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LRGG - AI Analysis
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Macquarie Focused Large Growth ETF (LRGG)
Rating:76Outperform
Price Target:
$33.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Nvidia, Microsoft, and Alphabet, have delivered strong year-to-date performance, driving the ETF's returns.
Sector Focus on Technology
With nearly half of the portfolio in technology, the ETF benefits from exposure to a sector that has shown robust growth this year.
Moderate Expense Ratio
The ETF's expense ratio is reasonable compared to actively managed funds, allowing investors to keep more of their returns.
Negative Factors
High Concentration in Top Holdings
The top three holdings—Microsoft, Nvidia, and Apple—make up a significant portion of the portfolio, increasing risk if these stocks falter.
Weak Performance in Some Holdings
Certain holdings, such as Danaher and Verisk Analytics, have underperformed year-to-date, dragging on overall fund performance.
Limited Geographic Diversification
The ETF is heavily concentrated in U.S. companies, offering little exposure to international markets and global diversification.
LRGG vs. SPDR S&P 500 ETF (SPY)
AUM402.02M
RegionNorth America
Expense Ratio0.45%
Beta0.93
IssuerMacquarie
Inception DateMay 14, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume85,728
30 Day Avg. Volume51,786
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
35.67Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering24
LRGG Summary
The Macquarie Focused Large Growth ETF (Ticker: LRGG) is designed for investors who want exposure to large, fast-growing companies in the U.S. It focuses on industries like technology, healthcare, and finance, with nearly half of its portfolio in tech stocks. Some of its top holdings include well-known companies like Microsoft and Nvidia, which are leaders in innovation and growth. This ETF could be a good choice for someone looking to invest in established companies with strong growth potential. However, since it is heavily focused on growth stocks, its value can fluctuate significantly with changes in the market or economic conditions.
How much will it cost me?The Macquarie Focused Large Growth ETF (LRGG) has an expense ratio of 0.45%, meaning you’ll pay $4.50 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, focusing on a curated selection of high-growth companies rather than tracking a broad index.
What would affect this ETF?The Macquarie Focused Large Growth ETF (LRGG) could benefit from continued innovation and strong performance in the technology sector, which makes up nearly half of its portfolio and includes major players like Microsoft, Nvidia, and Apple. However, rising interest rates or economic slowdowns could negatively impact growth-focused companies, especially in sectors like technology and consumer cyclical, which rely heavily on future earnings potential. Additionally, regulatory changes in the U.S., where the ETF is geographically concentrated, could pose risks to its top holdings.
LRGG Top 10 Holdings
The Macquarie Focused Large Growth ETF leans heavily into technology, with nearly half of its portfolio tied to the sector. Nvidia and Microsoft are powering the fund’s performance, riding high on strong demand for AI and cloud services. Alphabet is also contributing with its impressive revenue growth and innovation in AI. However, Amazon has been a drag, struggling with mixed results and challenges in its AWS margins. Meanwhile, Visa and Intuit have shown steady but cautious momentum. Overall, the fund’s U.S.-centric, tech-heavy focus makes it a bet on innovation and growth, albeit with some bumps along the way.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Microsoft | 16.19% | $64.33M | $4.03T | 25.20% | 83 Outperform | |
| Nvidia | 16.08% | $63.90M | $5.03T | 48.59% | 85 Outperform | |
| Apple | 7.95% | $31.57M | $4.00T | 17.21% | 78 Outperform | |
| Amazon | 6.59% | $26.17M | $2.46T | 19.49% | 77 Outperform | |
| Alphabet Class C | 4.74% | $18.83M | $3.32T | 56.22% | 83 Outperform | |
| Visa | 4.58% | $18.18M | $657.51B | 17.62% | 75 Outperform | |
| Intuit | 4.35% | $17.30M | $182.91B | 5.62% | 74 Outperform | |
| Danaher | 4.17% | $16.56M | $151.17B | -11.68% | 75 Outperform | |
| Intercontinental Exchange | 3.96% | $15.74M | $86.22B | -9.55% | 71 Outperform | |
| UnitedHealth | 3.34% | $13.26M | $321.81B | -36.89% | 76 Outperform |
LRGG Technical Analysis
Positive
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Price Trends
29.75
Positive
29.38
Positive
28.12
Positive
Market Momentum
0.13
Negative
57.89
Neutral
88.14
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For LRGG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 29.79, equal to the 50-day MA of 29.75, and equal to the 200-day MA of 28.12, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 57.89 is Neutral, neither overbought nor oversold. The STOCH value of 88.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LRGG.
LRGG Peer Comparison
Comparison Results
Performance Comparison
LRGG
Macquarie Focused Large Growth ETF
30.27
3.55
13.29%
TGRT
T. Rowe Price Growth ETF
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IWLG
IQ Winslow Large Cap Growth ETF
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LRGE
ClearBridge Large Cap Growth ESG ETF
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QDVO
Amplify CWP Growth & Income ETF
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CAML
Congress Large Cap 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.
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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