FBCGX vs. FTEC
Compare and contrast key facts about Fidelity Blue Chip Growth K6 Fund (FBCGX) and Fidelity MSCI Information Technology Index ETF (FTEC).
FBCGX is managed by Fidelity. It was launched on May 25, 2017. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBCGX or FTEC.
Correlation
The correlation between FBCGX and FTEC is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FBCGX vs. FTEC - Performance Comparison
Key characteristics
FBCGX:
2.12
FTEC:
1.53
FBCGX:
2.78
FTEC:
2.04
FBCGX:
1.38
FTEC:
1.27
FBCGX:
2.88
FTEC:
2.17
FBCGX:
11.10
FTEC:
7.74
FBCGX:
3.73%
FTEC:
4.27%
FBCGX:
19.58%
FTEC:
21.59%
FBCGX:
-42.92%
FTEC:
-34.95%
FBCGX:
-1.74%
FTEC:
-1.53%
Returns By Period
In the year-to-date period, FBCGX achieves a 41.40% return, which is significantly higher than FTEC's 32.71% return.
FBCGX
41.40%
4.14%
14.39%
41.67%
20.47%
N/A
FTEC
32.71%
2.66%
12.83%
32.80%
22.38%
20.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FBCGX vs. FTEC - Expense Ratio Comparison
FBCGX has a 0.45% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
FBCGX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth K6 Fund (FBCGX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
Dividends
FBCGX vs. FTEC - Dividend Comparison
FBCGX's dividend yield for the trailing twelve months is around 0.44%, less than FTEC's 0.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBCGX Fidelity Blue Chip Growth K6 Fund | 0.44% | 0.26% | 0.12% | 0.00% | 0.08% | 0.25% | 0.46% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.48% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
FBCGX vs. FTEC - Drawdown Comparison
The maximum FBCGX drawdown since its inception was -42.92%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FBCGX and FTEC. For additional features, visit the drawdowns tool.
Volatility
FBCGX vs. FTEC - Volatility Comparison
Fidelity Blue Chip Growth K6 Fund (FBCGX) and Fidelity MSCI Information Technology Index ETF (FTEC) have volatilities of 5.65% and 5.57%, 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.