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Fidelity Blue Chip Value ETF (FBCV)

30.34 +0.01 (+0.03%)
At close: April 24 at 3:59 PM EDT

ETF Summary

Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks).

Risk Overview

Performance & Risk

YTD Return 4.42%
5y Average Return 0.00%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.69
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
FBCVCategory AverageFBCVCategory AverageFBCVCategory Average
Alpha -1.03 -0.96 0 -2.78 0 -2.78
BETA 0.69 0.83 0 0.94 0 0.95
Mean Annual Return 0.71 0.82 0 1.02 0 0.83
R-squared 72.19 78.1 0 83.03 0 84.03
Standard Deviation 14.3 16.49 0 19.03 0 15.69
Sharpe Ratio 0.39 0.42 0 0.53 0 0.55
Treynor Ratio 6.92 7.17 0 9.26 0 8.11

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