HQGO vs LRGG
Hartford US Quality Growth ETF vs Nomura Focused Large Growth ETF
Which is better, HQGO or LRGG?
HQGO has been ahead.
HQGO has a lower expense ratio. HQGO led over 1Y and the full window. HQGO is less concentrated, with 38.1% 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 | HQGO | LRGG |
|---|---|---|
| Expense Ratio | 0.34%Best | 0.44% |
| AUM | $3M | $295M |
| Dividend Yield | 0.51% | 0.15% |
| Holdings | 192 | 44 |
| YTD Return | +12.84%Best | +3.29% |
| 1Y Return | +15.94%Best | +3.58% |
| Volatility (annualized) | 12.4%Tie | 12.4%Tie |
| Max Drawdown | -20.9% | -18.9%Best |
| $10,000 over 2.4 years | $14,517Best | $11,970 |
| Top 10 Weight | 38.1%Best | 71.4% |
| Fund Family | Hartford Funds | Nomura Asset Management Co Ltd |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 5, 2023 | May 14, 2024 |
Not shown on this pair: 3Y Return (annualized), 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).
HQGO 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.
HQGO vs LRGG Performance
Hartford US Quality Growth ETF (HQGO) is an ETF from Hartford Funds and Nomura Focused Large Growth ETF (LRGG) is an ETF from Nomura Asset Management Co Ltd. Over the past year HQGO returned +15.94% while LRGG returned +3.58%. Year to date, HQGO is up 12.84% versus a gain of 3.29% for LRGG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HQGO and LRGG have been equally volatile, both at 12.4% annualized.
The deepest peak-to-trough decline in our data was -20.9% for HQGO 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HQGO charges 0.34% per year while LRGG charges 0.44%. On a $10,000 position that is $34 vs $44 annually, a gap of $10 per year that compounds over a long holding period. On income, HQGO currently yields 0.51% against 0.15% for LRGG.
Holdings Overlap
22.5% of HQGO's money is in holdings LRGG also owns. 56.5% of LRGG's money is in holdings HQGO also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 190 positions we hold weights for in HQGO and 21 in LRGG, against full books of 192 and 44.
What only one of them owns
Our book lists 8 positions for LRGG that do not appear in our book for HQGO (32.6% of the fund), and 178 for HQGO that do not appear in LRGG (77.3%).
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 HQGO | Weight in LRGG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.49% | 17.15% | 11.66% |
| MSFTMicrosoft Corp | 4.71% | 9.02% | 4.31% |
| AAPLApple, Inc | 5.37% | 6.88% | 1.51% |
| AMZNAmazon.Com Inc | 4.33% | 3.49% | 0.84% |
| VVisa Inc Class A | 0.73% | 4.60% | 3.87% |
| ISRGIntuitive Surgical Inc. | 0.06% | 4.50% | 4.44% |
| MSCIM S C I Inc. | 0.62% | 2.89% | 2.27% |
| SPGIS&p Global Inc. | 0.04% | 3.37% | 3.33% |
| MAMastercard Inc | 0.76% | 2.42% | 1.66% |
| VRSNVerisign Inc. | 0.42% | 2.18% | 1.76% |
56.5% of LRGG is already inside HQGO.
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, HQGO or LRGG?
HQGO has an expense ratio of 0.34% while LRGG charges 0.44%. HQGO is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, HQGO or LRGG?
Over the past year HQGO returned +15.94% vs +3.58% for LRGG, so HQGO leads on 1-year performance. Over the longest common window we track (2 years), HQGO annualized +16.80% vs +7.78% for LRGG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HQGO or LRGG?
HQGO and LRGG have been equally volatile, both at 12.4% annualized. Worst drawdown: HQGO -20.9% vs LRGG -18.9%.
Should I hold both HQGO and LRGG?
HQGO and LRGG have a monthly-return correlation of 0.82, 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 HQGO and LRGG?
56.5% of LRGG's money is in holdings HQGO also owns. 56.5% of LRGG's is in holdings HQGO also owns. They hold 10 positions in common, counted across the 190 positions we hold weights for in HQGO and 21 in LRGG.
Which pays a higher dividend, HQGO or LRGG?
HQGO yields 0.51% while LRGG yields 0.15%, so HQGO currently pays the higher dividend yield.
Is LRGG better than HQGO?
HQGO has a lower expense ratio. HQGO led over 1Y and the full window. HQGO is less concentrated, with 38.1% 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.