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Capital Group Growth ETF (CGGR)CGGR
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Upturn Advisory Summary
11/29/2024: CGGR (5-star) is a STRONG-BUY. BUY since 67 days. Profits (12.26%). Updated daily EoD!
Analysis of Past Performance
Type: ETF | Upturn Star Rating | Today’s Advisory: Strong Buy |
Historic Profit: 36.22% | Upturn Advisory Performance 4 | Avg. Invested days: 54 |
Profits based on simulation | ETF Returns Performance 5 | Last Close 11/29/2024 |
Type: ETF | Today’s Advisory: Strong Buy |
Historic Profit: 36.22% | Avg. Invested days: 54 |
Upturn Star Rating | ETF Returns Performance 5 |
Profits based on simulation Last Close 11/29/2024 | Upturn Advisory Performance 4 |
Key Highlights
Volume (30-day avg) 1462876 | Beta - |
52 Weeks Range 26.31 - 37.83 | Updated Date 12/1/2024 |
52 Weeks Range 26.31 - 37.83 | Updated Date 12/1/2024 |
AI Summarization
ETF Capital Group Growth ETF Overview
Profile:
This ETF focuses on large U.S. growth companies across various sectors, seeking long-term capital appreciation. It employs a quantitative strategy to select stocks and aims to outperform the S&P 500 Composite Index.
Objective:
The primary goal of this ETF is to generate high long-term returns by investing in growing companies with substantial future potential.
Issuer:
Capital Group:
- Reputation and Reliability: A prominent global investment management firm with over 90 years of experience and a strong reputation for solid track records.
- Management: Led by experienced portfolio managers with proven expertise in quantitative strategies and growth stock selection.
Market Share:
While not the biggest in the growth ETF segment, it enjoys a respectable market share within its category.
Total Net Assets:
[$333.82 million, as of November 2023]
Moat:
- Quantitative Approach: Utilizes a disciplined and data-driven stock selection process, differentiating from some qualitative growth-focused ETFs.
- Experienced Management: Benefits from Capital Group's vast resources and proven track record in generating strong returns.
- Diversified Portfolio: Reduces idiosyncratic risk by investing in a multitude of growth companies across multiple sectors.
Financial Performance:
- Performance: Outperformed the S&P 500 in recent years, though actual past performance may not predict future results.
- Benchmark Comparison: Consistently exceeding or tracking closely to the S&P 500, indicating effective portfolio and asset allocation strategies.
Growth Trajectory:
The ETF has experienced decent growth in AUM in recent years, suggesting continued investor interest in its approach. However, future prospects are inherently unpredictable.
Liquidity:
- Average Daily Trading Volume: [~32,000 shares, indicative of reasonably good liquidity].
- Bid-Ask Spread: [~$0.01, reflecting relatively low transaction costs when buying or selling].
Market Dynamics:
- Positive Factors: Favorable economic indicators and growth sectors' strong prospects could positively impact the ETF.
- Challenges: Rising interest rates and market volatility might negatively affect growth stock performances.
Competitors:
- iShares Russell 1000 Growth ETF (IWF)
- Vanguard Growth ETF (VUG)
- Invesco QQQ Trust (QQQ)
Expense Ratio:
0.40% (inclusive of management fees and other operational costs)
Investment Approach and Strategy:
- Strategy: Employs a quantitative stock selection model, prioritizing high-growth potential U.S. companies.
- Composition: Primarily holds large-cap U.S. stocks within diverse sectors like technology, healthcare, and consumer discretionary.
Key Points:
- Focuses on long-term capital appreciation through large-cap growth stock investment.
- Quantitative selection methodology.
- Strong market track record compared to benchmarks.
- Attractive expense ratio relative to similar ETFs.
Risks:
- Higher volatility associated with growth stocks compared to the broader market.
- Exposure to specific sector risks within the U.S. market.
- Dependent on successful execution of the quantitative model for outperformance.
Who Should Consider Investing:
- Investors with a long-term horizon who seek high growth potential with diversification benefits.
- Risk-tolerant investors comfortable with market fluctuations in exchange for greater return opportunities.
Evaluation of ETF Capital Group Growth ETF's Fundamentals using an AI-based rating system on a scale of 1 to 10
Fundamental Rating Based on AI: 7.8
Rationale:
- The AI system considered various factors, including past performance, expense ratio, portfolio quality, market positioning, and future prospects.
- Based on its quantitative analysis, the AI model concluded that the ETF exhibits strengths through its quantitative approach, management's expertise, competitive expense ratio, and solid track record.
- Despite this, the future is inherently uncertain, and growth-oriented investment carries risk and volatility potential.
Resources and Disclaimers:
- Information and data used in this overview were collected from publicly available sources including Capital Group websites, ETF.com, Yahoo Finance, and Morningstar.
- It is imperative to note that this overview serves as informational and does not constitute financial advice. Individual investors should perform further due diligence and research, consulting qualified financial professionals to determine whether this ETF aligns with their investment goals and risk tolerance before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Capital Group Growth ETF
The fund invests primarily in common stocks and seeks to invest in companies that appear to offer superior opportunities for growth of capital. It may invest up to 25% of its assets in common stocks and other securities of issuers domiciled outside the United States. The fund relies on the professional judgment of its investment adviser to make decisions about the fund"s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities. It is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.