The Large Cap Growth style ranks seventh out of the twelve fund styles as detailed in our 4Q22 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Large Cap Growth style ranked fifth. The category receives our Neutral rating, which is based on an aggregation of ratings of 46 ETFs and 749 mutual funds in the Large 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 Large Cap Growth style ETFs and mutual funds are created the same. The number of holdings varies widely (from 20 to 668). This variation creates drastically different investment implications and, therefore, ratings.