HGRO - ETF AI Analysis
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Hedgeye Quality Growth ETF (HGRO)
Rating:62Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Results
The ETF has delivered solid gains so far this year, showing that its strategy has recently been working well for investors.
Leading Technology and Growth Names
Top holdings like Apple, Nvidia, Alphabet, Amazon, Eli Lilly, Broadcom, AMD, and JPMorgan have generally shown strong or steady performance, helping support the fund’s overall returns.
Broad Sector Diversification
The fund spreads its investments across many sectors, including technology, financials, health care, consumer stocks, and others, which helps reduce the impact if any one industry struggles.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of your returns are used to cover fees each year.
Heavy U.S. Market Focus
With most of its assets in U.S. companies, the ETF offers limited geographic diversification and is heavily tied to the performance of the U.S. market.
Concentration in Technology and a Few Large Positions
A large share of the portfolio is in technology stocks and a handful of big names, which can increase risk if these companies or the tech sector run into trouble.
HGRO vs. SPDR S&P 500 ETF (SPY)
AUM117.87M
RegionNorth America
Expense Ratio0.70%
Beta0.81
IssuerHedgeye
Inception DateJun 10, 2025
Dividend Yield0.07%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume32,446
30 Day Avg. Volume38,212
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
35.04Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering49
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HGRO Summary
The Hedgeye Quality Growth ETF (HGRO) is an actively managed fund that focuses on U.S. growth companies, mainly in technology, finance, and health care, rather than tracking a fixed index. It aims to pick high-quality large and mid-sized businesses that can grow earnings over time. Well-known holdings include Apple, Microsoft, Nvidia, and Amazon. Someone might invest in HGRO to seek long-term growth and get diversified exposure to many leading U.S. companies in one investment. However, because it leans heavily toward growth and tech-related stocks, its price can rise and fall sharply with changes in the stock market and investor sentiment.
How much will it cost me?The Hedgeye Quality Growth ETF (HGRO) has an expense ratio of 0.7%, meaning you’ll pay $7 per year for every $1,000 invested. This is higher than average because the fund is actively managed, using detailed analysis and macroeconomic insights to select stocks rather than following a passive index.
What would affect this ETF?HGRO's focus on U.S. growth stocks, particularly in technology and communication services, positions it to benefit from innovation and strong earnings growth in these sectors. However, its heavy reliance on tech giants like Nvidia, Apple, and Microsoft makes it vulnerable to regulatory changes, economic slowdowns, or rising interest rates that could negatively impact growth stocks. Additionally, broader market conditions in the U.S., such as inflation trends or shifts in consumer spending, could influence the ETF's performance.
HGRO Top 10 Holdings
HGRO is leaning heavily on U.S. mega-cap tech, with Apple, Microsoft, and Nvidia forming the core engine of returns; Apple and Microsoft are steadily rising, while Nvidia’s gains have cooled a bit as its earlier surge loses some punch. Meta has been a bright spot lately, giving the tech sleeve an extra boost, even as Amazon has been more of a mixed bag and occasionally drags on the fund. Outside tech, Visa and JPMorgan add a steady financial backbone, but overall this ETF is very much a U.S.-centric, growth-first story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 8.13% | $9.59M | $4.98T | 37.74% | 79 Outperform | |
| Microsoft | 7.81% | $9.20M | $4.02T | 5.82% | 79 Outperform | |
| Nvidia | 7.47% | $8.80M | $5.45T | 26.93% | 76 Outperform | |
| Alphabet Class A | 5.35% | $6.30M | $4.29T | 44.14% | 85 Outperform | |
| Amazon | 5.13% | $6.05M | $2.80T | 19.50% | 71 Outperform | |
| ― | 4.90% | $5.78M | ― | ― | ― | |
| Meta Platforms | 3.84% | $4.53M | $1.89T | 7.60% | 76 Outperform | |
| Visa | 3.14% | $3.70M | $726.79B | 13.69% | 70 Outperform | |
| Exxon Mobil | 2.95% | $3.48M | $707.87B | 55.03% | 74 Outperform | |
| Eli Lilly & Co | 2.90% | $3.42M | $1.11T | 43.60% | 72 Outperform |
HGRO Technical Analysis
Positive
―
Price Trends
30.40
Positive
30.64
Positive
29.88
Positive
Market Momentum
0.10
Negative
58.99
Neutral
76.20
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HGRO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.34, equal to the 50-day MA of 30.40, and equal to the 200-day MA of 29.88, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 58.99 is Neutral, neither overbought nor oversold. The STOCH value of 76.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HGRO.
HGRO Peer Comparison
Comparison Results
Performance Comparison
HGRO
Hedgeye Quality Growth ETF
30.70
3.47
12.74%
LSGR
Natixis Loomis Sayles Focused Growth ETF
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RJCA
RJ ClariVest Capital Appreciation ETF
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GQGU
GQG US Equity ETF
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―
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BASG
Brown Advisory Sustainable Growth ETF
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FDG
American Century Focused Dynamic 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.
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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