LRGG ETF: What Is It? A Complete Guide to Returns, Expense Ratio, Holdings and Alternative ETFs
The Nomura Focused Large Growth ETF (LRGG) is an actively managed ETF in which portfolio managers hand-pick a concentrated set of US large-cap growth stocks. Its management fee, dividend and non-diversified concentration are the key points to check, and it is often compared with low-cost passive growth ETFs such as VUG and IWF.
SubscribeWhat Is the Nomura Focused Large Growth ETF?
This is an ETF that selects US large-cap growth stocks through active management. It invests most of its net assets in large-company stocks and holds a concentrated portfolio of high-quality companies with long-term growth potential and competitive advantages.
It suits investors who want to go beyond index tracking and pursue excess returns in large-cap growth through the manager's stock selection and concentrated investing.
It is an ETF run by Nomura using an active (discretionary) management approach.
How Does the Nomura Focused Large Growth ETF Invest?
| Item | Details |
|---|---|
| Tracking Index | Benchmark comparison (active management) |
| Management Style | Active (stock selection) |
| Fund Manager | Nomura |
| Rebalancing Frequency | At the manager's discretion |
| Dividend Frequency | Annual dividend |
| Total Expense Ratio | 0.44% |
The portfolio managers select large-cap growth stocks using a bottom-up approach that combines fundamental and quantitative analysis. The fund focuses on high-quality companies with clear competitive advantages and long-term growth potential, and because it is a non-diversified structure, a small number of core holdings carry large weights.
- Active management based on bottom-up stock selection
- Non-diversified, concentrated portfolio
Nomura Focused Large Growth ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $308.8M, and the total expense ratio (Expense Ratio) is 0.44% per year.
Nomura Focused Large Growth ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeThe fund moves broadly in line with large-cap growth stocks, and its results may deviate from the benchmark depending on the manager's stock selection. Because of its concentrated portfolio, the performance of a few core holdings tends to have an outsized effect on overall returns.
During periods when growth stocks are in favor, money tends to flow into the large-cap growth category, and volatility can rise depending on interest rates and earnings season. As an active ETF, its fund flows are more sensitive to management performance than those of passive products.
Nomura Focused Large Growth ETF Pros and Cons
Active stock selection and concentrated investing by the manager are its strengths, but non-diversified concentration and active management costs can work as drawbacks.
💪 Key Strengths
⚠️ Points to Watch
Nomura Focused Large Growth ETF Alternatives and Related Products
VUG, IWF, IVW, SCHG and SPYG shown in the table are all passive ETFs that track large-cap growth stocks. Unlike the active, concentrated management of LRGG, they hold a broadly diversified set of stocks at lower fees. If you want wider diversification within the same large-cap growth category, you can consider VONG, a broad growth ETF, and if you want to reduce volatility, alternatives such as QUAL, which adds a quality factor, are also worth reviewing.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 VUG | Vanguard Morningstar Growth ETF | $86.76 | -0.5% | $225.8B | 0.03% | 0.4% | +7.3% |
 IWF | iShares Russell 1000 Growth ETF | $119.61 | -0.4% | $122.8B | 0.18% | 0.36% | +1.2% |
 IVW | iShares S&P 500 Growth ETF | $136.48 | -0.5% | $75.8B | 0.18% | 0.36% | +12.4% |
 SCHG | Schwab U.S. Large-Cap Growth ETF | $34.82 | -0.3% | $62.7B | 0.04% | 0.4% | +7.7% |
 SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | $118.16 | -0.5% | $55.0B | 0.04% | 0.5% | +12.4% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corp | 0.31% | $210.96 | -0.6% | $5.08T | 26.7 | 0.37% |
| MSFT | Microsoft Corp | 0.21% | $524.51 | +0.7% | $3.90T | 29.2 | 0.75% |
| AAPL | Apple Inc | 0.17% | $347.73 | -0.1% | $5.07T | 39.9 | 0.32% |
| GOOGL | Alphabet Inc | 0.07% | $320.21 | -1.2% | $3.90T | 16.1 | 0.25% |
| AMZN | Amazon.com Inc | 0.11% | $248.00 | -0.9% | $2.68T | 19.9 | - |
| TSM | Taiwan Semiconductor Manufacturing ADR | 0.06% | $418.51 | +1.5% | $2.17T | 26.9 | 0.99% |
Nomura Focused Large Growth ETF Investor Checkpoints
These are the points to check before investing in LRGG. Because of its active management and non-diversified, concentrated structure, you should review costs, concentration and management performance in advance, as well as growth stock volatility and currency effects.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Long-term cumulative impact of active management costs | Higher than passive |
| 📊 Stock Concentration | Weight of top holdings and non-diversified structure | High concentration |
| 🎯 Management Performance | Whether it delivers excess returns versus the benchmark | Needs verification |
| 💱 Exchange Rate | Impact on returns when converted to Korean won | No currency hedge |
The non-diversified, concentrated structure and growth stock volatility are the main risk factors. Heavy reliance on a few core holdings means declines can be larger if those stocks underperform, and active management does not always beat the benchmark.
This is an active large-cap growth ETF suited to investors who value the manager's stock selection and concentrated investing. If low cost and broad diversification are the priority, it is worth comparing passive growth ETFs such as VUG and SCHG.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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