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FTEC vs XPND

Fidelity MSCI Information Technology Index ETF vs First Trust Expanded Technology ETF

FTEC

Fidelity MSCI Information Technology Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$17.9B

XPND

First Trust Expanded Technology ETF

First Trust

Annual cost

0.65%

Fund size

$37M

Key differences

  • FTEC costs 0.57% less per year.
  • FTEC is significantly larger than XPND — larger funds tend to be more liquid and less likely to close.
  • FTEC follows a index tracking strategy; XPND uses active selection.
  • Over the last 3 years, FTEC has delivered higher annualized returns.
  • FTEC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTECXPND
Annual cost (TER)0.08%0.65%
Fund size (AUM)$17.9B$37M
Since20132021
Dividend yield0.38%0.10%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+59.1%+30.5%
CAGR 3Y+34.0%+28.5%
CAGR 5Y+22.2%N/A
Sharpe 3Y1.211.13
Volatility 1Y20.46%17.75%
Max drawdown-34.95%-38.00%

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

Similar to FTEC and XPND