At a glance
GGRW charges 0.0% a year, below the 0.56% average of the 8 funds most like it (the cheapest of 9). It has $8.8M in assets, the 9th largest of that group; it paid 0.41% of its price in distributions over the past 12 months, annual. Over the past year it returned +2.4% with distributions reinvested (S&P 500: +11.5%), 5th of those 9 funds; over three years it returned +27.1% a year. At its worst it fell 43.3% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 19 months after the low. Its ten largest positions make up 48.6% of the fund, out of 42 in all.
The short version
Gabelli Growth Innovators ETF (GGRW) is a GAMCO fund whose managers hand-pick innovation-focused growth stocks: 42 as of June 30, 2026, led by NVIDIA, Alphabet and Amazon. Its 0.90% management fee is waived, for a net yearly cost of 0% per the April 30, 2026 prospectus, though the SEC cost example assumes the full fee after year one. Its $8.8 million in assets (June 30, 2026) were far below those of similar growth ETFs.
Price history
The interactive chart needs JavaScript.
GGRW +2.4% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| GGRW official prospectus, to Dec 31, 2025 | — | +18.13% | — | — | — | +7.37% |
| S&P 500 Index index, same period | — | +17.88% | — | — | — | +13.72% |
| Nasdaq Composite Index (reflects no deduction for fees, expenses or taxes) index, same period | — | +21.14% | — | — | — | +11.73% |
| GGRW price data to Oct 27, 2026 | +4.1% | +2.4% | +27.1% | +6.0% | — | +7.9% |
- Over the year to Oct 27, 2026, GGRW returned +2.4%, 5th of 9 among similar funds.
- Its 5-year annualized return was +6.0%.
- Its worst full calendar year was 2022 (-43.9%); its best was 2023 (+42.2%).
- The deepest fall in its price history was 50.3% (Nov 18, 2021 to Nov 9, 2022), recovered by Oct 11, 2024.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +4.1% | — |
| 2025 | +18.3% | +18.13% |
| 2024 | +41.8% | +41.83% |
| 2023 | +42.2% | +42.16% |
| 2022 | -43.9% | -43.86% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 43.3% over that stretch · deepest drop along the way 43.3%, back to its old high 19.4 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2025 | $0.1500 |
What's inside
As of Jun 30, 2026, the fund held 42 securities; the ten largest made up 48.56% of assets.
| Holding | Weight | |
|---|---|---|
| NVIDIA CORP | 8.52% | |
| ALPHABET INC | 6.16% | |
| AMAZON.COM INC | 5.40% | |
| APPLIED MATERIALS INC | 5.37% | |
| GE VERNOVA INC | 4.56% | |
| ELI LILLY & COMPANY | 4.23% | |
| BROADCOM INC | 4.02% | |
| GE AEROSPACE | 3.60% | |
| AMPHENOL CORP | 3.42% | |
| META PLATFORMS INC | 3.29% | |
| APPLE INC | 3.22% | |
| MICROSOFT CORP | 3.17% | |
| MASTERCARD INC | 3.03% | |
| ASML HOLDING NV | 2.95% | |
| EATON CORP PLC | 2.40% |
By country
United States 91.84%Ireland 3.67%Netherlands 2.95%Luxembourg 1.25%By asset type
Stocks 99.72%By sector
Sectors of the companies held, for the 88.3% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Jun 30, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Jun 30, 2026, investors withdrew a net $38K (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +10.64%, +4.44%, +1.19%.
How it works
GGRW is actively managed, so there is no index to track. GAMCO's portfolio managers choose every stock, aiming for capital appreciation, or growth in share value. They look for companies tied to innovation, which the prospectus defines as new technologies, products or services that redefine how businesses operate. They favor companies whose earnings growth they believe the market undervalues.
Selection starts with individual companies. The managers build earnings forecasts from annual and quarterly reports, government and industry data, and interviews with company management. Then they weigh each firm's growth against its industry and the economy. The fund can own companies of any size and may hold foreign firms through American Depositary Receipts (ADRs), U.S.-traded shares that stand for foreign stocks. A stock is dropped when the managers decide it has lost its appeal compared with other choices. The prospectus sets no fixed weighting formula or rebalancing schedule.
As of June 30, 2026, the fund held 42 stocks, with 48.6% of assets in the top 10. The largest were NVIDIA (8.5%), Alphabet (6.2%), Amazon (5.4%) and Applied Materials (5.4%). Technology made up 35.8% of assets, and about 92% sat in U.S. companies. It used no derivatives or leverage. Turnover, the share of holdings replaced in a year, was 6%, so the managers trade little.
What it really costs
- GGRW charges 0% a year, versus an average of 0.56% for the similar funds below (1st of 9, cheapest first).
- Of that, 0.9% is the management fee; the rest covers other fund expenses.
- The fee includes a 0.9% waiver from the adviser, which may end.
- Using the prospectus's standard example, $10,000 invested would cost about $0 in the first year and $1,047 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| GGRW | $0 | $202 | $420 | $1,047 |
In a retirement portfolio
A 42-stock growth portfolio that fell 50.3% at its worst and pays almost no income fits better as a small add-on than as a foundation.
GGRW could add focused exposure to innovation-driven growth stocks such as NVIDIA and Alphabet. It launched in 2021, so it has no record from the 2008 or 2020 crashes. It lost 43.3% in the 2022 market slump. Its deepest drop was 50.3%, from November 2021 to November 2022, and it took about 23 months from that low to recover, in October 2024. Retirees withdrawing money during that stretch would have locked in steep losses.
Income is minor: a 0.41% yield over the past year as of October 27, 2026, paid annually. Its net expense ratio, or yearly cost, was 0% in the April 30, 2026 prospectus thanks to a fee waiver. But the SEC cost example assumes the full 0.90% fee after year one, which is above the 0.56% average for similar funds. Past results don't predict future ones, and a retirement plan should consider the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors wanting a small position in 42 hand-picked innovation stocks, from NVIDIA and Alphabet to GE Vernova and Eli Lilly, as of June 30, 2026.
- Fee-conscious investors who track the waiver: the April 30, 2026 prospectus shows 0% net costs after waiving the full 0.90% management fee.
- Patient investors who can ride out drops like 2022's 43.9% loss; its three-year return, 27.1% a year, led similar funds as of October 27, 2026.
Look elsewhere if
- Retirees seeking income: the yield over the past year was 0.41% as of October 27, 2026, paid annually, and many holdings pay no dividends.
- Anyone who may need the money soon: it fell 50.3% from November 2021 to November 2022, then took about 23 months to regain its high.
- Investors wary of tiny funds: assets were about $8.8 million on June 30, 2026, and the prospectus flags large-shareholder and thin-trading risks.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| GGRW this fund | — | 0% | $8.8M | +2.4% | +27.1% |
| TCHP T. Rowe Price Blue Chip Growth ETF | 54% | 0.57% | $2.16B | -1.2% | +23.5% |
| IWFG NYLI Winslow Focused Large Cap Growth ETF | 54% | 0.65% | $60.5M | -2.6% | +23.6% |
| IWLG NYLI Winslow Large Cap Growth ETF | 54% | 0.6% | $312.0M | +0.2% | +23.9% |
| PJFG PGIM Jennison Focused Growth ETF | 52% | 0.75% | $140.3M | +3.6% | +25.2% |
| IWY iShares Russell Top 200 Growth ETF | 51% | 0.2% | $16.96B | -3.4% | +20.7% |
| WINN Harbor Long-Term Growers ETF | 51% | 0.57% | $1.13B | +5.5% | +25.4% |
| PGRO Putnam Focused Large Cap Growth ETF | 50% | 0.56% | $212.1M | +3.1% | +24.6% |
Questions investors ask
Is GGRW good for retirement?
GGRW may fit only as a small, higher-risk part of a retirement portfolio. As of June 30, 2026, it held just 42 growth stocks, led by NVIDIA. Its yield over the past year was 0.41% as of October 27, 2026, paid once a year, so it offers little income. It also fell 50.3% from November 2021 to November 2022 and needed about 23 months from that low to recover. That would be a hard stretch for anyone drawing on savings.
What is GGRW's expense ratio?
GGRW's net expense ratio, its yearly cost as a share of assets, was 0% in the prospectus filed April 30, 2026. That is because the adviser waived its full 0.90% management fee. The SEC's standard example of $10,000 earning 5% a year shows costs of $0 after one year, $202 after three, $420 after five and $1,047 after ten. Those figures assume the full fee applies after year one. At 0.90%, the fund would cost more than the 0.56% average of similar funds.
Has GGRW beaten the S&P 500?
Not since launch. According to its prospectus, GGRW returned 7.37% a year from its February 2021 start through December 31, 2025. Over the same period, the S&P 500 returned 13.72% a year and the Nasdaq Composite 11.73%. GGRW did edge the S&P 500 in 2025, 18.13% to 17.88%. Its swings have been large: it lost 43.86% in 2022, then gained 42.16% in 2023 and 41.83% in 2024.
What's the difference between GGRW and TCHP?
The main differences are cost, size and returns. GGRW and the T. Rowe Price Blue Chip Growth ETF (TCHP) share about 54% of their holdings, based on their latest portfolio reports. TCHP charges 0.57% a year and held about $2.2 billion on June 30, 2026. GGRW's net cost was 0% after a fee waiver, and it held about $8.8 million. Through October 27, 2026, GGRW returned 2.4% over one year and 27.1% a year over three. TCHP lost 1.2% and returned 23.5% a year.
Does GGRW pay dividends?
Yes, but very little, and only once a year. GGRW paid about $0.15 a share over the year to October 27, 2026, a yield of 0.41%. The fund's goal is capital appreciation, and its prospectus says many of its stocks will not pay dividends. Growth companies often reinvest their earnings in the business instead. Investors who rely on portfolio income would need other sources.