Fidelity Growth Opportunities ETF (FGRO)
FGRO is an actively managed ETF by Fidelity. FGRO launched on Feb 2, 2021 and has a 0.59% expense ratio.
ETF Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Feb 2, 2021 |
| Region | Global (Broad) |
| Category | Global Equities, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Style | Growth |
Expense Ratio
FGRO features an expense ratio of 0.59%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FGRO vs. AKREX, FGRO vs. FAGCX, FGRO vs. SCHG, FGRO vs. FXAIX, FGRO vs. VOO, FGRO vs. FSKAX, FGRO vs. FMIL, FGRO vs. FTEC, FGRO vs. MOAT, FGRO vs. XLK
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.
Returns By Period
Fidelity Growth Opportunities ETF had a return of 33.96% year-to-date (YTD) and 44.26% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 33.96% | 25.48% |
| 1 month | 2.63% | 2.14% |
| 6 months | 13.54% | 12.76% |
| 1 year | 44.26% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of FGRO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.75% | 9.08% | 2.82% | -3.91% | 6.40% | 5.82% | -2.92% | 1.74% | 2.53% | -0.25% | 33.96% | ||
| 2023 | 11.13% | -1.07% | 5.75% | -1.09% | 8.92% | 6.05% | 6.35% | -3.38% | -5.16% | -3.33% | 12.78% | 6.09% | 49.72% |
| 2022 | -13.77% | -1.74% | 2.28% | -16.67% | -2.07% | -11.27% | 11.47% | -1.45% | -10.58% | 5.02% | 3.51% | -7.26% | -37.86% |
| 2021 | -4.59% | -2.56% | 5.89% | -2.28% | 7.77% | -0.24% | 4.02% | -5.33% | 6.01% | -5.32% | -0.48% | 1.72% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FGRO is 68, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
Dividends
Dividend History
Fidelity Growth Opportunities ETF provided a 0.03% dividend yield over the last twelve months, with an annual payout of $0.01 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.01 | $0.00 | $0.19 | $0.11 |
Dividend yield | 0.03% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | |
| 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 | $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 | $0.19 |
| 2021 | $0.11 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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. Recovery took 397 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.52% | Nov 9, 2021 | 235 | Oct 14, 2022 | 397 | May 15, 2024 | 632 |
| -14.33% | Jul 11, 2024 | 18 | Aug 5, 2024 | 49 | Oct 14, 2024 | 67 |
| -13.93% | Feb 16, 2021 | 15 | Mar 8, 2021 | 76 | Jun 24, 2021 | 91 |
| -8.31% | Sep 7, 2021 | 20 | Oct 4, 2021 | 22 | Nov 3, 2021 | 42 |
| -4.06% | Jul 7, 2021 | 9 | Jul 19, 2021 | 4 | Jul 23, 2021 | 13 |
Volatility
Volatility Chart
The current Fidelity Growth Opportunities ETF volatility is 5.43%, 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.