LRGE vs. DRLL

Last updated Aug 2, 2026

LRGE (ClearBridge Large Cap Growth ESG ETF) and DRLL (Strive U.S. Energy ETF) are both exchange-traded funds - LRGE is a Large Cap Growth Equities fund actively managed by Franklin Templeton, while DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index. LRGE is actively managed, while DRLL is passively managed. Over the past 3 years, LRGE returned 14.84%/yr vs 12.74%/yr for DRLL. Their 0.12 correlation means their historical movements had little consistent relationship. LRGE charges 0.59%/yr vs 0.41%/yr for DRLL.

Performance

LRGE vs. DRLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Large Cap Growth ESG ETF (LRGE) and Strive U.S. Energy ETF (DRLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LRGE achieves a 1.70% return, which is significantly lower than DRLL's 36.69% return.

LRGE

• 1D: 1.23%
• 1M: -2.67%
• 6M: 2.18%
• YTD: 1.70%
• 1Y: 7.51%
• 3Y*: 14.84%
• 5Y*: 8.75%
• 10Y*: —
• ALL TIME*: 14.72%

DRLL

• 1D: 0.80%
• 1M: 14.19%
• 6M: 21.14%
• YTD: 36.69%
• 1Y: 44.82%
• 3Y*: 12.74%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.77%

*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)
DRLL Strive U.S. Energy ETF	$463.62K	$500.96K	$563.89K
LRGE ClearBridge Large Cap Growth ESG ETF	$4.11M	$3.64M	$1.94M

LRGE vs. DRLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LRGE ClearBridge Large Cap Growth ESG ETF	1.70%	9.54%	26.32%	46.36%	-11.94%
DRLL Strive U.S. Energy ETF	36.69%	7.74%	0.02%	-1.84%	15.52%

Correlation

The correlation between LRGE and DRLL is -0.23, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.23
Correlation (3Y) Balances recent behavior with more history.	-0.00
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022	0.12

The correlation between LRGE and DRLL shifts across timeframes, from -0.23 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

LRGE vs. DRLL - Sectors Allocation Comparison

Sectors	LRGE	DRLL
Technology	48.1%	-
Consumer Cyclical	16.9%	0.9%
Communication Services	12.5%	-
Financial Services	6.4%	-
Healthcare	6.2%	-
Industrials	4.8%	-
Basic Materials	2.9%	-
Consumer Defensive	2.3%	-
Energy	-	99.1%
Real Estate	-	-
Utilities	-	-

Return for Risk

LRGE vs. DRLL — Risk / Return Rank

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

LRGE

LRGE Risk / Return Rank: 16
LRGE Sharpe Ratio Rank: 17
LRGE Sortino Ratio Rank: 16
LRGE Omega Ratio Rank: 16
LRGE Calmar Ratio Rank: 16
LRGE Martin Ratio Rank: 17

DRLL

DRLL Risk / Return Rank: 70
DRLL Sharpe Ratio Rank: 79
DRLL Sortino Ratio Rank: 72
DRLL Omega Ratio Rank: 72
DRLL Calmar Ratio Rank: 71
DRLL Martin Ratio Rank: 53

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.

LRGE vs. DRLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Large Cap Growth ESG ETF (LRGE) and Strive U.S. Energy ETF (DRLL). 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.

	LRGE	DRLL	Difference
Sharpe ratio: Return per unit of total volatility	0.28	1.82	-1.54
Sortino ratio: Return per unit of downside risk	0.49	2.35	-1.85
Omega ratio: Gain probability vs. loss probability	1.06	1.30	-0.24
Calmar ratio: Return relative to maximum drawdown	0.30	2.46	-2.16
Martin ratio: Return relative to average drawdown	0.86	6.27	-5.42

LRGE vs. DRLL - Sharpe Ratio Comparison

The current LRGE Sharpe Ratio is 0.28, which is lower than the DRLL Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of LRGE and DRLL, 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

LRGE vs. DRLL - Drawdown Comparison

The maximum LRGE drawdown since its inception was -37.03%, which is greater than DRLL's maximum drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for LRGE and DRLL.

Drawdown Indicators

	LRGE	DRLL	Difference
Max Drawdown Largest peak-to-trough decline	-37.03%	-23.73%	-13.30%
Max Drawdown (1Y) Largest decline over 1 year	-16.32%	-16.99%	+0.67%
Max Drawdown (3Y) Largest decline over 3 years	-20.26%	-23.73%	+3.47%
Max Drawdown (5Y) Largest decline over 5 years	-37.03%	—	—
Current Drawdown Current decline from peak	-5.46%	-4.30%	-1.16%
Average Drawdown Average peak-to-trough decline	-7.14%	-8.14%	+1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.79%	6.68%	-0.89%

Volatility

LRGE vs. DRLL - Volatility Comparison

The current volatility for ClearBridge Large Cap Growth ESG ETF (LRGE) is 5.54%, while Strive U.S. Energy ETF (DRLL) has a volatility of 6.71%. This indicates that LRGE experiences smaller price fluctuations and is considered to be less risky than DRLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LRGE	DRLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	6.71%	-1.17%
Volatility (6M) Calculated over the trailing 6-month period	14.23%	18.75%	-4.52%
Volatility (1Y) Calculated over the trailing 1-year period	18.04%	23.03%	-4.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.94%	23.80%	-2.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.62%	23.80%	-3.18%

LRGE vs. DRLL - Expense Ratio Comparison

LRGE has a 0.59% expense ratio, which is higher than DRLL's 0.41% expense ratio.

Dividends

LRGE vs. DRLL - Dividend Comparison

LRGE's dividend yield for the trailing twelve months is around 0.12%, less than DRLL's 2.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DRLL Strive U.S. Energy ETF	2.22%	2.99%	3.00%	3.01%	1.18%	0.00%	0.00%	0.00%	0.00%	0.00%
LRGE ClearBridge Large Cap Growth ESG ETF	0.12%	0.13%	0.18%	0.11%	2.02%	1.20%	0.37%	0.37%	2.10%	0.37%

Frequently Asked Questions

Can I hold both LRGE and DRLL in my portfolio?

LRGE and DRLL have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LRGE or DRLL?

DRLL has higher volatility (6.71%) compared to LRGE (5.54%). In terms of maximum drawdown, LRGE dropped -37.03% vs DRLL's -23.73%.

Which ETF is better, LRGE or DRLL?

On 3-year performance, LRGE leads with 14.84% vs 12.74% for DRLL. On fees, DRLL is cheaper at 0.41% per year. On volatility, LRGE has been the lower-risk option at 5.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LRGE or DRLL?

Over the 3-year period, LRGE has performed better with a 14.84% return vs 12.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LRGE or DRLL?

DRLL is cheaper with a 0.41% expense ratio, compared with 0.59% for LRGE.

Which ETF pays a higher dividend yield, LRGE or DRLL?

DRLL has the higher dividend yield at 2.22%, compared with 0.12% for LRGE.

What is the main difference between LRGE and DRLL?

LRGE is categorized as Large Cap Growth Equities, while DRLL is Energy Equities. They also come from different issuers: Franklin Templeton and Strive. Their fees differ too: 0.59% for LRGE and 0.41% for DRLL.

Which has better risk-adjusted returns?

DRLL currently has the higher Sharpe Ratio (1.82 vs 0.28), 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.