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FTEC vs GTEK

Fidelity MSCI Information Technology Index ETF

FTECANYSE Arca

Goldman Sachs Future Tech Leaders Equity ETF

GTEKDNYSE Arca

Overlap

Expense ratio

FTEC −0.67pt a year

FTEC0.08%GTEK0.75%

Avg volume · 30D

FTEC 14.9×the volume

FTEC275KGTEK18.4K

5Y return · a year

FTEC +12.5pt

FTEC+16.8%GTEK+4.3%

FTEC vs GTEK Performance

Nov 2, 2021 – Nov 2, 2026

+117.0%FTEC+23.4%GTEK

Nov 2, 2021 to Nov 2, 2026. FTEC +117.0%. GTEK +23.4%. Use the arrow keys to read each point.−50%0%50%150%Nov 2021May 2024Nov 2026
Expense ratio
FTEC 0.08%, better
GTEK 0.75%
Fund size
FTEC $22.2B
GTEK $216M
1Y total return
FTEC +15.4%
GTEK +22.2%, better
Yield (12M)
FTEC 0.41%, better
GTEK 0.00%
Holdings
FTEC 290
GTEK 61
Avg volume (30D)
FTEC 275K sh, better
GTEK 18.4K sh
NAV per share
FTEC $279.07
GTEK $51.65
52W range

ETF.net Grade

FTEC: Cost 98, Risk 60, Mission not scored, Tradability 88, Holdings 38, Durability 73. GTEK: Cost 13, Risk 43, Mission not scored, Tradability 13, Holdings 75, Durability 39.
Pillar letters and Scores for FTEC, GTEK, with each pillar’s weight
PillarFTECGTEK
Cost30% weightA98HigherF13
Mission25% weightNot scoredNot scored
Risk15% weightB60HigherC43
Tradability15% weightA88HigherF13
Holdings10% weightD38A75Higher
Durability5% weightA73HigherD39

Rank among Technology (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FTEC and GTEK are both graded against the same 23 Technology (Broad) funds, so their Grades compare head to head.

Technology (Broad)⁠

Category · 23 funds
See all 23 ›

FTEC ranks 2nd and GTEK 19th of 23 funds in the Technology (Broad) Category.

  1. Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 82
  2. Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 78
  3. Rank 3AVGTVanguard Information Technology ETFScore 71
  4. Rank 18DTTEQT. Rowe Price Technology ETFScore 31
  5. Rank 19DGTEKGoldman Sachs Future Tech Leaders Equity ETFScore 28
  6. Rank 20FQQHHCM Defender 100 Index ETFScore 24

Our read on each fund

ETF.net Research

FTECAFidelity MSCI Information Technology Index ETF

GTEKDGoldman Sachs Future Tech Leaders Equity ETF

In short

FTEC Fidelity's tech sleeve runs 0.08% a year and holds about 300 names, tracking an MSCI index that reaches from mega-cap chipmakers down into small-cap software. Cheap beta on the whole US tech stack, not just the giants.

GTEK Most tech funds are a bet on the same handful of giants. GTEK does the opposite: Goldman's stock pickers hunt tech companies worth under $100 billion, anywhere in the world, in a portfolio of roughly 60 names.

Stated mandate

FTEC Seeks to track, before fees and expenses, the performance of the MSCI USA IMI Information Technology Index.

GTEK The fund is an actively managed, fully transparent ETF seeking exposure to Goldman Sachs's highest-conviction technology ideas. It invests globally in companies below $100 billion in market capitalization, including mid- and small-cap stocks.

Why people hold it

  • FTEC At 0.08%, it ties the cheapest fund in its broad-tech group and undercuts VGT's 0.09%, against a cohort median of 0.40%. On a sector sleeve, that gap compounds quietly.
  • The MSCI USA IMI benchmark covers large, mid and small cap US tech, so the roughly 300 holdings stretch past the mega-cap tier alone.msci.com
  • Trading since 2013 and now a multi-billion-dollar fund, it sits in the top quartile of its broad technology peer group.
  • GTEK The size cap is the point: it buys tech companies below $100 billion in market value, so the mega-caps that anchor most tech funds are excluded by design.gsam.com
  • It fishes globally across developed and emerging markets, so the shortlist reaches chipmakers and software names listed well outside the US.
  • Actively managed and fully transparent, holding about 60 stocks. You see what Goldman's analysts actually picked rather than an index screen's output.

Worth knowing

  • FTEC Membership follows GICS Information Technology, so several household-name tech businesses classified into other sectors never show up here.msci.com
  • One sector, one story: tech moves harder than the broad market in both directions, and roughly 300 names does not soften that.
  • Distributions arrive quarterly, and a growth-heavy sector index is not built around payouts.
  • GTEK At 0.75% a year, it charges more than the typical global active equity fund, and well above rules-based peers such as GSWO at 0.15%.
  • It trades thinly next to the big tech funds, so bid-ask gaps can run wider, particularly around the open and close.
  • Sub-$100B, one sector, roughly 60 holdings: a concentrated slice of the market, and it has not been run as an income payer.

Full FTEC profile⁠

Full GTEK profile⁠

FTEC vs GTEK Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FTEC vs GTEK Cost

Overpaying GTEK vs FTEC

$12,709

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FTEC 0.084%

    $1,773

  • GTEK 0.75%

    $14,482

$10,000
30 years

Cost over time

  • FTEC 0.084%
  • GTEK 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530GTEK $14,482FTEC $1,773

Year by year

YearFTECGTEKOverpaying
10$154$1,336$1,182
20$603$5,078$4,475
30$1,773$14,482$12,709

Expense ratio

  • 0.08%FTEC, cheaper
  • 0.75%GTEK
  • Middle half of Technology (Broad) funds
  • Median 0.45%

FTEC 2nd cheapest of 23 funds

GTEK 19th cheapest of 23 funds

FTEC vs GTEK Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
FTEC 0.41%, better
GTEK 0.00%
Payout (12M)
FTEC $1.11
GTEK None
Last payment
FTEC $0.33
GTEK No data
Ex-dividend
FTEC Sep 18, 2026
GTEK No data
Paid on
FTEC Sep 22, 2026
GTEK No data
Frequency
FTEC Quarterly
GTEK No data

Distribution history

Per share, 2017 to 2026, same scale for both

FTECQuarterly · 39 paymentsAll FTEC payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.10; Jun 16, 2017 $0.12; Sep 15, 2017 $0.12; Dec 15, 2017 $0.13; Mar 16, 2018 $0.12; Jun 15, 2018 $0.14; Sep 21, 2018 $0.14; Dec 21, 2018 $0.19; Mar 15, 2019 $0.18; Jun 21, 2019 $0.19; Sep 20, 2019 $0.19; Dec 20, 2019 $0.19; Mar 20, 2020 $0.28; Jun 19, 2020 $0.20; Sep 18, 2020 $0.19; Dec 18, 2020 $0.20; Mar 19, 2021 $0.20; Jun 18, 2021 $0.20; Sep 17, 2021 $0.20; Dec 17, 2021 $0.26; Mar 18, 2022 $0.21; Jun 17, 2022 $0.22; Sep 16, 2022 $0.22; Dec 16, 2022 $0.23; Mar 17, 2023 $0.23; Jun 16, 2023 $0.22; Sep 15, 2023 $0.22; Dec 15, 2023 $0.43; Mar 15, 2024 $0.24; Jun 21, 2024 $0.23; Sep 20, 2024 $0.23; Dec 20, 2024 $0.21; Mar 21, 2025 $0.23; Jun 20, 2025 $0.23; Sep 19, 2025 $0.23; Dec 19, 2025 $0.27; Mar 20, 2026 $0.22; Jun 18, 2026 $0.29; Sep 18, 2026 $0.33. Use the arrow keys to read each point.$0$0.502017202020232026YTD
GTEK3 paymentsAll GTEK payments⁠
One bar per payment. 3 payments from 2017 to 2026 YTD. Jun 24, 2022 $0.00091; Sep 26, 2022 $0.0031; Dec 26, 2023 $0.07. Use the arrow keys to read each point.$0$0.502017202020232026YTD

FTEC vs GTEK Risk

Fall from peak · 5 years

  • FTEC
  • GTEK
Nov 2, 2021 to Nov 2, 2026. Worst fall: GTEK −53.8% · Oct 2022. Use the arrow keys to read each point.−50%−40%−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
FTEC 22.3%, betterGTEK 27.5%
Return per unit of riskSharpe ratio, 3 years
FTEC 1.19, betterGTEK 0.99
Worst fallMax drawdown, 5 years
FTEC −35.0%, betterGTEK −53.8%
Market sensitivityBeta, 5 years
FTEC 1.35GTEK 1.89

FTEC and GTEK in the news

All news⁠

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