QGRW Outperforms Growth ETFs
Summary
- The WisdomTree US quality growth fund ETF has outperformed the S&P 500 with a return of ~50% YTD, and growth funds too.
- The fund focuses on large-to-mid-cap US stocks that display both growth and quality characteristics, with top holdings, including Apple, Microsoft, Alphabet, NVIDIA, and Amazon.
- While some of its holdings could have a downside next year, broadly speaking it looks like a good one to Buy for the medium to long term.
Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth Giants, takes the theme a step further from LTT with a deeper dive into opportunities presented by the segment.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in QGRW over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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