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.
FTEC has outperformed the S&P 500 with a 10-year annual return of 21.1%, making it a great choice for a long-term core tech holding in your portfolio. The ETF is well-diversified, heavily weighted in software and semiconductors, but excludes Google, Amazon, and TSMC—ideal for those already holding these stocks. FTEC's portfolio features leading AI and tech innovators like NVIDIA, Broadcom, Oracle, and Palantir, capitalizing on generational AI growth trends.
FTEC suffers from high concentration, backward-looking market cap weighting, and misses key tech names like Amazon, Meta, and Alphabet. Lower AUM leads to liquidity issues, making FTEC less attractive compared to larger peers like VGT, despite its slightly lower fees. DIY tech portfolios or more diversified ETFs like QQQ offer better risk-reward and flexibility than FTEC's rigid, concentrated approach.
Designed to provide broad exposure to the Technology - Broad segment of the equity market, the Fidelity MSCI Information Technology Index ETF (FTEC) is a passively managed exchange traded fund launched on 10/21/2013.
The US stock market is rebounding, driven by mega and large-cap tech stocks, bolstered by trade deals with China and potential rate cuts. Fidelity MSCI Information Technology Index ETF (FTEC) is a top investment choice due to its significant concentration in tech giants like Apple, Microsoft, and NVIDIA. iShares U.S. Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) are also strong options, offering exposure to key tech giants from the communication sector.
Fidelity's FTEC ETF features a diversified basket of well-known internet technology firms.
If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the Fidelity MSCI Information Technology Index ETF (FTEC), a passively managed exchange traded fund launched on 10/21/2013.
The tech sector has faced significant selling pressure in 2025, with Information Technology down 6% YTD, driven by tariff fears and a shift from growth to value. I am upgrading the Fidelity MSCI Information Technology Index ETF from hold to buy, as it is 11% below its all-time high, and the correction appears to be over. FTEC, with $12.5 billion AUM, has a low expense ratio and focuses on large-cap growth stocks like Apple, NVIDIA, and Microsoft, which are key for its performance.
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 10/21/2013.
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 least compelling. Fast facts on FTEC, an alternative to XLK for long-term investors.
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 10/21/2013.
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 and technical strength, but caution about its high PEG ratio of 2.1x. FTEC's top three holdings—Apple, NVIDIA, and Microsoft—comprise over 40% of the ETF, with significant volatility and a current price-to-earnings multiple just shy of 29.