FTEC vs VGT
Fidelity MSCI Information Technology Index ETF vs Vanguard Information Technology ETF
Which is better, FTEC or VGT?
Nearly the same fund. FTEC costs less.
FTEC has a lower expense ratio. FTEC led over 1Y, 3Y and 5Y, VGT over the full window. The two have moved almost in lockstep, correlation 1.00. VGT is less concentrated, with 62.4% of the fund in its ten largest positions against 63.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FTEC | VGT |
|---|---|---|
| Expense Ratio | 0.08%Best | 0.09% |
| AUM | $19.9B | $160.6B |
| Dividend Yield | 0.35% | 0.36% |
| Holdings | 77 | 324 |
| YTD Return | +26.12% | +26.13%Best |
| 1Y Return | +32.30%Best | +31.95% |
| 3Y Return (annualized) | +31.57%Best | +31.30% |
| 5Y Return (annualized) | +18.52%Best | +18.29% |
| Volatility (annualized) | 19.7%Tie | 19.7%Tie |
| Max Drawdown | -35.0%Best | -35.1% |
| $10,000 over 5 years | $23,386Best | $23,160 |
| Top 10 Weight | 63.7% | 62.4%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 21, 2013 | Jan 26, 2004 |
Volatility and max drawdown are measured over the window both funds cover: Oct 24, 2013 to Sep 16, 2026 (12.9 years).
FTEC vs VGT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 12.9 years both funds cover.
FTEC vs VGT Performance
Fidelity MSCI Information Technology Index ETF (FTEC) is an ETF from Fidelity Investments (US) and Vanguard Information Technology ETF (VGT) is an ETF from Vanguard (US). Over the past year FTEC returned +32.30% while VGT returned +31.95%. Year to date, FTEC is up 26.12% versus a gain of 26.13% for VGT.
Over three years, FTEC compounded at +31.57% per year against +31.30% for VGT; over five years the annualized figures are +18.52% and +18.29% respectively. Across the full 13-year window we track, VGT has the edge at +21.11% annualized vs +21.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTEC and VGT have been equally volatile, both at 19.7% annualized.
The deepest peak-to-trough decline in our data was -35.0% for FTEC and -35.1% for VGT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FTEC charges 0.08% per year while VGT charges 0.09%. On a $10,000 position that is $8 vs $9 annually, a gap of $1 per year that compounds over a long holding period. On income, FTEC currently yields 0.35% against 0.36% for VGT.
Holdings Overlap
99.0% of FTEC's money is in holdings VGT also owns. 98.7% of VGT's money is in holdings FTEC also owns.
Most of FTEC is already inside VGT. Owning both mostly buys the same companies twice.
265 positions in common, counted across the 283 positions we hold weights for in FTEC and 316 in VGT, against full books of 77 and 324.
What only one of them owns
Our book lists 25 positions for VGT that do not appear in our book for FTEC (1.0% of the fund), and 4 for FTEC that do not appear in VGT (0.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FTEC | Weight in VGT | Difference |
|---|---|---|---|
| NVDANvidia Corp | 17.73% | 17.16% | 0.57% |
| AAPLApple, Inc | 16.46% | 16.25% | 0.21% |
| MSFTMicrosoft Corp | 11.55% | 10.96% | 0.59% |
| AVGOBroadcom Inc | 4.58% | 4.21% | 0.37% |
| MUMicron Technology, Inc. | 4.15% | 3.82% | 0.33% |
| AMDAdvanced Micro Devices Inc | 2.94% | 3.18% | 0.24% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.73% | 1.91% | 0.18% |
| INTCIntel Corporation | 1.56% | 1.65% | 0.09% |
| AMATApplied Materials, Inc. | 1.41% | 1.69% | 0.28% |
| LRCXLrcx Uw Equity | 1.46% | 1.54% | 0.08% |
99.0% of FTEC is already inside VGT.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FTEC or VGT?
FTEC has an expense ratio of 0.08% while VGT charges 0.09%. FTEC is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, FTEC or VGT?
Over the past year FTEC returned +32.30% vs +31.95% for VGT, so FTEC leads on 1-year performance. Over the longest common window we track (13 years), FTEC annualized +21.05% vs +21.11% for VGT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTEC or VGT?
FTEC and VGT have been equally volatile, both at 19.7% annualized. Worst drawdown: FTEC -35.0% vs VGT -35.1%.
Should I hold both FTEC and VGT?
FTEC and VGT have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FTEC and VGT?
99.0% of FTEC's money is in holdings VGT also owns. 98.7% of VGT's is in holdings FTEC also owns. They hold 265 positions in common, counted across the 283 positions we hold weights for in FTEC and 316 in VGT.
Which pays a higher dividend, FTEC or VGT?
FTEC yields 0.35% while VGT yields 0.36%, so VGT currently pays the higher dividend yield.
Is VGT better than FTEC?
FTEC has a lower expense ratio. FTEC led over 1Y, 3Y and 5Y, VGT over the full window. The two have moved almost in lockstep, correlation 1.00. VGT is less concentrated, with 62.4% of the fund in its ten largest positions against 63.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.