FBCG vs FLCG
Fidelity Blue Chip Growth ETF vs Federated Hermes MDT Large Cap Growth ETF
Which is better, FBCG or FLCG?
FBCG has been ahead.
FLCG has a lower expense ratio. FBCG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. FLCG is less concentrated, with 56.5% of the fund in its ten largest positions against 57.5%.
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 | FBCG | FLCG |
|---|---|---|
| Expense Ratio | 0.57% | 0.39%Best |
| AUM | $7.6B | $687M |
| Dividend Yield | 0.03% | 0.04% |
| Holdings | 245 | 208 |
| YTD Return | +12.59%Best | +7.29% |
| 1Y Return | +17.09%Best | +9.89% |
| 3Y Return (annualized) | +27.54% | - |
| 5Y Return (annualized) | +13.04% | - |
| Volatility (annualized) | 19.2% | 15.3%Best |
| Max Drawdown | -27.9% | -22.9%Best |
| $10,000 over 2.2 years | $15,083Best | $14,083 |
| Top 10 Weight | 57.5% | 56.5%Best |
| Fund Family | Fidelity Investments (US) | Federated Hermes |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 2, 2020 | Jul 30, 2024 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 31, 2024 to Oct 14, 2026 (2.2 years).
FBCG vs FLCG 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 2.2 years both funds cover.
FBCG vs FLCG Performance
Fidelity Blue Chip Growth ETF (FBCG) is an ETF from Fidelity Investments (US) and Federated Hermes MDT Large Cap Growth ETF (FLCG) is an ETF from Federated Hermes. Over the past year FBCG returned +17.09% while FLCG returned +9.89%. Year to date, FBCG is up 12.59% versus a gain of 7.29% for FLCG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FBCG has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 15.3% for FLCG. 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 -27.9% for FBCG and -22.9% for FLCG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FBCG charges 0.57% per year while FLCG charges 0.39%. On a $10,000 position that is $57 vs $39 annually, a gap of $18 per year that compounds over a long holding period. On income, FBCG currently yields 0.03% against 0.04% for FLCG.
Holdings Overlap
71.4% of FBCG's money is in holdings FLCG also owns. 80.1% of FLCG's money is in holdings FBCG also owns.
Most of FLCG is already inside FBCG. Owning both mostly buys the same companies twice.
44 positions in common, counted across the 200 positions we hold weights for in FBCG and 100 in FLCG, against full books of 245 and 208.
What only one of them owns
Our book lists 52 positions for FLCG that do not appear in our book for FBCG (19.1% of the fund), and 137 for FBCG that do not appear in FLCG (24.6%).
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 FBCG | Weight in FLCG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 15.68% | 15.20% | 0.48% |
| GOOGLAlphabet Inc | 8.64% | 11.70% | 3.06% |
| AAPLApple, Inc | 9.22% | 7.97% | 1.25% |
| MSFTMicrosoft Corp | 5.56% | 4.54% | 1.02% |
| AVGOBroadcom Inc | 4.11% | 3.10% | 1.01% |
| AMZNAmazon.Com Inc | 4.97% | 0.61% | 4.36% |
| METAMeta Platforms Inc | 2.42% | 2.88% | 0.46% |
| MUMicron Technology, Inc. | 2.37% | 2.76% | 0.39% |
| LLYEli Lilly & Co. | 2.65% | 2.37% | 0.28% |
| TSLATesla Inc | 1.47% | 3.00% | 1.53% |
80.1% of FLCG is already inside FBCG.
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, FBCG or FLCG?
FBCG has an expense ratio of 0.57% while FLCG charges 0.39%. FLCG is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, FBCG or FLCG?
Over the past year FBCG returned +17.09% vs +9.89% for FLCG, so FBCG leads on 1-year performance. Over the longest common window we track (2 years), FBCG annualized +20.54% vs +16.84% for FLCG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBCG or FLCG?
FBCG has been the more volatile fund at 19.2% annualized versus 15.3% for FLCG. Worst drawdown: FBCG -27.9% vs FLCG -22.9%.
Should I hold both FBCG and FLCG?
FBCG and FLCG have a monthly-return correlation of 0.94, 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 FBCG and FLCG?
80.1% of FLCG's money is in holdings FBCG also owns. 80.1% of FLCG's is in holdings FBCG also owns. They hold 44 positions in common, counted across the 200 positions we hold weights for in FBCG and 100 in FLCG.
Which pays a higher dividend, FBCG or FLCG?
FBCG yields 0.03% while FLCG yields 0.04%, so FLCG currently pays the higher dividend yield.
Is FLCG better than FBCG?
FLCG has a lower expense ratio. FBCG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. FLCG is less concentrated, with 56.5% of the fund in its ten largest positions against 57.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.