FFOG vs FLCG
Franklin Focused Dynamic Growth ETF vs Federated Hermes MDT Large Cap Growth ETF
Which is better, FFOG or FLCG?
Each has led over a different period.
FLCG has a lower expense ratio. FFOG led over the full window, FLCG over 1Y. The two have moved almost in lockstep, correlation 0.90. FFOG is less concentrated, with 55.5% of the fund in its ten largest positions against 56.5%.
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 | FFOG | FLCG |
|---|---|---|
| Expense Ratio | 0.41% | 0.39%Best |
| AUM | $386M | $687M |
| Dividend Yield | 0.00% | 0.04% |
| Holdings | 43 | 208 |
| YTD Return | +8.34%Best | +7.29% |
| 1Y Return | +7.46% | +9.89%Best |
| 3Y Return (annualized) | +25.71% | - |
| Volatility (annualized) | 20.8% | 15.3%Best |
| Max Drawdown | -25.4% | -22.9%Best |
| $10,000 over 2.2 years | $14,203Best | $14,083 |
| Top 10 Weight | 55.5%Best | 56.5% |
| Fund Family | Franklin Templeton Investments (US) | Federated Hermes |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 6, 2023 | Jul 30, 2024 |
Not shown on this pair: 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).
FFOG 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.
FFOG vs FLCG Performance
Franklin Focused Dynamic Growth ETF (FFOG) is an ETF from Franklin Templeton Investments (US) and Federated Hermes MDT Large Cap Growth ETF (FLCG) is an ETF from Federated Hermes. Over the past year FFOG returned +7.46% while FLCG returned +9.89%. Year to date, FFOG is up 8.34% versus a gain of 7.29% for FLCG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFOG has been the more volatile fund, with annualized monthly volatility of 20.8% 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 -25.4% for FFOG 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FFOG charges 0.41% per year while FLCG charges 0.39%. On a $10,000 position that is $41 vs $39 annually, a gap of $2 per year that compounds over a long holding period. On income, FFOG currently yields 0.00% against 0.04% for FLCG.
Holdings Overlap
73.1% of FFOG's money is in holdings FLCG also owns. 62.9% of FLCG's money is in holdings FFOG also owns.
Most of FFOG is already inside FLCG. Owning both mostly buys the same companies twice.
23 positions in common, counted across the 41 positions we hold weights for in FFOG and 100 in FLCG, against full books of 43 and 208.
What only one of them owns
Our book lists 72 positions for FLCG that do not appear in our book for FFOG (36.4% of the fund), and 9 for FFOG that do not appear in FLCG (11.1%).
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 FFOG | Weight in FLCG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 10.05% | 15.20% | 5.15% |
| GOOGLAlphabet Inc | 7.96% | 11.70% | 3.74% |
| AAPLApple, Inc | 5.50% | 7.97% | 2.47% |
| AMZNAmazon.Com Inc | 8.49% | 0.61% | 7.88% |
| MSFTMicrosoft Corp | 3.90% | 4.54% | 0.64% |
| METAMeta Platforms Inc | 4.98% | 2.88% | 2.10% |
| AVGOBroadcom Inc | 3.45% | 3.10% | 0.35% |
| SNDKVSandisk Corp. | 3.92% | 0.92% | 3.00% |
| LLYEli Lilly & Co. | 2.01% | 2.37% | 0.36% |
| TSLATesla Inc | 1.33% | 3.00% | 1.67% |
73.1% of FFOG 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, FFOG or FLCG?
FFOG has an expense ratio of 0.41% while FLCG charges 0.39%. FLCG is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, FFOG or FLCG?
Over the past year FFOG returned +7.46% vs +9.89% for FLCG, so FLCG leads on 1-year performance. Over the longest common window we track (2 years), FFOG annualized +17.29% vs +16.84% for FLCG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FFOG or FLCG?
FFOG has been the more volatile fund at 20.8% annualized versus 15.3% for FLCG. Worst drawdown: FFOG -25.4% vs FLCG -22.9%.
Should I hold both FFOG and FLCG?
FFOG and FLCG have a monthly-return correlation of 0.90, 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 FFOG and FLCG?
73.1% of FFOG's money is in holdings FLCG also owns. 62.9% of FLCG's is in holdings FFOG also owns. They hold 23 positions in common, counted across the 41 positions we hold weights for in FFOG and 100 in FLCG.
Which pays a higher dividend, FFOG or FLCG?
FFOG yields 0.00% while FLCG yields 0.04%, so FLCG currently pays the higher dividend yield.
Is FLCG better than FFOG?
FLCG has a lower expense ratio. FFOG led over the full window, FLCG over 1Y. The two have moved almost in lockstep, correlation 0.90. FFOG is less concentrated, with 55.5% of the fund in its ten largest positions against 56.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.