FTEC vs IVV: Grades, Fees and Holdings Compared

Fidelity MSCI Information Technology Index ETF

FTECANYSE Arca

iShares Core S&P 500 ETF

IVVANYSE Arca

Overlap

38.2%by weight

Expense ratio

IVV −0.05pt a year

FTEC0.08%IVV0.03%

Avg volume · 30D

IVV 23.2×the volume

FTEC275KIVV6.39M

10Y return · a year

FTEC +8.7pt

FTEC+24.4%IVV+15.7%

FTEC vs IVV Performance

Oct 28, 2021 – Oct 28, 2026

+138.4%FTEC+80.7%IVV

Expense ratio: FTEC 0.08%; IVV 0.03%, better
Fund size: FTEC $22.2B; IVV $889B
1Y total return: FTEC +25.0%, better; IVV +13.7%
Yield (12M): FTEC 0.38%; IVV 1.08%, better
Holdings: FTEC 292; IVV 507
Avg volume (30D): FTEC 275K sh; IVV 6.39M sh, better
NAV per share: FTEC $294.64; IVV $775.30
52W range

ETF.net Grade

Pillar letters and Scores for FTEC, IVV, with each pillar’s weight
Pillar	FTEC	IVV
Cost30% weight	A98	A84
Mission25% weight	Not scored	A100
Risk15% weight	B55	C51
Tradability15% weight	A88	A80
Holdings10% weight	D38	B55
Durability5% weight	A73	A86

Where each fund ranks

How we build Categories ›

Different Categories. Their Grades do not compare head to head.

Technology (Broad)⁠

Category · 23 funds

See all 23 ›

FTEC ranks 2nd of 23 funds in the Technology (Broad) Category.

Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 80
Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 77
Rank 3AVGTVanguard Information Technology ETFScore 70

S&P 500⁠

Category · 14 funds

See all 14 ›

IVV ranks 2nd of 14 funds in the S&P 500 Category.

Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
Rank 2AIVViShares Core S&P 500 ETFScore 79
Rank 3AVOOVanguard S&P 500 ETFScore 74

Our read on each fund

ETF.net Research

FTECAFidelity MSCI Information Technology Index ETF

IVVAiShares Core S&P 500 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.

IVV The 2000-vintage iShares take on the S&P 500, now a $100B-plus cornerstone holding: roughly 500 large US companies, 0.03% a year, and tracking that stays tight to the index.

Stated mandate

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

IVV The fund seeks to track the investment results of an index made up of large-capitalization U.S. equities.

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.

IVV Costs 0.03% a year, a fraction of the typical fee among S&P 500 trackers, and undercuts the category's founding fund (SPY, 0.09%) on the same index.
Tracking is the whole job, and it does it about as tightly as this peer group gets: roughly 500 large US companies, no manager discretion bolted on.
A $100B-plus fund that trades heavily all session, which is what keeps bid-ask spreads thin for retail-sized orders and institutional blocks alike.
Running since 2000 as a registered open-end fund, with quarterly distributions and one of the longest live records in the S&P 500 aisle.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.

IVV Pure US large cap. No mid caps, no small caps, nothing overseas, so it works as one slab of a portfolio rather than the whole thing.
It rides the index in both directions: when the S&P 500 has an ugly year, this has the same ugly year, minus the fee.
A near-identical rival shaves a basis point (SPYM at 0.02%). On $10,000 that gap is about a dollar a year, so structure and trading habits matter more.

Full FTEC profile⁠

Full IVV profile⁠

FTEC vs IVV Holdings

Holdings as of Oct 29, 2026 for FTEC and Oct 28, 2026 for IVV

How FTEC and IVV differ

Overlap by weight

38.2%

Shared holdings make up 88.2% of FTEC and 38.2% of IVV.

Level by level

Holdings73 in both38.2%
Sector11 Sectors38.2%
Countryby domicile98.9%
Asset classEquity100%

Sector

Sector weights in FTEC and IVV, widest gap first
Sector	More in FTECMore in IVV	FTEC	IVV
Technology	FTEC +61.8 points	99.4%	37.6%
Financials	IVV +11.8 points	0.3%	12.1%
Health Care	IVV +9.9 points	0.0%	9.9%
Communication	IVV +9.2 points	0.0%	9.2%
Consumer Discretionary	IVV +8.9 points	0.1%	9.0%
Industrials	IVV +7.7 points	0.3%	8.0%
Consumer Staples	IVV +5.0 points	0.0%	5.0%
Energy	IVV +3.7 points	0.0%	3.7%
Utilities	IVV +2.0 points	0.0%	2.0%
Real Estate	IVV +1.8 points	0.0%	1.8%
Materials	IVV +1.7 points	0.0%	1.7%

Country, concentration and asset class

Country by domicile

Country weights in FTEC and IVV, widest gap first
Country	More in FTECMore in IVV	FTEC	IVV
United States	FTEC +0.6 points	98.5%	97.9%
Other countries (8)	IVV +0.6 points	1.5%	2.1%

Concentration

Weight in the 10 largest Holdings

FTEC63.9%
IVV38.1%

Securities held

FTEC291
IVV504

Asset class

FTEC: Equity
IVV: Equity

Holdings

Only in FTEC218
In both73
Only in IVV431

Only in FTEC

218 securities, 12.5% of FTEC by weight

Securities Lending Cf0.77%
Accenture PLC Class A0.58%
Snowflake Inc0.46%
Cloudflare Inc0.44%
Nxp Semiconductors NV0.28%
Okta Inc Class A0.21%
Astera Labs Inc0.19%
Atlassian Corp PLC Cls A0.19%
Strategy Inc Class A0.16%
Mongodb Inc Class A0.15%
Zscaler Inc0.15%
Rubrik Inc0.14%
Credo Technology Group Hol Ltd0.14%
Entegris Inc0.13%
Zoom Communications Inc Class A0.13%
State Street 60 Day Money Mark0.12%
Dynatrace Inc0.12%
Nutanix Inc Class A0.12%
Docusign Inc0.12%
Td Synnex Corp0.11%
Samsara Inc0.11%
Manhattan Associates Inc0.10%
Macom Technology Soln Hlds Inc0.10%
Semtech Corp0.10%
Guidewire Software Inc0.09%
Lattice Semiconductor Corp0.09%
Arrow Electronics Inc0.09%
Jfrog Ltd0.09%
Unity Software Inc0.09%
Gitlab Inc Class A0.09%
Mks Inc0.09%
Elastic NV0.08%
Qualys Inc0.08%
Sentinelone Inc0.08%
Commvault Systems Inc0.08%
Hubspot Inc0.08%
Tenable Holdings Inc0.08%
Ionq Inc0.08%
Ringcentral Inc Class A0.08%
Digitalocean Holdings Inc0.08%
Cognex Corp0.08%
Box Inc Class A0.08%
Epam Systems Inc0.08%
Littelfuse Inc0.08%
Sitime Corp0.07%
Zeta Global Holdings Corp0.07%
Avnet Inc0.07%
Interdigital Inc0.07%
Ralliant Corp0.07%
Rambus Inc0.07%

Only in IVV

431 securities, 61.7% of IVV by weight

Amazon.com Inc3.73%
Alphabet Class A2.83%
Alphabet Class C2.26%
Meta Platforms Class A2.05%
Tesla Inc1.72%
Eli Lilly1.54%
Berkshire Hathaway Inc Class B1.52%
JPMorgan Chase & Co1.34%
Exxonmobil Holdings Corp1.11%
Visa Class A1.03%
Johnson & Johnson0.97%
Walmart0.80%
AbbVie0.76%
Mastercard Class A0.74%
Chevron0.68%
Costco Wholesale Corp0.66%
Procter & Gamble0.56%
UnitedHealth Group0.55%
Coca-Cola0.53%
Merck & Co Inc0.53%
Bank of America0.49%
Caterpillar Inc0.49%
Home Depot0.48%
Philip Morris International0.47%
Ge Aerospace0.46%
Goldman Sachs Group0.40%
Rtx0.39%
Netflix0.39%
Thermo Fisher Scientific0.38%
Wells Fargo0.38%
Amgen Inc0.36%
Ge Vernova0.36%
Linde PLC0.35%
Morgan Stanley0.34%
Citigroup0.31%
Gilead Sciences0.30%
Walt Disney0.29%
Verizon Communications Inc0.27%
Pepsico0.27%
Abbott Laboratories0.27%
Union Pacific0.27%
Conocophillips0.27%
Mcdonalds Corp0.27%
Nextera Energy0.26%
Pfizer0.26%
American Express0.25%
BlackRock0.25%
Welltower0.25%
Deere0.24%
Intuitive Surgical0.24%

Weight gaps

All 73 Holdings in both funds, largest gap first.

Holding weights in FTEC and IVV, widest gap first
Holding	More in FTECMore in IVV	FTEC	IVV
Apple IncAAPL	FTEC +9.39 points	17.00%	7.61%
NVIDIA CorpNVDA	FTEC +9.27 points	17.19%	7.92%
Microsoft CorpMSFT	FTEC +5.92 points	11.85%	5.93%
Micron Technology IncMU	FTEC +2.41 points	3.99%	1.58%
Advanced Micro Devices IncAMD	FTEC +2.10 points	3.47%	1.37%
Broadcom IncAVGO	FTEC +1.66 points	4.11%	2.45%
Cisco Systems IncCSCO	FTEC +1.04 points	1.70%	0.66%
Palantir Technologies IncPLTR	FTEC +1.00 points	1.69%	0.69%
Intel CorpINTC	FTEC +0.89 points	1.59%	0.70%
Palo Alto Networks IncPANW	FTEC +0.80 points	1.29%	0.49%
Applied Materials IncAMAT	FTEC +0.75 points	1.22%	0.47%
Lam Research CorpLRCX	FTEC +0.72 points	1.17%	0.45%
Texas Instruments IncTXN	FTEC +0.69 points	1.11%	0.42%
Crowdstrike Holdings IncCRWD	FTEC +0.65 points	1.06%	0.41%
Intl Bus Mach CorpIBM	FTEC +0.56 points	0.91%	0.35%
Analog Devices IncADI	FTEC +0.52 points	0.83%	0.31%
Marvell Technology IncMRVL	FTEC +0.51 points	0.83%	0.32%
Arista Networks IncANET	FTEC +0.51 points	0.80%	0.29%
Oracle CorpORCL	FTEC +0.50 points	0.84%	0.34%
Kla CorpKLAC	FTEC +0.49 points	0.79%	0.30%
Qualcomm IncQCOM	FTEC +0.48 points	0.78%	0.30%
Salesforce IncCRM	FTEC +0.48 points	0.78%	0.30%
Amphenol Corporation Class AAPH	FTEC +0.48 points	0.77%	0.29%
Sandisk CorporationSNDK	FTEC +0.46 points	0.75%	0.29%
Servicenow IncNOW	FTEC +0.39 points	0.63%	0.24%
Dell Technologies Inc Class CDELL	FTEC +0.39 points	0.62%	0.23%
Seagate Techn Holdings PLCSTX	FTEC +0.36 points	0.59%	0.23%
Western Digital CorpWDC	FTEC +0.32 points	0.53%	0.21%
Fortinet IncFTNT	FTEC +0.32 points	0.49%	0.17%
Adobe IncADBE	FTEC +0.26 points	0.41%	0.15%
Corning IncGLW	FTEC +0.26 points	0.41%	0.15%
Cadence Design Systems IncCDNS	FTEC +0.26 points	0.40%	0.14%
Datadog Inc Class ADDOG	FTEC +0.24 points	0.38%	0.14%
Synopsys IncSNPS	FTEC +0.23 points	0.37%	0.14%
Hewlett Packard Enterprise CoHPE	FTEC +0.23 points	0.35%	0.12%
Intuit IncINTU	FTEC +0.23 points	0.36%	0.13%
Motorola Solutions IncMSI	FTEC +0.23 points	0.35%	0.12%
Te Connectivity PLCTEL	FTEC +0.20 points	0.30%	0.10%
Keysight Technologies IncKEYS	FTEC +0.17 points	0.26%	0.09%
Lumentum Holdings IncLITE	FTEC +0.16 points	0.28%	0.12%
Monolithic Power Sys IncMPWR	FTEC +0.16 points	0.25%	0.09%
Autodesk IncADSK	FTEC +0.15 points	0.23%	0.08%
Teradyne IncTER	FTEC +0.15 points	0.23%	0.08%
Netapp IncNTAP	FTEC +0.15 points	0.22%	0.07%
Everpure Inc-AP	FTEC +0.15 points	0.22%	0.07%
Roper Technologies IncROP	FTEC +0.15 points	0.21%	0.06%
Ciena CorpCIEN	FTEC +0.15 points	0.22%	0.07%
Microchip TechnologyMCHP	FTEC +0.14 points	0.20%	0.07%
Workday Inc Class AWDAY	FTEC +0.14 points	0.20%	0.06%
Skyworks Solutions IncSWKS	FTEC +0.13 points	0.16%	0.03%
Twilio Inc Class ATWLO	FTEC +0.13 points	0.19%	0.06%
Cognizant Tech Solutions Class ACTSH	FTEC +0.12 points	0.16%	0.04%
Hp IncHPQ	FTEC +0.11 points	0.16%	0.05%
Teledyne Technologies IncTDY	FTEC +0.11 points	0.16%	0.05%
F5 IncFFIV	FTEC +0.11 points	0.15%	0.04%
Ptc IncPTC	FTEC +0.11 points	0.14%	0.03%
Coherent CorpCOHR	FTEC +0.11 points	0.18%	0.07%
On Semiconductor CorpON	FTEC +0.10 points	0.15%	0.05%
Jabil IncJBL	FTEC +0.11 points	0.15%	0.04%
Verisign IncVRSN	FTEC +0.10 points	0.14%	0.04%
Flex LtdFLEX	FTEC +0.10 points	0.15%	0.05%
Cdw CorporationCDW	FTEC +0.10 points	0.13%	0.03%
Zebra Technologies Corp Class AZBRA	FTEC +0.08 points	0.11%	0.03%
Super Micro Computer IncSMCI	FTEC +0.09 points	0.12%	0.03%
Gartner IncIT	FTEC +0.08 points	0.10%	0.02%
Godaddy Inc Class AGDDY	FTEC +0.08 points	0.10%	0.02%
Trimble IncTRMB	FTEC +0.08 points	0.10%	0.02%
Tyler Technologies IncTYL	FTEC +0.08 points	0.10%	0.02%
First Solar IncFSLR	FTEC +0.07 points	0.10%	0.03%
Akamai Technologies IncAKAM	FTEC +0.07 points	0.09%	0.02%
Gen Digital IncGEN	FTEC +0.07 points	0.09%	0.02%
Fair Isaac CorpFICO	FTEC +0.06 points	0.08%	0.02%
Qnity Electronics IncQ	IVV +0.04 points	<0.01%	0.04%

All 294 FTEC holdings⁠All 505 IVV 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 IVV Cost

Overpaying FTEC vs IVV

$1,135

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

FTEC 0.084%
$1,773
IVV 0.03%
$638

Amount$10,000

Years30 years

Cost over time

FTEC 0.084%
IVV 0.03%
Overpaying

Year by year

Year	FTEC	IVV	Overpaying
10	$154	$55	$99
20	$603	$216	$387
30	$1,773	$638	$1,135

Expense ratio

0.08%FTEC
0.03%IVV, cheaper

Different Categories, so each fee sits in its own Category’s range.

FTEC among 23 Technology (Broad) funds

FTEC0.08%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

FTEC 2nd cheapest of 23 funds

IVV among 14 S&P 500 funds

IVV0.03%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

IVV 2nd cheapest of 14 funds

FTEC vs IVV Dividends

Last 12 months to Oct 28, 2026

Yield (12M): FTEC 0.38%; IVV 1.08%, better
Payout (12M): FTEC $1.11; IVV $8.40
Last payment: FTEC $0.33; IVV $2.20
Ex-dividend: FTEC Sep 18, 2026; IVV Sep 15, 2026
Paid on: FTEC Sep 22, 2026; IVV Sep 18, 2026
Frequency: FTEC Quarterly; IVV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FTECQuarterly · 39 paymentsAll FTEC payments⁠

IVVQuarterly · 40 paymentsAll IVV payments⁠

FTEC vs IVV Risk

Fall from peak · 5 years

FTEC
IVV

Risk facts

VolatilityStd dev, 3 years: FTEC 21.7%IVV 12.4%, better
Return per unit of riskSharpe ratio, 3 years: FTEC 1.31IVV 1.37, better
Worst fallMax drawdown, 5 years: FTEC −35.0%IVV −24.5%, better
Market sensitivityBeta, 5 years: FTEC 1.35IVV 1.00; Market = 1

FTEC and IVV in the news

All news⁠

Deep Dive
SPY is a 1993 trust, and it still costs more to hold the S&P 500
1 hour agoIVV
Category Review
Equal-weight technology beat the biggest tech funds this year
Updated Oct 26, 2026FTEC
Head-to-Head
VOO and IVV own the same S&P 500 stocks at the same fee
Oct 23, 2026IVV
Head-to-Head
Own iShares Core S&P 500 ETF, IVV, unless you want the heavier growth bet in Vanguard Morningstar Growth ETF, VUG
Oct 16, 2026IVV
Deep Dive
VOO shares its portfolio with other Vanguard 500 index fund share classes
Oct 10, 2026IVV
Best ETFs
The cheap S&P 500 funds tied this year. Equal weight did not.
Updated Oct 2, 2026IVV

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