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Launched · SEC filings

Fidelity Blue Chip Value ETF

FBCVCboeFidelityC

$43.93+0.27 (+0.61%)

As of Nov 2, 2026, 3:59 PM ET

C52/ 100

Rank 32 of 66 in US Active Value

C52/100Rank 32 of 66inUS Active Value
Intraday session: up, 79 prints from 43.66 to 43.93. Range 43.86 to 44.07. Use the arrow keys to read each point.43.8044.0010 AM12 PM2 PM4 PM
Expense ratio
0.57%
Fund size
$184M
1Y total return
+29.6%
Yield · Last 12 months
2.30%
Holdings
114
Avg volume · 30D
16.2K sh
52W range
low $34.16high $43.85
Launched
Filings
SEC EDGAR

The ETF.net FBCV Grade

Based on 5 of 6 pillars

C

Score 52 out of 100

Category
US Active Value⁠
Rank
32 of 66
Six-pillar profile for FBCV. Scores out of 100: Cost 41, Risk 75, Mission not scored, Tradability 44, Holdings 61, Durability 69. Strongest: Risk (75). Weakest: Cost (41). Based on 5 of 6 pillars.

Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C41 out of 100
    Rank 36 of 66

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A75 out of 100
    Rank 7 of 65

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 39 of 66

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B61 out of 100
    Rank 29 of 66

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B69 out of 100
    Rank 17 of 66

Our read on FBCV

ETF.net Research

In short

CA stock-picker's value fund, not a screen. Fidelity's managers run a concentrated book of large caps they judge to be trading well below what the businesses are worth, in an aisle crowded with cheap rules-based rivals.

Stated mandate

The fund seeks capital appreciation through a concentrated, large-cap value strategy focused on companies trading meaningfully below estimated intrinsic value and offering a margin of safety.

Why people hold it

  • Genuinely active: a concentrated portfolio of large caps the managers judge to be trading meaningfully below intrinsic value, with a margin of safety, rather than a rules-based screen.fidelity.com
  • Holdings quality and risk profile both land in the upper half of its active US value peer group.
  • Live since 2020, so there's a real record to judge instead of a backtest, and the fund pays out quarterly.

Worth knowing

  • 0.57% is active pricing. Systematic value rivals in the same peer group charge a fraction (AVLV 0.15%, WTV 0.12%), a gap the stock picking has to cover.
  • Trades lightly and stays modest in size, so bid-ask spreads can run wider than at the category's household names.
  • Concentrated by design: individual stock calls move results more than they would in a broad value index.

FBCV Performance

Launched Jun 2, 2020

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
FBCV$12,964
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FBCV $12,964. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FBCV. Periods over one year show the average yearly return.
PeriodFBCV
Year to date+23.5%
1 month+5.9%
3 months+4.6%
1 year+29.6%
3 yearsper year+20.0%
5 yearsper year+11.0%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FBCV
YearReturn barFBCV
2026 YTD+23.5%
2025+16.4%
2024+10.2%
2023+5.5%
2022−2.3%
2021+26.2%
2020+13.1%

History from Jun 5, 2020

FBCV in the news

FBCV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
2.30%Last 12 months
Payout per share
$1.01Last 12 months
Last payment
$0.12 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2020–2026

One bar per payment. 26 payments from 2020 to 2026 YTD. Jun 19, 2020 $0.01; Sep 18, 2020 $0.05; Dec 18, 2020 $0.04; Mar 19, 2021 $0.07; Jun 18, 2021 $0.08; Sep 17, 2021 $0.09; Dec 17, 2021 $0.68; Mar 18, 2022 $0.09; Jun 17, 2022 $0.11; Sep 16, 2022 $0.10; Dec 16, 2022 $0.27; Mar 17, 2023 $0.10; Jun 16, 2023 $0.14; Sep 15, 2023 $0.13; Dec 15, 2023 $0.13; Mar 15, 2024 $0.13; Jun 21, 2024 $0.15; Sep 20, 2024 $0.15; Dec 20, 2024 $0.13; Mar 21, 2025 $0.14; Jun 20, 2025 $0.16; Sep 19, 2025 $0.13; Dec 19, 2025 $0.63; Mar 20, 2026 $0.14; Jun 18, 2026 $0.12; Sep 18, 2026 $0.12. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.12
Jun 18, 2026Jun 23, 2026$0.12
Mar 20, 2026Mar 24, 2026$0.14
Dec 19, 2025Dec 23, 2025$0.63
Sep 19, 2025Sep 23, 2025$0.13
Jun 20, 2025Jun 24, 2025$0.16
Mar 21, 2025Mar 25, 2025$0.14
Dec 20, 2024Dec 24, 2024$0.13
Sep 20, 2024Sep 24, 2024$0.15
Jun 21, 2024Jun 25, 2024$0.15
Mar 15, 2024Mar 20, 2024$0.13
Dec 15, 2023Dec 20, 2023$0.13

See all 26 payments⁠

$10,000 in FBCV 5 years ago paid $1,256 in dividends.⁠

FBCV Risk

Risk pillarA75 out of 100Rank 7 of 65 in US Active Value
How much the fund’s monthly returns vary, scaled to a year.
11.1%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.30
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−15.5%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.61
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

FBCV Cost

Compare FBCV and WTV

Overpaying vs WTV, cheapest in US Active Value

$8,751

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FBCV 0.57%

    $11,271

  • WTV 0.12% Cheapest

    $2,520

$10,000
30 years

Cost over time

  • FBCV 0.57%
  • WTV 0.12%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530FBCV $11,271WTV $2,520

Year by year

YearFBCVWTVOverpaying
10$1,023$220$803
20$3,921$859$3,062
30$11,271$2,520$8,751

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