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Launched · SEC filings

American Century Focused Dynamic Growth ETF

FDGNYSE ArcaB

$135.99−0.67 (−0.49%)

As of Oct 13, 2026, 3:59 PM

B54/ 100

Rank 37 of 90 in US Active Growth

B54/100Rank 37 of 90inUS Active Growth
Intraday session: down, 21 prints from 136.66 to 135.99. Range 135.48 to 136.66. Use the arrow keys to read each point.135.50135.75136.25136.5010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$435M
1Y total return
+12.3%
Yield · Last 12 months
0.00%
Holdings
45
Avg volume · 30D
0M sh
NAV per share
$137.60
52W range
low $108.74high $141.46
Launched
Filings
SEC EDGAR

The ETF.net FDG Grade

B

Score 54 out of 100

Category
US Active Growth⁠
Rank
37 of 90
Six-pillar profile for FDG. Scores out of 100: Cost 72, Risk 40, Mission 70, Tradability 46, Holdings 28, Durability 73. Strongest: Durability (73). Weakest: Holdings (28). No single pillar leads.

Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays B for now. A new letter must hold for 3 published runs before it replaces it.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A72 out of 100
    Rank 25 of 90

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A70 out of 100
    Rank 14 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 59 of 82

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 53 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D28 out of 100
    Rank 84 of 89

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A73 out of 100
    Rank 25 of 90

Our read on FDG

ETF.net Research

BRoughly 40 stocks, no index to hug: FDG is American Century's high-conviction swing at US large-cap growth, running since 2020 and priced under the typical active fund in its peer group.

Stated mandate

The fund seeks long-term capital growth through a high-conviction portfolio of large-cap growth companies selected for opportunities to sustain above-average growth.

Why people hold it

  1. 01Concentration by design: roughly 40 large-cap growth names, so the manager's best ideas move the fund instead of getting diluted across hundreds of positions.
  2. 020.45% a year undercuts the typical active fund in its US growth peer group.
  3. 03Same job description since its 2020 launch: US large-cap companies picked for the ability to sustain above-average growth.
  4. 04Lands in the upper half of a crowded field of active US growth funds.

Worth knowing

  1. 01Concentration cuts both ways: with about 40 holdings, one stock's rough patch registers far more than in a 500-name index fund.
  2. 02Thinly traded, so spreads can run wider than the mega-ETF norm; limit orders matter more here.
  3. 03Cheap for active stock picking, still above enhanced-index rivals like JUSA (0.12%) and FELG (0.18%).

FDG Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
45
Top-10 weight
66%
Largest holding
NVDA17.3%

Sectors

  • Technology39.9%
  • Communication24.5%
  • Consumer Discretionary16.8%
  • Health Care9.2%
  • Industrials5.5%
  • Financials3.5%
  • Energy0.6%
  • Consumer Staples0.0%

Geography

  • United States90.70%
  • Denmark3.20%
  • United Kingdom1.89%
  • Canada1.77%
  • Netherlands1.38%
  • Sweden1.06%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA Corp17.27%352,218$70M847
002GOOGAlphabet Inc-CL C16.00%184,778$65M478
003AMZNAmazon.com Inc7.05%120,751$29M736
004TSLATesla Inc6.53%63,364$27M521
005MSFTMicrosoft Corp4.10%44,857$17M815
006CDNSCadence Design Systems Inc3.75%40,787$15M430
007ASNDAscendis Pharma A/S3.19%48,767$13M85
008METAMeta Platforms Inc3.17%22,996$13M704
009RKLBRocket Lab Corp2.89%116,071$12M238
010NFLXNetflix Inc2.29%131,000$9M485
011LRCXLam Research Corp2.17%20,466$9M606
012MAMastercard Inc2.06%16,406$8M526
013ALNYAlnylam Pharmaceuticals Inc2.03%27,532$8M259
014ARMARM Holdings PLC1.88%21,676$8M107
015SHOP.TOShopify Inc1.76%62,736$7M121

Showing 1–15 of 45 holdings

FDG Performance

Launched Mar 31, 2020

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
FDG$11,235
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. FDG $11,235. SPY $12,044. Use the arrow keys to read each point.$8,791$10,546$12,301Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FDG. Periods over one year show the average yearly return.
PeriodFDG
Year to date+7.7%
1 month+3.1%
3 months+2.1%
1 year+12.3%
3 yearsper year+28.4%
5 yearsper year+10.6%
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FDG
YearReturn barFDG
2026 YTD+7.7%
2025+22.1%
2024+45.9%
2023+37.2%
2022−35.7%
2021+8.5%
2020+93.6%

History from Apr 2, 2020

FDG in the news

Filtered to FDG · US Active Growth

FDG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2020

One bar per payment. 1 payment in 2020. Dec 17, 2020 $0.0078. Use the arrow keys to read each point.2020
Ex-datePay dateAmount per share
Dec 17, 2020Dec 23, 2020$0.0078

FDG Risk

How much the fund’s monthly returns vary, scaled to a year.
19.7%
Annualised · 36 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.16
vs 3-month T-bills · to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−43.7%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.29
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FDG Cost

Expense ratio0.45%
  • The middle half of US Active Growth funds
  • Median 0.56%

24 of the 90 US Active Growth funds charge less.

FDG costs $45.00 a year on $10,000. The median US Active Growth fund costs $56.50.

Other funds in US Active Growth

See others