FBCG vs JUSA: Grades, Fees and Holdings Compared

Fidelity Blue Chip Growth ETF

FBCGBCboe

JPMorgan U.S. Research Enhanced Large Cap ETF

JUSAANYSE Arca

Overlap

48.2%by weight

Expense ratio

JUSA −0.39pt a year

FBCG0.57%JUSA0.18%

Avg volume · 30D

FBCG 5.9×the volume

FBCG660KJUSA112K

FBCG vs JUSA Performance

Nov 7, 2025 – Nov 9, 2026

+7.0%FBCG+12.2%JUSA

Expense ratio: FBCG 0.57%; JUSA 0.18%, better
Fund size: FBCG $7.31B; JUSA $871M
1Y total return: FBCG +7.0%; JUSA +12.2%, better
Yield (12M): FBCG 0.03%; JUSA 0.72%, better
Holdings: FBCG 204; JUSA 264
Avg volume (30D): FBCG 660K sh, better; JUSA 112K sh
NAV per share: FBCG $57.62; JUSA $65.95
52W range

ETF.net Grade

Pillar letters and Scores for FBCG, JUSA, with each pillar’s weight
Pillar	FBCG	JUSA
Cost30% weight	C47	A99Higher
Mission25% weight	Not scored	A84
Risk15% weight	C44	A92Higher
Tradability15% weight	A77Higher	B60
Holdings10% weight	C50	A83Higher
Durability5% weight	A94Higher	A77

Rank among US Active Growth funds

How we build Categories ›

Same Category. FBCG and JUSA 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 ›

JUSA ranks 1st 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 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

JUSAAJPMorgan U.S. Research Enhanced Large Cap 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.

JUSA Active stock picking in index clothing: J.P. Morgan analysts tilt roughly 300 large caps while sector weights and risk stay close to the S&P 500, for 0.18% a year with no waiver attached.

Stated mandate

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

JUSA The fund seeks capital appreciation through active, fundamental, bottom-up selection of large-cap U.S. equities. It targets companies with strong long-term earnings potential and attractive valuations relative to peers.

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.

JUSA 0.18% a year with no waiver propping it up, below its category median. GUSE charges 0.30% and LRGC 0.39% for similar enhanced-index work; FELG ties it at 0.18%.
Active where it counts, plain where it doesn't: bottom-up stock picks across roughly 300 large caps, with sector mix and risk profile kept close to the S&P 500.jpmorgan.com
Stands among the strongest implementations in a 90-fund peer group of active large-cap funds, helped by a low fee and tightly managed risk.

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.

JUSA Launched in March 2025, so there is only a short live record on this ticker to judge.
Moderately traded rather than a volume monster, so spreads can run wider than the giant index funds', especially in fast markets.
Tracking the S&P 500's sector weights limits how far results can stray from the benchmark in either direction. This is a nudge on the index, not a different bet.jpmorgan.com

Full FBCG profile⁠

Full JUSA profile⁠

FBCG vs JUSA Holdings

How FBCG and JUSA differ

Overlap by weight

48.2%

Shared holdings make up 81.9% of FBCG and 61.5% of JUSA.

Level by level

Holdings77 in both48.2%
Sector11 Sectors72.1%
Countryby domicile96.0%
Asset classStocks100%

Sector

Sector weights in FBCG and JUSA, widest gap first
Sector	Gap	FBCG	JUSA
Technology	FBCG +21.1 points	57.4%	36.3%
Financials	JUSA +10.1 points	2.5%	12.6%
Communication	FBCG +6.4 points	15.1%	8.7%
Health Care	JUSA +3.7 points	6.7%	10.4%
Consumer Staples	JUSA +3.5 points	1.0%	4.5%
Energy	JUSA +3.4 points	0.2%	3.6%
Industrials	JUSA +2.4 points	5.1%	7.5%
Utilities	JUSA +2.4 points	0.0%	2.4%
Materials	JUSA +1.3 points	0.3%	1.6%
Real Estate	JUSA +1.2 points	0.7%	1.9%
Consumer Discretionary	FBCG +0.4 points	11.0%	10.6%

Country, concentration and asset class

Country by domicile

Country weights in FBCG and JUSA, widest gap first
Country	Gap	FBCG	JUSA
United States	JUSA +4.0 points	95.9%	99.9%
Canada	FBCG +1.6 points	1.6%	0.0%
Taiwan	FBCG +1.2 points	1.2%	0.0%
Other countries (8)	FBCG +1.2 points	1.3%	0.1%

Concentration

Weight in the 10 largest Holdings

FBCG57.7%
JUSA38.0%

Securities held

FBCG204
JUSA262

Asset class

FBCG: Stocks
JUSA: Stocks

Holdings

Only in FBCG127
In both77
Only in JUSA185

Only in FBCG

127 securities, 18.1% of FBCG by weight

Taiwan Semiconductor Manufacturing Co Ltd ADR1.21%
Monolithic Power Systems Inc0.85%
SharkNinja Inc0.72%
Celestica Inc (United States)0.70%
Astera Labs Inc0.66%
Space Exploration Technologies Corp Class A0.59%
Target Corp0.53%
Starbucks Corp0.45%
Boeing Co0.45%
Cloudflare Inc Class A0.44%
Robinhood Markets Inc Class A0.41%
SK Hynix Inc ADR0.40%
Carvana Co Class A0.37%
Victoria’s Secret & Co0.34%
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%
Gilead Sciences Inc0.27%
Shopify Inc Class A0.26%
Natera Inc0.25%
Moderna Inc0.23%
Goldman Sachs Group Inc/The0.20%
Bloom Energy Corp Class A0.19%
Amer Sports Inc0.18%
Marriott International Inc/MD Class A10.17%
ROBLOX Corp Class A0.17%
Teradyne Inc0.15%
Rh0.15%
MACOM Technology Solutions Holdings Inc0.15%
Twist Bioscience Corp0.14%
IES Holdings Inc0.14%
TTM Technologies Inc0.14%
Alnylam Pharmaceuticals Inc0.13%
Axon Enterprise Inc0.13%
Guardant Health Inc0.13%
Sterling Infrastructure Inc0.12%
Argenx SE ADR0.12%
Dutch Bros Inc Class A0.11%
James Hardie Industries PLC0.11%
Salesforce Inc0.11%
TD SYNNEX Corp0.11%
Flex Ltd0.10%
British American Tobacco PLC ADR0.10%
Credo Technology Group Holding Ltd0.10%
ARM Holdings PLC ADR0.09%
Wynn Resorts Ltd0.09%
Bath & Body Works Inc0.09%
Warby Parker Inc Class A0.09%

Only in JUSA

185 securities, 38.4% of JUSA by weight

Berkshire Hathaway Inc1.46%
JPMorgan Prime Money1.11%
Rtx Corp0.88%
Wells Fargo & Co Common0.79%
Philip Morris0.73%
Nextera Energy Inc Common0.69%
Pepsico Inc Common Stock0.68%
Bank of America Corp0.67%
Conocophillips Common0.63%
Us Bancorp Common Stock0.60%
Charles Schwab Corp/The0.60%
Trane Technologies PLC0.57%
The Southern Company0.56%
Walmart Inc Common Stock0.54%
Eog Resources Inc Common0.53%
Bristol-Myers Squibb Co0.52%
Mcdonald's Corp Common0.52%
AT&T Inc Common Stock USD0.49%
Mondelez International0.49%
Aon PLC Common Stock USD0.48%
Accenture PLC Common0.47%
Texas Instruments Inc0.47%
Booking Holdings Inc0.47%
Stryker Corp Common Stock0.45%
The Walt Disney Company0.45%
Regeneron Pharmaceuticals0.44%
Equinix Inc Reit USD0.43%
Keurig Dr Pepper Inc0.43%
Arthur J Gallagher & Co0.42%
Fifth Third Bancorp0.42%
Ecolab Inc Common Stock0.41%
Applied Materials Inc0.40%
Capital One Financial0.39%
Nxp Semiconductors NV0.38%
Eaton Corp PLC Common0.37%
Medtronic PLC Common0.37%
Vertex Pharmaceuticals0.36%
Ventas Inc Reit USD 0.250.36%
Autozone Inc Common Stock0.35%
Edwards Lifesciences Corp0.35%
Progressive Corp/The0.34%
Entergy Corp Common Stock0.34%
Corpay Inc0.33%
Sempra Common Stock USD 00.33%
American Express Co0.32%
General Dynamics Corp0.31%
Yum Brands Inc Common0.29%
Fedex Corp Common Stock0.29%
American Tower Corp Reit0.29%
Cme Group Inc Common0.29%

Weight gaps

All 77 Holdings in both funds, largest gap first.

Holding weights in FBCG and JUSA, widest gap first
Holding	Gap	FBCG	JUSA
NVIDIA CorpNVDA	FBCG +8.13 points	15.50%	7.37%
Alphabet Inc Class AGOOGL	FBCG +5.96 points	8.60%	2.64%
Apple IncAAPL	FBCG +2.03 points	9.49%	7.46%
Meta Platforms Inc Class AMETA	FBCG +1.80 points	4.00%	2.20%
Alphabet Inc Class CGOOG	JUSA +1.76 points	0.26%	2.02%
Sandisk CorpSNDK	FBCG +1.74 points	1.90%	0.16%
Micron Technology IncMU	FBCG +1.35 points	2.61%	1.26%
Broadcom IncAVGO	FBCG +1.25 points	3.60%	2.35%
ExxonMobil Holdings CorpXOM	JUSA +1.16 points	0.14%	1.30%
Marvell Technology IncMRVL	FBCG +1.14 points	1.29%	0.15%
Johnson & JohnsonJNJ	JUSA +1.13 points	0.24%	1.37%
Microsoft CorpMSFT	JUSA +1.13 points	5.52%	6.64%
Eli Lilly & CoLLY	FBCG +1.07 points	2.58%	1.51%
Western Digital CorpWDC	FBCG +1.02 points	1.31%	0.29%
Visa Inc Class AV	JUSA +1.00 points	0.24%	1.24%
Advanced Micro Devices IncAMD	FBCG +0.92 points	2.04%	1.12%
AbbVie IncABBV	JUSA +0.76 points	0.41%	1.17%
Amazon.com IncAMZN	JUSA +0.65 points	3.73%	4.38%
Citigroup IncC	JUSA +0.61 points	0.09%	0.70%
3M CoMMM	JUSA +0.60 points	0.08%	0.68%
Crowdstrike Holdings Inc Class ACRWD	FBCG +0.59 points	0.91%	0.32%
Twilio Inc Class ATWLO	FBCG +0.58 points	0.66%	0.08%
AppLovin Corp Class AAPP	FBCG +0.57 points	0.64%	0.07%
Mastercard Inc Class AMA	JUSA +0.56 points	0.78%	1.34%
Palo Alto Networks IncPANW	FBCG +0.56 points	0.83%	0.27%
Costco Wholesale CorpCOST	JUSA +0.54 points	0.11%	0.65%
Welltower IncWELL	FBCG +0.53 points	0.61%	0.08%
Lumentum Holdings IncLITE	FBCG +0.53 points	0.60%	0.07%
Comfort Systems USA IncFIX	FBCG +0.47 points	0.54%	0.07%
Lowe’s Cos IncLOW	JUSA +0.45 points	0.27%	0.72%
GE Vernova IncGEV	FBCG +0.45 points	0.70%	0.25%
Thermo Fisher Scientific IncTMO	JUSA +0.39 points	0.07%	0.46%
Seagate Technology Holdings PLCSTX	FBCG +0.32 points	0.65%	0.33%
Morgan StanleyMS	JUSA +0.31 points	0.13%	0.44%
Cummins IncCMI	JUSA +0.29 points	0.04%	0.33%
Delta Air Lines IncDAL	FBCG +0.27 points	0.40%	0.13%
United Airlines Holdings IncUAL	FBCG +0.26 points	0.37%	0.11%
Amphenol Corp Class AAPH	JUSA +0.25 points	0.29%	0.54%
Tesla IncTSLA	FBCG +0.24 points	1.55%	1.31%
Coherent CorpCOHR	FBCG +0.24 points	0.28%	0.04%
GE AerospaceGE	FBCG +0.23 points	0.37%	0.14%
Lam Research CorpLRCX	JUSA +0.21 points	0.51%	0.72%
Dell Technologies Inc Class CDELL	FBCG +0.19 points	0.35%	0.16%
Vertiv Holdings Co Class AVRT	JUSA +0.20 points	0.08%	0.28%
Oracle CorpORCL	FBCG +0.18 points	0.42%	0.24%
Howmet Aerospace IncHWM	JUSA +0.18 points	0.31%	0.49%
Caterpillar IncCAT	FBCG +0.18 points	0.32%	0.14%
Reddit Inc Class ARDDT	FBCG +0.15 points	0.17%	0.02%
UnitedHealth Group IncUNH	JUSA +0.15 points	0.52%	0.67%
Intel CorpINTC	JUSA +0.15 points	0.26%	0.41%
United Rentals IncURI	JUSA +0.13 points	0.07%	0.20%
Arista Networks IncANET	JUSA +0.12 points	0.16%	0.28%
Illumina IncILMN	FBCG +0.11 points	0.15%	0.04%
Coca-Cola Co/TheKO	JUSA +0.11 points	0.09%	0.20%
Snowflake IncSNOW	FBCG +0.10 points	0.23%	0.13%
MetLife IncMET	JUSA +0.09 points	0.05%	0.14%
Ross Stores IncROST	JUSA +0.08 points	0.25%	0.33%
Chipotle Mexican Grill IncCMG	JUSA +0.08 points	0.32%	0.40%
Jabil IncJBL	FBCG +0.08 points	0.13%	0.05%
Viatris IncVTRS	FBCG +0.07 points	0.11%	0.04%
Ciena CorpCIEN	FBCG +0.07 points	0.12%	0.05%
Corning IncGLW	FBCG +0.07 points	0.25%	0.18%
ServiceNow IncNOW	JUSA +0.06 points	0.10%	0.16%
PACCAR IncPCAR	JUSA +0.07 points	<0.01%	0.07%
Affirm Holdings Inc Class AAFRM	FBCG +0.05 points	0.19%	0.14%
Danaher CorpDHR	FBCG +0.05 points	0.08%	0.03%
ON Semiconductor CorpON	JUSA +0.04 points	0.11%	0.15%
DoorDash Inc Class ADASH	FBCG +0.04 points	0.28%	0.24%
Kimberly-Clark CorpKMB	JUSA +0.04 points	0.09%	0.13%
Ralph Lauren Corp Class ARL	FBCG +0.04 points	0.06%	0.02%
Home Depot Inc/TheHD	FBCG +0.04 points	0.11%	0.07%
Waters CorpWAT	JUSA +0.02 points	0.11%	0.13%
Hilton Worldwide Holdings IncHLT	JUSA +0.02 points	0.21%	0.23%
Uber Technologies IncUBER	FBCG +0.02 points	0.08%	0.06%
Netflix IncNFLX	FBCG +0.02 points	0.46%	0.44%
Datadog Inc Class ADDOG	FBCG +0.01 points	0.11%	0.10%
Palantir Technologies Inc Class APLTR	Same weight	0.58%	0.58%

All FBCG holdings⁠All 262 JUSA 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 JUSA Cost

Overpaying FBCG vs JUSA

$7,522

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

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

Amount$10,000

Years30 years

Cost over time

FBCG 0.57%
JUSA 0.18%
Overpaying

Year by year

Year	FBCG	JUSA	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%JUSA, cheaper

JUSA0.18%FBCG0.57%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

JUSA cheapest of 90 funds

FBCG 50th cheapest of 90 funds

FBCG vs JUSA Dividends

Last 12 months to Nov 9, 2026

Yield (12M): FBCG 0.03%; JUSA 0.72%, better
Payout (12M): FBCG $0.02; JUSA $0.49
Last payment: FBCG $0.02; JUSA $0.13
Ex-dividend: FBCG Dec 19, 2025; JUSA Sep 22, 2026
Paid on: FBCG Dec 23, 2025; JUSA Sep 24, 2026
Frequency: FBCG Twice a year; JUSA Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

FBCGTwice a year · 6 paymentsAll FBCG payments⁠

JUSAQuarterly · 6 paymentsAll JUSA payments⁠

FBCG vs JUSA 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%JUSA 11.6%since Apr 2025
Return per unit of riskSharpe ratio, 3 years: FBCG 1.11JUSA 1.41since Apr 2025
Worst fallMax drawdown, 5 years: FBCG −43.5%JUSA −14.0%since Mar 2025
Market sensitivityBeta, 5 years: FBCG 1.38JUSA 0.98; Market = 1

FBCG and JUSA in the news

All news⁠

New ETFs
YieldMax lists an SK hynix options ETF that does not own the shares
Oct 28, 2026JUSA
ETF Filings
JPMorgan All Country Research Enhanced Equity ETF sets 0.22% fee, ticker JALL
Sep 4, 2026JUSA

Popular comparisons

FBCGBvsGUSEA
Fidelity Blue Chip Growth ETF · Goldman Sachs Enhanced U.S. Equity ETF
Expense ratio
0.57% · 0.30%
Category
JUSAAvsGUSEA
JPMorgan U.S. Research Enhanced Large Cap ETF · Goldman Sachs Enhanced U.S. Equity ETF
Expense ratio
0.18% · 0.30%
Category
FBCGBvsLRGCA
Fidelity Blue Chip Growth ETF · AB US Large Cap Strategic Equities ETF
Expense ratio
0.57% · 0.39%
Category
JUSAAvsLRGCA
JPMorgan U.S. Research Enhanced Large Cap ETF · AB US Large Cap Strategic Equities ETF
Expense ratio
0.18% · 0.39%
Category
FBCGBvsFELGA
Fidelity Blue Chip Growth ETF · Fidelity Enhanced Large Cap Growth ETF
Expense ratio
0.57% · 0.18%
Category
JUSAAvsFELGA
JPMorgan U.S. Research Enhanced Large Cap ETF · Fidelity Enhanced Large Cap Growth ETF
Expense ratio
0.18% · 0.18%
Category

FBCG vs JUSA

In short

Stated mandate

Why people hold it

Worth knowing

How FBCG and JUSA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FBCG

Only in JUSA

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

YieldMax lists an SK hynix options ETF that does not own the shares

JPMorgan All Country Research Enhanced Equity ETF sets 0.22% fee, ticker JALL

How FBCG and JUSA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FBCG

Only in JUSA

Weight gaps