ETF Evaluator:
Jensen Quality Growth ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Blend Over the Last Year
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| 31.8% | Astoria US Equal Weight Quality KingsETF (ROE) |
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Risk
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ETF Details
Jensen Quality Growth ETF Overview
Jensen Quality Growth ETF (JGRW) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). Jensen launched the ETF in 2024.
The investment seeks long-term capital appreciation.
The fund may purchase commercial paper that is rated P-1 by Moody’s or A-1 by S&P and demand notes issued by companies whose commercial paper receives such ratings. The Fund may invest in certain foreign securities, directly and by purchasing American Depositary Receipts (“ADRs”). In addition, the Fund invests in domestic companies that engage in substantial foreign business. The fund is non-diversified.
About Jensen Quality Growth ETF (JGRW)
There are 5 members of the management team with an average tenure of 1.86 years: Allen Bond (2024), Adam Calamar (2024), Jeffrey Wilson (2025), Kurt Havnaer (2024) and Robert McIver (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
Jensen Quality Growth ETF has 30 securities in its portfolio. The top 10 holdings constitute 57.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Jensen Quality Growth ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Jensen Quality Growth ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.5% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Jensen Quality Growth ETF has 1.5% of the portfolio in cash.
Assets Under Management
The fund has $87 million in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JGRW Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Jensen Quality Growth ETF expense ratio is average compared to funds in the Large Blend category. Jensen Quality Growth ETF has an expense ratio of 0.57%, which is 38% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Jensen Quality Growth ETF has a portfolio turnover rate of 16%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.
Recently, in the month of July 2026, Jensen Quality Growth ETF returned 2.6%, which earned it a grade of A, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Jensen Quality Growth ETF has a trailing yield of 0.37%, which is below the 1.16% category average.
The fund normally distributes its income quarterly and its capital gains monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Jensen Quality Growth ETF Grades
Year to date, the ETF has returned 3.0%, 6.5 percentage points worse than the category, which translates into a grade of F. The fund has returned 5.1% over the past year (grade of F).
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JGRW Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JGRW Return (NAV) | 2.6% | 5.5% | 5.1% | na | na | na |
| JGRW Return (Price) | 2.6% | 5.7% | 5.2% | na | na | na |
| NAV +/- Price Return | -0.032% | -0.185% | -0.045% | na | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| JGRW Grade (NAV) | A | A | F | na | na | na |
| +/- Category (NAV) | 3.5% | 1.8% | -12.4% | na | na | na |
| JGRW Tax-Cost Ratio | na | na | 0.2% | na | na | na |
JGRW Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JGRW Return (NAV) | 3.0% | 4.9% | na | na | na | na | na | na | na | na | na |
| JGRW Return (Price) | 3.1% | 5.1% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.008% | 0.032% | na | na | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| JGRW Grade (NAV) | F | F | na | na | na | na | na | na | na | na | na |
| +/- Category | -6.5% | -10.4% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.4% |
| Total Assets: | $ 87 Mil |
| Share Class Assets: | $ 87 Mil |
| Turnover: | 16.5% |
| Expense Ratio: | 0.57% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Monthly |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 2.0 years | |||
| Average Tenure: 1.9 years | |||
| Managers (Year): Bond Allen (2024), Calamar Adam (2024), Havnaer Kurt (2024), McIver Robert (2024), Wilson Jeffrey (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 30 |
| % in Top 10 Holdings: | 57.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 98.5% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Jensen |
| Phone Number: | 800-992-4144 |
| Website: | www.jenseninvestment.com |
| Inception Date: | August 12, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.57% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.41% |
