FGRO.NEO vs. FGRO
FGRO.NEO (Fidelity All-in-One Growth ETF) and FGRO (Fidelity Growth Opportunities ETF) are both exchange-traded funds - FGRO.NEO is a Diversified Portfolio fund actively managed by Fidelity, while FGRO is a Global Equities fund actively managed by Fidelity. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. FGRO.NEO charges 0.42%/yr vs 0.59%/yr for FGRO.
Performance
FGRO.NEO vs. FGRO - Performance Comparison
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Different Trading Currencies
FGRO.NEO is traded in CAD, while FGRO is traded in USD. To make them comparable, the FGRO values have been converted to CAD using the latest available exchange rates.
Returns By Period
FGRO.NEO
- 1D
- 0.11%
- 1M
- 0.91%
- YTD
- 9.86%
- 6M
- 9.24%
- 1Y
- 22.04%
- 3Y*
- 21.51%
- 5Y*
- 13.89%
- 10Y*
- —
FGRO
- 1D
- -0.94%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FGRO.NEO vs. FGRO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FGRO.NEO Fidelity All-in-One Growth ETF | 2.34% |
FGRO Fidelity Growth Opportunities ETF | -1.18% |
Correlation
The correlation between FGRO.NEO and FGRO is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 8, 2026 | 0.09 |
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Return for Risk
FGRO.NEO vs. FGRO — Risk / Return Rank
FGRO.NEO
FGRO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FGRO.NEO vs. FGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity All-in-One Growth ETF (FGRO.NEO) and Fidelity Growth Opportunities ETF (FGRO). 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.
| FGRO.NEO | FGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | — | — |
| Martin ratioReturn relative to average drawdown | 12.33 | — | — |
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Drawdowns
FGRO.NEO vs. FGRO - Drawdown Comparison
The maximum FGRO.NEO drawdown since its inception was -17.50%, which is greater than FGRO's maximum drawdown of -1.18%. Use the drawdown chart below to compare losses from any high point for FGRO.NEO and FGRO.
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Drawdown Indicators
| FGRO.NEO | FGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.50% | -1.18% | -16.32% |
Max Drawdown (1Y)Largest decline over 1 year | -7.54% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -11.45% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.50% | — | — |
Current DrawdownCurrent decline from peak | -0.79% | -1.18% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -3.13% | -0.56% | -2.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | — | — |
Volatility
FGRO.NEO vs. FGRO - Volatility Comparison
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Volatility by Period
| FGRO.NEO | FGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.43% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.58% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.34% | 7.90% | +2.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.60% | 7.90% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.44% | 7.90% | +2.54% |
FGRO.NEO vs. FGRO - Expense Ratio Comparison
FGRO.NEO has a 0.42% expense ratio, which is lower than FGRO's 0.59% expense ratio.
Dividends
FGRO.NEO vs. FGRO - Dividend Comparison
FGRO.NEO's dividend yield for the trailing twelve months is around 1.13%, while FGRO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FGRO Fidelity Growth Opportunities ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FGRO.NEO Fidelity All-in-One Growth ETF | 1.13% | 1.24% | 1.09% | 1.39% | 1.82% | 0.94% |
Frequently Asked Questions
FGRO.NEO and FGRO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FGRO.NEO is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FGRO.NEO is cheaper with a 0.42% expense ratio, compared with 0.59% for FGRO.
FGRO.NEO is categorized as Diversified Portfolio, while FGRO is Global Equities. Their fees differ too: 0.42% for FGRO.NEO and 0.59% for FGRO.
Find the right allocation for FGRO.NEO and FGRO
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