Sterling Capital Focus Equity ETF
ALTAR
Score™
5.1% info Recommen-
dation
UNDERWEIGHT
2023E    2024E
P/E
ratio
49.7x P/Sales
ratio
8.8x
P/BV
ratio
11.6x Div.
yield
0.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
LCG is an actively managed fund that seeks long-term capital appreciation. The fund is a concentrated portfolio focused on US large-cap growth stocks.

FUND BASICS
Category US Equities
Fund Sponsor Sterling Capital Management LLC
Website sterlingcapital.com
Inception date Aug 26, 2020
Assets (mns) $60
Currency USD
Expense ratio 59 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives Yes
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 21
Wgt avg mkt cap (mns) $276,412
Large cap (>$10bn) 90.6%
Mid cap ($2-10bn) 9.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ADYEN N.V. UNSPONSORED ADR 14.3 %
S&P GLOBAL, INC. 8.5 %
COSTAR GROUP INC 8.4 %
SHOPIFY, INC. CLASS A 6.8 %
IDEXX LABORATORIES INC 6.4 %
VEEVA SYSTEMS INC-CLASS A 5.2 %
AMAZON.COM INC 5.1 %
MSCI INC-A 4.5 %
ALPHABET INC. CLASS C 4.4 %
SERVICENOW INC 4.4 %
Total 68.0 %

TOP COUNTRY EXPOSURE
0.0 %











HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
31.0% 22.5% -- -- 2.4%

Market Correlations
versus... Beta R-squared
S&P500 1.33 80%
MSCI EAFE 1.19 59%
MSCI Emg. Mkts. 0.88 35%

Technical Indicators
Recent close $25.99
30d moving avg. $22.75
Annualized volatility 26.4%
Short interest (ETF) 0.0%
Short interest (Underlying) 1.6%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.4%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $11,137

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 35 potential alternatives to the Sterling Capital Focus Equity ETF ETF based on the alternatives' overlap in portfolio holdings with LCG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: LCG Expense: 59 bp ALTAR Score™: 5.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH LCG
Ticker Fund
Name
Overlap1
vs LCG
(%)
Expense
ratio
(bp)
Savings
vs LCG
(bp)
ALTAR
Score™
(%)
ALTAR
vs LCG
(%)
MMLG First Trust Multi-Manager Large Growth ETF 19.2 85 -26 2.7 -2.4
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF 16.7 58 1 3.2 -1.8
JEPQ J.P. Morgan Nasdaq Equity Premium Income ETF 14.6 35 24 5.0 -0.0
QRMI Global X NASDAQ 100 Risk Managed Income ETF 14.2 60 -1 5.1 +0.1
QYLD Global X NASDAQ 100 Covered Call ETF 14.2 60 -1 5.1 +0.0
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 14.2 60 -1 4.9 -0.2
NUSI Nationwide Risk-Managed Income ETF 14.2 68 -9 4.7 -0.4
QCLR Global X NASDAQ 100 Collar 95-110 ETF 14.1 25 34 5.1 +0.1
QTR Global X NASDAQ 100 Tail Risk ETF 14.1 26 33 5.2 +0.2
THNQ ROBO Global Artificial Intelligence ETF 13.4 68 -9 2.0 -3.0
STLG iShares Factors US Growth Style ETF 13.0 25 34 5.9 +0.9
ACIO Aptus Collared Income Opportunity ETF 12.5 79 -20 4.8 -0.3
QYLE Global X Nasdaq 100 ESG Covered Call ETF 12.0 60 -1 5.4 +0.3
XYLE Global X S&P 500 ESG Covered Call ETF 11.1 60 -1 5.4 +0.3
EFIV SPDR S&P 500 ESG ETF 11.0 10 49 5.5 +0.5
FTQI First Trust Nasdaq BuyWrite Income ETF 10.4 85 -26 4.3 -0.7
PBP Invesco S&P 500 BuyWrite ETF 10.2 49 10 5.5 +0.5
XYLD Global X S&P 500 Covered Call ETF 10.1 60 -1 5.4 +0.3
XRMI Global X S&P 500 Risk Managed Income ETF 10.1 60 -1 5.5 +0.4
XYLG Global X S&P 500 Covered Call & Growth ETF 10.1 60 -1 5.2 +0.1
XTR Global X S&P 500 Tail Risk ETF 10.1 26 33 5.6 +0.6
XCLR Global X S&P 500 Collar 95-110 ETF 10.0 25 34 5.7 +0.7
FTHI First Trust High Income ETF 9.3 85 -26 5.6 +0.5
SFLR Innovator Equity Managed Floor ETF 9.3 89 -30 4.7 -0.3
TYLG Global X Information Technology Covered Call & Growth ETF 4.8 60 -1 5.2 +0.2
DYLG Global X Dow 30 Covered Call & Growth ETF 3.2 60 -1 5.8 +0.7
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 3.2 55 4 6.2 +1.1
DJIA Global X Dow 30 Covered Call ETF 3.2 60 -1 6.0 +1.0
CCOR Core Alternative ETF 3.1 107 -48 5.5 +0.4
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF 2.6 82 -23 7.1 +2.1
FYLG Global X Financials Covered Call & Growth ETF 1.7 60 -1 6.1 +1.0
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 1.6 75 -16 6.2 +1.1
XVOL Acruence Active Hedge U.S. Equity ETF 1.3 83 -24 5.4 +0.3
HYLG Global X Health Care Covered Call & Growth ETF 0.4 60 -1 7.3 +2.2
RYLD Global X Russell 2000 Covered Call ETF 0.1 60 -1 3.7 -1.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2018 2019 2020 2021 2022 2023E 2024E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2022 2023E 2024E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Sterling Capital Focus Equity ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

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™


Calculation of ALTAR Score™
Avg. Return on Equity 34.7 %
Divided by: Fwd. P/BV 6.1 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 5.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.41 CATEGORY
AVERAGE
1.49
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.