Summary
QGRO Chart
QGRO: Solid Factor Mix Overshadowed By Underdelivery This Year; Hold Rating Maintained
American Century U.S. Quality Growth ETF is rated Hold, as strong GARP and quality characteristics of its portfolio are overshadowed by its underperformance versus peers and the market. While having an appealing growth and quality premise, QGRO has lagged leading growth ETFs like IWF, SCHG, and QQQM, as well as IVV, year-to-date. The fund has also underperformed IVV and the growth-focused ETFs since the strategy change in May 2023.
Is American Century U.S. Quality Growth ETF (QGRO) a Strong ETF Right Now?
Launched on 09/10/2018, the American Century U.S. Quality Growth ETF (QGRO) is a smart beta exchange traded fund offering broad exposure to the Style Box - All Cap Growth category of the market.
Leaning Into Growth, Wisely
Lean into growth, but diversify. That was an interesting midyear market call I heard this week, and one that rang slightly surprising — and, yet, not surprising at all.
American Century U.S. Quality Growth ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 2,905 | $233,312.19 | $332,419.15 | $99,106.96 | 42.48% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 281,976 | $33.29M | $33.24M | -$50,741.89 | -0.15% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,787 | $168,048.04 | $211,080.44 | $43,032.4 | 25.61% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 211,320 | $19.08M | $25.43M | $6.36M | 33.33% |
| RR rosemary richard WCG Wealth Advisors LLC | 14,150 | $982,644.76 | $1.7M | $720,449.24 | 73.32% |
American Century U.S. Quality Growth ETF (QGRO) FAQ
What is the stock price today?
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What is its stock symbol?
Does it pay dividends? What is the current yield?
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Has American Century U.S. Quality Growth ETF ever had a stock split?
American Century U.S. Quality Growth ETF Profile
| ARCA Exchange | US Country |
Overview
The provided company description outlines an investment fund that focuses on capitalizing on the growth and quality fundamentals of large- and mid-capitalization U.S. companies. This fund operates with a clear strategy under normal market conditions, dedicating at least 80% of its assets—exclusive of any collateral received from securities lending—to investments in the constituent securities of a specifically defined underlying index. This strategy highlights the fund's commitment to investing in a select group of companies that it identifies as having attractive growth and quality fundamentals, marking it as a potentially appealing option for investors looking for exposure to such characteristics in the U.S. equity market.
Products and Services
- Index-Linked Investment Fund
This product refers to the main offering described in the company overview. It is an investment fund that allocates at least 80% of its total assets, excluding the collateral from securities lending, to the securities that make up the underlying index. The underlying index is intentionally chosen to consist of large- and mid-cap U.S. companies that exhibit promising growth and quality fundamentals. This strategic approach aims to provide investors with a focused exposure to a segment of the equity market known for its potential to offer sustainable returns over time.
