FTEK.L vs. SPYI

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco KBW NASDAQ Fintech UCITS ETF (FTEK.L) and NEOS S&P 500 High Income ETF (SPYI).

FTEK.L and SPYI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTEK.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 9, 2017. SPYI is an actively managed fund by Neos. It was launched on Aug 29, 2022.

Performance

FTEK.L vs. SPYI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco KBW NASDAQ Fintech UCITS ETF (FTEK.L) and NEOS S&P 500 High Income ETF (SPYI). The values are adjusted to include any dividend payments, if applicable.

FTEK.L vs. SPYI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FTEK.L Invesco KBW NASDAQ Fintech UCITS ETF	-16.04%	-0.53%	33.52%	34.99%	-8.63%
SPYI NEOS S&P 500 High Income ETF	-2.59%	16.67%	19.03%	18.09%	-2.44%

Returns By Period

In the year-to-date period, FTEK.L achieves a -16.04% return, which is significantly lower than SPYI's -2.59% return.

FTEK.L

• 1D: 1.57%
• 1M: -4.06%
• YTD: -16.04%
• 6M: -19.10%
• 1Y: -10.70%
• 3Y*: 12.11%
• 5Y*: 0.89%
• 10Y*: —

SPYI

• 1D: 0.56%
• 1M: -3.70%
• YTD: -2.59%
• 6M: 0.63%
• 1Y: 16.76%
• 3Y*: 14.46%
• 5Y*: —
• 10Y*: —

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

FTEK.L vs. SPYI - Expense Ratio Comparison

FTEK.L has a 0.49% expense ratio, which is lower than SPYI's 0.68% expense ratio.

SPYI

NEOS S&P 500 High Income ETF

FTEK.L

Invesco KBW NASDAQ Fintech UCITS ETF

Return for Risk

FTEK.L vs. SPYI — Risk / Return Rank

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

FTEK.L

FTEK.L Risk / Return Rank: 4
FTEK.L Sharpe Ratio Rank: 4
FTEK.L Sortino Ratio Rank: 4
FTEK.L Omega Ratio Rank: 4
FTEK.L Calmar Ratio Rank: 5
FTEK.L Martin Ratio Rank: 3

SPYI

SPYI Risk / Return Rank: 63
SPYI Sharpe Ratio Rank: 56
SPYI Sortino Ratio Rank: 59
SPYI Omega Ratio Rank: 69
SPYI Calmar Ratio Rank: 58
SPYI Martin Ratio Rank: 74

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.

FTEK.L vs. SPYI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco KBW NASDAQ Fintech UCITS ETF (FTEK.L) and NEOS S&P 500 High Income ETF (SPYI). 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.

	FTEK.L	SPYI	Difference
Sharpe ratio Return per unit of total volatility	-0.47	1.04	-1.50
Sortino ratio Return per unit of downside risk	-0.50	1.57	-2.07
Omega ratio Gain probability vs. loss probability	0.94	1.26	-0.33
Calmar ratio Return relative to maximum drawdown	-0.44	1.54	-1.98
Martin ratio Return relative to average drawdown	-1.09	8.06	-9.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTEK.L vs. SPYI - Sharpe Ratio Comparison

The current FTEK.L Sharpe Ratio is -0.47, which is lower than the SPYI Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of FTEK.L and SPYI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FTEK.L	SPYI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.47	1.04	-1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	1.01	-0.55

Correlation

The correlation between FTEK.L and SPYI is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FTEK.L vs. SPYI - Dividend Comparison

FTEK.L has not paid dividends to shareholders, while SPYI's dividend yield for the trailing twelve months is around 12.43%.

	TTM	2025	2024	2023	2022
FTEK.L Invesco KBW NASDAQ Fintech UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%
SPYI NEOS S&P 500 High Income ETF	12.43%	11.70%	12.04%	12.01%	4.10%

Drawdowns

FTEK.L vs. SPYI - Drawdown Comparison

The maximum FTEK.L drawdown since its inception was -39.74%, which is greater than SPYI's maximum drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for FTEK.L and SPYI.

Drawdown Indicators

	FTEK.L	SPYI	Difference
Max Drawdown Largest peak-to-trough decline	-39.74%	-16.47%	-23.27%
Max Drawdown (1Y) Largest decline over 1 year	-25.27%	-11.02%	-14.25%
Max Drawdown (5Y) Largest decline over 5 years	-38.26%	—	—
Current Drawdown Current decline from peak	-23.57%	-4.50%	-19.07%
Average Drawdown Average peak-to-trough decline	-10.22%	-1.86%	-8.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.26%	2.11%	+8.15%

Volatility

FTEK.L vs. SPYI - Volatility Comparison

Invesco KBW NASDAQ Fintech UCITS ETF (FTEK.L) has a higher volatility of 6.55% compared to NEOS S&P 500 High Income ETF (SPYI) at 5.10%. This indicates that FTEK.L's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTEK.L	SPYI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.55%	5.10%	+1.45%
Volatility (6M) Calculated over the trailing 6-month period	15.96%	8.29%	+7.67%
Volatility (1Y) Calculated over the trailing 1-year period	22.94%	16.22%	+6.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.90%	13.12%	+9.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.01%	13.12%	+8.89%