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T. Rowe Price Growth Stock ETF

TGRW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 05 2020
Expense Ratio
0.52%
Type
US Equities
Fund Owner
T. Rowe Price
Volume (1m avg. daily)
$106,153
AUM
$50,872,800
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

MSFT
Microsoft Corporation
13.44%
AAPL
Apple Inc
10.01%
AMZN
Amazon.com Inc.
7.01%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
6.10%
NVDA
NVIDIA Corp
5.88%
META
Meta Platforms Inc - Ordinary Shares - Class A
3.78%
UNH
Unitedhealth Group Inc
3.01%
V
Visa Inc - Ordinary Shares - Class A
2.97%
LLY
Lilly(Eli) & Co
2.87%
MA
Mastercard Incorporated - Ordinary Shares - Class A
2.39%
Invest with TGRW

What is TGRW?

The fund will normally invest at least 80% of its assets in the common stocks of a diversified group of growth companies (or futures that have similar economic characteristics). While it may invest in companies of any market capitalization, the fund generally seeks investments in stocks of large-capitalization companies with one or more of the following characteristics: strong cash flow and an above-average rate of earnings growth; the ability to sustain earnings momentum during economic downturns; and occupation of a lucrative niche in the economy and the ability to expand even during times of slow economic growth. As growth investors, we believe that when a company increases its earnings faster than both inflation and the overall growth rate of the economy, the market will eventually reward it with a higher stock price. The fund is an actively-managed, exchange-traded fund (ETF).

ETFs related toTGRW

ETFs correlated to TGRW include TCHP, SCHG, VUG

TGRW
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Growth Stock ETF
TCHP
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Blue Chip Growth ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF
IWY
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF
TMFC
Rbb Fund Inc - Motley Fool 100 Index ETF
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares

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 toTGRW

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with TGRW using Composer

FAQ

TGRW is a US Equities ETF. The fund will normally invest at least 80% of its assets in the common stocks of a diversified group of growth companies (or futures that have similar economic characteristics). While it may invest in companies of any market capitalization, the fund generally seeks investments in stocks of large-capitalization companies with one or more of the following characteristics: strong cash flow and an above-average rate of earnings growth; the ability to sustain earnings momentum during economic downturns; and occupation of a lucrative niche in the economy and the ability to expand even during times of slow economic growth. As growth investors, we believe that when a company increases its earnings faster than both inflation and the overall growth rate of the economy, the market will eventually reward it with a higher stock price. The fund is an actively-managed, exchange-traded fund (ETF).

Yes, TGRW is actively 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.

No, TGRW is not passively managed. It is actively 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 TGRW is -0.0082%. This is the percent change in the value of TGRW over the most recent 1-month period. The 3-month return on TGRW is 0.0199%. This is the percent change in the value of TGRW over the most recent 3-month period.

The standard deviation of TGRW for the past year is 0.2271%. 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 TGRW include SPHQ, DSI, and QUAL.

ETFs correlated to TGRW include TCHP, SCHG, and VUG.

ETFs that are inversely correlated to TGRW include QID, SQQQ, and PSQ.

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.