FFOG is an actively managed ETF with a maximalist growth strategy. Despite suffering sharp losses earlier this year, FFOG has outperformed QQQ, SCHG, and IVV year-to-date, thanks to its concentrated approach and high beta. Compared to QQQ and SCHG, FFOG has stronger growth and momentum characteristics, mainly driven by NVDA.
NVDA-heavy actively managed FFOG bets on racy growth stocks with decent quality. Since the conversion, it has done a fantastic job outperforming not only IVV but also QQQ, as well as a few growth-focused peers. FFOG has significantly stronger growth and quality characteristics than those of SCHG. It is also overweight in high-beta stocks.
Investment manager Franklin Templeton has marked eight years as an ETF issuer in the U.S. market. Primarily known as an active manager of mutual funds, the firm also offers active, quasi-active and passively managed strategies within the ETF wrapper.