STHH vs. FTEC

Last updated Jun 24, 2026

STHH (STMicroelectronics NV ADRhedged) and FTEC (Fidelity MSCI Information Technology Index ETF) are both Technology Equities funds - STHH tracks the STMicroelectronics NV Local Shares Total Return while FTEC tracks the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past year, STHH returned 158.32% vs 47.58% for FTEC. A 0.64 correlation means they provide meaningful diversification when combined. STHH charges 0.19%/yr vs 0.08%/yr for FTEC.

Performance

STHH vs. FTEC - Performance Comparison

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

Returns By Period

In the year-to-date period, STHH achieves a 187.72% return, which is significantly higher than FTEC's 23.56% return.

STHH

• 1D: -8.12%
• 1M: 10.72%
• YTD: 187.72%
• 6M: 187.07%
• 1Y: 158.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTEC

• 1D: -3.70%
• 1M: 0.35%
• YTD: 23.56%
• 6M: 21.69%
• 1Y: 47.58%
• 3Y*: 30.58%
• 5Y*: 19.77%
• 10Y*: 25.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

STHH vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025
STHH STMicroelectronics NV ADRhedged	187.72%	17.60%
FTEC Fidelity MSCI Information Technology Index ETF	23.56%	50.46%

Correlation

The correlation between STHH and FTEC is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.64

The correlation between STHH and FTEC has been stable across timeframes, ranging from 0.62 to 0.64 - a consistent structural relationship.

Return for Risk

STHH vs. FTEC — Risk / Return Rank

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

STHH

STHH Risk / Return Rank: 81
STHH Sharpe Ratio Rank: 92
STHH Sortino Ratio Rank: 81
STHH Omega Ratio Rank: 84
STHH Calmar Ratio Rank: 88
STHH Martin Ratio Rank: 63

FTEC

FTEC Risk / Return Rank: 60
FTEC Sharpe Ratio Rank: 67
FTEC Sortino Ratio Rank: 57
FTEC Omega Ratio Rank: 59
FTEC Calmar Ratio Rank: 62
FTEC Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

STHH vs. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STMicroelectronics NV ADRhedged (STHH) 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.

	STHH	FTEC	Difference
Sharpe ratio: Return per unit of total volatility	3.02	2.10	+0.93
Sortino ratio: Return per unit of downside risk	3.33	2.63	+0.70
Omega ratio: Gain probability vs. loss probability	1.47	1.35	+0.12
Calmar ratio: Return relative to maximum drawdown	4.70	2.94	+1.76
Martin ratio: Return relative to average drawdown	10.65	9.03	+1.62

STHH vs. FTEC - Sharpe Ratio Comparison

The current STHH Sharpe Ratio is 3.02, which is higher than the FTEC Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of STHH and FTEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

STHH vs. FTEC - Drawdown Comparison

The maximum STHH drawdown since its inception was -33.89%, roughly equal to the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for STHH and FTEC.

Drawdown Indicators

	STHH	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-34.95%	+1.06%
Max Drawdown (1Y) Largest decline over 1 year	-33.89%	-16.26%	-17.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.95%	—
Current Drawdown Current decline from peak	-8.12%	-7.72%	-0.40%
Average Drawdown Average peak-to-trough decline	-10.17%	-5.57%	-4.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.93%	5.28%	+9.65%

Volatility

STHH vs. FTEC - Volatility Comparison

STMicroelectronics NV ADRhedged (STHH) has a higher volatility of 25.53% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 11.42%. This indicates that STHH'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.

Volatility by Period

	STHH	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.53%	11.42%	+14.11%
Volatility (6M) Calculated over the trailing 6-month period	41.13%	18.65%	+22.48%
Volatility (1Y) Calculated over the trailing 1-year period	52.67%	22.79%	+29.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.51%	25.60%	+25.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.51%	24.86%	+26.65%

STHH vs. FTEC - Expense Ratio Comparison

STHH has a 0.19% expense ratio, which is higher than FTEC's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

STHH vs. FTEC - Dividend Comparison

STHH's dividend yield for the trailing twelve months is around 0.70%, more than FTEC's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTEC Fidelity MSCI Information Technology Index ETF	0.36%	0.43%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%
STHH STMicroelectronics NV ADRhedged	0.70%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STHH and FTEC in my portfolio?

STHH and FTEC have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STHH or FTEC?

STHH has higher volatility (25.53%) compared to FTEC (11.42%). In terms of maximum drawdown, STHH dropped -33.89% vs FTEC's -34.95%.

Which ETF is better, STHH or FTEC?

On 1-year performance, STHH leads with 158.32% vs 47.58% for FTEC. On fees, FTEC is cheaper at 0.08% per year. On volatility, FTEC has been the lower-risk option at 11.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STHH or FTEC?

Over the 1-year period, STHH has performed better with a 158.32% return vs 47.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STHH or FTEC?

FTEC is cheaper with a 0.08% expense ratio, compared with 0.19% for STHH.

Which ETF pays a higher dividend yield, STHH or FTEC?

STHH has the higher dividend yield at 0.70%, compared with 0.36% for FTEC.

What is the main difference between STHH and FTEC?

STHH tracks STMicroelectronics NV Local Shares Total Return, while FTEC tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: ADRhedged and Fidelity. Their fees differ too: 0.19% for STHH and 0.08% for FTEC.

Which has better risk-adjusted returns?

STHH currently has the higher Sharpe Ratio (3.02 vs 2.10), 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.