FTEC
Fidelity MSCI Information Technology Index ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for FTEC (Fidelity MSCI Information Technology Index ETF) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -30.4% (compared to the benchmark's drawdown of -35.0%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 15.3%, compared to a Buy-and-Hold benchmark return of 22.9%. The strategy executed 10 total trades.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200) Active
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Investment Objective
🛡️ Long-Term Investing Active
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
Switch to MMA to enable
FTEC Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 10.13% | 32.96% | 5.96% | 17.96% | 17.30% | 24.00% | 15.28% | 22.87% |
| Sharpe Ratio | 0.43 | 1.21 | 0.30 | 0.65 | 0.83 | 0.86 | 0.75 | 0.84 |
| Max Drawdown | -16.26% | -16.26% | -30.44% | -34.95% | -30.44% | -34.95% | -30.44% | -34.95% |
| % Time Invested | 93.7% | 100.0% | 73.2% | 100.0% | 82.7% | 100.0% | 81.4% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 1.0 | 0.0 | 0.8 | 0.0 | 0.9 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2026-03-31 | 2026-04-23 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-07-01 | 2026-03-31 | Completed | 100% | $195.72 | $201.74 | 3.03% | Stop | |
| 2025-04-07 | 2025-07-01 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.99% | Interest Income | |
| 2025-04-02 | 2025-04-07 | Completed | 100% | $159.38 | $135.18 | -15.23% | Signal | |
| 2025-03-11 | 2025-04-02 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-08-28 | 2025-03-11 | Completed | 100% | $169.61 | $161.80 | -4.66% | Stop | |
| 2024-08-06 | 2024-08-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2023-01-18 | 2024-08-06 | Completed | 100% | $98.39 | $153.10 | 55.53% | Stop | |
| 2022-03-11 | 2023-01-18 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.22% | Interest Income | |
| 2022-02-16 | 2022-03-11 | Completed | 100% | $118.95 | $110.86 | -6.85% | Signal | |
| 2022-01-25 | 2022-02-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2020-06-01 | 2022-01-25 | Completed | 100% | $73.62 | $114.00 | 54.76% | Stop | |
| 2020-04-24 | 2020-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-24 | 2020-04-24 | Completed | 100% | $55.69 | $65.18 | 16.97% | Signal | |
| 2020-03-02 | 2020-03-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2019-02-20 | 2020-03-02 | Completed | 100% | $52.96 | $67.42 | 27.23% | Stop | |
| 2018-11-21 | 2019-02-20 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.56% | Interest Income | |
| 2016-03-22 | 2018-11-21 | Completed | 100% | $29.70 | $48.35 | 62.72% | Stop | |
| 2016-01-21 | 2016-03-22 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.05% | Interest Income | |
| 2015-11-24 | 2016-01-21 | Completed | 100% | $30.63 | $27.08 | -11.64% | Stop | |
| 2015-10-16 | 2015-11-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |