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FTEC - ETF AI Analysis
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Fidelity MSCI Information Technology Index ETF (FTEC)
Rating:74Outperform
Price Target:―
Positive Factors
Low Expense Ratio
The fund charges a relatively low fee, which helps investors keep more of their returns over time.
Large, Established Tech Holdings
The ETF is built around major technology companies like Nvidia, Apple, and Microsoft, which are widely followed and have strong positions in their industries.
Strong Performance From Select Chip Stocks
Some semiconductor holdings such as Micron and Lam Research have shown strong gains this year, helping offset weakness in other names.
Negative Factors
Heavy Concentration in a Few Stocks
A large share of the fund is tied up in just three companies, which increases the impact if any of them performs poorly.
Recent Weak Overall Performance
The ETF’s returns over the past month, three months, and year to date have been weak, reflecting recent pressure on technology stocks.
Narrow Tech and U.S. Focus
With almost all assets in U.S. technology and related companies, the fund offers limited diversification across sectors and countries.
FTEC vs. SPDR S&P 500 ETF (SPY)
AUM15.30B
RegionNorth America
Expense Ratio0.08%
Beta1.50
IssuerFidelity
Inception DateOct 21, 2013
Dividend Yield0.43%
Asset ClassEquity
Index TrackedMSCI USA IMI Information Technology 25/50 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume657,287
30 Day Avg. Volume338,167
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
281.58Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering285
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FTEC Summary
FTEC is an exchange-traded fund that follows the MSCI USA IMI Information Technology Index, giving you broad exposure to U.S. tech companies. It holds many well-known names like Apple, Microsoft, and Nvidia, along with other firms in software, hardware, chips, and IT services. Someone might invest in FTEC if they believe technology will keep driving long-term growth and want an easy way to own a basket of leading tech stocks instead of picking individual companies. A key risk is that it is heavily concentrated in the tech sector, so its price can swing a lot and may fall sharply if 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 a pure U.S. tech play, and its story right now is all about a tug-of-war inside Big Tech and semis. Heavyweights Nvidia, Apple, and Microsoft dominate the driver’s seat, but all three have been losing a bit of steam lately, acting more like a headwind than a tailwind. In contrast, chip names like Micron and Lam Research are rising smartly, helping to offset some of that drag, with AMD adding a steadier boost. Overall, the fund is highly concentrated in U.S. technology, especially AI-focused semiconductor leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 17.16% | $2.62B | $4.51T | 42.80% | 76 Outperform | |
| Apple | 16.11% | $2.46B | $4.08T | 22.18% | 79 Outperform | |
| Microsoft | 10.57% | $1.62B | $2.98T | -2.10% | 79 Outperform | |
| Broadcom | 4.26% | $651.96M | $1.58T | 48.05% | 76 Outperform | |
| Micron | 2.31% | $353.42M | $444.23B | 327.62% | 79 Outperform | |
| Cisco Systems | 1.74% | $266.61M | $335.13B | 36.21% | 77 Outperform | |
| Advanced Micro Devices | 1.64% | $250.69M | $339.84B | 93.79% | 73 Outperform | |
| Palantir Technologies | 1.52% | $232.67M | $323.91B | 22.60% | 74 Outperform | |
| Lam Research | 1.48% | $226.86M | $288.48B | 180.59% | 77 Outperform | |
| International Business Machines | 1.44% | $220.57M | $279.42B | 18.46% | 79 Outperform |
FTEC Technical Analysis
Negative
―
Price Trends
225.33
Negative
225.15
Negative
209.01
Positive
Market Momentum
-2.08
Positive
46.25
Neutral
21.96
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FTEC, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 224.21, equal to the 50-day MA of 225.33, and equal to the 200-day MA of 209.01, indicating a neutral trend. The MACD of -2.08 indicates Positive momentum. The RSI at 46.25 is Neutral, neither overbought nor oversold. The STOCH value of 21.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FTEC.
FTEC Peer Comparison
Comparison Results
Performance Comparison
FTEC
Fidelity MSCI Information Technology Index ETF
220.65
34.71
18.67%
VGT
Vanguard Information Technology ETF
―
―
―
XLK
Technology Select Sector SPDR Fund
―
―
―
XLF
Financial Select Sector SPDR Fund
―
―
―
SOXX
iShares Semiconductor ETF
―
―
―
IYW
iShares U.S. Technology ETF
―
―
―
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.
Disclaimer
This 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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