Average Daily Volume
2014
Fund Overview
The Capital Group Growth ETF (CGRO) is an actively managed exchange-traded fund that seeks long-term growth of capital. The fund invests primarily in common stocks of U.S. companies with strong growth potential, focusing on those that demonstrate above-average earnings growth and sustainable competitive advantages. Managed by Capital Group, one of the world's largest investment management firms, CGRO leverages the firm's extensive research capabilities and long-term investment philosophy. The fund typically holds a concentrated portfolio of 30-50 stocks, allowing for meaningful positions in its highest-conviction ideas. Unlike many passive growth ETFs, CGRO's active management approach aims to outperform its benchmark over full market cycles while managing risk through careful stock selection and portfolio construction.
- Asset Class
-
Equity
- Industry
-
N/A
- Annual Dividend Rate
-
- Smart Beta
-
No
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 0.01 %
- Currency Hedged
-
No
- Portfolio Turnover
-
112 %
- Dividend Date
-
Our Sector Rotation Algorithm Makes the Difference
SectorSurfer pairs the power of a true sector rotation algorithm to own momentum leaders in Bull Markets with a defensive algorithm that invokes a Bear Market strategy to protect and grow your assets during downturns.
Boost returns by holding only momentum leaders
Choose from hundreds of ready-to-use strategies
Create custom strategies that fit your needs
Automatic trade signals with email alerts
Why Invest in the CGRO ETF?
Potential Benefits
- Active management by Capital Group's experienced team may identify mispriced growth opportunities that passive funds miss.
- Concentrated portfolio allows for meaningful exposure to the team's highest-conviction growth stocks.
- Potential to outperform during market cycles where stock selection matters more than broad index exposure.
- Access to Capital Group's proprietary research and long-term investment approach typically reserved for institutional investors.
- Lower turnover than many active funds, aligning with the firm's patient, long-term investment philosophy.
Potential Risks
- Active management risk - the fund may underperform its benchmark if investment decisions prove incorrect.
- Growth stocks can be more volatile and may underperform during periods of rising interest rates.
- Concentration risk - the focused portfolio may experience greater volatility than more diversified funds.
- Higher expense ratio than passive growth ETFs, requiring stronger performance to justify costs.
- Style risk - growth investing may fall out of favor during certain market environments.
Histogram
MACD
Signal
Base Line
RSI data unavailable or insufficient history.
RSI (14)
Overbought (70)
Oversold (30)
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2025 |
+3.8%
|
-1.1%
|
-1.7%
|
-1.1%
|
+4.2%
|
+2.2%
|
+1.0%
|
-
|
-
|
-
|
-
|
-
|
| 2024 |
+1.0%
|
+2.2%
|
+3.2%
|
-1.0%
|
+1.5%
|
+1.3%
|
+2.2%
|
+1.1%
|
+3.0%
|
+1.2%
|
+2.0%
|
-0.5%
|
| 2023 |
0.0%
|
0.0%
|
0.0%
|
0.0%
|
-0.6%
|
+0.6%
|
+3.1%
|
-0.5%
|
-3.8%
|
-1.4%
|
+6.4%
|
+3.0%
|
| 2022 |
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
| 2021 |
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
| 2020 |
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
| 2019 |
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
| 2018 |
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
| 2017 |
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
| 2016 |
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
0.0%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
| BABA |
ALIBABA GROUP HOLDING LTD ADR |
7.8 % |
| PDD |
PDD HOLDINGS INC ADR |
7.0 % |
| LKNCY |
LUCKIN COFFEE INC ADR |
5.3 % |
| TCOM |
TRIP.COM GROUP LTD ADR |
4.5 % |
| YMM |
FULL TRUCK ALLIANCE CO LTD ADR |
3.9 % |
| BEKE |
KE HOLDINGS INC ADR |
2.7 % |
| EH |
EHANG HOLDINGS LTD ADR |
2.5 % |
| FUTU |
FUTU HOLDINGS LTD ADR |
2.4 % |
| FGXXX |
FIRST AMERICAN GOVERNMENT OBLIGS X |
2.2 % |
| MNSO |
MINISO GROUP HOLDING LTD ADR |
2.1 % |
Top 10 holdings shown, out of 29 total holdings.
Related ETFs: CGRO vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
The Capital Group Growth ETF (CGRO) employs an active investment strategy focused on identifying high-quality U.S. growth companies with sustainable competitive advantages and above-average earnings growth potential. Unlike passive ETFs that track an index, CGRO's portfolio managers conduct fundamental research to select 30-50 stocks they believe can outperform over market cycles. The fund doesn't follow strict sector or market-cap constraints but typically invests in large-cap companies. Portfolio construction emphasizes conviction weighting rather than market-cap weighting, allowing the managers to overweight their highest-confidence ideas. The fund rebalances as needed based on ongoing research and valuation assessments rather than following a fixed schedule, reflecting Capital Group's patient, long-term approach to investing.
Frequently Asked Questions
How does CGRO differ from passive growth ETFs like VUG or SCHG?
CGRO is actively managed with a concentrated portfolio of 30-50 stocks selected by Capital Group's research team, while passive growth ETFs hold all stocks in their benchmark index and weight them by market capitalization.
What is CGRO's investment minimum?
As an ETF, CGRO has no minimum investment requirement beyond the price of one share, making it accessible to all investors through brokerage accounts.
Does CGRO pay dividends?
While focused on growth rather than income, CGRO may pay modest dividends from portfolio holdings that distribute earnings, though these are typically smaller than value-oriented funds.
How often does CGRO rebalance its portfolio?
CGRO doesn't follow a fixed rebalancing schedule but adjusts holdings as needed based on ongoing research and valuation assessments, consistent with Capital Group's long-term approach.
What types of companies does CGRO typically invest in?
CGRO primarily invests in U.S. companies with sustainable competitive advantages and above-average earnings growth potential, often in technology, healthcare, and consumer discretionary sectors.
Industry Overview
The Capital Group Growth ETF (CGRO) operates in the large-cap growth segment of the U.S. equity market. Growth investing focuses on companies expected to grow earnings at an above-average rate compared to the broader market. These companies often reinvest profits into expansion rather than paying dividends, typically found in technology, consumer discretionary, and healthcare sectors. The growth style tends to perform well during periods of economic expansion and low interest rates, but can face challenges when rates rise or during value-led market rotations. CGRO offers active exposure to this segment through Capital Group's research-driven approach, differentiating it from passive growth ETFs that simply track indexes.
Alternative Comparison
Compared to passive growth ETFs like SCHG or VUG that track indexes, CGRO offers active stock selection that may identify overlooked growth opportunities or avoid overvalued index components. Among active competitors, CGRO's concentrated portfolio differs from more diversified active funds, potentially offering greater upside from its best ideas but with higher single-stock risk. While ARKK also pursues active growth investing, CGRO focuses on more established companies rather than disruptive innovation. CGRO's expense ratio is competitive with other active growth ETFs but higher than passive alternatives, requiring the active management to add sufficient value to justify the cost difference. Unlike some active ETFs that frequently trade, CGRO's lower turnover aligns with Capital Group's long-term philosophy.
Issuer Overview
Capital Group is one of the world's largest and most experienced investment management organizations, with over 90 years of history managing money for institutions and individual investors. Known for its research-intensive approach and long-term perspective, Capital Group manages over $2 trillion in assets across mutual funds, ETFs, and institutional accounts. The firm is particularly recognized for its American Funds family and its distinctive multiple-counselor system, where investment decisions are made by teams of seasoned portfolio managers. CGRO represents Capital Group's entry into the actively managed ETF space, bringing its institutional-quality growth investing approach to ETF investors.
Conclusion
The Capital Group Growth ETF (CGRO) provides investors with actively managed exposure to U.S. growth stocks through one of the investment industry's most experienced firms. Its concentrated portfolio of high-conviction ideas, backed by Capital Group's extensive research capabilities, offers a differentiated approach to growth investing compared to both passive and many active alternatives. While the fund carries typical growth investing risks and active management uncertainty, it may appeal to investors seeking professional stock selection in the growth universe and who believe in Capital Group's long-term investment philosophy. As with any investment, potential investors should consider how CGRO fits within their overall portfolio strategy and risk tolerance.
Boost Your Returns with SectorSurfer
Award-winning investment strategy automation