What this ETF is trying to do

The ALLSPRING LT LARGE GROWTH ETF (AGRW) focuses on large companies that have growth potential. It invests in a variety of well-known corporations to provide exposure to the "large growth" part of the stock market.

What the numbers show

The current price of AGRW is $33.42. Based on the data, the estimated price from roughly one year ago was $30.14.

To understand how the ETF has performed, we look at two different types of returns:

• One-Year Price Return: This measures only the change in the share price. Over the last year, the price return was approximately 10.89%.

• One-Year Total Return: This measure includes both the share-price change and any distributions (like dividends) paid out. The total return for the last year was approximately 11.02%.

For this year so far (YTD), both the price return and the total return are approximately 10.67%.

Income and distribution explanation

This ETF has a distribution yield of 11.31%. The distribution yield tells you how much cash is paid out relative to the current share price. It is important for new investors to know that a high distribution yield does not automatically mean an investor earned that percentage as their total return. These distributions occur on an irregular or less frequent schedule.

NAV erosion explanation

StockValueFinder uses an "erosion-risk score" to check for NAV erosion. NAV erosion is when the value of the underlying assets in a fund drops significantly over time. For this ETF, the erosion score is 100, and the label states "No price erosion detected." The severity is rated as "good," which means there are no signs of significant value loss based on these specific measurements.

Pros

• The share price has shown a positive return over the last year.

• It holds many large, well-known companies.

• It has a good erosion score with no detected NAV erosion.

Cons

• Distributions are irregular and happen less frequently.

• A high distribution yield can exist even if the share price is not increasing.

Top Holdings

The following are the top holdings for this ETF (this is a partial list):

• NVIDIA CORP: 13.95%

• ALPHABET INC CLASS C: 9.38%

• APPLE INC: 6.75%

• AMAZON.COM INC: 5.24%

• BROADCOM INC: 4.83%

• META PLATFORMS INC CLASS A: 3.77%

• MICROSOFT CORP: 3.27%

• LAM RESEARCH CORP: 2.95%

• GE VERNOVA INC: 2.84%

• VISA INC CLASS A: 2.40%

Beginner takeaway

AGRW provides exposure to large growth companies. While it offers a high distribution yield, the total return shows how much the investment grew overall when including those distributions. The data currently shows that the share price has increased over the past year without signs of NAV erosion.