LCLG vs. FPX

Last updated Aug 2, 2026

LCLG (Logan Capital Broad Innovative Growth ETF) and FPX (First Trust US Equity Opportunities ETF) are both Large Cap Growth Equities funds. LCLG is actively managed, while FPX is passively managed. Over the past 3 years, LCLG returned 24.05%/yr vs 23.96%/yr for FPX. Their correlation of 0.85 means they have usually moved in the same direction. LCLG charges 0.99%/yr vs 0.57%/yr for FPX.

Performance

LCLG vs. FPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Logan Capital Broad Innovative Growth ETF (LCLG) and First Trust US Equity Opportunities ETF (FPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCLG achieves a 13.30% return, which is significantly higher than FPX's 8.51% return.

LCLG

• 1D: 0.56%
• 1M: -3.21%
• 6M: 11.62%
• YTD: 13.30%
• 1Y: 25.92%
• 3Y*: 24.05%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.75%

FPX

• 1D: -1.38%
• 1M: -9.10%
• 6M: 8.46%
• YTD: 8.51%
• 1Y: 19.55%
• 3Y*: 23.96%
• 5Y*: 7.39%
• 10Y*: 13.50%
• ALL TIME*: 12.57%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FPX First Trust US Equity Opportunities ETF	$11.19M	$11.53M	$10.30M
LCLG Logan Capital Broad Innovative Growth ETF	$34.03K	$83.50K	$103.98K

LCLG vs. FPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LCLG Logan Capital Broad Innovative Growth ETF	13.30%	18.15%	32.04%	35.45%	-8.62%
FPX First Trust US Equity Opportunities ETF	8.51%	37.62%	24.75%	22.26%	-13.12%

Correlation

The correlation between LCLG and FPX is 0.83, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.83
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (All Time) Calculated using the full available price history since Aug 8, 2022	0.85

The correlation between LCLG and FPX has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.

LCLG vs. FPX - Sectors Allocation Comparison

Sectors	LCLG	FPX
Technology	39.3%	33.7%
Industrials	19.3%	20.9%
Communication Services	15.9%	7.2%
Consumer Cyclical	14.6%	5.6%
Financial Services	6.1%	4.8%
Healthcare	2.7%	15.4%
Consumer Defensive	1.1%	2.5%
Basic Materials	1.0%	2.4%
Energy	-	3.5%
Real Estate	-	2.6%
Utilities	-	1.4%

Return for Risk

LCLG vs. FPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LCLG

LCLG Risk / Return Rank: 47
LCLG Sharpe Ratio Rank: 46
LCLG Sortino Ratio Rank: 44
LCLG Omega Ratio Rank: 43
LCLG Calmar Ratio Rank: 47
LCLG Martin Ratio Rank: 52

FPX

FPX Risk / Return Rank: 30
FPX Sharpe Ratio Rank: 28
FPX Sortino Ratio Rank: 28
FPX Omega Ratio Rank: 27
FPX Calmar Ratio Rank: 32
FPX Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LCLG vs. FPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Logan Capital Broad Innovative Growth ETF (LCLG) and First Trust US Equity Opportunities ETF (FPX). 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.

	LCLG	FPX	Difference
Sharpe ratio: Return per unit of total volatility	1.15	0.66	+0.50
Sortino ratio: Return per unit of downside risk	1.65	1.04	+0.61
Omega ratio: Gain probability vs. loss probability	1.20	1.13	+0.08
Calmar ratio: Return relative to maximum drawdown	1.70	1.06	+0.65
Martin ratio: Return relative to average drawdown	6.20	3.58	+2.62

LCLG vs. FPX - Sharpe Ratio Comparison

The current LCLG Sharpe Ratio is 1.15, which is higher than the FPX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of LCLG and FPX, 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

LCLG vs. FPX - Drawdown Comparison

The maximum LCLG drawdown since its inception was -25.79%, smaller than the maximum FPX drawdown of -56.29%. Use the drawdown chart below to compare losses from any high point for LCLG and FPX.

Drawdown Indicators

	LCLG	FPX	Difference
Max Drawdown Largest peak-to-trough decline	-25.79%	-56.29%	+30.50%
Max Drawdown (1Y) Largest decline over 1 year	-13.75%	-16.29%	+2.54%
Max Drawdown (3Y) Largest decline over 3 years	-25.79%	-30.88%	+5.09%
Max Drawdown (5Y) Largest decline over 5 years	—	-43.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.14%	—
Current Drawdown Current decline from peak	-6.36%	-13.94%	+7.58%
Average Drawdown Average peak-to-trough decline	-4.44%	-11.29%	+6.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.77%	4.80%	-1.03%

Volatility

LCLG vs. FPX - Volatility Comparison

The current volatility for Logan Capital Broad Innovative Growth ETF (LCLG) is 5.60%, while First Trust US Equity Opportunities ETF (FPX) has a volatility of 9.65%. This indicates that LCLG experiences smaller price fluctuations and is considered to be less risky than FPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCLG	FPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.60%	9.65%	-4.05%
Volatility (6M) Calculated over the trailing 6-month period	16.48%	20.96%	-4.48%
Volatility (1Y) Calculated over the trailing 1-year period	20.34%	26.29%	-5.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.71%	27.10%	-5.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.71%	24.60%	-2.89%

LCLG vs. FPX - Expense Ratio Comparison

LCLG has a 0.99% expense ratio, which is higher than FPX's 0.57% expense ratio.

Dividends

LCLG vs. FPX - Dividend Comparison

LCLG has not paid dividends to shareholders, while FPX's dividend yield for the trailing twelve months is around 0.48%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FPX First Trust US Equity Opportunities ETF	0.48%	0.53%	0.09%	0.27%	1.08%	0.14%	0.28%	0.67%	0.88%	0.68%	0.77%	0.62%
LCLG Logan Capital Broad Innovative Growth ETF	0.00%	0.00%	0.06%	0.97%	2.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LCLG and FPX in my portfolio?

LCLG and FPX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LCLG or FPX?

FPX has higher volatility (9.65%) compared to LCLG (5.60%). In terms of maximum drawdown, LCLG dropped -25.79% vs FPX's -56.29%.

Which ETF is better, LCLG or FPX?

On 3-year performance, LCLG leads with 24.05% vs 23.96% for FPX. On fees, FPX is cheaper at 0.57% per year. On volatility, LCLG has been the lower-risk option at 5.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LCLG or FPX?

Over the 3-year period, LCLG has performed better with a 24.05% return vs 23.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LCLG or FPX?

FPX is cheaper with a 0.57% expense ratio, compared with 0.99% for LCLG.

Which ETF pays a higher dividend yield, LCLG or FPX?

FPX has the higher dividend yield at 0.48%, compared with 0.00% for LCLG.

What is the main difference between LCLG and FPX?

They also come from different issuers: Logan Capital and First Trust. Their fees differ too: 0.99% for LCLG and 0.57% for FPX.

Which has better risk-adjusted returns?

LCLG currently has the higher Sharpe Ratio (1.15 vs 0.66), 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.