If You Invested $100 In Fidelity MSCI Information Technology Index ETF Stock 5 Years Ago, You Would Have This Much Today
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Fidelity MSCI Information Technology Index ETF (NYSE:FTEC) has outperformed the market by 6.61% annually over the past 5 years, yielding an average return of 17.83%. With a market cap of $18.17 billion, a $100 investment in FTEC five years ago would now be worth $229.38, based on the current price of $249.98. This highlights the significant impact of compounded returns on investment growth over time.
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