AKRE vs LRGC

AKREDAkre Focus ETF

LRGCAAB US Large Cap Strategic Equities ETF

In short

AKRE The ETF successor to Akre Capital's 2009 focus fund: a deliberately concentrated, non-diversified book of businesses meant to be held for years. Multi-billion-dollar scale, and a mutual-fund-era fee of 0.98%.

LRGC AB's stock pickers in an ETF wrapper: roughly 70 large-cap US names picked with fundamental research plus quant screens, measured against the S&P 500. Active conviction, priced under the typical active peer.

Stated mandate

AKRE The Fund seeks long-term capital appreciation.

LRGC The Fund seeks long-term growth of capital. It is actively managed and normally invests at least 80% of net assets in equities of large-capitalization U.S. companies.

Why people hold it

• AKRE The strategy has a paper trail. This is the ETF successor to a mutual fund that began operating in 2009, so the approach long predates the wrapper.akrecapital.com
• Non-diversified on purpose: a focused portfolio, so each holding actually moves the needle instead of being diluted across hundreds of names.akrecapital.com
• One job, stated plainly in the filings: long-term capital appreciation, mostly US names with room for international ones.sec.gov
• Among the easier active funds in its peer group to get in and out of, with a multi-billion-dollar asset base behind it.

• LRGC Roughly 70 holdings against a 500-stock yardstick, with quality and value screens doing the filtering. Each name actually carries weight.
• 0.39% a year sits below the median fee in its active large-cap group, so the manager isn't digging out of a deep cost hole.
• One of the stronger implementations among the actively managed US large-cap funds we track, with a plain mandate: at least 80% of net assets in large-cap US equities.
• Launched in 2023 on one of AB's core US equity strategies, with Jane Street signed on as lead market maker from day one.prnewswire.com

Worth knowing

• AKRE 0.98% is a mutual-fund-era price tag, well above what most active large-cap growth ETFs charge. Rivals like JUSA and FELG cover similar ground for a fraction of it.sec.gov
• Concentration cuts both ways. In a non-diversified book, a single-name stumble lands harder than it would in a broad index.akrecapital.com
• Built for capital appreciation, not income. There is no regular distribution schedule to plan around here.

• LRGC At 0.39%, it costs more than cheaper enhanced-index rivals in the same group, such as JUSA at 0.12% and GUSE at 0.30%.
• Outcomes ride on the team's judgment, not an index rulebook, and about 70 positions concentrate those calls.
• It trades lightly next to the big index names, so spreads can run wider, especially in fast markets.

Full AKRE profile⁠

Full LRGC profile⁠