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TGRT - ETF AI Analysis
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T. Rowe Price Growth ETF (TGRT)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, including Nvidia, Alphabet, and Broadcom, have delivered strong year-to-date performance, driving the ETF’s returns.
Sector Leadership in Technology
The ETF has significant exposure to the technology sector, which has been a strong-performing area of the market.
Reasonable Expense Ratio
The ETF charges a competitive expense ratio, making it cost-effective compared to actively managed funds.
Negative Factors
High Concentration in Technology
Over 55% of the portfolio is allocated to technology, increasing vulnerability to sector-specific downturns.
Limited Geographic Diversification
The ETF is heavily focused on U.S. companies, offering little exposure to international markets.
Underperforming Holdings
Some holdings, such as Apple and Amazon, have shown weaker year-to-date performance, which may weigh on future returns.
TGRT vs. SPDR S&P 500 ETF (SPY)
AUM919.13M
RegionNorth America
Expense Ratio0.38%
Beta1.22
IssuerT. Rowe Price
Inception DateJun 14, 2023
Dividend Yield0.07%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume62,698
30 Day Avg. Volume55,582
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
52.77Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering84
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TGRT Summary
The T. Rowe Price Growth ETF (TGRT) is a fund that focuses on large U.S. companies with strong growth potential, especially in sectors like technology and communication services. It includes well-known companies such as Nvidia and Microsoft, which are leaders in innovation and market expansion. This ETF is a good choice for investors looking to grow their wealth over time by investing in industry giants with promising futures. However, since it heavily invests in tech stocks, its performance can be affected by changes in the technology sector or broader market trends.
How much will it cost me?The T. Rowe Price Growth ETF (TGRT) has an expense ratio of 0.38%, which means you’ll pay $3.80 per year for every $1,000 invested. This is slightly higher than average because the fund is actively managed, meaning experts are selecting stocks rather than following a preset index. Active management often involves more research and decision-making, which can increase costs.
What would affect this ETF?The T. Rowe Price Growth ETF (TGRT), with its strong focus on U.S. large-cap growth stocks, could benefit from continued innovation and expansion in the technology sector, which makes up over half of its holdings. However, it may face challenges if interest rates rise, as higher borrowing costs can negatively impact growth-oriented companies, or if regulatory scrutiny increases in sectors like technology and communication services. Economic conditions, such as a slowdown in consumer spending, could also affect its consumer cyclical exposure.
TGRT Top 10 Holdings
The T. Rowe Price Growth ETF (TGRT) leans heavily into the technology sector, with over half of its portfolio in tech giants like Nvidia and Microsoft. Nvidia, a key player in AI and data centers, has shown steady long-term growth despite recent mixed performance. Microsoft, however, is lagging, with short-term declines overshadowing its strong fundamentals. Alphabet is a bright spot, rising on the back of AI and cloud investments, while Apple’s steady gains reflect its resilience and focus on services. Meta Platforms, though, is dragging the fund with bearish momentum and regulatory concerns. This ETF’s U.S.-centric, tech-heavy focus positions it for growth but also exposes it to sector-specific volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 12.37% | $113.74M | $4.38T | 30.39% | 76 Outperform | |
| Microsoft | 10.40% | $95.58M | $3.61T | 14.65% | 73 Outperform | |
| Apple | 10.13% | $93.09M | $4.10T | 18.14% | 80 Outperform | |
| Alphabet Class A | 8.00% | $73.50M | $3.86T | 89.06% | 80 Outperform | |
| Broadcom | 5.59% | $51.39M | $1.88T | 145.29% | 76 Outperform | |
| Amazon | 4.87% | $44.79M | $2.45T | 11.38% | 71 Outperform | |
| Meta Platforms | 3.83% | $35.24M | $1.60T | 11.32% | 71 Outperform | |
| Eli Lilly & Co | 2.81% | $25.82M | $1.04T | 40.11% | 71 Outperform | |
| Mastercard | 2.45% | $22.49M | $489.34B | 2.36% | 69 Neutral | |
| Visa | 2.27% | $20.87M | $638.91B | 6.07% | 75 Outperform |
TGRT Technical Analysis
Positive
―
Price Trends
44.03
Positive
42.88
Positive
39.75
Positive
Market Momentum
-0.17
Positive
53.24
Neutral
65.83
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TGRT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 44.17, equal to the 50-day MA of 44.03, and equal to the 200-day MA of 39.75, indicating a bullish trend. The MACD of -0.17 indicates Positive momentum. The RSI at 53.24 is Neutral, neither overbought nor oversold. The STOCH value of 65.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TGRT.
TGRT Peer Comparison
Comparison Results
Performance Comparison
TGRT
T. Rowe Price Growth ETF
44.31
6.03
15.75%
IWLG
IQ Winslow Large Cap Growth ETF
―
―
―
QDVO
Amplify CWP Growth & Income ETF
―
―
―
LRGE
ClearBridge Large Cap Growth ESG ETF
―
―
―
LRGG
Macquarie Focused Large Growth ETF
―
―
―
CAML
Congress Large Cap Growth ETF
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―
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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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