FIDU vs. FBCG

Last updated Jun 4, 2026

FIDU (Fidelity MSCI Industrials Index ETF) and FBCG (Fidelity Blue Chip Growth ETF) are both exchange-traded funds - FIDU is a Industrials Equities fund tracking the MSCI USA IMI Industrials Index, while FBCG is a Large Cap Growth Equities fund actively managed by Fidelity. FIDU is passively managed, while FBCG is actively managed. Over the past 5 years, FIDU returned 12.80%/yr vs 15.84%/yr for FBCG. A 0.64 correlation means they provide meaningful diversification when combined. FIDU charges 0.08%/yr vs 0.59%/yr for FBCG.

Performance

FIDU vs. FBCG - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with FIDU having a 14.93% return and FBCG slightly higher at 15.59%.

FIDU

• 1D: -0.19%
• 1M: 2.22%
• YTD: 14.93%
• 6M: 15.53%
• 1Y: 26.81%
• 3Y*: 22.62%
• 5Y*: 12.80%
• 10Y*: 14.31%

FBCG

• 1D: -1.05%
• 1M: 7.84%
• YTD: 15.59%
• 6M: 15.51%
• 1Y: 39.38%
• 3Y*: 30.60%
• 5Y*: 15.84%
• 10Y*: —

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

FIDU vs. FBCG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FIDU Fidelity MSCI Industrials Index ETF	14.93%	18.61%	16.51%	22.62%	-8.36%	20.96%	26.57%
FBCG Fidelity Blue Chip Growth ETF	15.59%	18.60%	39.05%	57.98%	-39.10%	21.34%	42.99%

Correlation

The correlation between FIDU and FBCG is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jun 5, 2020	0.64

The correlation between FIDU and FBCG has been stable across timeframes, ranging from 0.60 to 0.69 - a consistent structural relationship.

FIDU vs. FBCG - Sectors Allocation Comparison

Sectors	FIDU	FBCG
Industrials	92.1%	5.7%
Technology	6.4%	48.3%
Consumer Cyclical	1.0%	17.2%
Basic Materials	0.2%	0.6%
Financial Services	0.2%	2.2%
Utilities	0.1%	0.5%
Communication Services	0.0%	16.6%
Energy	0.0%	0.4%
Healthcare	0.0%	6.7%
Consumer Defensive	-	1.3%
Real Estate	-	0.7%

Return for Risk

FIDU vs. FBCG — Risk / Return Rank

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

FIDU

FIDU Risk / Return Rank: 46
FIDU Sharpe Ratio Rank: 46
FIDU Sortino Ratio Rank: 47
FIDU Omega Ratio Rank: 43
FIDU Calmar Ratio Rank: 44
FIDU Martin Ratio Rank: 52

FBCG

FBCG Risk / Return Rank: 57
FBCG Sharpe Ratio Rank: 62
FBCG Sortino Ratio Rank: 59
FBCG Omega Ratio Rank: 58
FBCG Calmar Ratio Rank: 52
FBCG Martin Ratio Rank: 57

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.

FIDU vs. FBCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Industrials Index ETF (FIDU) 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.

	FIDU	FBCG	Difference
Sharpe ratio: Return per unit of total volatility	1.64	2.14	-0.50
Sortino ratio: Return per unit of downside risk	2.37	2.84	-0.47
Omega ratio: Gain probability vs. loss probability	1.28	1.36	-0.08
Calmar ratio: Return relative to maximum drawdown	2.20	2.61	-0.41
Martin ratio: Return relative to average drawdown	9.09	10.14	-1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIDU vs. FBCG - Sharpe Ratio Comparison

The current FIDU Sharpe Ratio is 1.64, which is comparable to the FBCG Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of FIDU 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.

Sharpe Ratios by Period

	FIDU	FBCG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	2.14	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.62	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.83	-0.17

Drawdowns

FIDU vs. FBCG - Drawdown Comparison

The maximum FIDU drawdown since its inception was -42.31%, roughly equal to the maximum FBCG drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for FIDU and FBCG.

Drawdown Indicators

	FIDU	FBCG	Difference
Max Drawdown Largest peak-to-trough decline	-42.31%	-43.56%	+1.25%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-15.17%	+2.94%
Max Drawdown (3Y) Largest decline over 3 years	-20.52%	-27.89%	+7.37%
Max Drawdown (5Y) Largest decline over 5 years	-22.87%	-43.56%	+20.69%
Max Drawdown (10Y) Largest decline over 10 years	-42.31%	—	—
Current Drawdown Current decline from peak	-1.27%	-1.05%	-0.22%
Average Drawdown Average peak-to-trough decline	-4.81%	-11.49%	+6.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	3.90%	-0.94%

Volatility

FIDU vs. FBCG - Volatility Comparison

Fidelity MSCI Industrials Index ETF (FIDU) has a higher volatility of 5.27% compared to Fidelity Blue Chip Growth ETF (FBCG) at 4.79%. This indicates that FIDU's price experiences larger fluctuations and is considered to be riskier than FBCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIDU	FBCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	4.79%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	13.52%	13.89%	-0.37%
Volatility (1Y) Calculated over the trailing 1-year period	16.50%	18.55%	-2.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.27%	25.79%	-7.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.31%	25.72%	-5.41%

FIDU vs. FBCG - Expense Ratio Comparison

FIDU has a 0.08% expense ratio, which is lower than FBCG's 0.59% expense ratio.

Dividends

FIDU vs. FBCG - Dividend Comparison

FIDU's dividend yield for the trailing twelve months is around 0.95%, more than FBCG's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FIDU Fidelity MSCI Industrials Index ETF	0.95%	1.02%	1.42%	1.42%	1.48%	1.12%	1.28%	1.73%	1.99%	1.60%	1.63%	1.98%

Frequently Asked Questions

Can I hold both FIDU and FBCG in my portfolio?

FIDU and FBCG have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIDU or FBCG?

FIDU has higher volatility (5.27%) compared to FBCG (4.79%). In terms of maximum drawdown, FIDU dropped -42.31% vs FBCG's -43.56%.

Which ETF is better, FIDU or FBCG?

On 5-year performance, FBCG leads with 15.84% vs 12.80% for FIDU. On fees, FIDU is cheaper at 0.08% per year. On volatility, FBCG has been the lower-risk option at 4.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FIDU or FBCG?

Over the 5-year period, FBCG has performed better with a 15.84% return vs 12.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FIDU or FBCG?

FIDU is cheaper with a 0.08% expense ratio, compared with 0.59% for FBCG.

Which ETF pays a higher dividend yield, FIDU or FBCG?

FIDU has the higher dividend yield at 0.95%, compared with 0.04% for FBCG.

What is the main difference between FIDU and FBCG?

FIDU is categorized as Industrials Equities, while FBCG is Large Cap Growth Equities. Their fees differ too: 0.08% for FIDU and 0.59% for FBCG.

Which has better risk-adjusted returns?

FBCG currently has the higher Sharpe Ratio (2.14 vs 1.64), 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.