FBCV vs. LSVD

Last updated Aug 4, 2026

FBCV (Fidelity Blue Chip Value ETF) and LSVD (LSV Disciplined Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, FBCV returned 34.48% vs 38.93% for LSVD. Their 0.75 correlation means they have sometimes moved together and sometimes differently. FBCV charges 0.57%/yr vs 0.40%/yr for LSVD.

Performance

FBCV vs. LSVD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Value ETF (FBCV) and LSV Disciplined Value ETF (LSVD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FBCV having a 19.30% return and LSVD slightly higher at 19.54%.

FBCV

• 1D: 1.05%
• 1M: 4.49%
• 6M: 14.03%
• YTD: 19.30%
• 1Y: 34.48%
• 3Y*: 16.46%
• 5Y*: 10.70%
• 10Y*: —
• ALL TIME*: 14.85%

LSVD

• 1D: 1.33%
• 1M: 3.60%
• 6M: 14.77%
• YTD: 19.54%
• 1Y: 38.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 24.29%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FBCV Fidelity Blue Chip Value ETF	$777.37K	$549.15K	$439.38K
LSVD LSV Disciplined Value ETF	$34.86K	$33.25K	$60.54K

FBCV vs. LSVD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FBCV Fidelity Blue Chip Value ETF	19.30%	16.36%	-1.48%
LSVD LSV Disciplined Value ETF	19.54%	22.29%	-2.62%

Correlation

The correlation between FBCV and LSVD is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.71
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.75

The correlation between FBCV and LSVD has been stable across timeframes, ranging from 0.71 to 0.75 - a consistent structural relationship.

FBCV vs. LSVD - Sectors Allocation Comparison

Sectors	FBCV	LSVD
Financial Services	19.5%	12.1%
Technology	18.0%	38.8%
Healthcare	13.2%	12.3%
Consumer Cyclical	12.4%	11.5%
Industrials	12.0%	4.7%
Consumer Defensive	8.7%	3.3%
Energy	7.3%	1.7%
Communication Services	3.5%	13.0%
Basic Materials	2.9%	1.4%
Utilities	1.8%	0.8%
Real Estate	0.7%	0.5%

Return for Risk

FBCV vs. LSVD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FBCV

FBCV Risk / Return Rank: 95
FBCV Sharpe Ratio Rank: 97
FBCV Sortino Ratio Rank: 96
FBCV Omega Ratio Rank: 95
FBCV Calmar Ratio Rank: 94
FBCV Martin Ratio Rank: 95

LSVD

LSVD Risk / Return Rank: 94
LSVD Sharpe Ratio Rank: 95
LSVD Sortino Ratio Rank: 94
LSVD Omega Ratio Rank: 94
LSVD Calmar Ratio Rank: 93
LSVD Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FBCV vs. LSVD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Value ETF (FBCV) and LSV Disciplined Value ETF (LSVD). 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	LSVD	Difference
Sharpe ratio: Return per unit of total volatility	3.26	2.91	+0.35
Sortino ratio: Return per unit of downside risk	4.72	3.92	+0.80
Omega ratio: Gain probability vs. loss probability	1.59	1.50	+0.09
Calmar ratio: Return relative to maximum drawdown	4.92	4.84	+0.07
Martin ratio: Return relative to average drawdown	20.60	19.99	+0.61

FBCV vs. LSVD - Sharpe Ratio Comparison

The current FBCV Sharpe Ratio is 3.26, which is comparable to the LSVD Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of FBCV and LSVD, 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. LSVD - Drawdown Comparison

The maximum FBCV drawdown since its inception was -15.55%, smaller than the maximum LSVD drawdown of -19.30%. Use the drawdown chart below to compare losses from any high point for FBCV and LSVD.

Drawdown Indicators

	FBCV	LSVD	Difference
Max Drawdown Largest peak-to-trough decline	-15.55%	-19.30%	+3.75%
Max Drawdown (1Y) Largest decline over 1 year	-7.04%	-8.07%	+1.03%
Max Drawdown (3Y) Largest decline over 3 years	-14.32%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.55%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.37%	-2.45%	-0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	1.95%	-0.27%

Volatility

FBCV vs. LSVD - Volatility Comparison

The current volatility for Fidelity Blue Chip Value ETF (FBCV) is 3.10%, while LSV Disciplined Value ETF (LSVD) has a volatility of 3.72%. This indicates that FBCV experiences smaller price fluctuations and is considered to be less risky than LSVD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCV	LSVD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.10%	3.72%	-0.62%
Volatility (6M) Calculated over the trailing 6-month period	7.94%	10.36%	-2.42%
Volatility (1Y) Calculated over the trailing 1-year period	10.64%	13.47%	-2.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.77%	17.29%	-3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.64%	17.29%	-2.65%

FBCV vs. LSVD - Expense Ratio Comparison

FBCV has a 0.57% expense ratio, which is higher than LSVD's 0.40% expense ratio.

Dividends

FBCV vs. LSVD - Dividend Comparison

FBCV's dividend yield for the trailing twelve months is around 2.41%, more than LSVD's 0.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
FBCV Fidelity Blue Chip Value ETF	2.41%	2.95%	1.75%	1.68%	2.01%	3.13%	0.44%
LSVD LSV Disciplined Value ETF	0.27%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FBCV and LSVD in my portfolio?

FBCV and LSVD have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FBCV or LSVD?

LSVD has higher volatility (3.72%) compared to FBCV (3.10%). In terms of maximum drawdown, FBCV dropped -15.55% vs LSVD's -19.30%.

Which ETF is better, FBCV or LSVD?

On 1-year performance, LSVD leads with 38.93% vs 34.48% for FBCV. On fees, LSVD is cheaper at 0.40% per year. On volatility, FBCV has been the lower-risk option at 3.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FBCV or LSVD?

Over the 1-year period, LSVD has performed better with a 38.93% return vs 34.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FBCV or LSVD?

LSVD is cheaper with a 0.40% expense ratio, compared with 0.57% for FBCV.

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

FBCV has the higher dividend yield at 2.41%, compared with 0.27% for LSVD.

What is the main difference between FBCV and LSVD?

They also come from different issuers: Fidelity and LSV. Their fees differ too: 0.57% for FBCV and 0.40% for LSVD.

Which has better risk-adjusted returns?

FBCV currently has the higher Sharpe Ratio (3.26 vs 2.91), 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.