Fidelity Growth Opportunities ETF

Frequently Asked Questions About FGRO

What does FGRO invest in?

The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the advisor publishes each business day on its website a "Tracking Basket," which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.

What is the expense ratio of FGRO?

Fidelity Growth Opportunities ETF (FGRO) charges an expense ratio of 0.38%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FGRO?

Fidelity Growth Opportunities ETF (FGRO) manages $433,329 in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FGRO actively managed or an index fund?

FGRO is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FGRO's is 0.38%) in exchange for the discretion to over- or under-weight positions.

When was FGRO launched?

Fidelity Growth Opportunities ETF (FGRO) launched in February 2021 and is managed by Fidelity.

How has FGRO performed?

FGRO's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.