Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

FTEC vs IYW: how they differ

FTEC and IYW hold 73% of their weight in the same names, and FTEC returned more over the year.

Fidelity MSCI Information Technology Index ETF and iShares U.S. Technology ETF.

What they hold in common

By the books each fund has filed, FTEC and IYW hold 73% of their money in the same securities at the same weight.

Positions FTEC and IYW both hold, largest shared weight first
HoldingFTECIYW
NVIDIA Corp18.00%16.25%
Apple Inc14.38%13.65%
Microsoft Corp9.54%3.99%
Broadcom Inc5.01%3.78%
Micron Technology Inc2.64%2.98%
Advanced Micro Devices Inc2.60%3.50%
Intel Corp1.99%2.56%
Lam Research Corp1.49%1.99%
Applied Materials Inc1.45%1.92%
Palantir Technologies Inc1.40%1.86%
Oracle Corp1.22%1.67%
Texas Instruments Inc1.20%1.57%
Largest positions each one holds and the other does not
Only in FTECOnly in IYW
Cisco Systems Inc 1.66%ALPHABET INC. 7.84%
Arista Networks Inc 0.89%ALPHABET INC. 6.34%
Seagate Technology Holdings PLC 0.76%META PLATFORMS, INC. 2.81%
Accenture PLC 0.53%VERTIV HOLDINGS CO 0.77%
Ciena Corp 0.45%DOORDASH, INC. 0.38%
NXP Semiconductors NV 0.40%FLEX LTD. 0.21%
Lumentum Holdings Inc 0.39%LEIDOS HOLDINGS, INC. 0.12%
Motorola Solutions Inc 0.38%REDDIT, INC. 0.12%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.

FTEC and IYW on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
FTEC
Fidelity MSCI Information Technology Index ETF
IYW
iShares U.S. Technology ETF
Where it sitsCore index fundCore index fund
IssuerFidelityiShares
What it isMSCI Information TechnologyU.S. Technology
Total return, 1 year+35.7%+34.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+18.2 pts+17.4 pts
Expense ratio0.08%0.37%
Already in the S&P 50086.2%95.5%
Holdings282139

FTEC in plain words

FTEC is an index equity fund tracking the MSCI Information Technology. Over the year to Sep 11, 2026 it returned +35.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Apr 30, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 282 positions, with the top ten at 58.8%. It sat 3.7% below its high of Jun 2, 2026 on Sep 11, 2026.

IYW in plain words

IYW is an index equity fund tracking the U.S. Technology. Over the year to Sep 11, 2026 it returned +34.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 139 positions, with the top ten at 63.7%.

Questions people ask

Which returned more over the last year, FTEC or IYW?
In the year to Sep 12, 2026, with distributions reinvested, FTEC returned +35.7% and IYW returned +34.9%, so FTEC returned more. One year is one year; the longer windows are in the table.
Which is cheaper, FTEC or IYW?
FTEC charges 0.08% a year and IYW charges 0.37%, so FTEC is cheaper. Fees come from each fund's prospectus.
How much do FTEC and IYW overlap with the S&P 500?
By their latest filed holdings, 86% of FTEC and 96% of IYW by weight is stocks the S&P 500 already holds. Between the two funds, 73% of their books are the same securities at the same weight.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FTEC against IYW, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FTEC against IYW, data as of Sep 12, 2026. https://etfiq.com/compare/any/FTEC-IYW Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources