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HGRO - ETF AI Analysis
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Hedgeye Quality Growth ETF (HGRO)
Rating:75Outperform
Price Target:―
Positive Factors
Broad Sector Diversification
The ETF spreads its investments across many sectors like technology, financials, consumer, health care, and industrials, which helps reduce the impact if any one industry struggles.
Exposure to Leading Growth Companies
Top holdings include well-known large companies in technology, online retail, and health care, which can provide solid growth potential over time.
Recent Short-Term Momentum
The fund has shown positive performance over the last three months and the past month, suggesting improving recent momentum.
Negative Factors
High Expense Ratio
The ETF charges relatively high annual fees, which can eat into long-term returns compared with lower-cost funds.
Heavy U.S. Concentration
With almost all assets invested in U.S. companies, the fund offers little geographic diversification and is highly tied to the U.S. market.
Mixed Performance Among Top Holdings
Several of the largest positions, including major technology and financial stocks, have shown weak year-to-date performance, which can drag on the fund’s overall results.
HGRO vs. SPDR S&P 500 ETF (SPY)
AUM81.92M
RegionNorth America
Expense Ratio0.70%
Beta1.00
IssuerHedgeye
Inception DateJun 10, 2025
Dividend Yield0.08%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume64,987
30 Day Avg. Volume68,240
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
31.97Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering55
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HGRO Summary
The Hedgeye Quality Growth ETF (HGRO) is an actively managed fund that focuses on U.S. large- and mid-sized growth companies, rather than tracking a set index. It invests across many sectors, with a big tilt toward technology and other fast-growing areas. Well-known holdings include Nvidia and Apple, along with other major U.S. names. Someone might consider HGRO if they want a simple way to invest in a basket of high-growth, high-quality companies for long-term growth. A key risk is that growth stocks can be very volatile, so the ETF’s value can rise and fall sharply with the 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 is leaning heavily into U.S. Big Tech, with Alphabet and Amazon doing much of the heavy lifting as their shares keep climbing on the back of AI and cloud momentum. Nvidia’s story is more mixed, with long-term AI excitement but choppier recent trading, while Apple and Microsoft are losing a bit of steam and acting as a brake on returns. Financial heavyweights like Goldman Sachs and Morgan Stanley are quietly rising in the background, giving the fund a secondary boost from Wall Street alongside its tech-first growth tilt.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.63% | $6.87M | $4.57T | 41.20% | 76 Outperform | |
| Apple | 7.43% | $5.91M | $3.88T | 7.75% | 79 Outperform | |
| ― | 7.01% | $5.58M | ― | ― | ― | |
| Alphabet Class A | 6.50% | $5.18M | $3.67T | 75.32% | 85 Outperform | |
| Eli Lilly & Co | 2.60% | $2.07M | $962.75B | 15.55% | 72 Outperform | |
| Parker Hannifin | 2.51% | $2.00M | $125.90B | 53.26% | 79 Outperform | |
| Analog Devices | 2.50% | $1.99M | $169.25B | 48.60% | 78 Outperform | |
| Johnson & Johnson | 2.29% | $1.82M | $590.40B | 49.41% | 78 Outperform | |
| Goldman Sachs Group | 2.29% | $1.82M | $280.05B | 47.42% | 73 Outperform | |
| Citizens Financial | 2.04% | $1.63M | $27.64B | 45.48% | 75 Outperform |
HGRO Technical Analysis
Positive
―
Price Trends
28.93
Positive
28.41
Positive
Market Momentum
0.10
Positive
57.74
Neutral
67.63
Neutral
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 29.24, equal to the 50-day MA of 28.93, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.10 indicates Positive momentum. The RSI at 57.74 is Neutral, neither overbought nor oversold. The STOCH value of 67.63 is Neutral, 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
29.54
4.46
17.78%
AOTG
AOT Growth and Innovation ETF
―
―
―
GROZ
Zacks Focus Growth ETF
―
―
―
SEMG
Suncoast Select Growth ETF
―
―
―
RILA
Indexperts Gorilla Aggressive Growth ETF
―
―
―
VUSG
Vanguard Wellington U.S. Growth Active 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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