What is the expense ratio of FTEC vs XLK?

FTEC has an expense ratio of 0.08%, while XLK has an expense ratio of 0.08%.

FTEC vs XLK

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

Last updated: 2026-04-08

Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund that provides exposure to us sector - technology securities. It charges a low expense ratio of 0.08%. The fund offers a modest dividend yield of 0.43%. Launched in 2013, the fund has a 13-year track record.

AUM: $15.4B ER: 0.08% Yield: 0.43% Since: Oct 21, 2013

XLK

State Street Technology Select Sector SPDR ETF (XLK) is an exchange-traded fund that provides exposure to us sector - technology securities. It charges a low expense ratio of 0.08%. The fund offers a modest dividend yield of 0.54%. Launched in 1998, the fund has a 28-year track record.

AUM: $86.3B ER: 0.08% Yield: 0.54% Since: Dec 16, 1998

Quick Verdict

Both funds have delivered similar 1-year returns (58.1% vs 57.9%), tracking closely.

Key Metrics

Metric	FTEC	XLK
Expense Ratio	0.08%	0.08%
Dividend Yield	0.4%	0.5%
Fund Family	N/A	N/A
Category	US Sector - Technology	US Sector - Technology

Performance Chart

Indexed to 100 at start (5-year comparison)

FTEC +97.6%

XLK +102.2%

Performance Comparison

Period	FTEC	XLK	Difference
1 Month	+1.32%	+1.56%	-0.24%
3 Months	-1.69%	-1.60%	-0.09%
6 Months	+0.83%	+1.97%	-1.14%
YTD	-1.95%	-1.64%	-0.31%
1 Year	+58.14%	+57.94%	+0.20%
3 Years	+96.90%	+90.53%	+6.37%
5 Years	+95.82%	+100.23%	-4.41%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	FTEC Fees	XLK Fees	You Save
$10,000	10 years	$159	$159	$0
$10,000	20 years	$686	$686	$0
$10,000	30 years	$2,212	$2,212	$0
$50,000	10 years	$797	$797	$0
$50,000	30 years	$11,061	$11,061	$0
$100,000	30 years	$22,123	$22,123	$0

Risk Metrics

Based on 5 years of daily returns

Metric	FTEC	XLK
Annualized Volatility	25.1%	24.7%
Max Drawdown	-35.4%	-34.0%
Sharpe Ratio	0.49	0.51

Dividend Comparison

Metric	FTEC	XLK
Annual Dividend (per share)	$0.95	$0.77
Dividend Yield	0.43%	0.54%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

10 of top 10 holdings overlap (100% overlap in top holdings)

FTEC Top Holdings

Name	Weight
NVIDIA CorporationNVDA	18.39%
Apple Inc.AAPL	15.60%
Microsoft CorporationMSFT	10.05%
Broadcom Inc.AVGO	4.35%
Micron Technology, Inc.MU	2.15%
Advanced Micro Devices, Inc.AMD	1.83%
Palantir Technologies Inc.PLTR	1.72%
Cisco Systems, Inc.CSCO	1.65%
Applied Materials, Inc.AMAT	1.47%
Lam Research CorporationLRCX	1.46%

XLK Top Holdings

Name	Weight
NVIDIA CorporationNVDA	15.32%
Apple Inc.AAPL	13.17%
Microsoft CorporationMSFT	9.78%
Broadcom Inc.AVGO	5.60%
Micron Technology, Inc.MU	3.66%
Advanced Micro Devices, Inc.AMD	3.11%
Palantir Technologies Inc.PLTR	2.96%
Cisco Systems, Inc.CSCO	2.75%
Applied Materials, Inc.AMAT	2.42%
Lam Research CorporationLRCX	2.42%

Which One Should You Choose?

Either works if...

you just need broad us sector - technology exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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