LGRO vs. SCHG
Compare and contrast key facts about Level Four Large Cap Growth Active ETF (LGRO) and Schwab U.S. Large-Cap Growth ETF (SCHG).
LGRO and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LGRO is an actively managed fund by ALPS. It was launched on Aug 22, 2023. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGRO or SCHG.
Correlation
The correlation between LGRO and SCHG is 0.89, 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.
Performance
LGRO vs. SCHG - Performance Comparison
Key characteristics
LGRO:
1.49
SCHG:
1.64
LGRO:
2.04
SCHG:
2.19
LGRO:
1.26
SCHG:
1.30
LGRO:
2.29
SCHG:
2.37
LGRO:
8.71
SCHG:
8.98
LGRO:
2.75%
SCHG:
3.27%
LGRO:
16.08%
SCHG:
17.91%
LGRO:
-11.35%
SCHG:
-34.59%
LGRO:
-1.75%
SCHG:
-1.27%
Returns By Period
In the year-to-date period, LGRO achieves a 3.51% return, which is significantly higher than SCHG's 3.09% return.
LGRO
3.51%
0.22%
14.96%
25.52%
N/A
N/A
SCHG
3.09%
0.91%
13.95%
31.06%
18.74%
16.44%
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LGRO vs. SCHG - Expense Ratio Comparison
LGRO has a 0.50% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
LGRO vs. SCHG — Risk-Adjusted Performance Rank
LGRO
SCHG
LGRO vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Level Four Large Cap Growth Active ETF (LGRO) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.
Dividends
LGRO vs. SCHG - Dividend Comparison
LGRO's dividend yield for the trailing twelve months is around 0.38%, which matches SCHG's 0.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGRO Level Four Large Cap Growth Active ETF | 0.38% | 0.39% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.38% | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% |
Drawdowns
LGRO vs. SCHG - Drawdown Comparison
The maximum LGRO drawdown since its inception was -11.35%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for LGRO and SCHG. For additional features, visit the drawdowns tool.
Volatility
LGRO vs. SCHG - Volatility Comparison
The current volatility for Level Four Large Cap Growth Active ETF (LGRO) is 3.57%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.01%. This indicates that LGRO experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.