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FTEC

Fidelity® MSCI Information Technology Index ETF (FTEC)

$162.61

Delayed price

PASS

BUY Advisory
SELL Advisory (Profit)
SELL Advisory (Loss)

Profit
Loss
Pass (Skip investing)

Time period over

ALL
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Upturn Advisory Summary

04/01/2025: FTEC (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

AI Based Fundamental Rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type ETF

Historic Profit 38.13%

Avg. Invested days 69

Today’s Advisory PASS

Upturn Star Rating

Upturn Advisory Performance

4.0

ETF Returns Performance

5.0

Profits based on simulation

Last Close 04/01/2025

Key Highlights

Volume (30-day avg) 463128	Beta 1.23	52 Weeks Range 141.38 - 192.79	Updated Date 04/2/2025
52 Weeks Range 141.38 - 192.79	Updated Date 04/2/2025

Upturn AI SWOT

Fidelity® MSCI Information Technology Index ETF

ETF Overview

Overview

The Fidelityu00ae MSCI Information Technology Index ETF (FTEC) seeks to provide investment results that correspond to the performance of the MSCI USA IMI Information Technology Index, investing in companies across the information technology sector.

Reputation and Reliability

Fidelity is a well-established and reputable financial services company with a long history of managing investment products.

Management Expertise

Fidelity has a team of experienced investment professionals managing its ETFs, providing expertise in portfolio construction and risk management.

Investment Objective

Goal

To provide investment results that correspond to the performance of the MSCI USA IMI Information Technology Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, attempting to replicate the returns of the MSCI USA IMI Information Technology Index.

Composition The ETF primarily holds stocks of companies within the information technology sector, including software, hardware, and IT services.

Market Position

Market Share: FTEC holds a significant market share within the technology sector ETF space.

Total Net Assets (AUM): 6820000000

Competitors

Key Competitors

Competitive Landscape

The technology ETF industry is highly competitive, with several large players. FTEC benefits from Fidelity's brand and low expense ratio but faces stiff competition from established ETFs like XLK, VGT and QQQ, which have larger AUM and trading volumes. FTEC advantages include Fidelity's distribution network. Disadvantages may be a smaller AUM compared to competitors.

Financial Performance

Historical Performance: Historical performance data unavailable without live data feed.

Benchmark Comparison: The ETF's performance should closely track the MSCI USA IMI Information Technology Index.

Expense Ratio: 0.08

Liquidity

Average Trading Volume

The average trading volume for FTEC is generally high, indicating good liquidity.

Bid-Ask Spread

The bid-ask spread for FTEC is typically tight, reflecting its high trading volume and liquidity.

Market Dynamics

Market Environment Factors

Economic growth, interest rates, technological innovation, and regulatory changes all impact FTEC.

Growth Trajectory

FTEC's growth is tied to the performance of the technology sector. Strategy and holdings remain relatively stable due to its index-tracking nature.

Moat and Competitive Advantages

Competitive Edge

FTEC benefits from Fidelity's strong brand recognition and distribution network. Its low expense ratio also provides a competitive advantage, attracting cost-conscious investors. The ETF's focus on replicating the MSCI USA IMI Information Technology Index ensures broad market exposure. FTEC offers a straightforward and cost-effective way to invest in the technology sector. These factors contribute to its appeal among passive investors seeking sector exposure.

Risk Analysis

Volatility

Technology stocks can be volatile, and FTEC's volatility reflects this.

Market Risk

FTEC is subject to market risk, particularly related to the performance of the technology sector. Sector-specific risks include rapid technological change and intense competition.

Investor Profile

Ideal Investor Profile

FTEC is suitable for investors seeking broad exposure to the technology sector and who are comfortable with the associated volatility.

Market Risk

FTEC is suitable for both long-term investors seeking sector diversification and active traders looking to capitalize on short-term market movements.

Summary

The Fidelityu00ae MSCI Information Technology Index ETF (FTEC) offers a cost-effective way to invest in the information technology sector by tracking the MSCI USA IMI Information Technology Index. Its low expense ratio and Fidelity's brand recognition are key advantages. However, it faces competition from larger and more established ETFs. Investors should be aware of the technology sector's inherent volatility and market risk. FTEC is suitable for investors seeking targeted sector exposure and who are comfortable with these risks.

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Data Sources:

Fidelity Investments Website
ETF.com
Morningstar

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market share data is an estimation.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Fidelity® MSCI Information Technology Index ETF

Exchange NYSE ARCA	Headquaters -
IPO Launch date -	CEO -
Sector -	Industry -	Full time employees -	Website
Full time employees -	Website

The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology 25/50 Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology 25/50 Index. The fund is non-diversified.

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Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.