RAAX vs. FTEC
RAAX (VanEck Inflation Allocation ETF) and FTEC (Fidelity MSCI Information Technology Index ETF) are both exchange-traded funds - RAAX is a Diversified Portfolio fund actively managed by VanEck, while FTEC is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. RAAX is actively managed, while FTEC is passively managed. Over the past 5 years, RAAX returned 13.17%/yr vs 20.63%/yr for FTEC. At a 0.37 correlation, their price movements are largely independent. RAAX charges 0.78%/yr vs 0.08%/yr for FTEC.
Performance
RAAX vs. FTEC - Performance Comparison
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Returns By Period
In the year-to-date period, RAAX achieves a 17.64% return, which is significantly lower than FTEC's 24.27% return.
RAAX
- 1D
- 2.26%
- 1M
- -1.84%
- YTD
- 17.64%
- 6M
- 17.56%
- 1Y
- 32.08%
- 3Y*
- 21.35%
- 5Y*
- 13.17%
- 10Y*
- —
FTEC
- 1D
- 0.61%
- 1M
- 3.09%
- YTD
- 24.27%
- 6M
- 24.36%
- 1Y
- 51.03%
- 3Y*
- 30.29%
- 5Y*
- 20.63%
- 10Y*
- 24.98%
RAAX vs. FTEC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
RAAX VanEck Inflation Allocation ETF | 17.64% | 26.74% | 12.50% | 6.71% | 1.51% | 21.56% | -8.27% | 6.14% | -2.41% |
FTEC Fidelity MSCI Information Technology Index ETF | 24.27% | 22.11% | 29.40% | 53.30% | -29.59% | 30.49% | 45.83% | 48.93% | -2.72% |
Correlation
The correlation between RAAX and FTEC is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2018 | 0.37 |
The correlation between RAAX and FTEC shifts across timeframes, from 0.20 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
RAAX vs. FTEC — Risk / Return Rank
RAAX
FTEC
RAAX vs. FTEC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Inflation Allocation ETF (RAAX) 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.
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.
| RAAX | FTEC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.68 | 3.00 | +1.68 |
| Martin ratioReturn relative to average drawdown | 16.90 | 9.36 | +7.54 |
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Drawdowns
RAAX vs. FTEC - Drawdown Comparison
The maximum RAAX drawdown since its inception was -33.91%, roughly equal to the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for RAAX and FTEC.
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Drawdown Indicators
| RAAX | FTEC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.91% | -34.95% | +1.04% |
Max Drawdown (1Y)Largest decline over 1 year | -7.17% | -16.26% | +9.09% |
Max Drawdown (3Y)Largest decline over 3 years | -11.59% | -27.30% | +15.71% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | -34.95% | +11.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.95% | — |
Current DrawdownCurrent decline from peak | -3.77% | -7.18% | +3.41% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -5.57% | -1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 5.21% | -3.23% |
Volatility
RAAX vs. FTEC - Volatility Comparison
The current volatility for VanEck Inflation Allocation ETF (RAAX) is 4.67%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 10.02%. This indicates that RAAX 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.
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Volatility by Period
| RAAX | FTEC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 10.02% | -5.35% |
Volatility (6M)Calculated over the trailing 6-month period | 12.21% | 18.06% | -5.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.18% | 22.07% | -7.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.70% | 25.45% | -9.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.79% | 24.81% | -9.02% |
RAAX vs. FTEC - Expense Ratio Comparison
RAAX has a 0.78% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Dividends
RAAX vs. FTEC - Dividend Comparison
RAAX's dividend yield for the trailing twelve months is around 1.99%, more than FTEC's 0.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | 0.34% | 0.43% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% |
RAAX VanEck Inflation Allocation ETF | 1.99% | 2.34% | 1.91% | 3.66% | 1.53% | 8.72% | 6.27% | 2.37% | 0.56% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RAAX and FTEC have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTEC has higher volatility (10.02%) compared to RAAX (4.67%). In terms of maximum drawdown, RAAX dropped -33.91% vs FTEC's -34.95%.
On 5-year performance, FTEC leads with 20.63% vs 13.17% for RAAX. On fees, FTEC is cheaper at 0.08% per year. On volatility, RAAX has been the lower-risk option at 4.67%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FTEC has performed better with a 20.63% return vs 13.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FTEC is cheaper with a 0.08% expense ratio, compared with 0.78% for RAAX.
RAAX has the higher dividend yield at 1.99%, compared with 0.34% for FTEC.
RAAX is categorized as Diversified Portfolio, while FTEC is Technology Equities. They also come from different issuers: VanEck and Fidelity. Their fees differ too: 0.78% for RAAX and 0.08% for FTEC.
RAAX currently has the higher Sharpe Ratio (2.37 vs 2.21), 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.
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