Data as of Oct 28, 2026.

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FTEC vs SPYM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FTEC returned +25.0% to SPYM's +13.7%; 38% 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 $185.0bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 ETF.

At a glance
+25.0%
FTEC total return, 1 year
+13.7%
SPYM total return, 1 year
0.08%
FTEC expense ratio
0.02%
SPYM expense ratio

Pair scorecard

SPYM costs 0.06 points a year less; their one-year returns differ by 11.3 points; SPYM is 7.9 times larger.

FTEC vs SPYM: Differences, Returns & Fees
MeasureFTECSPYM
Return
Total return, 1 year+25.0%+13.7%
Drawdown
Below its high4.9%, high on Oct 6, 2026
Benchmark
What it tracksMSCI USA IMI Information Technology 25/50 IndexS&P 500 Index
Cost and size
Expense ratio0.08%0.02%
Net assets, as of Sep 30, 2026$22.1bn$173.6bn
Holdings
Holdings in common38%
Top ten holdings, share of the fund62.2%38.1%

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 SPYM
Return
Total return edge FTEC +1,178.5% +436.9%
Annualized edge FTEC +21.6% +13.8%
Price return edge FTEC +1,031.1% +330.2%
Risk
Volatility edge SPYM 21.3% 16.1%
Max drawdown edge SPYM (slight) −34.1% −31.8%
Downside capture 100.0% 96.9%
Beta 1.00 0.96
Risk-adjusted
Sharpe edge FTEC 0.94 0.76
Sortino edge FTEC 1.41 1.10
Treynor 0.199 0.106
Calmar edge FTEC 0.63 0.43
Against the benchmark
Alpha −0.1% a year +0.4% a year
Alpha t-stat −0.70 0.53
Information ratio −0.19 0.00
Tracking error 0.7% 3.8%

Each against its own benchmark: FTEC against VGT, Nov 1, 2013 to Oct 23, 2026; SPYM against IVV, Nov 25, 2005 to Oct 23, 2026.

Reading

FTEC returned more: +1,178.5% to +436.9%. SPYM swung less: 16.1% to 21.3%. SPYM fell slightly less at its worst: −31.8% to −34.1%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: FTEC vs SPYM: Differences, Returns & Fees
MeasureFTECSPYMEdgeHow it is measured
Return
Total return+1,178.5%+436.9%FTECPrice change plus distributions, reinvested.
Annualized+21.6%+13.8%FTECTotal return as a yearly rate.
Price return+1,031.1%+330.2%FTECPrice change alone, distributions left out.
Risk
Volatility21.3%16.1%SPYMSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.1%11.1%SPYMLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.1%−31.8%SPYM (slight)Deepest fall from a high to the low after it.
Upside capture99.7%94.1%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.0%96.9%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.000.96Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.000.95Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.940.76FTECReturn above Treasury bills per unit of volatility.
Sortino1.411.10FTECReturn above Treasury bills per unit of downside deviation.
Treynor0.1990.106Return above Treasury bills per unit of beta.
Calmar0.630.43FTECAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVGTIVVThe 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−0.700.53Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.5% to +0.2%−1.2% to +2.0%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.190.00Return against its benchmark per unit of tracking error.
Tracking error0.7%3.8%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

38%

By the books each fund has filed, FTEC and SPYM hold 38% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

38% in common

Positions both hold · largest shared weight first FTEC SPYM
NVIDIA Corp 17.09% 7.92%
Apple Inc 16.21% 7.61%
Microsoft Corp 10.93% 5.92%
Broadcom Inc 4.20% 2.44%
Micron Technology Inc 3.82% 1.57%
Advanced Micro Devices Inc 3.18% 1.37%
Intel Corp 1.65% 0.70%
Palantir Technologies Inc 1.13% 0.69%
Cisco Systems Inc 1.92% 0.66%
Palo Alto Networks Inc 1.17% 0.49%
Applied Materials Inc 1.69% 0.47%
Lam Research Corp 1.54% 0.45%
Only in one fund ↓
Only in FTEC
International Business Machines Corp 0.88%
Snowflake Inc 0.46%
Cadence Design Systems Inc 0.42%
Cloudflare Inc 0.42%
Keysight Technologies Inc 0.27%
Astera Labs Inc 0.24%
Credo Technology Group Holding Ltd 0.20%
Okta Inc 0.19%
Only in SPYM
AMAZON.COM INC 3.73%
ALPHABET INC CL A 2.83%
ALPHABET INC CL C 2.26%
META PLATFORMS INC CLASS A 2.05%
TESLA INC 1.72%
ELI LILLY + CO 1.54%
BERKSHIRE HATHAWAY INC CL B 1.52%
JPMORGAN CHASE + CO 1.34%
Check overlap with more funds →

Side by side

FTEC Fidelity MSCI Information Technology Index ETF SPYM State Street SPDR Portfolio S&P 500 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Information Technology Tracks the S&P 500
Total return, 1 year +25.0% +13.7%
Its benchmark over the same days +24.7% (VGT) +13.7% (IVV)
Gap to its benchmark +0.3 pts vs VGT 0.0 pts vs IVV
Expense ratio 0.08% 0.02%
Already in the S&P 500 87.8% 99.8%
Holdings 281 506
Net assets, FTEC as of Sep 30, 2026 and SPYM as of Oct 27, 2026 $22.1bn $185.0bn
Former ticker none SPLG

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

Client brief · page 1 of 2 Report BR-CB1F294798

FTEC and SPYM 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 SPYM follows S&P 500 Index.
  2. Holdings in common. 38% 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 SPYM +13.7% with distributions reinvested, a gap of 11.3 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.

SPYM

SPYM tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.02% 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 506 positions, with the top ten at 38.1%.

Questions people ask

Which returned more over the last year, FTEC or SPYM?
In the year to Oct 28, 2026, with distributions reinvested, FTEC returned +25.0% and SPYM +13.7%.
Which is cheaper, FTEC or SPYM?
SPYM is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FTEC and SPYM overlap with the S&P 500?
By their latest filed holdings, 88% of FTEC and 100% of SPYM by weight is stocks the S&P 500 already holds.
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ETFIQ, FTEC against SPYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/ftec-vs-spym

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