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FTEC vs QTEC

Fidelity MSCI Information Technology Index ETF

FTECANYSE Arca

First Trust NASDAQ-100-Technology Sector Index Fund

QTECBNasdaq

Overlap

32.1%by weight

Expense ratio

FTEC −0.47pt a year

FTEC0.08%QTEC0.55%

Avg volume · 30D

QTEC 1.1×the volume

FTEC275KQTEC314K

10Y return · a year

FTEC +4.2pt

FTEC+23.7%QTEC+19.5%

FTEC vs QTEC Performance

Oct 29, 2021 – Oct 30, 2026

+124.8%FTEC+73.1%QTEC

Oct 29, 2021 to Oct 30, 2026. FTEC +124.8%. QTEC +73.1%. Use the arrow keys to read each point.−50%0%50%100%150%Oct 2021Apr 2024Oct 2026
Expense ratio
FTEC 0.08%, better
QTEC 0.55%
Fund size
FTEC $22.2B
QTEC $4.33B
1Y total return
FTEC +18.5%
QTEC +21.1%, better
Yield (12M)
FTEC 0.40%, better
QTEC 0.01%
Holdings
FTEC 291
QTEC 48
Avg volume (30D)
FTEC 275K sh
QTEC 314K sh, better
NAV per share
FTEC $279.07
QTEC $292.72
52W range

ETF.net Grade

FTEC: Cost 98, Risk 60, Mission not scored, Tradability 88, Holdings 38, Durability 73. QTEC: Cost 40, Risk 42, Mission 52, Tradability 84, Holdings 81, Durability 62.
Pillar letters and Scores for FTEC, QTEC, with each pillar’s weight
PillarFTECQTEC
Cost30% weightA98HigherC40
Mission25% weightNot scoredC52
Risk15% weightB60HigherC42
Tradability15% weightA88HigherA84
Holdings10% weightD38A81Higher
Durability5% weightA73HigherB62

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 QTEC 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 QTEC 12th 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 11BIXNiShares Global Tech ETFScore 58
  5. Rank 12BQTECFirst Trust NASDAQ-100-Technology Sector Index FundScore 55
  6. Rank 13CTDVProShares S&P Technology Dividend Aristocrats ETFScore 54

Our read on each fund

ETF.net Research

FTECAFidelity MSCI Information Technology Index ETF

QTECBFirst Trust NASDAQ-100-Technology Sector Index Fund

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.

QTEC QTEC fishes in one pond: the technology names inside the Nasdaq-100, about 40 of them. Running since 2006, it is a narrower, Nasdaq-flavored cut of tech than the giant whole-sector funds.

Stated mandate

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

QTEC The fund seeks to replicate, before fees and expenses, the price and yield performance of the Nasdaq-100 Technology Sector Index.

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.
  • QTEC About 40 tech names drawn from the Nasdaq-100 rather than the full sector roster. Concentrated on purpose, so individual holdings actually move the needle.
  • Tracks its index closely and trades with enough activity for routine orders, so you get the Nasdaq tech screen rather than a tracking science project.
  • Live since 2006, now a multi-billion-dollar fund, and sitting in the upper half of a crowded broad-tech ETF field. Not a fresh-launch experiment.

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.
  • QTEC 0.55% a year, above the 0.40% typical for broad tech ETFs and well above XLK and FTEC at 0.08%. That is the toll for the narrower Nasdaq screen.
  • Roughly 40 stocks from a single index means single names and tech sentiment swing this harder than a several-hundred-name sector fund.
  • Distributions land only once or twice a year, so this reads as a growth-tilted equity holding, not an income stream.

Full FTEC profile⁠

Full QTEC profile⁠

FTEC vs QTEC Holdings

How FTEC and QTEC differ

Overlap by weight

32.1%

Shared holdings make up 76.2% of QTEC and 76.0% of FTEC.

Level by level

  • Holdings35 in both32.1%
  • Sector5 Sectors85.9%
  • Countryby domicile91.1%
  • Asset classEquity100%

Sector

Sector weights in FTEC and QTEC, widest gap first
SectorMore in FTECMore in QTEC
TechnologyFTEC +13.8 points
CommunicationQTEC +9.0 points
Consumer DiscretionaryQTEC +3.5 points
IndustrialsQTEC +1.6 points
FinancialsFTEC +0.3 points

Country, concentration and asset class

Country by domicile

Country weights in FTEC and QTEC, widest gap first
CountryMore in FTECMore in QTEC
United StatesFTEC +8.6 points
CanadaQTEC +4.9 points
NetherlandsQTEC +2.2 points
ChinaQTEC +1.8 points
Other countries (4)FTEC +0.2 points

Concentration

Weight in the 10 largest Holdings

  • FTEC63.9%
  • QTEC25.7%

Securities held

  • FTEC291
  • QTEC47

Asset class

FTEC
Equity
QTEC
Equity

Holdings

  • Only in FTEC256
  • In both35
  • Only in QTEC12

Only in FTEC

256 securities, 24.8% of FTEC by weight

  • Cisco Systems Inc1.67%
  • Intl Bus Mach Corp0.94%
  • Oracle Corp0.90%

Only in QTEC

12 securities, 23.7% of QTEC by weight

  • NXP Semiconductors N.V.2.69%
  • Thomson Reuters Corporation2.57%
  • Meta Platforms, Inc. (Class A)2.50%

Weight gaps

All 35 Holdings in both funds, largest gap first.

Holding weights in FTEC and QTEC, widest gap first
HoldingMore in FTECMore in QTEC
NVIDIA CorpNVDAFTEC +14.77 points
Apple IncAAPLFTEC +14.64 points
Microsoft CorpMSFTFTEC +9.48 points
Roper Technologies IncROPQTEC +2.34 points
Microchip TechnologyMCHPQTEC +2.24 points
Workday Inc Class AWDAYQTEC +2.14 points
Strategy Inc Class AMSTRQTEC +2.13 points
Broadcom IncAVGOFTEC +2.11 points

All 294 FTEC holdings⁠All 47 QTEC 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 QTEC Cost

Overpaying QTEC vs FTEC

$9,131

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

  • FTEC 0.084%

    $1,773

  • QTEC 0.55%

    $10,904

$10,000
30 years

Cost over time

  • FTEC 0.084%
  • QTEC 0.55%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530QTEC $10,904FTEC $1,773

Year by year

YearFTECQTECOverpaying
10$154$988$834
20$603$3,790$3,187
30$1,773$10,904$9,131

Expense ratio

  • 0.08%FTEC, cheaper
  • 0.55%QTEC
  • Middle half of Technology (Broad) funds
  • Median 0.45%

FTEC 2nd cheapest of 23 funds

QTEC 14th cheapest of 23 funds

FTEC vs QTEC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FTEC 0.40%, better
QTEC 0.01%
Payout (12M)
FTEC $1.11
QTEC $0.03
Last payment
FTEC $0.33
QTEC $0.03
Ex-dividend
FTEC Sep 18, 2026
QTEC Jun 25, 2026
Paid on
FTEC Sep 22, 2026
QTEC Jun 30, 2026
Frequency
FTEC Quarterly
QTEC 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
QTECIrregular · 31 paymentsAll QTEC payments⁠
One bar per payment. 31 payments from 2017 to 2026 YTD. Mar 23, 2017 $0.09; Jun 22, 2017 $0.13; Sep 21, 2017 $0.15; Dec 21, 2017 $0.20; Mar 22, 2018 $0.10; Jun 21, 2018 $0.17; Sep 14, 2018 $0.15; Dec 18, 2018 $0.20; Mar 21, 2019 $0.12; Jun 14, 2019 $0.14; Sep 25, 2019 $0.20; Dec 13, 2019 $0.22; Mar 26, 2020 $0.18; Jun 25, 2020 $0.19; Sep 24, 2020 $0.13; Dec 24, 2020 $0.11; Mar 25, 2021 $0.007; Jun 24, 2021 $0.0095; Dec 23, 2021 $0.01; Mar 25, 2022 $0.01; Jun 24, 2022 $0.02; Sep 23, 2022 $0.05; Dec 23, 2022 $0.08; Mar 24, 2023 $0.12; Jun 27, 2023 $0.06; Sep 22, 2023 $0.03; Dec 22, 2023 $0.03; Mar 21, 2024 $0.0084; Jun 27, 2024 $0.03; Mar 27, 2025 $0.0083; Jun 25, 2026 $0.03. Use the arrow keys to read each point.$0$0.502017202020232026YTD

FTEC vs QTEC Risk

Fall from peak · 5 years

  • FTEC
  • QTEC
Oct 29, 2021 to Oct 30, 2026. Worst fall: QTEC −45.5% · Oct 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%, betterQTEC 26.6%
Return per unit of riskSharpe ratio, 3 years
FTEC 1.19, betterQTEC 0.90
Worst fallMax drawdown, 5 years
FTEC −35.0%, betterQTEC −45.5%
Market sensitivityBeta, 5 years
FTEC 1.35QTEC 1.43

FTEC and QTEC in the news

All news⁠

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