Data as of Oct 28, 2026.

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FBCG vs VO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FBCG returned +9.5% to VO's +12.8%; 9% of their weight is in the same names.

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Net assets on Sep 30, 2026: $7.6bn for Fidelity Blue Chip Growth ETF and $103.4bn for Vanguard Morningstar Mid-Cap ETF.

At a glance
+9.5%
FBCG total return, 1 year
+12.8%
VO total return, 1 year
0.57%
FBCG expense ratio
0.03%
VO expense ratio

Pair scorecard

VO costs 0.54 points a year less; their one-year returns differ by 3.3 points; VO is 13.6 times larger.

FBCG vs VO: Differences, Returns & Fees
MeasureFBCGVO
Return
Total return, 1 year+9.5%+12.8%
Drawdown
Below its high5.7%, high on Oct 6, 20263.1%, high on Aug 14, 2026
Benchmark
What it tracksNo index, actively managedMorningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)
Cost and size
Expense ratio0.57%0.03%
Net assets, as of Sep 30, 2026$7.6bn$103.4bn
Holdings
Holdings in common9%
Top ten holdings, share of the fund57.2%9.7%

Holdings in common uses holdings dated Jul 31, 2026 and Sep 30, 2026. Method

Risk and return

Jun 12, 2020 to Oct 23, 2026 · 332 weekly returns
FBCG VO
Return
Total return edge FBCG +197.7% +120.8%
Annualized edge FBCG +18.6% +13.2%
Price return edge FBCG +197.2% +100.1%
Risk
Volatility edge VO 23.9% 16.7%
Max drawdown edge VO −42.6% −26.9%
Risk-adjusted
Sharpe edge FBCG (slight) 0.71 0.64
Sortino edge FBCG 1.09 0.96
Calmar edge VO 0.44 0.49
Reading

FBCG returned more: +197.7% to +120.8%. VO swung less: 16.7% to 23.9%. VO fell less at its worst: −26.9% to −42.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: FBCG vs VO: Differences, Returns & Fees
MeasureFBCGVOEdgeHow it is measured
Return
Total return+197.7%+120.8%FBCGPrice change plus distributions, reinvested.
Annualized+18.6%+13.2%FBCGTotal return as a yearly rate.
Price return+197.2%+100.1%FBCGPrice change alone, distributions left out.
Risk
Volatility23.9%16.7%VOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation15.5%11.1%VOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−42.6%−26.9%VODeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.710.64FBCG (slight)Return above Treasury bills per unit of volatility.
Sortino1.090.96FBCGReturn above Treasury bills per unit of downside deviation.
Calmar0.440.49VOAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 332 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

9%

By the books each fund has filed, FBCG and VO hold 9% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Sep 30, 2026.

0 half 100%

half

9% in common

Positions both hold · largest shared weight first FBCG VO
MONOLITHIC POWER SYSTEMS INC 0.94% 0.62%
TARGET CORP 0.56% 0.70%
ASTERA LABS INC 0.64% 0.55%
COMFORT SYSTEMS USA INC 0.50% 0.57%
LUMENTUM HOLDINGS INC 0.47% 0.86%
DELTA AIR LINES INC 0.44% 0.49%
CARVANA CO 0.38% 0.42%
CLOUDFLARE INC 0.38% 1.11%
HOWMET AEROSPACE INC 0.37% 0.89%
UNITED AIRLINES HOLDINGS INC 0.43% 0.36%
CHIPOTLE MEXICAN GRILL INC 0.35% 0.40%
ROBINHOOD MARKETS INC 0.33% 0.88%
Only in one fund ↓
Only in FBCG
NVIDIA CORP 14.90%
APPLE INC 9.31%
ALPHABET INC 9.27%
AMAZON.COM INC 5.86%
MICROSOFT CORP 4.94%
BROADCOM INC 4.38%
ELI LILLY and CO 2.71%
META PLATFORMS INC 2.31%
Only in VO
Valero Energy Corp 1.10%
Marathon Petroleum Corp 1.10%
Phillips 66 1.01%
Quanta Services Inc 0.95%
Constellation Energy Corp 0.84%
Hewlett Packard Enterprise Co 0.79%
Motorola Solutions Inc 0.73%
Warner Bros Discovery Inc 0.73%
Check overlap with more funds →

Side by side

FBCG Fidelity Blue Chip Growth ETF VO Vanguard Morningstar Mid-Cap ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks an index of Mid-Cap
Total return, 1 year +9.5% +12.8%
Its benchmark over the same days +13.7% (VOO) not measured
Gap to its benchmark −4.2 pts vs VOO not measured
Expense ratio 0.57% 0.03%
Already in the S&P 500 85.3% 91.1%
Holdings 230 273
Net assets, as of Sep 30, 2026 $7.6bn $103.4bn

FBCG and VO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-3E0E6D0F08

FBCG and VO do different jobs. What does each one do in a portfolio?

  1. What each follows. FBCG follows No index, actively managed and VO follows Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index).
  2. Holdings in common. 9% of the weight is in the same securities (holdings dated Jul 31, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 FBCG returned +9.5% and VO +12.8% with distributions reinvested, a gap of 3.3 points.

Data as of Oct 28, 2026.

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About each fund
FBCG

FBCG is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +9.5% with distributions reinvested, against +13.7% 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 5.7% below its high of Oct 6, 2026 on Oct 28, 2026.

VO

VO tracks an index of Mid-Cap. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 273 positions, with the top ten at 9.7%. It sat 3.1% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FBCG or VO?
In the year to Oct 28, 2026, with distributions reinvested, FBCG returned +9.5% and VO +12.8%.
Which is cheaper, FBCG or VO?
VO is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FBCG and VO overlap with the S&P 500?
By their latest filed holdings, 85% of FBCG and 91% of VO by weight is stocks the S&P 500 already holds.
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ETFIQ, FBCG against VO, data as of Oct 28, 2026. https://etfiq.com/compare/any/fbcg-vs-vo

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