Data as of Oct 28, 2026.
FTEC vs MGK: Differences, Returns & Fees
Over the year to Oct 28, 2026, FTEC returned +25.0% to MGK's +7.8%; 60% of their weight is in the same names.
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Net assets on Sep 30, 2026: $22.1bn for Fidelity MSCI Information Technology Index ETF and $34.9bn for Vanguard Morningstar Mega Cap Growth ETF.
Pair scorecard
MGK costs 0.03 points a year less; their one-year returns differ by 17.2 points; MGK is 1.6 times larger.
| Measure | FTEC | MGK |
|---|---|---|
| Return | ||
| Total return, 1 year | +25.0% | +7.8% |
| Drawdown | ||
| Below its high | 4.9%, high on Oct 6, 2026 | 4.4%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | MSCI USA IMI Information Technology 25/50 Index | Morningstar US Mega Cap Growth Index |
| Cost and size | ||
| Expense ratio | 0.08% | 0.05% |
| Net assets, as of Sep 30, 2026 | $22.1bn | $34.9bn |
| Holdings | ||
| Holdings in common | 60% | |
| Top ten holdings, share of the fund | 62.2% | 64.5% |
Holdings in common uses holdings dated Jul 31, 2026 and Sep 30, 2026. Method
Risk and return
Nov 1, 2013 to Oct 23, 2026 · 677 weekly returnsFTEC returned more: +1,178.5% to +624.6%. MGK swung less: 19.0% to 21.3%. FTEC fell slightly less at its worst: −34.1% to −35.2%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FTEC | MGK | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +1,178.5% | +624.6% | FTEC | Price change plus distributions, reinvested. |
| Annualized | +21.6% | +16.4% | FTEC | Total return as a yearly rate. |
| Price return | +1,031.1% | +545.6% | FTEC | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 21.3% | 19.0% | MGK | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 14.1% | 12.7% | MGK (slight) | Like 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 | ||||
| Sharpe | 0.94 | 0.79 | FTEC | Return above Treasury bills per unit of volatility. |
| Sortino | 1.41 | 1.18 | FTEC | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.63 | 0.47 | FTEC | 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
By the books each fund has filed, FTEC and MGK hold 60% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Sep 30, 2026.
half
60% in common
Only in one fund ↓
Side by side
FTEC and MGK on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FTEC and MGK 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 MGK follows Morningstar US Mega Cap Growth Index.
- One-year total return. Over 1 year to Oct 28, 2026 FTEC returned +25.0% and MGK +7.8% with distributions reinvested, a gap of 17.2 points.
- Number of holdings. FTEC holds 281 positions and MGK holds 54.
Data as of Oct 28, 2026.
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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.
MGK
MGK tracks an index of Mega Cap Growth. Over the year to Oct 28, 2026 it returned +7.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 54 positions, with the top ten at 64.5%. It sat 4.4% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, FTEC or MGK?
- In the year to Oct 28, 2026, with distributions reinvested, FTEC returned +25.0% and MGK +7.8%.
- Which is cheaper, FTEC or MGK?
- MGK is cheaper, by 0.03 percentage points a year. That is about $3 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.
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ETFIQ, FTEC against MGK, data as of Oct 28, 2026. https://etfiq.com/compare/any/ftec-vs-mgk
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