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FTEC vs QTEC

Fidelity MSCI Information Technology Index ETF vs First Trust NASDAQ-100-Technology Sector Index Fund

FTEC

Fidelity MSCI Information Technology Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$17.9B

QTEC

First Trust NASDAQ-100-Technology Sector Index Fund

First Trust

Annual cost

0.55%

Fund size

$3.1B

Key differences

  • FTEC costs 0.47% less per year.
  • FTEC is significantly larger than QTEC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FTEC has delivered higher annualized returns.
  • QTEC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTECQTEC
Annual cost (TER)0.08%0.55%
Fund size (AUM)$17.9B$3.1B
Since20132006
Dividend yield0.38%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+59.1%+60.9%
CAGR 3Y+34.0%+32.8%
CAGR 5Y+22.2%+17.1%
Sharpe 3Y1.211.08
Volatility 1Y20.46%22.83%
Max drawdown-34.95%-45.54%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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