FTEC

Fidelity MSCI Information Technology Index ETF
*Unless otherwise stated, data provided by FactSet.

FTEC Fund Description

FTEC tracks a market-cap-weighted index of stocks in the broad US information technology sector.

FTEC Factset Analytics Insight

FTEC provides exposure to US technology firms across all market caps by tracking the MSCI USA IMI Information Technology 25/50 Index. All selected stocks are classified as part of the Information Technology sector under GICS. The Index’s methodology applies certain investment limits for RICs under the current US Internal Revenue Code to help ensure diversification, one of which stipulates that: At the end of each quarter of its tax year no more than 25% of the value of the RIC's assets may be invested in a single issuer and the sum of the weights of all issuers representing more than 5% of the fund should not exceed 50% of the fund’s total assets. Moreover, the index is reviewed quarterly starting in February and reviewed semiannually in May and November. Prior to December 1, 2020, the fund tracked the MSCI USA IMI Information Technology Index.

FTEC MSCI ESG Analytics Insight

Fidelity MSCI Information Technology Index ETF has an MSCI ESG Fund Rating of A based on a score of 5.92 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity MSCI Information Technology Index ETF ranks in the 47th percentile within its peer group and in the 65th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FTEC 5.44% 6.45% 8.71% 44.83% 26.86% 29.65% --
FTEC (NAV) 5.00% 5.44% 8.24% 41.18% 26.68% 29.51% --
MSCI US Investable Market Information Technology 25/50 Transition Index 5.02% 5.46% 8.28% 41.31% 26.79% 29.65% 21.61%
Thomson Reuters US Technology 4.95% 6.80% 11.00% 42.36% 26.85% 30.16% 21.58%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FTEC Summary Data

Fidelity
10/21/13
Open-Ended Fund
0.08%
$5.70B
$31.35M
0.03%

FTEC Portfolio Data

$863.34B
40.58
10.28
0.69%
N/A
351

FTEC Index Data

MSCI US Investable Market Information Technology 25/50 Transition Index
Market Cap
Market Cap
Thomson Reuters US Technology

FTEC Portfolio Management

0.08%
-0.15%
-0.11%
-0.19%

FTEC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FTEC Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

FTEC Factset Analytics Block Liquidity

As of 06/17/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FTEC. FTEC is rated a 5 out of 5.

FTEC Tradability

283,971
$31.35M
258,622
$28.65M
0.03%
$0.04
0.01%
0.15% / -0.18%
None
100.00%
50,000
5.17
0.00%
0.01%
316
$112.93
5

FTEC Sector/Industry Breakdown


FTEC
Segment Benchmark
49.54%
61.33%
22.02%
15.93%
18.24%
12.78%
3.25%
0.15%
3.03%
2.60%
1.41%
1.16%
1.03%
0.21%
0.86%
0.65%
0.35%
--
0.06%
0.80%

FTEC Top 10 Holdings[View All]

Apple Inc. 19.35%
Adobe Inc. 2.30%
56.86%

FTEC Countries


FTEC
Segment Benchmark
100.00%
99.98%
--
0.02%

FTEC Regions


FTEC
Segment Benchmark
100.00%
100.00%

FTEC Economic Development


FTEC
Segment Benchmark
100.00%
100.00%

FTEC Performance Statistics

0.98
1.02
1.02
1.00
0.23%
Thomson Reuters US Technology

FTEC MSCI ESG Ratings

5.92 / 10
64.85
47.36
0.15%
3.27%
22.98

FTEC Benchmark Comparison Holdings

351
451
276
70.44%

FTEC Benchmark Comparison Summary


FTEC
Segment Benchmark
351
451
$863.34B
$851.23B
40.58
41.93
10.28
8.46
0.77%
0.76%
High
High

FTEC Benchmark Comparison Market Cap Size


FTEC
Segment Benchmark
93.05%
93.93%
5.92%
5.00%
0.99%
0.99%
0.04%
0.08%