Here's How Much You Would Have Made Owning Fidelity MSCI Information Technology Index ETF Stock In The Last 20 Years
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The Fidelity MSCI Information Technology Index ETF (NYSE:FTEC) has outperformed the market by 1.09% annually over the past 20 years, yielding an average return of 10.27%. With a market cap of $19.51 billion, a $100 investment in FTEC 20 years ago would now be worth $711.32, highlighting the impact of compounded returns on investment growth.
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