The All Cap Growth style ranks tenth out of the twelve fund styles detailed in our 2Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the All Cap Growth style ranked eleventh. The category receives our Unattractive rating, which is based on aggregate ratings of 42 ETFs and 404 mutual funds in the All Cap Growth style as of April 25, 2023. See a recap of our 1Q23 Style Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the style. Not all All Cap Growth style ETFs and mutual funds are created equal. The number of holdings varies widely (from 17 to 3,335). This variation creates drastically different investment implications and, therefore, ratings.