FBCV vs. TOPT

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Blue Chip Value ETF (FBCV) and iShares Top 20 U.S. Stocks ETF (TOPT).

FBCV and TOPT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBCV is an actively managed fund by Fidelity. It was launched on Jun 2, 2020. TOPT is a passively managed fund by iShares that tracks the performance of the S&P 500 Top 20 Select Index. It was launched on Nov 23, 2024.

Performance

FBCV vs. TOPT - Performance Comparison

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

FBCV vs. TOPT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FBCV Fidelity Blue Chip Value ETF	1.26%	16.36%	-2.83%
TOPT iShares Top 20 U.S. Stocks ETF	-8.27%	20.35%	5.03%

Returns By Period

In the year-to-date period, FBCV achieves a 1.26% return, which is significantly higher than TOPT's -8.27% return.

FBCV

• 1D: 2.04%
• 1M: -4.81%
• YTD: 1.26%
• 6M: 7.88%
• 1Y: 15.94%
• 3Y*: 12.15%
• 5Y*: 8.57%
• 10Y*: —

TOPT

• 1D: 3.55%
• 1M: -4.51%
• YTD: -8.27%
• 6M: -5.85%
• 1Y: 20.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FBCV vs. TOPT - Expense Ratio Comparison

FBCV has a 0.57% expense ratio, which is higher than TOPT's 0.20% expense ratio.

FBCV

Fidelity Blue Chip Value ETF

TOPT

iShares Top 20 U.S. Stocks ETF

Return for Risk

FBCV vs. TOPT — Risk / Return Rank

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

FBCV

FBCV Risk / Return Rank: 66
FBCV Sharpe Ratio Rank: 63
FBCV Sortino Ratio Rank: 64
FBCV Omega Ratio Rank: 63
FBCV Calmar Ratio Rank: 67
FBCV Martin Ratio Rank: 72

TOPT

TOPT Risk / Return Rank: 65
TOPT Sharpe Ratio Rank: 60
TOPT Sortino Ratio Rank: 66
TOPT Omega Ratio Rank: 66
TOPT Calmar Ratio Rank: 67
TOPT Martin Ratio Rank: 64

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. TOPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Value ETF (FBCV) 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.

	FBCV	TOPT	Difference
Sharpe ratio Return per unit of total volatility	1.08	1.00	+0.08
Sortino ratio Return per unit of downside risk	1.60	1.59	+0.01
Omega ratio Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio Return relative to maximum drawdown	1.66	1.60	+0.06
Martin ratio Return relative to average drawdown	7.24	5.87	+1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FBCV vs. TOPT - Sharpe Ratio Comparison

The current FBCV Sharpe Ratio is 1.08, which is comparable to the TOPT Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of FBCV and TOPT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FBCV	TOPT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.00	+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	0.84	0.54	+0.30

Correlation

The correlation between FBCV and TOPT is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FBCV vs. TOPT - Dividend Comparison

FBCV's dividend yield for the trailing twelve months is around 2.92%, more than TOPT's 0.42% yield.

	TTM	2025	2024	2023	2022	2021	2020
FBCV Fidelity Blue Chip Value ETF	2.92%	2.95%	1.75%	1.68%	2.01%	3.13%	0.44%
TOPT iShares Top 20 U.S. Stocks ETF	0.42%	0.38%	0.08%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FBCV vs. TOPT - Drawdown Comparison

The maximum FBCV drawdown since its inception was -15.55%, smaller than the maximum TOPT drawdown of -21.21%. Use the drawdown chart below to compare losses from any high point for FBCV and TOPT.

Drawdown Indicators

	FBCV	TOPT	Difference
Max Drawdown Largest peak-to-trough decline	-15.55%	-21.21%	+5.66%
Max Drawdown (1Y) Largest decline over 1 year	-10.15%	-13.13%	+2.98%
Max Drawdown (5Y) Largest decline over 5 years	-15.55%	—	—
Current Drawdown Current decline from peak	-5.09%	-10.05%	+4.96%
Average Drawdown Average peak-to-trough decline	-3.53%	-3.66%	+0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	3.59%	-1.26%

Volatility

FBCV vs. TOPT - Volatility Comparison

The current volatility for Fidelity Blue Chip Value ETF (FBCV) is 3.97%, while iShares Top 20 U.S. Stocks ETF (TOPT) has a volatility of 5.86%. This indicates that FBCV experiences smaller price fluctuations and is considered to be less risky than TOPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCV	TOPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.97%	5.86%	-1.89%
Volatility (6M) Calculated over the trailing 6-month period	8.00%	10.59%	-2.59%
Volatility (1Y) Calculated over the trailing 1-year period	14.82%	20.69%	-5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.87%	20.47%	-6.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.85%	20.47%	-5.62%