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Dividend Vision

ETF Comparison

FTEC vs SCHG: A Tech Sector Fund, or Broad Large-Cap Growth?

A head-to-head of Fidelity MSCI Information Technology and Schwab U.S. Large-Cap Growth covering sector versus style and cost.

Data updated September 4, 2026

Best for

  • FTECInvestors who want simple, diversified core exposure in one low-cost fund.
  • SCHGInvestors who want a growth tilt and can accept bigger swings for higher upside.

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

FTEC has outpaced SCHG over the trailing twelve months, posting a 40.86% total return against 16.75%. The lead holds up over 10 years too: FTEC has compounded at 24.21% a year, against 18.54% for SCHG. SCHG has been the steadier holding, though — annualized volatility of 19.4% against 24.7% for FTEC. Figures are total returns: price change plus every distribution reinvested.

Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
SymbolYTD1Y3Y5Y10YSince Oct 2013Volatility Sharpe Sortino Max drawdown
FTEC28.57%40.86%30.54%18.71%24.21%22.09%24.7%0.901.29-27.3%
SCHG9.57%16.75%23.20%13.02%18.54%16.75%19.4%0.851.21-23.4%

Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 4, 2026. YTD and 1Y are cumulative; windows of one year or longer are annualized. “Since Oct 2013” measures every fund from October 24, 2013 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the trailing 3 years. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the trailing 3 years) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.

Side-by-side snapshot

Side-by-side snapshot. Each row is one metric; each column is one fund.
MetricFTECSCHG
Full nameFidelity MSCI Information Technology Index ETFSchwab U.S. Large-Cap Growth ETF
IssuerFidelity InvestmentsSchwab
Underlying indexa basket of Fidelity MSCI Information Technology Index ETF holdingsDow Jones U.S. Large-Cap Growth Total Stock Market Index
Last Close$289.31 as of September 4, 2026$35.53 as of September 4, 2026
Distribution yield0.40%0.38%
Distribution Safety Score™ 99100
Safety-Adjusted Yield 0.40%0.38%
Expense ratio0.08%0.04%
AUM$21.3B$62.4B
Distribution frequencyQuarterlyQuarterly
ObjectiveSeeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology 25/50 Index, a modified market capitalization-weighted index capturing large-, mid-, and small-cap segments of the U.S. information technology sector.Seeks to track the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, holding the components ranked 1-750 by full market capitalization that are classified as growth.
Asset classEquityEquity
Inception date10/21/201312/11/2009
Beta1.461.21
Last dividend$0.289$0.034
Ex-dividend date06/18/202606/24/2026

Bottom lineChoose FTEC if you want simple, diversified core exposure in one low-cost fund. Choose SCHG if you want a growth tilt and can accept bigger swings for higher upside.

FTEC vs SCHG: tech sector or large-cap growth?

FTEC is a technology sector fund. SCHG is large-cap growth, tech-heavy but not a sector fund. Sector versus style is the split.

FTECSCHG
SleeveUS information technologyUS large-cap growth
Expense ratio0.08%0.04%
Fund size$21.3B$62.4B
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Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

Fidelity Investments
ETFs82
Total AUM$207B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Fidelity Investments is one of the largest asset managers globally and maintains a substantial presence in the ETF market with a diverse lineup spanning multiple investment strategies. Their offerings cover a wide spectrum of approaches including traditional dividend and income strategies, factor-based and thematic investing, international equity exposure, bond allocations, and index-tracking funds. The issuer is known for both broad market accessibility and specialized strategies, serving investors across various risk profiles and investment objectives.

See our curated list of related YouTube videos on FTEC.

See all Fidelity Investments ETFs
Schwab
ETFs33
Total AUM$616B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Schwab is a major provider of low-cost, broad-based ETFs known for making investing accessible to individual investors through its discount brokerage platform. The issuer's fund lineup spans multiple categories including core index funds, dividend and income-focused strategies, factor-based approaches, international exposure, fixed income, and digital assets, with popular core holdings like SCHB (U.S. broad market) and SCHD (dividend appreciation) alongside more specialized thematic offerings. Schwab's ETF suite is characterized by its breadth across asset classes and investment styles, competitive expense ratios, and integration with its retail brokerage ecosystem.

See our curated list of related YouTube videos on SCHG.

See all Schwab ETFs

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Quick verdict

FTEC (Fidelity MSCI Information Technology Index ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both quarterly-pay dividend ETFs, but they take different approaches.

FTEC offers the higher yield at 0.40% vs 0.38% for SCHG. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

SCHG is cheaper with an expense ratio of 0.04% compared to 0.08%.

They have different reference exposures: FTEC is linked to a basket of Fidelity MSCI Information Technology Index ETF holdings while SCHG is linked to Dow Jones U.S. Large-Cap Growth Total Stock Market Index, which means their performance drivers differ.

SCHG is the larger fund by assets ($62.4B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, FTEC would generate roughly $3.33/month, while SCHG would produce $3.17/month, at current distribution rates. Both pay quarterly distributions.

FTEC yield0.40%
SCHG yield0.38%
Monthly diff on $10K$0.17

Cost & efficiency

Over 10 years on $10,000, FTEC would cost approximately $80 in fees vs $40 for SCHG (simplified, not compounded). The $40.00 difference may be offset by yield or performance.

FTEC ER0.08%
SCHG ER0.04%

Strategy & risk

FTEC holds a basket of Fidelity MSCI Information Technology Index ETF holdings, while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Beta is 1.46 for FTEC and 1.21 for SCHG, making SCHG the less volatile of the two by this measure.

FTEC beta1.46
SCHG beta1.21

Fund details

FTEC is managed by Fidelity Investments (launched 10/21/2013) with $21.3B in assets. SCHG is managed by Schwab (launched 12/11/2009) with $62.4B in assets.

FTEC AUM$21.3B
SCHG AUM$62.4B
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Frequently asked questions

What is the difference between FTEC and SCHG?

FTEC (Fidelity MSCI Information Technology Index ETF) is a US information-technology sector fund. SCHG (Schwab U.S. Large-Cap Growth ETF) is US large-cap growth, so it is tech-heavy but not a sector fund. Cost is 0.08% versus 0.04%; size is $21.3B versus $62.4B. Distributions are 0.40% and 0.38% as of September 2026. Sector versus style is the split.

What is the current distribution yield for FTEC and SCHG?

FTEC currently distributes 0.40% and SCHG 0.38%, based on fund data updated September 2026. Distribution yield moves with both the payout and the share price, so check the as-of date before relying on either figure.

Is FTEC or SCHG better for dividend income?

It depends on your goals. FTEC currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

Can I hold both FTEC and SCHG?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Is FTEC or SCHG safer?

By Dividend Vision's Distribution Safety Score — a rules-based 0–100 estimate of how resilient a distribution looks, where higher is safer — they are effectively tied: SCHG scores 100, FTEC scores 99. Neither has a clear safety edge on that measure. SCHG has also shown lower price volatility (beta 1.21 vs 1.46 for FTEC). No score makes an investment risk-free — treat this as a screening signal, not a guarantee.

Which has lower fees, FTEC or SCHG?

FTEC has an expense ratio of 0.08% while SCHG charges 0.04%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in FTEC vs SCHG generate?

At current rates, $10,000 in FTEC would generate roughly $3.33 per month ($40.00 annually). The same in SCHG would produce about $3.17 per month ($38.00 annually).

Which has performed better historically, FTEC or SCHG?

FTEC has outpaced SCHG over the trailing twelve months, posting a 40.86% total return against 16.75%. The lead holds up over 10 years too: FTEC has compounded at 24.21% a year, against 18.54% for SCHG. SCHG has been the steadier holding, though — annualized volatility of 19.4% against 24.7% for FTEC. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

More comparisons to explore

FTEC vs SCHG — at a glance

Generated August 29, 2026.

Overview

FTEC and SCHG are both low-cost equity ETFs that track U.S. large-cap indexes, but they slice the market along different dimensions. FTEC captures the information technology sector across all large-, mid-, and small-cap stocks using a modified market-cap-weighted approach. SCHG targets large-cap growth stocks across all sectors using the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. The distinction matters: FTEC is a sector play, while SCHG is a style play spanning the entire market.

How they differ

FTEC's primary exposure is to technology as a sector—it holds companies like Apple, Microsoft, and Nvidia alongside smaller tech names. SCHG casts a broader net across sectors but filters for growth characteristics; its top holdings include tech stocks but also health care and industrial companies classified as growth. The sector concentration difference is fundamental: technology represents roughly one-third of the S&P 500, while SCHG's growth filter spreads exposure across many industries.

FTEC's higher beta of 1.46 versus SCHG's 1.21 reflects this concentration—technology stocks tend to swing harder than the broader market. Both have minimal yields (0.40% and 0.38%) because growth stocks prioritize capital appreciation over dividends. Expense ratios are nearly identical (0.08% vs. 0.04%), though SCHG's $62.4B in assets dwarfs FTEC's $21.3B, a scale advantage that may provide tighter trading spreads. Inception dates differ by roughly four years, with SCHG arriving in 2009 and FTEC in 2013, giving SCHG a longer performance history.

Who each is best for

FTEC: Fits investors who believe U.S. technology fundamentals are strong and want pure-play sector exposure without dilution from non-tech growth stocks. Best suited to portfolios that already own diversified equity and want to overweight a specific sector conviction.

SCHG: Fits investors seeking large-cap growth exposure across the entire market without sector concentration. Designed for those who value broad style-based diversification and lower volatility than a sector-focused approach.

Key risks to know

  • Sector concentration in FTEC. Technology stocks are correlated; a sector-wide downturn in valuations, regulation, or earnings will affect all holdings simultaneously. SCHG's multi-sector growth filter provides more dispersion of risk.
  • Higher volatility in FTEC. A beta of 1.46 means FTEC will amplify market swings roughly 46% more than the broad market. Investors with lower risk tolerance will experience larger drawdowns during equity sell-offs.
  • Growth-style drawdown risk. Both funds are growth-oriented and underperform during value rallies and rising-rate environments. Neither fund includes value anchors to cushion those periods.
  • Technology earnings sensitivity. FTEC's portfolio depends heavily on tech profit margins and capital expenditure cycles. Economic slowdowns or margin compression hit technology stocks harder than the broader market.

Bottom line

If you're building a concentrated sector bet on technology, FTEC offers pure, low-cost exposure with a higher volatility profile. If you prefer growth exposure with diversification across multiple industries, SCHG accomplishes that with a lower expense ratio and gentler beta. Past performance does not predict future results.

AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.

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