FBCV vs. VGT

Last updated Jun 24, 2026

FBCV (Fidelity Blue Chip Value ETF) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - FBCV is a Large Cap Value Equities fund actively managed by Fidelity, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. FBCV is actively managed, while VGT is passively managed. Over the past 5 years, FBCV returned 9.42%/yr vs 19.51%/yr for VGT. At a 0.50 correlation, their price movements are largely independent. FBCV charges 0.57%/yr vs 0.09%/yr for VGT.

Performance

FBCV vs. VGT - Performance Comparison

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

Returns By Period

In the year-to-date period, FBCV achieves a 10.38% return, which is significantly lower than VGT's 23.32% return.

FBCV

• 1D: -0.40%
• 1M: 0.44%
• YTD: 10.38%
• 6M: 10.01%
• 1Y: 24.31%
• 3Y*: 15.15%
• 5Y*: 9.42%
• 10Y*: —

VGT

• 1D: -3.68%
• 1M: 0.28%
• YTD: 23.32%
• 6M: 21.50%
• 1Y: 46.82%
• 3Y*: 30.13%
• 5Y*: 19.51%
• 10Y*: 25.49%

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

FBCV vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FBCV Fidelity Blue Chip Value ETF	10.38%	16.36%	10.26%	5.45%	-2.26%	26.18%	17.93%
VGT Vanguard Information Technology ETF	23.32%	21.77%	29.30%	52.66%	-29.70%	30.45%	33.58%

Correlation

The correlation between FBCV and VGT is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.50

The correlation between FBCV and VGT shifts across timeframes, from 0.40 (3 years) to 0.53 (5 years), reflecting how their relationship changes across market environments.

FBCV vs. VGT - Sectors Allocation Comparison

Sectors	FBCV	VGT
Financial Services	20.3%	0.5%
Healthcare	12.0%	0.0%
Industrials	11.9%	0.4%
Technology	11.8%	98.5%
Consumer Cyclical	10.4%	0.1%
Communication Services	9.4%	0.5%
Consumer Defensive	9.4%	-
Energy	8.3%	0.3%
Basic Materials	3.5%	0.0%
Utilities	2.3%	-
Real Estate	0.8%	-

Return for Risk

FBCV vs. VGT — Risk / Return Rank

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

FBCV

FBCV Risk / Return Rank: 77
FBCV Sharpe Ratio Rank: 77
FBCV Sortino Ratio Rank: 81
FBCV Omega Ratio Rank: 76
FBCV Calmar Ratio Rank: 72
FBCV Martin Ratio Rank: 78

VGT

VGT Risk / Return Rank: 58
VGT Sharpe Ratio Rank: 65
VGT Sortino Ratio Rank: 56
VGT Omega Ratio Rank: 58
VGT Calmar Ratio Rank: 60
VGT Martin Ratio Rank: 52

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. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Value ETF (FBCV) and Vanguard Information Technology ETF (VGT). 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	VGT	Difference
Sharpe ratio: Return per unit of total volatility	2.30	2.07	+0.23
Sortino ratio: Return per unit of downside risk	3.37	2.61	+0.76
Omega ratio: Gain probability vs. loss probability	1.42	1.35	+0.07
Calmar ratio: Return relative to maximum drawdown	3.47	2.87	+0.60
Martin ratio: Return relative to average drawdown	14.11	8.76	+5.34

FBCV vs. VGT - Sharpe Ratio Comparison

The current FBCV Sharpe Ratio is 2.30, which is comparable to the VGT Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FBCV and VGT, 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. VGT - Drawdown Comparison

The maximum FBCV drawdown since its inception was -15.55%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FBCV and VGT.

Drawdown Indicators

	FBCV	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-15.55%	-54.63%	+39.08%
Max Drawdown (1Y) Largest decline over 1 year	-7.04%	-16.40%	+9.36%
Max Drawdown (3Y) Largest decline over 3 years	-14.32%	-27.23%	+12.91%
Max Drawdown (5Y) Largest decline over 5 years	-15.55%	-35.07%	+19.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.07%	—
Current Drawdown Current decline from peak	-1.11%	-7.71%	+6.60%
Average Drawdown Average peak-to-trough decline	-3.43%	-7.95%	+4.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	5.36%	-3.63%

Volatility

FBCV vs. VGT - Volatility Comparison

The current volatility for Fidelity Blue Chip Value ETF (FBCV) is 2.77%, while Vanguard Information Technology ETF (VGT) has a volatility of 11.39%. This indicates that FBCV experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCV	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.77%	11.39%	-8.62%
Volatility (6M) Calculated over the trailing 6-month period	7.85%	18.58%	-10.73%
Volatility (1Y) Calculated over the trailing 1-year period	10.63%	22.72%	-12.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.80%	25.55%	-11.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.70%	24.77%	-10.07%

FBCV vs. VGT - Expense Ratio Comparison

FBCV has a 0.57% expense ratio, which is higher than VGT's 0.09% expense ratio.

Dividends

FBCV vs. VGT - Dividend Comparison

FBCV's dividend yield for the trailing twelve months is around 2.60%, more than VGT's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBCV Fidelity Blue Chip Value ETF	2.60%	2.95%	1.75%	1.68%	2.01%	3.13%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both FBCV and VGT in my portfolio?

FBCV and VGT have a correlation of 0.42, 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 VGT?

VGT has higher volatility (11.39%) compared to FBCV (2.77%). In terms of maximum drawdown, FBCV dropped -15.55% vs VGT's -54.63%.

Which ETF is better, FBCV or VGT?

On 5-year performance, VGT leads with 19.51% vs 9.42% for FBCV. On fees, VGT is cheaper at 0.09% per year. On volatility, FBCV has been the lower-risk option at 2.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FBCV or VGT?

Over the 5-year period, VGT has performed better with a 19.51% return vs 9.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FBCV or VGT?

VGT is cheaper with a 0.09% expense ratio, compared with 0.57% for FBCV.

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

FBCV has the higher dividend yield at 2.60%, compared with 0.33% for VGT.

What is the main difference between FBCV and VGT?

FBCV is categorized as Large Cap Value Equities, while VGT is Technology Equities. They also come from different issuers: Fidelity and Vanguard. Their fees differ too: 0.57% for FBCV and 0.09% for VGT.

Which has better risk-adjusted returns?

FBCV currently has the higher Sharpe Ratio (2.30 vs 2.07), 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.