IWLG vs LRGC

IWLGBNYLI Winslow Large Cap Growth ETF

LRGCAAB US Large Cap Strategic Equities ETF

In short

IWLG A growth-only boutique's flagship large-cap strategy, delivered in an ETF wrapper: roughly 40 high-conviction US names, non-diversified by design, measured against the Russell 1000 Growth Index.

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

IWLG The Fund seeks long-term growth of capital. It normally invests at least 80% of net assets in large-capitalization companies, defined as companies with market capitalizations above $4 billion, and typically invests substantially in domestic securities.

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

• IWLG Winslow has been a registered investment adviser since 1992 and runs growth equity only; its US large cap growth team traces back to 1999. This ETF puts that flagship approach in a ticker.sec.govnylim.commorganstanley.com
• About 40 holdings, so each pick carries real weight instead of being diluted into a benchmark-sized name list.
• The portfolio matches the mandate on the page: at least 80% of net assets in US large caps above $4 billion in market value, mostly domestic securities.
• Among the better-built options in a crowded conviction-growth field, landing in the upper half of its peer group on cost, mandate fidelity and structure.

• 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

• IWLG Non-diversified and concentrated: with about 40 names, individual stumbles land harder than they would in a broad index fund.yahoo.com
• 0.50% net of a waiver through August 28, 2027 (0.82% gross) sits near the category median, while enhanced-index rivals JUSA and FELG charge 0.18%.
• Volume is light next to the category's giants, which makes execution details (order type, time of day) more of a factor than with mega-funds.

• 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 IWLG profile⁠

Full LRGC profile⁠