LGCF vs. VLUE

Last updated Jun 24, 2026

LGCF (Themes US Cash Flow Champions ETF) and VLUE (iShares MSCI USA Value Factor ETF) are both Large Cap Value Equities funds - LGCF tracks the Solactive US Cash Flow Champions Index while VLUE tracks the MSCI USA Enhanced Value Index. Both are passively managed. Over the past year, LGCF returned 16.43% vs 81.73% for VLUE. A 0.71 correlation means they provide meaningful diversification when combined. LGCF charges 0.29%/yr vs 0.15%/yr for VLUE.

Performance

LGCF vs. VLUE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes US Cash Flow Champions ETF (LGCF) and iShares MSCI USA Value Factor ETF (VLUE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGCF achieves a 4.82% return, which is significantly lower than VLUE's 45.30% return.

LGCF

• 1D: 0.21%
• 1M: 0.05%
• YTD: 4.82%
• 6M: 3.86%
• 1Y: 16.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VLUE

• 1D: -3.46%
• 1M: 5.59%
• YTD: 45.30%
• 6M: 44.72%
• 1Y: 81.73%
• 3Y*: 32.50%
• 5Y*: 16.52%
• 10Y*: 15.56%

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

LGCF vs. VLUE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LGCF Themes US Cash Flow Champions ETF	4.82%	15.71%	17.65%	3.29%
VLUE iShares MSCI USA Value Factor ETF	45.30%	32.67%	7.25%	4.83%

Correlation

The correlation between LGCF and VLUE is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.71

The correlation between LGCF and VLUE shifts across timeframes, from 0.55 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

LGCF vs. VLUE - Sectors Allocation Comparison

Sectors	LGCF	VLUE
Financial Services	38.1%	10.5%
Energy	19.1%	3.5%
Healthcare	16.9%	7.9%
Technology	9.4%	40.7%
Consumer Cyclical	7.7%	10.1%
Consumer Defensive	2.8%	4.4%
Basic Materials	2.1%	1.3%
Communication Services	1.9%	9.5%
Industrials	1.4%	8.0%
Real Estate	-	1.8%
Utilities	-	2.0%

Return for Risk

LGCF vs. VLUE — Risk / Return Rank

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

LGCF

LGCF Risk / Return Rank: 47
LGCF Sharpe Ratio Rank: 39
LGCF Sortino Ratio Rank: 38
LGCF Omega Ratio Rank: 39
LGCF Calmar Ratio Rank: 64
LGCF Martin Ratio Rank: 54

VLUE

VLUE Risk / Return Rank: 96
VLUE Sharpe Ratio Rank: 97
VLUE Sortino Ratio Rank: 96
VLUE Omega Ratio Rank: 95
VLUE Calmar Ratio Rank: 96
VLUE Martin Ratio Rank: 97

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.

LGCF vs. VLUE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes US Cash Flow Champions ETF (LGCF) and iShares MSCI USA Value Factor ETF (VLUE). 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.

	LGCF	VLUE	Difference
Sharpe ratio: Return per unit of total volatility	1.28	4.31	-3.03
Sortino ratio: Return per unit of downside risk	1.82	5.37	-3.55
Omega ratio: Gain probability vs. loss probability	1.24	1.73	-0.49
Calmar ratio: Return relative to maximum drawdown	2.87	9.09	-6.22
Martin ratio: Return relative to average drawdown	8.60	38.03	-29.43

LGCF vs. VLUE - Sharpe Ratio Comparison

The current LGCF Sharpe Ratio is 1.28, which is lower than the VLUE Sharpe Ratio of 4.31. The chart below compares the historical Sharpe Ratios of LGCF and VLUE, 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

LGCF vs. VLUE - Drawdown Comparison

The maximum LGCF drawdown since its inception was -16.67%, smaller than the maximum VLUE drawdown of -39.47%. Use the drawdown chart below to compare losses from any high point for LGCF and VLUE.

Drawdown Indicators

	LGCF	VLUE	Difference
Max Drawdown Largest peak-to-trough decline	-16.67%	-39.47%	+22.80%
Max Drawdown (1Y) Largest decline over 1 year	-5.75%	-9.04%	+3.29%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.89%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.47%	—
Current Drawdown Current decline from peak	-0.75%	-3.46%	+2.71%
Average Drawdown Average peak-to-trough decline	-2.20%	-6.00%	+3.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	2.16%	-0.25%

Volatility

LGCF vs. VLUE - Volatility Comparison

The current volatility for Themes US Cash Flow Champions ETF (LGCF) is 3.06%, while iShares MSCI USA Value Factor ETF (VLUE) has a volatility of 9.76%. This indicates that LGCF experiences smaller price fluctuations and is considered to be less risky than VLUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGCF	VLUE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.06%	9.76%	-6.70%
Volatility (6M) Calculated over the trailing 6-month period	10.11%	16.13%	-6.02%
Volatility (1Y) Calculated over the trailing 1-year period	12.86%	19.07%	-6.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.09%	18.12%	-3.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.09%	19.95%	-4.86%

LGCF vs. VLUE - Expense Ratio Comparison

LGCF has a 0.29% expense ratio, which is higher than VLUE's 0.15% expense ratio.

Dividends

LGCF vs. VLUE - Dividend Comparison

LGCF's dividend yield for the trailing twelve months is around 1.75%, more than VLUE's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LGCF Themes US Cash Flow Champions ETF	1.75%	1.84%	1.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VLUE iShares MSCI USA Value Factor ETF	1.42%	2.11%	2.73%	2.66%	3.18%	2.22%	2.42%	2.61%	2.70%	2.14%	2.07%	2.39%

Frequently Asked Questions

Can I hold both LGCF and VLUE in my portfolio?

LGCF and VLUE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LGCF or VLUE?

VLUE has higher volatility (9.76%) compared to LGCF (3.06%). In terms of maximum drawdown, LGCF dropped -16.67% vs VLUE's -39.47%.

Which ETF is better, LGCF or VLUE?

On 1-year performance, VLUE leads with 81.73% vs 16.43% for LGCF. On fees, VLUE is cheaper at 0.15% per year. On volatility, LGCF has been the lower-risk option at 3.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LGCF or VLUE?

Over the 1-year period, VLUE has performed better with a 81.73% return vs 16.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LGCF or VLUE?

VLUE is cheaper with a 0.15% expense ratio, compared with 0.29% for LGCF.

Which ETF pays a higher dividend yield, LGCF or VLUE?

LGCF has the higher dividend yield at 1.75%, compared with 1.42% for VLUE.

What is the main difference between LGCF and VLUE?

LGCF tracks Solactive US Cash Flow Champions Index, while VLUE tracks MSCI USA Enhanced Value Index. They also come from different issuers: Themes and iShares. Their fees differ too: 0.29% for LGCF and 0.15% for VLUE.

Which has better risk-adjusted returns?

VLUE currently has the higher Sharpe Ratio (4.31 vs 1.28), 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.