CARK vs FLCG
CastleArk Large Growth ETF vs Federated Hermes MDT Large Cap Growth ETF
Which is better, CARK or FLCG?
Nearly the same fund. FLCG costs less.
FLCG has a lower expense ratio. CARK led over 1Y, FLCG over the full window. The two have moved almost in lockstep, correlation 0.95. FLCG is less concentrated, with 56.5% of the fund in its ten largest positions against 63.4%.
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 | CARK | FLCG |
|---|---|---|
| Expense Ratio | 0.54% | 0.39%Best |
| AUM | $351M | $687M |
| Dividend Yield | 0.01% | 0.04% |
| Holdings | 60 | 208 |
| YTD Return | +9.30%Best | +7.29% |
| 1Y Return | +11.27%Best | +9.89% |
| Volatility (annualized) | 16.0% | 15.3%Best |
| Max Drawdown | -25.2% | -22.9%Best |
| $10,000 over 2.2 years | $12,859 | $14,083Best |
| Top 10 Weight | 63.4% | 56.5%Best |
| Fund Family | CastleArk Management LLC | Federated Hermes |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 6, 2023 | Jul 30, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 31, 2024 to Oct 14, 2026 (2.2 years).
CARK vs FLCG 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 2.2 years both funds cover.
CARK vs FLCG Performance
CastleArk Large Growth ETF (CARK) is an ETF from CastleArk Management LLC and Federated Hermes MDT Large Cap Growth ETF (FLCG) is an ETF from Federated Hermes. Over the past year CARK returned +11.27% while FLCG returned +9.89%. Year to date, CARK is up 9.30% versus a gain of 7.29% for FLCG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CARK has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.3% for FLCG. 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 -25.2% for CARK and -22.9% for FLCG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CARK charges 0.54% per year while FLCG charges 0.39%. On a $10,000 position that is $54 vs $39 annually, a gap of $15 per year that compounds over a long holding period. On income, CARK currently yields 0.01% against 0.04% for FLCG.
Holdings Overlap
77.4% of CARK's money is in holdings FLCG also owns. 58.1% of FLCG's money is in holdings CARK also owns.
Most of CARK is already inside FLCG. Owning both mostly buys the same companies twice.
17 positions in common, counted across the 29 positions we hold weights for in CARK and 100 in FLCG, against full books of 60 and 208.
What only one of them owns
Our book lists 78 positions for FLCG that do not appear in our book for CARK (41.2% of the fund), and 11 for CARK that do not appear in FLCG (21.4%).
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 CARK | Weight in FLCG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 14.36% | 15.20% | 0.84% |
| GOOGLAlphabet Inc | 9.33% | 11.70% | 2.37% |
| AAPLApple, Inc | 6.30% | 7.97% | 1.67% |
| MSFTMicrosoft Corp | 4.68% | 4.54% | 0.14% |
| ANETArista Networks Inc Common Stock | 5.25% | 2.58% | 2.67% |
| LLYEli Lilly & Co. | 5.21% | 2.37% | 2.84% |
| AVGOBroadcom Inc | 4.24% | 3.10% | 1.14% |
| METAMeta Platforms Inc | 3.48% | 2.88% | 0.60% |
| LRCXLrcx Uw Equity | 5.43% | 0.55% | 4.88% |
| AMDAdvanced Micro Devices Inc | 4.17% | 1.26% | 2.91% |
77.4% of CARK is already inside FLCG.
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, CARK or FLCG?
CARK has an expense ratio of 0.54% while FLCG charges 0.39%. FLCG is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, CARK or FLCG?
Over the past year CARK returned +11.27% vs +9.89% for FLCG, so CARK leads on 1-year performance. Over the longest common window we track (2 years), CARK annualized +12.11% vs +16.84% for FLCG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CARK or FLCG?
CARK has been the more volatile fund at 16.0% annualized versus 15.3% for FLCG. Worst drawdown: CARK -25.2% vs FLCG -22.9%.
Should I hold both CARK and FLCG?
CARK and FLCG have a monthly-return correlation of 0.95, 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 CARK and FLCG?
77.4% of CARK's money is in holdings FLCG also owns. 58.1% of FLCG's is in holdings CARK also owns. They hold 17 positions in common, counted across the 29 positions we hold weights for in CARK and 100 in FLCG.
Which pays a higher dividend, CARK or FLCG?
CARK yields 0.01% while FLCG yields 0.04%, so FLCG currently pays the higher dividend yield.
Is FLCG better than CARK?
FLCG has a lower expense ratio. CARK led over 1Y, FLCG over the full window. The two have moved almost in lockstep, correlation 0.95. FLCG is less concentrated, with 56.5% of the fund in its ten largest positions against 63.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.