Correlation
The correlation between ESGY and QGRO is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
ESGY vs. QGRO
Compare and contrast key facts about American Century Sustainable Growth ETF (ESGY) and American Century STOXX U.S. Quality Growth ETF (QGRO).
ESGY and QGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESGY is a passively managed fund by American Century Investments that tracks the performance of the Russell 1000 Growth. It was launched on Jun 29, 2021. QGRO is a passively managed fund by American Century Investments that tracks the performance of the iSTOXX American Century USA Quality Growth (USD)(GR). It was launched on Sep 10, 2018. Both ESGY and QGRO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESGY or QGRO.
Performance
ESGY vs. QGRO - Performance Comparison
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Key characteristics
ESGY:
0.35
QGRO:
1.13
ESGY:
0.67
QGRO:
1.49
ESGY:
1.10
QGRO:
1.21
ESGY:
0.35
QGRO:
1.00
ESGY:
1.13
QGRO:
3.41
ESGY:
7.62%
QGRO:
7.00%
ESGY:
24.57%
QGRO:
23.65%
ESGY:
-34.54%
QGRO:
-32.57%
ESGY:
-6.49%
QGRO:
-4.73%
Returns By Period
In the year-to-date period, ESGY achieves a -2.58% return, which is significantly lower than QGRO's 5.04% return.
ESGY
-2.58%
8.18%
-1.55%
10.43%
16.76%
13.72%
N/A
QGRO
5.04%
7.56%
1.25%
26.53%
19.92%
17.47%
N/A
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ESGY vs. QGRO - Expense Ratio Comparison
ESGY has a 0.39% expense ratio, which is higher than QGRO's 0.29% expense ratio.
Risk-Adjusted Performance
ESGY vs. QGRO — Risk-Adjusted Performance Rank
ESGY
QGRO
ESGY vs. QGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Sustainable Growth ETF (ESGY) and American Century STOXX U.S. Quality Growth ETF (QGRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
ESGY vs. QGRO - Dividend Comparison
ESGY's dividend yield for the trailing twelve months is around 0.22%, less than QGRO's 0.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
ESGY American Century Sustainable Growth ETF | 0.22% | 0.23% | 0.37% | 0.48% | 0.58% | 1.44% | 0.00% | 0.00% |
QGRO American Century STOXX U.S. Quality Growth ETF | 0.27% | 0.25% | 0.41% | 0.46% | 0.31% | 0.22% | 0.38% | 0.13% |
Drawdowns
ESGY vs. QGRO - Drawdown Comparison
The maximum ESGY drawdown since its inception was -34.54%, which is greater than QGRO's maximum drawdown of -32.57%. Use the drawdown chart below to compare losses from any high point for ESGY and QGRO.
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Volatility
ESGY vs. QGRO - Volatility Comparison
American Century Sustainable Growth ETF (ESGY) and American Century STOXX U.S. Quality Growth ETF (QGRO) have volatilities of 5.48% and 5.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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