ETF Versus

FTEC vs XLK

Fidelity MSCI Information Technology Index ETF vs State Street Technology Select Sector SPDR ETF

Last updated: 2026-04-10

FTEC Fidelity

Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund issued by Fidelity that provides exposure to us sector - technology securities. It charges a low expense ratio of 0.08%. The fund offers a modest dividend yield of 0.43%. Launched in 2013, the fund has a 13-year track record.

AUM: $15.9B ER: 0.08% Yield: 0.43% Since: Oct 21, 2013
XLK SPDR

State Street Technology Select Sector SPDR ETF (XLK) is an exchange-traded fund issued by SPDR that provides exposure to us sector - technology securities. It charges a low expense ratio of 0.08%. The fund offers a modest dividend yield of 0.54%. Launched in 1998, the fund has a 28-year track record.

AUM: $90.3B ER: 0.08% Yield: 0.54% Since: Dec 16, 1998

Quick Verdict

Both funds have delivered similar 1-year returns (46.4% vs 46.8%), tracking closely.

Key Metrics

Metric FTEC XLK
Expense Ratio 0.08% 0.08%
Dividend Yield 0.4% 0.5%
Fund Family Fidelity SPDR
Category US Sector - Technology US Sector - Technology

Performance Chart

Indexed to 100 at start (5-year comparison)

80 107 134 161 188 215 2021-04 2022-07 2023-10 2025-01 2026-04
FTEC +97.2%
XLK +102.2%

Performance Comparison

Period FTEC XLK Difference
1 Month +1.26% +1.60% -0.34%
3 Months -2.80% -2.80% +0.00%
6 Months -1.46% +0.06% -1.52%
YTD -1.61% -1.13% -0.48%
1 Year +46.40% +46.81% -0.41%
3 Years +99.14% +93.34% +5.80%
5 Years +97.20% +102.25% -5.05%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period FTEC Fees XLK Fees You Save
$10,000 10 years $159 $159 $0
$10,000 20 years $686 $686 $0
$10,000 30 years $2,212 $2,212 $0
$50,000 10 years $797 $797 $0
$50,000 30 years $11,061 $11,061 $0
$100,000 30 years $22,123 $22,123 $0

Risk Metrics

Based on 5 years of daily returns

Metric FTEC XLK
Annualized Volatility 25.1% 24.7%
Max Drawdown -35.4% -34.0%
Sharpe Ratio 0.49 0.51

Dividend Comparison

Metric FTEC XLK
Annual Dividend (per share) $0.95 $0.77
Dividend Yield 0.43% 0.54%
Distribution Frequency Quarterly Quarterly

Top Holdings

10 of top 10 holdings overlap (100% overlap in top holdings)

FTEC Top Holdings

NameWeight
NVIDIA CorporationNVDA18.32%
Apple Inc.AAPL15.32%
Microsoft CorporationMSFT9.93%
Broadcom Inc.AVGO4.58%
Micron Technology, Inc.MU2.20%
Advanced Micro Devices, Inc.AMD1.85%
Palantir Technologies Inc.PLTR1.72%
Cisco Systems, Inc.CSCO1.68%
Lam Research CorporationLRCX1.48%
Applied Materials, Inc.AMAT1.48%

XLK Top Holdings

NameWeight
NVIDIA CorporationNVDA15.30%
Apple Inc.AAPL13.10%
Microsoft CorporationMSFT9.49%
Broadcom Inc.AVGO5.76%
Micron Technology, Inc.MU3.96%
Advanced Micro Devices, Inc.AMD3.22%
Cisco Systems, Inc.CSCO2.74%
Lam Research CorporationLRCX2.69%
Applied Materials, Inc.AMAT2.63%
Palantir Technologies Inc.PLTR2.49%

Which One Should You Choose?

Either works if...

you just need broad us sector - technology exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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