2024-06-27 15:04:21 ET
Summary
- Fidelity Blue Chip Growth ETF (FBCG) is a $1.9bn actively managed ETF focusing on large-cap domestic stocks with above-average growth potential.
- FBCG may have outperformed the Russell 1000 Growth ETF (IWF) since its debut, but it still suffers from a few flaws.
- FBCG's top holdings are not on course to live up to their historical earnings profile, whilst the growth to value ratio looks very steep.
- A lot hinges on NVDA's earnings growth potential and FBCG currently looks overextended on the charts.
ETF Profile
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For further details see:
FBCG ETF - Not Compelled To Buy