FTEC vs IWP
Comparison between FIDELITY MSCI INFORMATION TECHNOLOGY INDEX ETF (FTEC, ETF) and ISHARES RUSSELL MID-CAP GROWTH ETF (IWP, ETF).
5-Year PerformanceFTEC has outperformed IWP, delivering a return of +18.9% compared to +5.3%
FTEC vs IWP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FTEC
$20B
IWP
$20B
Expense Ratio
Winner
FTEC
0.08%
IWP
0.23%
Max Drawdown
Winner
FTEC
35.36%
IWP
57.34%
Sharpe Ratio
Winner
FTEC
1.33
IWP
0.06
5Y Beta
FTEC
1.46
Winner
IWP
1.16
P/E Ratio
Winner
FTEC
40.92
IWP
50.35
Forward P/E
Winner
FTEC
22.36
IWP
27.43
5Y Dividends CAGR
FTEC
4.73%
Winner
IWP
9.93%
5Y EPS CAGR
FTEC
38.05%
IWP
N/A
Debt to Equity
Winner
FTEC
74.14%
IWP
336.52%
P/S Ratio
FTEC
6.80
Winner
IWP
2.48
P/B Ratio
Winner
FTEC
9.48
IWP
11.70
FTEC vs IWP - Holdings Comparison
FTEC and IWP have 54 common holdings. Overlap is 6.07%
FTEC's top 25 holdings weight is 76.10%. IWP's top 25 holdings weight is 35.76%.
| Rank | FTEC | IWP |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 17.55% | SNOWFLAKE INC ORDINARY SHARES (SNOW) - 3.06% |
| #2 | APPLE INC (AAPL) - 15.44% | CLOUDFLARE INC (NET) - 2.70% |
| #3 | MICROSOFT CORP (MSFT) - 11.33% | DATADOG INC CLASS A (DDOG) - 2.17% |
| #4 | BROADCOM INC (AVGO) - 4.63% | SIMON PROPERTY GROUP INC (SPG) - 1.94% |
| #5 | MICRON TECHNOLOGY INC (MU) - 3.78% | LUMENTUM HOLDINGS INC (LITE) - 1.82% |
| #6 | ADVANCED MICRO DEVICES INC (AMD) - 2.97% | TERADYNE INC (TER) - 1.73% |
| #7 | CISCO SYSTEMS INC (CSCO) - 1.92% | COMFORT SYSTEMS USA INC (FIX) - 1.66% |
| #8 | INTEL CORP (INTC) - 1.69% | ROBINHOOD MARKETS INC CLASS A (HOOD) - 1.66% |
| #9 | APPLIED MATERIALS INC (AMAT) - 1.65% | CENCORA INC (COR) - 1.61% |
| #10 | n/a (PLTR) - 1.52% | TARGA RESOURCES CORP (TRGP) - 1.57% |
| #11 | LAM RESEARCH CORP (LRCX) - 1.52% | AUTODESK INC (ADSK) - 1.45% |
| #12 | PALO ALTO NETWORKS INC (PANW) - 1.26% | MARATHON PETROLEUM CORP (MPC) - 1.44% |
| #13 | TEXAS INSTRUMENTS INC (TXN) - 1.03% | VISTRA CORP (VST) - 1.36% |
| #14 | KLA CORP (KLAC) - 1.02% | FASTENAL CO (FAST) - 1.35% |
| #15 | ORACLE CORP (ORCL) - 0.99% | ASTERA LABS INC (ALAB) - 1.34% |
| #16 | CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 0.92% | W.W. GRAINGER INC (GWW) - 1.34% |
| #17 | INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 0.87% | AXON ENTERPRISE INC (AXON) - 1.27% |
| #18 | ARISTA NETWORKS INC (ANET) - 0.84% | ANGLOGOLD ASHANTI PLC (AU) - 1.23% |
| #19 | AMPHENOL CORP CLASS A (APH) - 0.84% | TAKE-TWO INTERACTIVE SOFTWARE INC (TTWO) - 1.22% |
| #20 | ANALOG DEVICES INC (ADI) - 0.77% | CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 1.21% |
| #21 | MARVELL TECHNOLOGY INC (MRVL) - 0.74% | TEXAS PACIFIC LAND CORP (TPL) - 0.55% |
| #22 | SANDISK CORP ORDINARY SHARES (SNDK) - 0.73% | SYSCO CORP (SYY) - 0.53% |
| #23 | SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 0.72% | FAIR ISAAC CORP (FICO) - 0.53% |
| #24 | QUALCOMM INC (QCOM) - 0.71% | VIKING HOLDINGS LTD (VIK) - 0.51% |
| #25 | SALESFORCE INC (CRM) - 0.66% | ZSCALER INC (ZS) - 0.51% |
| Total Holdings | 283 | 229 |
FTEC vs IWP - Historical Returns
Returns include dividend reinvestment.
1M
FTEC
+2.03%
Winner
IWP
+2.88%
3M
FTEC
+3.45%
Winner
IWP
+4.36%
6M
Winner
FTEC
+28.54%
IWP
+5.68%
1Y
Winner
FTEC
+39.88%
IWP
+3.53%
5Y(CAGR)
Winner
FTEC
+18.88%
IWP
+5.31%
10Y(CAGR)
Winner
FTEC
+24.09%
IWP
+12.00%
Max(CAGR)
Winner
FTEC
+21.94%
IWP
+9.28%
FTEC vs IWP - Annual Returns (2001 - 2026)
Returns include dividend reinvestment.
| Year | FTEC | IWP |
|---|---|---|
| 2026 | +25.60% | +4.10% |
| 2025 | +22.06% | +7.84% |
| 2024 | +32.96% | +23.83% |
| 2023 | +54.74% | +26.60% |
| 2022 | -30.18% | -26.14% |
| 2021 | +32.61% | +14.23% |
| 2020 | +43.28% | +33.86% |
| 2019 | +48.60% | +35.72% |
| 2018 | -1.75% | -5.68% |
| 2017 | +35.91% | +24.12% |
| 2016 | +16.07% | +8.86% |
| 2015 | +5.48% | -0.33% |
| 2014 | +19.53% | +12.77% |
| 2013 | +8.30% | +32.21% |
| 2012 | N/A | +14.17% |
| 2011 | N/A | -2.97% |
| 2010 | N/A | +24.30% |
| 2009 | N/A | +40.22% |
| 2008 | N/A | -43.79% |
| 2007 | N/A | +11.28% |
| 2006 | N/A | +8.69% |
| 2005 | N/A | +13.54% |
| 2004 | N/A | +15.71% |
| 2003 | N/A | +37.61% |
| 2002 | N/A | -27.76% |
| 2001 | N/A | -2.79% |
FTEC vs IWP Drawdown Comparison
The maximum drawdown for FTEC was -34.95%, occurring on Oct 14, 2022. Recovery took 478 trading sessions.
The maximum drawdown for IWP was -56.92%, occurring on Nov 20, 2008. Recovery took 824 trading sessions.
The current FTEC drawdown is -5.86%. The current IWP drawdown is -2.74%.
| Rank | FTEC | IWP |
|---|---|---|
| #1 | -34.95% Dec 27, 2021 - Nov 20, 2023 | -56.92% Oct 9, 2007 - Jan 14, 2011 |
| #2 | -31.88% Feb 19, 2020 - Jun 8, 2020 | -39.72% Aug 1, 2001 - Dec 1, 2003 |
| #3 | -27.30% Dec 16, 2024 - Jun 25, 2025 | -38.62% Nov 16, 2021 - Oct 11, 2024 |
| #4 | -24.11% Aug 29, 2018 - Mar 21, 2019 | -35.87% Feb 19, 2020 - Jul 8, 2020 |
| #5 | -16.41% Dec 4, 2015 - Jul 18, 2016 | -25.20% Feb 18, 2025 - Jul 3, 2025 |
| #6 | -16.26% Oct 29, 2025 - Apr 17, 2026 | -25.03% Jul 7, 2011 - Mar 26, 2012 |
| #7 | -15.24% Jul 10, 2024 - Oct 14, 2024 | -22.49% Sep 14, 2018 - Mar 21, 2019 |
| #8 | -14.01% Jun 2, 2026 - Jul 29, 2026 | -20.26% Apr 23, 2015 - Aug 23, 2016 |
| #9 | -14.00% May 27, 2015 - Oct 23, 2015 | -14.79% Oct 27, 2025 - Jun 30, 2026 |
| #10 | -12.33% Sep 2, 2020 - Dec 1, 2020 | -14.14% Apr 5, 2004 - Nov 11, 2004 |
| #11 | -10.81% Feb 12, 2021 - Apr 9, 2021 | -13.73% May 8, 2006 - Nov 15, 2006 |
| #12 | -10.71% May 3, 2019 - Jul 1, 2019 | -13.49% Feb 12, 2021 - Jun 24, 2021 |
| #13 | -10.30% Jan 26, 2018 - Feb 26, 2018 | -11.47% Jul 19, 2007 - Oct 5, 2007 |
| #14 | -9.70% Mar 12, 2018 - Jun 1, 2018 | -11.32% Apr 2, 2012 - Sep 13, 2012 |
| #15 | -9.41% Mar 7, 2024 - May 15, 2024 | -10.16% Sep 5, 2014 - Nov 6, 2014 |
Correlation
Correlation between FTEC and IWP is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (2001 - 2026)
FTEC vs IWP dividend yield comparison.
| Year | FTEC | IWP |
|---|---|---|
| 2026 | 0.18% | 0.15% |
| 2025 | 0.43% | 0.37% |
| 2024 | 0.49% | 0.40% |
| 2023 | 0.77% | 0.54% |
| 2022 | 0.93% | 0.77% |
| 2021 | 0.63% | 0.30% |
| 2020 | 0.83% | 0.38% |
| 2019 | 1.03% | 0.60% |
| 2018 | 1.20% | 1.02% |
| 2017 | 0.96% | 0.78% |
| 2016 | 1.25% | 1.16% |
| 2015 | 1.27% | 0.98% |
| 2014 | 1.09% | 1.03% |
| 2013 | 0.18% | 0.80% |
| 2012 | 0.00% | 1.32% |
| 2011 | 0.00% | 0.93% |
| 2010 | 0.00% | 0.85% |
| 2009 | 0.00% | 0.87% |
| 2008 | 0.00% | 1.26% |
| 2007 | 0.00% | 0.63% |
| 2006 | 0.00% | 0.70% |
| 2005 | 0.00% | 0.47% |
| 2004 | 0.00% | 0.28% |
| 2003 | 0.00% | 0.18% |
| 2002 | 0.00% | 0.13% |
| 2001 | 0.00% | 0.03% |
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