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Launched · SEC filings

American Century Focused Dynamic Growth ETF

FDGNYSE ArcaAmerican CenturyC

$121.08−2.13 (−1.73%)

As of Nov 10, 2026, 11:20 AM ET

C52/ 100

Rank 41 of 90 in US Active Growth

C52/100Rank 41 of 90inUS Active Growth
Intraday session: down, 22 prints from 123.21 to 121.08. Range 120.85 to 123.21. Use the arrow keys to read each point.121.50122.00122.5010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$401M
1Y total return
0.0%
Yield · Last 12 months
0.00%
Holdings
44
Avg volume · 30D
11.3K sh
52W range
low $108.74high $141.46
Launched
Filings
SEC EDGAR

The ETF.net FDG Grade

C

Score 52 out of 100

Category
US Active Growth⁠
Rank
41 of 90
Six-pillar profile for FDG. Scores out of 100: Cost 71, Risk 34, Mission 70, Tradability 43, Holdings 30, Durability 73. Strongest: Durability (73). Weakest: Holdings (30). No single pillar leads.

Score 52 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.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A71 out of 100
    Rank 26 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.
    D34 out of 100
    Rank 67 of 86

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C43 out of 100
    Rank 55 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D30 out of 100
    Rank 81 of 90

  • 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 24 of 90

Our read on FDG

ETF.net Research

In short

CRoughly 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

  • Concentration 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.
  • 0.45% a year undercuts the typical active fund in its US growth peer group.
  • Same job description since its 2020 launch: US large-cap companies picked for the ability to sustain above-average growth.
  • Lands in the upper half of a crowded field of active US growth funds.

Worth knowing

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

FDG Holdings

Holdings pillarD30 out of 100Rank 81 of 90 in US Active Growth
Asset class
Stocks
Holdings
44
Top-10 weight
66%
Largest holding
NVDA19.0%

Sectors

  • Technology46.0%
  • Communication22.0%
  • Consumer Discretionary15.2%
  • Health Care7.6%
  • Industrials5.1%
  • Financials3.4%
  • Energy0.5%

Geography

  • United States97.99%
  • Canada2.01%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1NVDANVIDIA Corp18.96%355,559$81.2M846
2GOOGAlphabet Inc-CL C14.79%185,909$63.3M475
3AMZNAmazon.com Inc6.47%111,121$27.7M736
4MSFTMicrosoft Corp5.98%49,895$25.6M828
5TSLATesla Inc5.22%62,974$22.3M528
6METAMeta Platforms Inc4.41%26,021$18.9M713
7LLYEli Lilly & Co2.96%10,952$12.7M596
8COHRCoherent Corp2.49%37,111$10.7M343
9LRCXLam Research Corp2.49%32,470$10.7M593
10RKLBRocket Lab Corp2.38%146,386$10.2M228
11MAMastercard Inc2.25%17,460$9.63M544
12CDNSCadence Design Systems Inc2.22%28,754$9.49M434
13PLTRPalantir Technologies Inc2.17%49,627$9.28M530
14SHOP.TOShopify Inc2.02%58,417$8.66M128
15ASNDAscendis Pharma A/S1.87%35,204$8.02M90

Showing 1–15 of 44 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$9,996
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. FDG $9,996. SPY $11,339. Use the arrow keys to read each point.$9,000$10,000$11,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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−2.8%
1 month−11.1%
3 months−9.0%
1 year0.0%
3 yearsper year+25.2%
5 yearsper year+6.8%
10 yearsFund is under 10 years oldper yearNo data

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−2.8%
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

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 Nov 9, 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

Risk pillarD34 out of 100Rank 67 of 86 in US Active Growth
How much the fund’s monthly returns vary, scaled to a year.
20.3%
Annualised · 36 months to Oct 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.
1.06
vs 3-month T-bills · to Oct 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.
−43.6%
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.
1.30
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.

FMP measures it over up to five years of monthly returns.

FDG Cost

Compare FDG and FELG

Overpaying vs FELG, tied cheapest in US Active Growth

$5,292

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FDG 0.45%

    $9,041

  • FELG 0.18% Tied cheapest

    $3,749

$10,000
30 years

Cost over time

  • FDG 0.45%
  • FELG 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530FDG $9,041FELG $3,749

Year by year

YearFDGFELGOverpaying
10$812$328$484
20$3,128$1,281$1,847
30$9,041$3,749$5,292

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