American Century U.S. Quality Growth ETF
QGRO
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Sep 12, 2018
- CIK
- 0001710607
- Website
- americancentury.com
- Similar Companies
- Business
- American Century U.S. Quality Growth ETF (QGRO) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the American Century U.S. Quality Growth Index, which targets large- and mid-capitalization U.S. companies exhibiting attractive quality, growth, and valuation fundamentals; the index applies a rules-based methodology to screen the S-Network US Equity Large/Mid-Cap 1000 Index constituents for profitability, return on assets, return on equity, leverage, and momentum, then calculates a growth score incorporating sales, earnings, cash flow growth, price-to-earnings, and price-to-book ratios, dynamically allocating between stable-growth and high-growth stocks based on risk-adjusted returns with monthly rebalancing in 15% increments and position limits to manage risk. The ETF holds approximately 186 securities, with top sectors including information technology (38.6%), communication services (14.6%), health care (12.9%), industrials (11.5%), and consumer discretionary (11.3%); leading holdings as of September 30, 2025, comprise Alphabet Inc. (4.0%), Mastercard Inc. (3.2%), Booking Holdings Inc. (3.2%), AppLovin Corp. (3.1%), and Netflix Inc. (2.9%), representing about 29.4% of total assets under management of roughly $2.0 billion; it distributes dividends quarterly with a gross expense ratio of 0.29% and trades on NYSE Arca. QGRO serves investors seeking enhanced core growth exposure through a passive, physically replicated strategy emphasizing larger, less volatile companies while mitigating company-specific risk via broad diversification. Launched on September 10, 2018, and issued by American Century Investments--a privately held asset manager founded in 1958 and headquartered at 4500 Main Street in Kansas City, Missouri, with approximately 1,400 employees and additional offices in New York, London, Hong Kong, and Sydney--QGRO operates within the large growth segment of the U.S. equity market, targeting institutional and retail investors focused on style box all-cap growth strategies. On May 31, 2023, American Century STOXX U.S. Quality Growth ETF was renamed American Century U.S. Quality Growth ETF and shifted to tracking the proprietary American Century U.S. Quality Growth Index from the prior iSTOXX American Century USA Quality Growth Index, aiming to refine dynamic allocation between stable and high-growth profiles for more consistent U.S. growth exposure. In November 2025, American Century Investments, through its Avantis Investors division, entered a strategic alliance with CIBC Asset Management Inc. to launch eight new Avantis CIBC ETFs in Canada, expanding ETF offerings via this cross-border partnership. Recent portfolio reweightings in QGRO reflect market movements, with ongoing adjustments to maintain alignment with the index's growth and quality screens amid volatility.