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Name

As of 02/23/2024

Price

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

Fidelity Growth Opportunities ETF

FGRO | Active ETF

$21.07

$182 M

0.00%

0.38%

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 02/23/2024

Price

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

Fidelity Growth Opportunities ETF

FGRO | Active ETF

$21.07

$182 M

0.00%

0.38%

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
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Fidelity Growth Opportunities ETF
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Feb 04, 2021
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael 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

  1. MICROSOFT CORP 11.35%
  2. NVIDIA CORP 8.23%
  3. AMAZON.COM INC 5.38%
  4. META PLATFORMS INC CL A 5.08%
  5. ALPHABET INC CL C 4.80%
  6. T-MOBILE US INC 4.31%
  7. ALPHABET INC CL A 2.98%
  8. UBER TECHNOLOGIES INC 2.95%
  9. UNITEDHEALTH GROUP INC 2.61%
  10. 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

View More +

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

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