Data as of Oct 28, 2026.

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FTEC vs IXN: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FTEC returned +25.0% to IXN's +30.8%; 73% of their weight is in the same names.

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Net assets: $22.1bn on Sep 30, 2026 for Fidelity MSCI Information Technology Index ETF, and $9.5bn on Oct 28, 2026 for iShares Global Tech ETF.

At a glance
+25.0%
FTEC total return, 1 year
+30.8%
IXN total return, 1 year
0.08%
FTEC expense ratio
0.37%
IXN expense ratio

Pair scorecard

FTEC costs 0.29 points a year less; their one-year returns differ by 5.8 points; FTEC is 2.3 times larger.

FTEC vs IXN: Differences, Returns & Fees
MeasureFTECIXN
Return
Total return, 1 year+25.0%+30.8%
Drawdown
Below its high4.9%, high on Oct 6, 20265.9%, high on Oct 6, 2026
Benchmark
What it tracksMSCI USA IMI Information Technology 25/50 IndexS&P Global 1200 Information Technology 4
Cost and size
Expense ratio0.08%0.37%
Net assets, as of Sep 30, 2026$22.1bn$9.7bn
Holdings
Holdings in common73%
Top ten holdings, share of the fund62.2%60.1%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

Risk and return

Nov 1, 2013 to Oct 23, 2026 · 677 weekly returns
FTEC IXN
Return
Total return edge FTEC (slight) +1,178.5% +1,075.8%
Annualized edge FTEC (slight) +21.6% +20.8%
Price return edge FTEC (slight) +1,031.1% +949.6%
Risk
Volatility edge Tie 21.3% 21.1%
Max drawdown edge FTEC (slight) −34.1% −35.2%
Risk-adjusted
Sharpe edge FTEC (slight) 0.94 0.91
Sortino edge FTEC (slight) 1.41 1.37
Calmar edge FTEC (slight) 0.63 0.59
Reading

FTEC returned slightly more: +1,178.5% to +1,075.8%. FTEC and IXN swung about the same: 21.3% and 21.1%. FTEC fell slightly less at its worst: −34.1% to −35.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: FTEC vs IXN: Differences, Returns & Fees
MeasureFTECIXNEdgeHow it is measured
Return
Total return+1,178.5%+1,075.8%FTEC (slight)Price change plus distributions, reinvested.
Annualized+21.6%+20.8%FTEC (slight)Total return as a yearly rate.
Price return+1,031.1%+949.6%FTEC (slight)Price change alone, distributions left out.
Risk
Volatility21.3%21.1%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.1%14.0%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.1%−35.2%FTEC (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.940.91FTEC (slight)Return above Treasury bills per unit of volatility.
Sortino1.411.37FTEC (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.630.59FTEC (slight)Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 677 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

73%

By the books each fund has filed, FTEC and IXN hold 73% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

73% in common

Positions both hold · largest shared weight first FTEC IXN
NVIDIA Corp 17.09% 13.39%
Apple Inc 16.21% 12.86%
Microsoft Corp 10.93% 10.02%
Broadcom Inc 4.20% 4.13%
Micron Technology Inc 3.82% 4.03%
Advanced Micro Devices Inc 3.18% 3.51%
Cisco Systems Inc 1.92% 1.69%
Intel Corp 1.65% 1.79%
Palo Alto Networks Inc 1.17% 1.26%
Lam Research Corp 1.54% 1.16%
Palantir Technologies Inc 1.13% 1.76%
International Business Machines Corp 0.88% 0.91%
Only in one fund ↓
Only in FTEC
Applied Materials Inc 1.69%
Texas Instruments Inc 1.07%
Snowflake Inc 0.46%
Cloudflare Inc 0.42%
AppLovin Corp 0.41%
Astera Labs Inc 0.24%
Credo Technology Group Holding Ltd 0.20%
Okta Inc 0.19%
Only in IXN
TAIWAN SEMICONDUCTOR MANUFACTURING 4.52%
SAMSUNG ELECTRONICS LTD 2.94%
ASML HOLDING 2.43%
SK HYNIX 2.28%
APPLIED MATERIAL INC 1.21%
TEXAS INSTRUMENT 1.08%
SAP 0.93%
SHOPIFY SUBORDINATE VOTING CLASS A 0.77%
Check overlap with more funds →

Side by side

FTEC Fidelity MSCI Information Technology Index ETF IXN iShares Global Tech ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Information Technology Tracks an index
Total return, 1 year +25.0% +30.8%
Its benchmark over the same days +24.7% (VGT) not measured
Gap to its benchmark +0.3 pts vs VGT not measured
Expense ratio 0.08% 0.37%
Already in the S&P 500 87.8% 75.1%
Holdings 281 133
Net assets, FTEC as of Sep 30, 2026 and IXN as of Oct 28, 2026 $22.1bn $9.5bn

FTEC and IXN on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-403E07E7EC

FTEC and IXN are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. FTEC follows MSCI USA IMI Information Technology 25/50 Index and IXN follows S&P Global 1200 Information Technology 4.
  2. One-year total return. Over 1 year to Oct 28, 2026 FTEC returned +25.0% and IXN +30.8% with distributions reinvested, a gap of 5.8 points.
  3. Cost. FTEC charges 0.08% of assets a year and IXN 0.37%, a gap of 0.29 points.

Data as of Oct 28, 2026.

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About each fund
FTEC

FTEC tracks the MSCI Information Technology. Over the year to Oct 28, 2026 it returned +25.0% with distributions reinvested, against +24.7% for its benchmark, the MSCI USA IMI Information Technology 25/50 Index. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jul 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 281 positions, with the top ten at 62.2%. It sat 4.9% below its high of Oct 6, 2026 on Oct 28, 2026.

IXN

IXN tracks an index. Over the year to Oct 28, 2026 it returned +30.8% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 75% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 60.1%. It sat 5.9% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FTEC or IXN?
In the year to Oct 28, 2026, with distributions reinvested, FTEC returned +25.0% and IXN +30.8%.
Which is cheaper, FTEC or IXN?
FTEC is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FTEC and IXN overlap with the S&P 500?
By their latest filed holdings, 88% of FTEC and 75% of IXN by weight is stocks the S&P 500 already holds.
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ETFIQ, FTEC against IXN, data as of Oct 28, 2026. https://etfiq.com/compare/any/ftec-vs-ixn

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