NVIDIA

Microsoft

Apple

ServiceNow

Costco

Arista Networks

Amazon

Eaton

Alphabet

Congress Large Cap Growth ETF

CAML is an actively managed fund that seeks long-term capital growth through investments in large-cap companies believed to be experiencing or will experience earnings growth.

On August 21, 2023, Congress Asset Management launched CAML, an ETF that follows a similar strategy as its well established large-cap growth mutual fund. CAML's expense ratio is 0.65%. CAML has lagged behind its large-cap growth peers since its inception, but most is attributed to 5-6% underweighting of Nvidia. Otherwise, the long-return returns of Congress' mutual fund is solid. Still, I expected better growth and quality metrics, considering that's what Congress Asset Management advertises. In addition, CAML's P/E ranks only in the third quartile among large-cap growth ETFs.

CAML: New Large-Cap Growth ETF Lags Out The Gate, But Can It Recover?

Congress Smid Growth Etf

Congress Asset Management Company has launched two active equity growth ETFs on the New York Stock Exchange. The ETFs seek long-term capital appreciation by targeting stocks with the potential for above-average long-term earnings and/or cash flow growth.

Congress Asset Management Launches 2 Active Equity Growth ETFs

News for Congress Large Cap Growth ETF ETF (CAML)