Fidelity MSCI Information Technology Index ETF (FTEC)
Summary
FTEC Chart
FTEC: Dominated By The AI Trade
Fidelity MSCI Information Technology Index ETF (FTEC) offers concentrated exposure to the AI data center build and broader US tech sector. FTEC's top holdings (Nvidia, Apple, and Microsoft) comprise 45% of assets; AI-related companies dominate, with 47% directly tied to the AI buildout. Despite a high absolute PE (29x for YE27), FTEC's PEG is under 1x, reflecting high EPS growth driven by semiconductors.
FTEC: Big Tech Will Likely Get Bigger In 2027
Fidelity MSCI Information Technology ETF offers passive cap-weighted exposure to almost 300 U.S. tech stocks, maintaining strong appeal despite a potential rotation to value. FTEC boasts a projected 28.84% next-year EPS growth rate and a 31.98x TTM P/E that's below its five-year average. Tech P/E's may compress by 25% in a downturn, but this would need to be accompanied by a substantial EPS forecast miss to have a serious impact on investors.
Should You Invest in the Fidelity MSCI Information Technology Index ETF (FTEC)?
Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the Fidelity MSCI Information Technology Index ETF (FTEC), a passively managed exchange traded fund launched on October 21, 2013.
Fidelity MSCI Information Technology Index ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 198,769 | $42.99M | $58.04M | $15.05M | 35.02% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 54 | $4,910 | $15,697.8 | $10,787.8 | 219.71% |
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 837 | $102,825.1 | $237,205.8 | $134,380.7 | 130.69% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 668,463 | $190.9M | $195.91M | $5.01M | 2.63% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 6,362 | $1.03M | $1.86M | $834,168.86 | 80.96% |
Fidelity MSCI Information Technology Index ETF (FTEC) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Fidelity MSCI Information Technology Index ETF ever had a stock split?
Fidelity MSCI Information Technology Index ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is an investment vehicle designed primarily for individuals and institutions looking to gain exposure to the U.S. information technology sector. By investing at least 80% of its assets in securities that are part of its underlying index, the MSCI USA IMI Information Technology 25/50 Index, the fund aims to mirror the performance of this sector within the U.S. equity market. This non-diversified fund takes a focused approach, which may entail higher risks and rewards associated with the fluctuating performance of the information technology industry.
Products and Services
- Exposure to U.S. Information Technology Sector
The fund provides investors with a targeted opportunity to invest in the information technology sector of the U.S. equity market, by closely aligning its investments with the securities listed in the MSCI USA IMI Information Technology 25/50 Index. This allows investors to directly benefit from the sector’s performance.
- MSCI USA IMI Information Technology 25/50 Index Alignment
By basing its investment strategy on the MSCI USA IMI Information Technology 25/50 Index, the fund seeks to invest in a broad array of technology companies within the U.S., including but not limited to those involved in software, hardware, and technology services. This alignment with the index ensures that fund’s holdings reflect the overall performance and trends of the U.S. information technology sector.
- Non-Diversified Fund Structure
As a non-diversified fund, this investment option might concentrate its assets more heavily in fewer securities than a diversified fund. This can lead to higher volatility and risk, but also offers the potential for significant gains if the targeted sector performs well.
Contact Information
