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LCR vs UCBG

Leuthold Core Exchange Traded Fund

LCRCNYSE Arca

State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF

UCBGANYSE Arca

Overlap

Expense ratio

UCBG −0.77pt a year

LCR0.83%UCBG0.06%

Avg volume · 30D

UCBG 838.0×the volume

LCR4.95KUCBG4.15M

LCR vs UCBG Performance

Sep 30, 2026 – Oct 30, 2026

+0.8%LCR−0.9%UCBG

Sep 30, 2026 to Oct 30, 2026. LCR +0.8%. UCBG −0.9%. Use the arrow keys to read each point.−0.5%0%1.5%2%Sep 30Oct 15Oct 30
Expense ratio
LCR 0.83%
UCBG 0.06%, better
Fund size
LCR $66M
UCBG $2.52B
1Y total return
LCR +7.7%
UCBG No data
Yield (12M)
LCR 1.29%
UCBG No data
Holdings
LCR 34
UCBG 868
Avg volume (30D)
LCR 4.95K sh
UCBG 4.15M sh, better
NAV per share
LCR $40.39
UCBG $50.56
52W range

ETF.net Grade

LCR: Cost 25, Risk 63, Mission 77, Tradability 55, Holdings 55, Durability 55. UCBG: Cost 100, Risk not scored, Mission 99, Tradability 99, Holdings 79, Durability 66.
Pillar letters and Scores for LCR, UCBG, with each pillar’s weight
PillarLCRUCBG
Cost30% weightD25A100Higher
Mission25% weightA77A99Higher
Risk15% weightB63Not scored
Tradability15% weightB55A99Higher
Holdings10% weightB55A79Higher
Durability5% weightB55B66Higher

Rank among Multi-Asset Allocation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. LCR and UCBG are both graded against the same 37 Multi-Asset Allocation funds, so their Grades compare head to head.

Multi-Asset Allocation⁠

Category · 37 funds
See all 37 ›

UCBG ranks 1st and LCR 21st of 37 funds in the Multi-Asset Allocation Category.

  1. Rank 1AUCBGState Street SPDR UC Investments 90/10 Endowment Strategy Index ETFScore 95
  2. Rank 2AAOAiShares Core 80/20 Aggressive Allocation ETFScore 88
  3. Rank 19CRLYState Street Multi-Asset Real Return ETFScore 53
  4. Rank 21CLCRLeuthold Core Exchange Traded FundScore 52
  5. Rank 22CCSRACohen & Steers Real Assets Active ETFScore 50

Our read on each fund

ETF.net Research

LCRCLeuthold Core Exchange Traded Fund

UCBGAState Street SPDR UC Investments 90/10 Endowment Strategy Index ETF

In short

LCR Leuthold has sold tactical asset allocation to institutions since the 1980s. LCR packs that discipline into an ETF of ETFs that slides between stocks, bonds and alternatives on a quantitative read.

UCBG No data

Stated mandate

LCR The Fund seeks capital appreciation and income, described as total return.

UCBG No data

Why people hold it

  • LCR Leuthold was among the first shops offering institutions tactical asset allocation in the 1980s, and LCR has run that discipline in an ETF wrapper since January 2020.leutholdgroup.com
  • One ticker, roughly 30 underlying funds: US, foreign and emerging-market stocks, bonds, commodities, volatility and managed futures share the same wrapper.leutholdgroup.com
  • Unconstrained by design: style-box and market-cap agnostic, with equity weight set by the adviser's Major Trend Index read on valuation, macro, sentiment and price action.leutholdgroup.comsec.gov

UCBG No data

Worth knowing

  • LCR Costs 0.83% net of a waiver through January 17, 2027 (1.01% gross), above the allocation-fund norm; index peers IRTR (0.08%) and UCBG (0.06%) cost far less.
  • Trades lightly next to the category's household names, which can show up as wider spreads on the screen.
  • Tactical means the mix moves with the models, so at any moment the portfolio can look nothing like a static 60/40.leutholdgroup.com

UCBG No data

Full LCR profile⁠

Full UCBG profile⁠

LCR vs UCBG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

LCR vs UCBG Cost

Overpaying LCR vs UCBG

$14,589

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

  • LCR 0.83%

    $15,859

  • UCBG 0.06%

    $1,270

$10,000
30 years

Cost over time

  • LCR 0.83%
  • UCBG 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530LCR $15,859UCBG $1,270

Year by year

YearLCRUCBGOverpaying
10$1,474$110$1,364
20$5,581$432$5,149
30$15,859$1,270$14,589

Expense ratio

  • 0.83%LCR
  • 0.06%UCBG, cheaper
  • Middle half of Multi-Asset Allocation funds
  • Median 0.57%

UCBG cheapest of 37 funds

LCR 28th cheapest of 37 funds

LCR vs UCBG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
LCR 1.29%
UCBG No data
Payout (12M)
LCR $0.52
UCBG No data
Last payment
LCR $0.52
UCBG $0.04
Ex-dividend
LCR Dec 11, 2025
UCBG Sep 21, 2026
Paid on
LCR Dec 12, 2025
UCBG Sep 23, 2026
Frequency
LCR Annual
UCBG Irregular

Distribution history

Per share, 2020 to 2026, same scale for both

LCRAnnual · 6 paymentsAll LCR payments⁠
One bar per payment. 6 payments from 2020 to 2026 YTD. Dec 17, 2020 $0.18; Dec 16, 2021 $0.07; Dec 15, 2022 $0.22; Dec 14, 2023 $0.51; Dec 12, 2024 $0.64; Dec 11, 2025 $0.52. Use the arrow keys to read each point.$0$0.50202020232026YTD
UCBGIrregular · 1 paymentAll UCBG payments⁠
One bar per payment. 1 payment from 2020 to 2026 YTD. Sep 21, 2026 $0.04. Use the arrow keys to read each point.$0$0.50202020232026YTD

LCR vs UCBG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LCR 7.7%UCBG No data
Return per unit of riskSharpe ratio, 3 years
LCR 0.98UCBG No data
Worst fallMax drawdown, 5 years
LCR −13.4%UCBG No data
Market sensitivityBeta, 5 years
LCR 0.77UCBG 0.00

LCR and UCBG in the news

All news⁠

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