American Century STOXX U.S. Quality Growth ETF
ALTAR
Score™
3.1% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
42.2x P/Sales
ratio
4.7x
P/BV
ratio
7.6x 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) $219
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 199
Wgt avg mkt cap (mns) $125,603
Large cap (>$10bn) 84.7%
Mid cap ($2-10bn) 15.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
VERTEX PHARMACEUTICALS INC 3.5 %
AMAZON.COM INC 2.7 %
PAYPAL HOLDINGS INC 2.5 %
ADOBE SYSTEMS INC 2.4 %
MASTERCARD INC-CLASS A 2.3 %
NVIDIA CORP 2.1 %
CHEMED CORP 1.9 %
AMERICAN TOWER CORP-CL A 1.9 %
SALESFORCE.COM INC 1.9 %
LULULEMON ATHLETICA INC 1.9 %
Total 23.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.4 %
BRITAIN 1.4 %
ISRAEL 0.3 %
BRAZIL 0.3 %
IRELAND 0.2 %
BERMUDA 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
6.0% 22.7% -- -- 14.1%

Market Correlations
versus... Beta R-squared
S&P500 1.02 90%
MSCI EAFE 1.00 78%
MSCI Emg. Mkts. 0.77 69%

Technical Indicators
Recent close $47.50
30d moving avg. $44.68
Annualized volatility 24.7%
Short interest (ETF) 0.3%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.2%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $121,014

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™: 3.1%


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
(%)
RPG Invesco S&P 500 Pure Growth ETF 36.4 35 -6 4.4 +1.3
JMOM JPMorgan U.S. Momentum Factor ETF 34.6 12 17 3.9 +0.8
FTC First Trust Large Cap Growth AlphaDEX Fund 34.2 61 -32 3.0 -0.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 32.8 75 -46 3.7 +0.6
IWF iShares Russell 1000 Growth ETF 31.6 19 10 4.3 +1.2
VONG Vanguard Russell 1000 Growth Index Fund 31.6 8 21 4.4 +1.3
IGM iShares North American Tech ETF 31.3 46 -17 4.0 +0.9
IUSG iShares Core S&P US Growth ETF 31.3 4 25 4.5 +1.4
SPYG SPDR Portfolio S&P 500 Growth ETF 30.6 4 25 4.5 +1.3
IVW iShares S&P 500 Growth ETF 30.5 18 11 4.3 +1.2
VOOG Vanguard S&P 500 Growth ETF 30.3 10 19 4.4 +1.3
NULG Nuveen ESG Large-Cap Growth ETF 30.3 35 -6 3.4 +0.3
IETC iShares Evolved U.S. Technology ETF 30.1 18 11 4.1 +1.0
TECB iShares US Tech Breakthrough Multisector ETF 29.6 40 -11 4.1 +1.0
SCHG Schwab U.S. Large-Cap Growth ETF 29.6 4 25 4.3 +1.2
JKE iShares Morningstar Large-Cap Growth ETF 29.3 25 4 3.5 +0.4
JKH iShares Morningstar Mid-Cap Growth ETF 29.2 30 -1 2.5 -0.7
JQUA JPMorgan U.S. Quality Factor ETF 28.9 12 17 5.2 +2.1
VUG Vanguard Growth Index Fund 28.8 4 25 4.2 +1.1
FXL First Trust Technology AlphaDEX Fund 28.7 61 -32 3.3 +0.2
MTUM iShares Edge MSCI USA Momentum Factor ETF 28.7 15 14 4.8 +1.7
IWP iShares Russell Mid-Cap Growth ETF 27.7 24 5 4.2 +1.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 27.7 60 -31 4.1 +0.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 27.6 35 -6 4.3 +1.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 27.5 9 20 5.6 +2.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 27.1 66 -37 2.6 -0.6
PDP Invesco DWA Momentum ETF 27.0 62 -33 2.8 -0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 26.7 12 17 5.1 +2.0
ESGV Vanguard ESG U.S. Stock ETF 26.7 12 17 5.3 +2.1
IWY iShares Russell Top 200 Growth ETF 26.5 20 9 4.3 +1.2
PWB Invesco Dynamic Large Cap Growth ETF 26.4 55 -26 3.5 +0.4
VGT Vanguard Information Technology Index Fund 26.4 10 19 4.8 +1.7
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 26.3 75 -46 2.2 -0.9
TMFC Motley Fool 100 Index ETF 26.3 50 -21 4.0 +0.8
FTEC Fidelity MSCI Information Technology Index ETF 26.3 8 21 4.9 +1.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 26.3 60 -31 4.6 +1.4
SFY SoFi Select 500 ETF 25.9 0 29 5.3 +2.2
FFTY Innovator IBD 50 ETF 25.9 80 -51 3.6 +0.5
PBP Invesco S&P 500 BuyWrite ETF 25.9 49 -20 5.1 +2.0
IWB iShares Russell 1000 ETF 25.5 15 14 5.2 +2.1
SCHX Schwab U.S. Large-Cap ETF 25.5 3 26 5.4 +2.2
HSPX Global X S&P 500 Covered Call ETF 25.5 65 -36 4.9 +1.8
SCHK Schwab 1000 Index ETF 25.5 5 24 5.3 +2.2
VONE Vanguard Russell 1000 ETF 25.4 8 21 5.3 +2.2
IYY iShares Dow Jones U.S. ETF 25.3 20 9 5.2 +2.1
SPXN ProShares S&P 500 Ex-Financials ETF 25.3 27 2 5.1 +2.0
MGK Vanguard Mega Cap Growth ETF 25.2 7 22 4.3 +1.2
PBUS Invesco PureBeta MSCI USA ETF 25.2 4 25 5.3 +2.2
SPXE ProShares S&P 500 Ex-Energy ETF 25.0 27 2 5.4 +2.2
VEGN US Vegan Climate ETF 25.0 60 -31 5.3 +2.1
IQSU IQ Candriam ESG US Equity ETF 25.0 9 20 5.3 +2.1
VV Vanguard Large-Cap Index Fund 25.0 4 25 5.3 +2.2
JHMT John Hancock Multifactor Technology ETF 24.9 40 -11 5.1 +2.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 24.9 20 9 5.0 +1.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 24.9 2 27 5.4 +2.3
CATH Global X S&P 500 Catholic Values Custom ETF 24.8 29 0 5.3 +2.2
VTI Vanguard Total Stock Market Index Fund 24.7 3 26 5.2 +2.1
SPLG SPDR Portfolio Large Cap ETF 24.7 3 26 5.5 +2.3
IWV iShares Russell 3000 ETF 24.7 20 9 5.1 +2.0
IVV iShares Core S&P 500 ETF 24.7 4 25 5.5 +2.3
SPY SPDR S&P 500 ETF Trust 24.6 9 20 5.4 +2.3
SCHB Schwab U.S. Broad Market ETF 24.6 3 26 5.3 +2.2
VTHR Vanguard Russell 3000 Index Fund 24.6 10 19 5.2 +2.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 24.6 3 26 5.2 +2.1
SPTM SPDR Portfolio Total Stock Market ETF 24.6 3 26 5.6 +2.4
QYLD Global X NASDAQ 100 Covered Call ETF 24.6 60 -31 3.7 +0.6
IYW iShares U.S. Technology ETF 24.4 42 -13 4.4 +1.2
EXT WisdomTree U.S. Total Earnings Fund 24.4 28 1 5.7 +2.6
VOO VANGUARD S&P 500 ETF 24.4 3 26 5.5 +2.3
AVUS Avantis U.S. Equity ETF 24.4 15 14 5.7 +2.6
ESGU iShares MSCI USA ESG Optimized ETF 24.4 15 14 5.1 +2.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 24.3 20 9 5.5 +2.3
FDMO Fidelity Momentum Factor ETF 24.3 29 0 4.0 +0.8
JHML John Hancock Multifactor Large Cap ETF 24.2 34 -5 5.5 +2.4
RYT Invesco S&P 500 Equal Weight Technology ETF 24.1 40 -11 7.3 +4.1
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 24.1 29 0 4.3 +1.2
NUSI Nationwide Risk-Managed Income ETF 24.0 68 -39 3.7 +0.5
FEX First Trust Large Cap Core AlphaDEX Fund 23.9 60 -31 5.9 +2.8
ADME Aptus Drawdown Managed Equity ETF 23.8 81 -52 3.9 +0.7
QQQ Invesco QQQ Trust 23.8 20 9 4.1 +1.0
ECOZ TrueMark ESG Active Opportunities ETF 23.5 58 -29 4.5 +1.3
VFMO Vanguard U.S. Momentum Factor ETF 23.3 13 16 2.1 -1.0
XLK Technology Select Sector SPDR Fund 23.1 13 16 5.0 +1.9
SPXV ProShares S&P 500 Ex-Health Care ETF 23.0 27 2 5.1 +2.0
IWL iShares Russell Top 200 ETF 22.8 15 14 5.1 +2.0
MGC Vanguard Mega Cap Index Fund 22.8 7 22 5.3 +2.2
TTAC TrimTabs Float Shrink ETF 22.8 59 -30 3.6 +0.5
DSI iShares MSCI KLD 400 Social ETF 22.8 25 4 5.2 +2.1
QUS SPDR MSCI USA StrategicFactors ETF 22.7 15 14 5.8 +2.6
ONEO SPDR Russell 1000 Momentum Focus ETF 22.5 20 9 6.4 +3.2
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 22.4 21 8 3.2 +0.1
SNPE Xtrackers S&P 500 ESG ETF 22.2 11 18 5.2 +2.0
PSET Principal Price Setters Index ETF 22.0 29 0 4.6 +1.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 21.9 30 -1 6.6 +3.5
SYG SPDR MFS Systematic Growth Equity ETF 21.8 60 -31 4.6 +1.5
FLQL Franklin LibertyQ U.S. Equity ETF 21.8 15 14 6.2 +3.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 21.8 49 -20 4.2 +1.0
CFA VictoryShares US 500 Volatility Weighted Index ETF 21.8 35 -6 5.7 +2.6
IGV iShares North American Tech-Software ETF 21.7 46 -17 2.6 -0.5
SIZE iShares Edge MSCI USA Size Factor ETF 21.7 15 14 5.8 +2.7

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:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 23.8 %
Divided by: Fwd. P/BV 6.9 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 3.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.44 CATEGORY
AVERAGE
1.53
 
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.