TCHP - FBCG: A Large-Cap Play That Got It Right With Nvidia
2024-04-17 09:12:24 ET
Summary
- Fidelity Blue Chip Growth ETF aims to outperform traditional market benchmarks by focusing on large-cap growth stocks.
- The FBCG ETF's top holdings include Nvidia and Microsoft stocks, with a different weighting compared to the S&P 500.
- FBCG has outperformed similar ETFs over the past 2 years, but its high expense ratio and sector concentration pose risks.
Generating alpha is not easy, especially in the large-cap space, given market efficiency for well-covered stocks. Still - there are ETFs that try to play in that space by being more thoughtful about weighting and allocating in the hopes of outperforming more traditional market benchmarks like the S&P 500. That's precisely what the Fidelity Blue Chip Growth ETF F ( FBCG ) attempts to do....
FBCG: A Large-Cap Play That Got It Right With Nvidia