Category Review
Index option income was not one bet this year
CoreValues Alpha Greater China Growth ETF
$16.33+0.03 (+0.17%)
- 0.85%
- $2M
- −27.9%
- 30.21%
- 0M sh
- $16.35
- low $15.86high $30.98
The ETF.net CGRO Grade
D
Score 36 out of 100
- 27 of 30
Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 36
- This cap took
- −0
- Published Score
- 36
Cost
The fund’s net expense ratio, ranked against its category.F14 out of 100Rank 26 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.A80 out of 100Rank 11 of 22Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F24 out of 100Rank 25 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D27 out of 100Rank 23 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D29 out of 100Rank 24 of 28Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D27 out of 100Rank 25 of 30
Our read on CGRO
DMost China funds hand you the index and shrug at what's inside. CGRO is actively run around a "core values" screen: chase Greater China growth while steering clear of US sanctions and national-security tripwires.
The fund primarily invests in equity securities of growth companies with exposure to the economies of Greater China.
Why people hold it
- A live manager choosing the Greater China growth names it wants, screened against US sanctions and national-security concerns, rather than buying the index wholesale.sec.gov
- Greater China read broadly: mainland, Hong Kong and Taiwan, plus the ability to own US-listed companies that lean on China for their own growth.sec.govnasdaq.com
- The portfolio stays close to the Greater China growth mandate on the tin, one of the cleaner mandate-to-holdings matches among its China peers.
Worth knowing
- At 0.75% it runs above the 0.70% median for China funds, and well above index rivals like FLCH (0.19%) and JCHI (0.15%). Active screening is not free.
- A small, thinly traded fund. Spreads can be wider than the category's giants, and the bid-ask matters more than the headline fee on small trades.
- Non-diversified and single-country: a concentrated book in one market, so China policy and sanctions news land hard.sec.gov
CGRO Holdings
- Stocks
- 31
- 63%
- BABA
Sectors
- Consumer Discretionary47.1%
- Technology17.9%
- Industrials12.6%
- Communication9.3%
- Health Care8.6%
- Financials3.2%
- Real Estate1.2%
Geography
- China90.46%
- United States4.30%
- Ireland3.04%
- Hong Kong1.87%
- Singapore0.32%
Developed 5% · Emerging 95%
CGRO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
CGRO$7,206
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CGRO |
|---|---|
| Year to date | −23.5% |
| 1 month | −1.7% |
| 3 months | −4.4% |
| 1 year | −27.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CGRO |
|---|---|---|
| 2026 YTD | −23.5% | |
| 2025 | +20.3% | |
| 2024 | +14.7% | |
| 2023 | +2.1% |
CGRO in the news
CGRO Dividends
- 30.21%
- $4.92
- $4.17 per share
- Twice a year
Distribution history
CGRO Risk
- 24.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.06
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −36.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CGRO Cost
0.85%
CGRO0.85%
- The middle half of China funds
- Median 0.65%
24 of the 29 China funds charge less.
Other funds in China
- DCASSimplify China A Shares PLUS Income ETFExpense ratio 0.88%1 year return +11.5%
- DMCHSMatthews China Discovery Active ETF MCHSExpense ratio 0.99%1 year return +21.0%
- DCNQQRayliant-ChinaAMC Transformative China Tech ETFExpense ratio 0.75%1 year return −11.7%
- DKTECKraneShares Hang Seng TECH Index ETFExpense ratio 0.69%1 year return −31.4%
- DKSTRKraneShares China Technology & Semiconductor STAR 50 Index ETFExpense ratio 0.89%1 year return +10.9%