The Large Cap Growth style ranks fifth out of the twelve fund styles detailed in our 1Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Large Cap Growth style ranked seventh. The category receives our Neutral rating, which is based on aggregate ratings of 45 ETFs and 668 mutual funds in the Large Cap Growth style as of January 19, 2023. See a recap of our 4Q22 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 20 to 756). This variation creates drastically different investment implications and, therefore, ratings.