The Large Cap Growth style ranks fifth out of the twelve fund styles detailed in our 4Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Large Cap Growth style ranked fifth as well. The category receives our Neutral rating, which is based on aggregate ratings of 49 ETFs and 644 mutual funds in the Large Cap Growth style as of October 17, 2023. See a recap of our 3Q23 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 equal. The number of holdings varies widely (from 17 to 663). This variation creates drastically different investment implications and, therefore, ratings.