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Fidelity Growth Opportunities ETF (FGRO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

IssuerFidelity
Inception DateFeb 2, 2021
RegionGlobal (Broad)
CategoryGlobal Equities, Actively Managed
Index TrackedNo Index (Active)
Asset ClassEquity

Asset Class Style

Growth

Expense Ratio

The Fidelity Growth Opportunities ETF has a high expense ratio of 0.59%, indicating higher-than-average management fees.


Expense ratio chart for FGRO: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Fidelity Growth Opportunities ETF

Popular comparisons: FGRO vs. AKREX, FGRO vs. SCHG, FGRO vs. FTEC, FGRO vs. FXAIX, FGRO vs. VOO, FGRO vs. MOAT, FGRO vs. FMIL, FGRO vs. XLK, FGRO vs. FSKAX, FGRO vs. SCHF

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Growth Opportunities ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2024FebruaryMarchApril
34.74%
22.58%
FGRO (Fidelity Growth Opportunities ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Fidelity Growth Opportunities ETF had a return of 10.81% year-to-date (YTD) and 47.82% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date10.81%5.84%
1 month-3.84%-2.98%
6 months34.74%22.02%
1 year47.82%24.47%
5 years (annualized)N/A11.44%
10 years (annualized)N/A10.46%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20242.75%9.08%2.82%
2023-5.16%-3.33%12.78%6.09%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FGRO is 87, placing it in the top 13% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of FGRO is 8787
Fidelity Growth Opportunities ETF(FGRO)
The Sharpe Ratio Rank of FGRO is 9595Sharpe Ratio Rank
The Sortino Ratio Rank of FGRO is 9191Sortino Ratio Rank
The Omega Ratio Rank of FGRO is 9191Omega Ratio Rank
The Calmar Ratio Rank of FGRO is 7272Calmar Ratio Rank
The Martin Ratio Rank of FGRO is 8888Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Growth Opportunities ETF (FGRO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FGRO
Sharpe ratio
The chart of Sharpe ratio for FGRO, currently valued at 2.51, compared to the broader market-1.000.001.002.003.004.002.51
Sortino ratio
The chart of Sortino ratio for FGRO, currently valued at 3.35, compared to the broader market-2.000.002.004.006.008.003.35
Omega ratio
The chart of Omega ratio for FGRO, currently valued at 1.42, compared to the broader market1.001.502.002.501.42
Calmar ratio
The chart of Calmar ratio for FGRO, currently valued at 1.26, compared to the broader market0.002.004.006.008.0010.001.26
Martin ratio
The chart of Martin ratio for FGRO, currently valued at 11.15, compared to the broader market0.0010.0020.0030.0040.0050.0060.0011.15
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.05, compared to the broader market-1.000.001.002.003.004.002.05
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.98, compared to the broader market-2.000.002.004.006.008.002.98
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.36, compared to the broader market1.001.502.002.501.36
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.55, compared to the broader market0.002.004.006.008.0010.001.55
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.05, compared to the broader market0.0010.0020.0030.0040.0050.0060.008.05

Sharpe Ratio

The current Fidelity Growth Opportunities ETF Sharpe ratio is 2.51. A Sharpe ratio higher than 2.0 is considered very good.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
2.51
1.91
FGRO (Fidelity Growth Opportunities ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Growth Opportunities ETF granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM202320222021
Dividend$0.00$0.00$0.19$0.11

Dividend yield

0.00%0.00%1.50%0.55%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Growth Opportunities ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19
2021$0.11

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-4.98%
-3.48%
FGRO (Fidelity Growth Opportunities ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Growth Opportunities ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Growth Opportunities ETF was 44.52%, occurring on Oct 14, 2022. The portfolio has not yet recovered.

The current Fidelity Growth Opportunities ETF drawdown is 4.98%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-44.52%Nov 9, 2021235Oct 14, 2022
-13.93%Feb 16, 202115Mar 8, 202176Jun 24, 202191
-8.31%Sep 7, 202120Oct 4, 202122Nov 3, 202142
-4.06%Jul 7, 20219Jul 19, 20214Jul 23, 202113
-3.61%Aug 6, 202110Aug 19, 20213Aug 24, 202113

Volatility

Volatility Chart

The current Fidelity Growth Opportunities ETF volatility is 5.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2024FebruaryMarchApril
5.60%
3.59%
FGRO (Fidelity Growth Opportunities ETF)
Benchmark (^GSPC)