Health Care
29.7%
29.9%
Sorry, there is no data available for this section
Sector Breakdown
Health Care
29.7%
29.9%
Information Technology
29.3%
18.8%
Industrials
15.7%
15.6%
Financials
11.1%
10.0%
Consumer Discretionary
5.5%
9.0%
Communication Services
2.5%
2.3%
Materials
2.2%
4.5%
Cash
1.9%
0.0%
Consumer Staples
1.8%
1.6%
Energy
0.1%
5.7%
Real Estate
<0.1%
2.3%
Utilities
0.0%
0.3%
Communication Services
Financials
Consumer Staples
Health Care
Consumer Discretionary
Materials
Information Technology
Utilities
Energy
Industrials
Real Estate
Granahan Investment Management is an independent, employee‑owned boutique founded in 1985 and dedicated exclusively to small cap growth investing. SGRW is managed by a team of five senior portfolio managers who each run a distinct, high‑conviction sleeve, combining deep sector expertise, collaborative research, and decades of experience. This multi‑PM structure brings together diverse perspectives and specialized insights to create multiple sources of potential alpha within a unified portfolio.
As of 06/30/2026
As of 07/31/2026
As of 04/30/2026
Important Information
Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. The ETF is new and has limited operating history to judge.
Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.
There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Stocks of small cap companies pose special risks, including possible illiquidity and greater price volatility than stocks of larger, more established companies. At times, a growth investing style may be out of favor with investors which could cause growth securities to underperform value or other equity securities. The Fund's investments in foreign securities, particularly emerging markets, expose it to higher risks than funds investing only in the U.S., including currency risk, which may negatively impact its value if foreign currencies fluctuate against the U.S. dollar. Depositary receipts carry risks like political instability, currency fluctuations, higher costs, and weaker investor protections. , which may negatively impact its value if foreign currencies fluctuate against the U.S. dollar. Depositary receipts carry risks like political instability, currency fluctuations, higher costs, and weaker investor protections. A non‑diversified Fund may invest a greater percentage of its assets in securities of a single issuer, and/or invest in a relatively small number of issuers, it is more susceptible to risks associated with a single economic, political or regulatory occurrence than a more diversified portfolio.
Bid/Ask Mid Price: the midpoint between the highest bid and the lowest offer, as of the time that the Fund’s NAV is calculated, typically 4 p.m. Eastern Time.
Premium/Discount ($): the difference between the Fund’s market price and NAV, expressed as a percentage of NAV. A premium is the amount that the Fund is trading above the reported NAV. A discount is the amount that the Fund is trading below the reported NAV.
30‑Day Median Bid/Ask Spread: calculated by identifying national best bid and national best offer ("NBBO") for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage (rounded to the nearest hundredth).
Weighted Average Market Capitalization: The average size of the companies in a portfolio or index as measured by the market value of outstanding shares.
Price/Book: The price‑to‑book (P/B) ratio evaluates a firm's market value relative to its book value.
Adjusted Trailing P/E Ratio: The Adjusted Trailing P/E (Price/Earnings) Ratio is the closing stock price divided by the sum of the last 12 months actual EPS.
% EPS Growth – Past 3 year: Earnings per share refers to the bottom‑line measure of a company’s profitability defined as net income divided by the number of outstanding shares.
Return on Equity: Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.
Forecasted P/E Ratio: a measure of the P/E (price‑to‑earnings) ratio using forecasted earnings for the P/E calculation.
Alpha is the risk‑adjusted excess return of an investment relative to the return of a benchmark index.
