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LCF

GradeDChicago Board Options Exchange

Touchstone US Large Cap Focused ETF

Active Equity · Touchstone · Inception 2022-07-27

$46.03−0.40 (−0.87%)

As of Sep 23, 2026, 1:06 PM EDT

History starts Jul 29, 2022.
Intraday session: down, 3 prints from 46.43 to 46.03. Range 46.03 to 46.43. Use the arrow keys to read each point.$46.10$46.20$46.30$46.4010 AM12 PM2 PM4 PM
Expense ratio
1.18%
Fund size
$69M
1Y return
+11.6%
Yield · Last 12 months
0.50%
Volume · 30D
0M sh
NAV per share
$46.67
52W range
low $37.99high $46.92

The ETF.net LCF Grade

D

27/ 100

Rank 55 of 66 in US Active Value

Confidence High

Six-pillar profile for LCF. Scores out of 100: Cost 2, Risk 42, Mission 80, Tradability 60, Holdings 28, Durability 42. Strongest: Mission (80). Weakest: Cost (2). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 27 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 2
    Category rank65/66 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 80
    Category rank8/27 · top 30%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 42
    Category rank42/62 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 60
    Category rank21/66 · top 32%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 28
    Category rank62/66 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 42
    Category rank50/66 · bottom quartile

Graded as of Sep 22, 2026

Our read on LCF

ETF.net Research

DFocused is literal here: 25 to 45 US large caps, each needing a discount to Fort Washington's intrinsic-value estimate plus a real moat. A stock-picker's portfolio in a corner of the market ruled by cheap quant value funds.

Stated mandate

The Fund seeks capital appreciation through an actively managed portfolio of U.S. companies selected for attractive intrinsic value and durable competitive advantages.

Why people hold it

  1. 01The prospectus caps the roster at 25 to 45 companies and the fund is non-diversified, so a high-conviction name actually moves the needle instead of getting diluted.sec.gov
  2. 02Two filters, not one: a stock has to trade below the sub-adviser's estimate of intrinsic value and hold a barrier to entry such as scale, cost advantage or customer loyalty.sec.gov
  3. 03Run since the 2022 launch by Fort Washington, the investment arm of parent Western & Southern. Positions are sold as they reach the sub-adviser's intrinsic-value estimate.sec.govsec.gov
  4. 04It runs true to the label: at least 80% of assets in US-listed large caps, with a $5 billion minimum market cap at purchase and no drift outside the mandate.sec.gov

Worth knowing

  1. 01Cost is the trade-off. The 1.29% sticker fee sits well above the large-cap value median, and index-based peers like AVLV (0.15%) and DFLV (0.21%) charge a sliver of that.
  2. 02What you actually pay leans on a contractual fee waiver with a set end date that has to be renewed, and the adviser can recoup waived fees for up to three years.sec.gov
  3. 03Small fund, light volume, so spreads can be wider than in the giant value ETFs. Concentration and permitted sector emphasis mean single stocks land harder.sec.gov

LCF Holdings

As of Sep 20, 2026, 8:47 AM
Asset class
Stocks
Holdings
Top-10 weight
56%
Largest holding
MSFT9.0%

Sectors

  • Technology37.0%
  • Communication16.2%
  • Financials14.2%
  • Health Care9.8%
  • Consumer Discr.8.7%
  • Industrials5.6%
  • Cons. Staples3.9%
  • Energy2.5%
  • Real Estate1.5%
  • Materials0.7%

Geography

  • United States98.13%
  • Ireland1.87%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSFTMICROSOFT CORP9.02%12,583$6M792
002GOOGALPHABET INC8.67%17,351$6M471
003AAPLAPPLE INC8.27%16,956$6M707
004NVDANVIDIA CORP7.71%23,895$5M828
005METAMETA PLATFORMS INC6.10%6,321$4M683
006AMZNAMAZON.COM INC5.75%15,601$4M720
007BACBANK OF AMERICA CORP3.11%37,117$2M440
008BNY DREYFUS GOVERNMENT CASH2.82%1,945,293$2M24
009XOMEXXONMOBIL HOLDINGS CORP2.48%10,458$2M501
010PMPHILIP MORRIS INTERNATIONAL INC2.41%8,816$2M412
011AMATAPPLIED MATERIALS INC2.24%3,472$2M558
012VVISA INC2.22%4,150$2M550
013AVGOBROADCOM INC2.17%4,192$1M732
014SCHWCHARLES SCHWAB CORP/THE2.05%13,442$1M385
015ABNBAIRBNB INC1.87%7,749$1M405

Showing 1–15 of 45 holdings

LCF Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

LCF$11,163
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. LCF $11,163. SPY $11,723. Use the arrow keys to read each point.$8,949$10,460$11,970Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for LCF. Periods over one year show the average yearly return.
PeriodLCF
Year to date+9.8%
1 month+0.9%
3 months+8.2%
1 year+11.6%
3 years+19.2%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for LCF
YearReturn barLCF
2026 YTD+9.8%
2025+17.2%
2024+20.7%
2023+26.2%
2022−5.2%

History from Jul 29, 2022

LCF in the news

ETF.net Research hasn’t filed on LCF yet — coverage lands here as it’s written.

LCF Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.50%Last 12 months
Payout per share
$0.23Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 28, 2022 $0.06; Dec 27, 2023 $0.21; Dec 30, 2024 $0.23; Dec 30, 2025 $0.23. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.23
Dec 30, 2024Dec 31, 2024$0.23
Dec 27, 2023Dec 29, 2023$0.21
Dec 28, 2022Dec 30, 2022$0.06

LCF Risk

How much the fund’s monthly returns vary, scaled to a year.
12.9%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.98
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−18.3%
49 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.95
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

LCF Cost

Expense ratio1.18%
  • The middle half of US Active Value funds
  • Median 0.55%

64 of the 66 US Active Value funds charge less.

LCF costs $118.00 a year on $10,000. The median US Active Value fund costs $55.00.