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FTEC vs SPTE
Which ETF would AI Choose? Fidelity MSCI Information Technology Index ETF (FTEC) vs. SP Funds S&P Global Technology ETF (SPTE)
Key Takeaways
- FTEC provides concentrated exposure to the U.S. information technology sector through a market-cap-weighted index with approximately 280 holdings, while SPTE offers global technology exposure filtered by Shariah investment principles with roughly 98 holdings.
- FTEC maintains a significantly lower expense ratio of 0.08% compared to SPTE’s 0.55%, reflecting differences in management approach and index complexity.
- Both ETFs focus exclusively on the information technology sector but differ in geographic scope, with FTEC nearly 100% U.S.-focused and SPTE including international names such as Taiwan Semiconductor Manufacturing Co Ltd (TSM) and ASML Holding NV (ASML).
- SPTE incorporates Shariah-compliant screening that excludes companies involved in prohibited activities, resulting in a more selective universe than the broader U.S.-centric approach of FTEC.
- Structural differences in diversification, cost, and compliance frameworks position the two ETFs as alternatives for investors seeking technology sector exposure with varying risk and ethical considerations.
Introduction
Investors evaluating technology sector exposure often compare specialized exchange-traded funds (ETFs) that track distinct indices within the same broad industry. Fidelity MSCI Information Technology Index ETF (FTEC) and SP Funds S&P Global Technology ETF (SPTE) both target information technology companies yet employ different methodologies, geographic coverage, and compliance standards. This comparison highlights their structural distinctions, sector allocations, and relative positioning to assist investors in aligning choices with specific objectives such as cost efficiency or global diversification.
Fidelity MSCI Information Technology Index ETF (FTEC) Overview
FTEC tracks the MSCI USA IMI Information Technology 25/50 Index, which measures the performance of the U.S. information technology sector. The fund holds approximately 280 securities and is passively managed with full replication of the underlying index. Top holdings typically include NVIDIA Corporation (NVDA), Apple Inc. (AAPL), Microsoft Corporation (MSFT), Broadcom Inc. (AVGO), and Micron Technology, Inc. (MU). Sector allocation is overwhelmingly concentrated in technology at nearly 100%, with negligible exposure elsewhere. The expense ratio stands at 0.08%. The ETF is non-diversified and rebalances according to the index methodology, providing straightforward market-cap-weighted exposure to large-, mid-, and small-cap U.S. technology firms.
SP Funds S&P Global Technology ETF (SPTE) Overview
SPTE tracks the S&P Global 1200 Shariah Information Technology Capped Index, which measures global large-cap information technology securities that meet Shariah investment guidelines. The fund holds approximately 98 securities and is passively managed. Top holdings often feature Taiwan Semiconductor Manufacturing Co Ltd (TSM), Apple Inc. (AAPL), NVIDIA Corporation (NVDA), Microsoft Corporation (MSFT), and ASML Holding NV (ASML). Sector allocation remains focused on technology, though geographic exposure spans developed and emerging markets. The expense ratio is 0.55%. The ETF applies market-cap weighting with caps for diversification and incorporates Shariah screens that exclude companies engaged in activities such as gambling, tobacco, or alcohol production.
Industry and Thematic Backdrop
The information technology sector continues to benefit from sustained demand for semiconductors, artificial intelligence infrastructure, cloud computing, and digital transformation initiatives. Macroeconomic drivers include evolving interest rate expectations, capital expenditure cycles among technology leaders, and geopolitical developments affecting supply chains. Regulatory scrutiny around data privacy, export controls on advanced chips, and competition policy remains relevant. Shariah-compliant investing adds an additional layer of screening that may influence flows into vehicles such as SPTE, while broader market participants often favor established U.S. technology leaders represented in FTEC. Sector risks encompass valuation compression during periods of higher interest rates and potential slowdowns in earnings growth for high-multiple names.
Performance and Positioning Comparison
In recent market cycles, FTEC has reflected the performance of leading U.S. technology giants, benefiting from strong earnings momentum in artificial intelligence and semiconductor supply chains. SPTE’s global composition and Shariah filters have produced differentiated exposure, potentially moderating volatility through inclusion of select international firms while limiting participation in certain U.S.-centric names. Relative positioning highlights trade-offs between FTEC’s lower costs and concentrated domestic focus versus SPTE’s broader geographic reach and compliance framework. During periods of sector rotation, differences in top holdings and regional allocation can influence how each ETF responds to shifts in earnings cycles or macroeconomic sentiment.
AI Screener
Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore the AI Screener to refine your ETF research.
Tickeron AI Verdict
Based on observable factors including structural strength, cost efficiency, diversification profile, and sector momentum, Tickeron’s AI would currently assign a higher probability of favor to FTEC due to its substantially lower expense ratio, broader holdings within the U.S. technology universe, and established liquidity characteristics. SPTE offers distinct value for investors prioritizing Shariah compliance and global exposure, yet the cost differential and concentration profile tilt probabilistic preference toward FTEC in a neutral evaluation framework.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is FTEC is a Hold and SPTE is a Hold.
FTEC's RSI Oscillator climbs out of oversold territory
The RSI Indicator for FTEC moved out of oversold territory on November 03, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 24 similar instances when the indicator left oversold territory. In 24 of the 24 cases the stock moved higher. This puts the odds of a move higher at 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a +1.54% 3-day Advance, the price is estimated to grow further. Considering data from situations where FTEC advanced for three days, in 338 of 386 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.
FTEC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 29, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on FTEC as a result. In 69 of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 81%.
The Moving Average Convergence Divergence Histogram (MACD) for FTEC turned negative on October 12, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In 40 of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at 80%.
FTEC moved below its 50-day moving average on October 29, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FTEC crossed bearishly below the 50-day moving average on October 23, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 13 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 81%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTEC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 83%.
The Aroon Indicator for FTEC entered a downward trend on November 04, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
SPTE's RSI Indicator climbs out of oversold territory
The RSI Oscillator for SPTE moved out of oversold territory on November 03, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 11 similar instances when the indicator left oversold territory. In 11 of the 11 cases the stock moved higher. This puts the odds of a move higher at 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a +1.05% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPTE advanced for three days, in 222 of 237 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
SPTE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 30, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on SPTE as a result. In 39 of 46 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 85%.
The Moving Average Convergence Divergence Histogram (MACD) for SPTE turned negative on October 12, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 28 similar instances when the indicator turned negative. In 23 of the 28 cases the stock turned lower in the days that followed. This puts the odds of success at 82%.
SPTE moved below its 50-day moving average on October 29, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SPTE crossed bearishly below the 50-day moving average on October 22, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 8 of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 80%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPTE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 75%.
The Aroon Indicator for SPTE entered a downward trend on November 04, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
| FTEC | SPTE | |
|---|---|---|
| RSI ODDS (%) | 2 days ago 90% | 2 days ago 90% |
| Stochastic ODDS (%) | 2 days ago 87% | 2 days ago 90% |
| Momentum ODDS (%) | 2 days ago 81% | 2 days ago 85% |
| MACD ODDS (%) | 2 days ago 80% | 2 days ago 82% |
| TrendWeek ODDS (%) | 2 days ago 82% | 2 days ago 78% |
| TrendMonth ODDS (%) | 2 days ago 87% | 2 days ago 82% |
| Advances ODDS (%) | 2 days ago 88% | 2 days ago 90% |
| Declines ODDS (%) | 4 days ago 83% | 4 days ago 75% |
| BollingerBands ODDS (%) | 2 days ago 90% | 2 days ago 90% |
| Aroon ODDS (%) | 2 days ago 90% | 2 days ago 81% |
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FTEC and
Correlation & Price change
A.I.dvisor indicates that over the last year, FTEC has been closely correlated with ONTO. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTEC jumps, then ONTO could also see price increases.
| Ticker / NAME | Correlation To FTEC | 1D Price Change % | ||
|---|---|---|---|---|
| FTEC | 100% | +0.24% | ||
| ONTO - FTEC | 71% Closely correlated | -8.68% | ||
| Q - FTEC | 69% Closely correlated | -0.09% | ||
| VSH - FTEC | 67% Closely correlated | -5.07% | ||
| COHR - FTEC | 65% Loosely correlated | -5.98% | ||
| BHE - FTEC | 64% Loosely correlated | -7.99% | ||
More | ||||
SPTE and
Correlation & Price change
A.I.dvisor indicates that over the last year, SPTE has been closely correlated with TSM. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPTE jumps, then TSM could also see price increases.
| Ticker / NAME | Correlation To SPTE | 1D Price Change % | ||
|---|---|---|---|---|
| SPTE | 100% | +0.31% | ||
| TSM - SPTE | 86% Closely correlated | -2.24% | ||
| ASX - SPTE | 78% Closely correlated | -3.94% | ||
| Q - SPTE | 70% Closely correlated | -0.09% | ||
| GLW - SPTE | 66% Closely correlated | -5.84% | ||
| COHR - SPTE | 64% Loosely correlated | -5.98% | ||
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| 1 Day | |||
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| First Trust Nasdaq Transportation ETF (FTXR) | |||
| STOT | 46.40 | 0.07 | +0.15% |
| State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) | |||
| JPLD | 51.52 | 0.05 | +0.10% |
| JPMorgan Limited Duration Bond ETF (JPLD) | |||
| RAAA | 24.98 | 0.02 | +0.08% |
| Reckoner Yield Enhanced AAA CLO ETF (RAAA) | |||