Tidal Trust III Intech S&P Large Cap Diversified Alpha ETF
LGDX
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Tidal ETF Services LLC, 234 West Florida Street, Suite 203 Milwaukee United States of America WI
- IPO Date
- Feb 28, 2025
- CIK
- 0001722388
- Similar Companies
- Business
- Tidal Trust III Intech S&P Large Cap Diversified Alpha ETF (LGDX) is an exchange-traded fund that seeks long-term capital appreciation by investing at least 80% of its net assets in large-cap U.S. companies, employing a quantitative, volatility-driven strategy to enhance diversification, mitigate concentration risk, and generate alpha relative to the S&P 500 Index. The fund utilizes diversification-weighted investing, systematically rebalancing to harness volatility and correlations for optimized portfolio construction beyond traditional stock selection; it maintains alignment with the S&P 500 while targeting uncorrelated returns through financial science-based processes. Launched as an ETF on February 28, 2025, and listed on NYSE Arca, LGDX originates from a predecessor private fund strategy dating back to March 2004, with a gross expense ratio of 0.25% and operations managed through Tidal ETF Services LLC in Milwaukee, Wisconsin. The ETF targets institutional and retail investors seeking improved core equity exposure in the U.S. large-cap segment across diversified sectors, focusing on public equity markets. It serves as a passive-like vehicle with active return potential, appealing to portfolios aiming to challenge market concentration without high active management fees. Geographically, the fund concentrates on U.S. companies, with no significant international operations beyond domestic listings. Intech, as sub-adviser, applies a proprietary process grounded in 20+ years of strategy performance, converting the predecessor fund—a Section 3(c)(7) commingled vehicle—into this ETF structure to offer enhanced accessibility, tax efficiency, and lower fees. By May 2025, LGDX surpassed $100 million in assets under management within its first five months, reflecting rapid adoption and first-quarter outperformance versus the S&P 500. No recent partnerships, acquisitions, or further product launches have been announced for Tidal Trust III in relation to LGDX as of late 2025.