BGRO vs. CNEQ ETF Comparison
Comparison of BlackRock Large Cap Growth ETF (BGRO) to Alger Concentrated Equity ETF (CNEQ)
BGRO
BlackRock Large Cap Growth ETF
BGRO Description
Under normal circumstances, the fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in large cap equity securities and derivatives that have similar economic characteristics to such securities. For purposes of the fund"s 80% policy, large cap equity securities are equity securities that at the time of purchase have a market capitalization within the range of companies included in the Russell 1000® Growth Index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$33.31
Average Daily Volume
206
32
CNEQ
Alger Concentrated Equity ETF
CNEQ Description
CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.Grade (RS Rating)
Last Trade
$24.50
Average Daily Volume
3,932
25
Performance
| Period | BGRO | CNEQ |
|---|---|---|
| 30 Days | 5.04% | 6.02% |
| 60 Days | 13.48% | 18.92% |
| 90 Days | 13.98% | 20.18% |
| 12 Months |
16 Overlapping Holdings
| Symbol | Grade | Weight in BGRO | Weight in CNEQ | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 8.36% | 8.58% | 8.36% | |
| AMZN | A | 9.99% | 8.1% | 8.1% | |
| ASML | F | 2.4% | 0.93% | 0.93% | |
| AVGO | B | 4.32% | 3.17% | 3.17% | |
| CDNS | B | 3.34% | 1.9% | 1.9% | |
| DHR | D | 0.95% | 2.35% | 0.95% | |
| ISRG | B | 1.68% | 2.19% | 1.68% | |
| LLY | F | 3.5% | 2.28% | 2.28% | |
| META | C | 6.64% | 6.47% | 6.47% | |
| MSFT | D | 10.58% | 13.34% | 10.58% | |
| NFLX | A | 2.76% | 2.0% | 2.0% | |
| NVDA | A | 14.9% | 13.04% | 13.04% | |
| SPGI | D | 1.49% | 2.14% | 1.49% | |
| TSLA | A | 1.47% | 1.1% | 1.1% | |
| V | A | 4.31% | 2.15% | 2.15% | |
| VRT | A | 1.75% | 2.15% | 1.75% |
BGRO: Top Represented Industries & Keywords
CNEQ: Top Represented Industries & Keywords
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