LRGF vs. IQSU

Last updated Jun 24, 2026

LRGF (iShares MSCI USA Multifactor ETF) and IQSU (IQ Candriam ESG U.S. Equity ETF) are both exchange-traded funds - LRGF is a Large Cap Blend Equities fund tracking the MSCI USA Diversified Multi-Factor, while IQSU is a Large Cap Growth Equities fund tracking the IQ Candriam ESG US Equity Index. Both are passively managed. Over the past 5 years, LRGF returned 13.54%/yr vs 12.19%/yr for IQSU. Their correlation of 0.91 suggests significant overlap in exposure. LRGF charges 0.20%/yr vs 0.09%/yr for IQSU.

Performance

LRGF vs. IQSU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Multifactor ETF (LRGF) and IQ Candriam ESG U.S. Equity ETF (IQSU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LRGF achieves a 7.84% return, which is significantly lower than IQSU's 11.76% return.

LRGF

• 1D: -1.26%
• 1M: -0.45%
• YTD: 7.84%
• 6M: 6.74%
• 1Y: 21.21%
• 3Y*: 21.28%
• 5Y*: 13.54%
• 10Y*: 14.05%

IQSU

• 1D: -1.70%
• 1M: 0.35%
• YTD: 11.76%
• 6M: 10.69%
• 1Y: 26.97%
• 3Y*: 18.48%
• 5Y*: 12.19%
• 10Y*: —

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

LRGF vs. IQSU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LRGF iShares MSCI USA Multifactor ETF	7.84%	16.48%	26.59%	25.85%	-14.77%	25.01%	11.11%	0.88%
IQSU IQ Candriam ESG U.S. Equity ETF	11.76%	14.44%	16.64%	32.96%	-22.10%	30.53%	28.24%	0.98%

Correlation

The correlation between LRGF and IQSU is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Dec 17, 2019	0.91

The correlation between LRGF and IQSU has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

LRGF vs. IQSU - Sectors Allocation Comparison

Sectors	LRGF	IQSU
Technology	38.9%	39.5%
Financial Services	11.7%	10.8%
Consumer Cyclical	11.0%	13.8%
Healthcare	8.8%	5.1%
Communication Services	7.9%	13.1%
Industrials	7.8%	5.9%
Consumer Defensive	5.3%	3.4%
Energy	3.3%	1.2%
Utilities	2.1%	2.0%
Basic Materials	1.9%	2.6%
Real Estate	1.3%	2.5%

Return for Risk

LRGF vs. IQSU — Risk / Return Rank

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

LRGF

LRGF Risk / Return Rank: 52
LRGF Sharpe Ratio Rank: 52
LRGF Sortino Ratio Rank: 50
LRGF Omega Ratio Rank: 50
LRGF Calmar Ratio Rank: 51
LRGF Martin Ratio Rank: 58

IQSU

IQSU Risk / Return Rank: 58
IQSU Sharpe Ratio Rank: 60
IQSU Sortino Ratio Rank: 58
IQSU Omega Ratio Rank: 59
IQSU Calmar Ratio Rank: 53
IQSU Martin Ratio Rank: 59

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.

LRGF vs. IQSU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Multifactor ETF (LRGF) and IQ Candriam ESG U.S. Equity ETF (IQSU). 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.

	LRGF	IQSU	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.86	-0.17
Sortino ratio: Return per unit of downside risk	2.33	2.55	-0.22
Omega ratio: Gain probability vs. loss probability	1.30	1.34	-0.04
Calmar ratio: Return relative to maximum drawdown	2.39	2.42	-0.03
Martin ratio: Return relative to average drawdown	9.61	9.76	-0.15

LRGF vs. IQSU - Sharpe Ratio Comparison

The current LRGF Sharpe Ratio is 1.69, which is comparable to the IQSU Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of LRGF and IQSU, 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

LRGF vs. IQSU - Drawdown Comparison

The maximum LRGF drawdown since its inception was -36.03%, which is greater than IQSU's maximum drawdown of -31.29%. Use the drawdown chart below to compare losses from any high point for LRGF and IQSU.

Drawdown Indicators

	LRGF	IQSU	Difference
Max Drawdown Largest peak-to-trough decline	-36.03%	-31.29%	-4.74%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-11.18%	+2.26%
Max Drawdown (3Y) Largest decline over 3 years	-19.44%	-20.96%	+1.52%
Max Drawdown (5Y) Largest decline over 5 years	-21.62%	-26.76%	+5.14%
Max Drawdown (10Y) Largest decline over 10 years	-36.03%	—	—
Current Drawdown Current decline from peak	-3.10%	-2.20%	-0.90%
Average Drawdown Average peak-to-trough decline	-4.53%	-5.95%	+1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	2.77%	-0.56%

Volatility

LRGF vs. IQSU - Volatility Comparison

The current volatility for iShares MSCI USA Multifactor ETF (LRGF) is 4.77%, while IQ Candriam ESG U.S. Equity ETF (IQSU) has a volatility of 5.59%. This indicates that LRGF experiences smaller price fluctuations and is considered to be less risky than IQSU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LRGF	IQSU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	5.59%	-0.82%
Volatility (6M) Calculated over the trailing 6-month period	9.90%	10.97%	-1.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.63%	14.58%	-1.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.10%	18.02%	-0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	20.69%	-2.36%

LRGF vs. IQSU - Expense Ratio Comparison

LRGF has a 0.20% expense ratio, which is higher than IQSU's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LRGF vs. IQSU - Dividend Comparison

LRGF's dividend yield for the trailing twelve months is around 1.10%, more than IQSU's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IQSU IQ Candriam ESG U.S. Equity ETF	1.00%	1.09%	1.12%	1.15%	1.47%	1.07%	0.98%	0.00%	0.00%	0.00%	0.00%	0.00%
LRGF iShares MSCI USA Multifactor ETF	1.10%	1.16%	1.23%	1.49%	1.78%	1.05%	1.35%	1.76%	3.27%	1.68%	1.56%	0.83%

Frequently Asked Questions

Can I hold both LRGF and IQSU in my portfolio?

With a correlation of 0.92, LRGF and IQSU 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, LRGF or IQSU?

IQSU has higher volatility (5.59%) compared to LRGF (4.77%). In terms of maximum drawdown, LRGF dropped -36.03% vs IQSU's -31.29%.

Which ETF is better, LRGF or IQSU?

On 5-year performance, LRGF leads with 13.54% vs 12.19% for IQSU. On fees, IQSU is cheaper at 0.09% per year. On volatility, LRGF has been the lower-risk option at 4.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LRGF or IQSU?

Over the 5-year period, LRGF has performed better with a 13.54% return vs 12.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LRGF or IQSU?

IQSU is cheaper with a 0.09% expense ratio, compared with 0.20% for LRGF.

Which ETF pays a higher dividend yield, LRGF or IQSU?

LRGF has the higher dividend yield at 1.10%, compared with 1.00% for IQSU.

What is the main difference between LRGF and IQSU?

LRGF is categorized as Large Cap Blend Equities, while IQSU is Large Cap Growth Equities. LRGF tracks MSCI USA Diversified Multi-Factor, while IQSU tracks IQ Candriam ESG US Equity Index. They also come from different issuers: iShares and New York Life. Their fees differ too: 0.20% for LRGF and 0.09% for IQSU.

Which has better risk-adjusted returns?

IQSU currently has the higher Sharpe Ratio (1.86 vs 1.69), 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.