ETF comparison

FTEC vs IYW

Both Technology.

Fidelity MSCI Information Technology Index ETF · iShares U.S. Technology ETF

Holdings overlap

Weighted by ISIN/CUSIP
73.0 %

109 positions appear in both funds. Buying equal dollars of FTEC and IYW would leave roughly 73.0% of each dollar exposed to the same underlying securities.

FTEC only 27.0% Shared 73.0% IYW only 26.9%
In FTEC only
174 positions
Shared
109 positions
In IYW only
30 positions

Side by side

FTEC

Fidelity MSCI Information Technology Index ETF

Fidelity · Technology

83 composite / 100
Expense ratio
0.084%
Net assets
$20.96B
TTM yield
0.36%
Top-10 conc.
58.7%
IYW

iShares U.S. Technology ETF

iShares · Technology

70 composite / 100
Expense ratio
0.38%
Net assets
$25.39B
TTM yield
0.10%
Top-10 conc.
63.6%

Sub-score comparison

92
Cost
62
85
Tax efficiency
85
100
Liquidity
100
30
Concentration
23
Tracking quality
FTEC sub-score IYW

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

FTEC is 30 bps cheaper than IYW. On a $100,000 position that's about $296/yr more in fees for IYW.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FTEC vs IYW.

Top shared holdings

109 shared in total
# Holding In FTEC In IYW Overlap
1 NVIDIA Corp 17.97% 16.23% 16.23%
2 Apple Inc 14.36% 13.63% 13.63%
3 Microsoft Corp 9.53% 3.99% 3.99%
4 Broadcom Inc 5.01% 3.78% 3.78%
5 Micron Technology Inc 2.63% 2.98% 2.63%
6 Advanced Micro Devices Inc 2.59% 3.50% 2.59%
7 Intel Corp 1.99% 2.56% 1.99%
8 Lam Research Corp 1.49% 1.98% 1.49%
9 Applied Materials Inc 1.44% 1.92% 1.44%
10 Palantir Technologies Inc 1.40% 1.86% 1.40%
11 Oracle Corp 1.22% 1.67% 1.22%
12 Texas Instruments Inc 1.20% 1.57% 1.20%

Only in FTEC

174 total
  • Cisco Systems Inc 1.66%
  • Arista Networks Inc 0.89%
  • Seagate Technology Holdings PLC 0.76%
  • Accenture PLC 0.53%
  • Ciena Corp 0.45%
  • NXP Semiconductors NV 0.40%
  • Lumentum Holdings Inc 0.39%
  • Motorola Solutions Inc 0.38%
  • Keysight Technologies Inc 0.37%
  • TE Connectivity PLC 0.34%

Only in IYW

30 total
  • ALPHABET INC. 7.84%
  • ALPHABET INC. 6.33%
  • META PLATFORMS, INC. 2.80%
  • VERTIV HOLDINGS CO 0.77%
  • DOORDASH, INC. 0.38%
  • REDDIT, INC. 0.12%
  • LEIDOS HOLDINGS, INC. 0.12%
  • SS&C TECHNOLOGIES HOLDINGS, INC. 0.09%
  • TOAST, INC. 0.08%
  • PINTEREST, INC. 0.07%

Open FTEC or IYW at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.