(FTEC) Fidelity MSCI Information - Overview
Etf: Software, Semiconductors, Hardware, Cloud
Dividends
| Dividend Yield | 0.49% |
| Yield on Cost 5y | 0.89% |
| Yield CAGR 5y | 3.01% |
| Payout Consistency | 97.8% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 27.4% |
| Relative Tail Risk | 4.67% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.61 |
| Alpha | -0.56 |
| Character TTM | |
|---|---|
| Beta | 1.368 |
| Beta Downside | 1.320 |
| Drawdowns 3y | |
|---|---|
| Max DD | 27.30% |
| CAGR/Max DD | 1.04 |
Description: FTEC Fidelity MSCI Information January 02, 2026
The Fidelity® MSCI Information Technology Index ETF (FTEC) seeks to track the MSCI USA IMI Information Technology 25/50 Index, allocating at least 80% of its assets to the index’s constituents, which represent the U.S. information-technology sector. While the fund aims for close alignment, it may not hold every security in the index and is classified as a non-diversified ETF.
Key fund metrics (as of the latest filing) include an expense ratio of 0.08%, a weighted-average market-cap of roughly $150 billion, and top holdings such as Apple, Microsoft, and Nvidia, which together account for about 35% of assets. The ETF’s turnover rate hovers near 10% annually, reflecting the relatively stable composition of the underlying index.
Sector-level drivers that influence FTEC’s performance are the ongoing corporate shift to cloud computing (global cloud-services spend grew ~19% YoY in 2023), the acceleration of artificial-intelligence adoption (AI-related hardware and software revenues are projected to exceed $150 billion by 2026), and semiconductor supply-chain dynamics, which are sensitive to both consumer demand cycles and fiscal-policy-driven capital expenditures.
For a deeper quantitative breakdown of FTEC’s risk-adjusted returns and scenario analysis, you might explore the ValueRay platform for additional insights.
What is the price of FTEC shares?
Over the past week, the price has changed by -1.83%, over one month by -1.89%, over three months by -5.05% and over the past year by +18.47%.
Is FTEC a buy, sell or hold?
What are the forecasts/targets for the FTEC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 271 | 22.8% |
FTEC Fundamental Data Overview February 09, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 16.74b USD (16.74b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 16.74b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 16.74b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 10.96% (E(16.74b)/V(16.74b) * Re(10.96%) + (debt-free company))
Discount Rate = 10.96% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)