Fidelity MSCI Information Technology Index ETF (FTEC)
| Assets | $13.26B |
| Expense Ratio | 0.08% |
| PE Ratio | 39.22 |
| Shares Out | 71.65M |
| Dividend (ttm) | $0.91 |
| Dividend Yield | 0.48% |
| Ex-Dividend Date | Dec 20, 2024 |
| Payout Ratio | 23.49% |
| 1-Year Return | +30.62% |
| Volume | 291,850 |
| Open | 183.78 |
| Previous Close | 185.02 |
| Day's Range | 183.00 - 189.25 |
| 52-Week Low | 136.65 |
| 52-Week High | 192.96 |
| Beta | 1.16 |
| Holdings | 296 |
| Inception Date | Oct 21, 2013 |
About FTEC
Fund Home PageThe Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market-cap-weighted index of stocks in the broad US information technology sector. FTEC was launched on Oct 21, 2013 and is issued by Fidelity.
Top 10 Holdings
59.61% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 17.04% |
| NVIDIA Corporation | NVDA | 14.57% |
| Microsoft Corporation | MSFT | 13.47% |
| Broadcom Inc. | AVGO | 5.49% |
| Salesforce, Inc. | CRM | 1.93% |
| Oracle Corporation | ORCL | 1.69% |
| Accenture plc | ACN | 1.42% |
| Cisco Systems, Inc. | CSCO | 1.40% |
| ServiceNow, Inc. | NOW | 1.35% |
| International Business Machines Corporation | IBM | 1.26% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.212 | n/a |
| Sep 20, 2024 | $0.225 | Sep 24, 2024 |
| Jun 21, 2024 | $0.232 | Jun 25, 2024 |
| Mar 15, 2024 | $0.236 | Mar 20, 2024 |
| Dec 15, 2023 | $0.433 | Dec 20, 2023 |
| Sep 15, 2023 | $0.223 | Sep 20, 2023 |
News
FTEC: Technology Dashboard For December
A top-down analysis of the technology sector, focusing on value and quality metrics. All subsectors are significantly overvalued based on historical averages, and the semiconductors industry is the le...
Fidelity Crosses $100 Billion ETF Milestone
In mid-November, Fidelity Investments joined the select ‘$100 billion in ETF assets' club. While the firm still has a sizable presence in the mutual fund world, Fidelity's ETFs have been gaining tract...
FTEC: Eyes On Mag 7 Earnings, Momentum Is Back
Earnings growth among the Magnificent 7 companies is driving the S&P 500's EPS growth, with broader earnings increases expected through Q4 2025. I maintain a hold rating on FTEC due to strong momentum...
Fidelity FTEC ETF Can Offer Good Exposure To AI
Fidelity MSCI Information Technology Index ETF is a low-cost, large-cap, technology-concentrated portfolio strategy with top holdings in Apple, Microsoft, and Nvidia. The FTEC ETF is highly concentrat...
FTEC: Tech ETF Matches Up Well Against Bigger ETFs, But Risk/Reward An Issue Currently
While the Fidelity Tech ETF measures up well against other tech ETFs, now may not be the right time to add any of them to your portfolio. The long-term outlook for fund and the tech sector appear to b...
FTEC: Software-Related Risks Emerge As Gen AI Disrupts
Fidelity MSCI Information Technology Index ETF has seen nearly a 33% upside over the past year. Valuations for certain chip stocks have become expensive, but there are still opportunities for growth i...
FTEC: Tech Now Near 30x Earnings With Powerful Momentum
The information technology sector now makes up 31.2% of the S&P 500 and tech ETFs account for close to 30% of all fund assets. The Fidelity MSCI Information Technology Index ETF offers more exposure t...
FTEC: Concentration Increases Volatility
Fidelity MSCI Information Technology Index ETF is a strong contender for investors seeking solid tech exposure. FTEC has performed in line with VGT and has a highly concentrated portfolio with 45% of ...
FTEC Vs. XLK: One Of Them Carries Excess Baggage
Fidelity MSCI Information Technology Index ETF is a sizable ETF that offers exposure to the technology sector, but its performance does not compare favorably to larger peers like the XLK. FTEC is well...
FTEC: Apple Outlook A Headwind
Fidelity MSCI Information Technology Index ETF outperformed the S&P500 by 2x last year and the DJIA by 3x. FTEC has an excellent long-term performance track record and offers exposure to fast-growing ...
FTEC: Bullish On Mid-To-Long-Term, Not Suitable For Short-Term Investors
The Fidelity MSCI Information Technology Index ETF has potential entry points after consolidating below key moving averages. Short-term returns for FTEC may be clamped due to high starting multiples, ...
FTEC: Get Ready To Pounce On Fidelity's Tech Fund
The Fidelity® MSCI Information Technology Index ETF has outperformed the S&P 500, the DJIA, and the Nasdaq 100-Index over the past 5 years: with an average total return of 20.1%. The top-2 holdings in...
FTEC: A Tech ETF To Capitalize On Bull Market
The stock market's current bull run is anticipated to last for the following 12 to 18 months, and the technology sector stands to benefit greatly from these circumstances. The Fidelity® MSCI Informati...
FTEC: Expensive Valuation After Rally In H1 2023 (Rating Downgrade)
FTEC, a large-cap technology stock ETF, has a strong growth profile due to several important technology trends but currently trades at an expensive valuation. The fund has rallied in H1 2023 but is st...
Tech-related ETFs post huge 2023 gains with boost from AI hype, but some big ones still are left with outflows
Hello! This week's ETF Wrap takes a look at tech-fund demand and performance while highlighting several AI-themed ETFs that have attracted inflows this year.
Stock market's AI frenzy reinforces this crucial rule for traders, RenMac says
A mind-blowing Thursday surge by shares of chip maker Nvidia Corp. that fed a frenzy for artificial-intelligence stock market plays reinforces a cardinal rule for traders, said a technician at a top W...
FTEC: Fidelity's Tech ETF Is Going Higher On Lower U.S. Dollar
Despite the 2022 bear market in technology, the Fidelity MSCI Information Technology ETF has a five-year average annual return of 18%-plus. The FTEC ETF carries a 5-star Morningstar rating and has a r...
FTEC: Fidelity's Tech ETF Is Solid And Defensively Positioned
FTEC is a five-star rated technology ETF with a strong performance track record: The average annual return over the life of the fund is 16.82%. However, with 38.5% of the fund allocated to only two st...
FTEC: Technology Dashboard For November
Hardware is undervalued by 27% relative to 11-year averages. Other industries, except semiconductors, are significantly overvalued.
FTEC: A 5-Star Tech Fund With An Excellent Track Record
The bear market of 2022 and the current rising interest rate environment have been tough on the relatively high-flying Technology Sector. That being the case, the Fidelity MSCI Information Technology ...
FTEC: Technology Dashboard For June
The hardware industry is undervalued relative to historical averages. FTEC: an alternative to XLK.
FTEC: Technology Dashboard For April
Hardware has the best value and quality scores of the sector. Telecommunication is overpriced by more than 40% relative to 11-year averages.
FTEC: Technology Dashboard For February
Hardware is on the top of the sector regarding value and quality scores. Telecommunication and entertainment are overpriced by more than 40% relative to 11-year averages.
