ICTEX vs. FTCHX
ICTEX (ICON Health and Information Technology Fund) and FTCHX (Invesco Technology Fund) are both Technology Equities funds. Over the past 10 years, ICTEX returned 16.89%/yr vs 18.11%/yr for FTCHX. Their correlation of 0.88 means they have usually moved in the same direction. ICTEX charges 1.26%/yr vs 0.91%/yr for FTCHX.
Performance
ICTEX vs. FTCHX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ICTEX achieves a 30.13% return, which is significantly higher than FTCHX's 21.73% return. Over the past 10 years, ICTEX has underperformed FTCHX with an annualized return of 16.89%, while FTCHX has yielded a comparatively higher 18.11% annualized return.
ICTEX
- 1D
- 1.42%
- 1M
- 1.11%
- 6M
- 21.82%
- YTD
- 30.13%
- 1Y
- 49.38%
- 3Y*
- 24.92%
- 5Y*
- 11.31%
- 10Y*
- 16.89%
- ALL TIME*
- 9.83%
FTCHX
- 1D
- 1.03%
- 1M
- -8.95%
- 6M
- 13.64%
- YTD
- 21.73%
- 1Y
- 36.70%
- 3Y*
- 28.27%
- 5Y*
- 12.20%
- 10Y*
- 18.11%
- ALL TIME*
- 9.76%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
ICTEX vs. FTCHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICTEX ICON Health and Information Technology Fund | 30.13% | 17.55% | 20.45% | 13.59% | -19.38% | 17.62% | 33.94% | 43.72% | -11.19% | 32.52% |
FTCHX Invesco Technology Fund | 21.73% | 20.77% | 34.49% | 47.38% | -39.96% | 13.00% | 46.14% | 35.62% | -0.88% | 34.78% |
Correlation
The correlation between ICTEX and FTCHX is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.81 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 1997 | 0.88 |
The correlation between ICTEX and FTCHX has been stable across timeframes, ranging from 0.81 to 0.88 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ICTEX vs. FTCHX — Risk / Return Rank
ICTEX
FTCHX
ICTEX vs. FTCHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ICON Health and Information Technology Fund (ICTEX) and Invesco Technology Fund (FTCHX). 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.
| ICTEX | FTCHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.18 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.43 | 1.41 | +2.02 |
| Martin ratioReturn relative to average drawdown | 13.16 | 5.75 | +7.41 |
Loading charts...
Drawdowns
ICTEX vs. FTCHX - Drawdown Comparison
The maximum ICTEX drawdown since its inception was -64.92%, smaller than the maximum FTCHX drawdown of -87.78%. Use the drawdown chart below to compare losses from any high point for ICTEX and FTCHX.
Loading charts...
Drawdown Indicators
| ICTEX | FTCHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.92% | -87.78% | +22.86% |
Max Drawdown (1Y)Largest decline over 1 year | -13.58% | -24.02% | +10.44% |
Max Drawdown (3Y)Largest decline over 3 years | -25.38% | -30.38% | +5.00% |
Max Drawdown (5Y)Largest decline over 5 years | -26.67% | -47.89% | +21.22% |
Max Drawdown (10Y)Largest decline over 10 years | -35.08% | -47.89% | +12.81% |
Current DrawdownCurrent decline from peak | -2.24% | -17.59% | +15.35% |
Average DrawdownAverage peak-to-trough decline | -17.91% | -36.30% | +18.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 5.89% | -2.35% |
Volatility
ICTEX vs. FTCHX - Volatility Comparison
The current volatility for ICON Health and Information Technology Fund (ICTEX) is 6.19%, while Invesco Technology Fund (FTCHX) has a volatility of 14.94%. This indicates that ICTEX experiences smaller price fluctuations and is considered to be less risky than FTCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ICTEX | FTCHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 14.94% | -8.75% |
Volatility (6M)Calculated over the trailing 6-month period | 16.24% | 29.82% | -13.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.56% | 34.86% | -14.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.81% | 30.31% | -10.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.37% | 27.20% | -5.83% |
ICTEX vs. FTCHX - Expense Ratio Comparison
ICTEX has a 1.26% expense ratio, which is higher than FTCHX's 0.91% expense ratio.
Dividends
ICTEX vs. FTCHX - Dividend Comparison
ICTEX's dividend yield for the trailing twelve months is around 15.95%, less than FTCHX's 21.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTCHX Invesco Technology Fund | 21.81% | 26.56% | 13.59% | 0.80% | 1.60% | 27.66% | 7.06% | 9.58% | 9.01% | 4.14% | 6.98% | 6.88% |
ICTEX ICON Health and Information Technology Fund | 15.95% | 20.75% | 11.36% | 12.46% | 18.84% | 16.62% | 3.45% | 4.32% | 16.94% | 24.94% | 21.88% | 0.00% |
Frequently Asked Questions
ICTEX and FTCHX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTCHX has higher volatility (14.94%) compared to ICTEX (6.19%). In terms of maximum drawdown, ICTEX dropped -64.92% vs FTCHX's -87.78%.
ICTEX currently has the higher Sharpe Ratio (2.27 vs 0.97), 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.
Find the right allocation for ICTEX and FTCHX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer