LGRO

Level Four Large Cap Growth Active ETF

LGRO is an actively managed portfolio of US large cap stocks. Holdings are managed based on quantitative analysis and fundamental research, selecting those companies perceived to have favorable growth potential within their market sector.


US

EQUITY

Active

MANAGEMENT STYLE

97.9 M

ASSETS UNDER MGMT

55 bp

EXPENSES
Fund Basics
Fund sponsor
CategoryUS
Asset classEquity
Websitelink...
Inception dateAug 22, 2023
Assets (mns)$98
Expense ratio55 bp
CurrencyUSD
Sector Breakdown
Fund Structure
Regulation
Distributions
Taxation1099
Stock selection
Weighting
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
APPLE INC 7.2 %
MICROSOFT CORP 5.6 %
AMAZON.COM INC 5.5 %
ALPHABET INC. CLASS A 4.6 %
NVIDIA CORP 3.9 %
BOOKING HOLDINGS INC. 3.7 %
SNOWFLAKE, INC. CLASS A 3.5 %
BLACKROCK INC 3.3 %
PAYPAL HOLDINGS INC 3.3 %
META PLATFORMS INC 3.3 %
Constituent Breakdown
Number of holdings47
Herfindahl-Hirschman Index 311
Wgt avg mkt cap (mns)$858,264
Large cap (>$10bn)99.3%
Mid cap ($2-10bn)0.7%
Small cap (<$2bn)0.0%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 99.7 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 24.2% -- -- -- -- -- 24.2%
Volatility 16.3% 15.9% -- -- -- -- --
Market Correlations
versus...BetaR-squared
S&P 5000.000%
MSCI EAFE0.000%
MSCI Emg Mkts0.000%
Liquidity Measures
Avg. volume (000)3
Turnover0.1%
Avg. Bid/Ask (% of price)16.99%
ADV of underlying (mns)$87,642
Technical Indicators
Recent close$36.22
30d moving avg.$33.18
Annualized volatility0.0%
Relative strength (RSI)54
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: LGRO 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 --%
3.6 25.6 4.8 0.9% --
Based on closing prices from 12/4/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
LGRO



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 Rating

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.

ALTAR Score™

LGRO

4.0%

Cat. Avg

5.3%


ALTAR Score™ Calculation

Category Overview
There are 978 funds in the US Equity category, with an average ALTAR Score™ of 5.3% and a standard deviation of 2.4%. LGRO's ALTAR Score™ is approximately 0.6 standard deviations below the category average. This places LGRO in the 29th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

LGRO
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Active
US Equity ETFs
# of ETFs 308
Avg. Expense Ratio 67.1 bp
Std. Deviation 37 bp
LGRO (55 bp) Percentile rank 39
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
LGRO 55.0 1,698.9 1753.9
Peer Avg. 66.9 49.4 116.3
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .