The All Cap Growth style ranks ninth out of the twelve fund styles as detailed in our 4Q22 Style Ratings for ETFs and Mutual Funds report. Last quarter, the All Cap Growth style ranked ninth as well. The category receives our Neutral rating, which is based on an aggregation of ratings of 48 ETFs and 412 mutual funds in the All Cap Growth style as of October 19, 2022. See a recap of our 3Q22 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 17 to 3,445). This variation creates drastically different investment implications and, therefore, ratings.