ABIG vs. USPX

Last updated Jun 4, 2026

ABIG (Argent Large Cap ETF) and USPX (Franklin U.S. Equity Index ETF) are both Large Cap Blend Equities funds. ABIG is actively managed, while USPX is passively managed. Over the past year, ABIG returned 18.30% vs 27.42% for USPX. Their correlation of 0.92 suggests significant overlap in exposure. ABIG charges 0.49%/yr vs 0.03%/yr for USPX.

Performance

ABIG vs. USPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Argent Large Cap ETF (ABIG) and Franklin U.S. Equity Index ETF (USPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABIG achieves a 6.46% return, which is significantly lower than USPX's 10.64% return.

ABIG

• 1D: -0.81%
• 1M: 4.31%
• YTD: 6.46%
• 6M: 5.47%
• 1Y: 18.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USPX

• 1D: -0.75%
• 1M: 5.12%
• YTD: 10.64%
• 6M: 10.50%
• 1Y: 27.42%
• 3Y*: 22.42%
• 5Y*: 12.39%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABIG vs. USPX - Yearly Performance Comparison

	2026 (YTD)	2025
ABIG Argent Large Cap ETF	6.46%	16.95%
USPX Franklin U.S. Equity Index ETF	10.64%	26.43%

Correlation

The correlation between ABIG and USPX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Apr 10, 2025	0.92

The correlation between ABIG and USPX has been stable across timeframes, ranging from 0.92 to 0.92 - a consistent structural relationship.

Return for Risk

ABIG vs. USPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABIG

ABIG Risk / Return Rank: 36
ABIG Sharpe Ratio Rank: 40
ABIG Sortino Ratio Rank: 39
ABIG Omega Ratio Rank: 39
ABIG Calmar Ratio Rank: 28
ABIG Martin Ratio Rank: 33

USPX

USPX Risk / Return Rank: 68
USPX Sharpe Ratio Rank: 69
USPX Sortino Ratio Rank: 68
USPX Omega Ratio Rank: 68
USPX Calmar Ratio Rank: 61
USPX Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABIG vs. USPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Argent Large Cap ETF (ABIG) and Franklin U.S. Equity Index ETF (USPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ABIG	USPX	Difference
Sharpe ratio: Return per unit of total volatility	1.41	2.28	-0.87
Sortino ratio: Return per unit of downside risk	1.98	3.12	-1.15
Omega ratio: Gain probability vs. loss probability	1.25	1.41	-0.16
Calmar ratio: Return relative to maximum drawdown	1.34	3.01	-1.67
Martin ratio: Return relative to average drawdown	4.83	13.72	-8.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABIG vs. USPX - Sharpe Ratio Comparison

The current ABIG Sharpe Ratio is 1.41, which is lower than the USPX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of ABIG and USPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ABIG	USPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.41	2.28	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.48	0.80	+0.68

Drawdowns

ABIG vs. USPX - Drawdown Comparison

The maximum ABIG drawdown since its inception was -13.70%, smaller than the maximum USPX drawdown of -31.21%. Use the drawdown chart below to compare losses from any high point for ABIG and USPX.

Drawdown Indicators

	ABIG	USPX	Difference
Max Drawdown Largest peak-to-trough decline	-13.70%	-31.21%	+17.51%
Max Drawdown (1Y) Largest decline over 1 year	-13.70%	-9.15%	-4.55%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.21%	—
Current Drawdown Current decline from peak	-1.33%	-0.75%	-0.58%
Average Drawdown Average peak-to-trough decline	-2.24%	-4.44%	+2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	2.00%	+1.80%

Volatility

ABIG vs. USPX - Volatility Comparison

Argent Large Cap ETF (ABIG) has a higher volatility of 3.39% compared to Franklin U.S. Equity Index ETF (USPX) at 2.87%. This indicates that ABIG's price experiences larger fluctuations and is considered to be riskier than USPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABIG	USPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	2.87%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	9.16%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	13.07%	12.09%	+0.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.32%	16.17%	-1.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.32%	15.92%	-1.60%

ABIG vs. USPX - Expense Ratio Comparison

ABIG has a 0.49% expense ratio, which is higher than USPX's 0.03% expense ratio.

Dividends

ABIG vs. USPX - Dividend Comparison

ABIG's dividend yield for the trailing twelve months is around 0.09%, less than USPX's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ABIG Argent Large Cap ETF	0.09%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USPX Franklin U.S. Equity Index ETF	1.04%	1.07%	1.23%	1.35%	2.21%	2.40%	2.51%	3.07%	2.91%	2.60%	4.89%

Frequently Asked Questions

Can I hold both ABIG and USPX in my portfolio?

With a correlation of 0.92, ABIG and USPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ABIG or USPX?

ABIG has higher volatility (3.39%) compared to USPX (2.87%). In terms of maximum drawdown, ABIG dropped -13.70% vs USPX's -31.21%.

Which ETF is better, ABIG or USPX?

On 1-year performance, USPX leads with 27.42% vs 18.30% for ABIG. On fees, USPX is cheaper at 0.03% per year. On volatility, USPX has been the lower-risk option at 2.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABIG or USPX?

Over the 1-year period, USPX has performed better with a 27.42% return vs 18.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABIG or USPX?

USPX is cheaper with a 0.03% expense ratio, compared with 0.49% for ABIG.

Which ETF pays a higher dividend yield, ABIG or USPX?

USPX has the higher dividend yield at 1.04%, compared with 0.09% for ABIG.

What is the main difference between ABIG and USPX?

They also come from different issuers: Argent and Franklin Templeton. Their fees differ too: 0.49% for ABIG and 0.03% for USPX.

Which has better risk-adjusted returns?

USPX currently has the higher Sharpe Ratio (2.28 vs 1.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.