FNDX vs. FBCVX

Last updated Jun 4, 2026

FNDX (Schwab Fundamental U.S. Large Company Index ETF) and FBCVX (Fidelity Blue Chip Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, FNDX returned 14.26%/yr vs 9.20%/yr for FBCVX. Their correlation of 0.91 suggests significant overlap in exposure. FNDX charges 0.25%/yr vs 0.63%/yr for FBCVX.

Performance

FNDX vs. FBCVX - Performance Comparison

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

Returns By Period

In the year-to-date period, FNDX achieves a 14.57% return, which is significantly lower than FBCVX's 16.27% return. Over the past 10 years, FNDX has outperformed FBCVX with an annualized return of 14.26%, while FBCVX has yielded a comparatively lower 9.20% annualized return.

FNDX

• 1D: -0.13%
• 1M: 3.88%
• YTD: 14.57%
• 6M: 14.58%
• 1Y: 32.32%
• 3Y*: 20.90%
• 5Y*: 12.82%
• 10Y*: 14.26%

FBCVX

• 1D: 0.50%
• 1M: 5.37%
• YTD: 16.27%
• 6M: 17.25%
• 1Y: 29.01%
• 3Y*: 13.95%
• 5Y*: 9.30%
• 10Y*: 9.20%

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

FNDX vs. FBCVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FNDX Schwab Fundamental U.S. Large Company Index ETF	14.57%	16.94%	16.77%	18.23%	-6.92%	31.73%	9.12%	28.65%	-7.30%	17.12%
FBCVX Fidelity Blue Chip Value Fund	16.27%	11.14%	4.91%	7.07%	1.54%	25.04%	-4.72%	21.71%	-9.19%	14.88%

Correlation

The correlation between FNDX and FBCVX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Aug 16, 2013	0.91

The correlation between FNDX and FBCVX has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.

FNDX vs. FBCVX - Sectors Allocation Comparison

Sectors	FNDX	FBCVX
Technology	19.1%	13.6%
Financial Services	14.1%	18.4%
Healthcare	12.0%	12.7%
Energy	10.3%	7.8%
Communication Services	10.1%	9.0%
Industrials	9.3%	12.4%
Consumer Cyclical	9.2%	8.4%
Consumer Defensive	7.4%	5.4%
Basic Materials	3.7%	4.1%
Utilities	3.2%	3.4%
Real Estate	1.8%	4.9%

Return for Risk

FNDX vs. FBCVX — Risk / Return Rank

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

FNDX

FNDX Risk / Return Rank: 90
FNDX Sharpe Ratio Rank: 90
FNDX Sortino Ratio Rank: 91
FNDX Omega Ratio Rank: 90
FNDX Calmar Ratio Rank: 89
FNDX Martin Ratio Rank: 90

FBCVX

FBCVX Risk / Return Rank: 69
FBCVX Sharpe Ratio Rank: 72
FBCVX Sortino Ratio Rank: 71
FBCVX Omega Ratio Rank: 66
FBCVX Calmar Ratio Rank: 71
FBCVX Martin Ratio Rank: 67

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.

FNDX vs. FBCVX - Risk-Adjusted Trends Comparison

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

	FNDX	FBCVX	Difference
Sharpe ratio: Return per unit of total volatility	3.18	2.46	+0.72
Sortino ratio: Return per unit of downside risk	4.47	3.50	+0.97
Omega ratio: Gain probability vs. loss probability	1.59	1.45	+0.13
Calmar ratio: Return relative to maximum drawdown	5.35	3.25	+2.10
Martin ratio: Return relative to average drawdown	20.97	12.98	+7.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FNDX vs. FBCVX - Sharpe Ratio Comparison

The current FNDX Sharpe Ratio is 3.18, which is comparable to the FBCVX Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of FNDX and FBCVX, 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

	FNDX	FBCVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.18	2.46	+0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.68	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	0.54	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.34	+0.46

Drawdowns

FNDX vs. FBCVX - Drawdown Comparison

The maximum FNDX drawdown since its inception was -37.72%, smaller than the maximum FBCVX drawdown of -63.75%. Use the drawdown chart below to compare losses from any high point for FNDX and FBCVX.

Drawdown Indicators

	FNDX	FBCVX	Difference
Max Drawdown Largest peak-to-trough decline	-37.72%	-63.75%	+26.03%
Max Drawdown (1Y) Largest decline over 1 year	-6.06%	-9.29%	+3.23%
Max Drawdown (3Y) Largest decline over 3 years	-16.30%	-14.82%	-1.48%
Max Drawdown (5Y) Largest decline over 5 years	-19.06%	-14.82%	-4.24%
Max Drawdown (10Y) Largest decline over 10 years	-37.72%	-41.65%	+3.93%
Current Drawdown Current decline from peak	-0.13%	0.00%	-0.13%
Average Drawdown Average peak-to-trough decline	-3.55%	-10.69%	+7.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.55%	2.32%	-0.77%

Volatility

FNDX vs. FBCVX - Volatility Comparison

The current volatility for Schwab Fundamental U.S. Large Company Index ETF (FNDX) is 2.25%, while Fidelity Blue Chip Value Fund (FBCVX) has a volatility of 3.45%. This indicates that FNDX experiences smaller price fluctuations and is considered to be less risky than FBCVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNDX	FBCVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.25%	3.45%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	7.25%	9.60%	-2.35%
Volatility (1Y) Calculated over the trailing 1-year period	10.22%	12.30%	-2.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.18%	13.68%	+1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.50%	17.09%	+0.41%

FNDX vs. FBCVX - Expense Ratio Comparison

FNDX has a 0.25% expense ratio, which is lower than FBCVX's 0.63% expense ratio.

Dividends

FNDX vs. FBCVX - Dividend Comparison

FNDX's dividend yield for the trailing twelve months is around 1.45%, less than FBCVX's 2.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBCVX Fidelity Blue Chip Value Fund	2.53%	2.94%	9.31%	3.64%	2.59%	1.26%	1.07%	1.75%	1.47%	1.11%	1.05%	1.82%
FNDX Schwab Fundamental U.S. Large Company Index ETF	1.45%	1.63%	1.76%	1.82%	2.07%	1.64%	2.29%	2.23%	2.40%	1.86%	2.01%	2.01%

Frequently Asked Questions

Can I hold both FNDX and FBCVX in my portfolio?

With a correlation of 0.92, FNDX and FBCVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FNDX or FBCVX?

FBCVX has higher volatility (3.45%) compared to FNDX (2.25%). In terms of maximum drawdown, FNDX dropped -37.72% vs FBCVX's -63.75%.

Which has better risk-adjusted returns?

FNDX currently has the higher Sharpe Ratio (3.18 vs 2.46), 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.