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ILCG vs. FTEC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ILCG and FTEC is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

ILCG vs. FTEC - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
14.45%
12.83%
ILCG
FTEC

Key characteristics

Sharpe Ratio

ILCG:

2.07

FTEC:

1.53

Sortino Ratio

ILCG:

2.68

FTEC:

2.04

Omega Ratio

ILCG:

1.38

FTEC:

1.27

Calmar Ratio

ILCG:

2.83

FTEC:

2.17

Martin Ratio

ILCG:

11.41

FTEC:

7.74

Ulcer Index

ILCG:

3.18%

FTEC:

4.27%

Daily Std Dev

ILCG:

17.57%

FTEC:

21.59%

Max Drawdown

ILCG:

-52.98%

FTEC:

-34.95%

Current Drawdown

ILCG:

-1.91%

FTEC:

-1.53%

Returns By Period

In the year-to-date period, ILCG achieves a 36.10% return, which is significantly higher than FTEC's 32.71% return. Over the past 10 years, ILCG has underperformed FTEC with an annualized return of 15.73%, while FTEC has yielded a comparatively higher 20.58% annualized return.


ILCG

YTD

36.10%

1M

2.98%

6M

14.45%

1Y

36.38%

5Y*

17.61%

10Y*

15.73%

FTEC

YTD

32.71%

1M

2.66%

6M

12.83%

1Y

32.80%

5Y*

22.38%

10Y*

20.58%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ILCG vs. FTEC - Expense Ratio Comparison

ILCG has a 0.04% expense ratio, which is lower than FTEC's 0.08% 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%.


FTEC
Fidelity MSCI Information Technology Index ETF
Expense ratio chart for FTEC: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for ILCG: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

ILCG vs. FTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Growth ETF (ILCG) 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.


Sharpe ratio
The chart of Sharpe ratio for ILCG, currently valued at 2.07, compared to the broader market0.002.004.002.071.53
The chart of Sortino ratio for ILCG, currently valued at 2.68, compared to the broader market-2.000.002.004.006.008.0010.002.682.04
The chart of Omega ratio for ILCG, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.001.381.27
The chart of Calmar ratio for ILCG, currently valued at 2.83, compared to the broader market0.005.0010.0015.002.832.17
The chart of Martin ratio for ILCG, currently valued at 11.41, compared to the broader market0.0020.0040.0060.0080.00100.0011.417.74
ILCG
FTEC

The current ILCG Sharpe Ratio is 2.07, which is higher than the FTEC Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of ILCG and FTEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
2.07
1.53
ILCG
FTEC

Dividends

ILCG vs. FTEC - Dividend Comparison

ILCG's dividend yield for the trailing twelve months is around 0.48%, which matches FTEC's 0.48% yield.


TTM20232022202120202019201820172016201520142013
ILCG
iShares Morningstar Growth ETF
0.48%0.69%0.76%0.34%0.28%0.54%0.81%0.89%0.95%0.99%0.87%0.94%
FTEC
Fidelity MSCI Information Technology Index ETF
0.48%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%0.18%

Drawdowns

ILCG vs. FTEC - Drawdown Comparison

The maximum ILCG drawdown since its inception was -52.98%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for ILCG and FTEC. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.91%
-1.53%
ILCG
FTEC

Volatility

ILCG vs. FTEC - Volatility Comparison

The current volatility for iShares Morningstar Growth ETF (ILCG) is 5.23%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 5.57%. This indicates that ILCG 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.


4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.23%
5.57%
ILCG
FTEC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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