LGDX vs NITE
Intech S&P Large Cap Diversified Alpha ETF vs The Nightview Fund ETF
Which is better, LGDX or NITE?
Each has led over a different period.
LGDX has a lower expense ratio. LGDX led over 1Y, NITE over the full window. LGDX is less concentrated, with 37.6% of the fund in its ten largest positions against 69.0%.
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 | LGDX | NITE |
|---|---|---|
| Expense Ratio | 0.25%Best | 1.25% |
| AUM | $147M | $35M |
| Dividend Yield | 0.47% | 0.00% |
| Holdings | 590 | 38 |
| YTD Return | +11.53%Best | +4.15% |
| 1Y Return | +14.44%Best | +10.11% |
| Volatility (annualized) | 12.5%Best | 20.8% |
| Max Drawdown | -15.8%Best | -22.6% |
| $10,000 over 1.6 years | $12,640 | $13,207Best |
| Top 10 Weight | 37.6%Best | 69.0% |
| Fund Family | Intech ETF | Nightview Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 1, 2025 | Jun 21, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 28, 2025 to Oct 14, 2026 (1.6 years).
LGDX vs NITE 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 1.6 years both funds cover.
LGDX vs NITE Performance
Intech S&P Large Cap Diversified Alpha ETF (LGDX) is an ETF from Intech ETF and The Nightview Fund ETF (NITE) is an ETF from Nightview Capital. Over the past year LGDX returned +14.44% while NITE returned +10.11%. Year to date, LGDX is up 11.53% versus a gain of 4.15% for NITE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NITE has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 12.5% for LGDX. 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 -15.8% for LGDX and -22.6% for NITE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LGDX charges 0.25% per year while NITE charges 1.25%. On a $10,000 position that is $25 vs $125 annually, a gap of $100 per year that compounds over a long holding period. On income, LGDX currently yields 0.47% against 0.00% for NITE.
Holdings Overlap
21.8% of LGDX's money is in holdings NITE also owns. 66.4% of NITE's money is in holdings LGDX also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 295 positions we hold weights for in LGDX and 19 in NITE, against full books of 590 and 38.
What only one of them owns
Our book lists 7 positions for NITE that do not appear in our book for LGDX (33.4% of the fund), and 279 for LGDX that do not appear in NITE (77.7%).
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 LGDX | Weight in NITE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.21% | 9.84% | 1.63% |
| TSLATesla Inc | 1.41% | 11.61% | 10.20% |
| AMZNAmazon.Com Inc | 2.63% | 8.10% | 5.47% |
| MSFTMicrosoft Corp | 4.92% | 3.50% | 1.42% |
| AMDAdvanced Micro Devices Inc | 1.55% | 5.61% | 4.06% |
| CRMSalesforce Inc Crm Us Equity | 0.10% | 4.99% | 4.89% |
| GSGoldman Sachs Group Inc/The | 0.95% | 3.68% | 2.73% |
| ORCLOracle Corp - Common | 0.60% | 3.96% | 3.36% |
| SCHWSchwab Strategic T | 0.58% | 3.75% | 3.17% |
| BLKBlackrock Funding Inc/De | 0.26% | 3.93% | 3.67% |
66.4% of NITE is already inside LGDX.
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, LGDX or NITE?
LGDX has an expense ratio of 0.25% while NITE charges 1.25%. LGDX is the cheaper option, by $100 a year on a $10,000 investment.
Which performed better, LGDX or NITE?
Over the past year LGDX returned +14.44% vs +10.11% for NITE, so LGDX leads on 1-year performance. Over the longest common window we track (2 years), LGDX annualized +15.77% vs +18.99% for NITE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LGDX or NITE?
NITE has been the more volatile fund at 20.8% annualized versus 12.5% for LGDX. Worst drawdown: LGDX -15.8% vs NITE -22.6%.
Should I hold both LGDX and NITE?
LGDX and NITE have a monthly-return correlation of 0.81, 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 LGDX and NITE?
66.4% of NITE's money is in holdings LGDX also owns. 66.4% of NITE's is in holdings LGDX also owns. They hold 12 positions in common, counted across the 295 positions we hold weights for in LGDX and 19 in NITE.
Which pays a higher dividend, LGDX or NITE?
LGDX yields 0.47% while NITE yields 0.00%, so LGDX currently pays the higher dividend yield.
Is NITE better than LGDX?
LGDX has a lower expense ratio. LGDX led over 1Y, NITE over the full window. LGDX is less concentrated, with 37.6% of the fund in its ten largest positions against 69.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.