FBCV ETF — Fidelity® Blue Chip Value ETF

Fidelity® Blue Chip Value ETF (FBCV)

Updated October 16, 2026.

FBCV is an ETF. its distribution rate is 1.07%, its trailing-12-month yield is 2.34%, its expense ratio is 0.57%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Total return is 137.1% over the past 6.4 years, 30.9 points behind SPY at 168.0%.

Fidelity Blue Chip Value ETF is an equity fund that invests at least eighty percent of its assets in large and mid-cap blue chip companies that the fund manager believes are trading below their intrinsic value based on factors like earnings, cash flow, and asset value. The fund distributes quarterly income at a modest current distribution rate and carries an expense ratio of 0.57%. The fund appeals to value-focused income investors seeking exposure to established, well-capitalized companies.

FBCV performance versus SPY

Price and return data through 2026-10-16.

Total return is 137.1% over the past 6.4 years, 30.9 points behind SPY at 168.0%. Over the past year its total return — price change plus distributions reinvested — is 30.6%. Its deepest 1-year drawdown was 7.0%.

FBCV key facts

Distribution Safety Score™

97 · Safe

Safety-Adjusted Yield

1.04%

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Equity

Inception date

06/02/2020

Expense ratio

0.57%

Distribution rate

1.07%

Distribution frequency

Quarterly

Trailing yield

2.34%

Last close

$42.92 (as of 2026-10-16)

AUM

$188,798,050

Average volume

17462.0

Dividend

$0.115

Ex-dividend date

09/18/2026

Payment date

09/22/2026

Beta

0.61

How Dividend Vision calculates yield and returns

Distribution rate (1.07%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.34%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FBCV risks and drawbacks

FBCV's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.0%.

Who may consider FBCV — and who may not

FBCV may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FBCV pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FBCV

• All tickers starting with F

Tagged: Value.

Frequently asked questions

More securities from Fidelity Investments.