Summary: QGRO is a smart beta ETF focusing on all cap growth US companies.
From Nasdaq: 2024-09-02 06:20:07
American Century U.S. Quality Growth ETF (QGRO) debuted on 09/10/2018, offering exposure to the Style Box – All Cap Growth category. Smart beta ETFs seek to beat the market through non-cap weighted strategies. QGRO’s cost is 0.29% annually with a 0.31% dividend yield. It holds large and mid-cap US companies with growth and quality fundamentals.
QGRO has 37% sector allocation in Information Technology, with top holdings including NOW, BKNG, and GOOGL. With a return of 17.18% YTD and 27.20% in the last year, QGRO effectively diversifies risk with 183 holdings. Alternatives like ILCG and IUSG can be considered for similar investment objectives.
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Read more at Nasdaq: Is American Century U.S. Quality Growth ETF (QGRO) a Strong ETF Right Now?