Feb. 23, 2025 9:17 PM ETLogan Capital Broad Innovative Growth ETF (LCLG)IWF, SCHG, SPYG, QGRO, LCLGThe Sunday Investor6.46K Followers(13min)SummaryLCLG is comprised of 40-60 U.S. securities selected for their high earnings growth potential. It's an actively managed ETF with $80 million in assets under management and a 0.96% expense ratio.LCLG benchmarks against the Russell 1000 Growth Index, but my fundamental analysis reveals its growth prospects are actually weaker. Its components are also highly leveraged compared to its peers.We see the result of this when evaluating the performance of LCLG and its predecessor mutual fund. It's lagged its benchmark by 1.18% per year on average, with greater volatility.As an alternative, I suggest QGRO, which excels on diversification, risk management, valuation, growth, and quality. This article also compares LCLG with IWF, SCHG, and SPYG.Overall, I rate LCLG a "sell."OrangeDukeProductions/E+ via Getty ImagesInvestment ThesisThis article explains why I've assigned a "sell" rating for the Logan Capital Broad Innovative Growth ETF (NYSEARCA:LCLG), an actively managed fund with a 0.96% expense ratio and a long track record ofThis article was written byThe Sunday Investor6.46K FollowersThe Sunday Investor has completed all the educational requirements for the Chartered Investment Manager designation and is on track to become a licensed options and derivatives trading advisor. Focusing on U.S. Equity ETFs, The Sunday Investor maintains a comprehensive ETF Database that tracks the performance and fundamentals for nearly 1,000 funds. He is active in the comments section and ready to answer questions about any ETF you might considering.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments