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CGRO - ETF AI Analysis
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CoreValues Alpha Greater China Growth ETF (CGRO)
Rating:54Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Alibaba and UBTECH Robotics, have delivered strong year-to-date performance, boosting the ETF's returns.
Focused Growth Sectors
The ETF is heavily weighted in high-growth sectors like Consumer Cyclical and Technology, which can drive long-term gains.
Geographic Diversification
The fund balances exposure between Hong Kong and the U.S., offering access to two major markets.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio, which could eat into investor returns over time.
Underperforming Holdings
Some holdings, such as Meituan and Trip.com Group, have lagged in performance, potentially dragging down overall returns.
Sector Concentration Risk
The ETF is heavily concentrated in Consumer Cyclical, which may expose investors to risks if the sector faces a downturn.
CGRO vs. SPDR S&P 500 ETF (SPY)
AUM2.07M
RegionAsia-Pacific
Expense Ratio0.75%
Beta0.81
IssuerCoreValues Alpha
Inception DateOct 16, 2023
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,353
30 Day Avg. Volume6,133
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
33.62Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering23
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CGRO Summary
The CoreValues Alpha Greater China Growth ETF (CGRO) is an investment fund focused on companies in Greater China, including Hong Kong and the USA. It includes a mix of industries like consumer goods, technology, and communication services, with top holdings such as Alibaba and Tencent. This ETF is designed for investors looking to benefit from the region’s economic growth and technological advancements, offering a way to diversify into one of the world’s fastest-growing markets. However, new investors should be aware that the fund’s performance is closely tied to the economic and market conditions in Greater China, which can be volatile.
How much will it cost me?The CoreValues Alpha Greater China Growth ETF (CGRO) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on selecting high-growth companies in Greater China rather than tracking a broad index.
What would affect this ETF?The CGRO ETF, focused on Greater China, could benefit from the region's economic growth, technological advancements, and increasing consumer spending, especially in sectors like Consumer Cyclical and Technology. However, it may face challenges from geopolitical tensions, regulatory changes in China, or global economic slowdowns that could impact its top holdings like Alibaba and Tencent. Investors should also consider how shifts in interest rates or trade policies might influence the ETF's performance.
CGRO Top 10 Holdings
The CoreValues Alpha Greater China Growth ETF (CGRO) leans heavily into consumer cyclical and communication services sectors, with names like Alibaba and Tencent leading the charge. However, both have been lagging recently, weighed down by valuation concerns and bearish momentum. Xiaomi and Luckin Coffee add some spice to the mix, but their performance has been mixed, with Xiaomi struggling to maintain momentum. On the brighter side, Horizon Robotics and Tesla are rising stars, benefiting from strong financials and growth potential. Overall, CGRO’s focus on Greater China’s dynamic market offers promise but comes with sector-specific volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Tencent Holdings | 9.51% | $197.22K | HK$5.64T | 68.06% | 75 Outperform | |
| Alibaba | 9.31% | $192.98K | $357.54B | 91.82% | 68 Neutral | |
| Trip.com Group Sponsored ADR | 6.24% | $129.47K | $50.75B | 21.65% | 71 Outperform | |
| Xiaomi | 5.89% | $122.02K | HK$993.76B | 14.55% | 71 Outperform | |
| Horizon Robotics Class B | 5.06% | $104.99K | HK$137.14B | 167.51% | 46 Neutral | |
| UBTECH ROBOTICS CORP LTD Class H | 5.00% | $103.69K | HK$64.69B | 174.59% | 41 Neutral | |
| Meituan | 4.88% | $101.17K | HK$638.67B | -26.58% | 74 Outperform | |
| Luckin Coffee | 4.86% | $100.83K | $9.55B | 33.73% | 81 Outperform | |
| J&T Global Express Limited | 4.11% | $85.30K | HK$103.96B | 81.75% | 61 Neutral | |
| Tesla | 3.79% | $78.52K | $1.43T | 10.40% | 73 Outperform |
CGRO Technical Analysis
Positive
―
Price Trends
27.66
Positive
28.61
Negative
27.06
Positive
Market Momentum
0.08
Negative
57.05
Neutral
71.90
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CGRO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.30, equal to the 50-day MA of 27.66, and equal to the 200-day MA of 27.06, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 57.05 is Neutral, neither overbought nor oversold. The STOCH value of 71.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CGRO.
CGRO Peer Comparison
Comparison Results
Performance Comparison
CGRO
CoreValues Alpha Greater China Growth ETF
27.96
6.78
32.01%
JPY
Lazard Japanese Equity ETF
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―
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NBJP
Neuberger Berman Japan Equity ETF
―
―
―
NDIA
Global X India Active ETF
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―
―
JAPN
Horizon Kinetics Japan Owner Operator ETF
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―
―
RAYJ
Rayliant SMDAM Japan Equity ETF
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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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