FTEC vs VGT: Grades, Fees and Holdings Compared

Fidelity MSCI Information Technology Index ETF

FTECANYSE Arca

Vanguard Information Technology ETF

VGTANYSE Arca

Overlap

94.5%by weight

Expense ratio

FTEC −0.01pt a year

FTEC0.08%VGT0.09%

Avg volume · 30D

VGT 15.4×the volume

FTEC275KVGT4.23M

10Y return · a year

VGT +0.2pt

FTEC+24.4%VGT+24.6%

FTEC vs VGT Performance

Oct 28, 2021 – Oct 28, 2026

+138.4%FTEC+136.3%VGT

Expense ratio: FTEC 0.08%, better; VGT 0.09%
Fund size: FTEC $22.2B; VGT $178B
1Y total return: FTEC +25.0%, better; VGT +24.7%
Yield (12M): FTEC 0.38%; VGT 0.38%
Holdings: FTEC 292; VGT 321
Avg volume (30D): FTEC 275K sh; VGT 4.23M sh, better
NAV per share: FTEC $294.64; VGT $122.79
52W range

ETF.net Grade

Pillar letters and Scores for FTEC, VGT, with each pillar’s weight
Pillar	FTEC	VGT
Cost30% weight	A98Higher	A92
Mission25% weight	Not scored	A84
Risk15% weight	B55	B55
Tradability15% weight	A88Higher	B57
Holdings10% weight	D38	C41Higher
Durability5% weight	A73	A93Higher

Rank among Technology (Broad) funds

How we build Categories ›

Same Category. FTEC and VGT 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 VGT 3rd 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
Rank 4BRSPTInvesco S&P 500 Equal Weight Technology ETFScore 68

Our read on each fund

ETF.net Research

FTECAFidelity MSCI Information Technology Index ETF

VGTAVanguard Information 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.

VGT Vanguard's technology sleeve, indexed since 2004: roughly 300 US tech stocks running from megacap giants down to small caps, for 0.09% a year. Broad coverage of the sector rather than just its household names.

Stated mandate

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

VGT The fund seeks to track an index measuring the investment return of information technology stocks. It uses an indexing approach for large-, mid-, and small-capitalization U.S. technology companies and normally invests at least 80% of assets in target-index 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.

VGT Casts a wide net: about 300 US technology stocks across large, mid and small caps, not just the megacap names everyone already knows.vanguard.com
Charges 0.09% a year, roughly a quarter of what the typical technology sector ETF asks.
One of the largest and most actively traded sector funds around, and it has followed its index closely.
Running since 2004 and among the strongest implementations in its technology peer group. Pays quarterly.

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.

VGT Weighted by market value, so the biggest platform companies drive most of the return. The small caps are along for the ride.
One sector, one country: US technology only, which means bigger swings than a total market fund.
If the last basis point matters, XLK and FTEC list at 0.08%.

Full FTEC profile⁠

Full VGT profile⁠

FTEC vs VGT Holdings

Holdings as of Oct 29, 2026 for FTEC and Oct 27, 2026 for VGT

How FTEC and VGT differ

Overlap by weight

94.5%

Shared holdings make up 98.8% of FTEC and 98.6% of VGT.

Level by level

Holdings272 in both94.5%
Countryby domicile98.9%
Asset classEquity100%
Sector6 Sectors99.9%

Sector

Sector weights in FTEC and VGT, widest gap first
Sector	More in FTECMore in VGT	FTEC	VGT
Technology	FTEC +0.1 points	99.4%	99.3%
Financials	Same weight	0.3%	0.3%
Industrials	Same weight	0.3%	0.3%
Materials	Same weight	0.0%	0.0%
Health Care	Same weight	0.0%	0.0%
Consumer Discretionary	Same weight	0.1%	0.1%

Country, concentration and asset class

Country by domicile

Country weights in FTEC and VGT, widest gap first
Country	More in FTECMore in VGT	FTEC	VGT
United States	FTEC +0.8 points	98.5%	97.7%
Singapore	VGT +0.9 points	0.0%	0.9%
Other countries (5)	Same weight	1.5%	1.5%

Concentration

Weight in the 10 largest Holdings

FTEC63.9%
VGT63.6%

Securities held

FTEC291
VGT319

Asset class

FTEC: Equity
VGT: Equity

Holdings

Only in FTEC19
In both272
Only in VGT47

Only in FTEC

19 securities, 2.0% of FTEC by weight

Securities Lending Cf0.77%
Accenture PLC Class A0.58%
Nxp Semiconductors NV0.28%
State Street 60 Day Money Mark0.12%
Novanta Inc0.06%
Ccc Intelligent Solutions Hold0.06%
Ambarella Inc0.04%
Ichor Holdings Ltd0.02%
Vistance Networks Inc0.02%
Ncr Voyix Corp0.01%
Bit Digital Inc<0.01%
Ingram Micro Holding Corp<0.01%
Ambiq Micro Inc<0.01%
Wolfspeed Inc/De<0.01%
Infleqtion Inc<0.01%
Keel Infrastructure Corp<0.01%
Whitefiber Inc<0.01%
Boost Run Inc<0.01%
Sharonai Holdings Inc<0.01%

Only in VGT

47 securities, 1.3% of VGT by weight

Accenture PLC0.45%
NXP Semiconductors NV0.26%
SLBBH11420.18%
Qorvo Inc0.08%
Novanta Inc0.06%
CCC Intelligent Solutions Holdings Inc0.05%
Ambarella Inc0.04%
Ichor Holdings Ltd0.03%
Vistance Networks Inc0.02%
NCR Voyix Corp0.01%
Mitek Systems Inc0.01%
Rapid7 Inc0.01%
Kimball Electronics Inc<0.01%
Consensus Cloud Solutions Inc<0.01%
OneSpan Inc<0.01%
NVE Corp<0.01%
Sprout Social Inc<0.01%
Methode Electronics Inc<0.01%
Weave Communications Inc<0.01%
Yext Inc<0.01%
Xerox Holdings Corp<0.01%
Clearfield Inc<0.01%
Powerfleet Inc NJ<0.01%
Cerence Inc<0.01%
8x8 Inc<0.01%
I3 Verticals Inc<0.01%
Xperi Inc<0.01%
Hackett Group Inc/The<0.01%
Commerce.com Inc<0.01%
Rimini Street Inc<0.01%
SmartRent Inc<0.01%
Blend Labs Inc<0.01%
Ribbon Communications Inc<0.01%
Unisys Corp<0.01%
CPI Card Group Inc<0.01%
Expensify Inc<0.01%
Huckleberry ai Inc<0.01%
CS Disco Inc<0.01%
Digimarc Corp<0.01%
MicroVision Inc<0.01%
Kopin Corp<0.01%
Exodus Movement Inc<0.01%
BitMine Immersion Technologies Inc<0.01%
Frequency Electronics Inc<0.01%
Veritone Inc<0.01%
Cerebras Systems Inc<0.01%
Thryv Holdings Inc<0.01%

Weight gaps

The 100 widest of 272 Holdings in both funds.

Holding weights in FTEC and VGT, widest gap first
Holding	More in FTECMore in VGT	FTEC	VGT
Apple IncAAPL	FTEC +1.08 points	17.00%	15.92%
Microsoft CorpMSFT	FTEC +0.69 points	11.85%	11.16%
Micron Technology IncMU	VGT +0.47 points	3.99%	4.46%
NVIDIA CorpNVDA	VGT +0.40 points	17.19%	17.59%
Intel CorpINTC	VGT +0.40 points	1.59%	1.99%
Lam Research CorpLRCX	VGT +0.39 points	1.17%	1.56%
Applied Materials IncAMAT	VGT +0.31 points	1.22%	1.53%
Sandisk CorporationSNDK	VGT +0.22 points	0.75%	0.97%
Advanced Micro Devices IncAMD	VGT +0.21 points	3.47%	3.68%
Seagate Techn Holdings PLCSTX	VGT +0.20 points	0.59%	0.79%
Kla CorpKLAC	VGT +0.19 points	0.79%	0.98%
Palantir Technologies IncPLTR	FTEC +0.14 points	1.69%	1.55%
Qnity Electronics IncQ	VGT +0.13 points	<0.01%	0.13%
Intl Bus Mach CorpIBM	FTEC +0.14 points	0.91%	0.77%
Texas Instruments IncTXN	FTEC +0.13 points	1.11%	0.98%
Cisco Systems IncCSCO	FTEC +0.10 points	1.70%	1.60%
Servicenow IncNOW	FTEC +0.09 points	0.63%	0.54%
Western Digital CorpWDC	VGT +0.08 points	0.53%	0.61%
Analog Devices IncADI	FTEC +0.08 points	0.83%	0.75%
Corning IncGLW	VGT +0.08 points	0.41%	0.49%
Skyworks Solutions IncSWKS	FTEC +0.06 points	0.16%	0.10%
Intuit IncINTU	FTEC +0.06 points	0.36%	0.30%
Salesforce IncCRM	FTEC +0.06 points	0.78%	0.72%
Palo Alto Networks IncPANW	FTEC +0.05 points	1.29%	1.24%
Arista Networks IncANET	VGT +0.05 points	0.80%	0.85%
Circle Internet Group Inc ACRCL	VGT +0.05 points	<0.01%	0.05%
Roper Technologies IncROP	FTEC +0.05 points	0.21%	0.16%
Marvell Technology IncMRVL	VGT +0.05 points	0.83%	0.88%
Teradyne IncTER	VGT +0.04 points	0.23%	0.27%
Ptc IncPTC	FTEC +0.04 points	0.14%	0.10%
Zscaler IncZS	FTEC +0.04 points	0.15%	0.11%
Synopsys IncSNPS	FTEC +0.04 points	0.37%	0.33%
Crowdstrike Holdings IncCRWD	FTEC +0.04 points	1.06%	1.02%
Atlassian Corp PLC Cls ATEAM	FTEC +0.04 points	0.19%	0.15%
Flex LtdFLEX	VGT +0.04 points	0.15%	0.19%
Autodesk IncADSK	FTEC +0.03 points	0.23%	0.20%
Astera Labs IncALAB	VGT +0.04 points	0.19%	0.23%
Aehr Test SystemsAEHR	VGT +0.04 points	<0.01%	0.04%
Motorola Solutions IncMSI	FTEC +0.04 points	0.35%	0.31%
Amphenol Corporation Class AAPH	VGT +0.03 points	0.77%	0.80%
Cdw CorporationCDW	FTEC +0.03 points	0.13%	0.10%
Fortinet IncFTNT	FTEC +0.03 points	0.49%	0.46%
Coherent CorpCOHR	VGT +0.03 points	0.18%	0.21%
Te Connectivity PLCTEL	FTEC +0.03 points	0.30%	0.27%
Cognizant Tech Solutions Class ACTSH	FTEC +0.02 points	0.16%	0.14%
Dell Technologies Inc Class CDELL	VGT +0.03 points	0.62%	0.65%
Onto Innovation IncONTO	VGT +0.03 points	0.07%	0.10%
Rubrik IncRBRK	FTEC +0.03 points	0.14%	0.11%
Adobe IncADBE	FTEC +0.02 points	0.41%	0.39%
Docusign IncDOCU	FTEC +0.03 points	0.12%	0.09%
Okta Inc Class AOKTA	FTEC +0.02 points	0.21%	0.19%
Netapp IncNTAP	FTEC +0.03 points	0.22%	0.19%
Tenable Holdings IncTENB	FTEC +0.02 points	0.08%	0.06%
Formfactor IncFORM	VGT +0.02 points	0.07%	0.09%
Lumentum Holdings IncLITE	VGT +0.02 points	0.28%	0.30%
Braze IncBRZE	FTEC +0.02 points	0.05%	0.03%
Qualcomm IncQCOM	FTEC +0.02 points	0.78%	0.76%
Datadog Inc Class ADDOG	FTEC +0.02 points	0.38%	0.36%
Workday Inc Class AWDAY	FTEC +0.02 points	0.20%	0.18%
Cipher Digital IncCIFR	VGT +0.02 points	0.03%	0.05%
Mongodb Inc Class AMDB	FTEC +0.02 points	0.15%	0.13%
Ttm Technologies IncTTMI	VGT +0.02 points	0.06%	0.08%
Gartner IncIT	FTEC +0.02 points	0.10%	0.08%
Twilio Inc Class ATWLO	VGT +0.02 points	0.19%	0.21%
Box Inc Class ABOX	FTEC +0.02 points	0.08%	0.06%
Cadence Design Systems IncCDNS	FTEC +0.02 points	0.40%	0.38%
Everpure Inc-AP	FTEC +0.02 points	0.22%	0.20%
Manhattan Associates IncMANH	FTEC +0.02 points	0.10%	0.08%
Oracle CorpORCL	VGT +0.02 points	0.84%	0.86%
Sitime CorpSITM	VGT +0.02 points	0.07%	0.09%
Qualys IncQLYS	FTEC +0.02 points	0.08%	0.06%
Gitlab Inc Class AGTLB	FTEC +0.02 points	0.09%	0.07%
Monolithic Power Sys IncMPWR	VGT +0.02 points	0.25%	0.27%
Acm Research Inc-Class AACMR	VGT +0.02 points	0.04%	0.06%
Riot Platforms IncRIOT	VGT +0.01 points	0.05%	0.06%
Guidewire Software IncGWRE	FTEC +0.02 points	0.09%	0.07%
Ultra Clean Holdings IncUCTT	VGT +0.02 points	0.03%	0.05%
Semtech CorpSMTC	VGT +0.02 points	0.10%	0.12%
Epam Systems IncEPAM	FTEC +0.02 points	0.08%	0.06%
Samsara IncIOT	FTEC +0.02 points	0.11%	0.09%
Mks IncMKSI	VGT +0.01 points	0.09%	0.10%
Hp IncHPQ	FTEC +0.01 points	0.16%	0.15%
Teledyne Technologies IncTDY	FTEC +0.02 points	0.16%	0.14%
Credo Technology Group Hol LtdCRDO	VGT +0.01 points	0.14%	0.15%
Hubspot IncHUBS	FTEC +0.02 points	0.08%	0.06%
Cleanspark IncCLSK	VGT +0.02 points	0.03%	0.05%
Dynatrace IncDT	FTEC +0.02 points	0.12%	0.10%
Verisign IncVRSN	FTEC +0.01 points	0.14%	0.13%
Mara Holdings IncMARA	VGT +0.01 points	0.04%	0.05%
Digitalocean Holdings IncDOCN	VGT +0.01 points	0.08%	0.09%
Elastic NVESTC	FTEC +0.01 points	0.08%	0.07%
Fair Isaac CorpFICO	FTEC +0.01 points	0.08%	0.07%
Lattice Semiconductor CorpLSCC	VGT +0.02 points	0.09%	0.11%
Digital Turbine IncAPPS	VGT +0.02 points	<0.01%	0.02%
Commvault Systems IncCVLT	FTEC +0.01 points	0.08%	0.07%
Procore Technologies IncPCOR	FTEC +0.02 points	0.07%	0.05%
Super Micro Computer IncSMCI	VGT +0.01 points	0.12%	0.13%
Workiva IncWK	FTEC +0.01 points	0.06%	0.05%
Ringcentral Inc Class ARNG	FTEC +0.02 points	0.08%	0.06%
Microchip TechnologyMCHP	FTEC +0.02 points	0.20%	0.19%

All 294 FTEC holdings⁠All 310 VGT 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 VGT Cost

Overpaying VGT vs FTEC

$125

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

FTEC 0.084%
$1,773
VGT 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

FTEC 0.084%
VGT 0.09%
Overpaying

Year by year

Year	FTEC	VGT	Overpaying
10	$154	$165	$11
20	$603	$646	$43
30	$1,773	$1,898	$125

Expense ratio

0.08%FTEC, cheaper
0.09%VGT

FTEC0.08%VGT0.09%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

FTEC 2nd cheapest of 23 funds

VGT 3rd cheapest of 23 funds

FTEC vs VGT Dividends

Last 12 months to Oct 28, 2026

Yield (12M): FTEC 0.38%; VGT 0.38%
Payout (12M): FTEC $1.11; VGT $0.47
Last payment: FTEC $0.33; VGT $0.15
Ex-dividend: FTEC Sep 18, 2026; VGT Sep 23, 2026
Paid on: FTEC Sep 22, 2026; VGT Sep 25, 2026
Frequency: FTEC Quarterly; VGT Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FTECQuarterly · 39 paymentsAll FTEC payments⁠

VGTQuarterly · 39 paymentsAll VGT payments⁠

FTEC vs VGT Risk

Fall from peak · 5 years

FTEC
VGT

Risk facts

VolatilityStd dev, 3 years: FTEC 21.7%VGT 21.6%, better
Return per unit of riskSharpe ratio, 3 years: FTEC 1.31, betterVGT 1.30
Worst fallMax drawdown, 5 years: FTEC −35.0%, betterVGT −35.1%
Market sensitivityBeta, 5 years: FTEC 1.35VGT 1.35; Market = 1

FTEC and VGT in the news

All news⁠

Category Review
Equal-weight technology beat the biggest tech funds this year
Updated Oct 26, 2026FTECVGT
Deep Dive
An equal-weight technology ETF beat the cap-weighted fund by 9.3 percentage points
Sep 28, 2026FTECVGT
Head-to-Head
QQQ vs. VGT: choose VGT for technology, QQQ for the Nasdaq-100
Oct 23, 2026VGT
New ETFs
XFUNDS Technology Income ETF is 99.1% the Vanguard Information Technology ETF
Oct 12, 2026VGT
Head-to-Head
Vanguard Information Technology ETF holds NVIDIA, Apple and Microsoft at twice the weight of Invesco QQQ Trust, Series 1
Oct 10, 2026VGT
Sector Pulse
Materials led the sectors, pulled by Vylor and two steelmakers
Oct 5, 2026VGT

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FTEC vs VGT

In short

Stated mandate

Why people hold it