FBCV vs VYM
Fidelity Blue Chip Value ETF vs Vanguard High Dividend Yield ETF
Which is better, FBCV or VYM?
Nearly the same fund. VYM costs less.
VYM has a lower expense ratio. FBCV led over 1Y and the full window, VYM over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.96. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 33.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FBCV | VYM |
|---|---|---|
| Expense Ratio | 0.57% | 0.04%Best |
| AUM | $177M | $81.6B |
| Dividend Yield | 1.22% | 2.22% |
| Holdings | 127 | 613 |
| YTD Return | +17.69%Best | +11.35% |
| 1Y Return | +23.02%Best | +15.34% |
| 3Y Return (annualized) | +15.53% | +17.22%Best |
| 5Y Return (annualized) | +10.48% | +12.30%Best |
| Volatility (annualized) | 13.5%Best | 13.8% |
| Max Drawdown | -15.6%Best | -15.8% |
| $10,000 over 5 years | $16,460 | $17,861Best |
| Top 10 Weight | 33.3% | 26.1%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 2, 2020 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 4, 2020 to Sep 18, 2026 (6.3 years).
FBCV vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.3 years both funds cover.
FBCV vs VYM Performance
Fidelity Blue Chip Value ETF (FBCV) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FBCV returned +23.02% while VYM returned +15.34%. Year to date, FBCV is up 17.69% versus a gain of 11.35% for VYM.
Over three years, FBCV compounded at +15.53% per year against +17.22% for VYM; over five years the annualized figures are +10.48% and +12.30% respectively. Across the full 6-year window we track, FBCV has the edge at +13.81% annualized vs +13.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 13.8% 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 -15.8% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.22% against 2.22% for VYM.
Holdings Overlap
45.7% of FBCV's money is in holdings VYM also owns. 26.4% of VYM's money is in holdings FBCV also owns.
The two portfolios partly overlap.
62 positions in common, counted across the 133 positions we hold weights for in FBCV and 557 in VYM, against full books of 127 and 613.
What only one of them owns
Our book lists 467 positions for VYM that do not appear in our book for FBCV (70.9% of the fund), and 55 for FBCV that do not appear in VYM (44.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FBCV | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 3.37% | 2.63% | 0.74% |
| BACBank of America Corp.: Financials | 2.64% | 1.66% | 0.98% |
| MRKMerck & Company Inc | 2.30% | 1.31% | 0.99% |
| UNHUnitedhealth Group Incorporated | 1.45% | 1.52% | 0.07% |
| PGProcter & Gamble Company | 1.11% | 1.37% | 0.26% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.60% | 1.86% | 1.26% |
| TRVThe Travelers Cos, Inc. | 2.10% | 0.32% | 1.78% |
| COPConocophillips Common Stock USD 0.01 | 1.79% | 0.60% | 1.19% |
| WFCWells Fargo & Co. | 1.31% | 1.07% | 0.24% |
| GILDGilead Sciences | 1.53% | 0.66% | 0.87% |
45.7% of FBCV is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $53 a year on a $10,000 investment.
Which performed better, FBCV or VYM?
Over the past year FBCV returned +23.02% vs +15.34% for VYM, so FBCV leads on 1-year performance. Over the longest common window we track (6 years), FBCV annualized +13.81% vs +13.74% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBCV or VYM?
VYM has been the more volatile fund at 13.8% annualized versus 13.5% for FBCV. Worst drawdown: FBCV -15.6% vs VYM -15.8%.
Should I hold both FBCV and VYM?
FBCV and VYM have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FBCV and VYM?
45.7% of FBCV's money is in holdings VYM also owns. 26.4% of VYM's is in holdings FBCV also owns. They hold 62 positions in common, counted across the 133 positions we hold weights for in FBCV and 557 in VYM.
Which pays a higher dividend, FBCV or VYM?
FBCV yields 1.22% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than FBCV?
VYM has a lower expense ratio. FBCV led over 1Y and the full window, VYM over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.96. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.