FGRO vs. POW

Last updated Jul 12, 2026

FGRO (Fidelity Growth Opportunities ETF) and POW (VistaShares Electrification Supercycle ETF) are both exchange-traded funds - FGRO is a Global Equities fund actively managed by Fidelity, while POW is a Actively Managed fund actively managed by VistaShares. Both are actively managed. At a 0.01 correlation, their price movements are largely independent. FGRO charges 0.59%/yr vs 0.75%/yr for POW.

Performance

FGRO vs. POW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Opportunities ETF (FGRO) and VistaShares Electrification Supercycle ETF (POW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FGRO

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

POW

• 1D: 1.25%
• 1M: -5.36%
• 6M: 39.04%
• YTD: 44.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FGRO vs. POW - Yearly Performance Comparison

	2026 (YTD)
FGRO Fidelity Growth Opportunities ETF	-1.24%
POW VistaShares Electrification Supercycle ETF	-2.21%

Correlation

The correlation between FGRO and POW is 0.01, 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	0.01

Return for Risk

FGRO vs. POW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Opportunities ETF (FGRO) and VistaShares Electrification Supercycle ETF (POW). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	FGRO	POW	Difference
Max Drawdown Largest peak-to-trough decline	—	-17.41%	—
Current Drawdown Current decline from peak	—	-15.32%	—
Average Drawdown Average peak-to-trough decline	—	-4.25%	—

Volatility

Volatility by Period

	FGRO	POW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	32.71%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	32.71%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	32.71%	—

FGRO vs. POW - Expense Ratio Comparison

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

Dividends

FGRO vs. POW - Dividend Comparison

FGRO has not paid dividends to shareholders, while POW's dividend yield for the trailing twelve months is around 0.13%.

Position	TTM	2025
FGRO Fidelity Growth Opportunities ETF	0.00%	0.00%
POW VistaShares Electrification Supercycle ETF	0.13%	0.19%

Frequently Asked Questions

Can I hold both FGRO and POW in my portfolio?

FGRO and POW have a correlation of 0.01, 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 POW?

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 POW?

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

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

POW has the higher dividend yield at 0.13%, compared with 0.00% for FGRO.

What is the main difference between FGRO and POW?

FGRO is categorized as Global Equities, while POW is Actively Managed. They also come from different issuers: Fidelity and VistaShares. Their fees differ too: 0.59% for FGRO and 0.75% for POW.