LCDS vs USMC
JPMorgan Fundamental Data Science Large Core ETF vs Principal U.S. Mega-Cap ETF
Which is better, LCDS or USMC?
Each has led over a different period.
USMC has a lower expense ratio. LCDS led over 1Y, USMC over the full window. The two have moved almost in lockstep, correlation 0.94. LCDS is less concentrated, with 44.3% of the fund in its ten largest positions against 55.3%.
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 | LCDS | USMC |
|---|---|---|
| Expense Ratio | 0.30% | 0.12%Best |
| AUM | $17M | $5.2B |
| Dividend Yield | 0.86% | 0.74% |
| Holdings | 230 | 58 |
| YTD Return | +13.43% | +13.98%Best |
| 1Y Return | +18.13%Best | +14.91% |
| 3Y Return (annualized) | - | +22.22% |
| 5Y Return (annualized) | - | +14.81% |
| Volatility (annualized) | 11.9%Tie | 11.9%Tie |
| Max Drawdown | -18.4%Best | -19.1% |
| $10,000 over 2.2 years | $14,806 | $14,992Best |
| Top 10 Weight | 44.3%Best | 55.3% |
| Fund Family | J.P. Morgan Asset Management | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 7, 2024 | Oct 11, 2017 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 8, 2024 to Oct 14, 2026 (2.2 years).
LCDS vs USMC 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.
LCDS vs USMC Performance
JPMorgan Fundamental Data Science Large Core ETF (LCDS) is an ETF from J.P. Morgan Asset Management and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year LCDS returned +18.13% while USMC returned +14.91%. Year to date, LCDS is up 13.43% versus a gain of 13.98% for USMC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LCDS and USMC have been equally volatile, both at 11.9% annualized.
The deepest peak-to-trough decline in our data was -18.4% for LCDS and -19.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
LCDS charges 0.30% per year while USMC charges 0.12%. On a $10,000 position that is $30 vs $12 annually, a gap of $18 per year that compounds over a long holding period. On income, LCDS currently yields 0.86% against 0.74% for USMC.
Holdings Overlap
50.5% of LCDS's money is in holdings USMC also owns. 74.5% of USMC's money is in holdings LCDS also owns.
Most of USMC is already inside LCDS. Owning both mostly buys the same companies twice.
18 positions in common, counted across the 113 positions we hold weights for in LCDS and 27 in USMC, against full books of 230 and 58.
What only one of them owns
Our book lists 9 positions for USMC that do not appear in our book for LCDS (25.4% of the fund), and 93 for LCDS that do not appear in USMC (48.8%).
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 LCDS | Weight in USMC | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 9.22% | 7.99% | 1.23% |
| AAPLApple, Inc | 7.46% | 7.40% | 0.06% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.60% | 5.55% | 1.05% |
| GOOGLAlphabet Inc Cap Stk Cl A | 4.95% | 5.33% | 0.38% |
| MUMicron Technology, Inc. | 2.67% | 7.18% | 4.51% |
| AMZNAmazon.Com Inc | 4.19% | 3.77% | 0.42% |
| METAMeta Platform Inc | 3.02% | 3.92% | 0.90% |
| AVGOBroadcom Inc | 2.34% | 4.44% | 2.10% |
| MAMastercard Inc | 1.63% | 4.32% | 2.69% |
| BACBank Of America Corp. | 1.21% | 3.82% | 2.61% |
74.5% of USMC is already inside LCDS.
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, LCDS or USMC?
LCDS has an expense ratio of 0.30% while USMC charges 0.12%. USMC is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, LCDS or USMC?
Over the past year LCDS returned +18.13% vs +14.91% for USMC, so LCDS leads on 1-year performance. Over the longest common window we track (2 years), LCDS annualized +19.53% vs +20.21% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LCDS or USMC?
LCDS and USMC have been equally volatile, both at 11.9% annualized. Worst drawdown: LCDS -18.4% vs USMC -19.1%.
Should I hold both LCDS and USMC?
LCDS and USMC have a monthly-return correlation of 0.94, 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 LCDS and USMC?
74.5% of USMC's money is in holdings LCDS also owns. 74.5% of USMC's is in holdings LCDS also owns. They hold 18 positions in common, counted across the 113 positions we hold weights for in LCDS and 27 in USMC.
Which pays a higher dividend, LCDS or USMC?
LCDS yields 0.86% while USMC yields 0.74%, so LCDS currently pays the higher dividend yield.
Is USMC better than LCDS?
USMC has a lower expense ratio. LCDS led over 1Y, USMC over the full window. The two have moved almost in lockstep, correlation 0.94. LCDS is less concentrated, with 44.3% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.