Key stats
About Zacks Focus Growth ETF
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Inception date
Dec 5, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Zacks Investment Management, Inc.
Distributor
Northern Lights Distributors LLC
ISIN
US98888G8087
GROZ actively selects a portfolio of US companies demonstrating strong fundamentals and superior growth potential. Growth criteria are measured by Zacks proprietary assessment for strong earnings growth potential through upward earnings revisions and projected growth rates. Companies selected are considered to be favorable for long-term investment opportunities according to the fund advisor. The portfolio may contain exposure to any economic sector, and positions adjusted when they no longer seem attractive. The portfolio is constructed from US companies and consists of 40 to 120 positions, seeking to outperform a broad-based market index through quantitative and qualitative analysis. Regular monthly rebalancing occurs, though frequency may vary with events like mergers. The fund is non-diversified, allowing a high percentage of assets to concentrate in a few issuers.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stocks97.79%
Technology Services29.24%
Electronic Technology27.99%
Retail Trade11.92%
Finance7.23%
Health Technology5.18%
Consumer Durables4.08%
Distribution Services4.07%
Producer Manufacturing2.37%
Consumer Services2.06%
Industrial Services1.66%
Transportation1.09%
Consumer Non-Durables0.91%
Bonds, Cash & Other2.21%
Cash2.21%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GROZ invests in stocks. The fund's major sectors are Technology Services, with 29.24% stocks, and Electronic Technology, with 27.99% of the basket. The assets are mostly located in the North America region.
GROZ top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 8.80% and 8.34% of the portfolio correspondingly.
GROZ assets under management is 36.44 M USD. It's risen 15.89% over the last month.
GROZ fund flows account for 29.00 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, GROZ doesn't pay dividends to its holders.
GROZ shares are issued by The Greenwood Trust under the brand Zacks. The ETF was launched on Dec 5, 2024, and its management style is Active.
GROZ expense ratio is 0.56% meaning you'd have to pay 0.56% of your investment to help manage the fund.
GROZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GROZ invests in stocks.
GROZ price has risen by 2.76% over the last month, and its yearly performance shows a 14.12% increase. See more dynamics on GROZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.02% over the last month, showed a 12.89% increase in three-month performance and has increased by 15.85% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.02% over the last month, showed a 12.89% increase in three-month performance and has increased by 15.85% in a year.
GROZ trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.