PEGA vs. FTEC
Compare and contrast key facts about Pegasystems Inc. (PEGA) and Fidelity MSCI Information Technology Index ETF (FTEC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEGA or FTEC.
Correlation
The correlation between PEGA and FTEC is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PEGA vs. FTEC - Performance Comparison
Key characteristics
PEGA:
1.72
FTEC:
1.36
PEGA:
3.42
FTEC:
1.84
PEGA:
1.40
FTEC:
1.24
PEGA:
1.26
FTEC:
1.92
PEGA:
10.45
FTEC:
6.86
PEGA:
8.33%
FTEC:
4.26%
PEGA:
50.74%
FTEC:
21.59%
PEGA:
-94.81%
FTEC:
-34.95%
PEGA:
-35.34%
FTEC:
-3.92%
Returns By Period
In the year-to-date period, PEGA achieves a 92.92% return, which is significantly higher than FTEC's 29.49% return. Over the past 10 years, PEGA has underperformed FTEC with an annualized return of 16.48%, while FTEC has yielded a comparatively higher 20.36% annualized return.
PEGA
92.92%
9.63%
63.63%
92.01%
4.05%
16.48%
FTEC
29.49%
1.70%
7.48%
31.41%
21.85%
20.36%
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Risk-Adjusted Performance
PEGA vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pegasystems Inc. (PEGA) 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
PEGA vs. FTEC - Dividend Comparison
PEGA's dividend yield for the trailing twelve months is around 0.13%, less than FTEC's 0.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEGA Pegasystems Inc. | 0.13% | 0.25% | 0.35% | 0.11% | 0.09% | 0.15% | 0.25% | 0.25% | 0.33% | 0.44% | 0.51% | 0.37% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.37% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
PEGA vs. FTEC - Drawdown Comparison
The maximum PEGA drawdown since its inception was -94.81%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for PEGA and FTEC. For additional features, visit the drawdowns tool.
Volatility
PEGA vs. FTEC - Volatility Comparison
Pegasystems Inc. (PEGA) has a higher volatility of 9.57% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 5.40%. This indicates that PEGA'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.