ALRG vs EQTY
Allspring LT Large Core ETF vs Kovitz Core Equity ETF
Which is better, ALRG or EQTY?
Each has led over a different period.
ALRG has a lower expense ratio. ALRG led over the full window, EQTY over 1Y. EQTY is less concentrated, with 42.9% of the fund in its ten largest positions against 47.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ALRG | EQTY |
|---|---|---|
| Expense Ratio | 0.28%Best | 0.99% |
| AUM | $8M | $1.4B |
| Dividend Yield | 0.42% | 0.02% |
| Holdings | 104 | 77 |
| YTD Return | +13.44%Best | +12.60% |
| 1Y Return | +14.40% | +16.37%Best |
| 3Y Return (annualized) | - | +19.06% |
| Volatility (annualized) | 11.7% | 11.1%Best |
| Max Drawdown | -9.3%Best | -11.8% |
| $10,000 over 1.3 years | $12,625Best | $11,980 |
| Top 10 Weight | 47.1% | 42.9%Best |
| Fund Family | Allspring Global Investments | Kovitz Investment Group |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 8, 2025 | Dec 28, 2011 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 8, 2025 to Nov 11, 2026 (1.3 years).
ALRG vs EQTY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.3 years both funds cover.
ALRG vs EQTY Performance
Allspring LT Large Core ETF (ALRG) is an ETF from Allspring Global Investments and Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group. Over the past year ALRG returned +14.40% while EQTY returned +16.37%. Year to date, ALRG is up 13.44% versus a gain of 12.60% for EQTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALRG has been the more volatile fund, with annualized monthly volatility of 11.7% compared with 11.1% for EQTY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.3% for ALRG and -11.8% for EQTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALRG charges 0.28% per year while EQTY charges 0.99%. On a $10,000 position that is $28 vs $99 annually, a gap of $71 per year that compounds over a long holding period. On income, ALRG currently yields 0.42% against 0.02% for EQTY.
Holdings Overlap
43.8% of ALRG's money is in holdings EQTY also owns. 39.9% of EQTY's money is in holdings ALRG also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 50 positions we hold weights for in ALRG and 37 in EQTY, against full books of 104 and 77.
What only one of them owns
Our book lists 22 positions for EQTY that do not appear in our book for ALRG (53.4% of the fund), and 30 for ALRG that do not appear in EQTY (45.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ALRG | Weight in EQTY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 7.79% | 5.24% | 2.55% |
| AAPLApple Inc | 8.81% | 1.72% | 7.09% |
| GOOGAlphabet Inc. C | 5.53% | 3.96% | 1.57% |
| AMZNAmazon.Com Inc | 4.79% | 3.14% | 1.65% |
| VVisa Inc Class A | 2.15% | 4.89% | 2.74% |
| METAMeta Platforms Inc | 2.86% | 3.22% | 0.36% |
| ADIAnalog Devices | 1.32% | 3.97% | 2.65% |
| MSIMotorola Solutions, Inc | 1.22% | 3.21% | 1.99% |
| AMDAdvanced Micro Devices Inc | 2.75% | 1.61% | 1.14% |
| CRMSalesforce Inc Crm Us Equity | 1.61% | 2.16% | 0.55% |
43.8% of ALRG is already inside EQTY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ALRG or EQTY?
ALRG has an expense ratio of 0.28% while EQTY charges 0.99%. ALRG is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, ALRG or EQTY?
Over the past year ALRG returned +14.40% vs +16.37% for EQTY, so EQTY leads on 1-year performance. Over the longest common window we track (1 years), ALRG annualized +19.64% vs +14.91% for EQTY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALRG or EQTY?
ALRG has been the more volatile fund at 11.7% annualized versus 11.1% for EQTY. Worst drawdown: ALRG -9.3% vs EQTY -11.8%.
Should I hold both ALRG and EQTY?
ALRG and EQTY have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ALRG and EQTY?
43.8% of ALRG's money is in holdings EQTY also owns. 39.9% of EQTY's is in holdings ALRG also owns. They hold 14 positions in common, counted across the 50 positions we hold weights for in ALRG and 37 in EQTY.
Which pays a higher dividend, ALRG or EQTY?
ALRG yields 0.42% while EQTY yields 0.02%, so ALRG currently pays the higher dividend yield.
Is EQTY better than ALRG?
ALRG has a lower expense ratio. ALRG led over the full window, EQTY over 1Y. EQTY is less concentrated, with 42.9% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.