FBCG vs LRGG
Fidelity Blue Chip Growth ETF vs Nomura Focused Large Growth ETF
Which is better, FBCG or LRGG?
FBCG has been ahead.
LRGG has a lower expense ratio. FBCG led over 1Y and the full window. FBCG is less concentrated, with 57.5% of the fund in its ten largest positions against 71.4%.
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 | LRGG |
|---|---|---|
| Expense Ratio | 0.57% | 0.44%Best |
| AUM | $7.6B | $295M |
| Dividend Yield | 0.03% | 0.15% |
| Holdings | 245 | 44 |
| YTD Return | +12.59%Best | +3.29% |
| 1Y Return | +17.09%Best | +3.58% |
| 3Y Return (annualized) | +27.54% | - |
| 5Y Return (annualized) | +13.04% | - |
| Volatility (annualized) | 19.0% | 12.4%Best |
| Max Drawdown | -27.9% | -18.9%Best |
| $10,000 over 2.4 years | $15,542Best | $11,970 |
| Top 10 Weight | 57.5%Best | 71.4% |
| Fund Family | Fidelity Investments (US) | Nomura Asset Management Co Ltd |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 2, 2020 | May 14, 2024 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 15, 2024 to Oct 14, 2026 (2.4 years).
FBCG vs LRGG 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 2.4 years both funds cover.
FBCG vs LRGG Performance
Fidelity Blue Chip Growth ETF (FBCG) is an ETF from Fidelity Investments (US) and Nomura Focused Large Growth ETF (LRGG) is an ETF from Nomura Asset Management Co Ltd. Over the past year FBCG returned +17.09% while LRGG returned +3.58%. Year to date, FBCG is up 12.59% versus a gain of 3.29% for LRGG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FBCG has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 12.4% for LRGG. 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 -18.9% for LRGG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FBCG charges 0.57% per year while LRGG charges 0.44%. On a $10,000 position that is $57 vs $44 annually, a gap of $13 per year that compounds over a long holding period. On income, FBCG currently yields 0.03% against 0.15% for LRGG.
Holdings Overlap
38.7% of FBCG's money is in holdings LRGG also owns. 69.3% of LRGG's money is in holdings FBCG also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 200 positions we hold weights for in FBCG and 21 in LRGG, against full books of 245 and 44.
What only one of them owns
Our book lists 9 positions for LRGG that do not appear in our book for FBCG (27.6% of the fund), and 172 for FBCG that do not appear in LRGG (58.7%).
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 LRGG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 15.68% | 17.15% | 1.47% |
| AAPLApple, Inc | 9.22% | 6.88% | 2.34% |
| MSFTMicrosoft Corp | 5.56% | 9.02% | 3.46% |
| GOOGAlphabet Inc. C | 0.26% | 10.98% | 10.72% |
| AMZNAmazon.Com Inc | 4.97% | 3.49% | 1.48% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 1.13% | 6.23% | 5.10% |
| VVisa Inc Class A | 0.26% | 4.60% | 4.34% |
| GEGeneral Electric Co. | 0.40% | 4.04% | 3.64% |
| MAMastercard Inc | 0.85% | 2.42% | 1.57% |
| DHRDanaher Corporation | 0.08% | 2.93% | 2.85% |
69.3% of LRGG 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 LRGG?
FBCG has an expense ratio of 0.57% while LRGG charges 0.44%. LRGG is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, FBCG or LRGG?
Over the past year FBCG returned +17.09% vs +3.58% for LRGG, so FBCG leads on 1-year performance. Over the longest common window we track (2 years), FBCG annualized +20.17% vs +7.78% for LRGG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBCG or LRGG?
FBCG has been the more volatile fund at 19.0% annualized versus 12.4% for LRGG. Worst drawdown: FBCG -27.9% vs LRGG -18.9%.
Should I hold both FBCG and LRGG?
FBCG and LRGG have a monthly-return correlation of 0.77, 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 FBCG and LRGG?
69.3% of LRGG's money is in holdings FBCG also owns. 69.3% of LRGG's is in holdings FBCG also owns. They hold 11 positions in common, counted across the 200 positions we hold weights for in FBCG and 21 in LRGG.
Which pays a higher dividend, FBCG or LRGG?
FBCG yields 0.03% while LRGG yields 0.15%, so LRGG currently pays the higher dividend yield.
Is LRGG better than FBCG?
LRGG has a lower expense ratio. FBCG led over 1Y and the full window. FBCG is less concentrated, with 57.5% of the fund in its ten largest positions against 71.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.