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

ETF Info

Issuer

Fidelity

Inception Date

Feb 2, 2021

Region

Global (Broad)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Asset Class Style

Growth

Expense Ratio

FGRO has an expense ratio of 0.59%, placing it in the medium range.


Share Price Chart


Loading data...

Compare to other instruments

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


Performance

Performance Chart


Loading data...

Returns By Period

Fidelity Growth Opportunities ETF (FGRO) returned -1.36% year-to-date (YTD) and 11.45% over the past 12 months.


FGRO

YTD

-1.36%

1M

19.32%

6M

0.37%

1Y

11.45%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

1.30%

1M

12.79%

6M

1.49%

1Y

12.35%

5Y*

15.12%

10Y*

10.89%

*Annualized

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.15%-4.87%-10.00%0.99%10.60%-1.36%
20242.75%9.08%2.82%-3.91%6.40%5.82%-2.92%1.74%2.53%-0.25%6.28%-1.26%32.16%
202311.13%-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 46, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FGRO is 4646
Overall Rank
The Sharpe Ratio Rank of FGRO is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of FGRO is 4646
Sortino Ratio Rank
The Omega Ratio Rank of FGRO is 4646
Omega Ratio Rank
The Calmar Ratio Rank of FGRO is 5151
Calmar Ratio Rank
The Martin Ratio Rank of FGRO is 4444
Martin 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.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Fidelity Growth Opportunities ETF Sharpe ratios as of May 18, 2025 (values are recalculated daily):

  • 1-Year: 0.41
  • All Time: 0.19

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Fidelity Growth Opportunities ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Loading data...

Dividends

Dividend History

Fidelity Growth Opportunities ETF provided a 0.10% dividend yield over the last twelve months, with an annual payout of $0.02 per share.


0.00%0.50%1.00%1.50%$0.00$0.05$0.10$0.15$0.202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021
Dividend$0.02$0.02$0.00$0.19$0.11

Dividend yield

0.10%0.09%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.02$0.02
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.


Loading data...

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.

The current Fidelity Growth Opportunities ETF drawdown is 6.93%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-44.52%Nov 9, 2021235Oct 14, 2022397May 15, 2024632
-26.72%Jan 24, 202552Apr 8, 2025
-14.33%Jul 11, 202418Aug 5, 202449Oct 14, 202467
-13.93%Feb 16, 202115Mar 8, 202176Jun 24, 202191
-8.31%Sep 7, 202120Oct 4, 202122Nov 3, 202142

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...