FTEC

ETF

Fidelity MSCI Information Technology Index ETF

One email when a drop — in price or in valuation — is historically rare for FTEC. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

Fidelity MSCI Information Technology Index ETF is 12.9% off its high — deeper than its 2.5% average pullback, but it has been through 227 drawdowns before. Not historically significant yet — we'll say so if that changes.

Price $269.86 · as of Nov 12, 2026All-time high $309.95Drawdown -12.9%Severity Score™ 3.0Is the broader market down too?
🟡

Elevated

Current Drawdown

ⓘ

-12.9%

Days in Drawdown

ⓘ

27

Avg Max Drawdown

ⓘ

2.5%

Avg Length

ⓘ

18

Drawdown Severity Score™

3.0

FTEC - Price & High Water Mark

Loading chart…

FTEC - Drawdown Timeline

Loading chart…

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Fidelity MSCI Information Technology Index ETF (FTEC) Analysis: Current Drawdown Insights

Fidelity MSCI Information Technology Index ETF is currently in a drawdown that is unusual by its own historical standards. As of 2026-11-12, the fund is trading at $269.86, which represents a 12.9% decline from its all-time high of $309.95. This drawdown has persisted for 27 days.

FTEC by the numbers

  • The last time FTEC fell this far was the decline that began in Oct 2025. It bottomed at 16% and took 6 months to get back to its high.
  • Only 8 declines since 2013 went deeper than today's 13%.
  • Over the past 10 years, FTEC spent 17% of trading days further below its high than it is now.
  • Since 2013, FTEC has fallen 20% or more 4 times, about one every 3 years, and 30% or more 2 times.

The Drawdown Severity Score™ for Fidelity MSCI Information Technology Index ETF currently stands at 3.04. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

New to drawdowns? Read what a drawdown is.

📜 Historical Drawdown Events

Current drawdown shown in blue. Below are 21 of FTEC's larger declines from its 227 tracked pullbacks, newest first.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-10-16Ongoing27 days-12.9%$309.95$269.86n/a
2025-10-302026-04-17170 days-16.3%$238.18$199.44$240.29
2024-12-172025-06-25190 days-27.3%$191.43$139.17$193.07
2024-07-112024-10-1496 days-15.2%$178.89$151.63$179.56
2024-03-082024-05-1568 days-9.4%$155.79$141.14$157.89
2023-12-292024-01-1821 days-5.0%$142.76$135.57$143.62
2021-12-282023-11-20693 days-35.0%$133.80$87.04$135.49
2021-09-072021-10-2145 days-7.4%$122.83$113.78$122.92
2021-04-272021-06-2257 days-9.3%$110.86$100.51$111.78
2021-02-162021-04-0952 days-10.8%$108.54$96.81$109.16
2020-09-032020-12-0190 days-12.3%$96.07$84.23$96.24
2020-06-112020-06-2212 days-5.8%$78.44$73.92$78.69
2020-02-202020-06-09110 days-31.9%$77.13$52.53$77.31
2019-07-252019-10-2896 days-8.5%$62.65$57.30$63.13
2019-05-062019-07-0157 days-10.7%$59.78$53.37$60.01
2018-08-302019-03-21204 days-24.1%$56.85$43.13$56.99
2018-03-132018-06-0181 days-9.7%$52.35$47.28$52.89
2018-01-292018-02-2629 days-10.3%$50.74$45.51$50.99
2015-12-072016-07-20226 days-16.4%$31.22$26.10$31.59
2015-05-282015-10-23149 days-14.0%$30.46$26.20$30.58
2014-12-292015-02-1246 days-6.0%$29.25$27.50$29.32
2014-09-192014-10-3143 days-8.7%$27.57$25.16$27.58

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

Know the Moment Severity Changes

Since 2016, 76% of 1,140 Strong Buy and Ultra Buy alerts are in profit, up 204% on average vs 141% for the S&P 500 over the same windows (typical alert +84% vs +111%).

See every alert, losers included • Simulated, past results do not predict future results

Monitor 3 stocks free · No credit card required

Or explore current drawdowns:

FTEC Price History and Drawdown Data

Latest price

$269.86

High-water mark

$309.95

Current drawdown

-12.9%

Days in drawdown

27

What History Says About FTEC

Fidelity MSCI Information Technology Index ETF has dropped 15%+ from its high 7 times in its tracked history. These events lasted an average of 241 days with an average max drop of -23.7%.

The current drawdown of -12.9% has lasted 27 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Dec 2021 to Nov 2023-35.0%693 days
Feb 2020 to Jun 2020-31.9%110 days
Dec 2024 to Jun 2025-27.3%190 days
Aug 2018 to Mar 2019-24.1%204 days
Dec 2015 to Jul 2016-16.4%226 days
Oct 2025 to Apr 2026-16.3%170 days

Past Strong Buy alerts for FTEC

In our simulation, FTEC has not had a Strong Buy or Ultra Buy alert since 2016.

See the full track record, losers included

Put FTEC on your shopping list

We stay quiet on normal days. One free email on the rare day Fidelity MSCI Information Technology Index ETF falls further than it almost ever falls — the day that may be worth your attention.

No password. Free for up to 3 stocks. One-click unsubscribe.

By tapping the link in our email you agree to our Terms and Privacy Policy.

Related Articles

View all articles

ETFs in a similar drawdown

These are the tracked ETFs whose current drawdown from their prior high is closest to FTEC's. Percentages are each one's current drawdown. This is a comparison list, not a recommendation.

Browse all stocks A to Z

ETFs that usually fall about as much as FTEC

Ranked by the average size of each one's declines from a high over its tracked history. FTEC's average is 2.5%. This is a comparison list, not a recommendation.

Learn More About Drawdowns

About this data

Source
Adjusted daily closing prices from Yahoo Finance, so splits and dividends don't show up as drops.
Coverage
Oct 24, 2013 to Nov 12, 2026, about 13 years. 227 declines from a high recorded for FTEC.
Updated
After each U.S. trading day closes. This page shows the close of Nov 12, 2026.
How it's calculated
A drawdown runs from a closing high to the next new high. See the methodology and how the Severity Score works.

Published by DrawdownAlerts. Historical facts only, not investment advice.