1 Market-Beating ETF That Doesn't Have Nvidia, Microsoft, or Apple Among Its Top 3 Holdings

As an investor, you're always on the lookout for market-beating opportunities. But what if I told you there's an ETF that has outperformed the S&P 500 in recent years without relying on Nvidia, Microsoft, or Apple as its top holdings? Welcome to the American Century U.S. Quality Growth ETF (QGRO), a fund that offers broad exposure to top growth stocks while minimizing risk.



QGRO's secret sauce lies in its diversification strategy. With 200 stocks in its portfolio, the fund ensures that no single stock or sector dominates its performance. This approach helps reduce risk and enhances long-term performance. For instance, while tech stocks still play an important role in QGRO's performance, the fund has limited exposure to high-valuation tech giants like Nvidia, Microsoft, and Apple. By having only 3.8% of its portfolio in these three stocks combined, QGRO reduces the risk associated with their high valuations.



But QGRO's diversification doesn't stop at tech. The fund also allocates a significant portion of its portfolio to other sectors, such as consumer discretionary (16%), industrials (11%), and communication services (10%). This exposure to various sectors helps QGRO capture growth opportunities across multiple industries, reducing the risk of relying too heavily on a single sector or a few stocks.



So, if you're looking for an ETF that offers broad exposure to top growth stocks without the risk of relying on a few high-valuation tech giants, QGRO might be the perfect fit for your portfolio. With its strong performance track record and diversified approach, this fund has the potential to continue outperforming the market in the long run. But remember, as with any investment, it's essential to do your own research and consider your risk tolerance before making a decision.