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Launched

CoreValues Alpha Greater China Growth ETF

CGRONYSE ArcaCoreValues AlphaD

$15.51−0.37 (−2.34%) past 5 days

As of Nov 2, 2026, 10:00 AM ET

D35/ 100

Rank 26 of 30 in China

D35/100Rank 26 of 30inChina
5D price: down, 5 points from 15.88 to 15.51. Range 15.51 to 15.88. Use the arrow keys to read each point.15.6015.7015.8015.90Oct 27Oct 28Oct 29Oct 30Nov 2
Market opens at 9:30 AM ET.
Expense ratio
0.89%
Fund size
$2M
1Y total return
−33.0%
Yield · Last 12 months
31.75%
Holdings
31
Avg volume · 30D
594 sh
52W range
low $15.47high $29.92
Launched

The ETF.net CGRO Grade

D

Score 35 out of 100

Category
China⁠
Rank
26 of 30
Six-pillar profile for CGRO. Scores out of 100: Cost 10, Risk 28, Mission 79, Tradability 30, Holdings 31, Durability 27. Strongest: Mission (79). Weakest: Cost (10). Leans toward Mission.

Score 35 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
35 Grade D

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F10 out of 100
    Rank 26 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A79 out of 100
    Rank 11 of 22

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D28 out of 100
    Rank 24 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D30 out of 100
    Rank 24 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D31 out of 100
    Rank 24 of 29

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D27 out of 100
    Rank 25 of 30

Our read on CGRO

ETF.net Research

In short

DMost China ETFs hand you an index and hundreds of tickers. CGRO goes the other way: a concentrated 30-to-40 stock book, built from top-down sector calls across the mainland, Hong Kong and Taiwan, at 0.89%.

Stated mandate

The fund primarily invests in equity securities of growth companies with exposure to the economies of Greater China.

Why people hold it

  • Active in the real sense: the team ranks Greater China sectors by growth potential first, then picks the stocks, landing on 30 to 40 names instead of an index roster.sec.govsec.gov 2
  • "Greater China" here covers the mainland, Hong Kong and Taiwan, and the screen is revenue-based (companies with above 15% of sales from the region), not listing-based.cvafunds.comsec.gov
  • Reaches mainland A-shares directly through Stock Connect alongside ADRs and Hong Kong listings, so it is not boxed into a single listing venue.sec.govcvafunds.com

Worth knowing

  • At 0.89% the fee sits above the China-fund median; index-tracking peers come cheaper, FLCH at 0.19% and CXSE at 0.32%.
  • A small fund that trades lightly, so spreads can widen and bigger orders can move the price more than in the category's giants.
  • Non-diversified by design: a handful of positions can drive results, and single-country China exposure carries policy and currency swings.sec.gov

CGRO Holdings

Holdings pillarD31 out of 100Rank 24 of 29 in China
Asset class
Stocks
Holdings
31
Top-10 weight
64%
Largest holding
BABA9.8%

Sectors

  • Consumer Discretionary48.0%
  • Technology17.9%
  • Industrials12.6%
  • Communication8.9%
  • Health Care8.2%
  • Financials3.2%
  • Real Estate1.2%

Geography

  • China90.57%
  • United States4.81%
  • Hong Kong4.62%

Developed 5% · Emerging 95% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1BABAAlibaba Group Holding Ltd9.82%0$152K75
2LKNCYLuckin Coffee Inc7.98%0$123K9
30700.HKTencent Holdings Ltd7.78%0$120K152
4603259.SSWuXi AppTec Co Ltd7.48%0$116K62
5300866.SZAnker Innovations Technology Co Ltd5.99%0$92.6K57
61519.HKJ&T Global Express Ltd5.67%0$87.6K59
71810.HKXiaomi Corp5.44%0$84K98
8TSLATesla Inc4.71%0$72.8K528
93690.HKMeituan4.45%0$68.8K105
10600066.SSYutong Bus Co Ltd4.36%0$67.5K66
11000333.SZMidea Group Co Ltd3.82%0$59K70
129880.HKUBTech Robotics Corp Ltd3.29%0$50.8K67
13PDDPDD Holdings Inc3.18%0$49.1K153
14NTESNetease Inc2.83%0$43.8K48
151211.HKBYD Co Ltd2.80%0$43.3K78

Showing 1–15 of 31 holdings

CGRO Performance

Launched Oct 16, 2023

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.
CGRO$6,699
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. CGRO $6,699. SPY $11,199. Use the arrow keys to read each point.$8,000$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for CGRO. Periods over one year show the average yearly return.
PeriodCGRO
Year to date−27.2%
1 month−5.0%
3 months−14.6%
1 year−33.0%
3 yearsper year+1.4%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CGRO
YearReturn barCGRO
2026 YTD−27.2%
2025+20.3%
2024+14.7%
2023+2.1%

History from Oct 17, 2023

CGRO in the news

CGRO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
31.75%Last 12 months
Payout per share
$4.92Last 12 months
Last payment
$4.17 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2023–2026

One bar per payment. 5 payments from 2023 to 2026 YTD. Dec 27, 2023 $0.04; Dec 23, 2024 $0.57; Dec 29, 2025 $0.67; Mar 25, 2026 $0.08; Sep 29, 2026 $4.17. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 29, 2026Sep 30, 2026$4.17
Mar 25, 2026Mar 31, 2026$0.08
Dec 29, 2025Dec 30, 2025$0.67
Dec 23, 2024Dec 26, 2024$0.57
Dec 27, 2023Dec 29, 2023$0.04

$10,000 in CGRO 3 years ago paid $2,715 in dividends.

CGRO Risk

Risk pillarD28 out of 100Rank 24 of 30 in China
How much the fund’s monthly returns vary, scaled to a year.
24.4%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.01
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−38.0%
36 months · trough Oct 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.24
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

CGRO Cost

Compare CGRO and FLCH

Overpaying vs FLCH, cheapest in China

$12,920

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CGRO 0.89%

    $16,872

  • FLCH 0.19% Cheapest

    $3,952

$10,000
30 years

Cost over time

  • CGRO 0.89%
  • FLCH 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530CGRO $16,872FLCH $3,952

Year by year

YearCGROFLCHOverpaying
10$1,576$347$1,229
20$5,953$1,351$4,602
30$16,872$3,952$12,920

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