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FCOR vs. FBCG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FCOR vs. FBCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Corporate Bond ETF (FCOR) and Fidelity Blue Chip Growth ETF (FBCG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FCOR achieves a -0.59% return, which is significantly lower than FBCG's 11.42% return.


FCOR

1D
0.22%
1M
-1.41%
6M
-0.87%
YTD
-0.59%
1Y
1.97%
3Y*
5.32%
5Y*
-0.12%
10Y*
2.55%
ALL TIME*
2.79%

FBCG

1D
2.21%
1M
0.02%
6M
11.39%
YTD
11.42%
1Y
24.47%
3Y*
26.40%
5Y*
13.15%
10Y*
ALL TIME*
19.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$37.99M$34.97M$38.44M
$2.15M$2.03M$1.92M

FCOR vs. FBCG - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
FCOR
Fidelity Corporate Bond ETF
-0.59%7.88%3.01%8.95%-15.88%-1.64%7.70%
FBCG
Fidelity Blue Chip Growth ETF
11.42%18.60%39.05%57.98%-39.10%21.34%41.44%

Correlation

The correlation between FCOR and FBCG is 0.35, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.35

Correlation (3Y)
Balances recent behavior with more history.

0.23

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.26

Correlation (All Time)
Calculated using the full available price history since Jun 4, 2020

0.27

The correlation between FCOR and FBCG shifts across timeframes, from 0.23 (3 years) to 0.35 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

FCOR vs. FBCG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FCOR
FCOR Risk / Return Rank: 2121
Overall Rank
FCOR Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
FCOR Sortino Ratio Rank: 1919
Sortino Ratio Rank
FCOR Omega Ratio Rank: 1919
Omega Ratio Rank
FCOR Calmar Ratio Rank: 2222
Calmar Ratio Rank
FCOR Martin Ratio Rank: 2323
Martin Ratio Rank

FBCG
FBCG Risk / Return Rank: 4646
Overall Rank
FBCG Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
FBCG Sortino Ratio Rank: 4646
Sortino Ratio Rank
FBCG Omega Ratio Rank: 4444
Omega Ratio Rank
FBCG Calmar Ratio Rank: 4444
Calmar Ratio Rank
FBCG Martin Ratio Rank: 4848
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FCOR vs. FBCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Corporate Bond ETF (FCOR) and Fidelity Blue Chip Growth ETF (FBCG). 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.


FCORFBCGDifference
Sharpe ratioReturn per unit of total volatility

-0.73

Sortino ratioReturn per unit of downside risk

-1.05

Omega ratioGain probability vs. loss probability

1.08

1.21

-0.13

Calmar ratioReturn relative to maximum drawdown

0.65

1.62

-0.98

Martin ratioReturn relative to average drawdown

1.71

5.52

-3.80

FCOR vs. FBCG - Sharpe Ratio Comparison

The current FCOR Sharpe Ratio is 0.46, which is lower than the FBCG Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of FCOR and FBCG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FCOR vs. FBCG - Drawdown Comparison

The maximum FCOR drawdown since its inception was -22.60%, smaller than the maximum FBCG drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for FCOR and FBCG.


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Drawdown Indicators


FCORFBCGDifference

Max Drawdown

Largest peak-to-trough decline

-22.60%

-43.56%

+20.96%

Max Drawdown (1Y)

Largest decline over 1 year

-3.06%

-15.17%

+12.11%

Max Drawdown (3Y)

Largest decline over 3 years

-5.55%

-27.89%

+22.34%

Max Drawdown (5Y)

Largest decline over 5 years

-22.58%

-43.56%

+20.98%

Max Drawdown (10Y)

Largest decline over 10 years

-22.60%

Current Drawdown

Current decline from peak

-2.22%

-4.62%

+2.40%

Average Drawdown

Average peak-to-trough decline

-4.68%

-11.31%

+6.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.15%

4.45%

-3.30%

Volatility

FCOR vs. FBCG - Volatility Comparison

The current volatility for Fidelity Corporate Bond ETF (FCOR) is 1.24%, while Fidelity Blue Chip Growth ETF (FBCG) has a volatility of 6.68%. This indicates that FCOR experiences smaller price fluctuations and is considered to be less risky than FBCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCORFBCGDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.24%

6.68%

-5.44%

Volatility (6M)

Calculated over the trailing 6-month period

3.56%

16.57%

-13.01%

Volatility (1Y)

Calculated over the trailing 1-year period

4.34%

20.68%

-16.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.07%

26.11%

-19.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.10%

25.74%

-18.64%

FCOR vs. FBCG - Expense Ratio Comparison

FCOR has a 0.36% expense ratio, which is lower than FBCG's 0.59% expense ratio.


Dividends

FCOR vs. FBCG - Dividend Comparison

FCOR's dividend yield for the trailing twelve months is around 4.67%, more than FBCG's 0.04% yield.


PositionTTM20252024202320222021202020192018201720162015
FBCG
Fidelity Blue Chip Growth ETF
0.04%0.05%0.12%0.02%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%
FCOR
Fidelity Corporate Bond ETF
4.67%4.47%4.35%3.70%3.30%2.34%2.99%3.10%3.65%2.81%3.04%3.82%

Frequently Asked Questions


FCOR and FBCG have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FBCG has higher volatility (6.68%) compared to FCOR (1.24%). In terms of maximum drawdown, FCOR dropped -22.60% vs FBCG's -43.56%.

On 5-year performance, FBCG leads with 13.15% vs -0.12% for FCOR. On fees, FCOR is cheaper at 0.36% per year. On volatility, FCOR has been the lower-risk option at 1.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, FBCG has performed better with a 13.15% return vs -0.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FCOR is cheaper with a 0.36% expense ratio, compared with 0.59% for FBCG.

FCOR has the higher dividend yield at 4.67%, compared with 0.04% for FBCG.

FCOR is categorized as Corporate Bonds, while FBCG is Large Cap Growth Equities. Their fees differ too: 0.36% for FCOR and 0.59% for FBCG.

FBCG currently has the higher Sharpe Ratio (1.19 vs 0.46), 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.

Portfolio Optimizer

Find the right allocation for FCOR and FBCG

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