LRGC vs. HIDV

Last updated Jun 4, 2026

LRGC (AB US Large Cap Strategic Equities ETF) and HIDV (AB US High Dividend ETF) are both exchange-traded funds - LRGC is a Large Cap Blend Equities fund actively managed by AllianceBernstein, while HIDV is a Large Cap Value Equities fund actively managed by AllianceBernstein. Both are actively managed. Over the past year, LRGC returned 23.67% vs 28.51% for HIDV. Their correlation of 0.90 suggests significant overlap in exposure. LRGC charges 0.48%/yr vs 0.45%/yr for HIDV.

Performance

LRGC vs. HIDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB US Large Cap Strategic Equities ETF (LRGC) and AB US High Dividend ETF (HIDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LRGC achieves a 7.44% return, which is significantly lower than HIDV's 10.96% return.

LRGC

• 1D: -0.67%
• 1M: 3.05%
• YTD: 7.44%
• 6M: 7.71%
• 1Y: 23.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HIDV

• 1D: -0.95%
• 1M: 4.84%
• YTD: 10.96%
• 6M: 11.82%
• 1Y: 28.51%
• 3Y*: 22.01%
• 5Y*: —
• 10Y*: —

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

LRGC vs. HIDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LRGC AB US Large Cap Strategic Equities ETF	7.44%	16.23%	24.92%	9.30%
HIDV AB US High Dividend ETF	10.96%	14.64%	26.01%	8.57%

Correlation

The correlation between LRGC and HIDV is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Sep 21, 2023	0.90

The correlation between LRGC and HIDV has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

Return for Risk

LRGC vs. HIDV — Risk / Return Rank

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

LRGC

LRGC Risk / Return Rank: 57
LRGC Sharpe Ratio Rank: 60
LRGC Sortino Ratio Rank: 59
LRGC Omega Ratio Rank: 59
LRGC Calmar Ratio Rank: 49
LRGC Martin Ratio Rank: 57

HIDV

HIDV Risk / Return Rank: 70
HIDV Sharpe Ratio Rank: 74
HIDV Sortino Ratio Rank: 74
HIDV Omega Ratio Rank: 73
HIDV Calmar Ratio Rank: 61
HIDV Martin Ratio Rank: 71

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.

LRGC vs. HIDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB US Large Cap Strategic Equities ETF (LRGC) and AB US High Dividend ETF (HIDV). 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.

	LRGC	HIDV	Difference
Sharpe ratio: Return per unit of total volatility	2.00	2.41	-0.41
Sortino ratio: Return per unit of downside risk	2.77	3.36	-0.59
Omega ratio: Gain probability vs. loss probability	1.36	1.44	-0.08
Calmar ratio: Return relative to maximum drawdown	2.38	2.99	-0.62
Martin ratio: Return relative to average drawdown	9.89	13.04	-3.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LRGC vs. HIDV - Sharpe Ratio Comparison

The current LRGC Sharpe Ratio is 2.00, which is comparable to the HIDV Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of LRGC and HIDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LRGC	HIDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	2.41	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	1.45	1.62	-0.18

Drawdowns

LRGC vs. HIDV - Drawdown Comparison

The maximum LRGC drawdown since its inception was -19.38%, roughly equal to the maximum HIDV drawdown of -18.76%. Use the drawdown chart below to compare losses from any high point for LRGC and HIDV.

Drawdown Indicators

	LRGC	HIDV	Difference
Max Drawdown Largest peak-to-trough decline	-19.38%	-18.76%	-0.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.00%	-9.57%	-0.43%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.76%	—
Current Drawdown Current decline from peak	-0.67%	-0.95%	+0.28%
Average Drawdown Average peak-to-trough decline	-2.15%	-2.05%	-0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	2.19%	+0.21%

Volatility

LRGC vs. HIDV - Volatility Comparison

AB US Large Cap Strategic Equities ETF (LRGC) and AB US High Dividend ETF (HIDV) have volatilities of 2.91% and 2.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LRGC	HIDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	2.98%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	9.09%	9.02%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	11.88%	11.91%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.20%	14.52%	+0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.20%	14.52%	+0.68%

LRGC vs. HIDV - Expense Ratio Comparison

LRGC has a 0.48% expense ratio, which is higher than HIDV's 0.45% expense ratio.

Dividends

LRGC vs. HIDV - Dividend Comparison

LRGC's dividend yield for the trailing twelve months is around 0.54%, less than HIDV's 2.27% yield.

Position	TTM	2025	2024	2023
HIDV AB US High Dividend ETF	2.27%	2.22%	2.29%	2.23%
LRGC AB US Large Cap Strategic Equities ETF	0.54%	0.58%	0.46%	0.17%

Frequently Asked Questions

Can I hold both LRGC and HIDV in my portfolio?

With a correlation of 0.90, LRGC and HIDV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LRGC or HIDV?

HIDV has higher volatility (2.98%) compared to LRGC (2.91%). In terms of maximum drawdown, LRGC dropped -19.38% vs HIDV's -18.76%.

Which ETF is better, LRGC or HIDV?

On 1-year performance, HIDV leads with 28.51% vs 23.67% for LRGC. On fees, HIDV is cheaper at 0.45% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LRGC or HIDV?

Over the 1-year period, HIDV has performed better with a 28.51% return vs 23.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LRGC or HIDV?

HIDV is cheaper with a 0.45% expense ratio, compared with 0.48% for LRGC.

Which ETF pays a higher dividend yield, LRGC or HIDV?

HIDV has the higher dividend yield at 2.27%, compared with 0.54% for LRGC.

What is the main difference between LRGC and HIDV?

LRGC is categorized as Large Cap Blend Equities, while HIDV is Large Cap Value Equities. Their fees differ too: 0.48% for LRGC and 0.45% for HIDV.

Which has better risk-adjusted returns?

HIDV currently has the higher Sharpe Ratio (2.41 vs 2.00), 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.