Skip to content
etf.net

FTEC vs IGV

Fidelity MSCI Information Technology Index ETF

FTECANYSE Arca

iShares Expanded Tech-Software Sector ETF

IGVCCboe

Overlap

Expense ratio

FTEC −0.30pt a year

FTEC0.08%IGV0.38%

Avg volume · 30D

IGV 40.5×the volume

FTEC275KIGV11.1M

10Y return · a year

FTEC +7.0pt

FTEC+23.7%IGV+16.7%

FTEC vs IGV Performance

Oct 29, 2021 – Oct 30, 2026

+124.8%FTEC+18.8%IGV

Oct 29, 2021 to Oct 30, 2026. FTEC +124.8%. IGV +18.8%. Use the arrow keys to read each point.−50%50%100%150%Oct 2021Apr 2024Oct 2026
Expense ratio
FTEC 0.08%, better
IGV 0.38%
Fund size
FTEC $22.2B
IGV $13.5B
1Y total return
FTEC +18.5%, better
IGV −9.7%
Yield (12M)
FTEC 0.40%, better
IGV 0.02%
Holdings
FTEC 291
IGV 108
Avg volume (30D)
FTEC 275K sh
IGV 11.1M sh, better
NAV per share
FTEC $279.07
IGV $104.35
52W range

ETF.net Grade

FTEC: Cost 98, Risk 60, Mission not scored, Tradability 88, Holdings 38, Durability 73. IGV: Cost 65, Risk 11, Mission 69, Tradability 79, Holdings 33, Durability 80.
Pillar letters and Scores for FTEC, IGV, with each pillar’s weight
PillarFTECIGV
Cost30% weightA98HigherB65
Mission25% weightNot scoredB69
Risk15% weightB60HigherF11
Tradability15% weightA88HigherA79
Holdings10% weightD38HigherD33
Durability5% weightA73A80Higher

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 IGV 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 IGV 14th 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 13CTDVProShares S&P Technology Dividend Aristocrats ETFScore 54
  5. Rank 14CIGViShares Expanded Tech-Software Sector ETFScore 53
  6. Rank 15CFXLFirst Trust Technology AlphaDEX FundScore 51

Our read on each fund

ETF.net Research

FTECAFidelity MSCI Information Technology Index ETF

IGVCiShares Expanded Tech-Software Sector 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.

IGV IGV skips the chip fabs and the hardware and buys the code: about 110 North American software names, plus video games and interactive media. A software-only slice of tech that has been trading since 2001.

Stated mandate

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

IGV The Fund seeks to track an index of North American software equities and selected North American equities from interactive home entertainment and interactive media and services industries.

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.
  • IGV A clean software mandate: the index covers North American software plus interactive home entertainment and interactive media, so semis and hardware stay out.ishares.com
  • 0.38% a year, a shade under the typical fund in its tech-sector group.
  • Very actively traded and multi-billion-dollar in size, so entering and exiting is rarely the hard part.
  • Running since 2001 under the iShares roof, a veteran of several full tech cycles rather than a fresh theme launch.ishares.com

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.
  • IGV One industry, about 110 stocks. A software-only book swings harder than a diversified tech fund that also holds chips and hardware.
  • Broad tech rivals VGT, XLK and FTEC charge under a tenth of a percent for much wider coverage. You pay up here for the narrower mandate.
  • North America only by design, so software companies listed in Europe or Asia sit outside the index.ishares.com

Full FTEC profile⁠

Full IGV profile⁠

FTEC vs IGV 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 IGV Cost

Overpaying IGV vs FTEC

$5,933

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

  • FTEC 0.084%

    $1,773

  • IGV 0.38%

    $7,706

$10,000
30 years

Cost over time

  • FTEC 0.084%
  • IGV 0.38%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530IGV $7,706FTEC $1,773

Year by year

YearFTECIGVOverpaying
10$154$688$534
20$603$2,658$2,055
30$1,773$7,706$5,933

Expense ratio

  • 0.08%FTEC, cheaper
  • 0.38%IGV
  • Middle half of Technology (Broad) funds
  • Median 0.45%

FTEC 2nd cheapest of 23 funds

IGV 10th cheapest of 23 funds

FTEC vs IGV Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FTEC 0.40%, better
IGV 0.02%
Payout (12M)
FTEC $1.11
IGV $0.02
Last payment
FTEC $0.33
IGV $0.02
Ex-dividend
FTEC Sep 18, 2026
IGV Jun 15, 2026
Paid on
FTEC Sep 22, 2026
IGV Jun 18, 2026
Frequency
FTEC Quarterly
IGV Irregular

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
IGVIrregular · 13 paymentsAll IGV payments⁠
One bar per payment. 13 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.01; Jun 27, 2017 $0.01; Sep 26, 2017 $0.0044; Dec 19, 2017 $0.00039; Mar 22, 2018 $0.0034; Jun 26, 2018 $0.0076; Dec 17, 2018 $0.04; Jun 17, 2019 $0.0092; Mar 25, 2020 $0.23; Jun 15, 2020 $0.01; Jun 9, 2022 $0.0046; Jun 7, 2023 $0.0051; Jun 15, 2026 $0.02. Use the arrow keys to read each point.$0$0.502017202020232026YTD

FTEC vs IGV Risk

Fall from peak · 5 years

  • FTEC
  • IGV
Oct 29, 2021 to Oct 30, 2026. Worst fall: IGV −45.9% · Nov 2022. Use the arrow keys to read each point.−50%−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
FTEC 22.3%, betterIGV 27.9%
Return per unit of riskSharpe ratio, 3 years
FTEC 1.19, betterIGV 0.50
Worst fallMax drawdown, 5 years
FTEC −35.0%, betterIGV −45.9%
Market sensitivityBeta, 5 years
FTEC 1.35IGV 1.20

FTEC and IGV in the news

All news⁠

Popular comparisons

  • FTECAvsXLKA

    Fidelity MSCI Information Technology Index ETF · State Street Technology Select Sector SPDR ETF

    Expense ratio
    0.08% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • IGVCvsXLKA

    iShares Expanded Tech-Software Sector ETF · State Street Technology Select Sector SPDR ETF

    Expense ratio
    0.38% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FTECAvsVGTA

    Fidelity MSCI Information Technology Index ETF · Vanguard Information Technology ETF

    Expense ratio
    0.08% · 0.09%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • IGVCvsVGTA

    iShares Expanded Tech-Software Sector ETF · Vanguard Information Technology ETF

    Expense ratio
    0.38% · 0.09%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FTECAvsRSPTB

    Fidelity MSCI Information Technology Index ETF · Invesco S&P 500 Equal Weight Technology ETF

    Expense ratio
    0.08% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • IGVCvsRSPTB

    iShares Expanded Tech-Software Sector ETF · Invesco S&P 500 Equal Weight Technology ETF

    Expense ratio
    0.38% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.