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GROZZacks Focus Growth ETF

Grow my money1y track recordRanked #1,750 of 2,960 in this goal

Seeks long-term total returns while minimizing capital loss.

By Zacks Funds · Launched 2024

Annual Cost

0.55%

#2,811 of 5,562 · average

Fund Size

$90M

#3,049 of 5,562 · mid-size

Return (1Y)Goal

+24.4%

Track Record

1 year

#3,983 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$12,531+25.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Cap

Multi cap

Strategy

Active selection

Factor

Growth

What it actually holds

By weight

Concentration

Top 10 holdings = 58.1% of fundmoderately concentrated

NVIDIA Corp.
8.5%
Apple Inc.
8.3%
Microsoft Corp.
7.9%
Alphabet Inc.
7.4%
Broadcom Inc
5.8%
Amazon.com, Inc.
4.9%
Tesla Inc
4.5%
Meta Platforms Inc
3.9%
Eli Lilly & Co.
3.6%
Netflix, Inc.
3.3%

Asset allocation

Stocks
98.4%
Cash
1.6%

By sector

Technology
44.7%
Communication
14.9%
Consumer Cyclical
14.6%
Healthcare
7.8%
Industrials
6.8%
Financial Services
6.0%
Consumer Defensive
4.6%
Energy
0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
15.7%Moderate

Year-on-year price swings

Max drawdown
-23.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks long-term total returns while minimizing capital loss.
Strategy
Invests primarily in U.S. growth companies with strong earnings growth potential, using both quantitative and qualitative analysis. Actively managed, the portfolio typically includes 40 to 120 positions and is rebalanced monthly to outperform the Russell 1000 Growth Index.
Inception date
December 4, 2024
Fund family
Zacks Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

95.2%
TE
4.8%
Beta
0.97
Fee
4× 0.15%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + high_r_squared+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19