LCF vs. AVIE

Last updated Jun 24, 2026

LCF (Touchstone US Large Cap Focused ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 3 years, LCF returned 15.56%/yr vs 13.16%/yr for AVIE. At a 0.49 correlation, their price movements are largely independent. LCF charges 0.70%/yr vs 0.25%/yr for AVIE.

Performance

LCF vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone US Large Cap Focused ETF (LCF) and Avantis Inflation Focused Equity ETF (AVIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCF achieves a 0.88% return, which is significantly lower than AVIE's 13.10% return.

LCF

• 1D: -0.58%
• 1M: -3.25%
• YTD: 0.88%
• 6M: 0.24%
• 1Y: 14.62%
• 3Y*: 15.56%
• 5Y*: —
• 10Y*: —

AVIE

• 1D: 0.74%
• 1M: -1.10%
• YTD: 13.10%
• 6M: 12.71%
• 1Y: 23.20%
• 3Y*: 13.16%
• 5Y*: —
• 10Y*: —

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

LCF vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LCF Touchstone US Large Cap Focused ETF	0.88%	17.20%	20.71%	26.20%	4.33%
AVIE Avantis Inflation Focused Equity ETF	13.10%	11.37%	6.17%	4.19%	15.20%

Correlation

The correlation between LCF and AVIE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (All Time) Calculated using the full available price history since Sep 29, 2022	0.49

Over the past year, the correlation between LCF and AVIE has dropped to 0.17 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

LCF vs. AVIE - Sectors Allocation Comparison

Sectors	LCF	AVIE
Technology	32.9%	0.1%
Communication Services	16.9%	-
Financial Services	15.4%	15.0%
Healthcare	10.8%	26.3%
Consumer Cyclical	8.4%	0.1%
Industrials	5.3%	1.1%
Consumer Defensive	3.6%	17.1%
Energy	2.0%	30.1%
Real Estate	1.5%	0.1%
Basic Materials	0.5%	9.8%
Utilities	-	0.1%

Return for Risk

LCF vs. AVIE — Risk / Return Rank

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

LCF

LCF Risk / Return Rank: 33
LCF Sharpe Ratio Rank: 36
LCF Sortino Ratio Rank: 34
LCF Omega Ratio Rank: 34
LCF Calmar Ratio Rank: 27
LCF Martin Ratio Rank: 36

AVIE

AVIE Risk / Return Rank: 80
AVIE Sharpe Ratio Rank: 79
AVIE Sortino Ratio Rank: 81
AVIE Omega Ratio Rank: 75
AVIE Calmar Ratio Rank: 87
AVIE Martin Ratio Rank: 78

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.

LCF vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone US Large Cap Focused ETF (LCF) and Avantis Inflation Focused Equity ETF (AVIE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LCF	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	1.18	2.34	-1.16
Sortino ratio: Return per unit of downside risk	1.68	3.34	-1.66
Omega ratio: Gain probability vs. loss probability	1.21	1.41	-0.20
Calmar ratio: Return relative to maximum drawdown	1.26	4.69	-3.43
Martin ratio: Return relative to average drawdown	5.04	14.23	-9.19

LCF vs. AVIE - Sharpe Ratio Comparison

The current LCF Sharpe Ratio is 1.18, which is lower than the AVIE Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of LCF and AVIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LCF vs. AVIE - Drawdown Comparison

The maximum LCF drawdown since its inception was -18.28%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for LCF and AVIE.

Drawdown Indicators

	LCF	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-18.28%	-12.39%	-5.89%
Max Drawdown (1Y) Largest decline over 1 year	-11.67%	-4.97%	-6.70%
Max Drawdown (3Y) Largest decline over 3 years	-18.28%	-12.39%	-5.89%
Current Drawdown Current decline from peak	-4.54%	-1.66%	-2.88%
Average Drawdown Average peak-to-trough decline	-2.82%	-3.00%	+0.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	1.63%	+1.28%

Volatility

LCF vs. AVIE - Volatility Comparison

Touchstone US Large Cap Focused ETF (LCF) has a higher volatility of 4.45% compared to Avantis Inflation Focused Equity ETF (AVIE) at 2.89%. This indicates that LCF's price experiences larger fluctuations and is considered to be riskier than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCF	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.45%	2.89%	+1.56%
Volatility (6M) Calculated over the trailing 6-month period	9.85%	7.04%	+2.81%
Volatility (1Y) Calculated over the trailing 1-year period	12.42%	9.97%	+2.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	12.90%	+2.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.51%	12.90%	+2.61%

LCF vs. AVIE - Expense Ratio Comparison

LCF has a 0.70% expense ratio, which is higher than AVIE's 0.25% expense ratio.

Dividends

LCF vs. AVIE - Dividend Comparison

LCF's dividend yield for the trailing twelve months is around 0.54%, less than AVIE's 1.87% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.87%	1.75%	1.89%	3.72%	0.39%
LCF Touchstone US Large Cap Focused ETF	0.54%	0.55%	0.63%	0.71%	0.24%

Frequently Asked Questions

Can I hold both LCF and AVIE in my portfolio?

LCF and AVIE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LCF or AVIE?

LCF has higher volatility (4.45%) compared to AVIE (2.89%). In terms of maximum drawdown, LCF dropped -18.28% vs AVIE's -12.39%.

Which ETF is better, LCF or AVIE?

On 3-year performance, LCF leads with 15.56% vs 13.16% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 2.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LCF or AVIE?

Over the 3-year period, LCF has performed better with a 15.56% return vs 13.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LCF or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.70% for LCF.

Which ETF pays a higher dividend yield, LCF or AVIE?

AVIE has the higher dividend yield at 1.87%, compared with 0.54% for LCF.

What is the main difference between LCF and AVIE?

They also come from different issuers: Touchstone and Avantis. Their fees differ too: 0.70% for LCF and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.34 vs 1.18), 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.