HGRO: HEDGEYE QUALITY GROWTH ETF
What this ETF is trying to do
The HedeyE Quality Growth ETF (HGRO) is designed to invest in companies that show strong growth characteristics. Based on its top holdings, the fund focuses heavily on large technology and healthcare companies.
What the numbers show
As of October 5, 2026, the share price of HGRO was $30.55.
When looking at performance, there are two different numbers to understand:
• Price Return: This measures only the change in the share price. The one-year price return was 10.37%, and the year-to-date (YTD) price return was 7.63%.
• Total Return: This reflects the overall return, including distributions. The one-year total return was 10.46%, and the YTD total return was 7.63%.
For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($27.68), a 10.37% price return would mean your investment grew to approximately $11,037 based on share price alone.
Income and distribution explanation
HGRO provides cash distributions to investors, but they are irregular and less frequent. In the last 12 months, there was only one payout. The distribution yield is 0.07%.
It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment value will stay the same.
NAV erosion explanation
"NAV erosion" happens when the internal value of an ETF's assets declines over time. StockValueFinder uses an erosion-risk score to measure this. HGRO has an erosion score of 100, and the erosion severity is labeled as "good." The data shows no price erosion was detected, and the severe erosion-risk flag is false.
Top Holdings
The fund holds 51 different assets. Because the list is partial, these are the Top Holdings as of October 7, 2026:
• Apple Inc: 8.08%
• Microsoft Corp: 7.52%
• Nvidia Corp: 7.07%
• First American Government Obligs X: 5.72%
• Alphabet Inc Class A: 4.15%
• Meta Platforms Inc Class A: 3.51%
• ExxonMobil Holdings Corp: 3.34%
• Amazon.com Inc: 3.04%
• Visa Inc Class A: 2.95%
• Johnson & Johnson: 2.65%
Pros
• Positive one-year and year-to-date price and total returns.
• No detected NAV erosion according to the erosion-risk score.
Cons
• Very low distribution yield.
• Irregular payout frequency.
Beginner takeaway
HGRO is a growth-focused ETF that has seen its share price increase over the last year. While it does pay out some cash, the income is very low and infrequent. Investors in this fund are primarily seeing growth through the share price rather than through regular income.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | APPLE INC | AAPL | 8.08% |
| 2 | MICROSOFT CORP | MSFT | 7.52% |
| 3 | NVIDIA CORP | NVDA | 7.07% |
| 4 | FIRST AMERICAN GOVERNMENT OBLIGS X | FGXXX | 5.72% |
| 5 | ALPHABET INC CLASS A | GOOGL | 4.15% |
| 6 | META PLATFORMS INC CLASS A | META | 3.51% |
| 7 | EXXONMOBIL HOLDINGS CORP | XOM | 3.34% |
| 8 | AMAZON.COM INC | AMZN | 3.04% |
| 9 | VISA INC CLASS A | V | 2.95% |
| 10 | JOHNSON & JOHNSON | JNJ | 2.65% |