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FTEC vs XITK

Fidelity MSCI Information Technology Index ETF vs State Street SPDR FactSet Innovative Technology ETF

FTEC

Fidelity MSCI Information Technology Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$17.9B

XITK

State Street SPDR FactSet Innovative Technology ETF

State Street Investment Management

Annual cost

0.45%

Fund size

$60M

Key differences

  • FTEC costs 0.37% less per year.
  • FTEC is significantly larger than XITK — 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

FTECXITK
Annual cost (TER)0.08%0.45%
Fund size (AUM)$17.9B$60M
Since20132016
Dividend yield0.38%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+55.2%+10.6%
CAGR 3Y+34.2%+19.8%
CAGR 5Y+21.8%+0.3%
Sharpe 3Y1.210.68
Volatility 1Y20.41%25.77%
Max drawdown-34.95%-65.56%

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

Similar to FTEC and XITK