Hartford Large Cap Growth ETF (HFGO) Valuation
HFGO valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 36.8 trailing earnings
- Forward P/E
- 24.9 analyst estimates
- Price / sales
- 8.97
- Price / book
- 10.98
- EV / EBITDA
- 22.2
- Earnings yield
- 2.72% inverse of P/E
- Dividend yield
- 0.32% of the holdings
- Return on equity
- 29.9% combined
- Net margin
- 24.4% combined
- Beta
- 1.55 weighted, vs S&P 500
HFGO valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| HFGO | 36.8 | 24.9 | 8.97 | 10.98 | 0.32% | 29.9% | 24.4% | 7.4% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
HFGO valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 57.2% | 36.9 | 26.3 | 11.56 | 16.91 | 0.40% | 45.8% |
| Communication Services | 20.1% | 30.2 | 18.2 | 6.52 | 5.96 | 0.21% | 19.7% |
| Consumer Cyclical | 7.7% | 28.1 | 28.2 | 4.61 | 6.36 | 0.00% | 22.7% |
| Healthcare | 7.1% | 85.8 | 33.4 | 16.34 | 26.76 | 0.36% | 31.2% |
| Industrials | 4.3% | 144.6 | 46.5 | 11.17 | 9.62 | 0.12% | 6.7% |
| Financial Services | 0.4% | 14.3 | 12.2 | 2.07 | 5.38 | 1.40% | 37.6% |
| Basic Materials | 0.3% | 34.3 | 18.1 | 3.86 | 5.18 | 0.86% | 15.1% |
HFGO earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How HFGO weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
HFGO largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 16.48% | 27.1 | 24.9 | 17.1 | 0.47% | 23.29% |
| GOOGL | Alphabet Inc. | 9.60% | 17.1 | 22.8 | 9.3 | 0.26% | 21.49% |
| MSFT | Microsoft Corporation | 7.97% | 29.5 | 25.1 | 11.8 | 0.74% | 10.35% |
| AAPL | Apple Inc. | 5.48% | 39.4 | 35.2 | 10.7 | 0.31% | 5.32% |
| META | Meta Platforms, Inc. | 4.91% | 26.7 | 22.1 | 7.9 | 0.30% | 7.02% |
| AVGO | Broadcom Inc. | 4.88% | 43.3 | 19.4 | 17.6 | 0.79% | 4.31% |
| LLY | Eli Lilly and Company | 4.61% | 42.2 | 24.4 | 14.1 | 0.55% | 4.18% |
| AMZN | Amazon.com, Inc. | 4.45% | 20.1 | 23.6 | 3.5 | — | 8.46% |
| SNDK | Sandisk Corporation | 2.67% | 17.6 | 8.0 | 9.3 | — | 5.80% |
| PLTR | Palantir Technologies Inc. | 2.62% | 160.4 | 85.5 | 72.6 | — | 0.62% |
| ANET | Arista Networks, Inc. | 2.56% | 55.8 | 39.2 | 21.2 | — | 1.75% |
| SPOT | Spotify Technology S.A | 2.07% | 30.5 | 28.6 | 6.0 | — | 2.60% |
| GLW | Corning Incorporated | 1.98% | 60.6 | 38.5 | 6.7 | 0.85% | 1.25% |
| NTRA | Natera, Inc. | 1.96% | — | — | 20.9 | — | −0.26% |
| SHOP | Shopify Inc. | 1.85% | 114.5 | 58.8 | 16.6 | — | 0.62% |
| ASML | ASML Holding N.V. | 1.83% | 40.4 | 28.9 | 16.0 | 0.55% | 1.73% |
| TSLA | Tesla, Inc. | 1.64% | 328.4 | 158.7 | 13.5 | — | 0.19% |
| NET | Cloudflare, Inc. | 1.44% | — | 178.6 | 42.0 | — | −0.10% |
| ECHO | EchoStar Corporation | 1.44% | — | 4.7 | 1.7 | — | −8.74% |
| FLEX | Flex Ltd. | 1.25% | 38.7 | 24.2 | 1.1 | — | 1.24% |
| SPCX | Space Exploration Technologies Corp. | 1.24% | — | 200.0 | 83.5 | — | −0.21% |
| ABNB | Airbnb, Inc. | 1.20% | 39.6 | 25.4 | 7.9 | — | 1.16% |
| MRVL | Marvell Technology, Inc. | 1.05% | 72.3 | 62.1 | 21.7 | 0.11% | 0.55% |
| CLS | Celestica Inc. | 1.00% | — | — | — | — | — |
| ARM | Arm Holdings plc | 1.00% | 234.8 | 151.5 | 47.2 | — | 0.16% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About HFGO valuation
Adding up its 42 holdings with company data, HFGO trades at 36.8 times trailing earnings and 24.9 times analysts' forward estimates, with a price-to-book ratio of 10.98 and a dividend yield of 0.32%. Its earnings yield of 2.72% is 2.61 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 63.7% of the fund and earn 90.9% of its combined profit. By sector, Industrials is the most expensive at 144.6 times earnings and Financial Services the cheapest at 14.3. Companies that lost money over the past year are 7.4% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: HFGO chart, HFGO performance, HFGO holdings.
HFGO valuation FAQ
What is the P/E ratio of HFGO?
Based on its holdings, HFGO has a trailing P/E of 36.8 and a forward P/E of 24.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of HFGO?
The trailing earnings yield is 2.72% (1 ÷ P/E) and the forward earnings yield 4.02%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is HFGO more expensive than the S&P 500?
HFGO trades at 36.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 24.9 and 19.9.
What is the price-to-book ratio of HFGO?
The holdings of HFGO trade at 10.98 times book value, with a combined return on equity of 29.9%.
Which sector in HFGO has the highest P/E?
Industrials has the highest P/E at 144.6 and Financial Services the lowest at 14.3.