BKDV vs FBCV
BNY Mellon Dynamic Value ETF vs Fidelity Blue Chip Value ETF
Which is better, BKDV or FBCV?
Each has led over a different period.
FBCV has a lower expense ratio. BKDV led over the full window, FBCV over 1Y. The two have moved almost in lockstep, correlation 0.92. FBCV is less concentrated, with 33.3% of the fund in its ten largest positions against 33.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BKDV | FBCV |
|---|---|---|
| Expense Ratio | 0.60% | 0.57%Best |
| AUM | $2.2B | $184M |
| Dividend Yield | 0.53% | 1.25% |
| Holdings | 84 | 127 |
| YTD Return | +17.11% | +18.42%Best |
| 1Y Return | +23.83% | +24.20%Best |
| 3Y Return (annualized) | - | +16.61% |
| 5Y Return (annualized) | - | +10.11% |
| Volatility (annualized) | 11.8% | 11.4%Best |
| Max Drawdown | -15.5% | -14.3%Best |
| $10,000 over 1.9 years | $13,788Best | $13,306 |
| Top 10 Weight | 33.5% | 33.3%Best |
| Fund Family | BNY Mellon Investment Management | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 1, 2024 | Jun 2, 2020 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 4, 2024 to Oct 14, 2026 (1.9 years).
BKDV vs FBCV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
BKDV vs FBCV Performance
BNY Mellon Dynamic Value ETF (BKDV) is an ETF from BNY Mellon Investment Management and Fidelity Blue Chip Value ETF (FBCV) is an ETF from Fidelity Investments (US). Over the past year BKDV returned +23.83% while FBCV returned +24.20%. Year to date, BKDV is up 17.11% versus a gain of 18.42% for FBCV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BKDV has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 11.4% for FBCV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.5% for BKDV and -14.3% for FBCV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BKDV charges 0.60% per year while FBCV charges 0.57%. On a $10,000 position that is $60 vs $57 annually, a gap of $3 per year that compounds over a long holding period. On income, BKDV currently yields 0.53% against 1.25% for FBCV.
Holdings Overlap
45.3% of BKDV's money is in holdings FBCV also owns. 34.5% of FBCV's money is in holdings BKDV also owns.
The two portfolios partly overlap.
27 positions in common, counted across the 79 positions we hold weights for in BKDV and 133 in FBCV, against full books of 84 and 127.
What only one of them owns
Our book lists 87 positions for FBCV that do not appear in our book for BKDV (56.0% of the fund), and 51 for BKDV that do not appear in FBCV (53.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BKDV | Weight in FBCV | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.02% | 7.46% | 1.44% |
| MSFTMicrosoft Corp | 4.98% | 5.24% | 0.26% |
| AAPLApple, Inc | 3.28% | 4.64% | 1.36% |
| UNHUnitedhealth Group Incorporated | 2.65% | 1.45% | 1.20% |
| BACBank of America Corp.: Financials | 0.78% | 2.64% | 1.86% |
| TMOThermo Fisherscientific Inc. | 2.10% | 1.14% | 0.96% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.21% | 0.60% | 1.61% |
| NEMNewmont Corp Common | 1.63% | 0.97% | 0.66% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 2.58% | 0.00% | 2.58% |
| ELVElevance Health Inc | 1.81% | 0.68% | 1.13% |
45.3% of BKDV is already inside FBCV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BKDV or FBCV?
BKDV has an expense ratio of 0.60% while FBCV charges 0.57%. FBCV is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, BKDV or FBCV?
Over the past year BKDV returned +23.83% vs +24.20% for FBCV, so FBCV leads on 1-year performance. Over the longest common window we track (2 years), BKDV annualized +18.42% vs +16.22% for FBCV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKDV or FBCV?
BKDV has been the more volatile fund at 11.8% annualized versus 11.4% for FBCV. Worst drawdown: BKDV -15.5% vs FBCV -14.3%.
Should I hold both BKDV and FBCV?
BKDV and FBCV have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BKDV and FBCV?
45.3% of BKDV's money is in holdings FBCV also owns. 34.5% of FBCV's is in holdings BKDV also owns. They hold 27 positions in common, counted across the 79 positions we hold weights for in BKDV and 133 in FBCV.
Which pays a higher dividend, BKDV or FBCV?
BKDV yields 0.53% while FBCV yields 1.25%, so FBCV currently pays the higher dividend yield.
Is FBCV better than BKDV?
FBCV has a lower expense ratio. BKDV led over the full window, FBCV over 1Y. The two have moved almost in lockstep, correlation 0.92. FBCV is less concentrated, with 33.3% of the fund in its ten largest positions against 33.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.