FGRO vs. FIXT

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Growth Opportunities ETF (FGRO) and Procure Disaster Recovery Strategy ETF (FIXT).

FGRO and FIXT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FGRO is an actively managed fund by Fidelity. It was launched on Feb 2, 2021. FIXT is a passively managed fund by Procure that tracks the performance of the VettaFi Natural Disaster Response and Mitigation Index. It was launched on May 31, 2022.

Performance

FGRO vs. FIXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Opportunities ETF (FGRO) and Procure Disaster Recovery Strategy ETF (FIXT). The values are adjusted to include any dividend payments, if applicable.

FGRO vs. FIXT - Yearly Performance Comparison

	2026 (YTD)	2025
FGRO Fidelity Growth Opportunities ETF	-7.11%	17.86%
FIXT Procure Disaster Recovery Strategy ETF	0.06%	4.58%

Returns By Period

In the year-to-date period, FGRO achieves a -7.11% return, which is significantly lower than FIXT's 0.06% return.

FGRO

• 1D: 4.82%
• 1M: -5.34%
• YTD: -7.11%
• 6M: -5.65%
• 1Y: 25.80%
• 3Y*: 23.70%
• 5Y*: 7.97%
• 10Y*: —

FIXT

• 1D: 0.35%
• 1M: -2.05%
• YTD: 0.06%
• 6M: 1.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FGRO vs. FIXT - Expense Ratio Comparison

FGRO has a 0.59% expense ratio, which is lower than FIXT's 0.75% expense ratio.

FIXT

Procure Disaster Recovery Strategy ETF

FGRO

Fidelity Growth Opportunities ETF

Return for Risk

FGRO vs. FIXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Opportunities ETF (FGRO) and Procure Disaster Recovery Strategy ETF (FIXT). 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.

	FGRO	FIXT	Difference
Sharpe ratio Return per unit of total volatility	1.03	—	—
Sortino ratio Return per unit of downside risk	1.58	—	—
Omega ratio Gain probability vs. loss probability	1.22	—	—
Calmar ratio Return relative to maximum drawdown	1.81	—	—
Martin ratio Return relative to average drawdown	6.42	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FGRO	FIXT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	1.56	-1.30

Correlation

The correlation between FGRO and FIXT is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FGRO vs. FIXT - Dividend Comparison

FGRO has not paid dividends to shareholders, while FIXT's dividend yield for the trailing twelve months is around 4.22%.

	TTM	2025	2024	2023	2022	2021
FGRO Fidelity Growth Opportunities ETF	0.16%	0.14%	0.09%	0.00%	1.50%	0.55%
FIXT Procure Disaster Recovery Strategy ETF	4.22%	3.24%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FGRO vs. FIXT - Drawdown Comparison

The maximum FGRO drawdown since its inception was -44.52%, which is greater than FIXT's maximum drawdown of -2.79%. Use the drawdown chart below to compare losses from any high point for FGRO and FIXT.

Volatility

Volatility by Period

	FGRO	FIXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.16%	3.82%	+21.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.40%	3.82%	+21.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.59%	3.82%	+21.77%