FBCV vs. VTV

Last updated Jun 4, 2026

FBCV (Fidelity Blue Chip Value ETF) and VTV (Vanguard Value ETF) are both Large Cap Value Equities funds. FBCV is actively managed, while VTV is passively managed. Over the past 5 years, FBCV returned 8.64%/yr vs 11.24%/yr for VTV. Their correlation of 0.94 suggests significant overlap in exposure. FBCV charges 0.57%/yr vs 0.04%/yr for VTV.

Performance

FBCV vs. VTV - Performance Comparison

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

Returns By Period

In the year-to-date period, FBCV achieves a 9.91% return, which is significantly lower than VTV's 12.30% return.

FBCV

• 1D: -0.20%
• 1M: 2.72%
• YTD: 9.91%
• 6M: 11.56%
• 1Y: 24.49%
• 3Y*: 14.94%
• 5Y*: 8.64%
• 10Y*: —

VTV

• 1D: 0.01%
• 1M: 4.23%
• YTD: 12.30%
• 6M: 13.12%
• 1Y: 26.25%
• 3Y*: 18.28%
• 5Y*: 11.24%
• 10Y*: 12.48%

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

FBCV vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FBCV Fidelity Blue Chip Value ETF	9.91%	16.36%	10.26%	5.45%	-2.26%	26.18%	16.98%
VTV Vanguard Value ETF	12.30%	15.27%	15.95%	9.32%	-2.09%	26.53%	15.57%

Correlation

The correlation between FBCV and VTV 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	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jun 5, 2020	0.94

The correlation between FBCV and VTV has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

FBCV vs. VTV - Sectors Allocation Comparison

Sectors	FBCV	VTV
Financial Services	21.6%	22.3%
Industrials	12.2%	14.0%
Healthcare	11.9%	14.5%
Technology	10.1%	13.4%
Energy	10.0%	8.1%
Consumer Defensive	9.8%	9.4%
Consumer Cyclical	9.3%	4.0%
Communication Services	8.3%	3.3%
Basic Materials	3.6%	3.1%
Utilities	2.5%	5.2%
Real Estate	0.8%	2.8%

Return for Risk

FBCV vs. VTV — Risk / Return Rank

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

FBCV

FBCV Risk / Return Rank: 72
FBCV Sharpe Ratio Rank: 71
FBCV Sortino Ratio Rank: 76
FBCV Omega Ratio Rank: 70
FBCV Calmar Ratio Rank: 70
FBCV Martin Ratio Rank: 75

VTV

VTV Risk / Return Rank: 79
VTV Sharpe Ratio Rank: 78
VTV Sortino Ratio Rank: 82
VTV Omega Ratio Rank: 77
VTV Calmar Ratio Rank: 79
VTV Martin Ratio Rank: 79

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. VTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Value ETF (FBCV) and Vanguard Value ETF (VTV). 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	VTV	Difference
Sharpe ratio: Return per unit of total volatility	2.35	2.61	-0.26
Sortino ratio: Return per unit of downside risk	3.46	3.74	-0.27
Omega ratio: Gain probability vs. loss probability	1.43	1.47	-0.04
Calmar ratio: Return relative to maximum drawdown	3.49	4.15	-0.66
Martin ratio: Return relative to average drawdown	14.27	15.69	-1.42
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. VTV - Sharpe Ratio Comparison

The current FBCV Sharpe Ratio is 2.35, which is comparable to the VTV Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of FBCV and VTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FBCV	VTV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	2.61	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.81	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.51	+0.41

Drawdowns

FBCV vs. VTV - Drawdown Comparison

The maximum FBCV drawdown since its inception was -15.55%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for FBCV and VTV.

Drawdown Indicators

	FBCV	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-15.55%	-59.27%	+43.72%
Max Drawdown (1Y) Largest decline over 1 year	-7.04%	-6.35%	-0.69%
Max Drawdown (3Y) Largest decline over 3 years	-14.32%	-14.52%	+0.20%
Max Drawdown (5Y) Largest decline over 5 years	-15.55%	-17.04%	+1.49%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.78%	—
Current Drawdown Current decline from peak	-0.50%	0.00%	-0.50%
Average Drawdown Average peak-to-trough decline	-3.45%	-7.87%	+4.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	1.68%	+0.04%

Volatility

FBCV vs. VTV - Volatility Comparison

The current volatility for Fidelity Blue Chip Value ETF (FBCV) is 2.18%, while Vanguard Value ETF (VTV) has a volatility of 2.52%. This indicates that FBCV experiences smaller price fluctuations and is considered to be less risky than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCV	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	2.52%	-0.34%
Volatility (6M) Calculated over the trailing 6-month period	7.66%	7.55%	+0.11%
Volatility (1Y) Calculated over the trailing 1-year period	10.49%	10.11%	+0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.81%	13.88%	-0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.73%	16.67%	-1.94%

FBCV vs. VTV - Expense Ratio Comparison

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

Dividends

FBCV vs. VTV - Dividend Comparison

FBCV's dividend yield for the trailing twelve months is around 2.69%, more than VTV's 1.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBCV Fidelity Blue Chip Value ETF	2.69%	2.95%	1.75%	1.68%	2.01%	3.13%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%
VTV Vanguard Value ETF	1.86%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both FBCV and VTV in my portfolio?

With a correlation of 0.90, FBCV and VTV 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 VTV?

VTV has higher volatility (2.52%) compared to FBCV (2.18%). In terms of maximum drawdown, FBCV dropped -15.55% vs VTV's -59.27%.

Which ETF is better, FBCV or VTV?

On 5-year performance, VTV leads with 11.24% vs 8.64% for FBCV. On fees, VTV is cheaper at 0.04% per year. On volatility, FBCV has been the lower-risk option at 2.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FBCV or VTV?

Over the 5-year period, VTV has performed better with a 11.24% return vs 8.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FBCV or VTV?

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

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

FBCV has the higher dividend yield at 2.69%, compared with 1.86% for VTV.

What is the main difference between FBCV and VTV?

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

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.61 vs 2.35), 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.