VNQI vs. FTEC
VNQI (Vanguard Global ex-U.S. Real Estate ETF) and FTEC (Fidelity MSCI Information Technology Index ETF) are both exchange-traded funds - VNQI is a REIT fund tracking the S&P Global ex-U.S. Property 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, VNQI returned 2.68%/yr vs 25.18%/yr for FTEC. A 0.54 correlation means they provide meaningful diversification when combined. VNQI charges 0.12%/yr vs 0.08%/yr for FTEC.
Performance
VNQI vs. FTEC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VNQI achieves a -2.64% return, which is significantly lower than FTEC's 22.66% return. Over the past 10 years, VNQI has underperformed FTEC with an annualized return of 2.68%, while FTEC has yielded a comparatively higher 25.18% annualized return.
VNQI
- 1D
- 0.84%
- 1M
- -2.15%
- YTD
- -2.64%
- 6M
- -3.08%
- 1Y
- 2.39%
- 3Y*
- 8.99%
- 5Y*
- -1.53%
- 10Y*
- 2.68%
FTEC
- 1D
- -0.73%
- 1M
- -0.38%
- YTD
- 22.66%
- 6M
- 20.59%
- 1Y
- 43.89%
- 3Y*
- 30.26%
- 5Y*
- 19.62%
- 10Y*
- 25.18%
VNQI vs. FTEC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VNQI Vanguard Global ex-U.S. Real Estate ETF | -2.64% | 21.38% | -2.22% | 6.99% | -22.94% | 5.93% | -7.22% | 21.59% | -9.44% | 26.91% |
FTEC Fidelity MSCI Information Technology Index ETF | 22.66% | 22.11% | 29.40% | 53.30% | -29.59% | 30.49% | 45.83% | 48.93% | -0.39% | 36.83% |
Correlation
The correlation between VNQI and FTEC is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013 | 0.54 |
Over the past year, the correlation between VNQI and FTEC has dropped to 0.32 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VNQI vs. FTEC — Risk / Return Rank
VNQI
FTEC
VNQI vs. FTEC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ex-U.S. Real Estate ETF (VNQI) 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.
| VNQI | FTEC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.77 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.33 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 2.71 | -2.55 |
| Martin ratioReturn relative to average drawdown | 0.43 | 8.29 | -7.85 |
Loading charts...
Drawdowns
VNQI vs. FTEC - Drawdown Comparison
The maximum VNQI drawdown since its inception was -38.35%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for VNQI and FTEC.
Loading charts...
Drawdown Indicators
| VNQI | FTEC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.35% | -34.95% | -3.40% |
Max Drawdown (1Y)Largest decline over 1 year | -14.78% | -16.26% | +1.48% |
Max Drawdown (3Y)Largest decline over 3 years | -16.35% | -27.30% | +10.95% |
Max Drawdown (5Y)Largest decline over 5 years | -34.92% | -34.95% | +0.03% |
Max Drawdown (10Y)Largest decline over 10 years | -38.35% | -34.95% | -3.40% |
Current DrawdownCurrent decline from peak | -12.08% | -8.39% | -3.69% |
Average DrawdownAverage peak-to-trough decline | -10.89% | -5.57% | -5.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 5.31% | +0.22% |
Volatility
VNQI vs. FTEC - Volatility Comparison
The current volatility for Vanguard Global ex-U.S. Real Estate ETF (VNQI) is 4.50%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 11.39%. This indicates that VNQI 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.
Loading charts...
Volatility by Period
| VNQI | FTEC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 11.39% | -6.89% |
Volatility (6M)Calculated over the trailing 6-month period | 11.94% | 18.57% | -6.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.78% | 22.79% | -9.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.55% | 25.60% | -10.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.95% | 24.86% | -8.91% |
VNQI vs. FTEC - Expense Ratio Comparison
VNQI has a 0.12% 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
VNQI vs. FTEC - Dividend Comparison
VNQI's dividend yield for the trailing twelve months is around 4.83%, 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% |
VNQI Vanguard Global ex-U.S. Real Estate ETF | 4.83% | 4.70% | 5.16% | 3.74% | 0.57% | 6.48% | 0.93% | 7.58% | 4.62% | 3.86% | 5.18% | 2.86% |
Frequently Asked Questions
VNQI and FTEC have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTEC has higher volatility (11.39%) compared to VNQI (4.50%). In terms of maximum drawdown, VNQI dropped -38.35% vs FTEC's -34.95%.
On 10-year performance, FTEC leads with 25.18% vs 2.68% for VNQI. On fees, FTEC is cheaper at 0.08% per year. On volatility, VNQI has been the lower-risk option at 4.50%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, FTEC has performed better with a 25.18% return vs 2.68%. 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 0.12% for VNQI.
VNQI has the higher dividend yield at 4.83%, compared with 0.36% for FTEC.
VNQI is categorized as REIT, while FTEC is Technology Equities. VNQI tracks S&P Global ex-U.S. Property Index, while FTEC tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: Vanguard and Fidelity. Their fees differ too: 0.12% for VNQI and 0.08% for FTEC.
FTEC currently has the higher Sharpe Ratio (1.94 vs 0.17), 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.
Find the right allocation for VNQI and FTEC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer