BLCV vs FBCV
iShares Large Cap Value Active ETF vs Fidelity Blue Chip Value ETF
Which is better, BLCV or FBCV?
Each has led over a different period.
BLCV has a lower expense ratio. BLCV led over 3Y and the full window, FBCV over 1Y. FBCV is less concentrated, with 33.3% of the fund in its ten largest positions against 42.0%.
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 | BLCV | FBCV |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.57% |
| AUM | $347M | $184M |
| Dividend Yield | 1.30% | 1.25% |
| Holdings | 56 | 127 |
| YTD Return | +12.91% | +18.42%Best |
| 1Y Return | +20.02% | +24.20%Best |
| 3Y Return (annualized) | +19.66%Best | +16.61% |
| 5Y Return (annualized) | - | +10.11% |
| Volatility (annualized) | 13.5% | 11.0%Best |
| Max Drawdown | -13.4%Best | -14.3% |
| $10,000 over 3.4 years | $17,794Best | $16,198 |
| Top 10 Weight | 42.0% | 33.3%Best |
| Fund Family | BlackRock, Inc. (US) | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 19, 2023 | Jun 2, 2020 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 23, 2023 to Oct 14, 2026 (3.4 years).
BLCV 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 3.4 years both funds cover.
BLCV vs FBCV Performance
iShares Large Cap Value Active ETF (BLCV) is an ETF from BlackRock, Inc. (US) and Fidelity Blue Chip Value ETF (FBCV) is an ETF from Fidelity Investments (US). Over the past year BLCV returned +20.02% while FBCV returned +24.20%. Year to date, BLCV is up 12.91% versus a gain of 18.42% for FBCV.
Over three years, BLCV compounded at +19.66% per year against +16.61% for FBCV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BLCV has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 11.0% 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 -13.4% for BLCV 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BLCV charges 0.45% per year while FBCV charges 0.57%. On a $10,000 position that is $45 vs $57 annually, a gap of $12 per year that compounds over a long holding period. On income, BLCV currently yields 1.30% against 1.25% for FBCV.
Holdings Overlap
56.4% of BLCV's money is in holdings FBCV also owns. 34.8% of FBCV's money is in holdings BLCV also owns.
The two portfolios partly overlap.
The two holdings books were reported 63 days apart, BLCV as of Oct 2, 2026 and FBCV as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
22 positions in common, counted across the 54 positions we hold weights for in BLCV and 133 in FBCV, against full books of 56 and 127.
What only one of them owns
Our book lists 90 positions for FBCV that do not appear in our book for BLCV (56.6% of the fund), and 32 for BLCV that do not appear in FBCV (43.5%).
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 BLCV | Weight in FBCV | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 7.87% | 7.46% | 0.41% |
| MSFTMicrosoft Corp | 8.93% | 5.24% | 3.69% |
| AAPLApple, Inc | 5.97% | 4.64% | 1.33% |
| MRKMerck & Company Inc | 2.66% | 2.30% | 0.36% |
| KDPKeurig Dr Pepper Inc (kdp Us) | 2.36% | 1.87% | 0.49% |
| SCHWSchwab Strategic T | 2.96% | 1.23% | 1.73% |
| WFCWells Fargo & Co. | 2.59% | 1.31% | 1.28% |
| UNHUnitedhealth Group Incorporated | 2.12% | 1.45% | 0.67% |
| METAMeta Platforms Inc | 2.49% | 1.04% | 1.45% |
| BTI:LNBritish American Tobacco Plc (adr) | 2.40% | 0.81% | 1.59% |
56.4% of BLCV 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, BLCV or FBCV?
BLCV has an expense ratio of 0.45% while FBCV charges 0.57%. BLCV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, BLCV or FBCV?
Over the past year BLCV returned +20.02% vs +24.20% for FBCV, so FBCV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BLCV or FBCV?
BLCV has been the more volatile fund at 13.5% annualized versus 11.0% for FBCV. Worst drawdown: BLCV -13.4% vs FBCV -14.3%.
Should I hold both BLCV and FBCV?
BLCV and FBCV have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BLCV and FBCV?
56.4% of BLCV's money is in holdings FBCV also owns. 34.8% of FBCV's is in holdings BLCV also owns. They hold 22 positions in common, counted across the 54 positions we hold weights for in BLCV and 133 in FBCV.
Which pays a higher dividend, BLCV or FBCV?
BLCV yields 1.30% while FBCV yields 1.25%, so BLCV currently pays the higher dividend yield.
Is FBCV better than BLCV?
BLCV has a lower expense ratio. BLCV led over 3Y and the full window, FBCV over 1Y. FBCV is less concentrated, with 33.3% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.