Data as of Oct 28, 2026.

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FTEC vs REMX: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FTEC returned +25.0% to REMX's −19.2%, and FTEC charges 0.08% to REMX's 0.53%.

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Net assets: $22.1bn on Sep 30, 2026 for Fidelity MSCI Information Technology Index ETF, and $1.5bn on Oct 27, 2026 for VanEck Rare Earth and Strategic Metals ETF.

At a glance
+25.0%
FTEC total return, 1 year
−19.2%
REMX total return, 1 year
0.08%
FTEC expense ratio
0.53%
REMX expense ratio

Pair scorecard

FTEC costs 0.45 points a year less; their one-year returns differ by 44.2 points.

FTEC vs REMX: Differences, Returns & Fees
MeasureFTECREMX
Return
Total return, 1 year+25.0%−19.2%
Drawdown
Below its high4.9%, high on Oct 6, 2026
Below its all-time high75.1%, high on Apr 11, 2011
Against its benchmark
What it tracksMSCI USA IMI Information Technology 25/50 IndexRare earth and critical materials
Against its benchmark, 1 yearbehind by 32.6 pts
Cost and size
Expense ratio0.08%0.53%
Net assets, FTEC as of Sep 30, 2026 and REMX as of Oct 27, 2026$22.1bn$1.5bn
Active share vs the S&P 500100%
Holdings
Holdings in common0%
Top ten holdings, share of the fund62.2%61%

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 REMX
Return
Total return edge FTEC +1,178.5% −37.3%
Annualized edge FTEC +21.6% −3.5%
Price return edge FTEC +1,031.1% −56.8%
Risk
Volatility edge FTEC 21.3% 35.7%
Max drawdown edge FTEC −34.1% −71.9%
Downside capture 100.0% 133.0%
Beta 1.00 1.43
Risk-adjusted
Sharpe edge FTEC 0.94 0.02
Sortino edge FTEC 1.41 0.03
Treynor 0.199 −0.018
Calmar edge FTEC 0.63 −0.05
Against the benchmark
Alpha −0.1% a year −15.8% a year
Alpha t-stat −0.70 −2.33
Information ratio −0.19 −0.42
Tracking error 0.7% 27.8%

Each against its own benchmark: FTEC against VGT, Nov 1, 2013 to Oct 23, 2026; REMX against ACWI, Nov 5, 2010 to Oct 23, 2026.

Reading

FTEC returned more: +1,178.5% to −37.3%. FTEC swung less: 21.3% to 35.7%. FTEC fell less at its worst: −34.1% to −71.9%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: FTEC vs REMX: Differences, Returns & Fees
MeasureFTECREMXEdgeHow it is measured
Return
Total return+1,178.5%−37.3%FTECPrice change plus distributions, reinvested.
Annualized+21.6%−3.5%FTECTotal return as a yearly rate.
Price return+1,031.1%−56.8%FTECPrice change alone, distributions left out.
Risk
Volatility21.3%35.7%FTECSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.1%24.4%FTECLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.1%−71.9%FTECDeepest fall from a high to the low after it.
Upside capture99.7%129.3%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.0%133.0%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.001.43Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.000.42Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.940.02FTECReturn above Treasury bills per unit of volatility.
Sortino1.410.03FTECReturn above Treasury bills per unit of downside deviation.
Treynor0.199−0.018Return above Treasury bills per unit of beta.
Calmar0.63−0.05FTECAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVGTACWIThe ETF each fund is measured against.
Alpha−0.1% a year−15.8% a yearFTEC not significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.70−2.33Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.5% to +0.2%−29.0% to −2.5%FTEC includes zeroThe 95% range for the yearly alpha.
Information ratio−0.19−0.42Return against its benchmark per unit of tracking error.
Tracking error0.7%27.8%Not an edgeHow far weekly returns stray from the benchmark, annualized.

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

0%

By the books each fund has filed, FTEC and REMX hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FTEC REMX
Only in one fund ↓
Only in FTEC
NVIDIA Corp 17.09%
Apple Inc 16.21%
Microsoft Corp 10.93%
Broadcom Inc 4.20%
Micron Technology Inc 3.82%
Advanced Micro Devices Inc 3.18%
Cisco Systems Inc 1.92%
Applied Materials Inc 1.69%
Only in REMX
Sociedad Quimica Y Minera De Chile Sa 9.02%
Albemarle Corp 8.87%
China Northern Rare Earth Group High-Te 7.12%
Mp Materials Corp 6.90%
Lynas Rare Earths Ltd 6.35%
Pilbara Minerals Ltd 5.55%
Jinduicheng Molybdenum Co Ltd 5.04%
Xiamen Tungsten Co Ltd 4.46%
Check overlap with more funds →

Side by side

FTEC Fidelity MSCI Information Technology Index ETF REMX VanEck Rare Earth and Strategic Metals ETF
Where it sits Stock ETF Thematic ETF
What it is Tracks the MSCI Information Technology Rare earth and critical materials
Total return, 1 year +25.0% −19.2%
Its benchmark over the same days +24.7% (VGT) +13.4% (ACWI)
Gap to its benchmark +0.3 pts vs VGT −32.6 pts vs ACWI
Expense ratio 0.08% 0.53%
Already in the S&P 500 87.8% 8.6%
Holdings 281 32
Net assets, FTEC as of Sep 30, 2026 and REMX as of Oct 27, 2026 $22.1bn $1.5bn

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

Client brief · page 1 of 2 Report BR-2911ECAF8B

FTEC and REMX do different jobs. What does each one do in a portfolio?

  1. What each follows. FTEC follows MSCI USA IMI Information Technology 25/50 Index and REMX follows Rare earth and critical materials.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 FTEC returned +25.0% and REMX −19.2% with distributions reinvested, a gap of 44.2 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.

REMX

By weight, 9% of REMX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 61% of the fund across 32 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned −19.2% with distributions reinvested against +13.4% for its benchmark, the MSCI ACWI Index, so a holder was behind by 32.6 pts. It sits 75.1% below its all-time high of Apr 11, 2011.

Questions people ask

Are FTEC and REMX in the same category?
FTEC is a stock ETF and REMX is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, FTEC or REMX?
In the year to Oct 28, 2026, with distributions reinvested, FTEC returned +25.0% and REMX −19.2%.
Which is cheaper, FTEC or REMX?
FTEC is cheaper, by 0.45 percentage points a year. That is about $45 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FTEC and REMX overlap with the S&P 500?
By their latest filed holdings, 88% of FTEC and 9% of REMX by weight is stocks the S&P 500 already holds.
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ETFIQ, FTEC against REMX, data as of Oct 28, 2026. https://etfiq.com/compare/any/ftec-vs-remx

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