FTECFidelity MSCI Information Technology Index ETF

Grow my money12y track recordRanked #102 of 2,992 in this goal

Tracks the MSCI USA IMI Information Technology 25/50 Index.

By Fidelity Investments · Launched 2013

Annual Cost

0.08%

#307 of 5,854 · low cost

Fund Size

$21.0B

#150 of 5,854 · large

Return (1Y)Goal

+31.2%

Track Record

12 years

#1,113 of 5,854 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,782+27.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Sector

Information technology

Index tracked

MSCI USA IMI Information Technology 25/50 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 58.7% of fundmoderately concentrated

NVIDIA Corp

18.0%

Apple Inc

14.4%

Microsoft Corp

9.5%

Broadcom Inc

5.0%

Micron Technology Inc

2.6%

Advanced Micro Devices Inc

2.6%

Intel Corp

2.0%

Cisco Systems Inc

1.7%

Lam Research Corp

1.5%

Applied Materials Inc

1.4%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Technology

98.6%

Communication

0.5%

Financial Services

0.5%

Industrials

0.3%

Consumer Cyclical

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

24.3%High

Year-on-year price swings

Max drawdown

-35.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.96Decent risk-adjusted returns

Sortino (3Y)

1.39Good downside protection

Listing

Exchange: NYSE Arca

Full fund details

Objective: Tracks the MSCI USA IMI Information Technology 25/50 Index.
Strategy: Invests primarily in securities included in the MSCI USA IMI Information Technology 25/50 Index, representing the U.S. information technology sector. Uses a representative sampling indexing strategy to manage the fund, selecting securities with similar investment characteristics to the index.
Inception date: October 21, 2013
Fund family: Fidelity Investments