Skip to content
Beacon

FLCEFrontier Asset U.S. Large Cap Equity ETF

Grow my money1y track recordRanked #2,479 of 2,960 in this goal

Seeks long-term total return.

By Frontier Asset Management, LLC · Launched 2024

Annual Cost

0.86%

#4,425 of 5,562 · expensive

Fund Size

$80M

#3,141 of 5,562 · mid-size

Return (1Y)Goal

+22.5%

Track Record

1 year

#4,039 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$12,284+22.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 7 holdings = 99.7% of fund✓ diversified through underlying funds

T Rowe Price US Equity Research ETF
25.7%
iShares US Equity Factor ETF
18.7%
JPMorgan Active Value ETF
15.5%
Vanguard Dividend Appreciation Index Fund
12.1%
JPMorgan Active Growth ETF
11.4%
T Rowe Price Capital Appreciation Equity ETF
11.1%
GMO US Quality ETF
5.2%

Asset allocation

Stocks
99.0%
Cash
0.9%
Preferred
0.1%
Other
0.1%

By sector

Technology
32.9%
Financial Services
12.5%
Healthcare
12.3%
Consumer Cyclical
9.8%
Industrials
8.9%
Communication
8.8%
Consumer Defensive
5.6%
Energy
3.3%
Other
6.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
11.9%Moderate

Year-on-year price swings

Max drawdown
-17.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks long-term total return.
Strategy
Actively managed, invests primarily in large-cap U.S. equity securities, including common stocks and REITs. Allocates assets through a fund of funds approach, holding 6-12 underlying ETFs to optimize risk-adjusted returns.
Inception date
December 19, 2024
Fund family
Frontier Asset Management, LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
98.3%
TE
2.9%
Beta
0.89
Fee
8× 0.11%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + high_r_squared+low_tracking_error+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've reviewed FLCE. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19