American Century STOXX U.S. Quality Growth ETF
ALTAR
Score™
3.8% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
29.7x P/Sales
ratio
3.3x
P/BV
ratio
7.5x Div.
yield
0.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
QGRO tracks an index of large- and midcap US stocks. Holdings are selected and weighted by growth and quality factors.

FUND BASICS
Category US Equities
Fund Sponsor American Century
Website ipro.americancentury.com
Inception date Sep 10, 2018
Assets (mns) $215
Currency USD
Expense ratio 29 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Fundamental
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 198
Wgt avg mkt cap (mns) $94,608
Large cap (>$10bn) 79.3%
Mid cap ($2-10bn) 19.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
VERTEX PHARMACEUTICALS INC 3.5 %
NEUROCRINE BIOSCIENCES INC 2.6 %
ZOOM VIDEO COMMUNICATIONS, INC. CL 2.1 %
ADOBE SYSTEMS INC 1.9 %
CHARTER COMMUNICATIONS, INC. CLASS 1.8 %
VEEVA SYSTEMS INC-CLASS A 1.8 %
FORTINET INC 1.8 %
REGENERON PHARMACEUTICALS 1.8 %
COSTAR GROUP INC 1.8 %
TEXAS INSTRUMENTS INC 1.8 %
Total 21.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.7 %
CANADA 1.2 %
BRITAIN 0.3 %
ISRAEL 0.1 %
CAYMAN ISLANDS 0.1 %
CHINA 0.1 %
BERMUDA 0.1 %
BRAZIL 0.1 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
24.8% 34.5% -- -- 25.8%

Market Correlations
versus... Beta R-squared
S&P500 1.01 91%
MSCI EAFE 1.00 78%
MSCI Emg. Mkts. 0.72 67%

Technical Indicators
Recent close $54.06
30d moving avg. $53.91
Annualized volatility 23.0%
Short interest (ETF) 1.8%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 20
Turnover 0.5%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $5,669

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the American Century STOXX U.S. Quality Growth ETF ETF based on the alternatives' overlap in portfolio holdings with QGRO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: QGRO Expense: 29 bp ALTAR Score™: 3.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH QGRO
Ticker Fund
Name
Overlap1
vs QGRO
(%)
Expense
ratio
(bp)
Savings
vs QGRO
(bp)
ALTAR
Score™
(%)
ALTAR
vs QGRO
(%)
JMOM JPMorgan U.S. Momentum Factor ETF 32.6 12 17 3.9 +0.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 32.0 75 -46 4.1 +0.3
FTC First Trust Large Cap Growth AlphaDEX Fund 31.2 61 -32 2.9 -0.9
RPG Invesco S&P 500 Pure Growth ETF 30.5 35 -6 4.6 +0.8
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 30.2 75 -46 3.6 -0.2
PDP Invesco DWA Momentum ETF 27.6 62 -33 2.9 -0.9
VFMO Vanguard U.S. Momentum Factor ETF 27.5 13 16 0.9 -2.9
JQUA JPMorgan U.S. Quality Factor ETF 27.0 12 17 5.6 +1.8
FVL First Trust Value Line 100 Exchange-Traded Fund 26.9 70 -41 5.3 +1.5
USMF WisdomTree U.S. Multifactor Fund 26.9 28 1 5.8 +2.0
STLG iShares Factors US Growth Style ETF 26.8 25 4 6.1 +2.3
FDMO Fidelity Momentum Factor ETF 26.5 29 0 4.1 +0.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 26.4 66 -37 2.5 -1.3
FLQL Franklin LibertyQ U.S. Equity ETF 26.3 15 14 6.2 +2.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 26.3 9 20 6.1 +2.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 26.2 59 -30 4.2 +0.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 26.2 35 -6 4.4 +0.6
NULG Nuveen ESG Large-Cap Growth ETF 26.1 35 -6 3.7 -0.1
JHMT John Hancock Multifactor Technology ETF 25.9 40 -11 5.9 +2.1
PWB Invesco Dynamic Large Cap Growth ETF 25.9 56 -27 3.7 -0.1
IWP iShares Russell Mid-Cap Growth ETF 25.8 24 5 3.0 -0.8
MTUM iShares Edge MSCI USA Momentum Factor ETF 25.8 15 14 5.0 +1.2
AFLG First Trust Active Factor Large Cap ETF 25.7 55 -26 6.3 +2.5
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 25.4 35 -6 5.8 +2.0
JKH iShares Morningstar Mid-Cap Growth ETF 25.3 30 -1 2.2 -1.6
CFA VictoryShares US 500 Volatility Weighted Index ETF 25.2 35 -6 5.8 +2.0
ONEO SPDR Russell 1000 Momentum Focus ETF 25.1 20 9 6.4 +2.6
IWF iShares Russell 1000 Growth ETF 25.0 19 10 5.5 +1.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 25.0 30 -1 6.6 +2.8
EXT WisdomTree U.S. Total Earnings Fund 24.8 28 1 6.0 +2.2
SPMO Invesco S&P 500 Momentum ETF 24.7 13 16 5.8 +2.0
FEX First Trust Large Cap Core AlphaDEX Fund 24.6 60 -31 6.0 +2.2
VONG Vanguard Russell 1000 Growth Index Fund 24.6 8 21 5.6 +1.8
ROUS Hartford Multifactor US Equity ETF 24.3 19 10 6.5 +2.7
FXL First Trust Technology AlphaDEX Fund 24.1 61 -32 3.4 -0.4
JHML John Hancock Multifactor Large Cap ETF 24.1 29 0 5.9 +2.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 23.8 12 17 6.1 +2.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 23.7 17 12 6.4 +2.6
SYG SPDR MFS Systematic Growth Equity ETF 23.5 60 -31 5.3 +1.5
ESGV Vanguard ESG U.S. Stock ETF 23.4 12 17 5.8 +2.0
BFOR Barron's 400 ETF 23.4 65 -36 6.4 +2.6
IGM iShares Expanded Tech Sector ETF 23.2 46 -17 5.2 +1.4
IUSG iShares Core S&P US Growth ETF 23.2 4 25 5.7 +1.9
SCHG Schwab U.S. Large-Cap Growth ETF 22.8 4 25 5.4 +1.7
RYT Invesco S&P 500 Equal Weight Technology ETF 22.7 40 -11 6.9 +3.1
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 22.6 59 -30 4.0 +0.2
VOOG Vanguard S&P 500 Growth ETF 22.5 10 19 5.7 +1.9
SFY SoFi Select 500 ETF 22.5 0 29 5.5 +1.7
IVW iShares S&P 500 Growth ETF 22.4 18 11 5.6 +1.9
MMLG First Trust Multi-Manager Large Growth ETF 22.4 85 -56 2.5 -1.3
SPYG SPDR Portfolio S&P 500 Growth ETF 22.3 4 25 5.8 +2.0
IYW iShares U.S. Technology ETF 22.3 43 -14 7.1 +3.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 22.2 60 -31 5.3 +1.5
SCHX Schwab U.S. Large-Cap ETF 22.0 3 26 5.9 +2.1
FMK First Trust Mega Cap AlphaDEX Fund 22.0 70 -41 4.9 +1.1
IWB iShares Russell 1000 ETF 22.0 15 14 5.6 +1.9
VUG Vanguard Growth Index Fund 22.0 4 25 5.5 +1.7
SCHK Schwab 1000 Index ETF 22.0 5 24 5.8 +2.0
QLC FlexShares US Quality Large Cap Index Fund 22.0 32 -3 5.9 +2.1
IYY iShares Dow Jones U.S. ETF 22.0 20 9 5.7 +1.9
AVUS Avantis U.S. Equity ETF 21.9 15 14 6.1 +2.3
HIPR Direxion High Growth ETF 21.8 40 -11 6.8 +3.0
IETC iShares Evolved U.S. Technology ETF 21.8 18 11 5.8 +2.1
VONE Vanguard Russell 1000 ETF 21.7 8 21 5.7 +1.9
QYLD Global X NASDAQ 100 Covered Call ETF 21.7 60 -31 5.4 +1.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 21.7 9 20 6.0 +2.2
SPGP Invesco S&P 500 GARP ETF 21.7 34 -5 7.1 +3.3
PBUS Invesco PureBeta MSCI USA ETF 21.6 4 25 5.9 +2.1
VTHR Vanguard Russell 3000 Index Fund 21.5 10 19 5.6 +1.8
FCPI Fidelity Stocks for Inflation ETF 21.5 29 0 6.8 +3.0
ESGU iShares MSCI USA ESG Optimized ETF 21.5 15 14 5.7 +1.9
XNTK SPDR NYSE Technology ETF 21.4 35 -6 4.0 +0.2
NUSI Nationwide Risk-Managed Income ETF 21.3 68 -39 5.5 +1.7
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 21.3 60 -31 5.3 +1.5
IWV iShares Russell 3000 ETF 21.3 20 9 5.5 +1.7
QQQ Invesco QQQ Trust 21.3 20 9 5.7 +1.9
SCHB Schwab U.S. Broad Market ETF 21.3 3 26 5.7 +1.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 21.3 7 22 5.9 +2.1
SCIU Global X Scientific Beta US ETF 21.2 19 10 6.0 +2.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 21.2 3 26 5.7 +1.9
VFQY Vanguard U.S. Quality Factor ETF 21.2 13 16 6.4 +2.6
RBUS Nationwide Risk-Based U.S. Equity ETF 21.2 30 -1 4.6 +0.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 21.2 2 27 5.9 +2.1
CATH Global X S&P 500 Catholic Values Custom ETF 21.2 29 0 5.8 +2.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 21.1 21 8 3.5 -0.3
TECB iShares US Tech Breakthrough Multisector ETF 21.0 40 -11 4.7 +0.9
VEGN US Vegan Climate ETF 21.0 60 -31 5.7 +1.9
SIZE iShares Edge MSCI USA Size Factor ETF 21.0 15 14 6.1 +2.3
PBP Invesco S&P 500 BuyWrite ETF 20.9 49 -20 5.6 +1.9
TUSA First Trust Total US Market AlphaDEX ETF 20.9 70 -41 6.1 +2.3
VV Vanguard Large-Cap Index Fund 20.9 4 25 5.8 +2.0
MXDU Nationwide Maximum Diversification US Core Equity ETF 20.8 34 -5 4.9 +1.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 20.7 20 9 6.0 +2.2
EUSA iShares MSCI USA Equal Weighted ETF 20.7 15 14 6.2 +2.4
VTI Vanguard Total Stock Market Index Fund 20.6 3 26 5.6 +1.8
HSPX Global X S&P 500 Covered Call ETF 20.6 60 -31 5.5 +1.7
IVV iShares Core S&P 500 ETF 20.6 3 26 6.0 +2.2
SPTM SPDR Portfolio Total Stock Market ETF 20.6 3 26 6.1 +2.3
PSET Principal Price Setters Index ETF 20.6 15 14 5.1 +1.3
SPY SPDR S&P 500 ETF Trust 20.6 9 20 6.0 +2.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
American Century STOXX U.S. Quality Growth ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 26.0 %
Divided by: Fwd. P/BV 6.4 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 3.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 CATEGORY
AVERAGE
1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.