ETF Evaluator:
Nomura Focused Large Growth ETF ()
Follow This ETF
(as of Nov 13)
Best Performing in Large Growth Over the Last Year
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ETF Details
Nomura Focused Large Growth ETF Overview
Nomura Focused Large Growth ETF (LRGG) is an actively managed U.S. Equity Large Growth exchange-traded fund (ETF). Nomura launched the ETF in 2024.
The investment seeks to provide growth of capital.
Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of large capitalization, growth-oriented companies. Its investment adviser (“Manager”) will primarily invest in equity securities of growth-oriented companies that the Manager believes operate in a highly attractive industry, have durable competitive advantages, and sustainable growth potential. The fund is non-diversified.
About Nomura Focused Large Growth ETF (LRGG)
There are 2 members of the management team with an average tenure of 2.47 years: Bradley Angermeier (2024) and Bradley Klapmeyer (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Russell 1000 TR USD index with a weighting of 100% and Russell 1000 Growth TR USD index with a weighting of 100%. Nomura Focused Large Growth ETF has 23 securities in its portfolio. The top 10 holdings constitute 67.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Nomura Focused Large Growth ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Nomura Focused Large Growth ETF has 11.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 88.1% There is 11.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Nomura Focused Large Growth ETF has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $287 million in total assets, which is below the $7 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LRGG Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Nomura Focused Large Growth ETF expense ratio is average compared to funds in the Large Growth category. Nomura Focused Large Growth ETF has an expense ratio of 0.44%, which is 12% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Nomura Focused Large Growth ETF has a portfolio turnover rate of 20%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 74% for the Large Growth category.
Recently, in the month of October 2026, Nomura Focused Large Growth ETF returned 0.4%, which earned it a grade of A, as the Large Growth category had an average return of -5.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Nomura Focused Large Growth ETF has a trailing yield of 0.15%, which is below the 0.43% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Nomura Focused Large Growth ETF Grades
Year to date, the ETF has returned 1.5%, 3.7 percentage points worse than the category, which translates into a grade of D. The fund has returned -0.2% over the past year (grade of D).
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LRGG Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LRGG Return (NAV) | 0.4% | 3.9% | -0.2% | na | na | na |
| LRGG Return (Price) | 0.4% | 3.8% | -0.3% | na | na | na |
| NAV +/- Price Return | -0.010% | 0.160% | 0.056% | na | na | na |
| Large Growth Avg | -5.0% | -0.5% | 2.8% | 23.0% | 8.2% | 15.7% |
| LRGG Grade (NAV) | A | A | D | na | na | na |
| +/- Category (NAV) | 5.3% | 4.5% | -3.1% | na | na | na |
| LRGG Tax-Cost Ratio | na | na | 0.1% | na | na | na |
LRGG Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LRGG Return (NAV) | 1.5% | 7.7% | na | na | na | na | na | na | na | na | na |
| LRGG Return (Price) | 1.4% | 7.6% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.040% | -0.006% | na | na | na | na | na | na | na | na | na |
| Large Growth Avg | 5.1% | 16.8% | 30.6% | 39.2% | -31.4% | 20.6% | 40.9% | 32.9% | -1.7% | 29.0% | 4.4% |
| LRGG Grade (NAV) | D | F | na | na | na | na | na | na | na | na | na |
| +/- Category | -3.7% | -9.1% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.2% |
| Total Assets: | $ 287 Mil |
| Share Class Assets: | $ 287 Mil |
| Turnover: | 20.0% |
| Expense Ratio: | 0.44% |
| Index Fund: | No |
| Index Tracked: | Russell 1000 TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.5 years | |||
| Average Tenure: 2.5 years | |||
| Managers (Year): Angermeier Bradley (2024), Klapmeyer Bradley (2024) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 23 |
| % in Top 10 Holdings: | 67.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 11.7% |
Portfolio Allocation |
|
| Domestic Stock: | 88.1% |
| Foreign Stock: | 11.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Nomura |
| Phone Number: | 844-469-9911 |
| Website: | global.nomuraassetmanagement.com/investments/etf |
| Inception Date: | May 14, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.44% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.50% |
