FBCG vs. TOPT

Last updated Jun 4, 2026

FBCG (Fidelity Blue Chip Growth ETF) and TOPT (iShares Top 20 U.S. Stocks ETF) are both Large Cap Growth Equities funds. FBCG is actively managed, while TOPT is passively managed. Over the past year, FBCG returned 39.38% vs 30.17% for TOPT. Their correlation of 0.93 suggests significant overlap in exposure. FBCG charges 0.59%/yr vs 0.20%/yr for TOPT.

Performance

FBCG vs. TOPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Growth ETF (FBCG) and iShares Top 20 U.S. Stocks ETF (TOPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBCG achieves a 15.59% return, which is significantly higher than TOPT's 8.94% return.

FBCG

• 1D: -1.05%
• 1M: 7.84%
• YTD: 15.59%
• 6M: 15.51%
• 1Y: 39.38%
• 3Y*: 30.60%
• 5Y*: 15.84%
• 10Y*: —

TOPT

• 1D: -0.87%
• 1M: 5.40%
• YTD: 8.94%
• 6M: 8.53%
• 1Y: 30.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FBCG vs. TOPT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FBCG Fidelity Blue Chip Growth ETF	15.59%	18.60%	5.95%
TOPT iShares Top 20 U.S. Stocks ETF	8.94%	20.35%	5.03%

Correlation

The correlation between FBCG and TOPT is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Oct 25, 2024	0.93

The correlation between FBCG and TOPT has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

FBCG vs. TOPT - Sectors Allocation Comparison

Sectors	FBCG	TOPT
Technology	48.3%	43.6%
Consumer Cyclical	17.2%	9.2%
Communication Services	16.6%	19.4%
Healthcare	6.7%	7.7%
Industrials	5.7%	-
Financial Services	2.2%	12.4%
Consumer Defensive	1.3%	4.8%
Real Estate	0.7%	-
Basic Materials	0.6%	-
Utilities	0.5%	-
Energy	0.4%	3.0%

Return for Risk

FBCG vs. TOPT — Risk / Return Rank

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

FBCG

FBCG Risk / Return Rank: 57
FBCG Sharpe Ratio Rank: 62
FBCG Sortino Ratio Rank: 59
FBCG Omega Ratio Rank: 58
FBCG Calmar Ratio Rank: 52
FBCG Martin Ratio Rank: 57

TOPT

TOPT Risk / Return Rank: 58
TOPT Sharpe Ratio Rank: 65
TOPT Sortino Ratio Rank: 65
TOPT Omega Ratio Rank: 62
TOPT Calmar Ratio Rank: 46
TOPT Martin Ratio Rank: 51

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. TOPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth ETF (FBCG) and iShares Top 20 U.S. Stocks ETF (TOPT). 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.

	FBCG	TOPT	Difference
Sharpe ratio: Return per unit of total volatility	2.14	2.22	-0.08
Sortino ratio: Return per unit of downside risk	2.84	3.07	-0.23
Omega ratio: Gain probability vs. loss probability	1.36	1.39	-0.02
Calmar ratio: Return relative to maximum drawdown	2.61	2.31	+0.30
Martin ratio: Return relative to average drawdown	10.14	8.73	+1.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FBCG vs. TOPT - Sharpe Ratio Comparison

The current FBCG Sharpe Ratio is 2.14, which is comparable to the TOPT Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of FBCG and TOPT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FBCG	TOPT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	2.22	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	1.12	-0.29

Drawdowns

FBCG vs. TOPT - Drawdown Comparison

The maximum FBCG drawdown since its inception was -43.56%, which is greater than TOPT's maximum drawdown of -21.21%. Use the drawdown chart below to compare losses from any high point for FBCG and TOPT.

Drawdown Indicators

	FBCG	TOPT	Difference
Max Drawdown Largest peak-to-trough decline	-43.56%	-21.21%	-22.35%
Max Drawdown (1Y) Largest decline over 1 year	-15.17%	-13.13%	-2.04%
Max Drawdown (3Y) Largest decline over 3 years	-27.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.56%	—	—
Current Drawdown Current decline from peak	-1.05%	-1.25%	+0.20%
Average Drawdown Average peak-to-trough decline	-11.49%	-3.48%	-8.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	3.46%	+0.44%

Volatility

FBCG vs. TOPT - Volatility Comparison

Fidelity Blue Chip Growth ETF (FBCG) has a higher volatility of 4.79% compared to iShares Top 20 U.S. Stocks ETF (TOPT) at 3.46%. This indicates that FBCG's price experiences larger fluctuations and is considered to be riskier than TOPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCG	TOPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	3.46%	+1.33%
Volatility (6M) Calculated over the trailing 6-month period	13.89%	10.14%	+3.75%
Volatility (1Y) Calculated over the trailing 1-year period	18.55%	13.68%	+4.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.79%	19.83%	+5.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.72%	19.83%	+5.89%

FBCG vs. TOPT - Expense Ratio Comparison

FBCG has a 0.59% expense ratio, which is higher than TOPT's 0.20% expense ratio.

Dividends

FBCG vs. TOPT - Dividend Comparison

FBCG's dividend yield for the trailing twelve months is around 0.04%, less than TOPT's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
FBCG Fidelity Blue Chip Growth ETF	0.04%	0.05%	0.12%	0.02%	0.00%	0.00%	0.01%
TOPT iShares Top 20 U.S. Stocks ETF	0.36%	0.38%	0.08%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FBCG and TOPT in my portfolio?

With a correlation of 0.91, FBCG and TOPT 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 TOPT?

FBCG has higher volatility (4.79%) compared to TOPT (3.46%). In terms of maximum drawdown, FBCG dropped -43.56% vs TOPT's -21.21%.

Which ETF is better, FBCG or TOPT?

On 1-year performance, FBCG leads with 39.38% vs 30.17% for TOPT. On fees, TOPT is cheaper at 0.20% per year. On volatility, TOPT has been the lower-risk option at 3.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FBCG or TOPT?

Over the 1-year period, FBCG has performed better with a 39.38% return vs 30.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FBCG or TOPT?

TOPT is cheaper with a 0.20% expense ratio, compared with 0.59% for FBCG.

Which ETF pays a higher dividend yield, FBCG or TOPT?

TOPT has the higher dividend yield at 0.36%, compared with 0.04% for FBCG.

What is the main difference between FBCG and TOPT?

They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.59% for FBCG and 0.20% for TOPT.

Which has better risk-adjusted returns?

TOPT currently has the higher Sharpe Ratio (2.22 vs 2.14), 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.