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

Correlation

The correlation between FTEC and QTEC is 0.93, 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

FTEC vs. QTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Information Technology Index ETF (FTEC) and First Trust NASDAQ-100 Technology Sector Index Fund (QTEC). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%25.00%SeptemberOctoberNovemberDecember2025February
18.02%
15.82%
FTEC
QTEC

Key characteristics

Sharpe Ratio

FTEC:

1.05

QTEC:

0.41

Sortino Ratio

FTEC:

1.48

QTEC:

0.70

Omega Ratio

FTEC:

1.19

QTEC:

1.09

Calmar Ratio

FTEC:

1.55

QTEC:

0.56

Martin Ratio

FTEC:

5.40

QTEC:

1.57

Ulcer Index

FTEC:

4.38%

QTEC:

6.21%

Daily Std Dev

FTEC:

22.53%

QTEC:

23.78%

Max Drawdown

FTEC:

-34.95%

QTEC:

-58.86%

Current Drawdown

FTEC:

-6.26%

QTEC:

-4.18%

Returns By Period

In the year-to-date period, FTEC achieves a -2.36% return, which is significantly lower than QTEC's 4.53% return. Over the past 10 years, FTEC has outperformed QTEC with an annualized return of 20.39%, while QTEC has yielded a comparatively lower 17.37% annualized return.


FTEC

YTD

-2.36%

1M

-4.11%

6M

18.02%

1Y

20.92%

5Y*

19.17%

10Y*

20.39%

QTEC

YTD

4.53%

1M

2.06%

6M

15.82%

1Y

7.35%

5Y*

13.51%

10Y*

17.37%

*Annualized

Compare stocks, funds, or ETFs

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


FTEC vs. QTEC - Expense Ratio Comparison

FTEC has a 0.08% expense ratio, which is lower than QTEC's 0.57% expense ratio.


QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
Expense ratio chart for QTEC: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%
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%

Risk-Adjusted Performance

FTEC vs. QTEC — Risk-Adjusted Performance Rank

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

FTEC
The Risk-Adjusted Performance Rank of FTEC is 4747
Overall Rank
The Sharpe Ratio Rank of FTEC is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of FTEC is 4141
Sortino Ratio Rank
The Omega Ratio Rank of FTEC is 4343
Omega Ratio Rank
The Calmar Ratio Rank of FTEC is 5555
Calmar Ratio Rank
The Martin Ratio Rank of FTEC is 5252
Martin Ratio Rank

QTEC
The Risk-Adjusted Performance Rank of QTEC is 2020
Overall Rank
The Sharpe Ratio Rank of QTEC is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of QTEC is 1717
Sortino Ratio Rank
The Omega Ratio Rank of QTEC is 1717
Omega Ratio Rank
The Calmar Ratio Rank of QTEC is 2828
Calmar Ratio Rank
The Martin Ratio Rank of QTEC is 2020
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.

FTEC vs. QTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Information Technology Index ETF (FTEC) and First Trust NASDAQ-100 Technology Sector Index Fund (QTEC). 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 FTEC, currently valued at 1.05, compared to the broader market-1.000.001.002.003.004.005.001.050.41
The chart of Sortino ratio for FTEC, currently valued at 1.48, compared to the broader market-2.000.002.004.006.008.0010.001.480.70
The chart of Omega ratio for FTEC, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.09
The chart of Calmar ratio for FTEC, currently valued at 1.55, compared to the broader market0.005.0010.0015.001.550.56
The chart of Martin ratio for FTEC, currently valued at 5.40, compared to the broader market0.0020.0040.0060.0080.00100.005.401.57
FTEC
QTEC

The current FTEC Sharpe Ratio is 1.05, which is higher than the QTEC Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of FTEC and QTEC, 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 Ratio0.501.001.502.002.50SeptemberOctoberNovemberDecember2025February
1.05
0.41
FTEC
QTEC

Dividends

FTEC vs. QTEC - Dividend Comparison

FTEC's dividend yield for the trailing twelve months is around 0.50%, more than QTEC's 0.02% yield.


TTM20242023202220212020201920182017201620152014
FTEC
Fidelity MSCI Information Technology Index ETF
0.50%0.49%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%
QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
0.02%0.02%0.14%0.15%0.02%0.44%0.68%0.91%0.80%1.29%0.99%1.22%

Drawdowns

FTEC vs. QTEC - Drawdown Comparison

The maximum FTEC drawdown since its inception was -34.95%, smaller than the maximum QTEC drawdown of -58.86%. Use the drawdown chart below to compare losses from any high point for FTEC and QTEC. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2025February
-6.26%
-4.18%
FTEC
QTEC

Volatility

FTEC vs. QTEC - Volatility Comparison

Fidelity MSCI Information Technology Index ETF (FTEC) has a higher volatility of 8.54% compared to First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) at 6.57%. This indicates that FTEC's price experiences larger fluctuations and is considered to be riskier than QTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%SeptemberOctoberNovemberDecember2025February
8.54%
6.57%
FTEC
QTEC
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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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