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ETFs

American Century U.S. Quality Growth ETF

QGRO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 10 2018
Expense Ratio
0.29%
Type
US Equities
Fund Owner
American Century Investments
Volume (1m avg. daily)
$2,237,840
AUM
$652,447,533
Associated Index
American Century U.S. Quality Growth Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Invest with QGRO

What is QGRO?

American Century U.S. Quality Growth ETF seeks to capture the performance of large- and mid-capitalization companies in the U.S. that possess attractive quality, growth and valuation fundamentals. Pursues more consistent exposure to U.S. Growth companies versus market-cap-weighted indexes by emphasizing stable growers as well as high-quality, high-growth companies.

ETFs related toQGRO

ETFs correlated to QGRO include IWP, VOT, NULG

QGRO
American Century ETF Trust - American Century U.S. Quality Growth ETF
IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
NULG
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Growth ETF
QQEW
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Equal Weighted Index Fund
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
ESGV
Vanguard Group, Inc. - Vanguard ESG U.S. Stock ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toQGRO

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with QGRO using Composer

FAQ

QGRO is a US Equities ETF. American Century U.S. Quality Growth ETF seeks to capture the performance of large- and mid-capitalization companies in the U.S. that possess attractive quality, growth and valuation fundamentals. Pursues more consistent exposure to U.S. Growth companies versus market-cap-weighted indexes by emphasizing stable growers as well as high-quality, high-growth companies.

QGRO tracks the American Century U.S. Quality Growth Index.

No, QGRO is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QGRO is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QGRO is -0.008%. This is the percent change in the value of QGRO over the most recent 1-month period. The 3-month return on QGRO is 0.0069%. This is the percent change in the value of QGRO over the most recent 3-month period.

The standard deviation of QGRO for the past year is 0.1988%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QGRO include VIG, VYM, and DFAS.

ETFs correlated to QGRO include IWP, VOT, and NULG.

ETFs that are inversely correlated to QGRO include SH, SPXS, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.