TGRT - ETF AI Analysis
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T. Rowe Price Growth ETF (TGRT)
Rating:75Outperform
Price Target:―
Positive Factors
Leading Growth Companies at the Top
The fund’s largest positions include several well-known growth leaders that have shown strong recent gains, which can help drive overall returns.
Focused but Still Multi-Sector Exposure
While technology is the main focus, the ETF also holds stocks in communication services, consumer, health care, financials, and industrials, which adds some diversification across different parts of the economy.
Solid Asset Base
The fund manages over a billion dollars in assets, suggesting it has attracted meaningful investor interest and may offer good trading liquidity.
Negative Factors
Heavy Concentration in a Few Tech Giants
A large share of the portfolio is tied up in a small number of big technology names, so the fund’s performance is very sensitive to how those specific stocks do.
Mixed Performance Among Top Holdings
Several major positions have shown weak or negative performance this year, which has weighed on the ETF’s overall year-to-date results despite some strong winners.
High U.S. and Tech Dependence
With almost all assets in U.S. stocks and more than half in the technology sector, the fund is exposed to downturns in the U.S. market and in tech in particular, and offers little geographic diversification.
TGRT vs. SPDR S&P 500 ETF (SPY)
AUM1.24B
RegionNorth America
Expense Ratio0.38%
Beta1.23
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. Volume96,218
30 Day Avg. Volume88,458
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
56.42Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering90
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TGRT Summary
The T. Rowe Price Growth ETF (TGRT) is a U.S.-focused fund that aims to invest in large, fast-growing companies rather than tracking a specific index. It leans heavily toward technology and communication services, holding big names like Apple and Nvidia, along with other well-known firms such as Microsoft and Amazon. Someone might consider TGRT if they want long-term growth potential from leading companies that are shaping the future of tech and the broader economy. A key risk is that it is heavily tilted toward tech-related stocks, so its price can rise and fall sharply with that part of the market.
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
TGRT is riding a powerful Big Tech and AI wave, with Nvidia, Apple, Alphabet, and Broadcom doing much of the heavy lifting as they continue to climb on enthusiasm around chips, cloud, and AI. Amazon has been more steady than spectacular, but still adds fuel to the growth story. On the flip side, Microsoft’s recent softness and a lagging Meta act like a light brake on performance. The fund is heavily tilted toward U.S. technology and communication services, making it a concentrated bet on America’s digital and AI leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 14.37% | $173.80M | $5.21T | 64.01% | 76 Outperform | |
| Apple | 10.00% | $121.02M | $4.54T | 58.15% | 79 Outperform | |
| Alphabet Class A | 8.73% | $105.67M | $4.62T | 127.32% | 85 Outperform | |
| Microsoft | 8.18% | $98.94M | $3.11T | -7.02% | 79 Outperform | |
| Broadcom | 6.52% | $78.88M | $1.96T | 75.74% | 76 Outperform | |
| Amazon | 5.13% | $62.08M | $2.86T | 29.27% | 71 Outperform | |
| Meta Platforms | 3.18% | $38.46M | $1.55T | -2.68% | 76 Outperform | |
| Eli Lilly & Co | 2.52% | $30.49M | $1.00T | 46.85% | 72 Outperform | |
| Visa | 2.18% | $26.33M | $619.65B | -8.47% | 70 Outperform | |
| Mastercard | 2.05% | $24.80M | $440.50B | -13.23% | 75 Outperform |
TGRT Technical Analysis
Positive
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Price Trends
43.11
Positive
42.91
Positive
43.24
Positive
Market Momentum
0.80
Positive
66.81
Neutral
63.94
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 45.58, equal to the 50-day MA of 43.11, and equal to the 200-day MA of 43.24, indicating a bullish trend. The MACD of 0.80 indicates Positive momentum. The RSI at 66.81 is Neutral, neither overbought nor oversold. The STOCH value of 63.94 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
46.45
8.66
22.92%
JGRO
JPMorgan Active Growth ETF
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SPYI
NEOS S&P 500 High Income ETF
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FELG
Fidelity Enhanced Large Cap Growth ETF
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TCHP
T. Rowe Price Blue Chip Growth ETF
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TGRW
T. Rowe Price Growth Stock 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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