This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example: You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information. The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders. These additional risks may be even greater in bad or uncertain market conditions. The ETF will publish on its website each day a “Tracking Basket” designed to help trading in shares of the ETF. While the Tracking Basket includes some of the ETF’s holdings, it is not the ETF’s actual portfolio. The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of these ETFs, see the disclosure below and the Principal Risks section of the prospectus.
Objective
Seeks capital appreciation
Overview
An opportunistic growth fund that looks for early signs of accelerating fundamentals.
The portfolio managers are supported by the full resources of Wellington.
Performance
SI = Since Inception. Fund Inception: 11/09/2021
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
ETF shares are bought and sold at market price, not net asset value (NAV). Total returns are calculated using the daily 4:00 p.m. Eastern Time NAV. Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns an investor would receive if they traded shares at other times. Brokerage commissions apply and will reduce returns.
Characteristics
# of Holdings | 55 |
% in Foreign Equities | 1 |
Active Share | 64% |
% in Equities | 98 |
As of Date | 4/30/2023 |
Price/Earnings | 23.1x |
Price/Book | 7.0x |
EPS Growth Rate | 20.7% |
Asset Weighted Market Cap (billions) | $606.6 |
Return on Equity | 26.2% |
Median Market Cap (billions) | $40.6 |
Less than $2 billion | 0 | |
$2 billion - $5 billion | 0 | |
$5 billion - $10 billion | 4 | |
Greater than $10 billion | 92 | |
Not Classified | 4 |
Ticker | HFGO |
CUSIP | 41653L883 |
IOPV TICKER | HFGO.IV |
Stock Exchange | Cboe BZX Exchange, Inc. |
Close | $14.64 |
Change | $0.29 |
Change % | 2.04% |
Net Asset Value(NAV) | $14.63 |
NAV Change | $0.27 |
NAV Change % | 1.88% |
Premium/Discount | 0.05% |
30 Day Median Bid/Ask Spread |
0.29% |
Tracking Basket Weight Overlap |
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Insights