FTEC vs VGT: Fees, Returns & Holdings Compared

	Expense ratio	Net assets	Yield (TTM)	Overlap	1 yr	5 yr*
FTEC	0.084%	$19.85B	0.41%	96%	+15.4%	+16.8%
VGT	0.09%	$170.66B	0.96%		+19.7%	+17.5%

At a glance

FTEC and VGT hold almost the same stocks in almost the same amounts: 96% of their holdings overlap by weight. FTEC is an ordinary open-end ETF and VGT a share class of Vanguard Information Technology Index Fund, which also sells mutual fund shares. FTEC costs less: 0.084% a year against 0.09% for VGT, or $84 against $90 on every $100,000. FTEC has $19.85B in assets and VGT $170.66B (all share classes); over the past 12 months FTEC paid out 0.41% of its price and VGT 0.96%, both quarterly. Over the past year FTEC returned +15.4% and VGT +19.7% with distributions reinvested; over five years, +16.8% and +17.5% a year. In the 2022 bear market FTEC fell 34.3% at its worst and VGT 34.5%; both were back at their earlier highs 9 months after the low.

Key differences

	FTEC	VGT
Fund	Fidelity MSCI Information Technology Index ETF	Vanguard Information Technology ETF
Issuer	Fidelity	Vanguard
Structure	Open-end ETF	ETF share class
Type	Technology	Technology
Launched	Oct 21, 2013	Jan 26, 2004
Expense ratio	0.084%	0.09%
Cost a year on $100,000	$84	$90
Net assets	$19.85B	$170.66B *
Holdings	281	318
Ten largest positions	62.2%	62.5%
Yield (12 months)	0.41%	0.96%
Pays	quarterly	quarterly
Portfolio turnover	9% a year	8% a year
Price data from	Oct 24, 2013	Jun 2, 2020

* VGT’s net assets are those of Vanguard Information Technology Index Fund, all share classes.

Holdings and overlap

Overlap by weight96%the share of each fund in holdings both own

Securities in common273FTEC 281 · VGT 318 in all

Ten largest positions62.2% / 62.5%of assets, FTEC / VGT

Overlap adds up, for every security both funds own, the smaller of its two weights: 100% would mean identical portfolios.

Largest holdings

Holding	FTEC	VGT
NVIDIA Corp	17.09%	17.77%
Apple Inc	16.21%	15.83%
Microsoft Corp	10.93%	11.32%
Broadcom Inc	4.20%	4.05%
Micron Technology Inc	3.82%	4.19%
Advanced Micro Devices Inc	3.18%	2.96%
Cisco Systems Inc	1.92%	1.72%
Applied Materials Inc	1.69%	1.44%
Intel Corp	1.65%	1.54%
Palantir Technologies Inc	1.13%	1.62%
Lam Research Corp	1.54%	1.49%

The biggest differences in weight: NVIDIA Corp (17.1% in FTEC, 17.8% in VGT).

By sector

Sector	FTEC	VGT	Difference
Technology	82.2%	82.8%	VGT +0.6
Materials	0.5%	0.5%	—
Industrials	0.2%	0.2%	—
Consumer discretionary	0.1%	0.1%	—
Financials	0.1%	0.1%	—

Sectors of the companies each fund holds that have a stock page here (83% of FTEC, 83.7% of VGT). Source: N-PORT holdings reports as of Jul 31, 2026 (FTEC) and Aug 31, 2026 (VGT).

Returns

FTEC VGT · $10,000 in each on Jun 30, 2020, distributions reinvested.

$10,000 put into FTEC on Jun 30, 2020 was worth $35,386 on Oct 30, 2026, and in VGT $35,265 (+22.1% and +22.0% a year). That is as far back as the price data for both goes.

	1 yr	3 yr	5 yr	10 yr
FTEC price data to Nov 2, 2026	+15.4%	+30.0%	+16.8%	+23.5%
FTEC official prospectus, to Nov 29, 2025	+29.47%	—	+21.60%	+20.52%
VGT price data to Oct 30, 2026	+19.7%	+33.3%	+17.5%	—
VGT official prospectus, to Dec 31, 2024	+29.27%	—	+21.44%	+20.75%

Multi-year figures are annualized total returns with distributions reinvested. "Official" rows are the SEC-standard returns from each fund's prospectus, to the end of the last calendar year; they reach back further where the price data starts late. VGT: Price data starts 2020-06-02, after the fund's launch on 2004-01-26; figures "since start" cover the available history only.

Calendar years

Year	FTEC	VGT	Difference
2026	+21.3% *	+25.5% *	VGT +4.2
2025	+22.1%	+21.8%	FTEC +0.3
2024	+29.4%	+29.3%	FTEC +0.1
2023	+53.3%	+52.6%	FTEC +0.6
2022	-29.6%	-29.7%	FTEC +0.1
2021	+30.5%	+30.4%	FTEC +0.1
2020	+45.9%	+45.94% †
2019	+48.9%	+48.68% †
2018	-0.4%	+2.52% †
2017	+36.8%	—

Total returns from price data; † from the fund’s prospectus where the price data starts later; * year to Oct 30, 2026.

Downturns and recovery

	FTEC	VGT
2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009	Before it launched	Not in the price data (starts Jun 2, 2020)
2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020	−31.9% at the worst; back at its high 3 months after the low	Not in the price data (starts Jun 2, 2020)
2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022	−34.3% at the worst; back at its high 9 months after the low	−34.5% at the worst; back at its high 9 months after the low
Worst fall in the price data	−35% (Dec 27, 2021 – Oct 14, 2022)	−35.1% (Dec 27, 2021 – Oct 14, 2022)

The deepest drop from a high to a low during each stretch when stocks fell, and how long the fund took to get back to its earlier high, with distributions reinvested. The price data starts Oct 24, 2013 for FTEC and Jun 2, 2020 for VGT.

Income

FTEC yield (12 months)0.41%paid quarterly

VGT yield (12 months)0.96%paid quarterly

Year	FTEC	VGT
2025	$52	$49
2024	$63	$77
2023	$116	$98
2022	$65	$64
2021	$82	$83

Distributions paid during each calendar year on $10,000 of shares bought at the previous year-end close, adjusted for share splits. Before taxes.

Costs

FTEC charges 0.084% a year and VGT 0.09%: on $100,000 that is $6 a year less with FTEC ($30 on $500,000). The fee comes out of each fund's assets, so it is already in the returns above.

Cost of $10,000 (SEC example)	1 yr	3 yrs	5 yrs	10 yrs
FTEC	$9	$27	$47	$108
VGT	$9	$29	$51	$115

From each fund's prospectus: the total costs on $10,000 invested, at a 5% yearly return, with the shares sold at the end of each period.

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