Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
You take care of your investments. We like that.
Upgrade to Premium to access your Watchlist and more.
Fidelity Growth Opportunities ETF
Active ETF
FGRO
Payout Change
Suspended
Price as of:
$21.07
+0.01
+0.05%
primary theme
N/A
FGRO (ETF)
Fidelity Growth Opportunities ETF
Payout Change
Suspended
Price as of:
$21.07
+0.01
+0.05%
primary theme
N/A
FGRO (ETF)
Fidelity Growth Opportunities ETF
Payout Change
Suspended
Price as of:
$21.07
+0.01
+0.05%
primary theme
N/A
Name
As of 02/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
11.1%
1 yr return
51.8%
3 Yr Avg Return
3.3%
5 Yr Avg Return
N/A
Net Assets
$182 M
Holdings in Top 10
49.9%
52 WEEK LOW AND HIGH
$21.1
$13.49
$21.11
Expenses
OPERATING FEES
Expense Ratio 0.38%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 02/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FGRO - Profile
Distributions
- YTD Total Return 11.1%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFidelity Growth Opportunities ETF
-
Fund Family NameFidelity Group of Funds
-
Inception DateFeb 04, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Kim
Fund Description
Normally investing at least 80% of assets in equity securities of companies with large market capitalizations (which, for purposes of the fund, are those companies with market capitalizations similar to companies in the Russell 1000® Index or the S&P 500® Index).Investing in companies that Fidelity Management & Research Company LLC (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks).Investing in domestic and foreign issuers.Using an investment process that starts with fundamental analyst research and security recommendations, and reference portfolios managed by FMR (the Adviser) that are based on fundamental analysis, and then applying a quantitative portfolio construction process designed to emphasize securities in which the Adviser has high conviction subject to appropriate security and portfolio-level risk, liquidity, and trading characteristics.
Read More
FGRO - Performance
Return Ranking - Trailing
| Period | FGRO Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.1% | -44.2% | 26.6% | 95.65% |
| 1 Yr | 51.8% | -98.5% | 150.0% | 90.77% |
| 3 Yr | 3.3%* | -74.2% | 26.3% | N/A |
| 5 Yr | N/A* | -61.2% | 23.2% | N/A |
| 10 Yr | N/A* | -35.6% | 18.2% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FGRO Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 49.7% | -98.8% | 81.6% | N/A |
| 2022 | -38.8% | -39.5% | 48.7% | N/A |
| 2021 | N/A | -13.0% | 34.8% | N/A |
| 2020 | N/A | -27.1% | 10.6% | N/A |
| 2019 | N/A | -15.9% | 33.2% | N/A |
Total Return Ranking - Trailing
| Period | FGRO Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.1% | -44.2% | 26.6% | 98.91% |
| 1 Yr | 51.8% | -98.5% | 150.0% | 91.10% |
| 3 Yr | 3.3%* | -74.2% | 32.9% | N/A |
| 5 Yr | N/A* | -61.2% | 22.9% | N/A |
| 10 Yr | N/A* | -35.6% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FGRO Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 49.7% | -98.8% | 81.6% | N/A |
| 2022 | -37.9% | -39.5% | 48.7% | N/A |
| 2021 | N/A | -13.0% | 34.8% | N/A |
| 2020 | N/A | -16.8% | 10.6% | N/A |
| 2019 | N/A | -15.9% | 35.6% | N/A |
FGRO - Holdings
Concentration Analysis
| FGRO | Category Low | Category High | FGRO % Rank | |
|---|---|---|---|---|
| Net Assets | 182 M | 189 K | 222 B | 86.56% |
| Number of Holdings | 112 | 2 | 3509 | 14.81% |
| Net Assets in Top 10 | 88 M | -1.37 M | 104 B | 89.26% |
| Weighting of Top 10 | 49.86% | 9.4% | 100.0% | 71.34% |
Top 10 Holdings
- MICROSOFT CORP 11.35%
- NVIDIA CORP 8.23%
- AMAZON.COM INC 5.38%
- META PLATFORMS INC CL A 5.08%
- ALPHABET INC CL C 4.80%
- T-MOBILE US INC 4.31%
- ALPHABET INC CL A 2.98%
- UBER TECHNOLOGIES INC 2.95%
- UNITEDHEALTH GROUP INC 2.61%
- ROKU INC CLASS A 2.17%
Asset Allocation
| Weighting | Return Low | Return High | FGRO % Rank | |
|---|---|---|---|---|
| Stocks | 99.74% | 0.00% | 107.71% | 13.51% |
| Cash | 0.26% | -10.83% | 87.35% | 84.34% |
| Preferred Stocks | 0.00% | 0.00% | 4.41% | 11.20% |
| Other | 0.00% | -2.66% | 17.15% | 17.34% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 5.53% |
| Bonds | 0.00% | -1.84% | 98.58% | 4.68% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FGRO % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 16.07% | 19.05% |
| Technology | 0.00% | 0.00% | 69.82% | 36.18% |
| Real Estate | 0.00% | 0.00% | 29.57% | 64.98% |
| Industrials | 0.00% | 0.00% | 30.65% | 89.94% |
| Healthcare | 0.00% | 0.00% | 39.76% | 78.57% |
| Financial Services | 0.00% | 0.00% | 43.06% | 89.78% |
| Energy | 0.00% | 0.00% | 41.09% | 6.45% |
| Communication Services | 0.00% | 0.00% | 66.40% | 3.46% |
| Consumer Defense | 0.00% | 0.00% | 25.50% | 85.18% |
| Consumer Cyclical | 0.00% | 0.00% | 62.57% | 70.20% |
| Basic Materials | 0.00% | 0.00% | 22.00% | 7.99% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FGRO % Rank | |
|---|---|---|---|---|
| US | 99.13% | 0.00% | 105.43% | 71.76% |
| Non US | 0.61% | 0.00% | 54.22% | 15.73% |
FGRO - Expenses
Operational Fees
| FGRO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.38% | 0.01% | 7.09% | 81.52% |
| Management Fee | 0.38% | 0.00% | 1.50% | 39.24% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
| FGRO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FGRO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 5.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FGRO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 316.74% | 67.96% |
FGRO - Distributions
Dividend Yield Analysis
| FGRO | Category Low | Category High | FGRO % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 19.33% | 3.81% |
Dividend Distribution Analysis
| FGRO | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
| FGRO | Category Low | Category High | FGRO % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -6.13% | 2.90% | 51.77% |
Capital Gain Distribution Analysis
| FGRO | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2022 | $0.190 | OrdinaryDividend |
| Dec 31, 2021 | $0.114 | OrdinaryDividend |
FGRO - Fund Manager Analysis
Managers
Michael Kim
Start Date
Tenure
Tenure Rank
Feb 02, 2021
1.32
1.3%
Michael Kim is a quantitative analyst and portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.
Kyle Weaver
Start Date
Tenure
Tenure Rank
Feb 02, 2021
1.32
1.3%
Kyle Weaver is a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Weaver manages Fidelity Advisor Growth Opportunities Fund, VIP Growth Opportunities Portfolio, and Fidelity Advisor Series Growth Opportunities Fund. Mr. Weaver earned his bachelor of arts degree in public policy from Stanford University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.09 | 2.92 |
