Key stats
About T. Rowe Price Growth Stock ETF
Home page
Inception date
Aug 4, 2020
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
T. Rowe Price Associates, Inc.
Distributor
T. Rowe Price Investment Services, Inc.
TGRW is one of T. Row Prices first funds to shift into the ETF foray. The fund invests in US-listed companies as well as common stocks listed on a foreign exchange, given that it trade synchronously with the fund. TGRW will focus on companies with the following growth traits: strong cash flow, above-average rate of earnings growth, earnings momentum stability and capacity to expand during unfavorable economic conditions, and lastly a strong market position in a profitable niche in the economy. Unlike other ETFs that publishes full portfolio holdings daily, TGRW publishes a proxy portfolio on its website. The proxy portfolio is a basket of securities designed to closely track the fund performance and may help facilitate arbitrage opportunities. Holdings will generally be disclosed 15 calendar days after each quarter-end. Take note of its nontransparent structure that could result in wider spreads.
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
Technology Services
Electronic Technology
Stocks99.69%
Technology Services36.14%
Electronic Technology35.32%
Retail Trade9.60%
Finance6.56%
Health Technology4.87%
Consumer Durables2.18%
Consumer Services1.49%
Commercial Services0.94%
Transportation0.64%
Producer Manufacturing0.62%
Health Services0.57%
Process Industries0.48%
Consumer Non-Durables0.01%
Bonds, Cash & Other0.31%
Mutual fund0.58%
Cash−0.27%
Stock breakdown by region
North America95.64%
Europe2.38%
Asia1.22%
Latin America0.74%
Middle East0.02%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TGRW invests in stocks. The fund's major sectors are Technology Services, with 36.24% stocks, and Electronic Technology, with 35.42% of the basket. The assets are mostly located in the North America region.
TGRW top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 15.58% and 14.78% of the portfolio correspondingly.
TGRW last dividends amounted to 0.00 USD. The year before, the issuer paid 0.13 USD in dividends, which shows a 3.82 K% decrease.
TGRW assets under management is 838.56 M USD. It's risen 158.92% over the last month.
TGRW fund flows account for 571.50 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.
TGRW shares are issued by T. Rowe Price Group, Inc. under the brand T. Rowe Price. The ETF was launched on Aug 4, 2020, and its management style is Active.
TGRW expense ratio is 0.52% meaning you'd have to pay 0.52% of your investment to help manage the fund.
TGRW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TGRW invests in stocks.
TGRW price has risen by 1.78% over the last month, and its yearly performance shows a 15.88% increase. See more dynamics on TGRW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.19% over the last month, showed a 13.46% increase in three-month performance and has increased by 16.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.19% over the last month, showed a 13.46% increase in three-month performance and has increased by 16.94% in a year.
TGRW trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.