FTEC vs. XLE
Fidelity MSCI Information Technology Index ETF
Energy Select Sector SPDR Fund
Correlation
Compare with
Top 10 shared holdings
There are no shared holdings.
Performance Measures**
for the time period Oct 24, 2013 to Dec 4, 2025
1M Trailing Return:
3M Trailing Return:
-1.3%
10.0%
5.8%
4.4%
-7.1%
+5.6%
1M Trailing Return:
3M Trailing Return:
-1.3%
10.0%
5.8%
4.4%
-7.1%
+5.6%
Max Drawdown:
Standard Deviation:
-35.0%
23.2%
-71.3%
28.5%
+36.3%
-5.3%
Max Drawdown:
Standard Deviation:
-35.0%
23.2%
-71.3%
28.5%
+36.3%
-5.3%
Sharpe Ratio:
Calmar Ratio:
0.95
0.61
0.30
0.06
+0.65
+0.55
Sharpe Ratio:
Calmar Ratio:
0.95
0.61
0.30
0.06
+0.65
+0.55
What is FTEC?
The ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology 25/50 Index.
What is XLE?
The Energy Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Energy Select Sector Index (ticker: IXE).
Snapshot**
- Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
- Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
- Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.
Trading Strategies
Related toFTEC
KMLMNOVA MIX INV VOL WM 74
Category
Leveraged tech momentum, volatility hedges, managed futures, RSI signals, regime switching
OOS Cumulative Return
12.61%
Trading Strategies
Related toXLE
Inside Nancy Pelosi's Chips- V3
Category
Semiconductors, mean reversion, momentum, trend filter, RSI, leveraged ETFs, tactical, energy, commodities
OOS Cumulative Return
1775.5%
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Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.