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Launched · SEC filings

HCM Defender 500 Index ETF

LGHNYSE ArcaB

$67.55+0.01 (+0.01%)

As of Oct 13, 2026, 3:59 PM

B64/ 100

Rank 10 of 46 in Tactical Allocation

B64/100Rank 10 of 46inTactical Allocation
Intraday session: up, 79 prints from 67.54 to 67.55. Range 67.33 to 67.60. Use the arrow keys to read each point.67.3567.4067.4567.6010 AM12 PM2 PM4 PM
Expense ratio
1.00%
Fund size
$605M
1Y total return
+15.5%
Yield · Last 12 months
0.35%
Holdings
417
Avg volume · 30D
0M sh
NAV per share
$67.58
52W range
low $56.12high $67.97
Launched
Filings
SEC EDGAR

The ETF.net LGH Grade

B

Score 64 out of 100

Category
Tactical Allocation⁠
Rank
10 of 46
Six-pillar profile for LGH. Scores out of 100: Cost 38, Risk 37, Mission 82, Tradability 97, Holdings 82, Durability 89. Strongest: Tradability (97). Weakest: Risk (37). Leans toward Tradability.

Score 64 of 100 falls in the B 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.
    D38 out of 100
    Rank 29 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A82 out of 100
    Rank 6 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D37 out of 100
    Rank 35 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A97 out of 100
    Rank 1 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A82 out of 100
    Rank 4 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A89 out of 100
    Rank 1 of 46

Our read on LGH

ETF.net Research

BA large-cap U.S. stock fund with an escape hatch built in. The HCM Defender 500 Index can step equity exposure down to 70/30, 40/60, or all cash as conditions change, by rule rather than by a manager's hunch.

Stated mandate

The Fund seeks to track the HCM Defender 500 Index before fees and expenses. Its index generally uses large-capitalization U.S. equities but can reduce exposure through 70/30, 40/60, or all-cash positions as market conditions change.

Why people hold it

  1. 01The defense is written into the index, not improvised: preset steps to 70/30, 40/60, or fully cash replace a discretionary risk call.
  2. 02The engine is plain large-cap U.S. equity. The risk switch sits on top of familiar holdings instead of a derivatives sleeve you need a glossary to read.
  3. 03Trading since 2019, so the rules have met real market stress, and it has grown into a fund with several hundred million dollars behind it.
  4. 04Sticks closely to the index it advertises and sits in the upper half of its tactical-allocation peer group on our review.

Worth knowing

  1. 01At 1.06% a year it runs above the typical fund in its tactical group. ENDW (0.22%) and ONOF (0.39%) pursue risk-switching mandates for considerably less.
  2. 02Shares change hands lightly, so bid-ask spreads can be wider than the fund's asset size suggests.
  3. 03By design it can hold far less stock than the market when the index de-risks, and cash flows out annually or semiannually rather than monthly.

LGH Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
417
Top-10 weight
54%
Largest holding
SPXL20.1%

Geography

  • United States98.42%
  • Ireland0.85%
  • United Kingdom0.29%
  • Switzerland0.19%
  • Singapore0.16%
  • Australia0.03%
  • Netherlands0.03%
  • Bermuda0.03%
The fund’s holdings, weight-ordered — page 1 of 28.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SPXLHCM Defender 500 Index ETF20.13%408,543$122M2
002NVDAHCM Defender 500 Index ETF7.28%192,013$44M847
003AAPLHCM Defender 500 Index ETF6.80%122,160$41M715
004MSFTHCM Defender 500 Index ETF5.27%59,572$32M815
005AMZNHCM Defender 500 Index ETF3.45%79,475$21M736
006GOOGLHCM Defender 500 Index ETF2.67%45,869$16M709
007GOOGHCM Defender 500 Index ETF2.29%39,833$14M478
008AVGOHCM Defender 500 Index ETF2.24%37,421$14M754
009METAHCM Defender 500 Index ETF2.02%17,011$12M704
010MUHCM Defender 500 Index ETF1.49%8,758$9M679
011TSLAHCM Defender 500 Index ETF1.42%22,448$9M521
012LLYHCM Defender 500 Index ETF1.33%6,802$8M583
013JPMHCM Defender 500 Index ETF1.20%21,733$7M481
014AMDHCM Defender 500 Index ETF1.13%11,270$7M635
015XOMHCM Defender 500 Index ETF0.97%34,718$6M511

Showing 1–15 of 417 holdings

LGH Performance

Launched Oct 9, 2019

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.
LGH$11,548
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. LGH $11,548. SPY $12,044. Use the arrow keys to read each point.$9,447$10,850$12,253Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 LGH. Periods over one year show the average yearly return.
PeriodLGH
Year to date+9.0%
1 month+2.8%
3 months+4.2%
1 year+15.5%
3 yearsper year+21.9%
5 yearsper year+11.2%
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 LGH
YearReturn barLGH
2026 YTD+9.0%
2025+19.5%
2024+27.0%
2023+24.2%
2022−27.4%
2021+39.9%
2020+18.5%

LGH in the news

Filtered to LGH · Tactical Allocation

LGH 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 12, 2026.
0.35%Last 12 months
Payout per share
$0.24Last 12 months
Last payment
$0.24 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2019–2026

One bar per payment. 8 payments from 2019 to 2026 YTD. Dec 13, 2019 $0.05; Dec 14, 2020 $0.08; Dec 15, 2021 $0.06; Dec 29, 2021 $0.0037; Dec 15, 2022 $0.20; Dec 15, 2023 $0.26; Dec 16, 2024 $0.21; Dec 16, 2025 $0.24. Use the arrow keys to read each point.20192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 16, 2025Dec 22, 2025$0.24
Dec 16, 2024Dec 23, 2024$0.21
Dec 15, 2023Dec 26, 2023$0.26
Dec 15, 2022Dec 21, 2022$0.20
Dec 29, 2021Jan 4, 2022$0.0037
Dec 15, 2021Dec 21, 2021$0.06
Dec 14, 2020Dec 21, 2020$0.08
Dec 13, 2019Dec 23, 2019$0.05

LGH Risk

How much the fund’s monthly returns vary, scaled to a year.
15.2%
Annualised · 36 months to Sep 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.
1.06
vs 3-month T-bills · to Sep 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.
−29.4%
Trough Oct 2022
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.
1.17
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.

LGH Cost

Expense ratio1.00%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

28 of the 46 Tactical Allocation funds charge less.

LGH costs $100.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.

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