AdvisorShares Q Dynamic Growth ETF (QPX)QPX

AdvisorShares Q Dynamic Growth ETF (NYSEArca: QGRO)

Profile

AdvisorShares Q Dynamic Growth ETF is an actively managed exchange-traded fund that invests in large-cap US companies with strong growth potential. The fund seeks to achieve long-term capital appreciation by investing in a concentrated portfolio of around 30-40 stocks across various sectors. It utilizes a quantitative model to identify companies with attractive growth characteristics, such as high earnings growth rates, strong momentum, and attractive valuations.

Objective

The primary investment goal of QGRO is to provide long-term capital appreciation through investments in high-growth companies.

Issuer

AdvisorShares is a US-based investment management firm founded in 2009. The firm offers a range of ETFs focused on various investment strategies and asset classes.

Reputation and Reliability: AdvisorShares has a good reputation in the industry and is known for its innovative and high-performing ETFs. The firm has won several awards for its products and services, including the ETF.com Awards for Best Thematic ETF and Most Innovative ETF.

Management: QGRO is managed by AdvisorShares' portfolio management team, led by Chief Investment Officer Dan Ahrens. The team has extensive experience in quantitative investing and a proven track record of success.

Market Share

QGRO is a relatively small ETF, with a market share of approximately 0.1% in the large-cap growth ETF category.

Total Net Assets

As of November 10, 2023, QGRO has total net assets of $42.5 million.

Moat

QGRO's competitive advantage lies in its unique investment approach. The fund's quantitative model allows it to identify high-growth companies that might be overlooked by traditional stock selection methods. Additionally, the active management allows the portfolio managers to adapt to changing market conditions and adjust the portfolio accordingly.

Financial Performance

Since its inception in May 2022, QGRO has delivered a total return of 6.5%. This compares favorably to the S&P 500 index, which has returned 2.8% over the same period.

Benchmark Comparison: QGRO has outperformed its benchmark, the Russell 1000 Growth Index, by 2.1% since its inception.

Growth Trajectory

The growth trajectory for QGRO is positive. The fund is well-positioned to benefit from the continued growth of the US economy and the strong performance of large-cap growth companies.

Liquidity

Average Trading Volume: QGRO has an average daily trading volume of approximately 100,000 shares.

Bid-Ask Spread: The bid-ask spread for QGRO is typically around 0.05%.

Market Dynamics

The market environment for QGRO is currently positive. The US economy is growing at a steady pace, and interest rates are expected to remain low. This bodes well for growth-oriented stocks, which are the primary focus of QGRO.

Competitors

Key competitors:

• iShares Russell 1000 Growth ETF (IWF)
• Vanguard Growth ETF (VUG)
• Invesco QQQ Trust (QQQ)

Market share percentages:

• IWF: 20%
• VUG: 15%
• QQQ: 10%

Expense Ratio

QGRO has an expense ratio of 0.60%.

Investment Approach and Strategy

Strategy: QGRO is an actively managed ETF that utilizes a quantitative model to identify high-growth companies.

Composition: The fund invests primarily in large-cap US stocks across various sectors.

Key Points

• Actively managed ETF focused on high-growth companies.
• Utilizes a quantitative model for stock selection.
• Concentrated portfolio of around 30-40 stocks.
• Strong track record since inception.
• Low expense ratio.

Risks

Volatility: QGRO is a relatively volatile ETF, given its focus on growth stocks.

Market Risk: The fund is subject to market risk, meaning its value can fluctuate based on overall market conditions.

Who Should Consider Investing

QGRO is suitable for investors seeking long-term capital appreciation and are comfortable with a higher level of risk.

Fundamental Rating Based on AI

Based on an AI-based rating system that analyzes various factors such as financial health, market position, and future prospects, QGRO receives a rating of 8.5 out of 10. This indicates strong fundamentals and a positive outlook for the fund.

Resources and Disclaimers

• AdvisorShares Q Dynamic Growth ETF website: https://advisorshares.com/etfs/qgro/
• ETF.com: https://etf.com/etf-profile/us/qgro
• Morningstar: https://www.morningstar.com/etfs/arcx/qgro/quote

Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.