FBCV vs. VUG

Last updated Jun 24, 2026

FBCV (Fidelity Blue Chip Value ETF) and VUG (Vanguard Growth ETF) are both exchange-traded funds - FBCV is a Large Cap Value Equities fund actively managed by Fidelity, while VUG is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. FBCV is actively managed, while VUG is passively managed. Over the past 5 years, FBCV returned 9.42%/yr vs 12.80%/yr for VUG. A 0.52 correlation means they provide meaningful diversification when combined. FBCV charges 0.57%/yr vs 0.03%/yr for VUG.

Performance

FBCV vs. VUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Value ETF (FBCV) and Vanguard Growth ETF (VUG). 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 higher than VUG's 3.52% return.

FBCV

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

VUG

• 1D: -2.12%
• 1M: -3.95%
• YTD: 3.52%
• 6M: 2.23%
• 1Y: 20.05%
• 3Y*: 22.74%
• 5Y*: 12.80%
• 10Y*: 18.02%

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

FBCV vs. VUG - 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%
VUG Vanguard Growth ETF	3.52%	19.40%	32.69%	46.83%	-33.16%	27.35%	29.08%

Correlation

The correlation between FBCV and VUG is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.52

The correlation between FBCV and VUG shifts across timeframes, from 0.42 (3 years) to 0.55 (5 years), reflecting how their relationship changes across market environments.

FBCV vs. VUG - Sectors Allocation Comparison

Sectors	FBCV	VUG
Financial Services	20.3%	4.3%
Healthcare	12.0%	4.6%
Industrials	11.9%	3.6%
Technology	11.8%	53.5%
Consumer Cyclical	10.4%	12.2%
Communication Services	9.4%	17.3%
Consumer Defensive	9.4%	1.5%
Energy	8.3%	0.4%
Basic Materials	3.5%	0.6%
Utilities	2.3%	0.9%
Real Estate	0.8%	1.0%

Return for Risk

FBCV vs. VUG — 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

VUG

VUG Risk / Return Rank: 31
VUG Sharpe Ratio Rank: 34
VUG Sortino Ratio Rank: 32
VUG Omega Ratio Rank: 33
VUG Calmar Ratio Rank: 26
VUG Martin Ratio Rank: 30

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. VUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Value ETF (FBCV) and Vanguard Growth ETF (VUG). 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	VUG	Difference
Sharpe ratio: Return per unit of total volatility	2.30	1.19	+1.11
Sortino ratio: Return per unit of downside risk	3.37	1.67	+1.70
Omega ratio: Gain probability vs. loss probability	1.42	1.21	+0.20
Calmar ratio: Return relative to maximum drawdown	3.47	1.22	+2.25
Martin ratio: Return relative to average drawdown	14.11	4.15	+9.96

FBCV vs. VUG - Sharpe Ratio Comparison

The current FBCV Sharpe Ratio is 2.30, which is higher than the VUG Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of FBCV and VUG, 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. VUG - Drawdown Comparison

The maximum FBCV drawdown since its inception was -15.55%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for FBCV and VUG.

Drawdown Indicators

	FBCV	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-15.55%	-50.68%	+35.13%
Max Drawdown (1Y) Largest decline over 1 year	-7.04%	-16.53%	+9.49%
Max Drawdown (3Y) Largest decline over 3 years	-14.32%	-22.85%	+8.53%
Max Drawdown (5Y) Largest decline over 5 years	-15.55%	-35.61%	+20.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.61%	—
Current Drawdown Current decline from peak	-1.11%	-6.88%	+5.77%
Average Drawdown Average peak-to-trough decline	-3.43%	-7.09%	+3.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	4.84%	-3.11%

Volatility

FBCV vs. VUG - Volatility Comparison

The current volatility for Fidelity Blue Chip Value ETF (FBCV) is 2.77%, while Vanguard Growth ETF (VUG) has a volatility of 6.86%. This indicates that FBCV experiences smaller price fluctuations and is considered to be less risky than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCV	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.77%	6.86%	-4.09%
Volatility (6M) Calculated over the trailing 6-month period	7.85%	13.44%	-5.59%
Volatility (1Y) Calculated over the trailing 1-year period	10.63%	16.91%	-6.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.80%	22.39%	-8.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.70%	21.51%	-6.81%

FBCV vs. VUG - Expense Ratio Comparison

FBCV has a 0.57% expense ratio, which is higher than VUG's 0.03% expense ratio.

Dividends

FBCV vs. VUG - Dividend Comparison

FBCV's dividend yield for the trailing twelve months is around 2.60%, more than VUG's 0.39% 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%
VUG Vanguard Growth ETF	0.39%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both FBCV and VUG in my portfolio?

FBCV and VUG have a correlation of 0.47, 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 VUG?

VUG has higher volatility (6.86%) compared to FBCV (2.77%). In terms of maximum drawdown, FBCV dropped -15.55% vs VUG's -50.68%.

Which ETF is better, FBCV or VUG?

On 5-year performance, VUG leads with 12.80% vs 9.42% for FBCV. On fees, VUG is cheaper at 0.03% 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 VUG?

Over the 5-year period, VUG has performed better with a 12.80% 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 VUG?

VUG is cheaper with a 0.03% expense ratio, compared with 0.57% for FBCV.

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

FBCV has the higher dividend yield at 2.60%, compared with 0.39% for VUG.

What is the main difference between FBCV and VUG?

FBCV is categorized as Large Cap Value Equities, while VUG is Large Cap Growth Equities. They also come from different issuers: Fidelity and Vanguard. Their fees differ too: 0.57% for FBCV and 0.03% for VUG.

Which has better risk-adjusted returns?

FBCV currently has the higher Sharpe Ratio (2.30 vs 1.19), 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.