LCR vs. MDAA

Last updated Jun 4, 2026

LCR (Leuthold Core ETF) and MDAA (Myriad Dynamic Asset Allocation ETF) are both Diversified Portfolio funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. LCR charges 0.79%/yr vs 0.97%/yr for MDAA.

Performance

LCR vs. MDAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leuthold Core ETF (LCR) and Myriad Dynamic Asset Allocation ETF (MDAA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCR achieves a 4.15% return, which is significantly lower than MDAA's 22.13% return.

LCR

• 1D: -0.28%
• 1M: 2.71%
• YTD: 4.15%
• 6M: 5.01%
• 1Y: 14.07%
• 3Y*: 11.32%
• 5Y*: 6.74%
• 10Y*: —

MDAA

• 1D: -1.11%
• 1M: 8.24%
• YTD: 22.13%
• 6M: 22.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LCR vs. MDAA - Yearly Performance Comparison

	2026 (YTD)	2025
LCR Leuthold Core ETF	4.15%	1.41%
MDAA Myriad Dynamic Asset Allocation ETF	22.13%	-0.27%

Correlation

The correlation between LCR and MDAA is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.83

Return for Risk

LCR vs. MDAA — Risk / Return Rank

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

LCR

LCR Risk / Return Rank: 55
LCR Sharpe Ratio Rank: 55
LCR Sortino Ratio Rank: 59
LCR Omega Ratio Rank: 56
LCR Calmar Ratio Rank: 48
LCR Martin Ratio Rank: 56

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.

LCR vs. MDAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leuthold Core ETF (LCR) and Myriad Dynamic Asset Allocation ETF (MDAA). 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.

	LCR	MDAA	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.75	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.35	—	—
Martin ratio: Return relative to average drawdown	9.69	—	—
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

	LCR	MDAA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	1.47	-0.72

Drawdowns

LCR vs. MDAA - Drawdown Comparison

The maximum LCR drawdown since its inception was -17.44%, which is greater than MDAA's maximum drawdown of -14.59%. Use the drawdown chart below to compare losses from any high point for LCR and MDAA.

Drawdown Indicators

	LCR	MDAA	Difference
Max Drawdown Largest peak-to-trough decline	-17.44%	-14.59%	-2.85%
Max Drawdown (1Y) Largest decline over 1 year	-6.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.59%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.40%	—	—
Current Drawdown Current decline from peak	-0.28%	-1.11%	+0.83%
Average Drawdown Average peak-to-trough decline	-2.84%	-2.93%	+0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	—	—

Volatility

Volatility by Period

	LCR	MDAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.49%	23.89%	-16.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.02%	23.89%	-14.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.40%	23.89%	-12.49%

LCR vs. MDAA - Expense Ratio Comparison

LCR has a 0.79% expense ratio, which is lower than MDAA's 0.97% expense ratio.

Dividends

LCR vs. MDAA - Dividend Comparison

LCR's dividend yield for the trailing twelve months is around 1.31%, more than MDAA's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
LCR Leuthold Core ETF	1.31%	1.37%	1.86%	1.60%	0.75%	0.21%	0.62%
MDAA Myriad Dynamic Asset Allocation ETF	0.38%	0.46%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LCR and MDAA in my portfolio?

LCR and MDAA 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 ETF is better, LCR or MDAA?

On fees, LCR is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LCR or MDAA?

LCR is cheaper with a 0.79% expense ratio, compared with 0.97% for MDAA.

Which ETF pays a higher dividend yield, LCR or MDAA?

LCR has the higher dividend yield at 1.31%, compared with 0.38% for MDAA.

What is the main difference between LCR and MDAA?

They also come from different issuers: The Leuthold Group LLC and Myriad. Their fees differ too: 0.79% for LCR and 0.97% for MDAA.