FBCG vs PWRD: Differences, Returns & Fees

FBCG and PWRD hold 8% 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 $1.5bn on Jul 31, 2026 for TCW Transform Systems ETF.

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Answers cite the figures on this page.

FBCG costs 0.18 points a year less; their one-year returns differ by 15.2 points; FBCG is 4.8 times larger.

FBCG vs PWRD: Differences, Returns & Fees
FBCGPWRD
Expense ratio0.57%0.75%
Net assets, as of Jul 31, 2026$6.9bn$1.5bn
Total return, 1 year+14.0%−1.2%
What it tracksNo index, actively managedNo index, actively managed
Holdings in common8%
Top ten holdings, share of the fund57.2%52.0%
Below its high5.8%, high on Oct 6, 202620.1%, high on Jun 30, 2026

Holdings in common uses holdings dated Jul 31, 2026.

+14.0%
FBCG total return, 1 year
−1.2%
PWRD total return, 1 year
0.57%
FBCG expense ratio
0.75%
PWRD expense ratio

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Client brief · page 1 of 2Report BR-90BCFCFBA8

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

  1. Holdings in common. 8% of the weight is in the same securities (holdings dated Jul 31, 2026).
  2. One-year total return. Over 1 year to Oct 20, 2026 FBCG returned +14.0% and PWRD −1.2% with distributions reinvested, a gap of 15.2 points.
  3. Number of holdings. FBCG holds 230 positions and PWRD holds 31.

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 PWRD hold 8% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

half

8% in common

Positions both hold, largest shared weight first
Holding FBCG PWRD
BROADCOM INC 4.38% 4.22%
TAIWAN SEMICONDUCTOR MFG CO LTD 1.17% 2.88%
GE VERNOVA INC 0.77% 3.51%
COMFORT SYSTEMS USA INC 0.50% 1.81%
GE AEROSPACE 0.45% 10.15%
APPLIED MATERIALS INC 0.33% 5.42%
CATERPILLAR INC 0.29% 1.91%
EXXONMOBIL HOLDINGS CORP 0.14% 3.12%
KLA CORP 0.14% 4.29%
BLOOM ENERGY CORP 0.14% 3.44%
ARISTA NETWORKS INC 0.12% 4.05%
VERTIV HOLDINGS CO 0.09% 4.94%
Only in FBCG
NVIDIA CORP 14.90%
APPLE INC 9.31%
ALPHABET INC 9.27%
AMAZON.COM INC 5.86%
MICROSOFT CORP 4.94%
ELI LILLY and CO 2.71%
META PLATFORMS INC 2.31%
MICRON TECHNOLOGY INC 1.97%
Only in PWRD
SAFRAN SA /EUR 5.56%
VENTURE GLOBAL INC-CL A 5.25%
AIRBUS SE /EUR 4.12%
POWELL INDUSTRIES INC 4.03%
UNION PACIFIC CORP 4.03%
QUANTA SERVICES INC 3.22%
TRANE TECHNOLOGIES PLC 2.98%
QNITY ELECTRONICS INC 2.76%

Check overlap with more funds →

On the same fields

FBCG
Fidelity Blue Chip Growth ETF
PWRD
TCW Transform Systems ETF
Where it sits Stock ETF Stock ETF
Issuer Fidelity TCW
What it is Actively managed Actively managed
Total return, 1 year +14.0% −1.2%
Its benchmark over the same days +15.9% (VOO) not measured
Gap to its benchmark −1.9 pts vs VOO not measured
Expense ratio 0.57% 0.75%
Already in the S&P 500 85.3% 57.0%
Holdings 230 31
Net assets, FBCG as of Sep 30, 2026 and PWRD as of Jul 31, 2026 $7.6bn $1.5bn

FBCG and PWRD 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 PWRD

PWRD is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.75% a year. By its holdings filed for Jul 31, 2026, 57% of the fund by weight is stocks the S&P 500 also holds, across 31 positions, with the top ten at 52.0%. It sat 20.1% below its high of Jun 30, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FBCG or PWRD?
In the year to Oct 20, 2026, with distributions reinvested, FBCG returned +14.0% and PWRD −1.2%.
Which is cheaper, FBCG or PWRD?
FBCG is cheaper, by 0.18 percentage points a year. That is about $18 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FBCG and PWRD overlap with the S&P 500?
By their latest filed holdings, 85% of FBCG and 57% of PWRD by weight is stocks the S&P 500 already holds.
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ETFIQ, FBCG against PWRD, data as of Oct 20, 2026. https://etfiq.com/compare/any/fbcg-vs-pwrd

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Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.