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LRGG

GradeBNew York Stock Exchange Arca

Nomura Focused Large Growth ETF

Active Equity · Nomura · Inception 2024-05-14

$29.85−0.15 (−0.50%)

As of Sep 23, 2026, 3:03 PM EDT

History starts May 15, 2024.
Intraday session: down, 66 prints from 30.00 to 29.85. Range 29.79 to 30.10. Use the arrow keys to read each point.$29.80$29.90$30.00$30.1010 AM12 PM2 PM4 PM
Expense ratio
0.44%
Fund size
$296M
1Y return
−0.4%
Yield · Last 12 months
0.15%
Volume · 30D
0M sh
NAV per share
$30.11
52W range
low $24.75high $30.74

The ETF.net LRGG Grade

B

57/ 100

Rank 26 of 90 in US Active Growth⁠

Confidence Medium

Six-pillar profile for LRGG. Scores out of 100: Cost 75, Risk 35, Mission not scored, Tradability 66, Holdings 30, Durability 53. Strongest: Cost (75). Weakest: Holdings (30). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 57 of 100 sits in the B 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.
    AScore 75
    Category rank24/90 · top 27%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 35
    Category rank66/79 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 66
    Category rank25/90 · top 28%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 30
    Category rank82/89 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 53
    Category rank46/90 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on LRGG

ETF.net Research

BA stock-picker's take on US large-cap growth: "Focused" is in the name, meaning conviction over closet indexing. Macquarie prices it below the typical active large-growth ETF, and it has been trading since 2024.

Stated mandate

The fund seeks to provide growth of capital.

Why people hold it

  1. 01Charges 0.45% a year, under the median for its active large-growth peer group. Active management without active-management sticker shock.
  2. 02A focused mandate, not a benchmark tracker: managers hold a deliberately tight roster of large growth names in pursuit of capital growth.
  3. 03Lands in the upper half of the 58 active US growth-conviction funds we grade, a crowded field packed with big-name shops.
  4. 04Backed by Macquarie with a mid-sized asset base and steady day-to-day trading, so it is not a thinly traded shell.

Worth knowing

  1. 01Concentration is the trade-off. Fewer holdings means single stocks swing results, and the portfolio is the weakest part of our review of this fund.
  2. 02Launched in 2024, so the risk record is short. There is not yet a full market cycle to judge the stock picking against.
  3. 03Cheaper competition exists in this group: JUSA runs at 0.12% and FELG at 0.18%, both quantitative takes on large-cap growth.

LRGG Holdings

As of Sep 21, 2026, 4:04 AM
Asset class
Stocks
Holdings
—
Top-10 weight
71%
Largest holding
NVDA16.4%

Sectors

  • Technology45.2%
  • Financials18.5%
  • Industrials11.2%
  • Communication10.8%
  • Health Care10.7%
  • Consumer Discr.3.7%

Geography

  • United States89.64%
  • Taiwan5.82%
  • Canada3.17%
  • Netherlands1.37%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORP COMMON STOCK16.45%216,006$48M828
002GOOGALPHABET INC-CL C -11.12%94,283$32M471
003MSFTMICROSOFT CORP COMMON8.80%52,019$26M792
004AAPLAPPLE INC COMMON STOCK7.09%61,609$21M707
005TSMTAIWAN SEMICONDUCTOR5.79%38,898$17M268
006VVISA INC COMMON STOCK USD4.72%37,410$14M550
007ISRGINTUITIVE SURGICAL INC4.58%34,022$13M406
008ICEINTERCONTINENTAL EXCHANGE4.20%78,900$12M309
009MSIMOTOROLA SOLUTIONS INC4.09%26,016$12M352
010GEGENERAL ELECTRIC CO4.07%37,772$12M404
011AMZNAMAZON.COM INC COMMON3.61%41,575$11M720
012SPGIS&P GLOBAL INC COMMON3.52%25,361$10M357
013VRSKVERISK ANALYTICS INC3.19%53,087$9M289
014WCN.TOWASTE CONNECTIONS INC3.16%59,328$9M59
015VEEVVEEVA SYSTEMS INC COMMON3.14%35,175$9M314

Showing 1–15 of 22 holdings

LRGG Performance

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

LRGG$9,956
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. LRGG $9,956. SPY $11,723. Use the arrow keys to read each point.$8,001$10,021$12,040Sep 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 LRGG. Periods over one year show the average yearly return.
PeriodLRGG
Year to date+1.4%
1 month+1.1%
3 months+10.7%
1 year−0.4%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 LRGG
YearReturn barLRGG
2026 YTD+1.4%
2025+7.6%
2024+8.8%

History from May 15, 2024

LRGG in the news

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

LRGG 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.
0.15%Last 12 months
Payout per share
$0.05Last 12 months
Last payment
$0.05 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 23, 2024 $0.04; Dec 31, 2025 $0.05. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 31, 2025Dec 31, 2025$0.05
Dec 23, 2024Dec 30, 2024$0.04

LRGG Risk

How much the fund’s monthly returns vary, scaled to a year.
12.8%
Annualised · 27 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.
0.38
vs 3-month T-bills · 27 months 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.
−18.9%
28 months · trough Mar 2026
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.
0.88
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.

LRGG Cost

Expense ratio0.44%
  • The middle half of US Active Growth funds
  • Median 0.56%

22 of the 89 US Active Growth funds charge less.

LRGG costs $44.00 a year on $10,000. The median US Active Growth fund costs $56.00.