FGRO vs. FIXT

Last updated Jun 4, 2026

FGRO (Fidelity Growth Opportunities ETF) and FIXT (Procure Disaster Recovery Strategy ETF) are both Global Equities funds. FGRO is actively managed, while FIXT is passively managed. At a 0.22 correlation, their price movements are largely independent. FGRO charges 0.59%/yr vs 0.75%/yr for FIXT.

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.

Returns By Period

In the year-to-date period, FGRO achieves a 16.49% return, which is significantly higher than FIXT's 0.23% return.

FGRO

• 1D: -0.90%
• 1M: 7.34%
• YTD: 16.49%
• 6M: 16.21%
• 1Y: 39.38%
• 3Y*: 28.99%
• 5Y*: 12.59%
• 10Y*: —

FIXT

• 1D: -0.24%
• 1M: 0.27%
• YTD: 0.23%
• 6M: 0.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FGRO vs. FIXT - Yearly Performance Comparison

	2026 (YTD)	2025
FGRO Fidelity Growth Opportunities ETF	16.49%	17.86%
FIXT Procure Disaster Recovery Strategy ETF	0.23%	4.58%

Correlation

The correlation between FGRO and FIXT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 17, 2025	0.22

FGRO vs. FIXT - Sectors Allocation Comparison

Sectors	FGRO	FIXT
Technology	47.1%	-
Communication Services	18.4%	-
Consumer Cyclical	12.3%	-
Healthcare	7.9%	100.0%
Industrials	5.7%	-
Financial Services	4.8%	-
Basic Materials	1.5%	-
Consumer Defensive	0.8%	-
Real Estate	0.7%	-
Utilities	0.5%	-
Energy	0.2%	-

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	2.16	—	—
Sortino ratio: Return per unit of downside risk	2.85	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.78	—	—
Martin ratio: Return relative to average drawdown	10.87	—	—
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	2.16	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	1.34	-0.90

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 -3.02%. Use the drawdown chart below to compare losses from any high point for FGRO and FIXT.

Drawdown Indicators

	FGRO	FIXT	Difference
Max Drawdown Largest peak-to-trough decline	-44.52%	-3.02%	-41.50%
Max Drawdown (1Y) Largest decline over 1 year	-14.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.52%	—	—
Current Drawdown Current decline from peak	-0.90%	-1.88%	+0.98%
Average Drawdown Average peak-to-trough decline	-14.27%	-0.71%	-13.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	—	—

Volatility

Volatility by Period

	FGRO	FIXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.30%	3.77%	+14.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.34%	3.77%	+21.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.38%	3.77%	+21.61%

FGRO vs. FIXT - Expense Ratio Comparison

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

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 5.55%.

Position	TTM	2025	2024	2023	2022	2021
FGRO Fidelity Growth Opportunities ETF	0.13%	0.14%	0.09%	0.00%	1.50%	0.55%
FIXT Procure Disaster Recovery Strategy ETF	5.55%	3.24%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FGRO and FIXT in my portfolio?

FGRO and FIXT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FGRO or FIXT?

On fees, FGRO is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FGRO or FIXT?

FGRO is cheaper with a 0.59% expense ratio, compared with 0.75% for FIXT.

Which ETF pays a higher dividend yield, FGRO or FIXT?

FIXT has the higher dividend yield at 5.55%, compared with 0.13% for FGRO.

What is the main difference between FGRO and FIXT?

They also come from different issuers: Fidelity and Procure. Their fees differ too: 0.59% for FGRO and 0.75% for FIXT.