Overview
MSCI's US technology sector at 0.084% — the cheapest pure-tech sector fund available, from Fidelity's index stable.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corporation | 16.8% |
| MSFT | Microsoft Corp. | 15.2% |
| AAPL | Apple Inc. | 14.6% |
| AVGO | Broadcom Inc. | 4.9% |
| ORCL | Oracle Corp. | 3.1% |
| CRM | Salesforce | 2.2% |
| AMD | Advanced Micro Devices | 2.1% |
| ADBE | Adobe Inc. | 2.0% |
| CSCO | Cisco Systems | 1.9% |
| ACN | Accenture | 1.8% |
Fund Details
Investment Thesis
FTEC delivers what IYW and XLK sell, at a fraction of their price, with a broader 300-name reach into mid and small-cap technology. The IMI index means investors own the sector's full depth rather than only its giants — though cap-weighting still puts the mega-caps firmly in charge, as the +41.1% AI-cycle year attests. For buy-and-hold sector allocation, the fee gap versus IYW (0.39%) is simply free money.
Who It's For
Long-term technology allocators who prioritise cost and breadth. The default tech sector holding unless a specific index quirk argues otherwise.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $35.90 | -- |
| 2017 | $49.14 | +36.9% |
| 2018 | $48.65 | -1.0% |
| 2019 | $72.79 | +49.6% |
| 2020 | $105.98 | +45.6% |
| 2021 | $142.86 | +34.8% |
| 2022 | $93.14 | -34.8% |
| 2023 | $147.16 | +58.0% |
| 2024 | $190.58 | +29.5% |
| 2025 | $232.50 | +22.0% |
| Year | Yield |
|---|---|
| 2016 | 0.54% |
| 2017 | 0.56% |
| 2018 | 0.51% |
| 2019 | 0.53% |
| 2020 | 0.49% |
| 2021 | 0.50% |
| 2022 | 0.46% |
| 2023 | 0.47% |
| 2024 | 0.43% |
| 2025 | 0.43% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $2.0B | -- |
| 2017 | $2.5B | +25.0% |
| 2018 | $3.1B | +24.0% |
| 2019 | $3.8B | +22.6% |
| 2020 | $4.7B | +23.7% |
| 2021 | $5.9B | +25.5% |
| 2022 | $7.3B | +23.7% |
| 2023 | $9.1B | +24.7% |
| 2024 | $11B | +20.9% |
| 2025 | $14B | +27.3% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
Related US Sectors ETFs
Markets. Intelligence. Daily.
Full briefs on 400+ ETFs, curated daily ETF news, and a free weekly deep-dive newsletter — all on ETFHub.
Get the Free Weekly Brief Explore the ETF Portal Official Fund Page →