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Fidelity All-in-One Growth ETF (FGRO.NEO) Diversifiers

ETF · Currency in CAD · Last updated Jun 5, 2026

A global multi-asset strategy with a neutral mix of approximately 82% equity factors and active equity, 15% systematic and active fixed income, and 3% cryptocurrencies, designed to provide diversified exposure across regions, market caps, and investment styles/factors.

Looking to diversify beyond FGRO.NEO? The ETFs below have the lowest correlation with FGRO.NEO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FGRO.NEO.

Best Diversifiers for FGRO.NEO

1 ETFs have low correlation with FGRO.NEO (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Growth ETF Portfolio (GRO.TO) (Diversified Portfolio) with a 1Y correlation of 0.12, roughly unchanged from 0.09 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
GRO.TO
Franklin Growth ETF Portfolio0.120.090.09
92
Diversified PortfolioFGRO.NEO vs GRO.TO
GCNS.TO
iShares ESG Conservative Balanced ETF Portfolio0.330.230.26
53
Diversified PortfolioFGRO.NEO vs GCNS.TO
FCGI.TO
Fidelity Global Monthly High Income ETF0.400.290.28
92
Global AllocationFGRO.NEO vs FCGI.TO
CEQT.TO
CI Equity Asset Allocation ETF0.430.28—
90
Diversified PortfolioFGRO.NEO vs CEQT.TO
MGRW.TO
Mackenzie Growth Allocation ETF0.600.520.50
84
Diversified PortfolioFGRO.NEO vs MGRW.TO
See all 43 diversifiers for FGRO.NEO

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Diversification Analysis

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Add FGRO.NEO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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