Fidelity Blue Chip Etf Profile
| FBCV Etf | USD 34.07 0.04 0.12% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Fidelity Blue is selling for under 34.07 as of the 30th of November 2024; that is 0.12 percent increase since the beginning of the trading day. The etf's lowest day price was 34.07. Fidelity Blue has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Fidelity Blue Chip are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Normally the fund invests at least 80 percent of assets in blue chip companies view, are well-known, well-established and well-capitalized, which generally have large or medium market capitalizations. Fidelity Blue is traded on BATS Exchange in the United States. More on Fidelity Blue Chip
Moving together with Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Broad Equity ETFs, Large Value, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2020-06-04 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 130.07 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | Fidelity Management & Research Company LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Corporation |
| Portfolio Manager | Sean Gavin, Anastasia Zabolotnikova |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Jul |
| Exchange | Cboe BZX Exchange, Inc. |
| Market Maker | GTS |
| Total Expense | 0.59 |
| Management Fee | 0.59 |
| Country Name | USA |
| Returns Y T D | 18.21 |
| Name | Fidelity Blue Chip Value ETF |
| Currency Code | USD |
| Open Figi | BBG00V6QFXV4 |
| In Threey Volatility | 14.09 |
| 1y Volatility | 10.01 |
| 200 Day M A | 31.1942 |
| 50 Day M A | 32.8618 |
| Code | FBCV |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.21 |
| Type | ETF |
Fidelity Blue Chip [FBCV] is traded in USA and was established 2020-06-02. The fund is listed under Large Value category and is part of Fidelity Investments family. The entity is thematically classified as Size And Style ETFs. Fidelity Blue Chip currently have 104.26 M in assets under management (AUM). , while the total return for the last 3 years was 8.6%.
Check Fidelity Blue Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Blue Chip Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Blue Chip Etf Constituents
| BAC | Bank of America | Stock | Financials | |
| BMY | Bristol Myers Squibb | Stock | Health Care | |
| CBRE | CBRE Group Class | Stock | Real Estate | |
| CI | Cigna Corp | Stock | Health Care | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| CNC | Centene Corp | Stock | Health Care | |
| CSCO | Cisco Systems | Stock | Information Technology | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
Fidelity Blue Chip Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Blue. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1083 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.08) |
Fidelity Blue Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Blue Chip. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Fidelity Blue Chip is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Blue's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Blue's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Blue's market value can be influenced by many factors that don't directly affect Fidelity Blue's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Blue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Blue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Blue's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.