FBCG vs FELG: Grades, Fees and Holdings Compared

Fidelity Blue Chip Growth ETF

FBCGBCboe

Fidelity Enhanced Large Cap Growth ETF

FELGANYSE Arca

Overlap

64.4%by weight

Expense ratio

FELG −0.39pt a year

FBCG0.57%FELG0.18%

Avg volume · 30D

FBCG 1.8×the volume

FBCG660KFELG368K

FBCG vs FELG Performance

Nov 7, 2025 – Nov 9, 2026

+7.0%FBCG−0.2%FELG

Expense ratio: FBCG 0.57%; FELG 0.18%, better
Fund size: FBCG $7.31B; FELG $5.44B
1Y total return: FBCG +7.0%, better; FELG −0.2%
Yield (12M): FBCG 0.03%; FELG 0.38%, better
Holdings: FBCG 204; FELG 137
Avg volume (30D): FBCG 660K sh, better; FELG 368K sh
NAV per share: FBCG $57.62; FELG $41.08
52W range

ETF.net Grade

Pillar letters and Scores for FBCG, FELG, with each pillar’s weight
Pillar	FBCG	FELG
Cost30% weight	C47	A99Higher
Mission25% weight	Not scored	A82
Risk15% weight	C44	C53Higher
Tradability15% weight	A77	A93Higher
Holdings10% weight	C50	C53Higher
Durability5% weight	A94	A95Higher

Rank among US Active Growth funds

How we build Categories ›

Same Category. FBCG and FELG are both graded against the same 90 US Active Growth funds, so their Grades compare head to head.

US Active Growth⁠

Category · 90 funds

See all 90 ›

FELG ranks 4th and FBCG 34th of 90 funds in the US Active Growth Category.

Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
Rank 3ALRGCAB US Large Cap Strategic Equities ETFScore 83
Rank 4AFELGFidelity Enhanced Large Cap Growth ETFScore 82
Rank 5AGQQQAstoria US Quality Growth Kings ETFScore 77
Rank 34BACGRAmerican Century Large Cap Growth ETFScore 55
Rank 34BFBCGFidelity Blue Chip Growth ETFScore 55
Rank 34CMFIGMotley Fool Innovative Growth ETFScore 55

Our read on each fund

ETF.net Research

FBCGBFidelity Blue Chip Growth ETF

FELGAFidelity Enhanced Large Cap Growth ETF

In short

FBCG Fidelity took its Blue Chip Growth stock-picking and put it in a ticker. Active, concentrated, US large-cap growth: a manager hunting well-known, well-capitalized companies with above-average growth potential, not an index basket.

FELG Active stock-picking on an index-fund budget. FELG charges 0.18% to tilt around the Russell 1000 Growth Index rather than copy it, running a strategy whose track record dates to 2007.

Stated mandate

FBCG The fund seeks long-term capital growth, with income as a secondary objective.

FELG The fund seeks capital appreciation and normally invests at least 80% of its assets in common stocks included in the Russell 1000® Growth Index.

Why people hold it

FBCG The mandate is plain: long-term growth of capital, income second, US-listed companies, with at least 80% of assets in blue chip names. A concentrated book, not an index clone.yahoo.com
Actively traded and a multi-billion-dollar fund, so getting in and out during market hours is rarely the hard part with this one.
Live since 2020, and it lands in the upper half of its active US large-cap growth peer group on our overall read.

FELG 0.18% a year, roughly a third of the typical fee among active US growth-conviction funds.
Not a moonshot: at least 80% of assets sit in Russell 1000 Growth constituents across about 110 stocks, so the manager's bets are tilts around a familiar benchmark.fidelity.com
One of the strongest implementations in its peer group, and cheaper than most of the other top-graded names there (GUSE and MAGS at 0.30%, LRGC at 0.39%).
A multi-billion-dollar fund from Fidelity with steady on-screen liquidity, and it pays quarterly.

Worth knowing

FBCG 0.57% a year sits a touch above the typical active US growth ETF, and Fidelity's own FELG aims at large-cap growth for 0.18%.
Concentration cuts both ways: with only a few dozen growth names, single stock calls move this fund harder than they would a broad index basket.
Income is an afterthought by design. Distributions land once or twice a year, not quarterly.

FELG Concentrated by design: roughly 110 large-cap growth names, so the megacap tech leaders at the top of the Russell 1000 Growth Index drive the ride both ways.
Active means the portfolio deviates from the index on purpose, so results can land on either side of it.
Not the cheapest seat in the cohort: JUSA runs 0.12%, though its mandate is broad large-cap rather than the growth slice.

Full FBCG profile⁠

Full FELG profile⁠

FBCG vs FELG Holdings

How FBCG and FELG differ

Overlap by weight

64.4%

Shared holdings make up 81.4% of FELG and 76.0% of FBCG.

Level by level

Holdings56 in both64.4%
Sector11 Sectors92.1%
Countryby domicile96.0%
Asset classStocks100%

Sector

Sector weights in FBCG and FELG, widest gap first
Sector	Gap	FBCG	FELG
Consumer Discretionary	FBCG +4.9 points	11.0%	6.1%
Financials	FELG +3.9 points	2.5%	6.4%
Industrials	FELG +3.6 points	5.1%	8.7%
Communication	FBCG +1.1 points	15.1%	14.0%
Technology	FBCG +0.8 points	57.4%	56.6%
Real Estate	FBCG +0.6 points	0.7%	0.1%
Consumer Staples	FBCG +0.4 points	1.0%	0.6%
Materials	FELG +0.3 points	0.3%	0.6%
Health Care	FBCG +0.1 points	6.7%	6.6%
Utilities	Same weight	0.0%	0.0%
Energy	Same weight	0.2%	0.2%

Country, concentration and asset class

Country by domicile

Country weights in FBCG and FELG, widest gap first
Country	Gap	FBCG	FELG
United States	FELG +4.1 points	95.9%	100.0%
Canada	FBCG +1.6 points	1.6%	0.0%
Taiwan	FBCG +1.2 points	1.2%	0.0%
Other countries (7)	FBCG +1.3 points	1.3%	0.0%

Concentration

Weight in the 10 largest Holdings

FBCG57.7%
FELG57.7%

Securities held

FBCG204
FELG135

Asset class

FBCG: Stocks
FELG: Stocks

Holdings

Only in FBCG148
In both56
Only in FELG79

Only in FBCG

148 securities, 24.0% of FBCG by weight

Marvell Technology Inc1.29%
Taiwan Semiconductor Manufacturing Co Ltd ADR1.21%
Monolithic Power Systems Inc0.85%
SharkNinja Inc0.72%
Celestica Inc (United States)0.70%
Twilio Inc Class A0.66%
Astera Labs Inc0.66%
AppLovin Corp Class A0.64%
Welltower Inc0.61%
Target Corp0.53%
Boeing Co0.45%
AbbVie Inc0.41%
Robinhood Markets Inc Class A0.41%
SK Hynix Inc ADR0.40%
Delta Air Lines Inc0.40%
United Airlines Holdings Inc0.37%
Carvana Co Class A0.37%
Dell Technologies Inc Class C0.35%
Victoria’s Secret & Co0.34%
Chipotle Mexican Grill Inc0.32%
ASML Holding NV depository receipt0.32%
Cerebras Systems Inc Class A0.31%
Aritzia Inc Subordinate Voting Shares0.30%
TJX Cos Inc/The0.29%
Brinker International Inc0.29%
Coherent Corp0.28%
DoorDash Inc Class A0.28%
Lowe’s Cos Inc0.27%
Shopify Inc Class A0.26%
Corning Inc0.25%
Johnson & Johnson0.24%
Moderna Inc0.23%
Hilton Worldwide Holdings Inc0.21%
Goldman Sachs Group Inc/The0.20%
Affirm Holdings Inc Class A0.19%
Bloom Energy Corp Class A0.19%
Amer Sports Inc0.18%
Marriott International Inc/MD Class A10.17%
Reddit Inc Class A0.17%
ROBLOX Corp Class A0.17%
Teradyne Inc0.15%
Rh0.15%
MACOM Technology Solutions Holdings Inc0.15%
Illumina Inc0.15%
Twist Bioscience Corp0.14%
IES Holdings Inc0.14%
ExxonMobil Holdings Corp0.14%
TTM Technologies Inc0.14%
Alnylam Pharmaceuticals Inc0.13%
Axon Enterprise Inc0.13%

Only in FELG

79 securities, 18.1% of FELG by weight

Texas Instruments Inc1.23%
Trane Technologies PLC0.81%
Applied Materials Inc0.77%
Adobe Inc0.76%
Kla Corp0.70%
Unity Software Inc0.67%
Fortinet Inc0.62%
Expedia Inc0.59%
Schwab Charles Corp0.59%
Bank of New York Mellon Corp0.57%
Bristol-Myers Squibb Co0.56%
Ecolab Inc0.55%
Bank of America Corporation0.53%
Rtx Corp0.53%
Atlassian Corp PLC Cls A0.47%
Chime Financial Inc0.44%
Cisco Systems Inc0.43%
Hubspot Inc0.40%
Keysight Technologies Inc0.39%
Veralto Corp0.39%
Lyft Inc0.39%
Incyte Corp0.35%
Eaton Corp PLC0.32%
Quanta Svcs Inc0.28%
Zoom Communications Inc Class A0.27%
Docusign Inc0.27%
Maplebear Inc0.25%
Securities Lending Cf0.23%
S&P Global Inc0.22%
Johnson Controls Internatl PLC0.21%
Draftkings Holdings Inc0.21%
Technipfmc PLC0.20%
Oscar Health Inc - Class A0.19%
Merck & Co Inc New0.17%
Veeva Sys Inc Class A0.16%
Exelixis Inc0.14%
Griffon Corp0.14%
Intl Bus Mach Corp0.13%
Progressive Corp Ohio0.13%
Netapp Inc0.12%
Ebay Inc0.11%
Anglogold Ashanti PLC0.11%
Hinge Health Inc0.11%
Kulicke & Soffa Industries Inc0.11%
Northern Trust Corp0.10%
Wesco International Inc0.10%
Cirrus Logic Inc0.10%
Tradeweb Markets Inc A0.10%
Parker Hannifin Corp0.09%
Navan Inc A0.09%

Weight gaps

All 56 Holdings in both funds, largest gap first.

Holding weights in FBCG and FELG, widest gap first
Holding	Gap	FBCG	FELG
Amazon.com IncAMZN	FBCG +3.06 points	3.73%	0.67%
Alphabet Inc Class CGOOG	FELG +2.50 points	0.26%	2.76%
Alphabet Inc Class AGOOGL	FBCG +1.62 points	8.60%	6.98%
Visa Inc Class AV	FELG +1.59 points	0.24%	1.83%
Eli Lilly & CoLLY	FELG +1.51 points	2.58%	4.09%
Tesla IncTSLA	FELG +1.38 points	1.55%	2.93%
Mastercard Inc Class AMA	FELG +1.30 points	0.78%	2.08%
Sandisk CorpSNDK	FBCG +1.27 points	1.90%	0.63%
GE AerospaceGE	FELG +1.24 points	0.37%	1.61%
Airbnb Inc Class AABNB	FELG +0.82 points	0.07%	0.89%
Broadcom IncAVGO	FELG +0.70 points	3.60%	4.30%
NVIDIA CorpNVDA	FBCG +0.69 points	15.50%	14.81%
Western Digital CorpWDC	FBCG +0.61 points	1.31%	0.70%
Netflix IncNFLX	FELG +0.60 points	0.46%	1.06%
Amphenol Corp Class AAPH	FELG +0.60 points	0.29%	0.89%
Caterpillar IncCAT	FELG +0.56 points	0.32%	0.88%
Lumentum Holdings IncLITE	FBCG +0.54 points	0.60%	0.06%
Uber Technologies IncUBER	FELG +0.54 points	0.08%	0.62%
Palo Alto Networks IncPANW	FBCG +0.47 points	0.83%	0.36%
UnitedHealth Group IncUNH	FBCG +0.46 points	0.52%	0.06%
GE Vernova IncGEV	FELG +0.44 points	0.70%	1.14%
Seagate Technology Holdings PLCSTX	FBCG +0.38 points	0.65%	0.27%
Micron Technology IncMU	FELG +0.37 points	2.61%	2.98%
Microsoft CorpMSFT	FELG +0.36 points	5.52%	5.88%
Meta Platforms Inc Class AMETA	FBCG +0.35 points	4.00%	3.65%
Cloudflare Inc Class ANET	FBCG +0.35 points	0.44%	0.09%
Vertiv Holdings Co Class AVRT	FELG +0.34 points	0.08%	0.42%
Space Exploration Technologies Corp Class ASPCX	FBCG +0.34 points	0.59%	0.25%
Palantir Technologies Inc Class APLTR	FELG +0.33 points	0.58%	0.91%
Howmet Aerospace IncHWM	FELG +0.28 points	0.31%	0.59%
Gilead Sciences IncGILD	FELG +0.29 points	0.27%	0.56%
Snowflake IncSNOW	FELG +0.27 points	0.23%	0.50%
Oracle CorpORCL	FBCG +0.24 points	0.42%	0.18%
Travere Therapeutics IncTVTX	FELG +0.23 points	0.09%	0.32%
Intel CorpINTC	FBCG +0.21 points	0.26%	0.05%
Ciena CorpCIEN	FELG +0.17 points	0.12%	0.29%
Home Depot Inc/TheHD	FELG +0.15 points	0.11%	0.26%
Arista Networks IncANET	FELG +0.16 points	0.16%	0.32%
Starbucks CorpSBUX	FBCG +0.15 points	0.45%	0.30%
Advanced Micro Devices IncAMD	FBCG +0.14 points	2.04%	1.90%
Comfort Systems USA IncFIX	FBCG +0.13 points	0.54%	0.41%
Natera IncNTRA	FBCG +0.12 points	0.25%	0.13%
Apple IncAAPL	FBCG +0.12 points	9.49%	9.37%
Costco Wholesale CorpCOST	FELG +0.08 points	0.11%	0.19%
MongoDB Inc Class AMDB	FELG +0.08 points	0.00%	0.08%
Citigroup IncC	FBCG +0.07 points	0.09%	0.02%
Lam Research CorpLRCX	FBCG +0.06 points	0.51%	0.45%
Insmed IncINSM	FBCG +0.06 points	0.06%	0.00%
Morgan StanleyMS	FELG +0.04 points	0.13%	0.17%
Revolution Medicines IncRVMD	FBCG +0.04 points	0.07%	0.03%
Guardant Health IncGH	FBCG +0.04 points	0.13%	0.09%
Datadog Inc Class ADDOG	FBCG +0.03 points	0.11%	0.08%
Ross Stores IncROST	FBCG +0.02 points	0.25%	0.23%
Crowdstrike Holdings Inc Class ACRWD	FELG +0.01 points	0.91%	0.92%
ServiceNow IncNOW	FBCG +0.01 points	0.10%	0.09%
Rivian Automotive Inc Class ARIVN	FBCG +0.01 points	0.07%	0.06%

All FBCG holdings⁠All 109 FELG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FBCG vs FELG Cost

Overpaying FBCG vs FELG

$7,522

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

FBCG 0.57%
$11,271
FELG 0.18%
$3,749

Amount$10,000

Years30 years

Cost over time

FBCG 0.57%
FELG 0.18%
Overpaying

Year by year

Year	FBCG	FELG	Overpaying
10	$1,023	$328	$695
20	$3,921	$1,281	$2,640
30	$11,271	$3,749	$7,522

Expense ratio

0.57%FBCG
0.18%FELG, cheaper

FELG0.18%FBCG0.57%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

FELG cheapest of 90 funds

FBCG 50th cheapest of 90 funds

FBCG vs FELG Dividends

Last 12 months to Nov 9, 2026

Yield (12M): FBCG 0.03%; FELG 0.38%, better
Payout (12M): FBCG $0.02; FELG $0.16
Last payment: FBCG $0.02; FELG $0.04
Ex-dividend: FBCG Dec 19, 2025; FELG Sep 18, 2026
Paid on: FBCG Dec 23, 2025; FELG Sep 22, 2026
Frequency: FBCG Twice a year; FELG Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

FBCGTwice a year · 6 paymentsAll FBCG payments⁠

FELGQuarterly · 14 paymentsAll FELG payments⁠

FBCG vs FELG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FBCG 19.8%FELG 16.3%since Dec 2023
Return per unit of riskSharpe ratio, 3 years: FBCG 1.11FELG 0.93since Dec 2023
Worst fallMax drawdown, 5 years: FBCG −43.5%FELG −23.9%since Nov 2023
Market sensitivityBeta, 5 years: FBCG 1.38FELG 1.26; Market = 1

FBCG and FELG in the news

All news⁠

ETF Filings
BlackRock files to convert Advantage Large Cap Growth into a 0.22% ETF
Sep 29, 2026FELG

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