FTEC - ETF AI Analysis
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Fidelity MSCI Information Technology Index ETF (FTEC)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month and solid results year-to-date, indicating positive recent momentum.
Leading Semiconductor Exposure
Several top holdings in chip and semiconductor-related companies have delivered strong performance, helping drive the fund’s returns.
Low Expense Ratio
The fund charges a relatively low fee, so less of your investment return is eaten up by costs over time.
Negative Factors
High Concentration in a Few Stocks
A large share of the portfolio is tied up in a small number of big names like Nvidia, Apple, and Microsoft, increasing the impact if any of them struggle.
Sector Concentration in Technology
Almost all of the fund is invested in technology, so it could be hit hard if the tech sector goes through a downturn.
Mixed Performance Among Top Holdings
While some major positions have done well, others like Apple, Microsoft, and Palantir have shown weaker performance, which can drag on overall returns.
FTEC vs. SPDR S&P 500 ETF (SPY)
AUM19.65B
RegionNorth America
Expense Ratio0.08%
Beta1.49
IssuerFidelity
Inception DateOct 21, 2013
Dividend Yield0.34%
Asset ClassEquity
Index TrackedMSCI USA IMI Information Technology 25/50 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume497,051
30 Day Avg. Volume433,506
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
358.76Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering285
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FTEC Summary
FTEC is the Fidelity MSCI Information Technology Index ETF, which follows the MSCI USA IMI Information Technology 25/50 Index. It focuses on U.S. tech companies across areas like software, hardware, chips, and IT services. Big names in the fund include Nvidia and Apple, along with many other well-known technology leaders. Someone might invest in FTEC if they want simple, one-stop exposure to the potential long-term growth of the technology sector instead of picking individual tech stocks. A key risk is that it is heavily concentrated in tech, so its price can swing sharply and may fall more than the overall market when tech stocks struggle.
How much will it cost me?The Fidelity MSCI Information Technology Index ETF (FTEC) has an expense ratio of 0.084%, meaning you’ll pay $0.84 per year for every $1,000 invested. This is lower than average because it’s a passively managed fund that tracks an index, which typically costs less than actively managed funds.
What would affect this ETF?FTEC's strong focus on the U.S. technology sector positions it to benefit from ongoing innovation in areas like artificial intelligence, cloud computing, and semiconductor advancements, especially given its top holdings in companies like Nvidia, Apple, and Microsoft. However, the ETF could face challenges from rising interest rates, which often pressure growth-oriented sectors like technology, and regulatory scrutiny targeting big tech companies. Broader economic conditions, such as a potential slowdown in consumer spending or geopolitical tensions, could also impact its performance.
FTEC Top 10 Holdings
FTEC is riding a powerful U.S. tech wave, with the story largely written by a handful of giants and chip leaders. Nvidia and Apple are doing most of the heavy lifting, with both stocks rising and helping pull the fund higher. Microsoft, while a core pillar, has been more mixed lately and isn’t providing the same boost. The real fireworks are in semiconductors: Micron, AMD, and Intel have been surging, giving the ETF a strong AI-and-chips flavor and leaving it heavily concentrated in U.S. technology rather than a global or sector-diversified mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 17.45% | $3.51B | $4.85T | 38.22% | 76 Outperform | |
| Apple | 15.00% | $3.01B | $4.28T | 46.38% | 79 Outperform | |
| Microsoft | 9.33% | $1.88B | $2.95T | -17.02% | 79 Outperform | |
| Micron | 4.27% | $858.83M | $1.01T | 667.67% | 79 Outperform | |
| Broadcom | 4.16% | $835.55M | $1.77T | 50.57% | 76 Outperform | |
| Advanced Micro Devices | 3.13% | $628.30M | $737.68B | 312.19% | 73 Outperform | |
| Cisco Systems | 1.95% | $392.72M | $468.24B | 82.49% | 77 Outperform | |
| Intel | 1.95% | $390.97M | $537.98B | 415.36% | 64 Neutral | |
| Lam Research | 1.69% | $340.36M | $402.43B | 251.08% | 77 Outperform | |
| Applied Materials | 1.64% | $328.89M | $394.61B | 184.00% | 77 Outperform |
FTEC Technical Analysis
Positive
―
Price Trends
258.19
Positive
237.95
Positive
230.54
Positive
Market Momentum
5.36
Positive
54.11
Neutral
30.24
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FTEC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 280.14, equal to the 50-day MA of 258.19, and equal to the 200-day MA of 230.54, indicating a neutral trend. The MACD of 5.36 indicates Positive momentum. The RSI at 54.11 is Neutral, neither overbought nor oversold. The STOCH value of 30.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FTEC.
FTEC Peer Comparison
Comparison Results
Performance Comparison
FTEC
Fidelity MSCI Information Technology Index ETF
278.92
91.13
48.53%
VGT
Vanguard Information Technology ETF
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XLK
Technology Select Sector SPDR Fund
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―
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XLF
Financial Select Sector SPDR Fund
―
―
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SOXX
iShares Semiconductor ETF
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IYW
iShares U.S. Technology ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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