SFYF vs. FTEC
Compare and contrast key facts about SoFi Social 50 ETF (SFYF) and Fidelity MSCI Information Technology Index ETF (FTEC).
SFYF and FTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SFYF is a passively managed fund by Toroso Investments that tracks the performance of the SFYF-US - SoFi Social 50 Index. It was launched on May 8, 2019. 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. Both SFYF and FTEC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SFYF or FTEC.
Correlation
The correlation between SFYF and FTEC is 0.81, 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.
Performance
SFYF vs. FTEC - Performance Comparison
Key characteristics
SFYF:
1.90
FTEC:
1.20
SFYF:
2.50
FTEC:
1.65
SFYF:
1.31
FTEC:
1.22
SFYF:
1.51
FTEC:
1.76
SFYF:
9.36
FTEC:
6.12
SFYF:
4.79%
FTEC:
4.40%
SFYF:
23.50%
FTEC:
22.41%
SFYF:
-56.09%
FTEC:
-34.95%
SFYF:
-1.67%
FTEC:
-0.96%
Returns By Period
In the year-to-date period, SFYF achieves a 5.33% return, which is significantly higher than FTEC's 3.16% return.
SFYF
5.33%
2.48%
29.26%
48.78%
17.50%
N/A
FTEC
3.16%
1.36%
12.66%
29.45%
20.54%
20.38%
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SFYF vs. FTEC - Expense Ratio Comparison
SFYF has a 0.29% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
SFYF vs. FTEC — Risk-Adjusted Performance Rank
SFYF
FTEC
SFYF vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SoFi Social 50 ETF (SFYF) 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
SFYF vs. FTEC - Dividend Comparison
SFYF's dividend yield for the trailing twelve months is around 0.30%, less than FTEC's 0.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SFYF SoFi Social 50 ETF | 0.30% | 0.32% | 1.70% | 1.19% | 0.26% | 0.40% | 0.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.47% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
Drawdowns
SFYF vs. FTEC - Drawdown Comparison
The maximum SFYF drawdown since its inception was -56.09%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for SFYF and FTEC. For additional features, visit the drawdowns tool.
Volatility
SFYF vs. FTEC - Volatility Comparison
The current volatility for SoFi Social 50 ETF (SFYF) is 5.86%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.68%. This indicates that SFYF 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.