HGRO - ETF AI Analysis
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Hedgeye Quality Growth ETF (HGRO)
Rating:58Neutral
Price Target:―
Positive Factors
Strong Recent Top Holdings Performance
Several of the largest positions, including major technology and industrial names, have shown strong gains this year, helping support the ETF’s overall results.
Growth-Oriented Sector Mix
Heavy exposure to technology and other growth-focused sectors gives the fund meaningful upside potential when growth stocks are in favor.
Broad Industry Diversification
Holdings spread across many sectors, from technology and financials to health care and energy, help reduce the impact if any single industry struggles.
Negative Factors
High Expense Ratio
The fund’s relatively high fee means more of the investment return goes to costs instead of staying in investors’ pockets.
Concentration in a Few Large Tech Names
A meaningful share of assets is tied up in a small group of big technology stocks, increasing the risk if those companies face setbacks.
Limited Geographic Diversification
With almost all assets invested in U.S. companies, the ETF offers little protection if the U.S. market underperforms other regions.
HGRO vs. SPDR S&P 500 ETF (SPY)
AUM99.98M
RegionNorth America
Expense Ratio0.70%
Beta0.80
IssuerHedgeye
Inception DateJun 10, 2025
Dividend Yield0.07%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume89,511
30 Day Avg. Volume77,206
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
33.96Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering52
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HGRO Summary
HGRO is an actively managed ETF that focuses on U.S. growth companies, mainly in technology and other fast-growing sectors, rather than tracking a fixed index. It aims to pick high-quality large and mid-sized businesses that can grow earnings over time. Well-known holdings include Nvidia and Apple, along with other major tech and financial names. Someone might invest in HGRO if they want long-term growth and broad exposure to leading U.S. growth stocks in one fund. However, it is heavily tilted toward growth and tech-related companies, so its price can rise and fall more sharply than the overall market.
How much will it cost me?The Hedgeye Quality Growth ETF (HGRO) has an expense ratio of 0.7%, meaning you’ll pay $7 per year for every $1,000 invested. This is higher than average because the fund is actively managed, using detailed analysis and macroeconomic insights to select stocks rather than following a passive index.
What would affect this ETF?HGRO's focus on U.S. growth stocks, particularly in technology and communication services, positions it to benefit from innovation and strong earnings growth in these sectors. However, its heavy reliance on tech giants like Nvidia, Apple, and Microsoft makes it vulnerable to regulatory changes, economic slowdowns, or rising interest rates that could negatively impact growth stocks. Additionally, broader market conditions in the U.S., such as inflation trends or shifts in consumer spending, could influence the ETF's performance.
HGRO Top 10 Holdings
HGRO leans heavily into high-quality U.S. growth, with Apple as a marquee holding that’s recently been losing a bit of steam and acting more like a brake than an engine. Health-care giants Johnson & Johnson and Merck are doing the heavy lifting, with steady-to-rising performance that helps smooth out tech’s bumps. Financial exchanges like CME and Cboe are also pulling their weight, benefiting from active markets. Linde adds an industrial-growth flavor, though its mixed signals show up in the fund’s more tempered upside. Overall, it’s a U.S.-centric, growth-tilted mix with notable tech and health-care influence.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.38% | $8.22M | $5.05T | 77.54% | 76 Outperform | |
| Alphabet Class A | 8.31% | $8.14M | $4.81T | 162.94% | 85 Outperform | |
| Apple | 7.80% | $7.65M | $4.22T | 46.50% | 79 Outperform | |
| Amazon | 5.71% | $5.60M | $2.96T | 45.72% | 71 Outperform | |
| Broadcom | 3.98% | $3.90M | $2.01T | 107.72% | 76 Outperform | |
| ― | 3.57% | $3.50M | ― | ― | ― | |
| Analog Devices | 2.81% | $2.76M | $202.91B | 107.96% | 78 Outperform | |
| JPMorgan Chase | 2.45% | $2.41M | $843.78B | 26.27% | 72 Outperform | |
| GE Vernova Inc. | 2.13% | $2.08M | $300.69B | 175.06% | 69 Neutral | |
| Cboe Global Markets | 2.11% | $2.06M | $36.21B | 47.72% | 75 Outperform |
HGRO Technical Analysis
Positive
―
Price Trends
28.76
Positive
28.87
Positive
28.12
Positive
Market Momentum
0.49
Negative
76.86
Negative
87.10
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HGRO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 29.39, equal to the 50-day MA of 28.76, and equal to the 200-day MA of 28.12, indicating a bullish trend. The MACD of 0.49 indicates Negative momentum. The RSI at 76.86 is Negative, neither overbought nor oversold. The STOCH value of 87.10 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HGRO.
HGRO Peer Comparison
Comparison Results
Performance Comparison
HGRO
Hedgeye Quality Growth ETF
30.90
5.82
23.21%
JGRW
Jensen Quality Growth ETF
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AOTG
AOT Growth and Innovation ETF
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GROZ
Zacks Focus Growth ETF
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SEMG
Suncoast Select Growth ETF
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RILA
Indexperts Gorilla Aggressive Growth 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.
DisclaimerThis 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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