Fidelity Blue Chip Value ETF
$41.80−0.21 (−0.50%)
- Expense ratio
- 0.57%
- Fund size
- $190M
- 1Y return
- +27.1%
- Yield · Last 12 months
- 2.39%
- Volume · 30D
- 0M sh
- NAV per share
- $42.13
- 52W range
The ETF.net FBCV Grade
Score 53 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 47Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 72Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 40Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 60Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 70Category rank
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
- —
- 34%
- AMZN
Sectors
- Financials18.6%
- Technology17.3%
- Health Care14.7%
- Consumer Discr.14.4%
- Industrials8.9%
- Cons. Staples8.1%
- Energy8.0%
- Communication4.1%
- Materials2.9%
- Utilities1.7%
- Real Estate1.2%
Geography
- United States88.85%
- United Kingdom6.79%
- Switzerland1.67%
- Canada1.30%
- Ireland0.85%
- Taiwan0.54%
FBCV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +19.0% |
| 1 month | −2.0% |
| 3 months | +7.4% |
| 1 year | +27.1% |
| 3 years | +17.1% |
| 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 | +19.0% | |
| 2025 | +16.4% | |
| 2024 | +10.2% | |
| 2023 | +5.5% | |
| 2022 | −2.3% | |
| 2021 | +26.2% | |
| 2020 | +13.1% |
FBCV in the news
ETF.net Research hasn’t filed on FBCV yet — coverage lands here as it’s written.
FBCV Dividends
- 2.39%
- $1.01
- $0.12 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.12 |
| Jun 18, 2026 | Jun 23, 2026 | $0.12 |
| Mar 20, 2026 | Mar 24, 2026 | $0.14 |
| Dec 19, 2025 | Dec 23, 2025 | $0.63 |
| Sep 19, 2025 | Sep 23, 2025 | $0.13 |
| Jun 20, 2025 | Jun 24, 2025 | $0.16 |
| Mar 21, 2025 | Mar 25, 2025 | $0.14 |
| Dec 20, 2024 | Dec 24, 2024 | $0.13 |
| Sep 20, 2024 | Sep 24, 2024 | $0.15 |
| Jun 21, 2024 | Jun 25, 2024 | $0.15 |
| Mar 15, 2024 | Mar 20, 2024 | $0.13 |
| Dec 15, 2023 | Dec 20, 2023 | $0.13 |
FBCV Risk
- 10.8%
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.
- 1.14
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
- The middle half of US Active Value funds
- Median 0.55%
37 of the 66 US Active Value funds charge less.