FFOG vs LRGG

FFOG vs LRGG

Which is better, FFOG or LRGG?

FFOG has been ahead.

FFOG has a lower expense ratio. FFOG led over 1Y and the full window. FFOG is less concentrated, with 55.5% of the fund in its ten largest positions against 71.4%.

Lower Fees: FFOGHigher Returns: FFOGLess Concentrated: FFOG

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

MetricFFOGLRGG
Expense Ratio0.41%Best0.44%
AUM$386M$295M
Dividend Yield0.00%0.15%
Holdings4344
YTD Return+8.34%Best+3.29%
1Y Return+7.46%Best+3.58%
3Y Return (annualized)+25.71%-
Volatility (annualized)20.7%12.4%Best
Max Drawdown-25.4%-18.9%Best
$10,000 over 2.4 years$14,663Best$11,970
Top 10 Weight55.5%Best71.4%
Fund FamilyFranklin Templeton Investments (US)Nomura Asset Management Co Ltd
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Growth
InceptionNov 6, 2023May 14, 2024

Not shown on this pair: 5Y Return (annualized).

Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 15, 2024 to Oct 14, 2026 (2.4 years).

FFOG vs LRGG 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 2.4 years both funds cover.

Compare FFOG against instead:FFOG vs SPYFFOG vs QQQFFOG vs VOOFFOG vs VTILRGG against:LRGG vs VXUS

FFOG vs LRGG Performance

Franklin Focused Dynamic Growth ETF (FFOG) is an ETF from Franklin Templeton Investments (US) and Nomura Focused Large Growth ETF (LRGG) is an ETF from Nomura Asset Management Co Ltd. Over the past year FFOG returned +7.46% while LRGG returned +3.58%. Year to date, FFOG is up 8.34% versus a gain of 3.29% for LRGG.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FFOG has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 12.4% for LRGG. 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 -18.9% for LRGG. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

FFOG charges 0.41% per year while LRGG charges 0.44%. On a $10,000 position that is $41 vs $44 annually, a gap of $3 per year that compounds over a long holding period. On income, FFOG currently yields 0.00% against 0.15% for LRGG.

Holdings Overlap

FFOG already in LRGG37.2%
LRGG already in FFOG46.7%

37.2% of FFOG's money is in holdings LRGG also owns. 46.7% of LRGG's money is in holdings FFOG also owns.

The two portfolios partly overlap.

7 positions in common, counted across the 41 positions we hold weights for in FFOG and 21 in LRGG, against full books of 43 and 44.

What only one of them owns

Our book lists 13 positions for LRGG that do not appear in our book for FFOG (50.1% of the fund), and 27 for FFOG that do not appear in LRGG (53.6%).

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

StockWeight in FFOGWeight in LRGGDifference
NVDANvidia Corp10.05%17.15%7.10%
MSFTMicrosoft Corp3.90%9.02%5.12%
AAPLApple, Inc5.50%6.88%1.38%
AMZNAmazon.Com Inc8.49%3.49%5.00%
2330:TWTaiwan Semiconductor Manufacturing Co Ltd4.29%6.23%1.94%
MAMastercard Inc2.62%2.42%0.20%
ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares2.34%1.53%0.81%

46.7% of LRGG is already inside FFOG.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

FFOGLRGG

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Frequently Asked Questions

Which is cheaper, FFOG or LRGG?

FFOG has an expense ratio of 0.41% while LRGG charges 0.44%. FFOG is the cheaper option, by $3 a year on a $10,000 investment.

Which performed better, FFOG or LRGG?

Over the past year FFOG returned +7.46% vs +3.58% for LRGG, so FFOG leads on 1-year performance. Over the longest common window we track (2 years), FFOG annualized +17.29% vs +7.78% for LRGG. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, FFOG or LRGG?

FFOG has been the more volatile fund at 20.7% annualized versus 12.4% for LRGG. Worst drawdown: FFOG -25.4% vs LRGG -18.9%.

Should I hold both FFOG and LRGG?

FFOG and LRGG have a monthly-return correlation of 0.73, 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 FFOG and LRGG?

46.7% of LRGG's money is in holdings FFOG also owns. 46.7% of LRGG's is in holdings FFOG also owns. They hold 7 positions in common, counted across the 41 positions we hold weights for in FFOG and 21 in LRGG.

Which pays a higher dividend, FFOG or LRGG?

FFOG yields 0.00% while LRGG yields 0.15%, so LRGG currently pays the higher dividend yield.

Is LRGG better than FFOG?

FFOG has a lower expense ratio. FFOG led over 1Y and the full window. FFOG is less concentrated, with 55.5% of the fund in its ten largest positions against 71.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.