FBCV
Fidelity Blue Chip Value ETF
📎 Investment Objective
The Fidelity Blue Chip Value ETF (FBCV) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Blue Chip Value Index, which is designed to reflect the performance of large and mid-capitalization U.S. stocks that are undervalued relative to their peers.
Overview
ETF tracking Fidelity Blue Chip Value ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Blue Chip Value ETF (FBCV) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Blue Chip Value Index, which is designed to reflect the performance of large and mid-capitalization U.S. stocks that are undervalued relative to their peers.
🎯 Investment Strategy
The ETF employs a passively managed, full-replication approach, seeking to track the performance of its underlying index by investing in the same securities that make up the index in similar proportions. The index selects value-oriented stocks of large and mid-sized U.S. companies that are believed to be undervalued.
✨ Key Features
- Exposure to a portfolio of large and mid-cap U.S. stocks that are considered undervalued
- Passively managed, index-tracking strategy
- Low expense ratio of 0.00%
- Suitable for investors seeking broad exposure to the U.S. large and mid-cap value equity market
⚠️ Primary Risks
- Market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying securities in the index
- Sector concentration risk: The ETF may be more susceptible to factors adversely affecting its sector than a more diversified fund
- Style risk: The ETF's value-oriented investment approach may underperform growth or other investment styles during certain market conditions
- Liquidity risk: In certain market conditions, it may be difficult to sell the ETF's shares
👤 Best For
The Fidelity Blue Chip Value ETF may be suitable for long-term investors seeking exposure to large and mid-cap U.S. value stocks as part of a diversified portfolio. It may be particularly appealing to investors with a value-oriented investment approach who are comfortable with the risks associated with equity investing.