LGRO vs LRGC

LGROBLevel Four Large Cap Growth Active ETF

LRGCAAB US Large Cap Strategic Equities ETF

In short

LGRO A boutique manager's concentrated take on large-cap growth: roughly 50 quality-and-growth names, actively chosen against the Bloomberg US 1000 Growth Index, at a fee that sits just under the typical active peer.

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

LGRO LGRO seeks maximum total return and above-peer-average risk-adjusted returns.

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

• LGRO Holds about 50 stocks, so each pick carries real weight instead of getting diluted across hundreds of names.alpsfunds.com
• Costs 0.50% a year, a shade under the 0.54% median for its active large-growth cohort. Concentrated active management without a premium price tag.
• The mandate is specific: US large caps screened for growth and quality, measured against the Bloomberg US 1000 Growth Index. No style drift buried in the fine print.alpsfunds.com
• Lands in the upper half of its active large-growth peer group, with the portfolio build one of its stronger features.

• 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

• LGRO Thinly traded. Spreads can run wider than on the household-name growth funds, which matters most on larger orders.
• Index-anchored rivals cost far less: FELG at 0.18% and JUSA at 0.12%. The extra fee here buys human stock selection, not index tracking.
• Launched in 2023 with a modest asset base, so the record is short and the fund is still building scale.

• 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 LGRO profile⁠

Full LRGC profile⁠