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

XGRO.TO vs. FGRO.NEO

Last updated Jun 5, 2026

XGRO.TO (iShares Core 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, XGRO.TO returned 10.89%/yr vs 14.69%/yr for FGRO.NEO. Their correlation of 0.85 suggests significant overlap in exposure. XGRO.TO charges 0.20%/yr vs 0.42%/yr for FGRO.NEO.

Performance

XGRO.TO vs. FGRO.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core Growth ETF Portfolio (XGRO.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, XGRO.TO achieves a 10.70% return, which is significantly higher than FGRO.NEO's 9.39% return.

XGRO.TO

1D
0.29%
1M
5.00%
YTD
10.70%
6M
8.71%
1Y
23.83%
3Y*
18.10%
5Y*
10.89%
10Y*
10.17%

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)

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

2026 (YTD)20252024202320222021
XGRO.TO
iShares Core Growth ETF Portfolio		10.70%15.59%19.53%15.01%-11.08%11.41%
FGRO.NEO
Fidelity All-in-One Growth ETF		9.39%17.00%25.97%16.92%-6.29%16.51%

Correlation

The correlation between XGRO.TO and FGRO.NEO is 0.86, 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

0.86

Correlation (3Y)
Calculated over the trailing 3-year period

0.89

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

0.86

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

0.85

The correlation between XGRO.TO and FGRO.NEO has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.

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

Sectors
XGRO.TO
FGRO.NEO

Technology

25.8%
20.6%

Financial Services

20.3%
22.2%

Industrials

7.3%
11.3%

Energy

7.2%
4.4%

Communication Services

6.8%
4.8%

Consumer Cyclical

6.3%
7.7%

Basic Materials

5.6%
9.7%

Healthcare

5.1%
4.4%

Consumer Defensive

3.8%
5.5%

Utilities

1.5%
4.6%

Real Estate

0.4%
4.7%

Technology

XGRO.TO
25.8%
FGRO.NEO
20.6%

Financial Services

XGRO.TO
20.3%
FGRO.NEO
22.2%

Industrials

XGRO.TO
7.3%
FGRO.NEO
11.3%

Energy

XGRO.TO
7.2%
FGRO.NEO
4.4%

Communication Services

XGRO.TO
6.8%
FGRO.NEO
4.8%

Consumer Cyclical

XGRO.TO
6.3%
FGRO.NEO
7.7%

Basic Materials

XGRO.TO
5.6%
FGRO.NEO
9.7%

Healthcare

XGRO.TO
5.1%
FGRO.NEO
4.4%

Consumer Defensive

XGRO.TO
3.8%
FGRO.NEO
5.5%

Utilities

XGRO.TO
1.5%
FGRO.NEO
4.6%

Real Estate

XGRO.TO
0.4%
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.

iShares Core Growth ETF Portfolio

Fidelity All-in-One Growth ETF

Often compared with XGRO.TO:
XGRO.TO vs. XEQT.TOXGRO.TO vs. VGRO.TOXGRO.TO vs. VEQT.TOXGRO.TO vs. XCG.TOXGRO.TO vs. TGRO.TOXGRO.TO vs. ZGRO.TOXGRO.TO vs. XAW.TO
Often compared with FGRO.NEO:
FGRO.NEO vs. VGRO.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

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XGRO.TO
XGRO.TO Risk / Return Rank: 7171
Overall Rank
XGRO.TO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
XGRO.TO Sortino Ratio Rank: 7070
Sortino Ratio Rank
XGRO.TO Omega Ratio Rank: 7272
Omega Ratio Rank
XGRO.TO Calmar Ratio Rank: 6868
Calmar Ratio Rank
XGRO.TO Martin Ratio Rank: 7878
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Core Growth ETF Portfolio (XGRO.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.

XGRO.TOFGRO.NEODifference
Sharpe ratioReturn per unit of total volatility
2.22
2.32

-0.10

Sortino ratioReturn per unit of downside risk
3.13
3.26

-0.13

Omega ratioGain probability vs. loss probability

1.42

1.44

-0.01

Calmar ratioReturn relative to maximum drawdown

3.36

2.97

+0.39

Martin ratioReturn relative to average drawdown

14.92

12.68

+2.24

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

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

The current XGRO.TO Sharpe Ratio is 2.22, which is comparable to the FGRO.NEO Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of XGRO.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

XGRO.TOFGRO.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.22

2.32

-0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.99

1.40

-0.40

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

1.38

-1.03

Drawdowns

XGRO.TO vs. FGRO.NEO - Drawdown Comparison

The maximum XGRO.TO drawdown since its inception was -47.97%, 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 XGRO.TO and FGRO.NEO.

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Drawdown Indicators

XGRO.TOFGRO.NEODifference

Max Drawdown

Largest peak-to-trough decline

-47.97%

-15.23%

-32.74%

Max Drawdown (1Y)

Largest decline over 1 year

-7.12%

-7.54%

+0.42%

Max Drawdown (3Y)

Largest decline over 3 years

-12.47%

-11.45%

-1.02%

Max Drawdown (5Y)

Largest decline over 5 years

-18.40%

-15.23%

-3.17%

Max Drawdown (10Y)

Largest decline over 10 years

-25.85%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.37%

+0.37%

Average Drawdown

Average peak-to-trough decline

-8.49%

-2.52%

-5.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

1.76%

-0.16%

Volatility

XGRO.TO vs. FGRO.NEO - Volatility Comparison

The current volatility for iShares Core Growth ETF Portfolio (XGRO.TO) is 3.40%, while Fidelity All-in-One Growth ETF (FGRO.NEO) has a volatility of 3.58%. This indicates that XGRO.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

XGRO.TOFGRO.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.40%

3.58%

-0.18%

Volatility (6M)

Calculated over the trailing 6-month period

9.20%

7.76%

+1.44%

Volatility (1Y)

Calculated over the trailing 1-year period

10.78%

9.66%

+1.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.05%

10.59%

+0.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.26%

10.47%

+1.79%

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

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

Dividends

XGRO.TO vs. FGRO.NEO - Dividend Comparison

XGRO.TO's dividend yield for the trailing twelve months is around 1.75%, more than FGRO.NEO's 1.13% yield.

PositionTTM20252024202320222021202020192018201720162015
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%0.00%0.00%0.00%
XGRO.TO
iShares Core Growth ETF Portfolio		1.75%1.92%1.98%2.22%1.86%1.66%1.94%2.21%7.42%2.04%2.65%2.15%

Frequently Asked Questions

XGRO.TO and FGRO.NEO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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

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

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