISX drawdown of -98.44%. Use the drawdown chart below to compare losses from any high point for FTEC and RFISX.
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Drawdown Indicators
| FTEC | RFISX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.95% | -98.44% | +63.49% |
Max Drawdown (1Y)Largest decline over 1 year | -16.26% | -14.67% | -1.59% |
Max Drawdown (5Y)Largest decline over 5 years | -34.95% | -98.44% | +63.49% |
Max Drawdown (10Y)Largest decline over 10 years | -34.95% | -98.44% | +63.49% |
Current DrawdownCurrent decline from peak | -10.77% | -98.20% | +87.43% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -16.72% | +11.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.32% | 4.36% | +0.96% |
Volatility
FTEC vs. RFISX - Volatility Comparison
Fidelity MSCI Information Technology Index ETF (FTEC) has a higher volatility of 7.94% compared to Ranger Small Cap Fund (RFISX) at 7.37%. This indicates that FTEC's price experiences larger fluctuations and is considered to be riskier than RFISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTEC | RFISX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.94% | 7.37% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 16.40% | 13.84% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.53% | 22.14% | +5.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.10% | 2,191.18% | -2,166.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.57% | 1,549.20% | -1,524.63% |
Dividends
FTEC vs. RFISX - Dividend Comparison
FTEC's dividend yield for the trailing twelve months is around 0.45%, less than RFISX's 11.17% 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% |
RFISX Ranger Small Cap Fund | 11.17% | 10.77% | 0.00% | 6.35% | 3.76% | 10.05% | 6.71% | 6.62% | 16.25% | 8.08% | 9.32% | 6.87% |