EQTY vs USMC
Kovitz Core Equity ETF vs Principal U.S. Mega-Cap ETF
Which is better, EQTY or USMC?
USMC has been ahead.
USMC has a lower expense ratio. USMC led over 1Y, 3Y and the full window. EQTY is less concentrated, with 42.4% 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 | EQTY | USMC |
|---|---|---|
| Expense Ratio | 0.99% | 0.12%Best |
| AUM | $1.4B | $5.2B |
| Dividend Yield | 0.02% | 0.74% |
| Holdings | 39 | 58 |
| YTD Return | +8.78% | +13.98%Best |
| 1Y Return | +13.61% | +14.91%Best |
| 3Y Return (annualized) | +17.28% | +22.22%Best |
| 5Y Return (annualized) | - | +14.81% |
| Volatility (annualized) | 12.9% | 12.1%Best |
| Max Drawdown | -17.3%Best | -19.1% |
| $10,000 over 3.8 years | $17,972 | $21,276Best |
| Top 10 Weight | 42.4%Best | 55.3% |
| Fund Family | Kovitz Investment Group | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 28, 2011 | Oct 11, 2017 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 12, 2022 to Oct 14, 2026 (3.8 years).
EQTY 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 3.8 years both funds cover.
EQTY vs USMC Performance
Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year EQTY returned +13.61% while USMC returned +14.91%. Year to date, EQTY is up 8.78% versus a gain of 13.98% for USMC.
Over three years, EQTY compounded at +17.28% per year against +22.22% for USMC. Across the full 4-year window we track, USMC has the edge at +21.98% annualized vs +16.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQTY has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 12.1% 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 -17.3% for EQTY and -19.1% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EQTY charges 0.99% per year while USMC charges 0.12%. On a $10,000 position that is $99 vs $12 annually, a gap of $87 per year that compounds over a long holding period. On income, EQTY currently yields 0.02% against 0.74% for USMC.
Holdings Overlap
22.6% of EQTY's money is in holdings USMC also owns. 36.7% of USMC's money is in holdings EQTY also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 38 positions we hold weights for in EQTY and 27 in USMC, against full books of 39 and 58.
What only one of them owns
Our book lists 19 positions for USMC that do not appear in our book for EQTY (63.2% of the fund), and 29 for EQTY that do not appear in USMC (73.0%).
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 EQTY | Weight in USMC | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.09% | 5.55% | 0.46% |
| AAPLApple, Inc | 1.72% | 7.40% | 5.68% |
| VVisa Inc-class A Shares | 4.50% | 4.54% | 0.04% |
| METAMeta Platform Inc | 3.25% | 3.92% | 0.67% |
| AMZNAmazon.Com Inc | 3.14% | 3.77% | 0.63% |
| GOOGLAlphabet Inc Cap Stk Cl A | 0.85% | 5.33% | 4.48% |
| NFLXNetflix, Inc. | 2.54% | 3.16% | 0.62% |
| BRK.BBrk/B | 1.52% | 3.07% | 1.55% |
36.7% of USMC is already inside EQTY.
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, EQTY or USMC?
EQTY has an expense ratio of 0.99% while USMC charges 0.12%. USMC is the cheaper option, by $87 a year on a $10,000 investment.
Which performed better, EQTY or USMC?
Over the past year EQTY returned +13.61% vs +14.91% for USMC, so USMC leads on 1-year performance. Over the longest common window we track (4 years), EQTY annualized +16.68% vs +21.98% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQTY or USMC?
EQTY has been the more volatile fund at 12.9% annualized versus 12.1% for USMC. Worst drawdown: EQTY -17.3% vs USMC -19.1%.
Should I hold both EQTY and USMC?
EQTY and USMC have a monthly-return correlation of 0.80, 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 EQTY and USMC?
36.7% of USMC's money is in holdings EQTY also owns. 36.7% of USMC's is in holdings EQTY also owns. They hold 8 positions in common, counted across the 38 positions we hold weights for in EQTY and 27 in USMC.
Which pays a higher dividend, EQTY or USMC?
EQTY yields 0.02% while USMC yields 0.74%, so USMC currently pays the higher dividend yield.
Is USMC better than EQTY?
USMC has a lower expense ratio. USMC led over 1Y, 3Y and the full window. EQTY is less concentrated, with 42.4% 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.