Key stats
About Hedgeye Quality Growth ETF
Home page
Inception date
Jun 10, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Hedgeye Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US26923Q7390
HGRO aims for long-term capital growth by investing in 40-50 US-listed companies with high earnings growth potential and solid capital returns. The fund targets industry leaders with experienced management and strong financial fundamentals. The fund employs the Quad model, a quantitative, regime-based framework, to identify macroeconomic themes by measuring and mapping growth and inflation changes with consideration to monetary policy biases. This framework guides the fund to identify economic and asset price movements. The fund combines research, portfolio design, construction, and trading functions, focusing on long-term returns while managing risk. The fund selects growth stocks whose growth potential appears underappreciated. HGRO may invest in other ETFs and derivatives, as well as engage in securities lending. The actively managed fund may invest up to 20% in cash and cash equivalents and up to 20% in non-US stocks.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.79%
Electronic Technology28.89%
Technology Services23.91%
Finance11.82%
Health Technology8.21%
Retail Trade8.05%
Producer Manufacturing5.86%
Industrial Services2.31%
Non-Energy Minerals1.96%
Health Services1.78%
Commercial Services1.17%
Utilities1.06%
Consumer Services1.00%
Energy Minerals0.96%
Consumer Non-Durables0.87%
Consumer Durables0.83%
Transportation0.69%
Process Industries0.44%
Bonds, Cash & Other0.21%
Mutual fund0.19%
Cash0.02%
Stock breakdown by region
North America99.17%
Europe0.83%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HGRO invests in stocks. The fund's major sectors are Electronic Technology, with 28.89% stocks, and Technology Services, with 23.91% of the basket. The assets are mostly located in the North America region.
HGRO top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 9.39% and 8.71% of the portfolio correspondingly.
HGRO assets under management is 39.71 M USD. It's risen 29.13% over the last month.
HGRO fund flows account for 37.59 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HGRO doesn't pay dividends to its holders.
HGRO shares are issued by Hedgeye Risk Management LLC under the brand Hedgeye. The ETF was launched on Jun 10, 2025, and its management style is Active.
HGRO expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
HGRO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HGRO invests in stocks.
HGRO trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.