TAOZ vs TMFG: Grades, Fees and Holdings Compared

Thornburg American Opportunities Fund

TAOZCNasdaq

Motley Fool Global Opportunities ETF

TMFGCCboe

Overlap

3.4%by weight

Expense ratio

TAOZ −0.06pt a year

TAOZ0.79%TMFG0.85%

Avg volume · 30D

TMFG 6.1×the volume

TAOZ1.64KTMFG10K

TAOZ vs TMFG Performance

Jul 31, 2026 – Oct 30, 2026

+0.8%TAOZ−3.7%TMFG

Expense ratio: TAOZ 0.79%, better; TMFG 0.85%
Fund size: TAOZ $488M; TMFG $329M
1Y total return: TAOZ No data; TMFG −0.4%
Yield (12M): TAOZ No data; TMFG 0.27%
Holdings: TAOZ 44; TMFG 45
Avg volume (30D): TAOZ 1.64K sh; TMFG 10K sh, better
NAV per share: TAOZ $89.43; TMFG $30.24
52W range

ETF.net Grade

Pillar letters and Scores for TAOZ, TMFG, with each pillar’s weight
Pillar	TAOZ	TMFG
Cost30% weight	C42Higher	D27
Mission25% weight	Not scored	B64
Risk15% weight	A88Higher	C48
Tradability15% weight	C44	C49Higher
Holdings10% weight	C45	C53Higher
Durability5% weight	B59	A78Higher

Rank among Global Active Growth funds

How we build Categories ›

Same Category. TAOZ and TMFG are both graded against the same 8 Global Active Growth funds, so their Grades compare head to head.

Global Active Growth⁠

Category · 8 funds

See all 8 ›

TAOZ ranks 3rd and TMFG 5th of 8 funds in the Global Active Growth Category.

Rank 1ACGGOCapital Group Global Growth Equity ETFScore 72
Rank 2BWLTGWealthTrust DBS Long Term Growth ETFScore 56
Rank 3CTAOZThornburg American Opportunities FundScore 53
Rank 4CBGGGBaillie Gifford Long Term Global Growth ETFScore 50
Rank 5CTMFGMotley Fool Global Opportunities ETFScore 42
Rank 6CFFNDOne Global ETFScore 40

Our read on each fund

ETF.net Research

TAOZCThornburg American Opportunities Fund

TMFGCMotley Fool Global Opportunities ETF

In short

TAOZ No data

TMFG The Motley Fool's own asset-management arm runs this one: a focused, actively managed portfolio of quality growth companies, with at least 40% of assets outside the US. It started as a 2014 mutual fund and swapped into an ETF wrapper in 2021.

Stated mandate

TAOZ No data

TMFG The fund seeks long-term capital appreciation through an actively managed, focused portfolio of common stocks and depositary receipts, applying a quality-growth approach.

Why people hold it

TAOZ No data

TMFG Global by rule, not by accident: the prospectus commits to at least 40% of assets outside the US (30% if conditions are unfavorable), spread across three or more countries.sec.gov
One line on the fee sheet: 0.85% all in, with other expenses listed at 0.00%. That sits at the median for its focused global-growth peers and well under FFND's 1.61%.sec.gov
Not a new fund in ETF clothing. It opened in 2014 as a mutual fund and converted to an ETF in 2021, so the strategy has been run through real market cycles.fooletfs.com
The mandate is to stay fully invested and not time the market, so you get the managers' stock picks rather than a cash pile waiting for a dip.sec.gov

Worth knowing

TAOZ No data

TMFG Active-manager pricing: 0.85% a year is many times a plain global index fund, and cohort peer CGGO charges 0.47%.
Thinly traded next to big index ETFs, so spreads can be wider and size can move the price.
A focused book with no market-cap limits, and the prospectus expects small and mid caps in the mix, so single names carry real weight.sec.gov

Full TAOZ profile⁠

Full TMFG profile⁠

TAOZ vs TMFG Holdings

How TAOZ and TMFG differ

Overlap by weight

3.4%

Shared holdings make up 6.0% of TMFG and 4.9% of TAOZ.

Level by level

Holdings2 in both3.4%
Countryby domicile71.6%
Sector11 Sectors71.6%
Asset classEquity100%

Sector

Sector weights in TAOZ and TMFG, widest gap first
Sector	More in TAOZMore in TMFG	TAOZ	TMFG
Industrials	TMFG +18.4 points	5.6%	24.0%
Technology	TAOZ +10.4 points	22.5%	12.1%
Energy	TAOZ +5.3 points	5.3%	0.0%
Real Estate	TMFG +4.5 points	3.3%	7.8%
Financials	TAOZ +4.4 points	20.7%	16.3%
Utilities	TAOZ +3.8 points	3.8%	0.0%
Consumer Staples	TMFG +2.8 points	2.6%	5.4%
Health Care	TAOZ +2.8 points	10.6%	7.8%
Materials	TMFG +2.2 points	0.0%	2.2%
Consumer Discretionary	TAOZ +1.7 points	12.9%	11.2%
Communication	TMFG +0.6 points	12.7%	13.3%

Country, concentration and asset class

Country by domicile

Country weights in TAOZ and TMFG, widest gap first
Country	More in TAOZMore in TMFG	TAOZ	TMFG
United States	TAOZ +13.9 points	69.3%	55.4%
Philippines	TMFG +6.6 points	0.0%	6.6%
United Kingdom	TMFG +4.8 points	2.2%	7.0%
Taiwan	TMFG +4.8 points	0.0%	4.8%
South Korea	TAOZ +3.8 points	3.8%	0.0%
France	TAOZ +3.7 points	3.7%	0.0%
Mexico	TAOZ +2.6 points	2.6%	0.0%
China	TMFG +2.4 points	0.0%	2.4%
Other countries (10)	TMFG +5.4 points	18.4%	23.8%

Outside the US: TMFG 63% developed, 37% emerging.

Concentration

Weight in the 10 largest Holdings

TAOZ40.2%
TMFG42.2%

Securities held

TAOZ43
TMFG42

Asset class

TAOZ: Equity
TMFG: Equity

Holdings

Only in TAOZ41
In both2
Only in TMFG40

Only in TAOZ

41 securities, 94.5% of TAOZ by weight

Apple, Inc.5.24%
Eli Lilly & Co.4.93%
Alphabet, Inc.4.28%
Round One Corp.4.23%
Samsung Electronics Co. Ltd.3.81%
IQVIA Holdings, Inc.3.79%
Meta Platforms, Inc.3.60%
SharkNinja, Inc.3.55%
Colliers International Group, Inc.3.41%
Constellation Software, Inc./Canada3.33%
The Charles Schwab Corp.3.19%
Citigroup, Inc.2.67%
Arca Continental S.A.B. de C.V.2.58%
Coherent Corp.2.52%
Lumine Group, Inc.2.49%
Talen Energy Corp.2.47%
Marex Group Ltd.2.41%
LPL Financial Holdings, Inc.2.41%
Teleperformance SE2.20%
Shell plc2.18%
CCC Intelligent Solutions Holdings, Inc.2.14%
Medtronic plc2.13%
TransUnion2.09%
Uber Technologies, Inc.2.06%
Techtronic Industries Co. Ltd.1.72%
The Progressive Corp.1.69%
Booking Holdings, Inc.1.67%
Deutsche Telekom AG1.54%
Capital Power Corp.1.53%
L3Harris Technologies, Inc.1.47%
TotalEnergies SE1.46%
Adobe, Inc.1.21%
Somnigroup International, Inc.1.15%
The TJX Cos, Inc.1.08%
Capital One Financial Corp.1.08%
Raymond James Financial, Inc.1.07%
Regions Financial Corp.1.04%
Deckers Outdoor Corp.0.99%
Liberty Energy, Inc.0.92%
SLB Ltd.0.78%
Builders FirstSource, Inc.0.35%

Only in TMFG

40 securities, 91.1% of TMFG by weight

International Container Terminal Services Inc6.45%
Amazon.com Inc4.67%
Taiwan Semiconductor Manufacturing Co Ltd4.45%
Waste Connections Inc4.29%
Alphabet Inc4.06%
Nintendo Co Ltd3.83%
Equinix Inc3.27%
Fastenal Co3.07%
London Stock Exchange Group PLC3.01%
StoneX Group Inc2.92%
Dexcom Inc2.69%
American Tower Corp2.54%
Waters Corp2.50%
Watsco Inc2.48%
Axon Enterprise Inc2.47%
Brookfield Asset Management Ltd2.41%
Yum China Holdings Inc2.38%
Aon PLC2.32%
Sunbelt Rentals Holdings Inc2.30%
Kerry Group PLC2.24%
Symrise AG2.24%
Salesforce Inc2.12%
Relx PLC2.08%
MercadoLibre Inc1.96%
Nokia Oyj1.92%
Costco Wholesale Corp1.87%
Fabrinet1.84%
Canadian National Railway Co1.83%
ServiceNow Inc1.44%
Cellnex Telecom SA1.27%
Autodesk Inc1.14%
Close Brothers Group PLC1.13%
SBA Communications Corp1.12%
Abbott Laboratories0.97%
Universal Music Group NV0.81%
Icon PLC0.74%
Alphatec Holdings Inc0.73%
Rentokil Initial PLC0.72%
Cellebrite DI Ltd0.52%
Safaricom PLC0.31%

Weight gaps

All 2 Holdings in both funds, largest gap first.

Holding weights in TAOZ and TMFG, widest gap first
Holding	More in TAOZMore in TMFG	TAOZ	TMFG
Mastercard, Inc.MA	TMFG +2.66 points	2.45%	5.11%
Netflix, Inc.NFLX	TAOZ +1.51 points	2.42%	0.91%

All TAOZ holdings⁠All TMFG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

TAOZ vs TMFG Cost

Overpaying TMFG vs TAOZ

$1,025

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

TAOZ 0.79%
$15,174
TMFG 0.85%
$16,199

Amount$10,000

Years30 years

Cost over time

TAOZ 0.79%
TMFG 0.85%
Overpaying

Year by year

Year	TAOZ	TMFG	Overpaying
10	$1,405	$1,508	$103
20	$5,331	$5,706	$375
30	$15,174	$16,199	$1,025

Expense ratio

0.79%TAOZ, cheaper
0.85%TMFG

TAOZ0.79%TMFG0.85%

0.47%0.98%

Middle half of Global Active Growth funds
Median 0.79%

TAOZ 4th cheapest of 8 funds

TMFG 6th cheapest of 8 funds

TAOZ vs TMFG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): TAOZ No data; TMFG 0.27%
Payout (12M): TAOZ None; TMFG $0.08
Last payment: TAOZ No data; TMFG $0.08
Ex-dividend: TAOZ No data; TMFG Dec 18, 2025
Paid on: TAOZ No data; TMFG Dec 19, 2025
Frequency: TAOZ No data; TMFG Annual

Distribution history

Per share, 2022 to 2026, same scale for both

TAOZAll TAOZ payments⁠

No distribution history available.

TMFGAnnual · 4 paymentsAll TMFG payments⁠

TAOZ vs TMFG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: TAOZ No dataTMFG 13.0%
Return per unit of riskSharpe ratio, 3 years: TAOZ No dataTMFG 0.65
Worst fallMax drawdown, 5 years: TAOZ No dataTMFG −33.7%since Dec 2021
Market sensitivityBeta, 5 years: TAOZ 0.96TMFG 1.01; Market = 1

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