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Two Blokes Sat at 1:45 PM -
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The Fidelity Blue Chip Growth ETF closely tracks large-cap growth index ETFs like IWF and VUG, offering similar risk-adjusted returns but at a higher expense ratio. The ETF is heavily weighted toward tech and consumer discretionary sectors, with performance hinging on continued AI and tech sector strength. Technical momentum is strong, with a recent breakout above previous highs and bullish indicators suggesting further upside potential.