FLCG vs LRGG
Federated Hermes MDT Large Cap Growth ETF vs Nomura Focused Large Growth ETF
Which is better, FLCG or LRGG?
FLCG has been ahead.
FLCG has a lower expense ratio. FLCG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. FLCG is less concentrated, with 56.5% of the fund in its ten largest positions against 71.4%.
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 | FLCG | LRGG |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.44% |
| AUM | $687M | $295M |
| Dividend Yield | 0.04% | 0.15% |
| Holdings | 208 | 44 |
| YTD Return | +7.29%Best | +3.29% |
| 1Y Return | +9.89%Best | +3.58% |
| Volatility (annualized) | 15.3% | 12.3%Best |
| Max Drawdown | -22.9% | -18.9%Best |
| $10,000 over 2.2 years | $14,083Best | $11,469 |
| Top 10 Weight | 56.5%Best | 71.4% |
| Fund Family | Federated Hermes | Nomura Asset Management Co Ltd |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 30, 2024 | May 14, 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).
FLCG 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 2.2 years both funds cover.
FLCG vs LRGG Performance
Federated Hermes MDT Large Cap Growth ETF (FLCG) is an ETF from Federated Hermes and Nomura Focused Large Growth ETF (LRGG) is an ETF from Nomura Asset Management Co Ltd. Over the past year FLCG returned +9.89% while LRGG returned +3.58%. Year to date, FLCG is up 7.29% versus a gain of 3.29% for LRGG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCG has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.3% 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 -22.9% for FLCG 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLCG charges 0.39% per year while LRGG charges 0.44%. On a $10,000 position that is $39 vs $44 annually, a gap of $5 per year that compounds over a long holding period. On income, FLCG currently yields 0.04% against 0.15% for LRGG.
Holdings Overlap
31.2% of FLCG's money is in holdings LRGG also owns. 48.3% of LRGG's money is in holdings FLCG also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 100 positions we hold weights for in FLCG and 21 in LRGG, against full books of 208 and 44.
What only one of them owns
Our book lists 11 positions for LRGG that do not appear in our book for FLCG (40.8% of the fund), and 88 for FLCG that do not appear in LRGG (68.1%).
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
48.3% of LRGG 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, FLCG or LRGG?
FLCG has an expense ratio of 0.39% while LRGG charges 0.44%. FLCG is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, FLCG or LRGG?
Over the past year FLCG returned +9.89% vs +3.58% for LRGG, so FLCG leads on 1-year performance. Over the longest common window we track (2 years), FLCG annualized +16.84% vs +6.43% for LRGG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCG or LRGG?
FLCG has been the more volatile fund at 15.3% annualized versus 12.3% for LRGG. Worst drawdown: FLCG -22.9% vs LRGG -18.9%.
Should I hold both FLCG and LRGG?
FLCG and LRGG 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 FLCG and LRGG?
48.3% of LRGG's money is in holdings FLCG also owns. 48.3% of LRGG's is in holdings FLCG also owns. They hold 7 positions in common, counted across the 100 positions we hold weights for in FLCG and 21 in LRGG.
Which pays a higher dividend, FLCG or LRGG?
FLCG yields 0.04% while LRGG yields 0.15%, so LRGG currently pays the higher dividend yield.
Is LRGG better than FLCG?
FLCG has a lower expense ratio. FLCG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. FLCG is less concentrated, with 56.5% 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.