DIVP vs LRGC
Cullen Enhanced Equity Income ETF vs AB US Large Cap Strategic Equities ETF
Which is better, DIVP or LRGC?
Each has led over a different period.
LRGC has a lower expense ratio. DIVP led over 1Y, LRGC over the full window. DIVP is less concentrated, with 36.4% of the fund in its ten largest positions against 44.8%.
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 | DIVP | LRGC |
|---|---|---|
| Expense Ratio | 0.55% | 0.39%Best |
| AUM | $61M | $1.4B |
| Dividend Yield | 6.81% | 0.53% |
| Holdings | 47 | 72 |
| YTD Return | +9.06% | +10.99%Best |
| 1Y Return | +14.04%Best | +13.29% |
| 3Y Return (annualized) | - | +20.81% |
| Volatility (annualized) | 10.4%Best | 12.4% |
| Max Drawdown | -13.4%Best | -19.4% |
| $10,000 over 2.6 years | $12,357 | $14,683Best |
| Top 10 Weight | 36.4%Best | 44.8% |
| Fund Family | Cullen Funds | AllianceBernstein L.P. |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 6, 2024 | Sep 20, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 14, 2026 (2.6 years).
DIVP vs LRGC 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 2.6 years both funds cover.
DIVP vs LRGC Performance
Cullen Enhanced Equity Income ETF (DIVP) is an ETF from Cullen Funds and AB US Large Cap Strategic Equities ETF (LRGC) is an ETF from AllianceBernstein L.P.. Over the past year DIVP returned +14.04% while LRGC returned +13.29%. Year to date, DIVP is up 9.06% versus a gain of 10.99% for LRGC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LRGC has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 10.4% for DIVP. 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 -13.4% for DIVP and -19.4% for LRGC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIVP charges 0.55% per year while LRGC charges 0.39%. On a $10,000 position that is $55 vs $39 annually, a gap of $16 per year that compounds over a long holding period. On income, DIVP currently yields 6.81% against 0.53% for LRGC.
Holdings Overlap
18.1% of DIVP's money is in holdings LRGC also owns. 6.3% of LRGC's money is in holdings DIVP also owns.
DIVP and LRGC share little of their money.
5 positions in common, counted across the 35 positions we hold weights for in DIVP and 69 in LRGC, against full books of 47 and 72.
What only one of them owns
Our book lists 60 positions for LRGC that do not appear in our book for DIVP (89.6% of the fund), and 28 for DIVP that do not appear in LRGC (76.3%).
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.
You are not choosing between two funds in isolation.
Whichever of DIVP and LRGC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVP or LRGC?
DIVP has an expense ratio of 0.55% while LRGC charges 0.39%. LRGC is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, DIVP or LRGC?
Over the past year DIVP returned +14.04% vs +13.29% for LRGC, so DIVP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVP or LRGC?
LRGC has been the more volatile fund at 12.4% annualized versus 10.4% for DIVP. Worst drawdown: DIVP -13.4% vs LRGC -19.4%.
Should I hold both DIVP and LRGC?
DIVP and LRGC have a monthly-return correlation of 0.39, 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 DIVP and LRGC?
18.1% of DIVP's money is in holdings LRGC also owns. 6.3% of LRGC's is in holdings DIVP also owns. They hold 5 positions in common, counted across the 35 positions we hold weights for in DIVP and 69 in LRGC.
Which pays a higher dividend, DIVP or LRGC?
DIVP yields 6.81% while LRGC yields 0.53%, so DIVP currently pays the higher dividend yield.
Is LRGC better than DIVP?
LRGC has a lower expense ratio. DIVP led over 1Y, LRGC over the full window. DIVP is less concentrated, with 36.4% of the fund in its ten largest positions against 44.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.