Fidelity Blue Chip Value ETF
$42.24+0.03 (+0.07%)
- 0.57%
- $184M
- +29.7%
- 2.38%
- 0M sh
- $42.17
- low $33.41high $43.49
The ETF.net FBCV Grade
C
Score 54 out of 100
- 29 of 66
Score 54 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.C47 out of 100Rank 33 of 66Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 9 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 42 of 66Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B63 out of 100Rank 28 of 66Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 16 of 66
Our read on FBCV
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.
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.institutional.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 Holdings
- Stocks
- 114
- 33%
- AMZN
Sectors
- Financials18.0%
- Technology16.8%
- Health Care15.7%
- Consumer Discretionary13.5%
- Industrials8.7%
- Consumer Staples8.2%
- Energy8.0%
- Communication4.5%
- Materials4.0%
- Utilities1.5%
- Real Estate1.1%
Geography
- United States88.64%
- United Kingdom7.01%
- Switzerland1.49%
- Canada1.39%
- Ireland0.95%
- Taiwan0.52%
FBCV Performance
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$12,975
Returns run to the Oct 12, 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.
| Period | FBCV |
|---|---|
| Year to date | +19.5% |
| 1 month | −0.5% |
| 3 months | +4.7% |
| 1 year | +29.7% |
| 3 years | +18.1% |
| 5 years | +11.1% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FBCV |
|---|---|---|
| 2026 YTD | +19.5% | |
| 2025 | +16.4% | |
| 2024 | +10.2% | |
| 2023 | +5.5% | |
| 2022 | −2.3% | |
| 2021 | +26.2% | |
| 2020 | +13.1% |
FBCV in the news
FBCV Dividends
- 2.38%
- $1.01
- $0.12 per share
- Quarterly
Distribution history
FBCV Risk
- 11.0%
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.
- 1.06
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.
- −15.5%
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.
- 0.61
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FBCV Cost
0.57%
FBCV0.57%
- The middle half of US Active Value funds
- Median 0.55%
37 of the 66 US Active Value funds charge less.
Other funds in US Active Value
- BITANSparkline Intangible Value ETFExpense ratio 0.50%1 year return +31.9%
- BLVDSJPMorgan Fundamental Data Science Large Value ETFExpense ratio 0.51%1 year return +28.6%
- CDVALBrandywineGLOBAL-Dynamic US Large Cap Value ETFExpense ratio 0.49%1 year return +16.2%
- CTMVEThrivent ETF Trust - Thrivent Mid Cap Value ETFExpense ratio 0.55%1 year return —
- CGVLEGoldman Sachs Value Opportunities ETFExpense ratio 0.45%1 year return —