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TGRT - ETF AI Analysis
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T. Rowe Price Growth ETF (TGRT)
Rating:75Outperform
Price Target:―
Positive Factors
Established Growth Managers
The ETF is run by T. Rowe Price, a well-known active growth manager, which may appeal to investors seeking professional stock selection rather than a simple index approach.
Focused Exposure to Leading Tech and Internet Firms
Large positions in well-known technology and communication services companies give investors targeted exposure to major growth names that often drive market advances.
Meaningful Fund Size
With over a billion dollars in assets, the ETF is large enough to offer better trading liquidity and stability than very small, thinly traded funds.
Negative Factors
Recent Weak Performance
The fund has shown negative returns over the past month, three months, and year to date, indicating recent performance has been weak.
Heavy Concentration in a Few Mega-Cap Stocks
A small group of large technology and internet companies makes up a big share of the portfolio, so the ETF is highly sensitive to how those specific stocks perform.
Higher Expense Ratio Than Many Index ETFs
The fund’s expense ratio is noticeably higher than that of many low-cost index ETFs, which can eat into long-term returns.
TGRT vs. SPDR S&P 500 ETF (SPY)
AUM1.01B
RegionNorth America
Expense Ratio0.38%
Beta1.22
IssuerT. Rowe Price
Inception DateJun 14, 2023
Dividend Yield0.08%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume98,098
30 Day Avg. Volume127,121
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
54.13Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering85
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 invests in large, fast-growing companies instead of tracking a set index. It leans heavily into technology and communication stocks, aiming for long-term growth. Well-known holdings include Nvidia, Microsoft, Apple, Amazon, and Alphabet (Google’s parent company). Someone might invest in TGRT to get diversified exposure to many leading growth companies in a single investment. However, because it is heavily tilted toward tech and other growth stocks, its price can rise and fall more sharply than the overall 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 leaning heavily into U.S. Big Tech and semiconductors, with Nvidia and Microsoft sitting in the driver’s seat but recently sputtering, which has taken some wind out of the fund’s sails. Apple and Meta are also losing steam, adding to the drag despite their long-term strength stories. On the brighter side, Alphabet and Amazon have been rising, helping to offset some of that tech fatigue. Outside of tech, Eli Lilly’s steady climb offers a helpful counterweight, but overall this is a U.S.-centric, growth-heavy bet on a handful of mega-cap innovators.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 13.41% | $135.16M | $4.57T | 41.20% | 76 Outperform | |
| Apple | 9.73% | $98.09M | $3.88T | 7.75% | 79 Outperform | |
| Microsoft | 9.15% | $92.18M | $2.97T | -2.69% | 79 Outperform | |
| Alphabet Class A | 7.59% | $76.50M | $3.67T | 75.32% | 85 Outperform | |
| Broadcom | 5.40% | $54.43M | $1.58T | 52.13% | 76 Outperform | |
| Amazon | 4.63% | $46.69M | $2.20T | -2.99% | 71 Outperform | |
| Meta Platforms | 3.99% | $40.18M | $1.63T | -4.08% | 76 Outperform | |
| Eli Lilly & Co | 2.77% | $27.88M | $962.75B | 15.55% | 72 Outperform | |
| Visa | 2.49% | $25.10M | $610.49B | -7.91% | 70 Outperform | |
| Mastercard | 2.44% | $24.64M | $470.86B | -5.58% | 75 Outperform |
TGRT Technical Analysis
Neutral
―
Price Trends
43.52
Negative
43.82
Negative
42.11
Negative
Market Momentum
-0.57
Positive
43.52
Neutral
45.87
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TGRT, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 42.56, equal to the 50-day MA of 43.52, and equal to the 200-day MA of 42.11, indicating a bearish trend. The MACD of -0.57 indicates Positive momentum. The RSI at 43.52 is Neutral, neither overbought nor oversold. The STOCH value of 45.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TGRT.
TGRT Peer Comparison
Comparison Results
Performance Comparison
TGRT
T. Rowe Price Growth ETF
42.01
4.08
10.76%
QQQI
NEOS Nasdaq 100 High Income ETF
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―
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PVAL
Putnam Focused Large Cap Value ETF
―
―
―
JGRO
JPMorgan Active Growth ETF
―
―
―
SPYI
NEOS S&P 500 High Income ETF
―
―
―
FELG
Fidelity Enhanced 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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