ILCB vs. PCLG

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Morningstar U.S. Equity ETF (ILCB) and Polen Focus Growth ETF (PCLG).

ILCB and PCLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ILCB is a passively managed fund by iShares that tracks the performance of the Morningstar US Large-Mid Cap Index. It was launched on Jun 28, 2004. PCLG is an actively managed fund by Polen. It was launched on Sep 29, 2025.

Performance

ILCB vs. PCLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Morningstar U.S. Equity ETF (ILCB) and Polen Focus Growth ETF (PCLG). The values are adjusted to include any dividend payments, if applicable.

ILCB vs. PCLG - Yearly Performance Comparison

	2026 (YTD)	2025
ILCB iShares Morningstar U.S. Equity ETF	-4.57%	2.45%
PCLG Polen Focus Growth ETF	-17.33%	-1.09%

Returns By Period

In the year-to-date period, ILCB achieves a -4.57% return, which is significantly higher than PCLG's -17.33% return.

ILCB

• 1D: 2.92%
• 1M: -4.96%
• YTD: -4.57%
• 6M: -2.23%
• 1Y: 17.62%
• 3Y*: 18.30%
• 5Y*: 11.15%
• 10Y*: 13.49%

PCLG

• 1D: 2.82%
• 1M: -5.61%
• YTD: -17.33%
• 6M: -18.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ILCB vs. PCLG - Expense Ratio Comparison

ILCB has a 0.03% expense ratio, which is lower than PCLG's 0.49% expense ratio.

PCLG

Polen Focus Growth ETF

ILCB

iShares Morningstar U.S. Equity ETF

Return for Risk

ILCB vs. PCLG — Risk / Return Rank

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

ILCB

ILCB Risk / Return Rank: 62
ILCB Sharpe Ratio Rank: 56
ILCB Sortino Ratio Rank: 58
ILCB Omega Ratio Rank: 63
ILCB Calmar Ratio Rank: 62
ILCB Martin Ratio Rank: 71

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.

ILCB vs. PCLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar U.S. Equity ETF (ILCB) and Polen Focus Growth ETF (PCLG). 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.

	ILCB	PCLG	Difference
Sharpe ratio Return per unit of total volatility	0.96	—	—
Sortino ratio Return per unit of downside risk	1.47	—	—
Omega ratio Gain probability vs. loss probability	1.22	—	—
Calmar ratio Return relative to maximum drawdown	1.51	—	—
Martin ratio Return relative to average drawdown	7.11	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ILCB	PCLG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	-1.93	+2.52

Correlation

The correlation between ILCB and PCLG is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ILCB vs. PCLG - Dividend Comparison

ILCB's dividend yield for the trailing twelve months is around 1.13%, more than PCLG's 0.04% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILCB iShares Morningstar U.S. Equity ETF	1.13%	1.11%	1.19%	1.43%	1.65%	1.16%	1.26%	2.25%	2.17%	1.81%	1.97%	2.44%
PCLG Polen Focus Growth ETF	0.04%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ILCB vs. PCLG - Drawdown Comparison

The maximum ILCB drawdown since its inception was -51.53%, which is greater than PCLG's maximum drawdown of -23.78%. Use the drawdown chart below to compare losses from any high point for ILCB and PCLG.

Drawdown Indicators

	ILCB	PCLG	Difference
Max Drawdown Largest peak-to-trough decline	-51.53%	-23.78%	-27.75%
Max Drawdown (1Y) Largest decline over 1 year	-12.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.30%	—	—
Current Drawdown Current decline from peak	-6.44%	-20.96%	+14.52%
Average Drawdown Average peak-to-trough decline	-6.28%	-8.08%	+1.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	—	—

Volatility

Volatility by Period

	ILCB	PCLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.41%	17.38%	+1.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.13%	17.38%	-0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.14%	17.38%	+0.76%