Here's How Much You Would Have Made Owning Fidelity MSCI Information Technology Index ETF Stock In The Last 5 Years

Fidelity MSCI Information Technology Index ETF (NYSE:FTEC) has outperformed the market over the past 5 years by 4.01% on an annualized basis producing an average annual return of 15.1%. Currently, Fidelity MSCI Information Technology Index ETF has a market capitalization of $15.68 billion.

Buying $100 In FTEC: If an investor had bought $100 of FTEC stock 5 years ago, it would be worth $203.17 today based on a price of $216.84 for FTEC at the time of writing.

Fidelity MSCI Information Technology Index ETF's Performance Over Last 5 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.