FBCV vs VYM

Quick Verdict

VYM has a lower expense ratio. FBCV delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: FBCVMore Diversified: VYM

Side-by-Side Comparison

MetricFBCVVYMWinner
Expense Ratio0.57%0.04%
AUM$166M$79.0B
Dividend Yield1.32%2.86%
Holdings114568
YTD Return+19.06%+15.80%
1Y Return+30.90%+26.12%
3Y Return (annualized)+15.60%+18.25%
5Y Return (annualized)+10.20%+12.51%
Volatility (annualized)13.5%14.6%
Max Drawdown-15.6%-58.8%
Fund FamilyFidelity Investments (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 2, 2020Nov 10, 2006

FBCV vs VYM Performance

Fidelity Blue Chip Value ETF (FBCV) is a ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FBCV returned +30.90% while VYM returned +26.12%. Year to date, FBCV is up 19.06% versus a gain of 15.80% for VYM.

Over three years, FBCV compounded at +15.60% per year against +18.25% for VYM; over five years the annualized figures are +10.20% and +12.51% respectively. Across the full 6-year window we track, FBCV has the edge at +14.30% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.5% 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 -15.6% for FBCV and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.96. 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 VYM charges 0.04%. On a $10,000 position that is $57 vs $4 annually, a gap of $53 per year that compounds over a long holding period. On income, FBCV currently yields 1.32% against 2.86% for VYM.

Holdings Overlap

22.9%overlap

FBCV and VYM share 53 holdings out of 617 unique holdings combined, representing a 22.9% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FBCVWeight in VYMDifference
XOM4.13%2.83%1.30%
MRK2.49%1.37%1.12%
BAC2.42%1.39%1.03%
JPM:USProProPro
CSCOProProPro
PGProProPro
WFCProProPro
TRVProProPro
CBProProPro
COPProProPro
See all 10 holdings FBCV shares with VYM
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, FBCV or VYM?

FBCV has an expense ratio of 0.57% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $53 per year of difference.

Which performed better, FBCV or VYM?

Over the past year FBCV returned +30.90% vs +26.12% for VYM, so FBCV leads on 1-year performance. Over the longest common window we track (6 years), FBCV annualized +14.30% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, FBCV or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 13.5% for FBCV. Worst drawdown: FBCV -15.6% vs VYM -58.8%.

Should I hold both FBCV and VYM?

FBCV and VYM have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between FBCV and VYM?

FBCV and VYM share 53 common holdings with a 22.9% weight overlap. Combined, they hold 617 unique securities.

Which pays a higher dividend, FBCV or VYM?

FBCV yields 1.32% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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