FCNS.NEO vs. GRO.TO
FCNS.NEO (Fidelity All-in-One Conservative ETF) and GRO.TO (Franklin Growth ETF Portfolio) are both Diversified Portfolio funds. Both are actively managed. Over the past year, FCNS.NEO returned 11.65% vs 21.59% for GRO.TO. At a 0.07 correlation, their price movements are largely independent. FCNS.NEO charges 0.40%/yr vs 0.21%/yr for GRO.TO.
Performance
FCNS.NEO vs. GRO.TO - Performance Comparison
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Returns By Period
In the year-to-date period, FCNS.NEO achieves a 5.61% return, which is significantly lower than GRO.TO's 10.52% return.
FCNS.NEO
- 1D
- 0.47%
- 1M
- -0.08%
- 6M
- 3.89%
- YTD
- 5.61%
- 1Y
- 11.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.36%
GRO.TO
- 1D
- 0.00%
- 1M
- -0.18%
- 6M
- 8.16%
- YTD
- 10.52%
- 1Y
- 21.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$2.87M | CA$3.68M | CA$3.34M | |
| CA$0.00 | CA$390.87 | CA$1.92K |
FCNS.NEO vs. GRO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FCNS.NEO Fidelity All-in-One Conservative ETF | 5.61% | 9.95% | 7.64% |
GRO.TO Franklin Growth ETF Portfolio | 10.52% | 11.09% | 15.17% |
Correlation
The correlation between FCNS.NEO and GRO.TO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2024 | 0.07 |
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Return for Risk
FCNS.NEO vs. GRO.TO — Risk / Return Rank
FCNS.NEO
GRO.TO
FCNS.NEO vs. GRO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity All-in-One Conservative ETF (FCNS.NEO) and Franklin Growth ETF Portfolio (GRO.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCNS.NEO | GRO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 2.81 | -1.50 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 3.75 | -1.34 |
| Martin ratioReturn relative to average drawdown | 9.35 | 17.38 | -8.03 |
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Drawdowns
FCNS.NEO vs. GRO.TO - Drawdown Comparison
The maximum FCNS.NEO drawdown since its inception was -6.45%, smaller than the maximum GRO.TO drawdown of -12.96%. Use the drawdown chart below to compare losses from any high point for FCNS.NEO and GRO.TO.
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Drawdown Indicators
| FCNS.NEO | GRO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.45% | -12.96% | +6.51% |
Max Drawdown (1Y)Largest decline over 1 year | -4.85% | -5.81% | +0.96% |
Current DrawdownCurrent decline from peak | -1.61% | -0.48% | -1.13% |
Average DrawdownAverage peak-to-trough decline | -0.89% | -1.20% | +0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.25% | 1.25% | 0.00% |
Volatility
FCNS.NEO vs. GRO.TO - Volatility Comparison
Fidelity All-in-One Conservative ETF (FCNS.NEO) has a higher volatility of 2.90% compared to Franklin Growth ETF Portfolio (GRO.TO) at 0.18%. This indicates that FCNS.NEO's price experiences larger fluctuations and is considered to be riskier than GRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCNS.NEO | GRO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 0.18% | +2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 5.82% | 7.15% | -1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.88% | 8.48% | -1.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.92% | 11.74% | -4.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.92% | 11.74% | -4.82% |
FCNS.NEO vs. GRO.TO - Expense Ratio Comparison
FCNS.NEO has a 0.40% expense ratio, which is higher than GRO.TO's 0.21% expense ratio.
Dividends
FCNS.NEO vs. GRO.TO - Dividend Comparison
FCNS.NEO's dividend yield for the trailing twelve months is around 1.96%, more than GRO.TO's 1.53% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FCNS.NEO Fidelity All-in-One Conservative ETF | 1.96% | 2.07% | 1.71% |
GRO.TO Franklin Growth ETF Portfolio | 1.53% | 2.04% | 1.50% |
Frequently Asked Questions
FCNS.NEO and GRO.TO have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GRO.TO is cheaper at 0.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GRO.TO is cheaper with a 0.21% expense ratio, compared with 0.40% for FCNS.NEO.
They also come from different issuers: Fidelity and Franklin Templeton. Their fees differ too: 0.40% for FCNS.NEO and 0.21% for GRO.TO.
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