ACGR (ACGR)

Overview

ALPS Active Growth Companies ETF (ACGR) is an actively managed ETF focusing on growth companies with strong potential. It aims to identify and invest in companies exhibiting significant growth characteristics across various sectors. The ETF seeks long-term capital appreciation through a diversified portfolio of growth-oriented stocks, selected using a combination of quantitative and qualitative analysis.

Reputation and Reliability

ALPS is a reputable ETF issuer with a history of providing innovative and actively managed investment solutions. They are known for their expertise in thematic and sector-specific ETFs.

Management Expertise

ALPS employs a team of experienced portfolio managers and analysts who specialize in identifying and analyzing growth companies. Their active management approach allows for flexibility in responding to changing market conditions.

Goal

ACGR's primary investment goal is to achieve long-term capital appreciation.

Investment Approach and Strategy

Strategy: ACGR is an actively managed ETF that does not track a specific index. It uses a combination of fundamental research and proprietary analysis to select growth stocks.

Composition ACGR primarily holds a diversified portfolio of growth stocks across various sectors. The specific holdings change as the managers rebalance the portfolio based on growth prospects.

Market Share: ACGR's market share is relatively small compared to broader market ETFs, but is growing within the active growth ETF space.

Total Net Assets (AUM): 80380000

Key Competitors

• ARKK
• IWO
• QQQ
• VUG

Competitive Landscape

The active growth ETF market is competitive, with both actively and passively managed funds. ACGR's active management offers the potential for outperformance, but it also carries higher fees. Competitors like ARKK have gained significant attention due to their disruptive innovation focus, while IWO represents growth stocks within the Russell 2000 index. QQQ focuses on the Nasdaq 100, and VUG offers exposure to growth stocks in general. ACGR's value proposition hinges on its ability to identify specific growth companies that outperform benchmarks.

Historical Performance: Historical performance data is essential for assessing ACGR's track record. This should include performance metrics over 1-year, 3-year, 5-year, and 10-year periods.

Benchmark Comparison: ACGR's performance should be compared to relevant benchmarks such as the Russell 1000 Growth Index or the S&P 500 Growth Index.

Expense Ratio: 0.75

Average Trading Volume

ACGR's average trading volume is moderate, which may affect the ease of entering and exiting positions.

Bid-Ask Spread

The bid-ask spread represents the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept, which can vary.

Market Environment Factors

Economic growth, interest rates, and investor sentiment towards growth stocks significantly impact ACGR's performance. Sector-specific trends and technological advancements within the companies it holds are also crucial.

Growth Trajectory

ACGR's growth depends on its ability to identify and invest in companies that experience high growth rates. Changes in the fund's strategy and holdings are driven by the managers' assessment of growth opportunities.

Competitive Edge

ACGR's competitive advantage lies in its active management, allowing the fund managers to adapt to changing market conditions and capitalize on emerging growth opportunities. The fund's focus on identifying companies with strong growth potential through a blend of quantitative and qualitative analysis sets it apart. The active approach allows for a more selective investment strategy compared to passive growth ETFs. This can result in higher returns if the manager's stock picking skills are effective.

Volatility

ACGR's volatility is expected to be higher than broad market ETFs due to its focus on growth stocks, which tend to be more sensitive to market fluctuations.

Market Risk

Market risk is significant due to the fund's exposure to equities. Specific risks include sector concentration, individual stock risk, and the risk that the fund manager's investment decisions may not achieve the desired results.

Ideal Investor Profile

The ideal investor for ACGR is someone who is seeking long-term capital appreciation and is comfortable with a higher level of risk. These investors should also believe in the value of active management.

Market Risk

ACGR is best suited for long-term investors who have a high-risk tolerance and are looking for potential growth opportunities. It's less suitable for risk-averse investors or those seeking stable income.

ACGR is an actively managed ETF focused on growth companies, offering potential for long-term capital appreciation but with higher risk and volatility. Its success relies on the fund manager's ability to identify and select high-growth stocks. Investors should consider its active management fees and historical performance when evaluating its suitability. The fund competes with both active and passive growth ETFs, aiming to outperform through its stock-picking approach. Understanding the underlying risks and potential rewards is crucial for investors.

Data Sources:

• ALPS official website
• ETF.com
• Morningstar

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results.