(FTEC) Fidelity MSCI Information - Ratings and Ratios

Fidelitys MSCI Information Technology Index ETF (FTEC) is designed for investors seeking exposure to the U.S. technology sector. It invests at least 80% of its assets in securities from the MSCI USA IMI Information Technology 25/50 Index, which tracks the performance of the tech sector within the U.S. equity market. This index employs weight caps to prevent any single company from dominating the fund, ensuring a balanced exposure across the sector.

As a non-diversified fund, FTEC can hold a smaller number of securities, which is common in sector-specific ETFs. It is passively managed with a low expense ratio of 0.08%, making it a cost-effective option for investors. Listed on the NYSE Arca, FTEC offers high liquidity, which is advantageous for traders seeking efficient buy and sell transactions.

With an AUM of over $13.6 billion, FTEC is a substantial fund that provides broad exposure to the U.S. tech sector. It is often used by investors looking to gain access to major technology companies without the need to pick individual stocks. The funds structure and low fees make it an attractive choice for those seeking long-term growth in the technology sector.

Its important to note that certain metrics like P/E are not applicable to this fund, as they are typically used for individual stocks rather than sector-specific ETFs. FTEC serves as a tool for investors to tap into the growth and innovation of the technology sector, offering a straightforward and efficient investment solution.