FBCV vs VMAX
Fidelity Blue Chip Value ETF vs Hartford US Value ETF
Which is better, FBCV or VMAX?
Each has led over a different period.
VMAX has a lower expense ratio. FBCV led over 1Y, VMAX over the full window. The two have moved almost in lockstep, correlation 0.91. VMAX is less concentrated, with 19.0% of the fund in its ten largest positions against 33.3%.
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 | FBCV | VMAX |
|---|---|---|
| Expense Ratio | 0.57% | 0.29%Best |
| AUM | $184M | $3M |
| Dividend Yield | 1.25% | 2.17% |
| Holdings | 127 | 127 |
| YTD Return | +18.42%Best | +16.66% |
| 1Y Return | +24.20%Best | +21.02% |
| 3Y Return (annualized) | +16.61% | - |
| 5Y Return (annualized) | +10.11% | - |
| Volatility (annualized) | 11.0%Best | 12.2% |
| Max Drawdown | -14.3%Best | -19.1% |
| $10,000 over 2.9 years | $15,731 | $16,927Best |
| Top 10 Weight | 33.3% | 19.0%Best |
| Fund Family | Fidelity Investments (US) | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 2, 2020 | Dec 5, 2023 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 6, 2023 to Oct 14, 2026 (2.9 years).
FBCV vs VMAX 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 2.9 years both funds cover.
FBCV vs VMAX Performance
Fidelity Blue Chip Value ETF (FBCV) is an ETF from Fidelity Investments (US) and Hartford US Value ETF (VMAX) is an ETF from Hartford Funds. Over the past year FBCV returned +24.20% while VMAX returned +21.02%. Year to date, FBCV is up 18.42% versus a gain of 16.66% for VMAX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VMAX has been the more volatile fund, with annualized monthly volatility of 12.2% 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 -14.3% for FBCV and -19.1% for VMAX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FBCV charges 0.57% per year while VMAX charges 0.29%. On a $10,000 position that is $57 vs $29 annually, a gap of $28 per year that compounds over a long holding period. On income, FBCV currently yields 1.25% against 2.17% for VMAX.
Holdings Overlap
51.7% of FBCV's money is in holdings VMAX also owns. 38.2% of VMAX's money is in holdings FBCV also owns.
The two portfolios partly overlap.
The two holdings books were reported 62 days apart, FBCV as of Jul 31, 2026 and VMAX as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
41 positions in common, counted across the 133 positions we hold weights for in FBCV and 125 in VMAX, against full books of 127 and 127.
What only one of them owns
Our book lists 82 positions for VMAX that do not appear in our book for FBCV (60.6% of the fund), and 73 for FBCV that do not appear in VMAX (38.9%).
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 FBCV | Weight in VMAX | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 7.46% | 0.59% | 6.87% |
| AAPLApple, Inc | 4.64% | 1.32% | 3.32% |
| MSFTMicrosoft Corp | 5.24% | 0.31% | 4.93% |
| XOMExxonmobil Corp. | 3.37% | 1.06% | 2.31% |
| BACBank of America Corp.: Financials | 2.64% | 1.30% | 1.34% |
| MRKMerck & Company Inc | 2.30% | 1.29% | 1.01% |
| TRVThe Travelers Cos, Inc. | 2.10% | 1.46% | 0.64% |
| COPConocophillips Common Stock USD 0.01 | 1.79% | 1.30% | 0.49% |
| METAMeta Platforms Inc | 1.04% | 1.98% | 0.94% |
| VVisa Inc Class A | 1.06% | 1.86% | 0.80% |
51.7% of FBCV is already inside VMAX.
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, FBCV or VMAX?
FBCV has an expense ratio of 0.57% while VMAX charges 0.29%. VMAX is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, FBCV or VMAX?
Over the past year FBCV returned +24.20% vs +21.02% for VMAX, so FBCV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBCV or VMAX?
VMAX has been the more volatile fund at 12.2% annualized versus 11.0% for FBCV. Worst drawdown: FBCV -14.3% vs VMAX -19.1%.
Should I hold both FBCV and VMAX?
FBCV and VMAX have a monthly-return correlation of 0.91, 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 FBCV and VMAX?
51.7% of FBCV's money is in holdings VMAX also owns. 38.2% of VMAX's is in holdings FBCV also owns. They hold 41 positions in common, counted across the 133 positions we hold weights for in FBCV and 125 in VMAX.
Which pays a higher dividend, FBCV or VMAX?
FBCV yields 1.25% while VMAX yields 2.17%, so VMAX currently pays the higher dividend yield.
Is VMAX better than FBCV?
VMAX has a lower expense ratio. FBCV led over 1Y, VMAX over the full window. The two have moved almost in lockstep, correlation 0.91. VMAX is less concentrated, with 19.0% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.