American Century STOXX U.S. Quality Growth ETF
ALTAR
Score™
3.7% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
34.9x P/Sales
ratio
4.3x
P/BV
ratio
10.2x Div.
yield
0.5%


  • 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) $239
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 194
Wgt avg mkt cap (mns) $115,870
Large cap (>$10bn) 89.3%
Mid cap ($2-10bn) 9.5%
Small cap (<$2bn) 1.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ADOBE SYSTEMS INC 2.5 %
VERTEX PHARMACEUTICALS INC 2.4 %
LOWE'S COS INC 2.4 %
CADENCE DESIGN SYS INC 2.3 %
FORTINET INC 2.3 %
APPLIED MATERIALS INC 2.3 %
TEXAS INSTRUMENTS INC 2.2 %
O'REILLY AUTOMOTIVE INC 2.2 %
TRACTOR SUPPLY COMPANY 2.1 %
QUALCOMM INC 2.0 %
Total 22.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.5 %
IRELAND 0.4 %
BERMUDA 0.4 %
ISRAEL 0.2 %
CHINA 0.1 %
BRITAIN 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
38.0% 38.0% -- -- 27.6%

Market Correlations
versus... Beta R-squared
S&P500 0.99 91%
MSCI EAFE 0.86 76%
MSCI Emg. Mkts. 0.73 67%

Technical Indicators
Recent close $65.04
30d moving avg. $62.29
Annualized volatility 22.1%
Short interest (ETF) 0.2%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 13
Turnover 0.4%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $148,785

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 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™: 3.7%


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 39.0 35 -6 2.7 -1.0
JOET Virtus Terranova US Quality Momentum ETF 32.8 29 0 4.6 +0.9
FTC First Trust Large Cap Growth AlphaDEX Fund 31.9 61 -32 2.2 -1.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 31.2 75 -46 2.0 -1.7
JMOM JPMorgan U.S. Momentum Factor ETF 30.9 12 17 3.0 -0.7
STLG iShares Factors US Growth Style ETF 29.5 25 4 3.9 +0.2
ESGV Vanguard ESG U.S. Stock ETF 28.1 12 17 4.5 +0.8
JHMT John Hancock Multifactor Technology ETF 27.8 40 -11 4.0 +0.3
IWP iShares Russell Mid-Cap Growth ETF 27.2 24 5 2.6 -1.0
MTUM iShares MSCI USA Momentum Factor ETF 27.0 15 14 2.2 -1.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 26.9 59 -30 4.0 +0.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 26.9 35 -6 4.3 +0.7
PWB Invesco Dynamic Large Cap Growth ETF 26.9 56 -27 2.1 -1.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 26.8 9 20 4.8 +1.1
JQUA JPMorgan U.S. Quality Factor ETF 26.5 12 17 5.1 +1.4
SPMO Invesco S&P 500 Momentum ETF 26.5 13 16 3.8 +0.1
FLQL Franklin LibertyQ U.S. Equity ETF 26.2 15 14 5.9 +2.3
IWF iShares Russell 1000 Growth ETF 26.2 19 10 3.4 -0.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 25.8 30 -1 5.2 +1.6
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 25.6 35 -6 5.1 +1.4
VONG Vanguard Russell 1000 Growth Index Fund 25.5 8 21 3.5 -0.1
RYT Invesco S&P 500 Equal Weight Technology ETF 25.5 40 -11 5.7 +2.0
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 25.5 69 -40 4.0 +0.4
CFA VictoryShares US 500 Volatility Weighted Index ETF 25.5 35 -6 5.0 +1.4
IUSG iShares Core S&P US Growth ETF 25.1 4 25 3.7 0.0
VFMO Vanguard U.S. Momentum Factor ETF 25.0 13 16 1.4 -2.3
VOOG Vanguard S&P 500 Growth ETF 24.7 10 19 3.9 +0.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 24.7 57 -28 3.5 -0.1
RESP WisdomTree US ESG Fund of Benef Interest 24.7 28 1 5.1 +1.4
BFOR Barron's 400 ETF 24.3 65 -36 5.5 +1.9
ONEO SPDR Russell 1000 Momentum Focus ETF 24.3 20 9 5.6 +1.9
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 24.2 75 -46 2.9 -0.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 24.1 12 17 4.0 +0.3
NULG Nuveen ESG Large-Cap Growth ETF 24.0 35 -6 2.9 -0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 24.0 4 25 3.7 +0.0
IVW iShares S&P 500 Growth ETF 24.0 18 11 3.5 -0.1
JKE iShares Morningstar Large-Cap Growth ETF 24.0 25 4 2.2 -1.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 23.9 29 0 7.2 +3.6
SPGP Invesco S&P 500 GARP ETF 23.9 34 -5 6.2 +2.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 23.9 66 -37 1.8 -1.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 23.7 17 12 5.6 +2.0
STLC iShares Factors US Blend Style ETF 23.6 25 4 4.8 +1.1
TTAC TrimTabs US Free Cash Flow Quality ETF 23.5 59 -30 3.4 -0.2
FDMO Fidelity Momentum Factor ETF 23.4 29 0 2.4 -1.2
PDP Invesco DWA Momentum ETF 23.3 62 -33 1.8 -1.8
AFLG First Trust Active Factor Large Cap ETF 23.3 55 -26 4.7 +1.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 23.2 9 20 5.0 +1.3
LSAF LeaderShares AlphaFactor US Core Equity ETF 23.2 75 -46 5.2 +1.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 23.1 30 -1 5.0 +1.4
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 23.0 30 -1 5.3 +1.7
JHML John Hancock Multifactor Large Cap ETF 23.0 29 0 4.9 +1.2
ROUS Hartford Multifactor US Equity ETF 22.9 19 10 5.9 +2.2
VUG Vanguard Growth Index Fund 22.8 4 25 3.5 -0.1
USMF WisdomTree U.S. Multifactor Fund 22.7 28 1 5.4 +1.7
USXF iShares ESG Advanced MSCI USA ETF 22.5 10 19 4.5 +0.9
FEX First Trust Large Cap Core AlphaDEX Fund 22.2 60 -31 4.7 +1.0
IYW iShares U.S. Technology ETF 22.0 43 -14 3.4 -0.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 21.9 60 -31 3.6 -0.1
FXL First Trust Technology AlphaDEX Fund 21.8 61 -32 3.4 -0.3
SFY SoFi Select 500 ETF 21.6 0 29 4.6 +0.9
SCHX Schwab U.S. Large-Cap ETF 21.6 3 26 4.6 +0.9
SCHK Schwab 1000 Index ETF 21.6 5 24 4.6 +0.9
IWB iShares Russell 1000 ETF 21.6 15 14 4.5 +0.8
BUL Pacer US Cash Cows Growth ETF 21.5 60 -31 4.3 +0.7
PBUS Invesco PureBeta MSCI USA ETF 21.5 4 25 4.6 +0.9
TPLC Timothy Plan US Large Cap Core ETF 21.5 52 -23 4.4 +0.8
IYY iShares Dow Jones U.S. ETF 21.4 20 9 4.4 +0.8
SCHG Schwab U.S. Large-Cap Growth ETF 21.4 4 25 3.2 -0.5
EUSA iShares MSCI USA Equal Weighted ETF 21.3 15 14 5.1 +1.5
QYLD Global X NASDAQ 100 Covered Call ETF 21.3 60 -31 3.2 -0.5
IGM iShares Expanded Tech Sector ETF 21.3 46 -17 3.3 -0.4
VTHR Vanguard Russell 3000 Index Fund 21.3 10 19 4.4 +0.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 21.1 49 -20 3.4 -0.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 21.0 7 22 4.5 +0.9
SIZE iShares MSCI USA Size Factor ETF 21.0 15 14 5.1 +1.5
AVUS Avantis U.S. Equity ETF 21.0 15 14 4.8 +1.2
NUSI Nationwide Risk-Managed Income ETF 21.0 68 -39 3.1 -0.6
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 20.9 60 -31 3.1 -0.5
VV Vanguard Large-Cap Index Fund 20.9 4 25 4.6 +0.9
CATH Global X S&P 500 Catholic Values Custom ETF 20.9 29 0 4.6 +0.9
QLC FlexShares US Quality Large Cap Index Fund 20.9 32 -3 4.4 +0.8
SYG SPDR MFS Systematic Growth Equity ETF 20.8 60 -31 3.4 -0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 20.8 2 27 4.6 +1.0
PBP Invesco S&P 500 BuyWrite ETF 20.7 49 -20 4.3 +0.7
TECB iShares US Tech Breakthrough Multisector ETF 20.7 40 -11 3.5 -0.2
VFQY Vanguard U.S. Quality Factor ETF 20.7 13 16 5.3 +1.6
IWV iShares Russell 3000 ETF 20.7 20 9 4.3 +0.6
ESGU iShares MSCI USA ESG Optimized ETF 20.7 15 14 4.4 +0.8
SPXN ProShares S&P 500 Ex-Financials ETF 20.7 27 2 4.4 +0.7
QQQM Invesco NASDAQ 100 ETF 20.7 15 14 3.5 -0.1
QQQ Invesco QQQ Trust 20.7 20 9 3.5 -0.2
SCHB Schwab U.S. Broad Market ETF 20.6 3 26 4.5 +0.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 20.5 3 26 4.4 +0.7
JKH iShares Morningstar Mid-Cap Growth ETF 20.5 30 -1 1.9 -1.8
SPTM SPDR Portfolio Total Stock Market ETF 20.4 3 26 4.8 +1.1
ETHO Etho Climate Leadership U.S. ETF 20.4 47 -18 3.6 -0.0
PSET Principal Price Setters Index ETF 20.4 15 14 4.6 +1.0
XYLG Global X S&P 500 Covered Call & Growth ETF 20.4 60 -31 4.4 +0.7

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 31.6 %
Divided by: Fwd. P/BV 8.0 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 3.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 CATEGORY
AVERAGE
1.49
 
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.