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

Correlation

The correlation between IXN and FTEC is 0.89, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

IXN vs. FTEC - Performance Comparison

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

450.00%500.00%550.00%600.00%650.00%700.00%750.00%800.00%NovemberDecember2025FebruaryMarchApril
554.37%
627.86%
IXN
FTEC

Key characteristics

Sharpe Ratio

IXN:

0.29

FTEC:

0.37

Sortino Ratio

IXN:

0.61

FTEC:

0.72

Omega Ratio

IXN:

1.08

FTEC:

1.10

Calmar Ratio

IXN:

0.34

FTEC:

0.41

Martin Ratio

IXN:

1.09

FTEC:

1.42

Ulcer Index

IXN:

8.02%

FTEC:

7.90%

Daily Std Dev

IXN:

29.74%

FTEC:

30.24%

Max Drawdown

IXN:

-55.67%

FTEC:

-34.95%

Current Drawdown

IXN:

-13.64%

FTEC:

-15.47%

Returns By Period

In the year-to-date period, IXN achieves a -9.92% return, which is significantly higher than FTEC's -11.96% return. Over the past 10 years, IXN has underperformed FTEC with an annualized return of 17.63%, while FTEC has yielded a comparatively higher 18.67% annualized return.


IXN

YTD

-9.92%

1M

0.81%

6M

-8.17%

1Y

6.78%

5Y*

18.86%

10Y*

17.63%

FTEC

YTD

-11.96%

1M

0.64%

6M

-9.01%

1Y

9.02%

5Y*

19.67%

10Y*

18.67%

*Annualized

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IXN vs. FTEC - Expense Ratio Comparison

IXN has a 0.46% expense ratio, which is higher than FTEC's 0.08% expense ratio.


Expense ratio chart for IXN: current value is 0.46%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IXN: 0.46%
Expense ratio chart for FTEC: current value is 0.08%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FTEC: 0.08%

Risk-Adjusted Performance

IXN vs. FTEC — Risk-Adjusted Performance Rank

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

IXN
The Risk-Adjusted Performance Rank of IXN is 4747
Overall Rank
The Sharpe Ratio Rank of IXN is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of IXN is 4848
Sortino Ratio Rank
The Omega Ratio Rank of IXN is 4747
Omega Ratio Rank
The Calmar Ratio Rank of IXN is 5151
Calmar Ratio Rank
The Martin Ratio Rank of IXN is 4545
Martin Ratio Rank

FTEC
The Risk-Adjusted Performance Rank of FTEC is 5353
Overall Rank
The Sharpe Ratio Rank of FTEC is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of FTEC is 5454
Sortino Ratio Rank
The Omega Ratio Rank of FTEC is 5353
Omega Ratio Rank
The Calmar Ratio Rank of FTEC is 5656
Calmar Ratio Rank
The Martin Ratio Rank of FTEC is 5151
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IXN vs. FTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) 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.


The chart of Sharpe ratio for IXN, currently valued at 0.29, compared to the broader market-1.000.001.002.003.004.00
IXN: 0.29
FTEC: 0.37
The chart of Sortino ratio for IXN, currently valued at 0.61, compared to the broader market-2.000.002.004.006.008.00
IXN: 0.61
FTEC: 0.72
The chart of Omega ratio for IXN, currently valued at 1.08, compared to the broader market0.501.001.502.00
IXN: 1.08
FTEC: 1.10
The chart of Calmar ratio for IXN, currently valued at 0.34, compared to the broader market0.002.004.006.008.0010.0012.00
IXN: 0.34
FTEC: 0.41
The chart of Martin ratio for IXN, currently valued at 1.09, compared to the broader market0.0020.0040.0060.00
IXN: 1.09
FTEC: 1.42

The current IXN Sharpe Ratio is 0.29, which is comparable to the FTEC Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of IXN 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 Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.29
0.37
IXN
FTEC

Dividends

IXN vs. FTEC - Dividend Comparison

IXN's dividend yield for the trailing twelve months is around 0.47%, less than FTEC's 0.55% yield.


TTM20242023202220212020201920182017201620152014
IXN
iShares Global Tech ETF
0.47%0.43%0.55%0.81%0.58%0.63%1.06%0.94%0.93%1.03%1.12%1.14%
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

IXN vs. FTEC - Drawdown Comparison

The maximum IXN drawdown since its inception was -55.67%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for IXN and FTEC. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.64%
-15.47%
IXN
FTEC

Volatility

IXN vs. FTEC - Volatility Comparison

iShares Global Tech ETF (IXN) and Fidelity MSCI Information Technology Index ETF (FTEC) have volatilities of 18.49% and 19.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
18.49%
19.46%
IXN
FTEC