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Launched

Touchstone US Large Cap Focused ETF

LCFCboeTouchstoneD

$44.93+0.05 (+0.12%)

As of Nov 2, 2026, 3:48 PM ET

D38/ 100

Rank 48 of 66 in US Active Value

D38/100Rank 48 of 66inUS Active Value
Intraday session: up, 71 prints from 44.88 to 44.93. Range 44.88 to 45.43. Use the arrow keys to read each point.45.0045.1045.2045.3045.4010 AM12 PM2 PM4 PM
Expense ratio
0.56%*
Fund size
$70M
1Y total return
+7.2%
Yield · Last 12 months
0.51%
Holdings
46
Avg volume · 30D
818 sh
52W range
low $37.99high $47.03
Launched

*After a fee waiver that ends Apr 29, 2027. Without it: 1.18%.

The ETF.net LCF Grade

D

Score 38 out of 100

Category
US Active Value⁠
Rank
48 of 66
Six-pillar profile for LCF. Scores out of 100: Cost 41, Risk 36, Mission 78, Tradability 44, Holdings 29, Durability 41. Strongest: Mission (78). Weakest: Holdings (29). Leans toward Mission.

Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C41 out of 100
    Rank 36 of 66

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A78 out of 100
    Rank 8 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D36 out of 100
    Rank 50 of 65

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 39 of 66

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D29 out of 100
    Rank 60 of 66

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C41 out of 100
    Rank 50 of 66

Our read on LCF

ETF.net Research

In short

DA 25-to-45-stock book built on one idea: durable moats trading below their intrinsic value. Fort Washington runs it, non-diversified by design, at 0.56% net of a waiver through April 29, 2027.

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

  • The filter is specific: businesses trading below Fort Washington's estimate of intrinsic value with real barriers to entry (scale, customer loyalty, cost edge, a license).sec.gov
  • Genuinely concentrated. Generally 25 to 45 companies with cash held under 10% of assets, so individual picks actually move the portfolio.sec.gov
  • Since its 2022 launch it has stayed in its stated lane: US large caps bought on valuation, no drift into whatever is hot.

Worth knowing

  • 0.56% net of a waiver through April 29, 2027 (1.18% gross) sits near the category norm, but rules-based peers like WTV at 0.12% and AVLV at 0.15% cost far less.
  • Non-diversified cuts both ways: a stumble in one of a few dozen names lands harder here than in a 500-stock index fund.sec.gov
  • One of the smaller, more thinly traded funds in its category, so spreads can be wide. Limit orders are the standard tool.

LCF Performance

Launched Jul 27, 2022

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

Not enough history yet.Not enough history yet.
LCF$10,718
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. LCF $10,718. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+6.2%
1 month−2.2%
3 months−0.3%
1 year+7.2%
3 yearsper year+19.0%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+6.2%
2025+17.2%
2024+20.7%
2023+26.2%
2022−5.2%

History from Jul 29, 2022

LCF in the news

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 Oct 30, 2026.
0.51%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

$10,000 in LCF 3 years ago paid $240 in dividends.

LCF Risk

Risk pillarD36 out of 100Rank 50 of 65 in US Active Value
How much the fund’s monthly returns vary, scaled to a year.
12.5%
Annualised · 36 months to Oct 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.
1.11
vs 3-month T-bills · to Oct 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%
51 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.

FMP measures it over up to five years of monthly returns.

LCF Cost

Compare LCF and WTV

Overpaying vs WTV, cheapest in US Active Value

$8,568

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • LCF 0.56%

    $11,088

  • WTV 0.12% Cheapest

    $2,520

$10,000
30 years

Cost over time

  • LCF 0.56%
  • WTV 0.12%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530LCF $11,088WTV $2,520

Year by year

YearLCFWTVOverpaying
10$1,006$220$786
20$3,855$859$2,996
30$11,088$2,520$8,568
How the 0.56% is worked out

Full fee 1.18%− waiver 0.62%= you pay 0.56%

The waiver ends Apr 29, 2027. After that the fee is 1.18% unless Touchstone renews it. Source: prospectus, Apr 2026.

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