Fidelity Blue Chip Growth ETF (FBCG) Valuation
FBCG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 29.6 trailing earnings
- Forward P/E
- 22.3 analyst estimates
- Price / sales
- 0.93
- Price / book
- 9.88
- EV / EBITDA
- 20.2
- Earnings yield
- 3.37% inverse of P/E
- Dividend yield
- 0.45% of the holdings
- Return on equity
- 33.3% combined
- Net margin
- 3.1% combined
- Beta
- 1.52 weighted, vs S&P 500
FBCG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FBCG | 29.6 | 22.3 | 0.93 | 9.88 | 0.45% | 33.3% | 3.1% | 4.8% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
FBCG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 55.5% | 32.2 | 22.5 | 0.59 | 15.84 | 0.40% | 49.2% |
| Communication Services | 13.2% | 19.3 | 21.9 | 8.59 | 7.34 | 0.24% | 37.9% |
| Consumer Cyclical | 13.0% | 27.8 | 24.0 | 2.66 | 6.58 | 0.34% | 23.6% |
| Healthcare | 6.5% | 110.0 | 21.0 | 4.37 | 8.93 | 0.85% | 8.1% |
| Industrials | 6.0% | 29.1 | 22.7 | 2.24 | 7.22 | 0.36% | 24.8% |
| Financial Services | 2.8% | 22.6 | 19.7 | 5.25 | 4.38 | 0.95% | 19.4% |
| Consumer Defensive | 1.1% | 18.8 | 15.8 | 0.96 | 4.44 | 2.71% | 23.7% |
| Real Estate | 0.7% | 109.1 | 37.0 | 4.21 | 3.37 | 1.29% | 3.1% |
| Energy | 0.1% | 23.0 | 14.8 | 2.04 | 2.56 | 2.30% | 11.1% |
FBCG earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How FBCG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FBCG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 15.05% | 27.1 | 24.9 | 17.1 | 0.47% | 16.85% |
| AAPL | Apple Inc. | 8.97% | 39.4 | 35.2 | 10.7 | 0.31% | 6.90% |
| GOOGL | Alphabet Inc. | 8.84% | 17.1 | 22.8 | 9.3 | 0.26% | 15.67% |
| MSFT | Microsoft Corporation | 5.72% | 29.5 | 25.1 | 11.8 | 0.74% | 5.88% |
| AMZN | Amazon.com, Inc. | 5.15% | 20.1 | 23.6 | 3.5 | — | 7.76% |
| AVGO | Broadcom Inc. | 4.07% | 43.3 | 19.4 | 17.6 | 0.79% | 2.85% |
| LLY | Eli Lilly and Company | 2.68% | 42.2 | 24.4 | 14.1 | 0.55% | 1.93% |
| MU | Micron Technology, Inc. | 2.40% | 11.8 | 7.0 | 7.5 | 0.07% | 6.14% |
| META | Meta Platforms, Inc. | 2.30% | 26.7 | 22.1 | 7.9 | 0.30% | 2.61% |
| SNDK | Sandisk Corporation | 1.78% | 17.6 | 8.0 | 9.3 | — | 3.06% |
| TSLA | Tesla, Inc. | 1.43% | 328.4 | 158.7 | 13.5 | — | 0.13% |
| WDC | Western Digital Corporation | 1.40% | 12.3 | 22.8 | 9.6 | 0.18% | 3.44% |
| AMD | Advanced Micro Devices, Inc. | 1.28% | 134.9 | 39.5 | 20.9 | — | 0.29% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 1.18% | 26.7 | 21.4 | 0.4 | 0.91% | 1.34% |
| MRVL | Marvell Technology, Inc. | 1.03% | 72.3 | 62.1 | 21.7 | 0.11% | 0.43% |
| MA | Mastercard Incorporated | 0.90% | 34.0 | 24.2 | 15.4 | 0.56% | 0.80% |
| CRWD | CrowdStrike Holdings, Inc. | 0.82% | — | 208.3 | 43.1 | — | 0.01% |
| SN | SharkNinja, Inc. | 0.80% | 38.1 | 23.1 | 3.8 | — | 0.64% |
| MPWR | Monolithic Power Systems, Inc. | 0.80% | 73.7 | 38.8 | 18.2 | 0.66% | 0.33% |
| PANW | Palo Alto Networks, Inc. | 0.73% | 855.0 | 94.3 | 24.4 | — | 0.03% |
| APP | AppLovin Corporation | 0.72% | 20.5 | 15.4 | 13.1 | — | 1.07% |
| GEV | GE Vernova Inc. | 0.69% | 26.4 | 38.8 | 5.9 | 0.22% | 0.79% |
| UNH | UnitedHealth Group Incorporated | 0.64% | 25.8 | 16.6 | 0.8 | 2.31% | 0.75% |
| STX | Seagate Technology Holdings plc | 0.61% | 46.0 | 25.7 | 11.9 | 0.46% | 0.40% |
| SPCX | Space Exploration Technologies Corp. | 0.60% | — | 200.0 | 83.5 | — | −0.08% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About FBCG valuation
Adding up its 188 holdings with company data, FBCG trades at 29.6 times trailing earnings and 22.3 times analysts' forward estimates, with a price-to-book ratio of 9.88 and a dividend yield of 0.45%. Its earnings yield of 3.37% is 1.95 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 57.0% of the fund and earn 69.7% of its combined profit. By sector, Healthcare is the most expensive at 110.0 times earnings and Consumer Defensive the cheapest at 18.8. Companies that lost money over the past year are 4.8% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FBCG chart, FBCG performance, FBCG holdings, FBCG dividends.
FBCG valuation FAQ
What is the P/E ratio of FBCG?
Based on its holdings, FBCG has a trailing P/E of 29.6 and a forward P/E of 22.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FBCG?
The trailing earnings yield is 3.37% (1 ÷ P/E) and the forward earnings yield 4.47%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FBCG more expensive than the S&P 500?
FBCG trades at 29.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 22.3 and 19.9.
What is the price-to-book ratio of FBCG?
The holdings of FBCG trade at 9.88 times book value, with a combined return on equity of 33.3%.
Which sector in FBCG has the highest P/E?
Healthcare has the highest P/E at 110.0 and Consumer Defensive the lowest at 18.8.