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Franklin Growth ETF Portfolio (GRO.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Franklin Growth ETF Portfolio (GRO.TO)

ETF · Currency in CAD · Last updated Apr 1, 2026

The Franklin Growth ETF Portfolio ETF Series-CAD (GRO) aims to provide long-term capital appreciation with additional stability derived from income by investing in a diversified mix of exchange-traded funds (ETFs) that invest in Canadian, U.S., and international fixed income and equity securities.

ETF Info

CUSIP
35353L201
Issuer
Franklin Templeton
Inception Date
Feb 20, 2019
Category
Diversified Portfolio
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart

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Franklin Growth ETF Portfolio

Often compared with GRO.TO:
GRO.TO vs. FCRI.TOGRO.TO vs. XBAL.TOGRO.TO vs. MIX.TOGRO.TO vs. CEQT.TOGRO.TO vs. VBAL.TOGRO.TO vs. CSBG.NEOGRO.TO vs. FLVI.NEOGRO.TO vs. VRIF.TOGRO.TO vs. XTR.TOGRO.TO vs. HBAL.TOMore GRO.TO alternatives

Performance

Performance Chart

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

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S&P 500 Index

Different Benchmark Currency

GRO.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

Franklin Growth ETF Portfolio (GRO.TO) has returned -2.38% so far this year and 13.17% over the past 12 months.

Franklin Growth ETF Portfolio

1D
0.00%
1M
-5.81%
YTD
-2.38%
6M
0.01%
1Y
13.17%
3Y*
—
5Y*
—
10Y*
—

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 5, 2024, GRO.TO's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, your investment would double in approximately 5.5 years.

Historically, 68% of months were positive and 32% were negative. The best month was Dec 2024 with a return of +5.3%, while the worst month was Mar 2026 at -5.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 2 months.

On a daily basis, GRO.TO closed higher 9% of trading days. The best single day was Apr 28, 2025 with a return of +7.4%, while the worst single day was Apr 8, 2025 at -9.2%.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.18%1.42%-5.81%-2.38%
2025-1.98%0.94%-3.16%-2.02%4.18%1.30%1.93%3.21%4.04%0.70%-0.65%2.41%11.09%
20240.00%2.19%1.85%1.34%0.00%3.73%5.26%15.17%

Benchmark Metrics

Franklin Growth ETF Portfolio has an annualized alpha of 13.33%, beta of 0.04, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 10, 2024.

  • This ETF captured 48.41% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -6.54%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.04 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
Alpha
13.33%
Beta
0.04
R²
0.00
Upside Capture
48.41%
Downside Capture
-6.54%

Expense Ratio

GRO.TO has an expense ratio of 0.21%, which is considered low.

Return for Risk

Risk / Return Rank

GRO.TO ranks 57 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

GRO.TO Risk / Return Rank: 5757
Overall Rank
GRO.TO Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
GRO.TO Sortino Ratio Rank: 4444
Sortino Ratio Rank
GRO.TO Omega Ratio Rank: 9797
Omega Ratio Rank
GRO.TO Calmar Ratio Rank: 4949
Calmar Ratio Rank
GRO.TO Martin Ratio Rank: 5050
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Franklin Growth ETF Portfolio (GRO.TO) and compare them to a chosen benchmark (S&P 500 Index).

GRO.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.89

0.69

+0.20

Sortino ratio

Return per unit of downside risk

1.29

1.06

+0.23

Omega ratio

Gain probability vs. loss probability

1.59

1.17

+0.43

Calmar ratio

Return relative to maximum drawdown

1.34

1.14

+0.20

Martin ratio

Return relative to average drawdown

5.10

4.22

+0.88

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Explore GRO.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

GRO.TO Sortino RatioGRO.TO Sharpe Ratio

Dividends

Dividend History

Franklin Growth ETF Portfolio provided a 2.36% dividend yield over the last twelve months, with an annual payout of CA$0.57 per share.

1.50%1.60%1.70%1.80%1.90%2.00%CA$0.00CA$0.10CA$0.20CA$0.30CA$0.40CA$0.5020242025
Dividends
Dividend Yield
PeriodTTM20252024
DividendCA$0.57CA$0.51CA$0.34

Dividend yield

2.36%2.04%1.50%

Monthly Dividends

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.00CA$0.00CA$0.16CA$0.16
2025CA$0.00CA$0.00CA$0.10CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.11CA$0.00CA$0.00CA$0.14CA$0.51
2024CA$0.34CA$0.34

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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Franklin Growth ETF Portfolio. 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 Franklin Growth ETF Portfolio was 12.96%, occurring on Apr 8, 2025. Recovery took 67 trading sessions.

The current Franklin Growth ETF Portfolio drawdown is 5.81%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.96%Jan 7, 202565Apr 8, 202567Jul 15, 2025132
-5.81%Mar 9, 202616Mar 30, 2026———
-1.13%Nov 18, 20241Nov 18, 202410Dec 2, 202411
-1.06%Oct 9, 202528Nov 18, 202514Dec 8, 202542
-0.98%Jan 23, 20261Jan 23, 202621Feb 24, 202622

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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