LRGE vs. VOO

Last updated Jun 24, 2026

LRGE (ClearBridge Large Cap Growth ESG ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - LRGE is a Large Cap Growth Equities fund actively managed by Franklin Templeton, while VOO is a S&P 500 fund tracking the S&P 500 Index. LRGE is actively managed, while VOO is passively managed. Over the past 5 years, LRGE returned 9.18%/yr vs 13.13%/yr for VOO. Their correlation of 0.86 suggests significant overlap in exposure. LRGE charges 0.59%/yr vs 0.03%/yr for VOO.

Performance

LRGE vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Large Cap Growth ESG ETF (LRGE) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LRGE achieves a 0.89% return, which is significantly lower than VOO's 8.19% return.

LRGE

• 1D: -1.84%
• 1M: -3.75%
• YTD: 0.89%
• 6M: -0.18%
• 1Y: 8.68%
• 3Y*: 16.05%
• 5Y*: 9.18%
• 10Y*: —

VOO

• 1D: -1.42%
• 1M: -1.34%
• YTD: 8.19%
• 6M: 7.24%
• 1Y: 23.69%
• 3Y*: 20.78%
• 5Y*: 13.13%
• 10Y*: 15.61%

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

LRGE vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LRGE ClearBridge Large Cap Growth ESG ETF	0.89%	9.54%	26.32%	46.36%	-31.45%	22.93%	31.89%	33.38%	-0.38%	16.01%
VOO Vanguard S&P 500 ETF	8.19%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	12.66%

Correlation

The correlation between LRGE and VOO is 0.89, 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	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since May 25, 2017	0.86

The correlation between LRGE and VOO has been stable across timeframes, ranging from 0.86 to 0.93 - a consistent structural relationship.

LRGE vs. VOO - Sectors Allocation Comparison

Sectors	LRGE	VOO
Technology	48.0%	39.1%
Consumer Cyclical	17.4%	9.8%
Communication Services	13.7%	10.5%
Financial Services	6.0%	10.9%
Healthcare	5.9%	8.3%
Industrials	4.3%	7.6%
Basic Materials	2.6%	1.7%
Consumer Defensive	2.0%	4.5%
Energy	-	3.2%
Real Estate	-	1.8%
Utilities	-	2.5%

Return for Risk

LRGE vs. VOO — Risk / Return Rank

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

LRGE

LRGE Risk / Return Rank: 16
LRGE Sharpe Ratio Rank: 17
LRGE Sortino Ratio Rank: 15
LRGE Omega Ratio Rank: 16
LRGE Calmar Ratio Rank: 15
LRGE Martin Ratio Rank: 16

VOO

VOO Risk / Return Rank: 59
VOO Sharpe Ratio Rank: 59
VOO Sortino Ratio Rank: 56
VOO Omega Ratio Rank: 58
VOO Calmar Ratio Rank: 56
VOO Martin Ratio Rank: 67

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.

LRGE vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Large Cap Growth ESG ETF (LRGE) and Vanguard S&P 500 ETF (VOO). 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	VOO	Difference
Sharpe ratio: Return per unit of total volatility	0.51	1.91	-1.41
Sortino ratio: Return per unit of downside risk	0.78	2.60	-1.82
Omega ratio: Gain probability vs. loss probability	1.10	1.35	-0.25
Calmar ratio: Return relative to maximum drawdown	0.53	2.67	-2.14
Martin ratio: Return relative to average drawdown	1.55	11.96	-10.41

LRGE vs. VOO - Sharpe Ratio Comparison

The current LRGE Sharpe Ratio is 0.51, which is lower than the VOO Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of LRGE and VOO, 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. VOO - Drawdown Comparison

The maximum LRGE drawdown since its inception was -37.03%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LRGE and VOO.

Drawdown Indicators

	LRGE	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-37.03%	-33.99%	-3.04%
Max Drawdown (1Y) Largest decline over 1 year	-16.32%	-8.90%	-7.42%
Max Drawdown (3Y) Largest decline over 3 years	-20.26%	-18.69%	-1.57%
Max Drawdown (5Y) Largest decline over 5 years	-37.03%	-24.52%	-12.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-6.22%	-3.14%	-3.08%
Average Drawdown Average peak-to-trough decline	-7.18%	-3.68%	-3.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.61%	1.99%	+3.62%

Volatility

LRGE vs. VOO - Volatility Comparison

ClearBridge Large Cap Growth ESG ETF (LRGE) has a higher volatility of 6.36% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. This indicates that LRGE's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LRGE	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.36%	4.83%	+1.53%
Volatility (6M) Calculated over the trailing 6-month period	13.53%	9.82%	+3.71%
Volatility (1Y) Calculated over the trailing 1-year period	17.20%	12.46%	+4.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.82%	16.91%	+3.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.64%	18.02%	+2.62%

LRGE vs. VOO - Expense Ratio Comparison

LRGE has a 0.59% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

LRGE vs. VOO - Dividend Comparison

LRGE's dividend yield for the trailing twelve months is around 0.13%, less than VOO's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LRGE ClearBridge Large Cap Growth ESG ETF	0.13%	0.13%	0.18%	0.11%	2.02%	1.20%	0.37%	0.37%	2.10%	0.37%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both LRGE and VOO in my portfolio?

LRGE and VOO have a correlation of 0.89, 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 VOO?

LRGE has higher volatility (6.36%) compared to VOO (4.83%). In terms of maximum drawdown, LRGE dropped -37.03% vs VOO's -33.99%.

Which ETF is better, LRGE or VOO?

On 5-year performance, VOO leads with 13.13% vs 9.18% for LRGE. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 4.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LRGE or VOO?

Over the 5-year period, VOO has performed better with a 13.13% return vs 9.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LRGE or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.59% for LRGE.

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

VOO has the higher dividend yield at 1.05%, compared with 0.13% for LRGE.

What is the main difference between LRGE and VOO?

LRGE is categorized as Large Cap Growth Equities, while VOO is S&P 500. They also come from different issuers: Franklin Templeton and Vanguard. Their fees differ too: 0.59% for LRGE and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.91 vs 0.51), 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.