Fidelity MSCI Information Technology Index ETF

Frequently Asked Questions About FTEC

What does FTEC invest in?

The fund aims to replicate the investment returns of the MSCI USA IMI Information Technology 25/50 Index.

What is the expense ratio of FTEC?

Fidelity MSCI Information Technology Index ETF (FTEC) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FTEC?

Fidelity MSCI Information Technology Index ETF (FTEC) manages $20.96B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FTEC actively managed or an index fund?

FTEC is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FTEC's is 0.08%) because there's no security selection cost.

When was FTEC launched?

Fidelity MSCI Information Technology Index ETF (FTEC) launched in October 2013 and is managed by Fidelity.

How has FTEC performed?

FTEC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.