The All Cap Growth style ranks ninth out of the twelve fund styles as detailed in our 3Q20 Style Ratings for ETFs and Mutual Funds report. Last quarter, the All Cap Growth style ranked ninth as well. It gets our Neutral rating, which is based on an aggregation of ratings of 26 ETFs and 551 mutual funds in the All Cap Growth style as of July 21, 2020. See a recap of our 2Q20 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 the same. The number of holdings varies widely (from 14 to 2132). This variation creates drastically different investment implications and, therefore, ratings.