Level Four Large Cap Growth Active ETF (LGRO) Performance
LGRO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.3% since Dec 31, 2025
- 1 year
- +15.3% total return
- 3 years
- +26.3% a year
- Since first price
- +22.2% a year since 2023
LGRO trailing returns vs SPY, QQQ, AGG
| Period | LGRO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.1% | −0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +9.2% | +9.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +16.9% | +16.8% | +7.8% | +8.4% | −1.5% |
| YTD | +15.3% | +15.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.3% | +14.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +101.3%+26.3%/yr | +98.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionAug 23, 2023 | +88.7%+22.2%/yr | +86.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: LGRO vs SPY
From Aug 23, 2023: LGRO grew to $18,866, SPY to $17,850.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LGRO returns by calendar year
2 of 2 full years positive. Best 2024 (+23.9%), worst 2025 (+18.2%). 2026 is year to date.
LGRO annual returns table
| Year | LGRO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.3% | −15.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +18.2% | −23.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +23.9% | −10.5% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
LGRO largest drawdowns
Now 1.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 28, 2025 | −23.3% | Apr 8, 2025 | Jun 27, 2025 | 2 months | 5 months |
| Jan 12, 2026 | −15.2% | Mar 30, 2026 | May 14, 2026 | 3 months | 4 months |
| Sep 1, 2023 | −11.3% | Oct 27, 2023 | Nov 20, 2023 | 56 days | 3 months |
| Jul 16, 2024 | −10.5% | Aug 5, 2024 | Sep 19, 2024 | 20 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
LGRO risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +24.9% | +21.5% |
| Volatility (annualized) | 16.4% | 16.8% |
| Sharpe ratio | 1.18 | 0.99 |
| Sortino ratio | 2.25 | 1.79 |
| Best month | +12.0% | +12.0% |
| Worst month | −8.0% | −8.0% |
| Best 12 months | +40.8% | +40.8% |
| Worst 12 months | +4.7% | +4.7% |
| Positive months | 67% | 65% |
| Beta vs S&P 500 | 1.22 | — |
| Correlation with S&P 500 | 0.93 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
LGRO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 27 | +4.7% | +19.8% | +40.8% | 100% |
| 3-year (a year) | 3 | +22.6% | +24.9% | +26.6% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
LGRO performance overview
Level Four Large Cap Growth Active ETF (LGRO) returned +15.3% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +22.2% a year, turning $10,000 into about $18,866. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −23.3%, from Jan 28, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 16.8% a year.
Related: LGRO chart, LGRO holdings, LGRO dividends, LGRO valuation. See the LGRO overview for the latest quote and fund facts.
LGRO performance FAQ
What is the LGRO return over the past year?
LGRO returned +15.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.9%.
How much would $10,000 invested in LGRO be worth?
$10,000 invested in LGRO at its first recorded close on August 23, 2023 would be worth about $18,866 on October 23, 2026 with distributions reinvested.
What was the worst year for LGRO?
The worst calendar year was 2025, with a total return of +18.2%. The best was 2024 at +23.9%.
What is the biggest drawdown of LGRO?
The largest peak-to-trough decline was −23.3% between January 28, 2025 and April 8, 2025. It recovered to the old high on June 27, 2025, 3 months after the bottom.
How volatile is LGRO?
Over the past 3 years LGRO had an annualized volatility of 16.4% and a Sharpe ratio of 1.18 (excess return over 1–3 month T-bills per unit of risk).