FBGRX vs. VOOV

Last updated Jun 4, 2026

FBGRX (Fidelity Blue Chip Growth Fund) and VOOV (Vanguard S&P 500 Value ETF) are both funds - FBGRX is a Large Cap Growth Equities fund managed by Fidelity, while VOOV is a Large Cap Value Equities fund tracking the S&P 500 Value Index. Over the past 10 years, FBGRX returned 21.88%/yr vs 11.82%/yr for VOOV. A 0.70 correlation means they provide meaningful diversification when combined. FBGRX charges 0.79%/yr vs 0.07%/yr for VOOV.

Performance

FBGRX vs. VOOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Growth Fund (FBGRX) and Vanguard S&P 500 Value ETF (VOOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBGRX achieves a 18.56% return, which is significantly higher than VOOV's 7.51% return. Over the past 10 years, FBGRX has outperformed VOOV with an annualized return of 21.88%, while VOOV has yielded a comparatively lower 11.82% annualized return.

FBGRX

• 1D: 0.76%
• 1M: 9.10%
• YTD: 18.56%
• 6M: 19.76%
• 1Y: 44.98%
• 3Y*: 32.54%
• 5Y*: 17.08%
• 10Y*: 21.88%

VOOV

• 1D: -0.40%
• 1M: 2.22%
• YTD: 7.51%
• 6M: 7.76%
• 1Y: 21.33%
• 3Y*: 15.68%
• 5Y*: 10.64%
• 10Y*: 11.82%

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

FBGRX vs. VOOV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBGRX Fidelity Blue Chip Growth Fund	18.56%	19.91%	39.77%	55.61%	-38.45%	22.64%	62.20%	33.43%	1.02%	36.01%
VOOV Vanguard S&P 500 Value ETF	7.51%	13.10%	12.21%	22.15%	-5.37%	24.87%	1.23%	31.75%	-9.09%	15.26%

Correlation

The correlation between FBGRX and VOOV is 0.50, 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	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Sep 10, 2010	0.70

The correlation between FBGRX and VOOV shifts across timeframes, from 0.50 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FBGRX vs. VOOV — Risk / Return Rank

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

FBGRX

FBGRX Risk / Return Rank: 75
FBGRX Sharpe Ratio Rank: 83
FBGRX Sortino Ratio Rank: 67
FBGRX Omega Ratio Rank: 65
FBGRX Calmar Ratio Rank: 80
FBGRX Martin Ratio Rank: 83

VOOV

VOOV Risk / Return Rank: 65
VOOV Sharpe Ratio Rank: 64
VOOV Sortino Ratio Rank: 64
VOOV Omega Ratio Rank: 62
VOOV Calmar Ratio Rank: 67
VOOV Martin Ratio Rank: 69

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.

FBGRX vs. VOOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth Fund (FBGRX) and Vanguard S&P 500 Value ETF (VOOV). 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.

	FBGRX	VOOV	Difference
Sharpe ratio: Return per unit of total volatility	2.67	2.18	+0.49
Sortino ratio: Return per unit of downside risk	3.41	3.04	+0.37
Omega ratio: Gain probability vs. loss probability	1.45	1.39	+0.06
Calmar ratio: Return relative to maximum drawdown	3.67	3.42	+0.26
Martin ratio: Return relative to average drawdown	15.56	13.04	+2.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FBGRX vs. VOOV - Sharpe Ratio Comparison

The current FBGRX Sharpe Ratio is 2.67, which is comparable to the VOOV Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of FBGRX and VOOV, 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

	FBGRX	VOOV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.67	2.18	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.74	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.93	0.70	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.75	-0.07

Drawdowns

FBGRX vs. VOOV - Drawdown Comparison

The maximum FBGRX drawdown since its inception was -58.64%, which is greater than VOOV's maximum drawdown of -37.31%. Use the drawdown chart below to compare losses from any high point for FBGRX and VOOV.

Drawdown Indicators

	FBGRX	VOOV	Difference
Max Drawdown Largest peak-to-trough decline	-58.64%	-37.31%	-21.33%
Max Drawdown (1Y) Largest decline over 1 year	-12.65%	-6.27%	-6.38%
Max Drawdown (3Y) Largest decline over 3 years	-27.07%	-17.55%	-9.52%
Max Drawdown (5Y) Largest decline over 5 years	-43.08%	-18.10%	-24.98%
Max Drawdown (10Y) Largest decline over 10 years	-43.08%	-37.31%	-5.77%
Current Drawdown Current decline from peak	0.00%	-0.52%	+0.52%
Average Drawdown Average peak-to-trough decline	-12.53%	-3.84%	-8.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	1.64%	+1.34%

Volatility

FBGRX vs. VOOV - Volatility Comparison

Fidelity Blue Chip Growth Fund (FBGRX) has a higher volatility of 4.14% compared to Vanguard S&P 500 Value ETF (VOOV) at 2.01%. This indicates that FBGRX's price experiences larger fluctuations and is considered to be riskier than VOOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBGRX	VOOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	2.01%	+2.13%
Volatility (6M) Calculated over the trailing 6-month period	13.00%	7.06%	+5.94%
Volatility (1Y) Calculated over the trailing 1-year period	17.44%	9.83%	+7.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.88%	14.45%	+10.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.69%	16.95%	+6.74%

FBGRX vs. VOOV - Expense Ratio Comparison

FBGRX has a 0.79% expense ratio, which is higher than VOOV's 0.07% expense ratio.

Dividends

FBGRX vs. VOOV - Dividend Comparison

FBGRX's dividend yield for the trailing twelve months is around 1.60%, less than VOOV's 1.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBGRX Fidelity Blue Chip Growth Fund	1.60%	1.90%	5.95%	0.93%	0.57%	8.73%	6.40%	3.70%	6.32%	4.23%	4.05%	5.30%
VOOV Vanguard S&P 500 Value ETF	1.68%	1.76%	2.10%	1.69%	2.19%	1.87%	2.45%	2.10%	2.65%	2.13%	2.24%	2.36%

Frequently Asked Questions

Can I hold both FBGRX and VOOV in my portfolio?

FBGRX and VOOV have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FBGRX or VOOV?

FBGRX has higher volatility (4.14%) compared to VOOV (2.01%). In terms of maximum drawdown, FBGRX dropped -58.64% vs VOOV's -37.31%.

Which has better risk-adjusted returns?

FBGRX currently has the higher Sharpe Ratio (2.67 vs 2.18), 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.