Data as of Oct 28, 2026.
FTEC vs MAGS: Differences, Returns & Fees
Over the year to Oct 28, 2026, FTEC returned +25.0% to MAGS's +5.8%; 10% of their weight is in the same names.
askIQ about this page
askIQ about FTEC and MAGS
Net assets: $22.1bn on Sep 30, 2026 for Fidelity MSCI Information Technology Index ETF, and $5.5bn on Oct 28, 2026 for Roundhill Magnificent Seven ETF.
Pair scorecard
FTEC costs 0.22 points a year less; their one-year returns differ by 19.2 points.
| Measure | FTEC | MAGS |
|---|---|---|
| Return | ||
| Total return, 1 year | +25.0% | +5.8% |
| Drawdown | ||
| Below its high | 4.9%, high on Oct 6, 2026 | 4.1%, high on Oct 13, 2026 |
| Benchmark | ||
| What it tracks | MSCI USA IMI Information Technology 25/50 Index | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.08% | 0.30% |
| Net assets, FTEC as of Sep 30, 2026 and MAGS as of Oct 28, 2026 | $22.1bn | $5.5bn |
| Holdings | ||
| Holdings in common | 10% | |
| Top ten holdings, share of the fund | 62.2% | 29.3% |
Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method
Risk and return
Apr 21, 2023 to Oct 23, 2026 · 183 weekly returnsMAGS returned more: +189.1% to +159.5%. FTEC swung slightly less: 22.9% to 24.0%. FTEC fell slightly less at its worst: −25.5% to −26.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FTEC | MAGS | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +159.5% | +189.1% | MAGS | Price change plus distributions, reinvested. |
| Annualized | +31.1% | +35.2% | MAGS | Total return as a yearly rate. |
| Price return | +154.4% | +181.4% | MAGS | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 22.9% | 24.0% | FTEC (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 14.5% | 14.5% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −25.5% | −26.6% | FTEC (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 1.10 | 1.19 | MAGS (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.73 | 1.97 | MAGS | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.22 | 1.33 | MAGS (slight) | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 183 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FTEC and MAGS hold 10% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
10% in common
Only in one fund ↓
Side by side
FTEC and MAGS on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FTEC and MAGS do different jobs. What does each one do in a portfolio?
- What each follows. FTEC follows MSCI USA IMI Information Technology 25/50 Index and MAGS follows No index, actively managed.
- Holdings in common. 10% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 FTEC returned +25.0% and MAGS +5.8% with distributions reinvested, a gap of 19.2 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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.
MAGS
MAGS is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +5.8% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 8 positions, with the top ten at 29.3%. It sat 4.1% below its high of Oct 13, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, FTEC or MAGS?
- In the year to Oct 28, 2026, with distributions reinvested, FTEC returned +25.0% and MAGS +5.8%.
- Which is cheaper, FTEC or MAGS?
- FTEC is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, FTEC against MAGS, data as of Oct 28, 2026. https://etfiq.com/compare/any/ftec-vs-mags
ETFIQ. (Oct 28, 2026). FTEC against MAGS. Retrieved from https://etfiq.com/compare/any/ftec-vs-mags
[FTEC against MAGS (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ftec-vs-mags)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.