HODL vs. FTEC
Compare and contrast key facts about VanEck Bitcoin Trust (HODL) and Fidelity MSCI Information Technology Index ETF (FTEC).
HODL and FTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HODL is a passively managed fund by VanEck that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 4, 2024. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013. Both HODL and FTEC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HODL or FTEC.
Correlation
The correlation between HODL and FTEC is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HODL vs. FTEC - Performance Comparison
Key characteristics
HODL:
0.80
FTEC:
0.37
HODL:
1.44
FTEC:
0.72
HODL:
1.17
FTEC:
1.10
HODL:
1.55
FTEC:
0.41
HODL:
3.41
FTEC:
1.42
HODL:
12.73%
FTEC:
7.90%
HODL:
54.02%
FTEC:
30.24%
HODL:
-28.07%
FTEC:
-34.95%
HODL:
-10.58%
FTEC:
-15.47%
Returns By Period
In the year-to-date period, HODL achieves a 2.13% return, which is significantly higher than FTEC's -11.96% return.
HODL
2.13%
13.93%
42.90%
49.67%
N/A
N/A
FTEC
-11.96%
0.64%
-9.01%
9.02%
19.67%
18.67%
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HODL vs. FTEC - Expense Ratio Comparison
HODL has a 0.25% expense ratio, which is higher than FTEC's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
HODL vs. FTEC — Risk-Adjusted Performance Rank
HODL
FTEC
HODL vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Bitcoin Trust (HODL) 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.
Dividends
HODL vs. FTEC - Dividend Comparison
HODL has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.55%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HODL VanEck Bitcoin Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.55% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
Drawdowns
HODL vs. FTEC - Drawdown Comparison
The maximum HODL drawdown since its inception was -28.07%, smaller than the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for HODL and FTEC. For additional features, visit the drawdowns tool.
Volatility
HODL vs. FTEC - Volatility Comparison
The current volatility for VanEck Bitcoin Trust (HODL) is 16.21%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 19.46%. This indicates that HODL experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.