Land‐based coral culture is of increasing interest for conservation and educational display. Shallow water corals generate most of their energy from photosynthesis, and light is a critical abiotic factor in their husbandry. We compared growth, calcification, and photobiology in the coral Acropora cervicornis between natural and artificial (light‐emitting diode; LED) light to better understand the impact of light source on coral performance. One tank of a greenhouse recirculating system at The Florida Aquarium's Center for Conservation was used to culture replicate coral colonies. Half of the tank and corals were covered to block sunlight and illuminated with a commercial reef aquarium LED fixture, while the other half was exposed to natural sunlight. Treatments were matched in terms of maximum photosynthetically active radiation and spectral measurements characterized both light regimes. Coral growth and calcification were tracked over a period of 19 weeks by repeated measurements of total linear extension (TLE) and buoyant weight. For the first 5 weeks, photosynthetic yield was measured weekly using a pulse‐amplitude‐modulated fluorometer. Calcification was significantly higher under LED lighting relative to natural light, but TLE did not differ. Photobiology data suggest that corals in both treatments were acclimated to the same light level, but photosynthetic efficiency was ultimately greater in the natural light treatment. More consistent light delivery and different spectral composition under LED treatment conditions may explain the incongruity between calcification and photosynthetic efficiency. This experiment informs husbandry of shallow‐water scleractinian corals maintained in both natural sunlight and enclosed structures.