Data as of Oct 28, 2026.

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FTEC vs VOO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FTEC returned +25.0% to VOO's +13.7%; 40% 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 $1.0tn for Vanguard S&P 500 ETF.

At a glance
+25.0%
FTEC total return, 1 year
+13.7%
VOO total return, 1 year
0.08%
FTEC expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.05 points a year less; their one-year returns differ by 11.3 points; VOO is far larger, $1.0tn against $22.1bn.

FTEC vs VOO: Differences, Returns & Fees
MeasureFTECVOO
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%0.03%
Net assets, as of Sep 30, 2026$22.1bn$1.0tn
Holdings
Holdings in common40%
Top ten holdings, share of the fund62.2%39.1%

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 returns
FTEC VOO
Return
Total return edge FTEC +1,178.5% +441.3%
Annualized edge FTEC +21.6% +13.9%
Price return edge FTEC +1,031.1% +333.0%
Risk
Volatility edge VOO 21.3% 16.1%
Max drawdown edge VOO (slight) −34.1% −31.8%
Downside capture 100.0% 99.9%
Beta 1.00 1.00
Risk-adjusted
Sharpe edge FTEC 0.94 0.77
Sortino edge FTEC 1.41 1.10
Treynor 0.199 0.134
Calmar edge FTEC 0.63 0.44
Against the benchmark
Alpha −0.1% a year 0.0% a year
Alpha t-stat −0.70 0.51
Information ratio −0.19 0.02
Tracking error 0.7% 0.4%

Each against its own benchmark: FTEC against VGT, Nov 1, 2013 to Oct 23, 2026; VOO against IVV, Sep 17, 2010 to Oct 23, 2026.

Reading

FTEC returned more: +1,178.5% to +441.3%. VOO swung less: 16.1% to 21.3%. VOO 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 VOO: Differences, Returns & Fees
MeasureFTECVOOEdgeHow it is measured
Return
Total return+1,178.5%+441.3%FTECPrice change plus distributions, reinvested.
Annualized+21.6%+13.9%FTECTotal return as a yearly rate.
Price return+1,031.1%+333.0%FTECPrice change alone, distributions left out.
Risk
Volatility21.3%16.1%VOOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.1%11.2%VOOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.1%−31.8%VOO (slight)Deepest fall from a high to the low after it.
Upside capture99.7%99.8%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.0%99.9%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.001.00Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.001.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.940.77FTECReturn above Treasury bills per unit of volatility.
Sortino1.411.10FTECReturn above Treasury bills per unit of downside deviation.
Treynor0.1990.134Return above Treasury bills per unit of beta.
Calmar0.630.44FTECAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVGTIVVThe ETF each fund is measured against.
Alpha−0.1% a year0.0% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.700.51Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.5% to +0.2%−0.1% to +0.2%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.190.02Return against its benchmark per unit of tracking error.
Tracking error0.7%0.4%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

40%

By the books each fund has filed, FTEC and VOO hold 40% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Sep 30, 2026.

0 half 100%

half

40% in common

Positions both hold · largest shared weight first FTEC VOO
NVIDIA Corp 17.09% 8.40%
Apple Inc 16.21% 7.39%
Microsoft Corp 10.93% 5.79%
Broadcom Inc 4.20% 2.54%
Micron Technology Inc 3.82% 1.83%
Advanced Micro Devices Inc 3.18% 1.52%
Intel Corp 1.65% 0.91%
Palantir Technologies Inc 1.13% 0.65%
Cisco Systems Inc 1.92% 0.65%
Lam Research Corp 1.54% 0.62%
Applied Materials Inc 1.69% 0.62%
Palo Alto Networks Inc 1.17% 0.49%
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%
Twilio Inc 0.17%
MongoDB Inc 0.16%
Zoom Communications Inc 0.15%
Only in VOO
Amazon.com Inc 3.72%
Alphabet Inc 3.07%
Alphabet Inc 2.46%
Meta Platforms Inc 2.43%
Tesla Inc 1.52%
Berkshire Hathaway Inc 1.41%
Eli Lilly & Co 1.41%
JPMorgan Chase & Co 1.34%
Check overlap with more funds →

Side by side

FTEC Fidelity MSCI Information Technology Index ETF VOO Vanguard 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% 0.03%
Already in the S&P 500 87.8% 99.7%
Holdings 281 507
Net assets, as of Sep 30, 2026 $22.1bn $1.0tn

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

Client brief · page 1 of 2 Report BR-EF6BB8ED40

FTEC and VOO 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 VOO follows S&P 500 Index.
  2. Holdings in common. 40% of the weight is in the same securities (holdings dated Jul 31, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 FTEC returned +25.0% and VOO +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.

VOO

VOO 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 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Which returned more over the last year, FTEC or VOO?
In the year to Oct 28, 2026, with distributions reinvested, FTEC returned +25.0% and VOO +13.7%.
Which is cheaper, FTEC or VOO?
VOO is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FTEC and VOO overlap with the S&P 500?
By their latest filed holdings, 88% of FTEC and 100% of VOO by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, FTEC against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/ftec-vs-voo

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