FTEC vs IVV
FTEC vs IVV
Fidelity MSCI Information Technology Index ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. FTEC delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FTEC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.03% | |
| AUM | $21.0B | $865.2B | |
| Dividend Yield | 0.35% | 1.09% | |
| Holdings | 270 | 508 | |
| YTD Return | +27.44% | +13.52% | |
| 1Y Return | +40.41% | +23.63% | |
| 3Y Return (annualized) | +31.38% | +21.26% | |
| 5Y Return (annualized) | +19.34% | +13.52% | |
| Volatility (annualized) | 19.7% | 15.1% | |
| Max Drawdown | -35.0% | -56.5% | |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 21, 2013 | May 15, 2000 |
FTEC vs IVV Performance
Fidelity MSCI Information Technology Index ETF (FTEC) is a ETF from Fidelity Investments (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FTEC returned +40.41% while IVV returned +23.63%. Year to date, FTEC is up 27.44% versus a gain of 13.52% for IVV.
Over three years, FTEC compounded at +31.38% per year against +21.26% for IVV; over five years the annualized figures are +19.34% and +13.52% respectively. Across the full 13-year window we track, FTEC has the edge at +21.36% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTEC has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.0% for FTEC and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.90. 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 IVV charges 0.03%. On a $10,000 position that is $8 vs $3 annually, a gap of $5 per year that compounds over a long holding period. On income, FTEC currently yields 0.35% against 1.09% for IVV.
Holdings Overlap
FTEC and IVV share 67 holdings out of 700 unique holdings combined, representing a 36.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FTEC | Weight in IVV | Difference |
|---|---|---|---|
| NVDA | 18.25% | 7.76% | 10.49% |
| AAPL | 16.02% | 7.44% | 8.58% |
| MSFT | 10.29% | 4.57% | 5.72% |
| AVGO | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| PLTR | Pro | Pro | Pro |
| AMAT | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
See all 10 holdings FTEC shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FTEC or IVV?
FTEC has an expense ratio of 0.08% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, FTEC or IVV?
Over the past year FTEC returned +40.41% vs +23.63% for IVV, so FTEC leads on 1-year performance. Over the longest common window we track (13 years), FTEC annualized +21.36% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, FTEC or IVV?
FTEC has been the more volatile fund at 19.7% annualized versus 15.1% for IVV. Worst drawdown: FTEC -35.0% vs IVV -56.5%.
Should I hold both FTEC and IVV?
FTEC and IVV have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between FTEC and IVV?
FTEC and IVV share 67 common holdings with a 36.1% weight overlap. Combined, they hold 700 unique securities.
Which pays a higher dividend, FTEC or IVV?
FTEC yields 0.35% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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