FTEC vs. TRUT
FTEC (Fidelity MSCI Information Technology Index ETF) and TRUT (Vaneck Technology Trusector ETF) are both Technology Equities funds. FTEC is passively managed, while TRUT is actively managed. With a 0.97 correlation, they move nearly in lockstep. FTEC charges 0.08%/yr vs 0.13%/yr for TRUT.
Performance
FTEC vs. TRUT - Performance Comparison
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Returns By Period
In the year-to-date period, FTEC achieves a 31.89% return, which is significantly higher than TRUT's 25.30% return.
FTEC
- 1D
- -1.49%
- 1M
- 18.21%
- YTD
- 31.89%
- 6M
- 30.74%
- 1Y
- 60.87%
- 3Y*
- 33.93%
- 5Y*
- 22.49%
- 10Y*
- 25.57%
TRUT
- 1D
- -1.46%
- 1M
- 16.68%
- YTD
- 25.30%
- 6M
- 24.37%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTEC vs. TRUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | 31.89% | 10.97% |
TRUT Vaneck Technology Trusector ETF | 25.30% | 10.16% |
Correlation
The correlation between FTEC and TRUT is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 22, 2025 | 0.97 |
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Return for Risk
FTEC vs. TRUT — Risk / Return Rank
FTEC
TRUT
FTEC vs. TRUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Information Technology Index ETF (FTEC) and Vaneck Technology Trusector ETF (TRUT). 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 | TRUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.48 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.76 | — | — |
| Martin ratioReturn relative to average drawdown | 12.10 | — | — |
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 | TRUT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.97 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.99 | 2.39 | -1.41 |
Drawdowns
FTEC vs. TRUT - Drawdown Comparison
The maximum FTEC drawdown since its inception was -34.95%, which is greater than TRUT's maximum drawdown of -18.55%. Use the drawdown chart below to compare losses from any high point for FTEC and TRUT.
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Drawdown Indicators
| FTEC | TRUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.95% | -18.55% | -16.40% |
Max Drawdown (1Y)Largest decline over 1 year | -16.26% | — | — |
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 DrawdownCurrent decline from peak | -1.49% | -1.46% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -5.17% | -0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.05% | — | — |
Volatility
FTEC vs. TRUT - Volatility Comparison
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Volatility by Period
| FTEC | TRUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.14% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.63% | 21.53% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.23% | 21.53% | +3.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.69% | 21.53% | +3.16% |
FTEC vs. TRUT - Expense Ratio Comparison
FTEC has a 0.08% expense ratio, which is lower than TRUT's 0.13% 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. TRUT - Dividend Comparison
FTEC's dividend yield for the trailing twelve months is around 0.32%, more than TRUT's 0.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | 0.32% | 0.43% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% |
TRUT Vaneck Technology Trusector ETF | 0.19% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, FTEC and TRUT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, FTEC is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FTEC is cheaper with a 0.08% expense ratio, compared with 0.13% for TRUT.
FTEC has the higher dividend yield at 0.32%, compared with 0.19% for TRUT.
They also come from different issuers: Fidelity and VanEck. Their fees differ too: 0.08% for FTEC and 0.13% for TRUT.
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