FTEC

FTEC is a passive sector ETF built to mirror the U.S. Information Technology sector by tracking the MSCI USA IMI Information Technology 25/50 Index.

It uses market-cap weighting and a representative sampling approach, meaning it may not hold every index stock but aims to behave like the index.

The underlying index applies 25/50 diversification limits to keep any single mega-cap name (and the group of other large names) from overwhelming the portfolio beyond regulated thresholds.