HQGO - ETF AI Analysis
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Hartford US Quality Growth ETF (HQGO)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown positive returns so far this year and over the past month, indicating solid recent momentum.
Leading Growth Companies in Top Holdings
Several of the largest positions, such as Nvidia, Amazon, Alphabet, and Broadcom, have delivered strong gains, helping drive the fund’s results.
Broad Sector Diversification
Holdings spread across technology, consumer, communication services, health care, financials, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
Heavy Tilt Toward Technology
A large share of the portfolio is in technology stocks, which can make the fund more sensitive to swings in that sector.
Concentration in a Few Mega-Cap Stocks
The top positions in big names like Nvidia, Amazon, Alphabet, Apple, and Microsoft make up a significant portion of the fund, increasing its exposure to the fortunes of a small group of companies.
Mixed Performance Among Top Holdings
Some major holdings, including Apple, Microsoft, Tesla, Visa, and JPMorgan, have shown weaker or negative performance this year, which can weigh on overall returns.
HQGO vs. SPDR S&P 500 ETF (SPY)
AUM49.34M
RegionNorth America
Expense Ratio0.34%
Beta1.07
IssuerHartford
Inception DateDec 05, 2023
Dividend Yield0.46%
Asset ClassEquity
Index TrackedHartford US Quality Growth Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,346
30 Day Avg. Volume813
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
78.51Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering162
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HQGO Summary
Hartford US Quality Growth ETF (HQGO) is a fund that follows the Hartford US Quality Growth Index, focusing on large, high-quality U.S. companies with strong earnings and solid business models. It is heavily invested in technology and other major sectors, and holds well-known names like Nvidia, Amazon, Apple, and Microsoft. Someone might invest in HQGO to seek long-term growth while spreading money across many leading companies instead of picking individual stocks. A key risk is that it is heavily tilted toward U.S. tech and growth stocks, so its price can rise and fall sharply with that part of the market.
How much will it cost me?The Hartford US Quality Growth ETF (HQGO) has an expense ratio of 0.34%, meaning you’ll pay $3.40 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed, focusing on selecting high-quality, large-cap U.S. companies to achieve growth and stability.
What would affect this ETF?The Hartford US Quality Growth ETF (HQGO) could benefit from continued innovation and growth in the technology sector, which makes up a significant portion of its holdings, as well as strong consumer spending that supports companies like Amazon and Tesla. However, rising interest rates or economic slowdowns could negatively impact large-cap growth stocks, particularly in sectors like technology and consumer cyclical, which are sensitive to changes in borrowing costs and consumer demand. Regulatory changes affecting major companies like Alphabet, Apple, or Microsoft could also pose risks to the ETF's performance.
HQGO Top 10 Holdings
HQGO is leaning heavily into U.S. Big Tech and chip names, with Nvidia, Apple, Alphabet, Amazon, Microsoft, and Broadcom steering the ship. Recently, Seagate has been the surprise engine, racing ahead and giving the fund an extra boost, while Microsoft and Meta look more like they’re catching their breath after a strong run. Amazon and Tesla have been a bit choppy, adding some wobble to returns. Overall, this is a U.S.-only, tech-centric portfolio where a handful of mega-cap innovators do most of the heavy lifting.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 5.21% | $2.57M | $4.53T | 47.93% | 79 Outperform | |
| Nvidia | 5.17% | $2.55M | $4.71T | 22.22% | 76 Outperform | |
| Alphabet Class A | 5.16% | $2.55M | $4.34T | 110.50% | 85 Outperform | |
| Amazon | 4.69% | $2.31M | $2.61T | 12.14% | 71 Outperform | |
| Microsoft | 3.82% | $1.89M | $2.90T | -22.12% | 79 Outperform | |
| Broadcom | 3.45% | $1.70M | $1.71T | 36.42% | 76 Outperform | |
| Meta Platforms | 2.82% | $1.39M | $1.48T | -14.58% | 76 Outperform | |
| Tesla | 2.39% | $1.18M | $1.48T | 40.95% | 73 Outperform | |
| Eli Lilly & Co | 2.05% | $1.01M | $1.14T | 58.88% | 72 Outperform | |
| JPMorgan Chase | 2.04% | $1.01M | $896.22B | 19.96% | 72 Outperform |
HQGO Technical Analysis
Positive
―
Price Trends
64.29
Positive
61.49
Positive
60.61
Positive
Market Momentum
0.33
Negative
57.48
Neutral
91.30
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HQGO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 64.61, equal to the 50-day MA of 64.29, and equal to the 200-day MA of 60.61, indicating a bullish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 57.48 is Neutral, neither overbought nor oversold. The STOCH value of 91.30 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HQGO.
HQGO Peer Comparison
Comparison Results
Performance Comparison
HQGO
Hartford US Quality Growth ETF
65.57
10.99
20.14%
ACEP
ARS Core Equity Portfolio ETF
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FCUS
Pinnacle Focused Opportunities ETF
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JOYT
JPMorgan Equity and Options Total Return ETF
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―
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EGGQ
NestYield Visionary ETF
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―
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JHDG
John Hancock Hedged Equity 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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