LRGC vs. XCHG

Last updated Aug 4, 2026

LRGC (AB US Large Cap Strategic Equities ETF) and XCHG (AB US Equity ETF) are both Large Cap Blend Equities funds from AllianceBernstein. Both are actively managed. Their 0.98 correlation means they have historically moved very closely together. LRGC charges 0.48%/yr vs 0.50%/yr for XCHG.

Performance

LRGC vs. XCHG - 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 Equity ETF (XCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LRGC achieves a 11.05% return, which is significantly higher than XCHG's 10.07% return.

LRGC

• 1D: 1.42%
• 1M: 2.75%
• 6M: 9.57%
• YTD: 11.05%
• 1Y: 19.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.37%

XCHG

• 1D: 1.44%
• 1M: 2.91%
• 6M: 8.08%
• YTD: 10.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
LRGC AB US Large Cap Strategic Equities ETF	$2.39M	$3.10M	$3.93M
XCHG AB US Equity ETF	$43.35K	$60.02K	$75.19K

LRGC vs. XCHG - Yearly Performance Comparison

	2026 (YTD)	2025
LRGC AB US Large Cap Strategic Equities ETF	11.05%	0.42%
XCHG AB US Equity ETF	10.07%	0.38%

Correlation

The correlation between LRGC and XCHG is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	0.98

Return for Risk

LRGC vs. XCHG — Risk / Return Rank

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

LRGC

LRGC Risk / Return Rank: 59
LRGC Sharpe Ratio Rank: 62
LRGC Sortino Ratio Rank: 61
LRGC Omega Ratio Rank: 60
LRGC Calmar Ratio Rank: 51
LRGC Martin Ratio Rank: 62

XCHG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

LRGC vs. XCHG - 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 Equity ETF (XCHG). 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.

	LRGC	XCHG	Difference
Sharpe ratio: Return per unit of total volatility	1.54	—	—
Sortino ratio: Return per unit of downside risk	2.16	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.94	—	—
Martin ratio: Return relative to average drawdown	7.84	—	—

Drawdowns

LRGC vs. XCHG - Drawdown Comparison

The maximum LRGC drawdown since its inception was -19.38%, which is greater than XCHG's maximum drawdown of -9.66%. Use the drawdown chart below to compare losses from any high point for LRGC and XCHG.

Drawdown Indicators

	LRGC	XCHG	Difference
Max Drawdown Largest peak-to-trough decline	-19.38%	-9.66%	-9.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.00%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.14%	-1.76%	-0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.47%	—	—

Volatility

Volatility by Period

	LRGC	XCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.60%	13.13%	-0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.13%	13.13%	+2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.13%	13.13%	+2.00%

LRGC vs. XCHG - Expense Ratio Comparison

LRGC has a 0.48% expense ratio, which is lower than XCHG's 0.50% expense ratio.

Dividends

LRGC vs. XCHG - Dividend Comparison

LRGC's dividend yield for the trailing twelve months is around 0.52%, more than XCHG's 0.36% yield.

Position	TTM	2025	2024	2023
LRGC AB US Large Cap Strategic Equities ETF	0.52%	0.58%	0.46%	0.17%
XCHG AB US Equity ETF	0.36%	0.05%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LRGC and XCHG in my portfolio?

With a correlation of 0.98, LRGC and XCHG 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 ETF is better, LRGC or XCHG?

On fees, LRGC is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LRGC or XCHG?

LRGC is cheaper with a 0.48% expense ratio, compared with 0.50% for XCHG.

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

LRGC has the higher dividend yield at 0.52%, compared with 0.36% for XCHG.

What is the main difference between LRGC and XCHG?

Their fees differ too: 0.48% for LRGC and 0.50% for XCHG.