TGRO.TO vs. FGRO.NEO
TGRO.TO (TD Growth ETF Portfolio) and FGRO.NEO (Fidelity All-in-One Growth ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past 5 years, TGRO.TO returned 13.26%/yr vs 14.57%/yr for FGRO.NEO. Their correlation of 0.82 suggests significant overlap in exposure. TGRO.TO charges 0.15%/yr vs 0.42%/yr for FGRO.NEO.
Performance
TGRO.TO vs. FGRO.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, TGRO.TO achieves a 9.93% return, which is significantly higher than FGRO.NEO's 8.81% return.
TGRO.TO
- 1D
- -0.38%
- 1M
- 5.22%
- YTD
- 9.93%
- 6M
- 9.81%
- 1Y
- 25.55%
- 3Y*
- 19.69%
- 5Y*
- 13.26%
- 10Y*
- —
FGRO.NEO
- 1D
- -0.37%
- 1M
- 3.27%
- YTD
- 8.81%
- 6M
- 9.01%
- 1Y
- 21.34%
- 3Y*
- 20.93%
- 5Y*
- 14.57%
- 10Y*
- —
TGRO.TO vs. FGRO.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TGRO.TO TD Growth ETF Portfolio | 9.93% | 18.03% | 22.28% | 18.36% | -11.39% | 18.18% |
FGRO.NEO Fidelity All-in-One Growth ETF | 8.81% | 17.00% | 25.97% | 16.92% | -6.29% | 16.51% |
Correlation
The correlation between TGRO.TO and FGRO.NEO is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2021 | 0.82 |
The correlation between TGRO.TO and FGRO.NEO has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.
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Return for Risk
TGRO.TO vs. FGRO.NEO — Risk / Return Rank
TGRO.TO
FGRO.NEO
TGRO.TO vs. FGRO.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Growth ETF Portfolio (TGRO.TO) and Fidelity All-in-One Growth ETF (FGRO.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.
| TGRO.TO | FGRO.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.42 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 2.84 | +0.72 |
| Martin ratioReturn relative to average drawdown | 15.71 | 12.13 | +3.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TGRO.TO | FGRO.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.58 | 2.22 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.14 | 1.38 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 1.37 | -1.27 |
Drawdowns
TGRO.TO vs. FGRO.NEO - Drawdown Comparison
The maximum TGRO.TO drawdown since its inception was -18.37%, which is greater than FGRO.NEO's maximum drawdown of -15.23%. Use the drawdown chart below to compare losses from any high point for TGRO.TO and FGRO.NEO.
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Drawdown Indicators
| TGRO.TO | FGRO.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.37% | -15.23% | -3.14% |
Max Drawdown (1Y)Largest decline over 1 year | -7.21% | -7.54% | +0.33% |
Max Drawdown (3Y)Largest decline over 3 years | -13.27% | -11.45% | -1.82% |
Max Drawdown (5Y)Largest decline over 5 years | -18.37% | -15.23% | -3.14% |
Current DrawdownCurrent decline from peak | -0.41% | -0.90% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -2.53% | -0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.76% | -0.13% |
Volatility
TGRO.TO vs. FGRO.NEO - Volatility Comparison
The current volatility for TD Growth ETF Portfolio (TGRO.TO) is 3.28%, while Fidelity All-in-One Growth ETF (FGRO.NEO) has a volatility of 3.56%. This indicates that TGRO.TO experiences smaller price fluctuations and is considered to be less risky than FGRO.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGRO.TO | FGRO.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 3.56% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 8.10% | 7.75% | +0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.93% | 9.65% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.69% | 10.59% | +1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 995.08% | 10.47% | +984.61% |
TGRO.TO vs. FGRO.NEO - Expense Ratio Comparison
TGRO.TO has a 0.15% expense ratio, which is lower than FGRO.NEO's 0.42% expense ratio.
Dividends
TGRO.TO vs. FGRO.NEO - Dividend Comparison
TGRO.TO's dividend yield for the trailing twelve months is around 1.78%, more than FGRO.NEO's 1.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
FGRO.NEO Fidelity All-in-One Growth ETF | 1.14% | 1.24% | 1.09% | 1.39% | 4.58% | 0.94% | 0.00% |
TGRO.TO TD Growth ETF Portfolio | 1.78% | 2.03% | 2.04% | 2.17% | 2.46% | 1.58% | 0.83% |
Frequently Asked Questions
TGRO.TO and FGRO.NEO have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TGRO.TO is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TGRO.TO is cheaper with a 0.15% expense ratio, compared with 0.42% for FGRO.NEO.
They also come from different issuers: TD and Fidelity. Their fees differ too: 0.15% for TGRO.TO and 0.42% for FGRO.NEO.
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