LRGC vs TSEL

LRGCAAB US Large Cap Strategic Equities ETF

TSELDTouchstone Sands Capital US Select Growth ETF

In short

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.

TSEL Sands Capital has run its Select Growth playbook since 1992; TSEL puts it in an ETF. Twenty-five to thirty-five US growth names, 0.67% net of a waiver through April 29, 2027, and a mandate that prizes conviction over diversification.

Stated mandate

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.

TSEL The Fund seeks long-term capital appreciation. It invests primarily in common stocks of U.S. companies with above-average potential for revenue or earnings growth, emphasizing large- and mid-capitalization growth companies.

Why people hold 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

• TSEL The wrapper is new; the playbook isn't. Sands Capital has run Select Growth since February 1992, and Touchstone hired Sands to sub-advise rather than build a growth desk.sandscapital.combusinesswire.com
• High conviction by design: typically 25 to 35 US large- and mid-cap growth names, generally nothing under $2 billion in market cap at purchase. Best ideas, not a closet index.businesswire.comwesternsouthern.com
• Touchstone covers part of the tab: gross expenses are 0.96%, but a waiver holds the net at 0.67% through April 29, 2027.

Worth knowing

• 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.

• TSEL At 0.67% it prices above the category median, where the quant-enhanced crowd lives much cheaper: JUSA and FELG at 0.18%, GUSE at 0.30%, none of them waiver-dependent.
• Concentration cuts both ways: with 25 to 35 growth names, a handful of positions drive results and the fund can sit far from a broad large-cap index.businesswire.com
• It launched in January 2025 and trades thinly, so fund-level history is short and the spread is a real cost. Limit orders are the standard tool in this corner of the market.

Full LRGC profile⁠

Full TSEL profile⁠