RSI readings at 58 indicate balanced momentum, while moving averages (50-day over 200-day) signal a continued uptrend across the broader technology equity sector. Fidelity MSCI Information Technology Index ETF (FTEC): ETF Research Reports Over a 10-year period , a $10,000 investment in FTEC has grown to $80,630 , outperforming both the Invesco QQQ Trust (QQQ) , which reached $62,820 , and the SPDR S&P 500 ETF (SPY) , which climbed to $40,650 . The ETF’s annualized 10-year return of 23.20% far exceeds the S&P 500’s 18.57% , driven by consistent innovation cycles across its core holdings. The fund’s beta of 1.22 suggests slightly elevated volatility relative to the broader market, though its yield of 0.41% and quarterly dividend of $0.90 per share provide a modest income stream. FTEC’s 2024 return of 29.40% and 2023 gain of 53.30% underscore the enduring strength of its holdings through multiple AI investment waves. Technical traders note "FTEC stock price forecast" gaining from repetitive channel breakout signals, with volume spikes accompanying upward price gaps since early June.
