(FTEC) Fidelity MSCI Information - NYSE
ETF Category: Technology | Exchange: NYSE (USA) | Market Cap: 20.154m USD | Total Return: 43.5% in 12m
Avg Turnover: 92.2M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Fidelity MSCI Information Technology Index ETF (FTEC) tracks the MSCI USA IMI Information Technology 25/50 Index, providing exposure to the broad U.S. technology sector. The fund maintains a mandate to invest at least 80% of its assets in index-constituent securities, utilizing a representative sampling strategy that may result in a non-diversified portfolio structure. Since its inception in 2013, the fund has focused on large-cap equities within the domestic market.
The information technology sector primarily comprises companies involved in software development, hardware manufacturing, and semiconductor production. These businesses often operate on high-margin, scalable models driven by intellectual property and recurring revenue streams. Investors can further evaluate these underlying business fundamentals by reviewing the detailed metrics available on ValueRay.
- Enterprise AI spending accelerates demand for high-margin software and semiconductors
- High concentration in Apple and Microsoft drives overall index performance
- Federal Reserve interest rate policy impacts valuations of growth-oriented tech stocks
- Global semiconductor supply chains face geopolitical and trade regulation risks
As of June 11, 2026, the stock is trading at USD 268.43 with a total of 461,350 shares traded.
Over the past week, the price has changed by -9.32%,
over one month by -1.12%,
over three months by +23.13% and
over the past year by +43.53%.
Fidelity MSCI Information has no consensus analysts rating.