LCF

Touchstone US Large Cap Focused ETF

LCF is a concentrated portfolio of US-listed large-cap stocks selected based on high conviction that the businesses have a sustainable competitive advantage or have a high barrier to entry in place.


US

EQUITY

Active

MANAGEMENT STYLE

69 bp

EXPENSES

$36.7 M

ASSETS UNDER MGMT

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorWestern & Southern Mutual Holding
CategoryUS
Asset classEquity
Websitelink...
Inception dateJul 29, 2022
Assets (mns)$37
Expense ratio69 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsAnnually
Taxation1099
Stock selectionProprietary
WeightingProprietary
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
MICROSOFT CORP 9.7 %
APPLE INC 7.4 %
ALPHABET INC. CLASS C 6.2 %
META PLATFORMS INC 5.9 %
AMAZON.COM INC 5.2 %
BERKSHIRE HATHAWAY INC-CL B 3.9 %
NVIDIA CORP 2.8 %
UNITEDHEALTH GROUP INC 2.7 %
GOLDMAN SACHS GROUP INC 2.6 %
ORACLE CORP 2.4 %
Constituent Breakdown
Number of holdings47
Herfindahl-Hirschman Index 361
Wgt avg mkt cap (mns)$1,080,010
Large cap (>$10bn)100.0%
Mid cap ($2-10bn)0.0%
Small cap (<$2bn)0.0%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 93.4 %
IRELAND 1.8 %
Historical Performance


Standardized Performance (as of 06/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 8.4% 15.1% -- -- -- -- 19.1%
Volatility 11.0% 10.9% -- -- -- -- --
Market Correlations
versus...BetaR-squared
S&P 5000.98106%
MSCI EAFE0.7371%
MSCI Emg Mkts0.7156%
Liquidity Measures
Avg. volume (000)0
Turnover0.0%
Avg. Bid/Ask (% of price)0.19%
ADV of underlying (mns)$153,318
Technical Indicators
Recent close$34.15
30d moving avg.$34.07
Annualized volatility13.6%
Relative strength (RSI)61
Short interest (ETF)0.0%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: LCF vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
2.7 20.6 3.5 1.2% --
Based on closing prices from 7/22/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
LCF



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

LCF

4.3%

Cat. Avg

5.6%

Fund Category: US

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™4.3%
Recommendation

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

Category Overview
There are 899 funds in the US category, with an average ALTAR Score™ of 5.6% and a standard deviation of 2.4%. LCF's ALTAR Score™ is approximately 0.6 standard deviations below the category average. This places LCF in the 28th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
LCF
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown
Expense Analysis

Peer Group Active
US Equity ETFs
# of ETFs 308
Avg. Expense Ratio 67.1 bp
Std. Deviation 37 bp
LCF (69 bp) Percentile rank 52
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
LCF 69.0 19.0 88
Peer Avg. 69.7 23.8 93.5
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .