Investing Ideas
Seek upside potential with Fidelity Blue Chip Growth ETF (FBCG)
History tells us that companies with strong earnings growth tend to outperform,1 making growth-focused strategies like the Fidelity Blue Chip Growth ETF a powerful tool for building a stronger financial future.
Prioritizing growth
For investors looking to fund retirement, buy a home, or build generational wealth, focusing on growth is essential. While income-generating assets like dividends or interest provide stability, capital appreciation offers the opportunity for exponential growth, especially when paired with compounding returns. Prioritizing growth can help bridge the gaps between current savings and future financial aspirations.
S&P 500® companies with earnings growth of at least 10% tend to outperform companies with earnings growth of less than 10% (see chart to the right).
Relative stock price performance of earnings growth vs. S&P 500® index
Source: Fidelity Investments and FactSet, as of December 31, 2023. Returns and earnings growth are presented in concurrent time periods. Returns are hypothetical and would have only been achieved with perfect foresight.
Indices may not be representative of the types of investments made by the strategy and there can be no assurance any such historical trends will continue in the future. All indices are unmanaged, and performance of the indices includes reinvestment of dividends and interest income, unless otherwise noted.
Past performance is no guarantee of future results.
Hypothetical cumulative growth of $10,000 (year-over-year)
Source: Fidelity Investments and FactSet, as of December 31, 2023. The chart illustrates the performance of a hypothetical $10,000 investment, if an investor had the ability to predict earnings perfectly. Figures do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance.
Past performance is no guarantee of future results.
The potential of blue chips
The market has historically rewarded earnings growth. Since 1992, the average annual difference in stock performance of the growers of at least 10% versus the rest has been 12%.
Over that same 30+ year time period, a hypothetical investment of $10,000 in S&P 500 companies with earnings growth of at least 10% would have turned into over $2 million vs. $320,000+ in the S&P 500 per the chart on the left.
FBCG targets high-earning growth companies to offer investors capital growth potential.
- Seeks long-term growth
- Focus on strong, resilient companies
- Blends deep research with big- picture themes to find value
Downside protection
Downside protection plays a key role in reducing the impact of market downturns. Learn more about strategies designed to help limit losses and support a more efficient recovery when markets rebound.
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Income
With income-generating investments investors can generate a reliable income source, build resilience in their portfolio, and help strengthen their overall financial foundation.
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Outpacing inflation
Whether it's saving for retirement, funding education, or building a legacy, inflation stands in the way of achieving important goals. Choosing the right investments can help outpace inflation and preserve financial stability.
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1. Source: Fidelity Investments and FactSet, as of December 31, 2023.
S&P 500 Index is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
This Semi-Transparent Active Equity ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example: You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information. The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders. These additional risks may be even greater in bad or uncertain market conditions. The ETF will publish on its website each day a “Tracking Basket” designed to help trading in shares of the ETF. While the Tracking Basket includes some of the ETF’s holdings, it is not the ETF’s actual portfolio. The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of this ETF, see below.
Additional information for Semi-Transparent Active Equity ETFs: The objective of the actively managed ETF Tracking Basket is to construct a portfolio of stocks and representative index ETFs that tracks the daily performance of an actively managed ETF without exposing current holdings, trading activities, or internal equity research. The Tracking Basket is designed to conceal any nonpublic information about the underlying portfolio and only uses the Fund's latest publicly disclosed holdings, representative ETFs, and the publicly known daily performance in its construction. You can gain access to the Tracking Basket and the Tracking Basket Weight overlap on Fidelity.com or i.Fidelity.com.
Although the Tracking Basket is intended to provide investors with enough information to allow for an effective arbitrage mechanism that will keep the market price of the Fund at or close to the underlying NAV per share of the Fund, there is a risk (which may increase during periods of market disruption or volatility) that market prices will vary significantly from the underlying NAV of the Fund; ETFs trading on the basis of a published Tracking Basket may trade at a wider bid/ask spread than ETFs that publish their portfolios on a daily basis, especially during periods of market disruption or volatility, and, therefore, may cost investors more to trade, and although the Fund seeks to benefit from keeping its portfolio information secret, market participants may attempt to use the Tracking Basket to identify a Fund's trading strategy, which, if successful, could result in such market participants engaging in certain predatory trading practices that may have the potential to harm the Fund and its shareholders.
Because shares are traded in the secondary market, a broker may charge a commission to execute a transaction in shares, and an investor may incur the cost of the spread between the price at which a dealer will buy shares and the price at which a dealer will sell shares.
ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.
Investing involves risk, including risk of loss. Past performance is no guarantee of future results.