FLCG vs MFSG
Federated Hermes MDT Large Cap Growth ETF vs MFS Active Growth ETF
Which is better, FLCG or MFSG?
Nearly the same fund. FLCG costs less.
FLCG has a lower expense ratio. FLCG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. MFSG is less concentrated, with 53.3% 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 | FLCG | MFSG |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.49% |
| AUM | $687M | $406M |
| Dividend Yield | 0.04% | 0.06% |
| Holdings | 208 | 69 |
| YTD Return | +7.29% | +7.53%Best |
| 1Y Return | +9.89%Best | +9.18% |
| Volatility (annualized) | 16.3%Best | 17.5% |
| Max Drawdown | -22.9%Best | -23.2% |
| $10,000 over 1.9 years | $12,103Best | $12,025 |
| Top 10 Weight | 56.5% | 53.3%Best |
| Fund Family | Federated Hermes | MFS Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 30, 2024 | Dec 5, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 5, 2024 to Oct 14, 2026 (1.9 years).
FLCG vs MFSG 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 1.9 years both funds cover.
FLCG vs MFSG Performance
Federated Hermes MDT Large Cap Growth ETF (FLCG) is an ETF from Federated Hermes and MFS Active Growth ETF (MFSG) is an ETF from MFS Investment Management. Over the past year FLCG returned +9.89% while MFSG returned +9.18%. Year to date, FLCG is up 7.29% versus a gain of 7.53% for MFSG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MFSG has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 16.3% 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 -22.9% for FLCG and -23.2% for MFSG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. 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 MFSG charges 0.49%. On a $10,000 position that is $39 vs $49 annually, a gap of $10 per year that compounds over a long holding period. On income, FLCG currently yields 0.04% against 0.06% for MFSG.
Holdings Overlap
69.9% of FLCG's money is in holdings MFSG also owns. 66.8% of MFSG's money is in holdings FLCG also owns.
The two portfolios partly overlap.
28 positions in common, counted across the 100 positions we hold weights for in FLCG and 67 in MFSG, against full books of 208 and 69.
What only one of them owns
Our book lists 34 positions for MFSG that do not appear in our book for FLCG (27.9% of the fund), and 67 for FLCG that do not appear in MFSG (29.4%).
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 FLCG | Weight in MFSG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 15.20% | 13.98% | 1.22% |
| GOOGLAlphabet Inc | 11.70% | 11.60% | 0.10% |
| AAPLApple, Inc | 7.97% | 6.42% | 1.55% |
| MSFTMicrosoft Corp | 4.54% | 5.28% | 0.74% |
| AVGOBroadcom Inc | 3.10% | 3.20% | 0.10% |
| METAMeta Platforms Inc | 2.88% | 2.81% | 0.07% |
| ANETArista Networks Inc. | 2.58% | 1.96% | 0.62% |
| GEVGe Vernova, Inc. | 2.19% | 1.90% | 0.29% |
| MUMicron Technology, Inc. | 2.76% | 1.15% | 1.61% |
| TSLATesla Inc | 3.00% | 0.86% | 2.14% |
69.9% of FLCG is already inside MFSG.
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 MFSG?
FLCG has an expense ratio of 0.39% while MFSG charges 0.49%. FLCG is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, FLCG or MFSG?
Over the past year FLCG returned +9.89% vs +9.18% for MFSG, so FLCG leads on 1-year performance. Over the longest common window we track (2 years), FLCG annualized +10.57% vs +10.19% for MFSG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCG or MFSG?
MFSG has been the more volatile fund at 17.5% annualized versus 16.3% for FLCG. Worst drawdown: FLCG -22.9% vs MFSG -23.2%.
Should I hold both FLCG and MFSG?
FLCG and MFSG have a monthly-return correlation of 0.95, 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 MFSG?
69.9% of FLCG's money is in holdings MFSG also owns. 66.8% of MFSG's is in holdings FLCG also owns. They hold 28 positions in common, counted across the 100 positions we hold weights for in FLCG and 67 in MFSG.
Which pays a higher dividend, FLCG or MFSG?
FLCG yields 0.04% while MFSG yields 0.06%, so MFSG currently pays the higher dividend yield.
Is MFSG 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 0.95. MFSG is less concentrated, with 53.3% 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.