ALRG vs USMC
Allspring LT Large Core ETF vs Principal U.S. Mega-Cap ETF
Which is better, ALRG or USMC?
ALRG has been ahead.
USMC has a lower expense ratio. ALRG led over 1Y and the full window. ALRG is less concentrated, with 47.1% 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 | ALRG | USMC |
|---|---|---|
| Expense Ratio | 0.28% | 0.12%Best |
| AUM | $8M | $5.2B |
| Dividend Yield | 0.42% | 0.74% |
| Holdings | 51 | 58 |
| YTD Return | +13.91% | +13.98%Best |
| 1Y Return | +18.20%Best | +14.91% |
| 3Y Return (annualized) | - | +22.22% |
| 5Y Return (annualized) | - | +14.81% |
| Volatility (annualized) | 11.9% | 11.7%Best |
| Max Drawdown | -9.3%Best | -10.3% |
| $10,000 over 1.3 years | $12,860Best | $12,588 |
| Top 10 Weight | 47.1%Best | 55.3% |
| Fund Family | Allspring Global Investments | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 8, 2025 | Oct 11, 2017 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 8, 2025 to Oct 14, 2026 (1.3 years).
ALRG 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 1.3 years both funds cover.
ALRG vs USMC Performance
Allspring LT Large Core ETF (ALRG) is an ETF from Allspring Global Investments and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year ALRG returned +18.20% while USMC returned +14.91%. Year to date, ALRG is up 13.91% versus a gain of 13.98% for USMC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALRG has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 11.7% 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 -9.3% for ALRG and -10.3% 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALRG charges 0.28% per year while USMC charges 0.12%. On a $10,000 position that is $28 vs $12 annually, a gap of $16 per year that compounds over a long holding period. On income, ALRG currently yields 0.42% against 0.74% for USMC.
Holdings Overlap
45.4% of ALRG's money is in holdings USMC also owns. 54.6% of USMC's money is in holdings ALRG also owns.
The two portfolios partly overlap.
13 positions in common, counted across the 50 positions we hold weights for in ALRG and 27 in USMC, against full books of 51 and 58.
What only one of them owns
Our book lists 14 positions for USMC that do not appear in our book for ALRG (45.4% of the fund), and 31 for ALRG that do not appear in USMC (44.2%).
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 ALRG | Weight in USMC | Difference |
|---|---|---|---|
| AAPLApple, Inc | 8.81% | 7.40% | 1.41% |
| NVDANvidia Corp. | 5.43% | 7.99% | 2.56% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 7.79% | 5.55% | 2.24% |
| AMZNAmazon.Com Inc | 4.79% | 3.77% | 1.02% |
| AVGOBroadcom Inc | 3.83% | 4.44% | 0.61% |
| JPMJpmorgan Chase | 2.59% | 4.65% | 2.06% |
| METAMeta Platform Inc | 2.86% | 3.92% | 1.06% |
| VVisa Inc-class A Shares | 2.15% | 4.54% | 2.39% |
| ABBVAbbvie Inc Accenture Plc, Class A | 1.77% | 3.37% | 1.60% |
| LLYEli Lilly & Co. | 2.68% | 2.28% | 0.40% |
54.6% of USMC is already inside ALRG.
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, ALRG or USMC?
ALRG has an expense ratio of 0.28% while USMC charges 0.12%. USMC is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, ALRG or USMC?
Over the past year ALRG returned +18.20% vs +14.91% for USMC, so ALRG leads on 1-year performance. Over the longest common window we track (1 years), ALRG annualized +21.35% vs +19.37% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALRG or USMC?
ALRG has been the more volatile fund at 11.9% annualized versus 11.7% for USMC. Worst drawdown: ALRG -9.3% vs USMC -10.3%.
Should I hold both ALRG and USMC?
ALRG and USMC have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ALRG and USMC?
54.6% of USMC's money is in holdings ALRG also owns. 54.6% of USMC's is in holdings ALRG also owns. They hold 13 positions in common, counted across the 50 positions we hold weights for in ALRG and 27 in USMC.
Which pays a higher dividend, ALRG or USMC?
ALRG yields 0.42% while USMC yields 0.74%, so USMC currently pays the higher dividend yield.
Is USMC better than ALRG?
USMC has a lower expense ratio. ALRG led over 1Y and the full window. ALRG is less concentrated, with 47.1% 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.