LGRO vs PAI

Comparison between LEVEL FOUR LARGE CAP GROWTH ACTIVE ETF (LGRO, ETF) and Western Asset Investment Grade Income Fund Inc (PAI, ETF).

LGRO vs PAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LGRO(ETF)	PAI(ETF)
Net Assets	$125M	$125M
Expense Ratio	0.50%	N/A
Max Drawdown	23.30%	45.93%
Sharpe Ratio	1.10	-0.10
5Y Beta	1.17	0.23
P/E Ratio	33.05	N/A
Forward P/E	22.08	N/A
PEG Ratio	0.63	N/A
5Y Dividends CAGR	N/A	3.60%
5Y EPS CAGR	24.21%	N/A
Debt to Equity	-11.44%	N/A
P/S Ratio	3.42	N/A
P/B Ratio	6.76	N/A

Net Assets

Winner

LGRO

$125M

PAI

$125M

Expense Ratio

LGRO

0.50%

PAI

N/A

Max Drawdown

Winner

LGRO

23.30%

PAI

45.93%

Sharpe Ratio

Winner

LGRO

1.10

PAI

-0.10

5Y Beta

LGRO

1.17

Winner

PAI

0.23

P/E Ratio

LGRO

33.05

PAI

N/A

Forward P/E

LGRO

22.08

PAI

N/A

PEG Ratio

LGRO

0.63

PAI

N/A

5Y Dividends CAGR

LGRO

N/A

PAI

3.60%

5Y EPS CAGR

LGRO

24.21%

PAI

N/A

Debt to Equity

LGRO

-11.44%

PAI

N/A

P/S Ratio

LGRO

3.42

PAI

N/A

P/B Ratio

LGRO

6.76

PAI

N/A

LGRO vs PAI - Historical Returns

Returns include dividend reinvestment.

Period	LGRO	PAI
1 month	+4.19%	-0.22%
3 months	+10.10%	-1.51%
6 months	+4.87%	-0.38%
1 year	+22.21%	+2.22%
5 years(CAGR)	N/A	-0.02%
10 years(CAGR)	N/A	+3.20%
Max(CAGR)	+21.46%	+6.03%

Winner

LGRO

+4.19%

PAI

-0.22%

Winner

LGRO

+10.10%

PAI

-1.51%

Winner

LGRO

+4.87%

PAI

-0.38%

Winner

LGRO

+22.21%

PAI

+2.22%

5Y(CAGR)

LGRO

N/A

PAI

-0.02%

10Y(CAGR)

LGRO

N/A

PAI

+3.20%

Max(CAGR)

Winner

LGRO

+21.46%

PAI

+6.03%

LGRO vs PAI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LGRO	PAI
2026	+4.74%	-1.69%
2025	+18.04%	+7.09%
2024	+26.10%	+9.44%
2023	+11.73%	+7.42%
2022	N/A	-21.03%
2021	N/A	+1.88%
2020	N/A	+6.17%
2019	N/A	+20.23%
2018	N/A	-11.78%
2017	N/A	+16.74%
2016	N/A	+15.58%
2015	N/A	+1.70%
2014	N/A	+7.73%
2013	N/A	-7.43%
2012	N/A	+12.40%
2011	N/A	+13.11%
2010	N/A	+6.63%
2009	N/A	+29.99%
2008	N/A	-16.92%
2007	N/A	-5.46%
2006	N/A	+16.18%
2005	N/A	-0.98%
2004	N/A	+10.46%
2003	N/A	+15.49%
2002	N/A	+6.03%
2001	N/A	+14.94%
2000	N/A	+25.82%
1999	N/A	-2.13%

LGRO vs PAI Drawdown Comparison

The maximum drawdown for LGRO was -23.26%, occurring on Apr 8, 2025. Recovery took 104 trading sessions.

The maximum drawdown for PAI was -38.96%, occurring on Nov 24, 2008. Recovery took 575 trading sessions.

The current LGRO drawdown is -4.71%. The current PAI drawdown is -11.70%.

Rank	LGRO	PAI
#1	-23.26% Jan 28, 2025 - Jun 27, 2025	-38.96% Jun 1, 2007 - Sep 11, 2009
#2	-15.24% Jan 12, 2026 - May 14, 2026	-33.71% Dec 2, 2021 - Oct 20, 2022
#3	-11.35% Sep 1, 2023 - Nov 20, 2023	-30.98% Nov 15, 2019 - Jul 15, 2020
#4	-10.47% Jul 16, 2024 - Sep 19, 2024	-22.02% Nov 26, 2012 - Apr 22, 2016
#5	-8.67% Oct 28, 2025 - Jan 6, 2026	-19.82% Sep 28, 2017 - Jun 11, 2019
#6	-6.95% Mar 28, 2024 - May 15, 2024	-13.79% May 24, 2010 - Sep 1, 2011
#7	-5.59% Dec 16, 2024 - Jan 24, 2025	-13.48% Aug 30, 2016 - Jun 19, 2017
#8	-4.71% Jun 1, 2026 - Jun 5, 2026	-10.99% Mar 17, 2004 - Sep 15, 2004
#9	-4.23% Dec 26, 2023 - Jan 19, 2024	-9.79% Nov 9, 2012 - Nov 21, 2012
#10	-3.95% Oct 8, 2025 - Oct 24, 2025	-9.55% Sep 28, 2020 - Aug 20, 2021
#11	-3.71% Jul 28, 2025 - Aug 12, 2025	-9.15% Sep 24, 2002 - Dec 16, 2002
#12	-3.55% May 20, 2024 - Jun 12, 2024	-8.91% Jun 20, 2003 - Nov 20, 2003
#13	-2.92% Feb 9, 2024 - Mar 1, 2024	-8.83% Sep 30, 2009 - Mar 17, 2010
#14	-2.80% Oct 14, 2024 - Nov 6, 2024	-8.29% Sep 15, 2021 - Nov 19, 2021
#15	-2.43% Nov 12, 2024 - Nov 22, 2024	-8.08% Feb 10, 2005 - Jun 30, 2005

Correlation

Correlation between LGRO and PAI is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (1999 - 2026)

LGRO vs PAI dividend yield comparison.

Year	LGRO	PAI
2026	0.07%	1.74%
2025	0.31%	5.45%
2024	0.39%	4.83%
2023	0.26%	4.67%
2022	0.00%	4.82%
2021	0.00%	3.57%
2020	0.00%	3.82%
2019	0.00%	4.43%
2018	0.00%	5.23%
2017	0.00%	4.36%
2016	0.00%	4.82%
2015	0.00%	5.30%
2014	0.00%	5.13%
2013	0.00%	5.24%
2012	0.00%	4.84%
2011	0.00%	5.39%
2010	0.00%	6.13%
2009	0.00%	7.37%
2008	0.00%	9.37%
2007	0.00%	8.28%
2006	0.00%	5.59%
2005	0.00%	7.58%
2004	0.00%	9.41%
2003	0.00%	6.38%
2002	0.00%	6.97%
2001	0.00%	7.28%
2000	0.00%	8.00%
1999	0.00%	2.10%