LGHT vs USMC
Langar Global Healthtech ETF vs Principal U.S. Mega-Cap ETF
Which is better, LGHT or USMC?
USMC has been ahead.
USMC has a lower expense ratio. USMC led over 1Y and the full window. USMC is less concentrated, with 55.3% of the fund in its ten largest positions against 75.5%.
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 | LGHT | USMC |
|---|---|---|
| Expense Ratio | 0.85% | 0.12%Best |
| AUM | $2M | $5.2B |
| Dividend Yield | 0.00% | 0.74% |
| Holdings | 32 | 58 |
| YTD Return | +12.20% | +13.94%Best |
| 1Y Return | +11.48% | +14.26%Best |
| 3Y Return (annualized) | - | +22.18% |
| 5Y Return (annualized) | - | +14.65% |
| Volatility (annualized) | 17.9% | 11.8%Best |
| Max Drawdown | -28.6% | -19.1%Best |
| $10,000 over 2.8 years | $11,023 | $16,856Best |
| Top 10 Weight | 75.5% | 55.3%Best |
| Fund Family | Langar Investment Management | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 10, 2024 | Oct 11, 2017 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 10, 2024 to Oct 15, 2026 (2.8 years).
LGHT 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 2.8 years both funds cover.
LGHT vs USMC Performance
Langar Global Healthtech ETF (LGHT) is an ETF from Langar Investment Management and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year LGHT returned +11.48% while USMC returned +14.26%. Year to date, LGHT is up 12.20% versus a gain of 13.94% for USMC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGHT has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 11.8% for USMC. 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 -28.6% for LGHT 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 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LGHT charges 0.85% per year while USMC charges 0.12%. On a $10,000 position that is $85 vs $12 annually, a gap of $73 per year that compounds over a long holding period. On income, LGHT currently yields 0.00% against 0.74% for USMC.
Holdings Overlap
We hold position weights for 31 holdings in LGHT and 27 in USMC, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 31 positions we hold weights for in LGHT and 27 in USMC, against full books of 32 and 58.
What only one of them owns
Our book lists 27 positions for USMC that do not appear in our book for LGHT (100.0% of the fund), and 27 for LGHT that do not appear in USMC (89.1%).
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.
You are not choosing between two funds in isolation.
Whichever of LGHT and USMC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LGHT or USMC?
LGHT has an expense ratio of 0.85% while USMC charges 0.12%. USMC is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, LGHT or USMC?
Over the past year LGHT returned +11.48% vs +14.26% for USMC, so USMC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LGHT or USMC?
LGHT has been the more volatile fund at 17.9% annualized versus 11.8% for USMC. Worst drawdown: LGHT -28.6% vs USMC -19.1%.
Should I hold both LGHT and USMC?
LGHT and USMC have a monthly-return correlation of 0.40, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, LGHT or USMC?
LGHT yields 0.00% while USMC yields 0.74%, so USMC currently pays the higher dividend yield.
Is USMC better than LGHT?
USMC has a lower expense ratio. USMC led over 1Y and the full window. USMC is less concentrated, with 55.3% of the fund in its ten largest positions against 75.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.