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AGRW

Allspring LT Large Growth ETF (AGRW)

Rating:76Outperform
Price Target:
$34.00
The Allspring LT Large Growth ETF (AGRW) has a strong overall rating, driven by its top holdings in companies like Nvidia and Microsoft. Nvidia contributes positively with its leadership in AI infrastructure and robust revenue growth, while Microsoft adds strength through its growth in cloud and AI services and strategic investments. However, weaker holdings like Eli Lilly, which faces risks from high valuation and cash flow management, slightly temper the fund’s rating. A key risk factor is the ETF’s concentration in technology-focused companies, which could make it vulnerable to sector-specific downturns.
Positive Factors
Strong Top Holdings
Several key holdings, such as Nvidia, Alphabet, and Broadcom, have delivered strong year-to-date performance, driving the ETF's returns.
Sector Leadership in Technology
With over half of its exposure in the technology sector, the ETF benefits from the strong growth trends in this high-performing industry.
Reasonable Expense Ratio
The ETF's expense ratio of 0.35% is relatively low, allowing investors to keep more of their returns.
Negative Factors
High Concentration in Technology
Over 53% of the portfolio is allocated to technology, making the ETF vulnerable to sector-specific downturns.
Limited Geographic Diversification
With nearly all of its exposure in U.S. companies, the ETF lacks diversification across global markets.
Mixed Performance Among Holdings
Some holdings, like Apple and Amazon, have shown weaker year-to-date performance compared to others in the portfolio.

AGRW vs. SPDR S&P 500 ETF (SPY)

AGRW Summary

The Allspring LT Large Growth ETF (AGRW) is an actively managed fund that focuses on large U.S. companies with strong growth potential. It includes well-known names like Nvidia and Microsoft, and its largest sector exposure is in technology, followed by communication services and healthcare. This ETF is designed for investors who want to target growth-oriented businesses and diversify their portfolios with leading companies in innovative industries. However, since it heavily invests in tech stocks, its performance can be significantly affected by changes in the technology sector or broader market trends.
How much will it cost me?The Allspring LT Large Growth ETF (AGRW) has an expense ratio of 0.35%, meaning you’ll pay $3.50 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed, which involves more research and decision-making compared to passively managed funds that track an index.
What would affect this ETF?The AGRW ETF, heavily focused on U.S. large-cap growth stocks in sectors like technology and communication services, could benefit from continued innovation and strong earnings growth in these industries, especially with top holdings like Nvidia and Microsoft driving advancements in AI and cloud computing. However, rising interest rates or economic slowdowns could negatively impact growth-oriented companies, as higher borrowing costs and reduced consumer spending may weigh on their performance. Regulatory changes in tech or healthcare sectors could also pose risks to the ETF's key holdings.

AGRW Top 10 Holdings

The Allspring LT Large Growth ETF (AGRW) leans heavily into technology, with Nvidia and Microsoft leading the charge thanks to their strong performance in AI and cloud innovation. Alphabet also adds momentum with its AI-driven growth, while Apple remains steady but less impactful. Amazon and Meta, however, are dragging the fund slightly, with mixed results and valuation concerns. With over half of its holdings in tech and a clear U.S. focus, AGRW is riding the wave of innovation but faces headwinds from a few lagging names in its portfolio.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Nvidia15.76%$20.91M$4.92T49.55%
85
Outperform
Microsoft8.96%$11.89M$3.85T26.18%
82
Outperform
Apple7.09%$9.40M$4.01T21.29%
80
Outperform
Alphabet Class C6.60%$8.76M$3.40T63.23%
80
Outperform
Amazon5.82%$7.72M$2.60T23.39%
76
Outperform
Broadcom5.28%$7.01M$1.75T118.82%
76
Outperform
Meta Platforms4.22%$5.60M$1.63T14.32%
71
Outperform
Visa2.44%$3.23M$656.47B17.20%
75
Outperform
Arista Networks1.88%$2.50M$198.20B60.02%
83
Outperform
Eli Lilly & Co1.70%$2.25M$815.73B5.36%
76
Outperform

AGRW Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
29.93
Positive
100DMA
29.18
Positive
200DMA
Market Momentum
MACD
0.36
Negative
RSI
62.32
Neutral
STOCH
75.69
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AGRW, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.39, equal to the 50-day MA of 29.93, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.36 indicates Negative momentum. The RSI at 62.32 is Neutral, neither overbought nor oversold. The STOCH value of 75.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AGRW.

AGRW Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$134.53M0.35%
76
Outperform
$911.19M0.38%
77
Outperform
$523.16M0.50%
76
Outperform
$461.48M0.48%
77
Outperform
$414.05M0.55%
72
Outperform
$390.16M0.45%
76
Outperform
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AGRW
Allspring LT Large Growth ETF
31.09
7.19
30.08%
TGRT
T. Rowe Price Growth ETF
IWLG
IQ Winslow Large Cap Growth ETF
LRGE
ClearBridge Large Cap Growth ESG ETF
QDVO
Amplify CWP Growth & Income ETF
LRGG
Macquarie Focused Large Growth ETF
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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