ACLC vs USMC
American Century Large Cap Equity ETF vs Principal U.S. Mega-Cap ETF
Which is better, ACLC or USMC?
Nearly the same fund. USMC costs less.
USMC has a lower expense ratio. USMC led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 55.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACLC | USMC |
|---|---|---|
| Expense Ratio | 0.39% | 0.12%Best |
| AUM | $336M | $5.2B |
| Dividend Yield | 0.56% | 0.74% |
| Holdings | 101 | 58 |
| YTD Return | +10.23% | +13.98%Best |
| 1Y Return | +13.17% | +14.91%Best |
| 3Y Return (annualized) | +17.50% | +22.22%Best |
| 5Y Return (annualized) | +9.85% | +14.81%Best |
| Volatility (annualized) | 15.9% | 15.1%Best |
| Max Drawdown | -26.4% | -24.1%Best |
| $10,000 over 5 years | $15,996 | $19,948Best |
| Top 10 Weight | 38.7%Best | 55.3% |
| Fund Family | American Century Investments | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2020 | Oct 11, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jul 15, 2020 to Oct 14, 2026 (6.2 years).
ACLC vs USMC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.2 years both funds cover.
ACLC vs USMC Performance
American Century Large Cap Equity ETF (ACLC) is an ETF from American Century Investments and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year ACLC returned +13.17% while USMC returned +14.91%. Year to date, ACLC is up 10.23% versus a gain of 13.98% for USMC.
Over three years, ACLC compounded at +17.50% per year against +22.22% for USMC; over five years the annualized figures are +9.85% and +14.81% respectively. Across the full 6-year window we track, USMC has the edge at +16.90% annualized vs +13.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACLC has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 15.1% for USMC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -26.4% for ACLC and -24.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ACLC charges 0.39% per year while USMC charges 0.12%. On a $10,000 position that is $39 vs $12 annually, a gap of $27 per year that compounds over a long holding period. On income, ACLC currently yields 0.56% against 0.74% for USMC.
Holdings Overlap
47.5% of ACLC's money is in holdings USMC also owns. 81.6% of USMC's money is in holdings ACLC also owns.
Most of USMC is already inside ACLC. Owning both mostly buys the same companies twice.
19 positions in common, counted across the 100 positions we hold weights for in ACLC and 27 in USMC, against full books of 101 and 58.
What only one of them owns
Our book lists 8 positions for USMC that do not appear in our book for ACLC (18.4% of the fund), and 79 for ACLC that do not appear in USMC (51.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACLC | Weight in USMC | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.10% | 7.99% | 0.11% |
| AAPLApple, Inc | 4.75% | 7.40% | 2.65% |
| GOOGLAlphabet Inc Cap Stk Cl A | 6.53% | 5.33% | 1.20% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.54% | 5.55% | 0.01% |
| MUMicron Technology, Inc. | 2.06% | 7.18% | 5.12% |
| AVGOBroadcom Inc | 3.27% | 4.44% | 1.17% |
| AMZNAmazon.Com Inc | 3.41% | 3.77% | 0.36% |
| JPMJpmorgan Chase | 1.54% | 4.65% | 3.11% |
| MAMastercard Inc | 1.50% | 4.32% | 2.82% |
| METAMeta Platform Inc | 1.52% | 3.92% | 2.40% |
81.6% of USMC is already inside ACLC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACLC or USMC?
ACLC has an expense ratio of 0.39% while USMC charges 0.12%. USMC is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, ACLC or USMC?
Over the past year ACLC returned +13.17% vs +14.91% for USMC, so USMC leads on 1-year performance. Over the longest common window we track (6 years), ACLC annualized +13.81% vs +16.90% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACLC or USMC?
ACLC has been the more volatile fund at 15.9% annualized versus 15.1% for USMC. Worst drawdown: ACLC -26.4% vs USMC -24.1%.
Should I hold both ACLC and USMC?
ACLC and USMC have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ACLC and USMC?
81.6% of USMC's money is in holdings ACLC also owns. 81.6% of USMC's is in holdings ACLC also owns. They hold 19 positions in common, counted across the 100 positions we hold weights for in ACLC and 27 in USMC.
Which pays a higher dividend, ACLC or USMC?
ACLC yields 0.56% while USMC yields 0.74%, so USMC currently pays the higher dividend yield.
Is USMC better than ACLC?
USMC has a lower expense ratio. USMC led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.