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LGRO vs FEX

Level Four Large Cap Growth Active ETF vs First Trust Large Cap Core AlphaDEX Fund

LGRO

Level Four Large Cap Growth Active ETF

ALPS

Annual cost

0.50%

Fund size

$125M

FEX

First Trust Large Cap Core AlphaDEX Fund

First Trust

Annual cost

0.57%

Fund size

$1.5B

Key differences

  • LGRO costs 0.07% less per year.
  • FEX is significantly larger than LGRO — larger funds tend to be more liquid and less likely to close.
  • FEX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LGROFEX
Annual cost (TER)0.50%0.57%
Fund size (AUM)$125M$1.5B
Since20232007
Dividend yield0.35%0.99%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+24.8%+29.3%
CAGR 3YN/A+20.6%
CAGR 5YN/A+11.1%
Sharpe 3YN/A1.11
Volatility 1Y15.47%12.57%
Max drawdown-23.26%-39.51%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to LGRO and FEX