
"The Fidelity Blue Chip Growth ETF invests in companies that have above-average growth potential and offers exposure to about 200 large-cap growth stocks. The fund targets mega-cap stocks and has a strong growth profile. FBCG is an actively managed fund that invests 80% of the assets in blue-chip companies and holds industry giants. The ETF invests in only the largest companies that have stable balance sheets and earnings growth."
"It has $5.2 billion in total assets and an expense ratio of 0.60%. The fund has generated a 3-year return of 32.85% and a 5-year return of 15.07%. The fund is tech-heavy, with 63% of the total assets in the top 10, which include the Magnificent Seven, such as Nvidia, Microsoft, Amazon, Apple, Alphabet, and Meta Platforms. This approach has worked well for FBCG."
"It has gained 18.52% so far this year and is exchanging hands for $55.16. It invests 46% in technology, 18% in consumer cyclical, and 17% in communication services. Since tech stocks are leading the market, they have produced significant returns this year. While the ETF isn't as old as other funds, it has been around long enough to show its ability to outperform the market."
Fidelity Blue Chip Growth ETF (FBCG) targets about 200 large-cap growth stocks with a focus on mega-cap and blue-chip companies, allocating 80% of assets to established firms. The fund holds $5.2 billion in assets, carries a 0.60% expense ratio, and has delivered a 3-year return of 32.85% and a 5-year return of 15.07%. The portfolio is tech-heavy, with 63% of assets concentrated in its top ten holdings, including major names such as Nvidia and Microsoft. FBCG has gained 18.52% year-to-date, emphasizes technology exposure, and is positioned to benefit in bull markets. Fidelity High Dividend ETF (FDVV) is identified as another Fidelity buy before 2026.
Read at 24/7 Wall St.
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