Data as of Oct 28, 2026.

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FTEC vs RSP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FTEC returned +25.0% to RSP's +16.0%; 13% 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 $99.8bn on Oct 27, 2026 for Invesco S&P 500 Equal Weight ETF.

At a glance
+25.0%
FTEC total return, 1 year
+16.0%
RSP total return, 1 year
0.08%
FTEC expense ratio
0.20%
RSP expense ratio

Pair scorecard

FTEC costs 0.12 points a year less; their one-year returns differ by 9.0 points.

FTEC vs RSP: Differences, Returns & Fees
MeasureFTECRSP
Return
Total return, 1 year+25.0%+16.0%
Drawdown
Below its high4.9%, high on Oct 6, 2026
Benchmark
What it tracksMSCI USA IMI Information Technology 25/50 IndexS&P 500 Equal Weight Index
Cost and size
Expense ratio0.08%0.20%
Net assets, FTEC as of Sep 30, 2026 and RSP as of Oct 27, 2026$22.1bn$99.8bn
Holdings
Holdings in common13%
Top ten holdings, share of the fund62.2%2.7%

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 RSP
Return
Total return edge FTEC +1,178.5% +294.6%
Annualized edge FTEC +21.6% +11.1%
Price return edge FTEC +1,031.1% +217.5%
Risk
Volatility edge RSP 21.3% 17.1%
Max drawdown edge FTEC (slight) −34.1% −36.7%
Downside capture 100.0% 102.9%
Beta 1.00 1.07
Risk-adjusted
Sharpe edge FTEC 0.94 0.59
Sortino edge FTEC 1.41 0.84
Treynor 0.199 0.098
Calmar edge FTEC 0.63 0.30
Against the benchmark
Alpha −0.1% a year −0.6% a year
Alpha t-stat −0.70 −0.57
Information ratio −0.19 0.02
Tracking error 0.7% 5.4%

Each against its own benchmark: FTEC against VGT, Nov 1, 2013 to Oct 23, 2026; RSP against IVV, May 9, 2003 to Oct 23, 2026.

Reading

FTEC returned more: +1,178.5% to +294.6%. RSP swung less: 17.1% to 21.3%. FTEC fell slightly less at its worst: −34.1% to −36.7%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: FTEC vs RSP: Differences, Returns & Fees
MeasureFTECRSPEdgeHow it is measured
Return
Total return+1,178.5%+294.6%FTECPrice change plus distributions, reinvested.
Annualized+21.6%+11.1%FTECTotal return as a yearly rate.
Price return+1,031.1%+217.5%FTECPrice change alone, distributions left out.
Risk
Volatility21.3%17.1%RSPSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.1%12.0%RSPLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.1%−36.7%FTEC (slight)Deepest fall from a high to the low after it.
Upside capture99.7%104.7%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.0%102.9%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.001.07Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.000.92Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.940.59FTECReturn above Treasury bills per unit of volatility.
Sortino1.410.84FTECReturn above Treasury bills per unit of downside deviation.
Treynor0.1990.098Return above Treasury bills per unit of beta.
Calmar0.630.30FTECAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVGTIVVThe ETF each fund is measured against.
Alpha−0.1% a year−0.6% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.70−0.57Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.5% to +0.2%−2.8% to +1.5%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.190.02Return against its benchmark per unit of tracking error.
Tracking error0.7%5.4%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

13%

By the books each fund has filed, FTEC and RSP hold 13% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

13% in common

Positions both hold · largest shared weight first FTEC RSP
Accenture PLC 0.45% 0.27%
Crowdstrike Holdings Inc 0.83% 0.25%
Datadog Inc 0.41% 0.24%
Cadence Design Systems Inc 0.42% 0.24%
Synopsys Inc 0.33% 0.24%
Palo Alto Networks Inc 1.17% 0.24%
ServiceNow Inc 0.49% 0.23%
Texas Instruments Inc 1.07% 0.23%
Autodesk Inc 0.25% 0.23%
Fortinet Inc 0.48% 0.23%
Palantir Technologies Inc 1.13% 0.23%
Analog Devices Inc 0.78% 0.23%
Only in one fund ↓
Only in FTEC
Snowflake Inc 0.46%
Cloudflare Inc 0.42%
Astera Labs Inc 0.24%
Credo Technology Group Holding Ltd 0.20%
Okta Inc 0.19%
MongoDB Inc 0.16%
Zoom Communications Inc 0.15%
MKS Inc 0.14%
Only in RSP
Moderna Inc 0.30%
Illumina Inc 0.27%
Hasbro Inc 0.26%
Mettler-Toledo International Inc 0.26%
Revvity Inc 0.26%
Charles River Laboratories International Inc 0.25%
Intuitive Surgical Inc 0.25%
Agilent Technologies Inc 0.24%
Check overlap with more funds →

Side by side

FTEC Fidelity MSCI Information Technology Index ETF RSP Invesco S&P 500 Equal Weight ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Information Technology Tracks the S&P 500 equal weight
Total return, 1 year +25.0% +16.0%
Its benchmark over the same days +24.7% (VGT) +13.7% (IVV)
Gap to its benchmark +0.3 pts vs VGT +2.3 pts vs IVV
Expense ratio 0.08% 0.20%
Already in the S&P 500 87.8% 99.8%
Holdings 281 508
Net assets, FTEC as of Sep 30, 2026 and RSP as of Oct 27, 2026 $22.1bn $99.8bn

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

Client brief · page 1 of 2 Report BR-00476F8A67

FTEC and RSP 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 RSP follows S&P 500 Equal Weight Index.
  2. Holdings in common. 13% 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 RSP +16.0% with distributions reinvested, a gap of 9.0 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.

RSP

RSP tracks the S&P 500 equal weight. Over the year to Oct 28, 2026 it returned +16.0% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 508 positions, with the top ten at 2.7%.

Questions people ask

Which returned more over the last year, FTEC or RSP?
In the year to Oct 28, 2026, with distributions reinvested, FTEC returned +25.0% and RSP +16.0%.
Which is cheaper, FTEC or RSP?
FTEC is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FTEC and RSP overlap with the S&P 500?
By their latest filed holdings, 88% of FTEC and 100% of RSP by weight is stocks the S&P 500 already holds.
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ETFIQ, FTEC against RSP, data as of Oct 28, 2026. https://etfiq.com/compare/any/ftec-vs-rsp

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