FDG
American Century Focused Dynamic Growth ETF
FDG is actively managed to invest in a narrow selection of US mid and large-cap growth companies.
US
EQUITY
Active
MANAGEMENT STYLE
284.2 M
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Fund sponsor | American Century Investments |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 31, 2020 |
| Assets (mns) | $284 |
| Expense ratio | 45 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Non-transparent |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NVIDIA CORP | 15.6 % |
| AMAZON.COM INC | 9.4 % |
| TESLA MOTORS INC | 5.4 % |
| ALPHABET INC. CLASS C | 5.1 % |
| MICROSOFT CORP | 4.5 % |
| SALESFORCE.COM INC | 4.3 % |
| META PLATFORMS INC | 4.3 % |
| REGENERON PHARMACEUTICALS | 3.7 % |
| INTUITIVE SURGICAL INC | 3.7 % |
| MASTERCARD INCORPORATED CLASS A | 3.4 % |
Constituent Breakdown
| Number of holdings | 40 |
| Herfindahl-Hirschman Index | 552 |
| Wgt avg mkt cap (mns) | $690,587 |
| Large cap (>$10bn) | 95.0% |
| Mid cap ($2-10bn) | 5.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 90.7 % |
 |
NETHERLANDS | 1.7 % |
 |
CANADA | 1.5 % |
 |
DENMARK | 1.0 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 26.8% | 49.2% | 28.6% | 0.9% | -- | -- | 12.2% | Volatility | 20.3% | 19.5% | 20.5% | 26.2% | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.24 | 79% |
| MSCI EAFE | 0.92 | 45% |
| MSCI Emg Mkts | 0.80 | 34% |
Liquidity Measures
| Avg. volume (000) | 23 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.11% |
| ADV of underlying (mns) | $99,484 |
Technical Indicators
| Recent close | $102.78 |
| 30d moving avg. | $93.64 |
| Annualized volatility | 24.2% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 4.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FDG |
Expenses vs. FDG |
ALTAR Score™ vs. FDG |
|---|---|---|---|---|
| FFOG | Franklin Focused Growth ETF FOCUSED GROWTH ETF | 47.9% | +16 bp | +0.2% |
| BGRO | iShares Large Cap Growth Active ETF | 44.7% | +10 bp | +1.0% |
| MGK | Vanguard Mega Cap Growth ETF | 43.0% | -38 bp | +1.7% |
| EGUS | iShares ESG Aware MSCI USA Growth ETF | 42.8% | -27 bp | +1.8% |
| IWY | iShares Russell Top 200 Growth ETF | 42.5% | -25 bp | +2.0% |
| BFTHX | Baron Fifth Avenue Growth Retail | 42.0% | +30 bp | -1.0% |
| JGRO | JPMorgan Active Growth ETF | 42.0% | -1 bp | +0.8% |
| ILCG | iShares Morningstar Growth ETF | 41.0% | -41 bp | +1.3% |
| BIOPX | Baron Opportunity Retail | 41.0% | +30 bp | -1.6% |
| VUG | Vanguard Growth ETF | 39.8% | -41 bp | +1.4% |
Risk and Returns: FDG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
FDG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
FDG
2.6%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.4%. FDG's ALTAR Score™ is approximately
1.2 standard deviations
below
the category average. This places FDG in the 13rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FDGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| FDG (45 bp) Percentile rank | 28 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| FDG | 45.0 | 10.5 | 55.5 |
| Peer Avg. | 67.8 | 48.9 | 116.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .