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LRGE ClearBridge Large Cap Growth Select ETF

High-conviction stock selection. Takes a “business model first, valuation second” approach.
Fosters engaged, impactful investing. Allows investors to simultaneously pursue financial return and social good.
Investment expertise. With a legacy dating back over 50 years, ClearBridge Investments is a leading global equity manager committed to delivering distinctive long-term results.

Overview

See the risks and other important information.

Fund Facts

Fund description

The fund seeks long-term capital appreciation through investing in large-capitalization companies with the potential for high future earnings growth.

Benchmark: Russell 1000 Growth Index
Dividend Frequency, if any: Annually
Fund Inception Date: 05/22/2017
Listing Exchange: NASDAQ - XNMS
Distribution Rate at NAV As of 11/14/2025 (Updated Daily): N/A

Expenses & Fees

As of 08/01/2025

Gross Expense Ratio⁴: 0.48%
Net Expense Ratio^4,5: 0.48%

Identifiers

Ticker: LRGE
IOPV / IIV Ticker⁶: LRGE.IV
Benchmark Ticker: RU10GRTR
CUSIP Code: 524682200

Average Annual Total Returns As of 10/31/2025

View performance section for additional info As of 10/31/2025

Fund

Market Price Return

NAV Return

18.28%1 Year
27.68%3 Years
15.29%5 Years
—10 Years
16.57%Since Inception
05/22/2017

Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.

Top Sectors

View portfolio section for additional info

As of 10/31/2025 Equity as a % of Total (Updated Monthly)

Information Technology47.04%

Consumer Discretionary17.85%

Communication Services11.10%

Financials8.19%

Health Care6.86%

Additional Fund Info

Fiscal Year End: March 31
Trustee: The Bank of New York Mellon
Lipper Classification: Large-Cap Growth Funds
Morningstar Category: Large Growth

Trading Characteristics

As of 11/14/2025 (Updated Daily)

Creation/Redemption Fee (estimated): $250
Creation Unit Size (Number of Shares): 50,000
Shares Outstanding: 5,263,748
Daily Volume: 22,287
20-Day Average Volume: 9847.20

Manager and Commentary

About the Team

ClearBridge Investments

ClearBridge Investments is a well-established global investment manager focusing on proprietary research and fundamental investing. With over 60 years of experience building portfolios for clients seeking income solutions, high active share or low-volatility, long-tenured portfolio managers provide strong leadership in a centralized investment structure.

Managed Fund Since 2017

Managed Fund Since 2024

Latest ClearBridge Insights

November 3, 2025

AOR Update: Data dearth and the dashboard

October 20, 2025

AOR Update (Podcast): Bubble or Boom?

October 10, 2025

The Long View: Bubble or boom?

September 18, 2025

Infrastructure in the rapidly changing policy landscape

Performance

Average Annual Total Returns

As of 10/31/2025

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns are based on Market Price or NAV, assume the reinvestment of all distributions and the deduction of all Fund expenses. Performance would have been lower if expenses had not been waived in various periods. Returns for periods of less than one year are not annualized.

Month End

Quarter End

As of

ClearBridge Large Cap Growth Select ETF - Market Price Return (%)

Month End

As of 10/31/2025

ClearBridge Large Cap Growth Select ETF - NAV Return (%)

Month End

As of 10/31/2025

Russell 1000 Growth Index (%) ⁹

Month End

As of 10/31/2025

Overall Morningstar Rating: Overall Morningstar Rating: 3 out of 5 stars
As of 10/31/2025

3 Years: 3 Years: 3 out of 5 stars
1015 Funds in category

5 Years: 5 Years: 3 out of 5 stars
954 Funds in category

10 Years: —

Rating Category: Large Growth

The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Morningstar Style Box

As of 10/31/2025

Current Historical
			Large
			Medium
			Small
Value	Blend	Growth
Style

Size

Source: Morningstar®. The style box reveals a fund's investment style. For equity funds, the vertical axis shows the market capitalization of the long stocks owned, and the horizontal axis shows the investment style (value, blend, or growth). For fixed income funds, the vertical axis shows the credit quality based on credit ratings and the horizontal axis shows interest-rate sensitivity as measured by effective duration. Placement is determined by fund portfolio holding figures most recently entered into Morningstar's database and corresponding market conditions. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results.

©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Portfolio

Assets

As of11/14/2025 (Updated Daily)

Total Net Assets: $433.04 Million

Positions

As of 10/31/2025 (Updated Monthly)

Number of Holdings

Fund: 27
Benchmark: 391

Portfolio Statistics

As of 10/31/2025 (Updated Monthly)

Price to Earnings (12-Month Forward)

Fund: 35.27x
Benchmark: 35.18x

Weighted Average Market Capitalization (USD)

Fund: $1,815.94 Billion
Benchmark: $2,119.79 Billion

Price to Earnings (12-Month Trailing)

Fund: 41.48x
Benchmark: 42.16x

Price to Book

Fund: 19.43x
Benchmark: 20.86x

Median Market Cap (USD)
The weighted median is calculated by first ranking all of the companies in the specified universe in ascending order based on the specified formula. All of the weights for the companies are summed. Then, the function steps through the sorted list while keeping a running total of the weights. The value returned by the function as the weighted median value is that belonging to the company straddling the 50% barrier.

Fund: $1,412.11 Billion
Benchmark: $1,635.96 Billion

Market Capitalization Allocation

As of 10/31/2025 % of Equity (Updated Monthly)

Market Capitalization Allocation
Market Capitalization	Fund
50-250 Billion	33.53%
250-500 Billion	6.34%
>500 Billion	60.13%

Holdings
As of 11/13/2025 (Updated Daily)

NVIDIA CORP

APPLE INC

AMAZON.COM INC

META PLATFORMS INC-CLASS A

TESLA INC

VISA INC-CLASS A SHARES

NETFLIX INC

PALO ALTO NETWORKS INC

TAIWAN SEMICONDUCTOR-SP ADR

INTUITIVE SURGICAL INC

Portfolio holdings are based on total portfolio, and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. Any negative allocations or allocations in excess of 100% are primarily due to unsettled trade activities.

Distributions & Tax

Federal ID Number 81-5332107

For information on tax years prior to 2008, please contact us

These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.

Distributions per Share ($)

Year

Tax Information
Record Date	Ordinary Dividends Dividends paid by a fund that are derived from interest, dividends, net short-term capital gains and other types of ordinary income earned by the fund. For a fund that elects to pass through its foreign taxes paid (a non-cash item), a shareholder's allotted share of foreign taxes has been added to the “Ordinary Dividends” cash distributions received by the shareholder. If the fund passed through foreign taxes paid and later is refunded any portion of those taxes by a foreign tax authority, any interest paid to the fund on that refund is also required to be included in “Ordinary Dividends”.	Qualified Dividends The portion of a fund’s “Ordinary Dividends” that may be eligible for a reduced capital gain tax rate. To be eligible for the lower tax rates, certain holding periods apply and shareholders should consult their tax advisor to determine the amount eligible for the reduced rate. This amount represents both cash distributions and non-cash amounts, such as foreign taxes paid, that have been allocated to shareholders.	Capital Gain Distributions	Unrecaptured Section 1250 Gain	Non-Taxable Return Of Capital	Section 199a Dividends The portion of a fund’s “Ordinary Dividends” generated by a real estate investment trust or earned by a fund from its investments in real estate investment trusts, subject to limitations. Individual (non-corporate) shareholders may be entitled to a special deduction from gross income for “Section 199A Dividends” received from a fund. To qualify for this deduction certain holding periods apply and shareholders should consult their tax advisor.	Foreign Tax Paid	Exempt Interest Dividends	Interest on Tax Reclaim Refunds
Dec 26	0.131734	0.131734	—	—	—	—	—	—	—
	0.131734	0.131734	—	—	—	—	—	—	—

Dec 26

Supplemental Tax Information

Foreign Source Income: —
Foreign Source Qualified Dividends: —
Direct U.S. Government Obligations The portion of “Ordinary Dividends” attributable to earnings from US Treasury and certain other government securities may be categorized as a fund containing US government obligations. This income may be exempt from state personal income taxes. The percentage for direct US government obligation interests available for tax-exempt treatment may be limited in states that require the fund to meet certain minimum thresholds. Shareholders should consult their tax advisor to determine the availability of exemptions in their state.: —
Specified Private Activity Bond Interest: —
Dividends Received Deduction: 100.00%
Section 163(j): —
Indiana Resident Taxable Income: —
Utah Resident Taxable Income The portion of “Exempt-Interest Dividends” subject to Utah income tax. Subject to certain exceptions, the state of Utah provides that income earned from non-federal government entities outside of Utah (non-Utah municipal bonds) is taxable to Utah resident shareholders. Income earned from states that do not tax Utah obligations are also exempt. Shareholders should consult their tax advisor about applicability.: —

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Pricing

Pricing History

As of 11/14/2025 (Updated Daily)

Time Period

From

From Date

To Date

Daily Fund Prices

As of 11/14/2025

Share Prices

As of 11/14/2025

NAV ¹(Net Asset Value): $82.27
NAV Change ¹: $-0.05
NAV Change (%) ¹: -0.06%
Market Price ¹: $82.22
Market Price Change ¹: $-0.04
Market Price Change (%) ¹: -0.05%

52-Week Range

Highest NAV: $86.85
Lowest NAV: $62.64
Highest Market Price: $86.83
Lowest Market Price: $62.75

Premium / Discount

As of 11/14/2025

30-Day Median Bid/Ask Spread: 0.13%
Bid / Ask Spread: $0.13
Avg. of Market Price vs. NAV at Close ⁷: -0.06%

Documents

Fund Literature

Fund Literature
Checkbox	Name	Download	Add to Cart
Checkbox	Factsheet - ClearBridge Large Cap Growth Select ETF	Download Document

Regulatory Documents

Regulatory Documents
Checkbox	Name	Download
Checkbox	Annual Report - ClearBridge Large Cap Growth ESG ETF - Single Class	Download Document
Checkbox	Annual Financial Statements and Other Information - ClearBridge ETF Funds	Download Document
Checkbox	Semi-Annual Report - ClearBridge Large Cap Growth ESG ETF - Single Class	Download Document
Checkbox	Semi-Annual Financial Statements and Other Information - ClearBridge Dividend Strategy ESG ETF	Download Document
Checkbox	Prospectus - ClearBridge Large Cap Growth Select ETF	Download Document
Checkbox	Summary Prospectus - ClearBridge Large Cap Growth Select ETF	Download Document
Checkbox	Statement of Additional Information - Clearbridge ETFsMailed hardcopies unavailable.	Download Document
Checkbox	Fiscal Q1 Holdings - Clearbridge ETFsMailed hardcopies unavailable.	Download Document
Checkbox	Fiscal Q3 Holdings - Clearbridge ETFsMailed hardcopies unavailable.	Download Document
Checkbox	Distribution Reclassifications (2018)Mailed hardcopies unavailable.	Download Document
Checkbox	Qualified Dividend Income Percentage for Individual Shareholders (2017)Mailed hardcopies unavailable.	Download Document
Checkbox	Qualified Dividend Income Percentage for Individual Shareholders (2018)Mailed hardcopies unavailable.	Download Document

View Proxy Voting Records and Proxy Voting Policies

Risks

All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. Large-capitalization companies may fall out of favor with investors based on market and economic conditions. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. The portfolio is, or could become, non-diversified and may invest in a relatively small number of issuers, which may negatively impact the performance and result in greater fluctuation in value. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund's prospectus.

Important Information

Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.

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Important data provider notices and terms available at www.franklintempletondatasources.com.

Performance data quoted represents past performance, which does not guarantee future results.

CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.

All investments involve risk, including possible loss of principal. Please see each product's web page for specific details regarding investment objective, risks, performance, and other important information. Review this information carefully before you make any investment decision. Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.

Carefully consider a fund’s investment objectives, risks, charges and expenses before investing. Please view the prospectus or summary prospectus for this and other information. Read it carefully.

Franklin Templeton, its affiliated companies, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the “promotion or marketing” of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.

ETFs trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF expenses will reduce returns. ETF shares may be bought or sold throughout the day at their market price (MP), not their Net Asset Value (NAV), on the exchange on which they are listed. Shares of ETFs are tradable on secondary markets and may trade either at a premium or a discount to their NAV on the secondary market. Prior to trading in the secondary market, shares of the fund are "created" at NAV by market makers, large investors and institutions only in block-size Creation Units. Each "creator" or "Authorized Participant" enters into an authorized participant agreement with Franklin Distributors, LLC. Only an Authorized Participant may create or redeem Creation Units directly with the fund. Retail investors buy and sell shares of ETFs at market price (not NAV) in the secondary market throughout the trading day. These shares are not individually available for purchase or redemption directly from the ETF.

Franklin Distributors, LLC serves as the distributor of Creation Units for the ETFs on an agency basis. Franklin Distributors, LLC does not maintain a secondary market in the funds' shares.

Redemption payments will be effected within the specified number of calendar days following the date on which a request for redemption in proper form is made. For more information, please see the ETF’s statement of additional information (SAI) which can be found on the fund’s webpage.

The Russell 1000 Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe.
Source: FTSE.

Retail investors buy and sell shares of ETFs at market price (not NAV) in the secondary market throughout the trading day. These shares are not individually available for purchase or redemption directly from the ETF.

Authorized participants ("APs") may acquire shares in the primary market directly from the ETFs and may tender their shares for redemption directly to the ETFs, at net asset value per share only in Creation Units or Creation Unit Aggregations. Once created, shares of the funds generally trade in the secondary market in amounts less than a Creation Unit.

Exchange Traded Funds (ETFs) — A type of investment company which is bought and sold on a securities exchange. ETFs generally represent a portfolio of securities, derivative instruments, currencies or commodities. The risks of owning an ETF generally reflect the risks of owning the underlying securities or commodities the ETF is designed to track. ETFs also have management fees and operating expenses that increase their costs.

Franklin Resources, Inc., its specialized investment managers, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the “promotion or marketing” of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.

Footnotes

Net Asset Value (NAV) returns are based on the NAV of the ETF/ETP. The fund’s NAV represents the per-share-value and is determined by dividing the total NAV of the fund by the number of shares outstanding; Market Price returns are based upon the official closing price of the ETF’s/ETP's shares. The fund calculates the NAV per share each business day and normally coincides with the close of trading on the exchange on which they are listed, typically 4 pm ET. The fund does not calculate the NAV on days the exchange is closed for trading. These returns do not represent investors’ returns had they traded shares at other times.
Figures are aggregate total return figures, have not been annualized and represent the change in value of an investment over the period indicated.
The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products with at least a three-year history, and subject to change monthly. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total return, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total return. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not take into account the effects of sales charges and loads. Morningstar Rating is for the specified share class(es) only; other classes may have different performance characteristics.
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Gross Expense Ratio reflects the total annual operating expenses for the share class shown, prior to the deduction of any waiver or reimbursement. Actual expenses may be higher and may impact portfolio returns. Net Expense Ratio reflects total expenses after any fee waivers, implemented expense caps or reimbursements. If a fund has contractual fee waivers, expense caps and/or reimbursements, the expiration date can be found by clicking on the information button next to the net expense ratio. Additional amounts may be voluntarily waived and/or reimbursed and may be modified or discontinued at any time without notice. Expense ratios are as of the most recent prospectus or annual report.
Net Expense Ratio represents the expense ratio applicable to investors.
Trading prices of a fund's shares in the secondary market generally differ from a fund's daily NAV and are affected by market forces such as supply and demand, economic conditions and other factors. Information regarding the intraday value of a fund’s shares, also known as the "indicative optimized portfolio value" ("IOPV"), are disseminated every 15 seconds throughout the trading day by the national securities exchange on which the fund's shares are listed or by market data vendors or other information providers. Therefore, the IOPV should not be viewed as a "real-time" update of the fund's NAV, which is computed only once a day.
Premiums or discounts are the differences between the NAV and the Market Price of the Fund on a given day, generally at the time the NAV is calculated. A premium is the amount that the Fund is trading above the reported NAV, expressed as a percentage of the NAV. A discount is the amount that the Fund is trading below the reported NAV, expressed as a percentage of the NAV. The since inception premium/discount average is calculated by averaging the daily premium/discount since the inception of the fund. The daily premium/discount is the difference between the daily market price for shares of the Fund and the Fund's net asset value. The Market Price is determined using the closing price as of 4 pm ET on each trading day (when NAV is normally determined for most funds).
Premium / Discount reflects the difference between the NAV and the Market Price of the fund, and represents the amount that the fund is trading above or below its NAV, expressed as a percentage of the NAV.
The Russell 1000 Growth Index measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. Please note an investor cannot invest directly in an index.

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LRGE ClearBridge Large Cap Growth Select ETF

Popular Documents

Fund repositioned

Overview

Fund description

Expenses & Fees

Identifiers

Fund

Top Sectors

Additional Fund Info

Trading Characteristics

Manager and Commentary

About the Team

Latest ClearBridge Insights

Performance

Average Annual Total Returns

Ratings 3

Portfolio

Market Capitalization Allocation

Distributions & Tax

Federal ID Number 81-5332107

Pricing

Chart

Daily Fund Prices

Documents

Risks

Important Information

Footnotes

Ratings ³