FBCVX vs. SCHX

Last updated Jul 17, 2026

FBCVX (Fidelity Blue Chip Value Fund) and SCHX (Schwab U.S. Large-Cap ETF) are both funds - FBCVX is a Large Cap Value Equities fund managed by Fidelity, while SCHX is a Large Cap Blend Equities fund tracking the Dow Jones U.S. Large-Cap Total Stock Market Index. Over the past 10 years, FBCVX returned 9.61%/yr vs 15.03%/yr for SCHX. Their correlation of 0.85 suggests significant overlap in exposure. FBCVX charges 0.63%/yr vs 0.03%/yr for SCHX.

Performance

FBCVX vs. SCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Value Fund (FBCVX) and Schwab U.S. Large-Cap ETF (SCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBCVX achieves a 20.96% return, which is significantly higher than SCHX's 10.64% return. Over the past 10 years, FBCVX has underperformed SCHX with an annualized return of 9.61%, while SCHX has yielded a comparatively higher 15.03% annualized return.

FBCVX

• 1D: 0.35%
• 1M: 1.93%
• 6M: 16.23%
• YTD: 20.96%
• 1Y: 34.21%
• 3Y*: 14.50%
• 5Y*: 10.65%
• 10Y*: 9.61%

SCHX

• 1D: -0.44%
• 1M: 0.47%
• 6M: 8.78%
• YTD: 10.64%
• 1Y: 21.14%
• 3Y*: 19.98%
• 5Y*: 12.71%
• 10Y*: 15.03%

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

FBCVX vs. SCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBCVX Fidelity Blue Chip Value Fund	20.96%	11.14%	4.91%	7.07%	1.54%	25.04%	-4.72%	21.71%	-9.19%	14.88%
SCHX Schwab U.S. Large-Cap ETF	10.64%	17.46%	24.88%	26.84%	-19.41%	26.81%	20.81%	31.22%	-4.66%	21.95%

Correlation

The correlation between FBCVX and SCHX is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Nov 3, 2009	0.85

The correlation between FBCVX and SCHX shifts across timeframes, from 0.64 (3 years) to 0.85 (all time), reflecting how their relationship changes across market environments.

FBCVX vs. SCHX - Sectors Allocation Comparison

Sectors	FBCVX	SCHX
Financial Services	16.9%	11.1%
Technology	16.1%	38.3%
Healthcare	12.3%	8.4%
Industrials	12.0%	8.6%
Communication Services	9.6%	10.3%
Consumer Cyclical	9.0%	9.8%
Energy	6.7%	3.2%
Consumer Defensive	5.9%	4.4%
Real Estate	4.4%	2.0%
Basic Materials	4.1%	1.8%
Utilities	3.1%	2.1%

Return for Risk

FBCVX vs. SCHX — Risk / Return Rank

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

FBCVX

FBCVX Risk / Return Rank: 92
FBCVX Sharpe Ratio Rank: 95
FBCVX Sortino Ratio Rank: 91
FBCVX Omega Ratio Rank: 88
FBCVX Calmar Ratio Rank: 90
FBCVX Martin Ratio Rank: 94

SCHX

SCHX Risk / Return Rank: 63
SCHX Sharpe Ratio Rank: 63
SCHX Sortino Ratio Rank: 61
SCHX Omega Ratio Rank: 62
SCHX Calmar Ratio Rank: 58
SCHX Martin Ratio Rank: 70

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.

FBCVX vs. SCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Value Fund (FBCVX) and Schwab U.S. Large-Cap ETF (SCHX). 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.

	FBCVX	SCHX	Difference
Sharpe ratio: Return per unit of total volatility	2.74	1.68	+1.06
Sortino ratio: Return per unit of downside risk	3.85	2.32	+1.54
Omega ratio: Gain probability vs. loss probability	1.51	1.30	+0.20
Calmar ratio: Return relative to maximum drawdown	3.74	2.35	+1.38
Martin ratio: Return relative to average drawdown	15.57	10.08	+5.49

FBCVX vs. SCHX - Sharpe Ratio Comparison

The current FBCVX Sharpe Ratio is 2.74, which is higher than the SCHX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of FBCVX and SCHX, 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

FBCVX vs. SCHX - Drawdown Comparison

The maximum FBCVX drawdown since its inception was -63.75%, which is greater than SCHX's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for FBCVX and SCHX.

Drawdown Indicators

	FBCVX	SCHX	Difference
Max Drawdown Largest peak-to-trough decline	-63.75%	-34.33%	-29.42%
Max Drawdown (1Y) Largest decline over 1 year	-9.29%	-9.02%	-0.27%
Max Drawdown (3Y) Largest decline over 3 years	-14.82%	-19.04%	+4.22%
Max Drawdown (5Y) Largest decline over 5 years	-14.82%	-25.41%	+10.59%
Max Drawdown (10Y) Largest decline over 10 years	-41.65%	-34.33%	-7.32%
Current Drawdown Current decline from peak	-0.26%	-0.77%	+0.51%
Average Drawdown Average peak-to-trough decline	-10.64%	-3.95%	-6.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	2.10%	+0.12%

Volatility

FBCVX vs. SCHX - Volatility Comparison

Fidelity Blue Chip Value Fund (FBCVX) and Schwab U.S. Large-Cap ETF (SCHX) have volatilities of 3.23% and 3.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCVX	SCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	3.30%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	10.12%	10.02%	+0.10%
Volatility (1Y) Calculated over the trailing 1-year period	12.75%	12.67%	+0.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.74%	17.23%	-3.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	18.13%	-1.15%

FBCVX vs. SCHX - Expense Ratio Comparison

FBCVX has a 0.63% expense ratio, which is higher than SCHX's 0.03% expense ratio.

Dividends

FBCVX vs. SCHX - Dividend Comparison

FBCVX's dividend yield for the trailing twelve months is around 2.43%, more than SCHX's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBCVX Fidelity Blue Chip Value Fund	2.43%	2.94%	9.31%	3.64%	2.59%	1.26%	1.07%	1.75%	1.47%	1.11%	1.05%	1.82%
SCHX Schwab U.S. Large-Cap ETF	1.02%	1.09%	1.22%	1.39%	1.64%	1.22%	1.64%	1.82%	2.02%	1.70%	1.92%	2.04%

Frequently Asked Questions

Can I hold both FBCVX and SCHX in my portfolio?

FBCVX and SCHX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FBCVX or SCHX?

SCHX has higher volatility (3.30%) compared to FBCVX (3.23%). In terms of maximum drawdown, FBCVX dropped -63.75% vs SCHX's -34.33%.

Which has better risk-adjusted returns?

FBCVX currently has the higher Sharpe Ratio (2.74 vs 1.68), 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.