GTEC vs. FTEC

Last updated Aug 1, 2026

GTEC (Greenland Technologies Holding Corporation) is a stock, while FTEC (Fidelity MSCI Information Technology Index ETF) is Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Over the past 5 years, GTEC returned -39.54%/yr vs 18.05%/yr for FTEC. Their 0.15 correlation means their historical movements had little consistent relationship.

Performance

GTEC vs. FTEC - Performance Comparison

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

Returns By Period

In the year-to-date period, GTEC achieves a -15.24% return, which is significantly lower than FTEC's 20.47% return.

GTEC

• 1D: -1.01%
• 1M: -6.23%
• 6M: -42.28%
• YTD: -15.24%
• 1Y: -66.70%
• 3Y*: -31.97%
• 5Y*: -39.54%
• 10Y*: —
• ALL TIME*: -30.69%

FTEC

• 1D: -0.35%
• 1M: -1.38%
• 6M: 21.39%
• YTD: 20.47%
• 1Y: 35.19%
• 3Y*: 26.88%
• 5Y*: 18.05%
• 10Y*: 23.84%
• ALL TIME*: 21.45%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTEC Fidelity MSCI Information Technology Index ETF	$82.97M	$78.72M	$94.67M
GTEC Greenland Technologies Holding Corporation	$35.17K	$35.52K	$62.62K

GTEC vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GTEC Greenland Technologies Holding Corporation	-15.24%	-68.41%	-30.47%	27.98%	-66.10%	-11.19%	44.80%	-49.49%	2.27%
FTEC Fidelity MSCI Information Technology Index ETF	20.47%	22.11%	29.40%	53.30%	-29.59%	30.49%	45.83%	48.93%	-15.30%

Correlation

The correlation between GTEC and FTEC is 0.17, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.17
Correlation (3Y) Balances recent behavior with more history.	0.17
Correlation (5Y) Shows whether the relationship held over a longer period.	0.21
Correlation (All Time) Calculated using the full available price history since Aug 8, 2018	0.15

Return for Risk

GTEC vs. FTEC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GTEC

GTEC Risk / Return Rank: 8
GTEC Sharpe Ratio Rank: 12
GTEC Sortino Ratio Rank: 11
GTEC Omega Ratio Rank: 12
GTEC Calmar Ratio Rank: 0
GTEC Martin Ratio Rank: 6

FTEC

FTEC Risk / Return Rank: 52
FTEC Sharpe Ratio Rank: 55
FTEC Sortino Ratio Rank: 52
FTEC Omega Ratio Rank: 51
FTEC Calmar Ratio Rank: 56
FTEC Martin Ratio Rank: 47

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GTEC vs. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Greenland Technologies Holding Corporation (GTEC) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GTEC	FTEC	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	1.31	-2.03
Sortino ratio: Return per unit of downside risk	-1.12	1.83	-2.95
Omega ratio: Gain probability vs. loss probability	0.87	1.23	-0.36
Calmar ratio: Return relative to maximum drawdown	-1.02	1.97	-2.98
Martin ratio: Return relative to average drawdown	-1.49	5.31	-6.80

GTEC vs. FTEC - Sharpe Ratio Comparison

The current GTEC Sharpe Ratio is -0.72, which is lower than the FTEC Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of GTEC and FTEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GTEC vs. FTEC - Drawdown Comparison

The maximum GTEC drawdown since its inception was -96.77%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for GTEC and FTEC.

Drawdown Indicators

	GTEC	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	-96.77%	-34.95%	-61.82%
Max Drawdown (1Y) Largest decline over 1 year	-68.38%	-16.26%	-52.12%
Max Drawdown (3Y) Largest decline over 3 years	-89.65%	-27.30%	-62.35%
Max Drawdown (5Y) Largest decline over 5 years	-95.62%	-34.95%	-60.67%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.95%	—
Current Drawdown Current decline from peak	-96.72%	-10.03%	-86.69%
Average Drawdown Average peak-to-trough decline	-64.85%	-5.59%	-59.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	48.84%	6.02%	+42.82%

Volatility

GTEC vs. FTEC - Volatility Comparison

Greenland Technologies Holding Corporation (GTEC) has a higher volatility of 14.59% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 8.49%. This indicates that GTEC's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTEC	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.59%	8.49%	+6.10%
Volatility (6M) Calculated over the trailing 6-month period	48.51%	20.19%	+28.32%
Volatility (1Y) Calculated over the trailing 1-year period	96.68%	24.35%	+72.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.20%	25.87%	+75.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	125.66%	24.98%	+100.68%

Dividends

GTEC vs. FTEC - Dividend Comparison

GTEC has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTEC Fidelity MSCI Information Technology Index ETF	0.37%	0.43%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%
GTEC Greenland Technologies Holding Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GTEC and FTEC in my portfolio?

GTEC and FTEC have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTEC or FTEC?

GTEC has higher volatility (14.59%) compared to FTEC (8.49%). In terms of maximum drawdown, GTEC dropped -96.77% vs FTEC's -34.95%.

Which has better risk-adjusted returns?

FTEC currently has the higher Sharpe Ratio (1.31 vs -0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.