FBCV vs. IUSV

Last updated Jul 14, 2026

FBCV (Fidelity Blue Chip Value ETF) and IUSV (iShares Core S&P U.S. Value ETF) are both Large Cap Value Equities funds. FBCV is actively managed, while IUSV is passively managed. Over the past 5 years, FBCV returned 9.99%/yr vs 11.41%/yr for IUSV. Their correlation of 0.92 suggests significant overlap in exposure. FBCV charges 0.57%/yr vs 0.04%/yr for IUSV.

Performance

FBCV vs. IUSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Value ETF (FBCV) and iShares Core S&P U.S. Value ETF (IUSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBCV achieves a 14.67% return, which is significantly higher than IUSV's 9.97% return.

FBCV

• 1D: 0.49%
• 1M: 3.29%
• 6M: 11.64%
• YTD: 14.67%
• 1Y: 26.92%
• 3Y*: 15.78%
• 5Y*: 9.99%
• 10Y*: —

IUSV

• 1D: 0.15%
• 1M: 1.31%
• 6M: 7.21%
• YTD: 9.97%
• 1Y: 18.63%
• 3Y*: 14.24%
• 5Y*: 11.41%
• 10Y*: 11.73%

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

FBCV vs. IUSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FBCV Fidelity Blue Chip Value ETF	14.67%	16.36%	10.26%	5.45%	-2.26%	26.18%	17.93%
IUSV iShares Core S&P U.S. Value ETF	9.97%	12.85%	12.18%	21.73%	-5.40%	25.22%	15.70%

Correlation

The correlation between FBCV and IUSV is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.92

The correlation between FBCV and IUSV has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

FBCV vs. IUSV - Sectors Allocation Comparison

Sectors	FBCV	IUSV
Financial Services	20.3%	14.9%
Healthcare	12.0%	11.1%
Industrials	11.9%	10.9%
Technology	11.8%	21.7%
Consumer Cyclical	10.4%	11.2%
Communication Services	9.4%	3.0%
Consumer Defensive	9.4%	8.7%
Energy	8.3%	7.0%
Basic Materials	3.5%	3.5%
Utilities	2.3%	4.3%
Real Estate	0.8%	3.7%

Return for Risk

FBCV vs. IUSV — Risk / Return Rank

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

FBCV

FBCV Risk / Return Rank: 90
FBCV Sharpe Ratio Rank: 92
FBCV Sortino Ratio Rank: 93
FBCV Omega Ratio Rank: 90
FBCV Calmar Ratio Rank: 86
FBCV Martin Ratio Rank: 89

IUSV

IUSV Risk / Return Rank: 73
IUSV Sharpe Ratio Rank: 73
IUSV Sortino Ratio Rank: 73
IUSV Omega Ratio Rank: 72
IUSV Calmar Ratio Rank: 73
IUSV Martin Ratio Rank: 75

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.

FBCV vs. IUSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Value ETF (FBCV) and iShares Core S&P U.S. Value ETF (IUSV). 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.

	FBCV	IUSV	Difference
Sharpe ratio: Return per unit of total volatility	2.55	1.87	+0.68
Sortino ratio: Return per unit of downside risk	3.70	2.63	+1.07
Omega ratio: Gain probability vs. loss probability	1.46	1.34	+0.13
Calmar ratio: Return relative to maximum drawdown	3.84	2.94	+0.90
Martin ratio: Return relative to average drawdown	15.68	11.19	+4.49

FBCV vs. IUSV - Sharpe Ratio Comparison

The current FBCV Sharpe Ratio is 2.55, which is higher than the IUSV Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of FBCV and IUSV, 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

FBCV vs. IUSV - Drawdown Comparison

The maximum FBCV drawdown since its inception was -15.55%, smaller than the maximum IUSV drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for FBCV and IUSV.

Drawdown Indicators

	FBCV	IUSV	Difference
Max Drawdown Largest peak-to-trough decline	-15.55%	-56.88%	+41.33%
Max Drawdown (1Y) Largest decline over 1 year	-7.04%	-6.36%	-0.68%
Max Drawdown (3Y) Largest decline over 3 years	-14.32%	-17.76%	+3.44%
Max Drawdown (5Y) Largest decline over 5 years	-15.55%	-17.95%	+2.40%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.54%	—
Current Drawdown Current decline from peak	0.00%	-0.02%	+0.02%
Average Drawdown Average peak-to-trough decline	-3.40%	-6.27%	+2.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	1.67%	+0.05%

Volatility

FBCV vs. IUSV - Volatility Comparison

Fidelity Blue Chip Value ETF (FBCV) has a higher volatility of 2.84% compared to iShares Core S&P U.S. Value ETF (IUSV) at 2.58%. This indicates that FBCV's price experiences larger fluctuations and is considered to be riskier than IUSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCV	IUSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	2.58%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	7.74%	7.29%	+0.45%
Volatility (1Y) Calculated over the trailing 1-year period	10.64%	10.03%	+0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.78%	14.50%	-0.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.67%	16.98%	-2.31%

FBCV vs. IUSV - Expense Ratio Comparison

FBCV has a 0.57% expense ratio, which is higher than IUSV's 0.04% expense ratio.

Dividends

FBCV vs. IUSV - Dividend Comparison

FBCV's dividend yield for the trailing twelve months is around 2.50%, more than IUSV's 1.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBCV Fidelity Blue Chip Value ETF	2.50%	2.95%	1.75%	1.68%	2.01%	3.13%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%
IUSV iShares Core S&P U.S. Value ETF	1.67%	1.78%	2.15%	1.75%	2.22%	1.87%	2.40%	2.19%	2.67%	1.93%	4.44%	7.63%

Frequently Asked Questions

Can I hold both FBCV and IUSV in my portfolio?

With a correlation of 0.90, FBCV and IUSV 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, FBCV or IUSV?

FBCV has higher volatility (2.84%) compared to IUSV (2.58%). In terms of maximum drawdown, FBCV dropped -15.55% vs IUSV's -56.88%.

Which ETF is better, FBCV or IUSV?

On 5-year performance, IUSV leads with 11.41% vs 9.99% for FBCV. On fees, IUSV is cheaper at 0.04% per year. On volatility, IUSV has been the lower-risk option at 2.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FBCV or IUSV?

Over the 5-year period, IUSV has performed better with a 11.41% return vs 9.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FBCV or IUSV?

IUSV is cheaper with a 0.04% expense ratio, compared with 0.57% for FBCV.

Which ETF pays a higher dividend yield, FBCV or IUSV?

FBCV has the higher dividend yield at 2.50%, compared with 1.67% for IUSV.

What is the main difference between FBCV and IUSV?

They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.57% for FBCV and 0.04% for IUSV.

Which has better risk-adjusted returns?

FBCV currently has the higher Sharpe Ratio (2.55 vs 1.87), 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.