Fidelity MSCI Information Technology ETF (FTEC) Performance
FTEC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +27.0% since Dec 31, 2025
- 1 year
- +25.8% total return
- 5 years
- +18.4% a year
- 10 years
- +23.9% a year
- Since first price
- +21.7% a year since 2013
FTEC trailing returns vs SPY, QQQ, AGG
| Period | FTEC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.2% | −5.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.2% | +4.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +17.6% | +17.3% | +7.8% | +8.4% | −1.5% |
| YTD | +27.0% | +26.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +25.8% | +25.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +137.2%+33.4%/yr | +133.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +132.9%+18.4%/yr | +125.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +751.5%+23.9%/yr | +681.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionOct 24, 2013 | +1,181.8%+21.7%/yr | +1,034.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FTEC vs SPY
From Oct 24, 2013: FTEC grew to $128,181, SPY to $53,980.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FTEC returns by calendar year
10 of 12 full years positive. Best 2023 (+53.3%), worst 2022 (−29.6%). 2026 is year to date.
FTEC annual returns table
| Year | FTEC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +27.0% | −14.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +22.1% | −27.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +29.4% | −15.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +53.3% | −12.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −29.6% | −34.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +30.5% | −10.8% | +28.7% | +27.4% | −1.8% |
| 2020 | +45.8% | −31.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +48.9% | −10.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −0.4% | −24.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +36.8% | −5.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +13.9% | −11.4% | +12.0% | +7.1% | +2.4% |
| 2015 | +5.0% | −14.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +18.3% | −8.7% | +13.5% | +19.2% | +6.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FTEC largest drawdowns
Now 8.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 27, 2021 | −35.0% | Oct 14, 2022 | Nov 20, 2023 | 10 months | 1.9 years |
| Feb 19, 2020 | −31.9% | Mar 23, 2020 | Jun 9, 2020 | 33 days | 4 months |
| Dec 16, 2024 | −27.3% | Apr 8, 2025 | Jun 25, 2025 | 4 months | 6 months |
| Aug 29, 2018 | −24.1% | Dec 24, 2018 | Mar 21, 2019 | 4 months | 7 months |
| Dec 4, 2015 | −16.4% | Feb 9, 2016 | Jul 18, 2016 | 2 months | 7 months |
| Oct 29, 2025 | −16.3% | Mar 30, 2026 | Apr 17, 2026 | 5 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FTEC risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +35.4% | +21.2% | +24.5% | +22.3% |
| Volatility (annualized) | 21.7% | 23.4% | 20.9% | 19.6% |
| Sharpe ratio | 1.31 | 0.79 | 1.05 | 1.04 |
| Sortino ratio | 3.17 | 1.41 | 1.89 | 1.89 |
| Best month | +18.4% | +18.4% | +18.4% | +18.4% |
| Worst month | −9.2% | −11.8% | −11.8% | −11.8% |
| Best 12 months | +61.0% | +61.0% | +70.3% | +70.3% |
| Worst 12 months | +4.0% | −29.6% | −29.6% | −29.6% |
| Positive months | 61% | 58% | 65% | 63% |
| Beta vs S&P 500 | 1.52 | 1.34 | 1.21 | — |
| Correlation with S&P 500 | 0.87 | 0.90 | 0.89 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FTEC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 145 | −29.6% | +24.6% | +70.3% | 90% |
| 3-year (a year) | 121 | +10.2% | +21.3% | +41.5% | 100% |
| 5-year (a year) | 97 | +14.0% | +20.0% | +31.0% | 100% |
| 10-year (a year) | 37 | +18.3% | +20.6% | +25.4% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
FTEC performance overview
Fidelity MSCI Information Technology ETF (FTEC) returned +25.8% over the past year and +23.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +21.7% a year, turning $10,000 into about $128,181. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −35.0%, from Dec 27, 2021 to Oct 14, 2022, and it took 1.1 years to get back to the old high. FTEC finished 10 of its 12 full calendar years with a gain; the best year was 2023 (+53.3%) and the worst 2022 (−29.6%). Volatility has been 19.6% a year.
Related: FTEC chart, FTEC holdings, FTEC dividends, FTEC valuation. See the FTEC overview for the latest quote and fund facts.
FTEC performance FAQ
What is the FTEC return over the past year?
FTEC returned +25.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 25.2%.
What is the average annual return of FTEC?
FTEC has returned +18.4% a year over 5 years, +23.9% a year over 10 years, +21.7% a year since October 24, 2013 (total return, distributions reinvested).
How much would $10,000 invested in FTEC be worth?
$10,000 invested in FTEC at its first recorded close on October 24, 2013 would be worth about $128,181 on October 23, 2026 with distributions reinvested.
What was the worst year for FTEC?
The worst calendar year was 2022, with a total return of −29.6%. The best was 2023 at +53.3%.
What is the biggest drawdown of FTEC?
The largest peak-to-trough decline was −35.0% between December 27, 2021 and October 14, 2022. It recovered to the old high on November 20, 2023, 1.1 years after the bottom.
How volatile is FTEC?
Over the past 3 years FTEC had an annualized volatility of 21.7% and a Sharpe ratio of 1.31 (excess return over 1–3 month T-bills per unit of risk).