FBCV

Fidelity Blue Chip Value ETF
*Unless otherwise stated, data provided by FactSet.

FBCV Fund Description

FBCV is an actively-managed, non-transparent fund of fundamentally-selected large-cap global value stocks. The fund utilizes the Fidelity non-transparent model.

FBCV Factset Analytics Insight

FBCV is one of Fidelity’s first ETFs to launch with its own structure for an actively-managed, non-transparent product. The fund selects global large-cap undervalued stocks, as compared to other companies in their same industry. The fund may also reach down into the midcap space as well. The selection is based on favorable fundamental factors such as cash flow, earnings and sales. Portfolio managers are afforded slightly more flexibility with the ETF in terms of dipping down into the midcap space as compared to the firm’s mutual fund. Unlike other ETFs, FBCV only discloses holdings on a monthly basis with a 30-day lag. Instead, a “proxy portfolio,” which should closely correlate to the actual holdings, is provided to help traders effectively arbitrage premiums/discounts as they occur. Investors should, however, take into consideration the non-transparent structure which could result in greater price disparity during volatile markets.

PERFORMANCE [as of 05/13/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FBCV -- -- -- -- -- -- --
FBCV (NAV) -6.49% -3.75% -4.75% 0.91% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI ACWI Large Cap Value Index -- -7.55% -7.14% -1.87% 7.08% 5.77% 7.39%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FBCV Summary Data

Fidelity
06/03/20
Open-Ended Fund
0.59%
$107.63M
$714.51K
0.26%
N/A

FBCV Portfolio Data

--
--
--
3.38%
N/A
78

FBCV Index Data

No Underlying Index
Proprietary
Proprietary
MSCI ACWI Large Cap Value Index

FBCV Portfolio Management

0.59%
--
--
--

FBCV Tax Exposures

20.00% / 39.60%
1.21%
Qualified dividends
No

FBCV Fund Structure

Open-Ended Fund
No
--
-- / --
N/A
N/A
Low
Monthly

FBCV Factset Analytics Block Liquidity

As of 05/16/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FBCV. FBCV is rated a 5 out of 5.

FBCV Tradability

25,112
$714.51K
21,723
$637.94K
0.26%
$0.07
0.00%
0.29% / -1.05%
None
99.00%
25,000
0.87
0.03%
0.00%
0
$27.95
5

FBCV Sector/Industry Breakdown


FBCV
Segment Benchmark
22.63%
--
11.89%
--
11.65%
--
8.86%
--
7.92%
--
7.69%
--
5.82%
--
4.07%
--
3.57%
--
3.55%
--

FBCV Countries


FBCV
Segment Benchmark
--
0.03%
--
0.37%
--
3.65%
--
0.77%
--
2.19%
--
0.01%
--
0.32%
--
0.23%
--
0.01%
--
0.15%

FBCV Regions


FBCV
Segment Benchmark
--
1.15%
--
15.66%
--
65.80%
--
1.02%
--
16.37%

FBCV Economic Development


FBCV
Segment Benchmark
--
95.46%
--
4.54%

FBCV Performance Statistics

0.82
1.05
1.05
0.99
0.36%
MSCI ACWI Large Cap Value Index

FBCV Benchmark Comparison Holdings

78
--
--
--

FBCV Benchmark Comparison Summary


FBCV
Segment Benchmark
78
--
--
--
--
--
--
--
--
--
--
--

FBCV Benchmark Comparison Market Cap Size


FBCV
Segment Benchmark
--
--
--
--
--
--
--
--