FBCVFidelity Blue Chip Value ETF
FBCV Fund Description
FBCV is an actively-managed, non-transparent fund of fundamentally-selected large-cap global value stocks.
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.
FBCV MSCI ESG Analytics Insight
Fidelity Blue Chip Value ETF has an MSCI ESG Fund Rating of A based on a score of 6.51 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity Blue Chip Value ETF ranks in the 65th percentile within its peer group and in the 81st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FBCV Summary Data
FBCV Portfolio Data
FBCV Index Data
FBCV Portfolio Management
FBCV Tax Exposures
FBCV Fund Structure
FBCV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FBCV. FBCV is rated a N/A out of 5.
FBCV Top 10 Holdings[View All]
FBCV Economic Development
FBCV Performance Statistics
FBCV MSCI ESG Ratings
FBCV Benchmark Comparison Summary
FBCV Benchmark Comparison Market Cap Size