GRO.TO vs. FEQT.NEO
GRO.TO (Franklin Growth ETF Portfolio) and FEQT.NEO (Fidelity All-in-One Equity ETF Fund) are both Diversified Portfolio funds. Both are actively managed. Over the past year, GRO.TO returned 23.55% vs 24.74% for FEQT.NEO. At a 0.08 correlation, their price movements are largely independent. GRO.TO charges 0.21%/yr vs 0.43%/yr for FEQT.NEO.
Performance
GRO.TO vs. FEQT.NEO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GRO.TO achieves a 8.77% return, which is significantly lower than FEQT.NEO's 10.30% return.
GRO.TO
- 1D
- 0.00%
- 1M
- 4.49%
- YTD
- 8.77%
- 6M
- 11.39%
- 1Y
- 23.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FEQT.NEO
- 1D
- -0.38%
- 1M
- 4.01%
- YTD
- 10.30%
- 6M
- 10.63%
- 1Y
- 24.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GRO.TO vs. FEQT.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GRO.TO Franklin Growth ETF Portfolio | 8.77% | 11.09% | 15.17% |
FEQT.NEO Fidelity All-in-One Equity ETF Fund | 10.30% | 19.42% | 12.19% |
Correlation
The correlation between GRO.TO and FEQT.NEO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2024 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GRO.TO vs. FEQT.NEO — Risk / Return Rank
GRO.TO
FEQT.NEO
GRO.TO vs. FEQT.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Growth ETF Portfolio (GRO.TO) and Fidelity All-in-One Equity ETF Fund (FEQT.NEO). 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.
| GRO.TO | FEQT.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.49 | ||
| Omega ratioGain probability vs. loss probability | 3.54 | 1.42 | +2.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 2.99 | +1.08 |
| Martin ratioReturn relative to average drawdown | 19.41 | 12.96 | +6.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GRO.TO | FEQT.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.00 | 2.26 | +0.74 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.54 | 1.77 | -0.23 |
Drawdowns
GRO.TO vs. FEQT.NEO - Drawdown Comparison
The maximum GRO.TO drawdown since its inception was -12.96%, roughly equal to the maximum FEQT.NEO drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for GRO.TO and FEQT.NEO.
Loading charts...
Drawdown Indicators
| GRO.TO | FEQT.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.96% | -13.24% | +0.28% |
Max Drawdown (1Y)Largest decline over 1 year | -5.81% | -8.31% | +2.50% |
Current DrawdownCurrent decline from peak | -0.19% | -1.02% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -1.25% | -1.45% | +0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.91% | -0.69% |
Volatility
GRO.TO vs. FEQT.NEO - Volatility Comparison
The current volatility for Franklin Growth ETF Portfolio (GRO.TO) is 3.33%, while Fidelity All-in-One Equity ETF Fund (FEQT.NEO) has a volatility of 3.89%. This indicates that GRO.TO experiences smaller price fluctuations and is considered to be less risky than FEQT.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GRO.TO | FEQT.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 3.89% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 6.61% | 8.88% | -2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.88% | 11.01% | -3.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.89% | 12.45% | -0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.89% | 12.45% | -0.56% |
GRO.TO vs. FEQT.NEO - Expense Ratio Comparison
GRO.TO has a 0.21% expense ratio, which is lower than FEQT.NEO's 0.43% expense ratio.
Dividends
GRO.TO vs. FEQT.NEO - Dividend Comparison
GRO.TO's dividend yield for the trailing twelve months is around 2.13%, more than FEQT.NEO's 0.82% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FEQT.NEO Fidelity All-in-One Equity ETF Fund | 0.82% | 0.91% | 0.91% |
GRO.TO Franklin Growth ETF Portfolio | 2.13% | 2.04% | 1.50% |
Frequently Asked Questions
GRO.TO and FEQT.NEO have a correlation of 0.11, 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 0.43% for FEQT.NEO.
They also come from different issuers: Franklin Templeton and Fidelity. Their fees differ too: 0.21% for GRO.TO and 0.43% for FEQT.NEO.
Find the right allocation for GRO.TO and FEQT.NEO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer