FTEC ETF Climbs to $226.76 as Tech Bid Targets $240 High

NYSEARCA:FTEC price and positioning into 2026

NYSEARCA:FTEC price tape right now

NYSEARCA:FTEC is trading at $226.76, up 0.58% on the session (+$1.30).
The prior close sits at $225.46. Today’s range is tight at $226.25–$227.64, which matters because it tells you buyers are defending the mid-$226s instead of waiting for a deeper dip. The 52-week range is wide at $134.14–$240.08. At $226.76, the ETF is about $13.32 below the 52-week high (~5.6% off $240.08) and $92.62 above the 52-week low (~69% above $134.14).
Recent intraday trading over the last week shows price contained roughly $217.97–$227.22, and the fact that $226.76 is pressing the upper end of that short window is the core near-term signal: the market is paying up for tech beta again, not discounting it.

NYSEARCA:FTEC momentum vs the long-cycle return math

The strongest argument for NYSEARCA:FTEC is not a story. It’s the return stack and the compounding.
Trailing performance prints as +20.86% YTD, +16.04% (1Y), +32.92% annualized (3Y), +17.57% annualized (5Y), and +21.97% annualized (10Y). That 10-year number is the defining feature: a ~22% annualized decade is the kind of compounding that turns a “sector tilt” into a portfolio driver.
At $226.76, you are not buying “cheap tech.” You are buying a fund that has already delivered three consecutive strong years into late-2025 and is priced like the market expects the tech profit engine to keep running.

NYSEARCA:FTEC portfolio engine: what actually drives the $226–$240 zone

NYSEARCA:FTEC is built to mirror a U.S. information technology basket with a modified market-cap approach that still reaches into mid and small caps. The fund holds roughly 288–292 stocks (depending on the data cut), which is critical: it is diversified on paper, but it is still top-heavy in practice.
Large caps are about 76% of the ETF, with 13% mid caps and 11% small caps. That large-cap weight is why $226.76 tracks mega-cap sentiment so closely. When the tape is rewarding the top of tech, NYSEARCA:FTEC moves like a concentrated product even though the holdings count is near 300.

NYSEARCA:FTEC sector mix: semiconductors are the spine

At $226.76, you are paying for a portfolio where semiconductors are the largest internal lever. The sub-industry weights show it clearly. Semiconductors sit at 31.26%, Systems Software at 19.78%, Application Software at 14.93%, Semiconductor Equipment at 3.73%, Communications Equipment at 3.65%, IT Consulting at 2.91%, Internet Services at 2.00%, Electronic Equipment at 1.85%, Electronic Components at 1.73%, Electric Manufacturing at 1.32%, and Technology Distribution at 0.63%.
That 31.26% semiconductor exposure is the reason the ETF can swing hard inside a year range like $134.14–$240.08. Semis compress and expand on cycle turns faster than software, and NYSEARCA:FTEC is structurally built to feel that volatility.

NYSEARCA:FTEC valuation and the price you are accepting at $226.76

The fund’s valuation profile explains why $226.76 is “high quality growth,” not “defensive tech.” The portfolio’s P/E (TTM) is 38.87 and price-to-book is 8.59x. Those are premium multiples.
Premium multiples only work when earnings delivery stays ahead of expectations, and when discount rates stop rising. This is why the rate backdrop matters more for NYSEARCA:FTEC than it does for a broad index fund. At $226.76, you are implicitly agreeing that either rates drift lower, or earnings keep surprising higher, or both.

NYSEARCA:FTEC income profile: tiny yield, pure total-return vehicle

NYSEARCA:FTEC is not an income ETF. The 30-day SEC yield is ~0.40% (also shown around 0.39% on peer tables), and the market yield is around 0.42% with an annual distribution rate about 0.40% and an indicated distribution rate around $0.96. The last regular quarterly distribution is listed at about $0.23.
At $226.76, the payout is a rounding error. The entire thesis is capital appreciation. That is why corrections can feel violent: there is no yield cushion to slow down selling when the market de-risks.

NYSEARCA:FTEC structure, costs, and what you actually “pay” to hold it

The cleanest strength in NYSEARCA:FTEC is cost. The expense ratio is 0.08%, which is “institutional cheap” for targeted tech exposure. Turnover is about 9%, which keeps frictions low and supports tax efficiency relative to higher-turnover strategies. Foreign exposure is only ~1.23%, so $226.76 is overwhelmingly a bet on U.S. tech earnings power.
Assets under management are about $16.1B–$16.7B depending on the snapshot, which is plenty of scale for tight execution and stable fund mechanics.

NYSEARCA:FTEC liquidity and execution at the $226 handle

Liquidity is good, but you still trade it like a professional. Reported average daily volume varies by source and measurement window, ranging from roughly ~37.46K shares on one quote snapshot to around ~284K shares and about $62M average dollar volume on another dataset. That gap is usually a “window” issue, not a contradiction.
The practical point at $226.76 is the spread behavior. Typical bid-ask spread is described around $0.05 or less, but it can widen at times. When the spread is more than $0.03, the edge is with limit orders, not market orders. If you scale in size, execution quality matters more than the last penny of price direction.

NYSEARCA:FTEC vs XLK: concentration vs breadth, and why price action differs

The most useful comparison is XLK because it’s the same tech beta expressed differently. XLK runs a much tighter book at roughly 70 holdings versus NYSEARCA:FTEC at ~292. XLK also carries far larger scale at about $91.8B AUM versus ~$16.7B for NYSEARCA:FTEC.
On valuation, the gap is meaningful. NYSEARCA:FTEC is cited around ~38.9x P/E, while XLK is around ~28.6x P/E on the same comparison table. Yield is slightly higher on XLK at about 0.54% versus ~0.39% for NYSEARCA:FTEC.
Performance comparisons show XLK leading over the last five years by about 8.6% cumulative in that dataset, and by about 2.6% over the last year in that same comparison.
So what does that mean at $226.76? NYSEARCA:FTEC is a “broad tech bench” with a semi-heavy spine. XLK is a “more concentrated megacap expression.” When the market pays top dollar for the top names, XLK can edge it. When leadership rotates inside tech, NYSEARCA:FTEC can keep pace with less single-name risk.

NYSEARCA:FTEC correlation tells you what you already suspect: it’s a tech proxy

Correlation data makes the role of NYSEARCA:FTEC explicit. Over a recent 3-month window, NYSEARCA:FTEC correlation is about +91% vs VOO, about +98% vs QQQ, about +99% vs XLK, about +99% vs IYW, and about +91% vs TDIV.
At $226.76, this matters because it limits the “diversification story.” If you already own QQQ, XLK, or a megacap tech basket, NYSEARCA:FTEC adds refinement and structure, not a different engine. It is still a high-beta satellite around the same core factor.

NYSEARCA:FTEC concentration risk: diversification headline, top-heavy reality

Even with nearly 300 holdings, the top of the portfolio dominates outcomes. One analysis notes the top-10 holdings are about 59.1% of the entire ETF, and the top-3 are about 44.3% combined. The top-5 overlap between NYSEARCA:FTEC and XLK is described as identical: NVIDIA (NVDA), Apple (AAPL), Microsoft (MSFT), Broadcom (AVGO), and Palantir (PLTR).
That’s why $226.76 trades like a referendum on a handful of companies. The long tail reduces idiosyncratic blowups, but it does not dilute the mega-cap steering wheel.

NYSEARCA:FTEC macro trigger: why rates matter more than narratives

The core claim tied to NYSEARCA:FTEC at $226.76 is that growth multiples stop compressing if rates fall or even stabilize. If the market leans into declining rates, tech duration becomes an advantage and premium P/E becomes easier to defend. If rates re-accelerate higher, a ~38.87x portfolio P/E becomes a pressure point.
That is why scaling matters here. If you buy all at $226.76, you are taking timing risk on macro. If you scale, you turn a macro bet into an accumulation plan.

NYSEARCA:FTEC price levels that actually matter from the data you provided

The immediate battle zone is the recent ceiling around $227.22–$227.64. A clean hold above that area shifts attention toward the upper band of the 52-week range near $240.08.
On the downside, the short-window floor around $217.97 is the first “momentum damage” marker. If $217–$218 breaks, the ETF is telling you the market is de-rating tech beta, not just digesting gains.
At $226.76, you are closer to resistance than support. That doesn’t invalidate the long thesis, but it changes the risk/reward for fresh entries.

NYSEARCA:FTEC verdict on the price, after the numbers

At $226.76, NYSEARCA:FTEC is a Hold leaning Buy on pullbacks, not a blind chase. The fund’s case is strong because the structure is cheap (0.08%), diversified in count (~292 holdings), and historically powerful in compounding (~21.97% annualized over 10 years, ~17.57% over 5 years, ~32.92% over 3 years).
The restraint comes from what the price implies: a premium valuation (P/E ~38.87) and a position near the top of the recent range ($217.97–$227.64) with the 52-week high at $240.08 already in view. That setup is bullish, but it is also where corrections are born if rates or mega-cap guidance disappoint.
If the tape gives you $217–$222, that is where the reward improves materially. If price breaks and holds above $227.64, the market is effectively pricing a continuation move toward $240.08 and you treat it as a momentum-led extension, not a value entry.

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