TOLZ vs. FTEC

Last updated Jun 24, 2026

TOLZ (ProShares DJ Brookfield Global Infrastructure ETF) and FTEC (Fidelity MSCI Information Technology Index ETF) are both exchange-traded funds - TOLZ is a Industrials Equities fund tracking the Dow Jones Brookfield Global Infrastructure Composite Index, while FTEC is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past 10 years, TOLZ returned 7.93%/yr vs 25.28%/yr for FTEC. At a 0.44 correlation, their price movements are largely independent. TOLZ charges 0.46%/yr vs 0.08%/yr for FTEC.

Performance

TOLZ vs. FTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) 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, TOLZ achieves a 12.09% return, which is significantly lower than FTEC's 23.56% return. Over the past 10 years, TOLZ has underperformed FTEC with an annualized return of 7.93%, while FTEC has yielded a comparatively higher 25.28% annualized return.

TOLZ

• 1D: 0.88%
• 1M: -2.33%
• YTD: 12.09%
• 6M: 12.14%
• 1Y: 16.35%
• 3Y*: 15.12%
• 5Y*: 8.72%
• 10Y*: 7.93%

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)

TOLZ vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TOLZ ProShares DJ Brookfield Global Infrastructure ETF	12.09%	14.76%	11.67%	6.18%	-4.25%	20.47%	-9.46%	26.84%	-7.90%	13.28%
FTEC Fidelity MSCI Information Technology Index ETF	23.56%	22.11%	29.40%	53.30%	-29.59%	30.49%	45.83%	48.93%	-0.39%	36.83%

Correlation

The correlation between TOLZ and FTEC is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Mar 27, 2014	0.44

The correlation between TOLZ and FTEC shifts across timeframes, from -0.09 (1 year) to 0.44 (all time), reflecting how their relationship changes across market environments.

TOLZ vs. FTEC - Sectors Allocation Comparison

Sectors	TOLZ	FTEC
Energy	36.0%	0.3%
Utilities	22.2%	-
Real Estate	7.9%	-
Industrials	5.1%	0.6%
Consumer Defensive	4.4%	-
Financial Services	1.9%	0.6%
Consumer Cyclical	0.8%	0.0%
Technology	0.4%	98.3%
Basic Materials	-	0.0%
Communication Services	-	0.0%
Healthcare	-	-

Return for Risk

TOLZ vs. FTEC — Risk / Return Rank

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

TOLZ

TOLZ Risk / Return Rank: 53
TOLZ Sharpe Ratio Rank: 48
TOLZ Sortino Ratio Rank: 48
TOLZ Omega Ratio Rank: 44
TOLZ Calmar Ratio Rank: 68
TOLZ Martin Ratio Rank: 56

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.

TOLZ vs. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) 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.

	TOLZ	FTEC	Difference
Sharpe ratio: Return per unit of total volatility	1.58	2.10	-0.52
Sortino ratio: Return per unit of downside risk	2.27	2.63	-0.36
Omega ratio: Gain probability vs. loss probability	1.27	1.35	-0.08
Calmar ratio: Return relative to maximum drawdown	3.17	2.94	+0.23
Martin ratio: Return relative to average drawdown	9.16	9.03	+0.13

TOLZ vs. FTEC - Sharpe Ratio Comparison

The current TOLZ Sharpe Ratio is 1.58, which is comparable to the FTEC Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of TOLZ 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

TOLZ vs. FTEC - Drawdown Comparison

The maximum TOLZ drawdown since its inception was -39.33%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for TOLZ and FTEC.

Drawdown Indicators

	TOLZ	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	-39.33%	-34.95%	-4.38%
Max Drawdown (1Y) Largest decline over 1 year	-5.18%	-16.26%	+11.08%
Max Drawdown (3Y) Largest decline over 3 years	-11.94%	-27.30%	+15.36%
Max Drawdown (5Y) Largest decline over 5 years	-21.85%	-34.95%	+13.10%
Max Drawdown (10Y) Largest decline over 10 years	-39.33%	-34.95%	-4.38%
Current Drawdown Current decline from peak	-2.45%	-7.72%	+5.27%
Average Drawdown Average peak-to-trough decline	-6.61%	-5.57%	-1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	5.28%	-3.49%

Volatility

TOLZ vs. FTEC - Volatility Comparison

The current volatility for ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) is 3.24%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 11.42%. This indicates that TOLZ 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.

Volatility by Period

	TOLZ	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	11.42%	-8.18%
Volatility (6M) Calculated over the trailing 6-month period	8.30%	18.65%	-10.35%
Volatility (1Y) Calculated over the trailing 1-year period	10.41%	22.79%	-12.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.98%	25.60%	-11.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.23%	24.86%	-8.63%

TOLZ vs. FTEC - Expense Ratio Comparison

TOLZ has a 0.46% expense ratio, which is higher than FTEC's 0.08% expense ratio.

Dividends

TOLZ vs. FTEC - Dividend Comparison

TOLZ's dividend yield for the trailing twelve months is around 3.63%, 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%
TOLZ ProShares DJ Brookfield Global Infrastructure ETF	3.63%	3.99%	3.53%	3.34%	3.01%	3.28%	3.16%	2.96%	3.63%	3.30%	2.62%	3.67%

Frequently Asked Questions

Can I hold both TOLZ and FTEC in my portfolio?

TOLZ and FTEC have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOLZ or FTEC?

FTEC has higher volatility (11.42%) compared to TOLZ (3.24%). In terms of maximum drawdown, TOLZ dropped -39.33% vs FTEC's -34.95%.

Which ETF is better, TOLZ or FTEC?

On 10-year performance, FTEC leads with 25.28% vs 7.93% for TOLZ. On fees, FTEC is cheaper at 0.08% per year. On volatility, TOLZ has been the lower-risk option at 3.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TOLZ or FTEC?

Over the 10-year period, FTEC has performed better with a 25.28% return vs 7.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TOLZ or FTEC?

FTEC is cheaper with a 0.08% expense ratio, compared with 0.46% for TOLZ.

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

TOLZ has the higher dividend yield at 3.63%, compared with 0.36% for FTEC.

What is the main difference between TOLZ and FTEC?

TOLZ is categorized as Industrials Equities, while FTEC is Technology Equities. TOLZ tracks Dow Jones Brookfield Global Infrastructure Composite Index, while FTEC tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: ProShares and Fidelity. Their fees differ too: 0.46% for TOLZ and 0.08% for FTEC.

Which has better risk-adjusted returns?

FTEC currently has the higher Sharpe Ratio (2.10 vs 1.58), 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.