Strive 1000 Growth ETF retains its Morningstar Medalist Rating of Silver. The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.  

 The strategy's investment process inspires confidence and earns an Above Average Process Pillar rating. Independent of the rating, analysis of the strategy's portfolio shows it has maintained an underweight position in quality exposure and an overweight in yield exposure compared with category peers. Low quality exposure is attributed to stocks with higher financial leverage and lower profitability. And a high yield exposure is rooted in holding high dividend-paying or buyback stocks. The team managing this passive strategy earns a Below Average People Pillar rating. The strategy's parent firm has some investor-friendly attributes, like overall reasonable fees and continuity among portfolio managers. As a result, the firm gets an Average Parent Pillar rating.

Analyst Rating

Microsoft

Apple

NVIDIA

Amazon

Alphabet

Eli Lilly

Broadcom

Tesla

Morningstar's evaluation of this security's process aims to determine the likelihood that it will outperform its Morningstar Category index on a risk-adjusted basis over the long term. Strive 1000 Growth ETF earns an Above Average Process Pillar rating. The leading factor in the rating is that this fund tracks an index. Historical data, such as Morningstar's Active/Passive Barometer, finds that passively managed funds have generally outperformed their active counterparts, especially over longer time horizons. The firm's five-year retention rate of 100% also supports the rating. Lastly, the process is limited by the experience of the management team, which averages one year at this fund.

The investment strategy as stated in the fund's prospectus is:  The investment seeks to track the total return performance, before fees and expenses, of the Bloomberg U.S. 1000 Growth Index composed of large- and mid-capitalization U.S. equity securities that exhibit growth characteristics.  Under normal circumstances, substantially all of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index. The fund will concentrate its investments (i.e., and hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the index is concentrated. 

 The portfolio has allocations in its top two sectors, industrials and consumer defensive, that are similar to the category. The sectors with low exposure compared to category peers are consumer cyclical and communication services; however, the allocations are similar to the category. The portfolio is positioned across 699 holdings and is less top-heavy than peers. Specifically, 41.5% of the portfolio's assets are concentrated within the top 10 fund holdings, as opposed to the category’s 54.8% average. And finally, in terms of portfolio turnover, looking at year-over-year movements, 2% of the fund's holdings have turned over, whether through increasing, decreasing, or changing a position.

Above Average

Process

Strive Asset Management’s team receives a Below Average People Pillar rating. The team benefits from the firm's five-year retention rate of 100%. However, the rating is limited by the experience of the management team, which averages one year at this fund. The number of months that the management team has been running this vehicle together also holds the rating back. Since this is a newly incepted product, more time is needed to monitor the team's capability at executing the strategy.

Below Average

People

Since its inception only one year ago, Strive Asset Management has demonstrated that it can be trusted as much as the next asset manager. As a result, it has an Average Parent Pillar rating. Strive Asset Management currently oversees 12 vehicles, with a total of $1.26 billion under management and a roster of six portfolio managers.   

 The below-average fees of Strive Asset Management's open-end and exchange-traded funds display a commitment to maximizing investor returns. The average net expense ratio for its funds ranks within the lowest quintile of peer asset managers.  

 To maintain an Average rating, Strive Asset Management will be expected to maintain a consistent track record of positive investor experience.

Average

Parent

Strive 1000 Growth ETF

STXG tracks the total return performance of an index composed of US-listed large- and mid-cap companies that exhibit growth characteristics. The index selects securities based on fundamental factors and weights them according to free-float market cap.

Strive US Energy ETF

Strive Faang 2 0 Etf

Strive US Semiconductor ETF

Strive 500 ETF

Strive 1000 Dividend Growth ETF

Strive Emerging Markets EX-China ETF

Strive Small-Cap ETF

Strive 1000 Value ETF

HAVERTOWN, Pa. , Jan. 9, 2023 /PRNewswire/ -- (ETF Architect) -- EA Series Trust announces that the following funds will move their primary listings to the New York Stock Exchange: Strive U.S. Energy ETF (NYSE Arca: DRLL), Strive 500 ETF (NYSE Arca: STRV), Strive U.S. Semiconductor ETF (NYSE Arca: SHOC), Strive Emerging Markets Ex-China ETF (NYSE Arca: STXE), Strive FAANG 2.0 ETF (NYSE Arca: FTWO), Strive 1000 Dividend Growth ETF (Nasdaq: STXD), Strive 1000 Growth ETF (Nasdaq: STXG) Strive 1000 Value ETF (Nasdaq: STXV) and Strive Small-Cap ETF (Nasdaq: STXK), collectively, the "Funds".

Nine Strive funds will move primary listing from NYSE Arca, Inc. and NASDAQ Stock Market LLC to New York Stock Exchange

COLUMBUS, Ohio--( BUSINESS WIRE )--Strive Asset Management announced its total assets under management surpassed $500 million on November 11, 2022, three months after the launch of its first fund.

Strive Asset Management Exceeds Half a Billion in AUM, 3 Months After Launch

The asset manager is known for its ‘anti-woke' investment policy.

News for Strive 1000 Growth ETF ETF (STXG)