FTEC vs SPTE: Grades, Fees and Holdings Compared

Fidelity MSCI Information Technology Index ETF

FTECANYSE Arca

SP Funds S&P Global Technology ETF

SPTEDNYSE Arca

Overlap

55.1%by weight

Expense ratio

FTEC −0.47pt a year

FTEC0.08%SPTE0.55%

Avg volume · 30D

FTEC 5.7×the volume

FTEC275KSPTE48.5K

FTEC vs SPTE Performance

Oct 31, 2025 – Oct 30, 2026

+18.5%FTEC+25.3%SPTE

Expense ratio: FTEC 0.08%, better; SPTE 0.55%
Fund size: FTEC $22.2B; SPTE $259M
1Y total return: FTEC +18.5%; SPTE +25.3%, better
Yield (12M): FTEC 0.40%; SPTE 0.74%, better
Holdings: FTEC 291; SPTE 108
Avg volume (30D): FTEC 275K sh, better; SPTE 48.5K sh
NAV per share: FTEC $279.07; SPTE $47.73
52W range

ETF.net Grade

Pillar letters and Scores for FTEC, SPTE, with each pillar’s weight
Pillar	FTEC	SPTE
Cost30% weight	A98Higher	C40
Mission25% weight	Not scored	Not scored
Risk15% weight	B60	B62Higher
Tradability15% weight	A88Higher	F20
Holdings10% weight	D38	D39Higher
Durability5% weight	A73Higher	D35

Rank among Technology (Broad) funds

How we build Categories ›

Same Category. FTEC and SPTE 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 SPTE 17th of 23 funds in the Technology (Broad) Category.

Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 82
Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 78
Rank 3AVGTVanguard Information Technology ETFScore 71
Rank 16CPTFInvesco Dorsey Wright Technology Momentum ETFScore 40
Rank 17DSPTESP Funds S&P Global Technology ETFScore 39
Rank 18DTTEQT. Rowe Price Technology ETFScore 31

Our read on each fund

ETF.net Research

FTECAFidelity MSCI Information Technology Index ETF

SPTEDSP Funds S&P Global Technology 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.

SPTE A tech sector fund built to Shariah rules. SPTE tracks a capped global index of roughly 100 technology names screened against Islamic investment guidelines, and it pays monthly.

Stated mandate

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

SPTE The Fund seeks to track, before fees and expenses, the S&P Global 1200 Shariah Information Technology Capped Index through passive indexing.

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.

SPTE The screen is the index, not an overlay: it tracks the S&P Global 1200 Shariah Information Technology Capped Index, so Shariah guidelines govern what gets in.
Global reach. Top-scoring rivals like XLK and RSPT carve up the S&P 500; SPTE's mandate spans technology worldwide.
A capped index caps concentration, so no single mega-cap can swell without limit, and the roughly 100-stock lineup stays a focused sector bet.
Income arrives monthly rather than on the usual quarterly sector-fund rhythm.

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.

SPTE Conviction costs: 0.55% a year sits above the 0.40% typical for tech ETFs and far above index giants like XLK at 0.08% and VGT at 0.09%.
A screened, capped, global basket can behave quite differently from a plain US tech index. Different holdings, different ride.
Young (launched 2023) and mid-sized with moderate trading, so bid-ask costs weigh more here than at the heavily traded sector staples.

Full FTEC profile⁠

Full SPTE profile⁠

FTEC vs SPTE Holdings

How FTEC and SPTE differ

Overlap by weight

55.1%

Shared holdings make up 80.7% of FTEC and 55.1% of SPTE.

Level by level

Holdings58 in both55.1%
Countryby domicile56.0%
Sector5 Sectors99.5%
Asset classEquity100%

Sector

Sector weights in FTEC and SPTE, widest gap first
Sector	More in FTECMore in SPTE	FTEC	SPTE
Industrials	SPTE +0.5 points	0.3%	0.8%
Financials	FTEC +0.3 points	0.3%	0.0%
Technology	FTEC +0.2 points	99.4%	99.2%
Consumer Discretionary	FTEC +0.1 points	0.1%	0.0%
Energy	SPTE +0.1 points	0.0%	0.1%

Country, concentration and asset class

Country by domicile

Country weights in FTEC and SPTE, widest gap first
Country	More in FTECMore in SPTE	FTEC	SPTE
United States	FTEC +44.0 points	99.5%	55.5%
Taiwan	SPTE +20.5 points	0.0%	20.5%
Japan	SPTE +8.9 points	0.0%	8.9%
Netherlands	SPTE +6.3 points	0.0%	6.3%
Germany	SPTE +3.0 points	0.0%	3.0%
Canada	SPTE +2.9 points	0.0%	2.9%
Sweden	SPTE +0.5 points	0.0%	0.5%
Other countries (9)	SPTE +1.9 points	0.5%	2.4%

Outside the US: SPTE 52% developed, 48% emerging.

Concentration

Weight in the 10 largest Holdings

FTEC63.9%
SPTE64.5%

Securities held

FTEC291
SPTE106

Asset class

FTEC: Equity
SPTE: Equity

Holdings

Only in FTEC233
In both58
Only in SPTE48

Only in FTEC

233 securities, 20.1% of FTEC by weight

Palantir Technologies Inc1.68%
Intel Corp1.57%
Securities Lending Cf0.85%
Amphenol Corporation Class A0.81%
Accenture PLC Class A0.62%
Dell Technologies Inc Class C0.59%
Western Digital Corp0.55%
Snowflake Inc0.46%
Cloudflare Inc0.42%
Intuit Inc0.37%
Datadog Inc Class A0.36%
Motorola Solutions Inc0.35%
Hewlett Packard Enterprise Co0.34%
Nxp Semiconductors NV0.30%
Keysight Technologies Inc0.26%
Okta Inc Class A0.21%
Astera Labs Inc0.19%
Atlassian Corp PLC Cls A0.17%
Teledyne Technologies Inc0.16%
Strategy Inc Class A0.16%
Hp Inc0.16%
Mongodb Inc Class A0.15%
Zscaler Inc0.14%
Entegris Inc0.14%
Rubrik Inc0.14%
Credo Technology Group Hol Ltd0.14%
Zoom Communications Inc Class A0.13%
State Street 60 Day Money Mark0.13%
Docusign Inc0.12%
Nutanix Inc Class A0.12%
Dynatrace Inc0.11%
Super Micro Computer Inc0.11%
Td Synnex Corp0.11%
Manhattan Associates Inc0.10%
Samsara Inc0.10%
Gen Digital Inc0.10%
Macom Technology Soln Hlds Inc0.10%
Semtech Corp0.10%
Lattice Semiconductor Corp0.09%
Akamai Technologies Inc0.09%
Arrow Electronics Inc0.09%
Mks Inc0.09%
Guidewire Software Inc0.09%
Gitlab Inc Class A0.09%
Jfrog Ltd0.09%
Unity Software Inc0.09%
Tenable Holdings Inc0.08%
Qualys Inc0.08%
Elastic NV0.08%
Sentinelone Inc0.08%

Only in SPTE

48 securities, 44.1% of SPTE by weight

Taiwan Semiconductor Manufacturing Co Ltd11.51%
ASML Holding NV5.63%
MediaTek Inc3.81%
Sap SE2.34%
Shopify Inc1.87%
Advantest Corp1.61%
Delta Electronics Inc1.56%
Tokyo Electron Ltd1.47%
ASE Technology Holding Co Ltd1.41%
Keyence Corp0.97%
Elite Material Co Ltd0.92%
Kioxia Holdings Corp0.88%
United Microelectronics Corp0.80%
Infineon Technologies AG0.73%
Murata Manufacturing Co Ltd0.72%
Xiaomi Corp0.57%
Constellation Software Inc/Canada0.51%
Nokia Oyj0.46%
Accenture PLC0.42%
ASM International NV0.40%
Fujitsu Ltd0.38%
Renesas Electronics Corp0.32%
Celestica Inc0.32%
Disco Corp0.32%
Telefonaktiebolaget LM Ericsson0.31%
TDK Corp0.30%
STMicroelectronics NV0.29%
Ibiden Co Ltd0.28%
FUJIFILM Holdings Corp0.28%
Kyocera Corp0.26%
Canon Inc0.24%
Hexagon AB0.22%
Dassault Systemes SE0.19%
Nomura Research Institute Ltd0.18%
NXP Semiconductors NV0.17%
Halma PLC0.17%
Lasertec Corp0.17%
CGI Inc0.16%
Sage Group PLC/The0.16%
SCREEN Holdings Co Ltd0.14%
Logitech International SA0.14%
Obic Co Ltd0.13%
BE Semiconductor Industries NV0.12%
Xero Ltd0.07%
Omron Corp0.07%
WiseTech Global Ltd0.06%
Temenos AG0.06%
Japanese Yen<0.01%

Weight gaps

All 58 Holdings in both funds, largest gap first.

Holding weights in FTEC and SPTE, widest gap first
Holding	More in FTECMore in SPTE	FTEC	SPTE
NVIDIA CorpNVDA	FTEC +5.93 points	16.93%	11.00%
Apple IncAAPL	FTEC +5.35 points	17.17%	11.82%
Microsoft CorpMSFT	FTEC +2.34 points	11.88%	9.54%
Micron Technology IncMU	FTEC +1.41 points	4.03%	2.62%
Advanced Micro Devices IncAMD	FTEC +1.36 points	3.52%	2.16%
Cisco Systems IncCSCO	FTEC +0.58 points	1.67%	1.09%
Applied Materials IncAMAT	FTEC +0.50 points	1.31%	0.81%
Lam Research CorpLRCX	FTEC +0.45 points	1.24%	0.79%
Palo Alto Networks IncPANW	FTEC +0.44 points	1.22%	0.78%
Texas Instruments IncTXN	FTEC +0.41 points	1.13%	0.72%
Crowdstrike Holdings IncCRWD	FTEC +0.37 points	1.04%	0.67%
Qualcomm IncQCOM	FTEC +0.33 points	0.79%	0.46%
Arista Networks IncANET	FTEC +0.33 points	0.79%	0.46%
Sandisk CorporationSNDK	FTEC +0.33 points	0.77%	0.44%
Kla CorpKLAC	FTEC +0.33 points	0.87%	0.54%
Analog Devices IncADI	FTEC +0.32 points	0.85%	0.53%
Oracle CorpORCL	FTEC +0.31 points	0.90%	0.59%
Intl Bus Mach CorpIBM	FTEC +0.30 points	0.94%	0.64%
Marvell Technology IncMRVL	FTEC +0.30 points	0.75%	0.45%
Salesforce IncCRM	FTEC +0.26 points	0.75%	0.49%
Seagate Techn Holdings PLCSTX	FTEC +0.25 points	0.62%	0.37%
Corning IncGLW	FTEC +0.17 points	0.42%	0.25%
Servicenow IncNOW	FTEC +0.16 points	0.45%	0.29%
Cadence Design Systems IncCDNS	FTEC +0.16 points	0.40%	0.24%
Synopsys IncSNPS	FTEC +0.15 points	0.38%	0.23%
Fortinet IncFTNT	FTEC +0.15 points	0.37%	0.22%
Adobe IncADBE	FTEC +0.14 points	0.41%	0.27%
Skyworks Solutions IncSWKS	FTEC +0.14 points	0.17%	0.03%
Te Connectivity PLCTEL	FTEC +0.12 points	0.29%	0.17%
Everpure Inc-AP	FTEC +0.11 points	0.22%	0.11%
Netapp IncNTAP	FTEC +0.10 points	0.21%	0.11%
Lumentum Holdings IncLITE	FTEC +0.10 points	0.30%	0.20%
Monolithic Power Sys IncMPWR	FTEC +0.10 points	0.25%	0.15%
Microchip TechnologyMCHP	FTEC +0.10 points	0.21%	0.11%
Ciena CorpCIEN	FTEC +0.10 points	0.22%	0.12%
Twilio Inc Class ATWLO	FTEC +0.10 points	0.18%	0.08%
Roper Technologies IncROP	FTEC +0.09 points	0.22%	0.13%
Teradyne IncTER	FTEC +0.09 points	0.21%	0.12%
Broadcom IncAVGO	FTEC +0.09 points	4.16%	4.07%
Cdw CorporationCDW	FTEC +0.08 points	0.13%	0.05%
Ptc IncPTC	FTEC +0.08 points	0.14%	0.06%
Workday Inc Class AWDAY	FTEC +0.08 points	0.19%	0.11%
Verisign IncVRSN	FTEC +0.08 points	0.14%	0.06%
Flex LtdFLEX	FTEC +0.08 points	0.16%	0.08%
F5 IncFFIV	FTEC +0.08 points	0.12%	0.04%
Autodesk IncADSK	FTEC +0.08 points	0.23%	0.16%
Jabil IncJBL	FTEC +0.08 points	0.15%	0.07%
Coherent CorpCOHR	FTEC +0.08 points	0.18%	0.10%
Zebra Technologies Corp Class AZBRA	FTEC +0.07 points	0.11%	0.04%
Cognizant Tech Solutions Class ACTSH	FTEC +0.07 points	0.16%	0.09%
Trimble IncTRMB	FTEC +0.06 points	0.10%	0.04%
On Semiconductor CorpON	FTEC +0.07 points	0.15%	0.08%
Qnity Electronics IncQ	SPTE +0.06 points	<0.01%	0.06%
Gartner IncIT	FTEC +0.07 points	0.11%	0.04%
Tyler Technologies IncTYL	FTEC +0.06 points	0.10%	0.04%
Godaddy Inc Class AGDDY	FTEC +0.06 points	0.10%	0.04%
First Solar IncFSLR	FTEC +0.05 points	0.10%	0.05%
Fair Isaac CorpFICO	FTEC +0.05 points	0.09%	0.04%

All 294 FTEC holdings⁠All 100 SPTE 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 SPTE Cost

Overpaying SPTE vs FTEC

$9,131

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

FTEC 0.084%
$1,773
SPTE 0.55%
$10,904

Amount$10,000

Years30 years

Cost over time

FTEC 0.084%
SPTE 0.55%
Overpaying

Year by year

Year	FTEC	SPTE	Overpaying
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%SPTE

FTEC0.08%SPTE0.55%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

FTEC 2nd cheapest of 23 funds

SPTE 14th cheapest of 23 funds

FTEC vs SPTE Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FTEC 0.40%; SPTE 0.74%, better
Payout (12M): FTEC $1.11; SPTE $0.34
Last payment: FTEC $0.33; SPTE $0.0065
Ex-dividend: FTEC Sep 18, 2026; SPTE Oct 27, 2026
Paid on: FTEC Sep 22, 2026; SPTE Oct 28, 2026
Frequency: FTEC Quarterly; SPTE Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FTECQuarterly · 15 paymentsAll FTEC payments⁠

SPTEMonthly · 34 paymentsAll SPTE payments⁠

FTEC vs SPTE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FTEC 22.3%SPTE 22.8%since Jan 2024
Return per unit of riskSharpe ratio, 3 years: FTEC 1.19SPTE 1.13since Jan 2024
Worst fallMax drawdown, 5 years: FTEC −35.0%SPTE −25.6%since Dec 2023
Market sensitivityBeta, 5 years: FTEC 1.35SPTE 1.57; Market = 1

FTEC and SPTE in the news

All news⁠

Category Review
Equal-weight technology beat the biggest tech funds this year
Updated Oct 26, 2026FTEC
ETF Filings
SP Funds Trust files for two Shariah ETFs, U.S. Small Cap and Equity Income
Oct 12, 2026SPTE
Deep Dive
An equal-weight technology ETF beat the cap-weighted fund by 9.3 percentage points
Sep 28, 2026FTEC

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FTEC vs SPTE

In short

Stated mandate

Why people hold it