PCCE vs. PCLG

Last updated Jun 23, 2026

PCCE (Polen Capital China Growth ETF) and PCLG (Polen Focus Growth ETF) are both exchange-traded funds - PCCE is a China Equities fund actively managed by Polen, while PCLG is a Large Cap Growth Equities fund actively managed by Polen. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. PCCE charges 1.00%/yr vs 0.49%/yr for PCLG.

Performance

PCCE vs. PCLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen Capital China Growth ETF (PCCE) and Polen Focus Growth ETF (PCLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PCCE achieves a -3.13% return, which is significantly higher than PCLG's -12.46% return.

PCCE

• 1D: 1.36%
• 1M: -2.03%
• YTD: -3.13%
• 6M: -4.19%
• 1Y: 5.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PCLG

• 1D: -1.88%
• 1M: -4.18%
• YTD: -12.46%
• 6M: -13.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PCCE vs. PCLG - Yearly Performance Comparison

	2026 (YTD)	2025
PCCE Polen Capital China Growth ETF	-3.13%	-7.04%
PCLG Polen Focus Growth ETF	-12.46%	-0.45%

Correlation

The correlation between PCCE and PCLG is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.35

Return for Risk

PCCE vs. PCLG — Risk / Return Rank

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

PCCE

PCCE Risk / Return Rank: 12
PCCE Sharpe Ratio Rank: 12
PCCE Sortino Ratio Rank: 12
PCCE Omega Ratio Rank: 12
PCCE Calmar Ratio Rank: 12
PCCE Martin Ratio Rank: 11

PCLG

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

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.

PCCE vs. PCLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen Capital China Growth ETF (PCCE) and Polen Focus Growth ETF (PCLG). 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.

	PCCE	PCLG	Difference
Sharpe ratio: Return per unit of total volatility	0.27	—	—
Sortino ratio: Return per unit of downside risk	0.51	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.31	—	—
Martin ratio: Return relative to average drawdown	0.65	—	—

Drawdowns

PCCE vs. PCLG - Drawdown Comparison

The maximum PCCE drawdown since its inception was -26.38%, which is greater than PCLG's maximum drawdown of -23.78%. Use the drawdown chart below to compare losses from any high point for PCCE and PCLG.

Drawdown Indicators

	PCCE	PCLG	Difference
Max Drawdown Largest peak-to-trough decline	-26.38%	-23.78%	-2.60%
Max Drawdown (1Y) Largest decline over 1 year	-16.59%	—	—
Current Drawdown Current decline from peak	-11.60%	-16.30%	+4.70%
Average Drawdown Average peak-to-trough decline	-9.99%	-9.91%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.80%	—	—

Volatility

Volatility by Period

	PCCE	PCLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.10%	18.10%	+1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.07%	18.10%	+7.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.07%	18.10%	+7.97%

PCCE vs. PCLG - Expense Ratio Comparison

PCCE has a 1.00% expense ratio, which is higher than PCLG's 0.49% expense ratio.

Dividends

PCCE vs. PCLG - Dividend Comparison

PCCE's dividend yield for the trailing twelve months is around 2.36%, more than PCLG's 0.04% yield.

Position	TTM	2025	2024
PCCE Polen Capital China Growth ETF	2.36%	2.29%	1.95%
PCLG Polen Focus Growth ETF	0.04%	0.03%	0.00%

Frequently Asked Questions

Can I hold both PCCE and PCLG in my portfolio?

PCCE and PCLG have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PCCE or PCLG?

On fees, PCLG is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PCCE or PCLG?

PCLG is cheaper with a 0.49% expense ratio, compared with 1.00% for PCCE.

Which ETF pays a higher dividend yield, PCCE or PCLG?

PCCE has the higher dividend yield at 2.36%, compared with 0.04% for PCLG.

What is the main difference between PCCE and PCLG?

PCCE is categorized as China Equities, while PCLG is Large Cap Growth Equities. Their fees differ too: 1.00% for PCCE and 0.49% for PCLG.