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VGRO.TO vs. FGRO.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VGRO.TO vs. FGRO.NEO

Last updated Jun 5, 2026

VGRO.TO (Vanguard 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, VGRO.TO returned 11.00%/yr vs 14.69%/yr for FGRO.NEO. Their correlation of 0.86 suggests significant overlap in exposure. VGRO.TO charges 0.20%/yr vs 0.42%/yr for FGRO.NEO.

Performance

VGRO.TO vs. FGRO.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard Growth ETF Portfolio (VGRO.TO) and Fidelity All-in-One Growth ETF (FGRO.NEO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VGRO.TO achieves a 10.97% return, which is significantly higher than FGRO.NEO's 9.39% return.

VGRO.TO

1D
0.57%
1M
5.12%
YTD
10.97%
6M
9.68%
1Y
25.48%
3Y*
18.25%
5Y*
11.00%
10Y*
—

FGRO.NEO

1D
0.54%
1M
3.71%
YTD
9.39%
6M
9.21%
1Y
22.30%
3Y*
21.34%
5Y*
14.69%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

VGRO.TO vs. FGRO.NEO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
VGRO.TO
Vanguard Growth ETF Portfolio		10.97%16.11%19.27%14.79%-11.21%12.27%
FGRO.NEO
Fidelity All-in-One Growth ETF		9.39%17.00%25.97%16.92%-6.29%16.51%

Correlation

The correlation between VGRO.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

0.90

Correlation (5Y)
Calculated over the trailing 5-year period

0.87

Correlation (All Time)
Calculated using the full available price history since Jan 22, 2021

0.86

The correlation between VGRO.TO and FGRO.NEO has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

VGRO.TO vs. FGRO.NEO - Sectors Allocation Comparison

Sectors
VGRO.TO
FGRO.NEO

Financial Services

20.6%
22.2%

Technology

20.3%
20.6%

Industrials

11.6%
11.3%

Energy

8.7%
4.4%

Basic Materials

8.6%
9.7%

Consumer Cyclical

7.8%
7.7%

Healthcare

6.7%
4.4%

Communication Services

6.0%
4.8%

Consumer Defensive

4.6%
5.5%

Utilities

2.8%
4.6%

Real Estate

2.3%
4.7%

Financial Services

VGRO.TO
20.6%
FGRO.NEO
22.2%

Technology

VGRO.TO
20.3%
FGRO.NEO
20.6%

Industrials

VGRO.TO
11.6%
FGRO.NEO
11.3%

Energy

VGRO.TO
8.7%
FGRO.NEO
4.4%

Basic Materials

VGRO.TO
8.6%
FGRO.NEO
9.7%

Consumer Cyclical

VGRO.TO
7.8%
FGRO.NEO
7.7%

Healthcare

VGRO.TO
6.7%
FGRO.NEO
4.4%

Communication Services

VGRO.TO
6.0%
FGRO.NEO
4.8%

Consumer Defensive

VGRO.TO
4.6%
FGRO.NEO
5.5%

Utilities

VGRO.TO
2.8%
FGRO.NEO
4.6%

Real Estate

VGRO.TO
2.3%
FGRO.NEO
4.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Growth ETF Portfolio

Fidelity All-in-One Growth ETF

Often compared with VGRO.TO:
VGRO.TO vs. VEQT.TOVGRO.TO vs. XEQT.TOVGRO.TO vs. VBAL.TOVGRO.TO vs. XGRO.TOVGRO.TO vs. VDY.TOVGRO.TO vs. TGRO.TOVGRO.TO vs. ZGRO.TO
Often compared with FGRO.NEO:
FGRO.NEO vs. XGRO.TOFGRO.NEO vs. FBAL.NEOFGRO.NEO vs. VEQT.TOFGRO.NEO vs. ZGRO.TOFGRO.NEO vs. FGROFGRO.NEO vs. VFV.TOFGRO.NEO vs. TGRO.TO

Return for Risk

VGRO.TO vs. FGRO.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VGRO.TO
VGRO.TO Risk / Return Rank: 8181
Overall Rank
VGRO.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
VGRO.TO Sortino Ratio Rank: 8484
Sortino Ratio Rank
VGRO.TO Omega Ratio Rank: 8383
Omega Ratio Rank
VGRO.TO Calmar Ratio Rank: 7474
Calmar Ratio Rank
VGRO.TO Martin Ratio Rank: 8181
Martin Ratio Rank
FGRO.NEO
FGRO.NEO Risk / Return Rank: 7070
Overall Rank
FGRO.NEO Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
FGRO.NEO Sortino Ratio Rank: 7373
Sortino Ratio Rank
FGRO.NEO Omega Ratio Rank: 7474
Omega Ratio Rank
FGRO.NEO Calmar Ratio Rank: 6161
Calmar Ratio Rank
FGRO.NEO Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VGRO.TO vs. FGRO.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth ETF Portfolio (VGRO.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.

VGRO.TOFGRO.NEODifference
Sharpe ratioReturn per unit of total volatility
2.66
2.32

+0.34

Sortino ratioReturn per unit of downside risk
3.72
3.26

+0.45

Omega ratioGain probability vs. loss probability

1.50

1.44

+0.06

Calmar ratioReturn relative to maximum drawdown

3.65

2.97

+0.68

Martin ratioReturn relative to average drawdown

15.92

12.68

+3.24

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGRO.TO vs. FGRO.NEO - Sharpe Ratio Comparison

The current VGRO.TO Sharpe Ratio is 2.66, which is comparable to the FGRO.NEO Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of VGRO.TO and FGRO.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

VGRO.TOFGRO.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.66

2.32

+0.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.04

1.40

-0.36

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

1.38

-0.56

Drawdowns

VGRO.TO vs. FGRO.NEO - Drawdown Comparison

The maximum VGRO.TO drawdown since its inception was -25.36%, 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 VGRO.TO and FGRO.NEO.

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Drawdown Indicators

VGRO.TOFGRO.NEODifference

Max Drawdown

Largest peak-to-trough decline

-25.36%

-15.23%

-10.13%

Max Drawdown (1Y)

Largest decline over 1 year

-7.01%

-7.54%

+0.53%

Max Drawdown (3Y)

Largest decline over 3 years

-12.50%

-11.45%

-1.05%

Max Drawdown (5Y)

Largest decline over 5 years

-17.39%

-15.23%

-2.16%

Current Drawdown

Current decline from peak

0.00%

-0.37%

+0.37%

Average Drawdown

Average peak-to-trough decline

-3.41%

-2.52%

-0.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

1.76%

-0.16%

Volatility

VGRO.TO vs. FGRO.NEO - Volatility Comparison

The current volatility for Vanguard Growth ETF Portfolio (VGRO.TO) is 3.18%, while Fidelity All-in-One Growth ETF (FGRO.NEO) has a volatility of 3.58%. This indicates that VGRO.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

VGRO.TOFGRO.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.18%

3.58%

-0.40%

Volatility (6M)

Calculated over the trailing 6-month period

7.88%

7.76%

+0.12%

Volatility (1Y)

Calculated over the trailing 1-year period

9.63%

9.66%

-0.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.64%

10.59%

+0.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.53%

10.47%

+2.06%

VGRO.TO vs. FGRO.NEO - Expense Ratio Comparison

VGRO.TO has a 0.20% expense ratio, which is lower than FGRO.NEO's 0.42% expense ratio.

Dividends

VGRO.TO vs. FGRO.NEO - Dividend Comparison

VGRO.TO's dividend yield for the trailing twelve months is around 1.70%, more than FGRO.NEO's 1.13% yield.

PositionTTM20252024202320222021202020192018
FGRO.NEO
Fidelity All-in-One Growth ETF		1.13%1.24%1.09%1.39%4.58%0.94%0.00%0.00%0.00%
VGRO.TO
Vanguard Growth ETF Portfolio		1.70%1.88%2.01%2.13%2.14%1.80%1.77%2.17%2.09%

Frequently Asked Questions

VGRO.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, VGRO.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VGRO.TO is cheaper with a 0.20% expense ratio, compared with 0.42% for FGRO.NEO.

They also come from different issuers: Vanguard and Fidelity. Their fees differ too: 0.20% for VGRO.TO and 0.42% for FGRO.NEO.

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