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About Fidelity MSCI Information Technology Index ETF
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Inception date
Oct 21, 2013
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
FMR Co., Inc.
Distributor
Fidelity Distributors Corp.
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 Indexs 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 funds 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks99.74%
Electronic Technology52.52%
Technology Services44.08%
Producer Manufacturing2.63%
Distribution Services0.32%
Transportation0.09%
Commercial Services0.05%
Process Industries0.03%
Consumer Services0.01%
Bonds, Cash & Other0.26%
Mutual fund0.23%
Cash0.03%
Stock breakdown by region
North America98.06%
Europe1.91%
Middle East0.03%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTEC invests in stocks. The fund's major sectors are Electronic Technology, with 52.52% stocks, and Technology Services, with 44.08% of the basket. The assets are mostly located in the North America region.
FTEC top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 16.13% and 15.08% of the portfolio correspondingly.
FTEC last dividends amounted to 0.23 USD. The quarter before, the issuer paid 0.21 USD in dividends, which shows a 7.83% increase.
FTEC assets under management is 13.37 B USD. It's risen 2.24% over the last month.
FTEC fund flows account for 1.53 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FTEC pays dividends to its holders with the dividend yield of 0.48%. The last dividend (Mar 25, 2025) amounted to 0.23 USD. The dividends are paid quarterly.
FTEC shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Oct 21, 2013, and its management style is Passive.
FTEC expense ratio is 0.08% meaning you'd have to pay 0.08% of your investment to help manage the fund.
FTEC follows the MSCI USA IMI Information Technology 25/50 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTEC invests in stocks.
FTEC price has risen by 4.18% over the last month, and its yearly performance shows a 7.62% increase. See more dynamics on FTEC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.04% over the last month, showed a 11.35% increase in three-month performance and has increased by 9.22% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.04% over the last month, showed a 11.35% increase in three-month performance and has increased by 9.22% in a year.
FTEC trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.