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FTEC vs SKYY

Fidelity MSCI Information Technology Index ETF vs First Trust Cloud Computing ETF

FTEC

Fidelity MSCI Information Technology Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$17.9B

SKYY

First Trust Cloud Computing ETF

First Trust

Annual cost

0.60%

Fund size

$2.4B

Key differences

  • FTEC costs 0.52% less per year.
  • FTEC is significantly larger than SKYY — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FTEC has delivered higher annualized returns.

Side-by-side comparison

FTECSKYY
Annual cost (TER)0.08%0.60%
Fund size (AUM)$17.9B$2.4B
Since20132011
Dividend yield0.38%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+59.1%+16.7%
CAGR 3Y+34.0%+24.8%
CAGR 5Y+22.2%+7.2%
Sharpe 3Y1.210.85
Volatility 1Y20.46%25.71%
Max drawdown-34.95%-53.20%

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

Similar to FTEC and SKYY