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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.

Updated October 16, 2026

How these figures are calculated: methodology.

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

100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.

FTEC has outpaced SCHG over the trailing twelve months, posting a 27.26% total return against 11.41%. The lead holds up over 10 years too: FTEC has compounded at 23.93% a year, against 18.63% for SCHG. SCHG has been the steadier holding, though — annualized volatility of 19.4% against 24.8% 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.
SymbolYTD cumulative1Y cumulative3Y annualized5Y annualized10Y annualizedSince Oct 2013Volatility Sharpe Sortino Max drawdown
FTEC26.57%27.26%31.42%18.73%23.93%21.69%24.8%0.941.34-27.3%
SCHG8.29%11.41%23.64%13.32%18.63%16.52%19.4%0.881.27-23.4%

Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of October 16, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Oct 2013” measures every fund from October 24, 2013 — the start of shared available history — 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$283.46 as of October 16, 2026$35.21 as of October 16, 2026
Distribution rate0.47%0.42%
Trailing 12-month yield0.39%0.39%
Distribution Safety Score™ 9697
Safety-Adjusted Yield 0.45%0.41%
Expense ratio0.084%0.04%
AUM$22.1B$63.0B
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
Beta1.441.22
Last dividend$0.332$0.037
Ex-dividend date09/18/202609/23/2026

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 ratio0.084%0.04%
Fund size$22.1B$63.0B
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Income calculator

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Fidelity Investments
ETFs85
Total AUM$210B

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 ETFs from Fidelity Investments
Schwab
ETFs33
Total AUM$616B

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

Schwab offers ETFs across U.S. and international equities, fixed income, and other investment categories. Its dividend-focused lineup includes SCHD, which seeks to track the Dow Jones U.S. Dividend 100 Index and selects dividend-paying U.S. companies for fundamental strength. Fund objectives and tracked indexes differ across the lineup.

See our curated list of related YouTube videos on SCHG.

See all ETFs from Schwab

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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 0.47% vs 0.42% 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 0.084%.

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 ($63.0B), but assets alone do not establish trading costs or liquidity.

Deep dive

Yield & income

On a $10,000 investment, FTEC would generate roughly $11.75 cash per distribution, while SCHG would produce $10.50 cash per distribution, at current distribution rates. Both pay quarterly distributions.

FTEC yield0.47%
SCHG yield0.42%
Cash diff on $10K$1.25

Cost & efficiency

Over 10 years on $10,000, FTEC would cost approximately $84 in fees vs $40 for SCHG (simplified, not compounded). The $44.00 difference may be offset by yield or performance.

FTEC ER0.084%
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 1.44 for FTEC and 1.22 for SCHG, making SCHG the less volatile of the two by this measure.

FTEC beta1.44
SCHG beta1.22

Fund details

FTEC is managed by Fidelity Investments (launched 10/21/2013) with $22.1B in assets. SCHG is managed by Schwab (launched 12/11/2009) with $63.0B in assets.

FTEC AUM$22.1B
SCHG AUM$63.0B
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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 0.084% versus 0.04%; size is $22.1B versus $63.0B. Distributions are 0.47% and 0.42% as of October 2026. Sector versus style is the split.

What is the current distribution rate for FTEC and SCHG?

FTEC currently distributes 0.47% and SCHG 0.42%, based on fund data updated October 2026. Distribution rate 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 97, FTEC scores 96. Neither has a clear safety edge on that measure. SCHG has also shown lower price volatility (beta 1.22 vs 1.44 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 0.084% 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 $11.75 cash per distribution ($47.00 annually). The same in SCHG would produce about $10.50 cash per distribution ($42.00 annually).

Which has performed better historically, FTEC or SCHG?

FTEC has outpaced SCHG over the trailing twelve months, posting a 27.26% total return against 11.41%. The lead holds up over 10 years too: FTEC has compounded at 23.93% a year, against 18.63% for SCHG. SCHG has been the steadier holding, though — annualized volatility of 19.4% against 24.8% 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 October 17, 2026.

Overview

FTEC and SCHG are both large-cap U.S. equity ETFs that track modified market-cap-weighted indexes, but they differ in sector focus and growth orientation. FTEC concentrates solely on information technology through the MSCI USA IMI Information Technology Index, while SCHG holds the 750 largest U.S. growth stocks across all sectors via the Dow Jones U.S. Large-Cap Growth Index. The choice between them hinges on whether you want pure tech exposure or diversified growth exposure.

How they differ

The biggest difference is scope: FTEC is a sector-specific bet on technology, while SCHG is a broad large-cap growth fund. This means FTEC's returns rise and fall with tech's fortunes alone, whereas SCHG's performance reflects growth dynamics across the entire market—healthcare, financials, industrials, and other sectors alongside technology.

Second, SCHG is substantially larger, with $63.0B in assets versus $22.1B for FTEC, and carries a lower expense ratio of 0.04% compared to 0.084%. Both are cheap in absolute terms, but the gap is 0.04% basis points in SCHG's favor.

Third, FTEC exhibits higher beta—1.44 versus 1.22—reflecting greater volatility relative to the broader market. This makes sense: tech stocks swing harder than the diversified growth universe.

Who each is best for

FTEC: Fits investors with a multi-year horizon who believe information technology will drive returns and are comfortable with concentrated sector exposure. Works well as part of a broader portfolio where technology is deliberately overweighted.

SCHG: Designed for investors seeking large-cap growth exposure without sector concentration. Suits those who prefer diversification across growth-oriented names in any industry and want lower fees with a larger, more established fund.

Key risks to know

  • Sector concentration (FTEC). Holding only technology means FTEC's value depends entirely on how the sector performs. A sustained tech downturn—whether from regulatory pressure, earnings disappointment, or rotation into other areas—directly impacts returns with no offsetting strength elsewhere in the portfolio.
  • Valuation sensitivity. Both funds hold growth stocks that are sensitive to rising interest rates and shifting market sentiment around future earnings. Higher discount rates tend to pressure valuations in both portfolios.
  • Beta and volatility (FTEC). FTEC's 1.44 beta indicates it swings about 44% more sharply than the market in both directions. Investors with low risk tolerance or short time horizons may find that amplified volatility difficult to manage.
  • Technology sector cyclicality. FTEC's exposure means it is vulnerable to cyclical downturns specific to tech—supply constraints, semiconductor cycles, or shifts in spending on software and hardware that don't affect broader growth equities the same way.

Bottom line

If you want pure-play technology exposure and can tolerate higher volatility, FTEC's tight focus and low cost deliver that strategy. If you prefer diversified large-cap growth without sector betting, SCHG's larger asset base, lower fees, and cross-sector holdings offer a smoother ride. Past performance doesn't guarantee future results, and both funds' returns will depend on how growth stocks perform relative to the rest of the market over your holding period.

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

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Dividend growth vs. high yield Yield on cost, explained How expense ratios eat returns

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These comparisons follow the Dividend Vision methodology.