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HGRO - ETF AI Analysis
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Hedgeye Quality Growth ETF (HGRO)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, including Nvidia, Alphabet, and Broadcom, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Sector Diversification
The ETF is spread across multiple sectors, with significant exposure to technology, communication services, and financials, reducing reliance on any single industry.
Healthy Year-to-Date Performance
The fund has achieved solid year-to-date growth, indicating strong momentum in its portfolio.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, with minimal exposure to international markets, limiting global diversification.
Expense Ratio Above Average
The fund's expense ratio of 0.7% is higher than many similar ETFs, which could eat into long-term returns.
Recent Short-Term Weakness
The ETF experienced a slight decline in one-month performance, suggesting potential short-term volatility.
HGRO vs. SPDR S&P 500 ETF (SPY)
AUM69.13M
RegionNorth America
Expense Ratio0.70%
Beta0.98
IssuerHedgeye
Inception DateJun 10, 2025
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume78,204
30 Day Avg. Volume69,502
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
31.68Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering52
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-cap growth companies. It includes well-known names like Nvidia and Apple, aiming to invest in businesses with strong potential for earnings growth. HGRO is designed for investors looking to diversify their portfolio or benefit from the growth of high-quality companies across sectors like technology, healthcare, and financials. However, because it heavily invests in growth stocks, its performance can be sensitive to market conditions, especially during economic downturns when growth stocks may lose value.
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 the technology sector, with Apple, Alphabet, and Nvidia leading the charge. Alphabet has been a standout performer, riding strong AI and cloud growth, while Nvidia’s momentum has cooled recently despite its AI dominance. Microsoft shows mixed signals, with cloud and AI growth offset by valuation concerns. Amazon, though steady, faces short-term headwinds. Financials like JPMorgan and Wells Fargo add diversification, with steady gains but less excitement. Overall, the fund’s tech-heavy tilt makes it a bet on innovation, but recent mixed performance highlights the risks of sector concentration.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 8.94% | $6.21M | $4.02T | 5.48% | 79 Outperform | |
| Alphabet Class A | 7.81% | $5.43M | $3.80T | 60.29% | 85 Outperform | |
| Nvidia | 7.60% | $5.28M | $4.60T | 34.94% | 76 Outperform | |
| Amazon | 6.26% | $4.35M | $2.48T | 1.35% | 71 Outperform | |
| Microsoft | 5.53% | $3.84M | $3.62T | 10.82% | 79 Outperform | |
| JPMorgan Chase | 3.02% | $2.10M | $887.27B | 34.51% | 72 Outperform | |
| Eli Lilly & Co | 2.79% | $1.94M | $1.01T | 34.68% | 72 Outperform | |
| Wells Fargo | 2.28% | $1.58M | $296.55B | 31.96% | 80 Outperform | |
| Parker Hannifin | 2.25% | $1.57M | $111.95B | 35.94% | 79 Outperform | |
| Morgan Stanley | 2.13% | $1.48M | $285.28B | 41.27% | 76 Outperform |
HGRO Technical Analysis
Positive
―
Price Trends
28.10
Positive
27.55
Positive
Market Momentum
0.09
Positive
58.08
Neutral
72.16
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 28.45, equal to the 50-day MA of 28.10, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.09 indicates Positive momentum. The RSI at 58.08 is Neutral, neither overbought nor oversold. The STOCH value of 72.16 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
28.69
3.59
14.30%
AOTG
AOT Growth and Innovation ETF
―
―
―
GROZ
Zacks Focus Growth ETF
―
―
―
SEMG
Suncoast Select Growth ETF
―
―
―
RILA
Indexperts Gorilla Aggressive Growth ETF
―
―
―
RSMV
Relative Strength Managed Volatility Strategy ETF 1Shs
―
―
―
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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