FSBDX vs. VGT

Last updated Jun 24, 2026

FSBDX (Fidelity Series Blue Chip Growth Fund) and VGT (Vanguard Information Technology ETF) are both funds - FSBDX is a Large Cap Growth Equities fund managed by Fidelity, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Over the past 10 years, FSBDX returned 23.30%/yr vs 25.49%/yr for VGT. Their correlation of 0.93 suggests significant overlap in exposure. FSBDX charges 0.00%/yr vs 0.09%/yr for VGT.

Performance

FSBDX vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Blue Chip Growth Fund (FSBDX) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSBDX achieves a 17.97% return, which is significantly lower than VGT's 23.32% return. Over the past 10 years, FSBDX has underperformed VGT with an annualized return of 23.30%, while VGT has yielded a comparatively higher 25.49% annualized return.

FSBDX

• 1D: -1.85%
• 1M: 3.32%
• YTD: 17.97%
• 6M: 16.75%
• 1Y: 42.72%
• 3Y*: 31.68%
• 5Y*: 16.24%
• 10Y*: 23.30%

VGT

• 1D: -3.68%
• 1M: 0.28%
• YTD: 23.32%
• 6M: 21.50%
• 1Y: 46.82%
• 3Y*: 30.13%
• 5Y*: 19.51%
• 10Y*: 25.49%

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

FSBDX vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSBDX Fidelity Series Blue Chip Growth Fund	17.97%	20.31%	39.76%	57.42%	-37.20%	22.53%	62.77%	33.24%	4.53%	35.27%
VGT Vanguard Information Technology ETF	23.32%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%

Correlation

The correlation between FSBDX and VGT is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Nov 19, 2013	0.93

The correlation between FSBDX and VGT has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

Return for Risk

FSBDX vs. VGT — Risk / Return Rank

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

FSBDX

FSBDX Risk / Return Rank: 73
FSBDX Sharpe Ratio Rank: 75
FSBDX Sortino Ratio Rank: 62
FSBDX Omega Ratio Rank: 62
FSBDX Calmar Ratio Rank: 81
FSBDX Martin Ratio Rank: 84

VGT

VGT Risk / Return Rank: 58
VGT Sharpe Ratio Rank: 65
VGT Sortino Ratio Rank: 56
VGT Omega Ratio Rank: 58
VGT Calmar Ratio Rank: 60
VGT Martin Ratio Rank: 52

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.

FSBDX vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Blue Chip Growth Fund (FSBDX) and Vanguard Information Technology ETF (VGT). 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.

	FSBDX	VGT	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.07	+0.25
Sortino ratio: Return per unit of downside risk	3.00	2.61	+0.40
Omega ratio: Gain probability vs. loss probability	1.40	1.35	+0.05
Calmar ratio: Return relative to maximum drawdown	3.53	2.87	+0.66
Martin ratio: Return relative to average drawdown	14.47	8.76	+5.71

FSBDX vs. VGT - Sharpe Ratio Comparison

The current FSBDX Sharpe Ratio is 2.32, which is comparable to the VGT Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FSBDX and VGT, 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

FSBDX vs. VGT - Drawdown Comparison

The maximum FSBDX drawdown since its inception was -42.25%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FSBDX and VGT.

Drawdown Indicators

	FSBDX	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-42.25%	-54.63%	+12.38%
Max Drawdown (1Y) Largest decline over 1 year	-12.41%	-16.40%	+3.99%
Max Drawdown (3Y) Largest decline over 3 years	-27.09%	-27.23%	+0.14%
Max Drawdown (5Y) Largest decline over 5 years	-42.25%	-35.07%	-7.18%
Max Drawdown (10Y) Largest decline over 10 years	-42.25%	-35.07%	-7.18%
Current Drawdown Current decline from peak	-2.13%	-7.71%	+5.58%
Average Drawdown Average peak-to-trough decline	-7.22%	-7.95%	+0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	5.36%	-2.34%

Volatility

FSBDX vs. VGT - Volatility Comparison

The current volatility for Fidelity Series Blue Chip Growth Fund (FSBDX) is 8.21%, while Vanguard Information Technology ETF (VGT) has a volatility of 11.39%. This indicates that FSBDX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSBDX	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.21%	11.39%	-3.18%
Volatility (6M) Calculated over the trailing 6-month period	14.79%	18.58%	-3.79%
Volatility (1Y) Calculated over the trailing 1-year period	18.91%	22.72%	-3.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.00%	25.55%	-0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.62%	24.77%	-1.15%

FSBDX vs. VGT - Expense Ratio Comparison

FSBDX has a 0.00% expense ratio, which is lower than VGT's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FSBDX vs. VGT - Dividend Comparison

FSBDX's dividend yield for the trailing twelve months is around 3.16%, more than VGT's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSBDX Fidelity Series Blue Chip Growth Fund	3.16%	3.73%	8.92%	0.54%	3.93%	24.67%	40.16%	11.36%	15.87%	10.80%	1.41%	13.10%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both FSBDX and VGT in my portfolio?

With a correlation of 0.91, FSBDX and VGT 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, FSBDX or VGT?

VGT has higher volatility (11.39%) compared to FSBDX (8.21%). In terms of maximum drawdown, FSBDX dropped -42.25% vs VGT's -54.63%.

Which has better risk-adjusted returns?

FSBDX currently has the higher Sharpe Ratio (2.32 vs 2.07), 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.