TGRW: T. ROWE PRICE GROWTH STOCK ETF
T. ROWE PRICE GROWTH STOCK ETF (TGRW)
What this ETF is trying to do
The T. ROWE PRICE GROWTH STOCK ETF (TGRW) is an exchange-traded fund that focuses on growth stocks. This means it invests in companies that investors often expect to grow quickly. Based on the provided data, this ETF holds 72 different companies.
Top Holdings
The following are some of the largest companies held in this ETF (note that this is a partial list):
• NVIDIA CORP: 14.71%
• ALPHABET INC CLASS A: 12.21%
• APPLE INC: 6.44%
• BROADCOM INC: 6.24%
• MICROSOFT CORP: 5.36%
• ADVANCED MICRO DEVICES INC: 3.47%
• ELI LILLY AND CO: 3.41%
• META PLATFORMS INC CLASS A: 3.30%
What the numbers show
The current price of TGRW is $49.49. We can look at how the share price has changed over different periods of time:
• Year-to-Date (YTD): The price return is approximately 7.56%.
• One Year: The price return is approximately 8.25%.
• Three Years: The price return is approximately 82.65%.
When looking at the three-year period, the total return was approximately 82.67%. It is important to know that price return only tracks the change in the share price, while total return includes other factors like distributions. In this case, the two numbers are very close.
If you had invested in this ETF roughly one year ago, the estimated price would have been approximately $45.72.
Income and distribution explanation
Some investors look for ETFs that pay them cash regularly, which is called a "distribution yield." For TGRW, the distribution yield is 0%. No distributions were detected over the last 12 months. This means the ETF has not been paying out cash to investors during this time.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in an ETF decreases significantly over time. StockValueFinder uses an "erosion-risk score" to help measure this risk.
For TGRW, the erosion score is 100, and the label indicates "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• Strong Price Growth: The ETF has shown significant price returns over the last three years.
• Low Erosion Risk: The data shows no detected price erosion and a good erosion-severity rating.
Cons
• No Current Income: Because the distribution yield is 0%, this ETF does not currently provide regular cash payments to investors.
Beginner takeaway
TGRW is an ETF focused on growth companies like NVIDIA and Alphabet. While it has shown strong share-price increases over the last three years, it does not currently pay out cash distributions to investors. It also shows no signs of the price erosion risks that some other types of funds might face.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 14.71% |
| 2 | ALPHABET INC CLASS A | GOOGL | 12.21% |
| 3 | APPLE INC | AAPL | 6.44% |
| 4 | BROADCOM INC | AVGO | 6.24% |
| 5 | MICROSOFT CORP | MSFT | 5.36% |
| 6 | ADVANCED MICRO DEVICES INC | AMD | 3.47% |
| 7 | ELI LILLY AND CO | LLY | 3.41% |
| 8 | META PLATFORMS INC CLASS A | META | 3.30% |
| 9 | AGGREGATE MISCELLANEOUS EQUITY | n/a | 2.88% |
| 10 | MICRON TECHNOLOGY INC | MU | 2.66% |