FBCG vs IWY: Differences, Returns & Fees

FBCG and IWY hold 57% of their weight in the same names, and FBCG returned +14.0% over the year. Net assets: $7.6bn on Sep 30, 2026 for Fidelity Blue Chip Growth ETF, and $15.8bn on Oct 20, 2026 for iShares Russell Top 200 Growth ETF.

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Answers cite the figures on this page.

IWY costs 0.37 points a year less; their one-year returns differ by 9.3 points; IWY is 2.2 times larger.

FBCG vs IWY: Differences, Returns & Fees
FBCGIWY
Expense ratio0.57%0.20%
Net assets, as of Sep 30, 2026$7.6bn$16.4bn
Total return, 1 year+14.0%+4.7%
What it tracksNo index, actively managedRussell Top 200 Growth Index
Holdings in common57%
Top ten holdings, share of the fund57.2%60.9%
Below its high5.8%, high on Oct 6, 20265.2%, high on Oct 6, 2026

Holdings in common uses holdings dated Jul 31, 2026 and Oct 19, 2026.

+14.0%
FBCG total return, 1 year
+4.7%
IWY total return, 1 year
0.57%
FBCG expense ratio
0.20%
IWY expense ratio

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Client brief · page 1 of 2Report BR-B65FDDA460

FBCG and IWY are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. FBCG follows No index, actively managed and IWY follows Russell Top 200 Growth Index.
  2. One-year total return. Over 1 year to Oct 20, 2026 FBCG returned +14.0% and IWY +4.7% with distributions reinvested, a gap of 9.3 points.
  3. Cost. FBCG charges 0.57% of assets a year and IWY 0.20%, a gap of 0.37 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, FBCG and IWY hold 57% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 19, 2026.

half

57% in common

Positions both hold, largest shared weight first
Holding FBCG IWY
NVIDIA CORP 14.90% 15.02%
APPLE INC 9.31% 8.32%
ALPHABET INC 9.27% 6.07%
MICROSOFT CORP 4.94% 6.34%
BROADCOM INC 4.38% 5.08%
META PLATFORMS INC 2.31% 4.35%
MICRON TECHNOLOGY INC 1.97% 3.54%
TESLA INC 1.28% 3.78%
ADVANCED MICRO DEVICES INC 1.06% 3.10%
MASTERCARD INC 0.85% 1.83%
AMAZON.COM INC 5.86% 0.78%
GE VERNOVA INC 0.77% 0.90%
Only in FBCG
ELI LILLY and CO 2.71%
SANDISK CORP 1.28%
TAIWAN SEMICONDUCTOR MFG CO LTD 1.17%
SHARKNINJA INC 0.80%
UNITEDHEALTH GROUP INC 0.68%
CELESTICA INC 0.66%
ASTERA LABS INC 0.64%
SEAGATE TECHNOLOGY HOLDINGS PLC 0.64%
Only in IWY
ELI LILLY 3.55%
APPLIED MATERIAL INC 1.20%
TEXAS INSTRUMENT 0.92%
SANDISK 0.73%
AMPHENOL CORP CLASS A 0.72%
AMGEN INC 0.60%
INTUITIVE SURGICAL 0.56%
BOOKING HOLDINGS 0.46%

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On the same fields

FBCG
Fidelity Blue Chip Growth ETF
IWY
iShares Russell Top 200 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks an index
Total return, 1 year +14.0% +4.7%
Its benchmark over the same days +15.9% (VOO) +15.0% (IWV)
Gap to its benchmark −1.9 pts vs VOO −10.4 pts vs IWV
Expense ratio 0.57% 0.20%
Already in the S&P 500 85.3% 98.8%
Holdings 230 102
Net assets, FBCG as of Sep 30, 2026 and IWY as of Oct 20, 2026 $7.6bn $15.8bn

FBCG and IWY on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FBCG

FBCG is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +14.0% with distributions reinvested, against +15.9% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.57% a year. By its holdings filed for Jul 31, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 230 positions, with the top ten at 57.2%. It sat 5.8% below its high of Oct 6, 2026 on Oct 20, 2026.

About IWY

IWY tracks an index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 19, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 60.9%. It sat 5.2% below its high of Oct 6, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +4.7% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

Questions people ask

Which returned more over the last year, FBCG or IWY?
In the year to Oct 20, 2026, with distributions reinvested, FBCG returned +14.0% and IWY +4.7%.
Which is cheaper, FBCG or IWY?
IWY is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FBCG and IWY overlap with the S&P 500?
By their latest filed holdings, 85% of FBCG and 99% of IWY by weight is stocks the S&P 500 already holds.
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ETFIQ, FBCG against IWY, data as of Oct 20, 2026. https://etfiq.com/compare/any/fbcg-vs-iwy

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