Data as of Oct 28, 2026.

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FTEC vs SPSB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FTEC returned +25.0% to SPSB's +2.2%; 0% 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 $11.3bn on Oct 27, 2026 for State Street SPDR Portfolio Short Term Corporate Bond ETF.

At a glance
+25.0%
FTEC total return, 1 year
+2.2%
SPSB total return, 1 year
0.08%
FTEC expense ratio
0.04%
SPSB expense ratio

Pair scorecard

SPSB costs 0.04 points a year less; their one-year returns differ by 22.8 points; FTEC is 2.0 times larger.

FTEC vs SPSB: Differences, Returns & Fees
MeasureFTECSPSB
Return
Total return, 1 year+25.0%+2.2%
Drawdown
Below its high4.9%, high on Oct 6, 2026
Benchmark
What it tracksMSCI USA IMI Information Technology 25/50 IndexBloomberg U.S. 1-3 Year Corporate Bond Index
Cost and size
Expense ratio0.08%0.04%
Net assets, as of Sep 30, 2026$22.1bn$11.1bn
Holdings
Holdings in common0%
In the S&P 500, by weight88%
Top ten holdings, share of the fund62.2%

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 SPSB
Return
Total return edge FTEC +1,178.5% +35.1%
Annualized edge FTEC +21.6% +2.3%
Price return edge FTEC +1,031.1% −3.4%
Risk
Volatility edge SPSB 21.3% 3.3%
Max drawdown edge SPSB −34.1% −9.9%
Downside capture 100.0% 20.4%
Beta 1.00 0.39
Risk-adjusted
Sharpe edge FTEC 0.94 0.12
Sortino edge FTEC 1.41 0.17
Treynor 0.199 0.020
Calmar edge FTEC 0.63 0.24
Against the benchmark
Alpha −0.1% a year +0.4% a year
Alpha t-stat −0.70 0.78
Information ratio −0.19 −0.03
Tracking error 0.7% 3.6%

Each against its own benchmark: FTEC against VGT, Nov 1, 2013 to Oct 23, 2026; SPSB against AGG, Dec 24, 2009 to Oct 23, 2026.

Reading

FTEC returned more: +1,178.5% to +35.1%. SPSB swung less: 3.3% to 21.3%. SPSB fell less at its worst: −9.9% to −34.1%.

Full scorecard

19 measures, with how each is measured
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Risk and return: FTEC vs SPSB: Differences, Returns & Fees
MeasureFTECSPSBEdgeHow it is measured
Return
Total return+1,178.5%+35.1%FTECPrice change plus distributions, reinvested.
Annualized+21.6%+2.3%FTECTotal return as a yearly rate.
Price return+1,031.1%−3.4%FTECPrice change alone, distributions left out.
Risk
Volatility21.3%3.3%SPSBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.1%2.3%SPSBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.1%−9.9%SPSBDeepest fall from a high to the low after it.
Upside capture99.7%30.3%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.0%20.4%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.000.39Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.000.36Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.940.12FTECReturn above Treasury bills per unit of volatility.
Sortino1.410.17FTECReturn above Treasury bills per unit of downside deviation.
Treynor0.1990.020Return above Treasury bills per unit of beta.
Calmar0.630.24FTECAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVGTAGGThe ETF each fund is measured against.
Alpha−0.1% a year+0.4% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.700.78Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.5% to +0.2%−0.7% to +1.6%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.19−0.03Return against its benchmark per unit of tracking error.
Tracking error0.7%3.6%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 SPSB 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 SPSB
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 SPSB
SALESFORCE INC SR UNSECURED 03/29 4.65 0.66%
AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/28 3 0.47%
PFIZER INVESTMENT ENTER COMPANY GUAR 05/28 4.45 0.45%
AMAZON.COM INC SR UNSECURED 03/29 4 0.45%
BANK OF AMERICA CORP SR UNSECURED 12/28 VAR 0.45%
NVIDIA CORP SR UNSECURED 06/29 4.35 0.43%
GOLDMAN SACHS GROUP INC SR UNSECURED 05/29 VAR 0.38%
ORACLE CORP SR UNSECURED 02/29 4.55 0.37%
Check overlap with more funds →

Side by side

FTEC Fidelity MSCI Information Technology Index ETF SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the MSCI Information Technology Tracks an index of Short Term Corporate Bond
Total return, 1 year +25.0% +2.2%
Its benchmark over the same days +24.7% (VGT) −1.4% (AGG)
Gap to its benchmark +0.3 pts vs VGT +3.6 pts vs AGG
Expense ratio 0.08% 0.04%
Holdings 281 1684
Net assets, FTEC as of Sep 30, 2026 and SPSB as of Oct 27, 2026 $22.1bn $11.3bn

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

Client brief · page 1 of 2 Report BR-277FCF2DB0

FTEC and SPSB 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 SPSB follows Bloomberg U.S. 1-3 Year Corporate Bond Index.
  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 SPSB +2.2% with distributions reinvested, a gap of 22.8 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.

SPSB

SPSB tracks an index of Short Term Corporate Bond. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% a year.

Questions people ask

Which returned more over the last year, FTEC or SPSB?
In the year to Oct 28, 2026, with distributions reinvested, FTEC returned +25.0% and SPSB +2.2%.
Which is cheaper, FTEC or SPSB?
SPSB is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, FTEC against SPSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/ftec-vs-spsb

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