FBCG vs. FBCGX

Last updated Jun 13, 2026

FBCG (Fidelity Blue Chip Growth ETF) and FBCGX (Fidelity Blue Chip Growth K6 Fund) are both Large Cap Growth Equities funds from Fidelity. Both are actively managed. Over the past 5 years, FBCG returned 14.46%/yr vs 15.48%/yr for FBCGX. With a 0.99 correlation, they move nearly in lockstep. FBCG charges 0.59%/yr vs 0.45%/yr for FBCGX.

Performance

FBCG vs. FBCGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Growth ETF (FBCG) and Fidelity Blue Chip Growth K6 Fund (FBCGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBCG achieves a 11.31% return, which is significantly lower than FBCGX's 13.16% return.

FBCG

• 1D: 0.25%
• 1M: -0.54%
• YTD: 11.31%
• 6M: 12.74%
• 1Y: 32.07%
• 3Y*: 28.04%
• 5Y*: 14.46%
• 10Y*: —

FBCGX

• 1D: 2.77%
• 1M: 0.50%
• YTD: 13.16%
• 6M: 14.57%
• 1Y: 35.56%
• 3Y*: 29.77%
• 5Y*: 15.48%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FBCG vs. FBCGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FBCG Fidelity Blue Chip Growth ETF	11.31%	18.60%	39.05%	57.98%	-39.10%	21.34%	41.44%
FBCGX Fidelity Blue Chip Growth K6 Fund	13.16%	21.33%	38.15%	55.57%	-37.84%	23.00%	43.14%

Correlation

The correlation between FBCG and FBCGX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.99

The correlation between FBCG and FBCGX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

FBCG vs. FBCGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FBCG

FBCG Risk / Return Rank: 53
FBCG Sharpe Ratio Rank: 56
FBCG Sortino Ratio Rank: 52
FBCG Omega Ratio Rank: 53
FBCG Calmar Ratio Rank: 48
FBCG Martin Ratio Rank: 53

FBCGX

FBCGX Risk / Return Rank: 70
FBCGX Sharpe Ratio Rank: 71
FBCGX Sortino Ratio Rank: 63
FBCGX Omega Ratio Rank: 63
FBCGX Calmar Ratio Rank: 76
FBCGX Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FBCG vs. FBCGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth ETF (FBCG) and Fidelity Blue Chip Growth K6 Fund (FBCGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FBCG	FBCGX	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.95	-0.28
Sortino ratio: Return per unit of downside risk	2.24	2.55	-0.31
Omega ratio: Gain probability vs. loss probability	1.29	1.34	-0.05
Calmar ratio: Return relative to maximum drawdown	2.12	2.86	-0.74
Martin ratio: Return relative to average drawdown	8.07	11.69	-3.62

FBCG vs. FBCGX - Sharpe Ratio Comparison

The current FBCG Sharpe Ratio is 1.66, which is comparable to the FBCGX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of FBCG and FBCGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FBCG vs. FBCGX - Drawdown Comparison

The maximum FBCG drawdown since its inception was -43.56%, roughly equal to the maximum FBCGX drawdown of -42.55%. Use the drawdown chart below to compare losses from any high point for FBCG and FBCGX.

Drawdown Indicators

	FBCG	FBCGX	Difference
Max Drawdown Largest peak-to-trough decline	-43.56%	-42.55%	-1.01%
Max Drawdown (1Y) Largest decline over 1 year	-15.17%	-12.64%	-2.53%
Max Drawdown (3Y) Largest decline over 3 years	-27.89%	-26.83%	-1.06%
Max Drawdown (5Y) Largest decline over 5 years	-43.56%	-42.55%	-1.01%
Current Drawdown Current decline from peak	-4.71%	-3.77%	-0.94%
Average Drawdown Average peak-to-trough decline	-11.45%	-8.87%	-2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	3.08%	+0.91%

Volatility

FBCG vs. FBCGX - Volatility Comparison

Fidelity Blue Chip Growth ETF (FBCG) and Fidelity Blue Chip Growth K6 Fund (FBCGX) have volatilities of 7.21% and 7.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCG	FBCGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.21%	7.13%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	15.09%	14.37%	+0.72%
Volatility (1Y) Calculated over the trailing 1-year period	19.38%	18.57%	+0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.90%	25.09%	+0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.77%	24.90%	+0.87%

FBCG vs. FBCGX - Expense Ratio Comparison

FBCG has a 0.59% expense ratio, which is higher than FBCGX's 0.45% expense ratio.

Dividends

FBCG vs. FBCGX - Dividend Comparison

FBCG's dividend yield for the trailing twelve months is around 0.04%, less than FBCGX's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBCG Fidelity Blue Chip Growth ETF	0.04%	0.05%	0.12%	0.02%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%
FBCGX Fidelity Blue Chip Growth K6 Fund	0.85%	0.97%	0.62%	0.26%	0.12%	6.71%	1.26%	0.28%	0.46%	0.13%

Frequently Asked Questions

Can I hold both FBCG and FBCGX in my portfolio?

With a correlation of 0.98, FBCG and FBCGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FBCG or FBCGX?

FBCG has higher volatility (7.21%) compared to FBCGX (7.13%). In terms of maximum drawdown, FBCG dropped -43.56% vs FBCGX's -42.55%.

Which has better risk-adjusted returns?

FBCGX currently has the higher Sharpe Ratio (1.95 vs 1.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.