NEW — Intraday Technical Analysis now available from TRADING Central.
Visit News, Commentary & Events.

Snapshot: FTEC

FIDELITY MSCI INFORMATION TECHNOLOGY INDEXFidelity

33.23up0.06 (0.18%)

 as of 3:59:51pm ET 04/27/2015
Bid/Size 30.34/0
Ask/Size 0.00/0
Open 33.32
High 33.42
Low 33.17
Previous Close
AS OF 04/27/2015
33.23
Price Performance (Last 52 Wk)
as of 04/24/2015
+23.22%
Volume 0
Volume (90-Day Average) 173,285
Indicative Intraday Value Log in
NAV (Previous Day)
AS OF 04/27/2015
33.238792
Bid/Ask Midpoint (Previous Day)
AS OF 04/24/2015
33.165
Bid/Ask Spread (1 Month Average)
as of 03/31/2015
0.08%
Premium / Discount (Bid/Ask Previous Day)
as of 04/27/2015
--
Premium / Discount (1 Month Rolling Average)
as of 04/24/2015
0.03%
Tracking Error 0.07
Options No
Detailed Quote

Note: You can save only one view at the time. Saving this view will overwrite your previously saved view.

Please use the Advanced Chart if you want to have more than one view.

Cancel 
Save View
Your view has been saved
Failed
Your view hasn't been saved
TODAY 2D 5D 10D 1M 3M 6M YTD 1Y 3Y 5Y 10Y
DELAYED DATA AS OF
Text Note
Chart Settings
Show/Hide


Please note you can display only one indicator at a time in this view. Please use Advanced Chart if you want to display more than one.

Attention

Please note you can display only one indicator at a time in this view. Please use Advanced Chart if you want to display more than one.

Don't show again

ETP Type

ETF

Asset Class

Equity

Geography Objective

US

Capitalization / Style Objective

Broad/Multi Cap / Core or Blend

Sector Objective

Technology

Net Assets
AS OF 03/31/2015

$335.0M

Net Expense Ratio

0.12%

Sponsor

Fidelity Management & Research

Inception Date

10/21/2013

Investment Philosophy

Passively Managed

Benchmark Index

MSCI USA IMI Information Technology Index

Index Composition

Cap-Weighted

Legal Structure

Open-End Investment Company

Basket Total Holdings

398

Objective

Seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. Using a representative sampling indexing strategy to manage the fund. “Representative sampling" is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to the index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the index. The fund may or may not hold all of the securities in the MSCI USA IMI Information Technology Index.

Learn More

News, Commentary & Events

Log in for more news
Error

Sorry : There are currently no news stories available for this symbol.

  • Sector Detector: Sector rotation model stays bullish, but neutral rankings and technical resistance flash caution

    BY Scott Martindale, Sabrient - 04/27/2015

    Last week, stocks cycled bullish yet again. In fact, the S&P 500 and NASDAQ closed at record highs as investors positioned for the heart of earnings season in the wake of strong reports from some of the Tech giants. Notably, Utilities stocks got some renewed traction as yield-starved investors returned to the sector. The S&P 500 finds itself challenging the February highs around 212, which should prove to be formidable resistance in the absence of a strong catalyst for a bullish breakout, and of course bulls also must deal with the specter of the historically weak month of May lurking on the horizon. I don't think there is sufficient fuel for breakout on this attempt. Overall, this week's fundamentals-based Outlook rankings continue to look neutral, with Utilities and Consumer Goods (Staples/Noncyclical) in the top five and lower scores for Technology and Industrial. Our trend-following sector rotation model retains its bullish bias and suggests holding Technology, Utilities, and Healthcare in that order. Also discussed are some alternative highly-ranked ETFs and individual stock ideas from within the top-ranked sectors, and what the model suggests if you prefer a neutral or defensive outlook.

  • Sector Detector: Earnings and GDP temporarily take investor spotlight off the Fed

    BY Scott Martindale, Sabrient - 04/13/2015

    As we get into the heart of earnings season and anticipate the GDP report for Q1, the investor spotlight has been taken off the Federal Reserve and timing of its first interest rate hike, at least temporarily. Even though Q1 economic growth will undoubtedly look weak, the future remains bright for the U.S economy (even though many multinationals will struggle with top-line growth due to the strong dollar) and any near-term selloff resulting from weak economic or earnings news should be bought yet again in expectation of better results for the balance of the year. Small caps should continue to benefit. High sector correlations remain a concern, reflecting herd-like risk-on/risk-off behavior rather than thoughtful stock-picking. From a technical standpoint, once again, the S&P 500 found reliable support at the lower uptrend line of the long-standing bullish rising channel, and only time will tell as to whether the latest bounce will lead to a challenge of the February highs. Overall, this week's fundamentals-based Outlook rankings have taken a slightly defensive tone, given the move in Utilities and Consumer Goods (Staples/Noncyclical), and the fall in Industrial. Our trend-following sector rotation model has returned to a bullish bias and suggests holding Healthcare, Financial, and Technology. Also discussed are some alternative highly-ranked ETFs and individual stock ideas from within the top-ranked sectors, and what the model suggests if you prefer a neutral or defensive outlook.

Analyst Opinions

Analyst Ratings

LAST CHANGE
Firm Name As of Date Action Rating Report
Ned Davis Research Group 01/06/2015 Downgrade Log in for rating & report
S&P Capital IQ 12/31/2014 Upgrade Log in for rating & report
XTF Inc. 03/31/2015 Upgrade 9.70000 out of 10 XTF Inc. PDF Report
More Analyst Opinions

Key Statistics

Price / Earnings (Trailing Twelve Months) 19.45
Price / Book 3.97
Price / Sales 2.83
Price / Cash Flow 12.86
30-day SEC Yield
AS OF 04/17/2015
1.12%
Distribution Yield (TTM)
AS OF 03/31/2015
1.15%
See all Key Stats

Compare

FTEC
FIDELITY MSCI INFORMATION TECHNOLOGY INDEX
Asset Class Median
Volume (10-Day Avg)
AS OF 04/24/2015
75.3K 22.1M
1 Week Market Total Return
AS OF 04/24/2015
+3.58% +1.46%
1 Month Market Total Return
AS OF 04/24/2015
+1.25% +1.64%
1 Year Market Total Return
AS OF 04/24/2015
+22.59% +9.35%
3 Year Annualized Market Total Return
AS OF 04/24/2015
-- +14.58%
Beta (1 Year Month-End)
AS OF 03/31/2015
1.29 1.01
Annual Turnover Ratio
AS OF --
-- 17.00%
Net Expense Ratio
AS OF 11/29/2014
0.12% 0.58%
Compare to Other ETFs

Performance

Growth of Hypothetical $10,000 * AS OF 03/31/2015

Cumulative Total Returns AS OF 04/24/2015
NAV Return Market Return S&P 500 Index
YTD +5.12% +4.99% +3.47%
4 Weeks +1.30% +1.25% +1.38%
13 Weeks +4.91% +4.82% +3.74%
26 Weeks +12.84% +12.79% +8.89%
Quarter-End Average Annual Total Returns AS OF 03/31/2015
NAV Return Market Return
1 Year +17.42% +17.40%
3 Year -- --
5 Year -- --
10 Year -- --
Life +19.62% +20.07%
Life as of inception date: 10/21/2013       Gross Expense Ratio: 0.12%

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

More about Performance & Risk

Portfolio Composition

Top 10 Basket Holdings AS OF 04/24/2015

View all Basket Holdings
AAPL Apple Inc 16.95%
MSFT Microsoft Corp 8.31%
GOOGL Google Inc 3.63%
FB Facebook Inc 3.62%
GOOG Google Inc 3.61%
IBM International Business Machines Corp 3.54%
INTC Intel Corp 3.44%
ORCL Oracle Corp 3.39%
CSCO Cisco Systems Inc 3.27%
V Visa Inc 2.95%
†Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash.Click here for more information.More about Portfolio Composition

StyleMap®

as of 04/24/2015 More information
Value Blend Growth
Large StyleMap: Large Growth
Mid
Small
Current HistoricalCurrent Fund Assets Coverage: 100%
Data provided by . More about Portfolio Composition
Free commission offer applies to online purchases of Fidelity ETFs and select iShares ETFs in a Fidelity brokerage account. Fidelity accounts may require minimum balances. The sale of ETFs is subject to an activity assessment fee (of between $0.01 to $0.03 per $1,000 of principal). iShares ETFs and Fidelity ETFs are subject to a short-term trading fee by Fidelity if held less than 30 days. *The chart illustrates the NAV performance of a hypothetical $10,000 investment made in the fund on 12/31/1999 or on commencement of operations (whichever is later). Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

**The Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and ten-year (if applicable) Morningstar Rating metrics. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a funds monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.)

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance. Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated. Since ETFs are bought and sold at prices set by the market - which can result in a premium or discount to NAV- the returns calculated using market price (market return) can differ from those calculated using NAV (NAV return).

Top basket holdings are as of the date indicated and may not be representative of the funds current or future investments.

News, commentary and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive, long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Additional information about the sources, amounts, and terms of compensation is described in the ETFs prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

© 2010 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.