The All Cap Growth style ranks tenth out of the twelve fund styles detailed in our 4Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the All Cap Growth style ranked eighth. The category receives our Unattractive rating, which is based on aggregate ratings of 40 ETFs and 403 mutual funds in the All 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 All Cap Growth. Not all All Cap Growth ETFs and mutual funds are created equal. The number of holdings varies widely (from 17 to 3,223). This variation creates drastically different investment implications and, therefore, ratings.

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