Key stats
About Fidelity MSCI Information Technology Index ETF
Home page
Inception date
Oct 21, 2013
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
FMR Co., Inc.
Distributor
Fidelity Distributors Corp.
FTEC provides exposure to US technology firms across all market caps by tracking the MSCI USA IMI Information Technology 25/50 Index. All selected stocks are classified as part of the Information Technology sector under GICS. The Indexs methodology applies certain investment limits for RICs under the current US Internal Revenue Code to help ensure diversification, one of which stipulates that: At the end of each quarter of its tax year no more than 25% of the value of the RIC's assets may be invested in a single issuer and the sum of the weights of all issuers representing more than 5% of the fund should not exceed 50% of the funds total assets. Moreover, the index is reviewed quarterly starting in February and reviewed semiannually in May and November. Prior to December 1, 2020, the fund tracked the MSCI USA IMI Information Technology Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks99.87%
Electronic Technology53.26%
Technology Services43.65%
Producer Manufacturing2.44%
Distribution Services0.33%
Transportation0.10%
Commercial Services0.05%
Process Industries0.03%
Consumer Services0.01%
Bonds, Cash & Other0.13%
Mutual fund0.11%
Cash0.02%
Stock breakdown by region
North America97.95%
Europe2.03%
Middle East0.02%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history