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FDG

GradeBNew York Stock Exchange Arca

American Century Focused Dynamic Growth ETF

Active Equity · American Century · Inception 2020-03-31 · SEC filings

$134.72−1.29 (−0.95%)

As of Sep 23, 2026, 3:05 PM EDT

Intraday session: down, 24 prints from 136.01 to 134.72. Range 134.69 to 136.23. Use the arrow keys to read each point.$135.00$135.50$136.0010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$434M
1Y return
+11.2%
Yield · Last 12 months
0.00%
Holdings
43
Volume · 30D
0M sh
NAV per share
$136.13
52W range
low $108.74high $141.46

The ETF.net FDG Grade

B

55/ 100

Rank 31 of 90 in US Active Growth⁠

Confidence High

Six-pillar profile for FDG. Scores out of 100: Cost 72, Risk 43, Mission 67, Tradability 47, Holdings 30, Durability 74. Strongest: Durability (74). Weakest: Holdings (30). Leans toward Durability and Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 55 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 72
    Category rank25/90 · top 28%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 67
    Category rank16/27 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 43
    Category rank51/79 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 47
    Category rank52/90 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 30
    Category rank83/89 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 74
    Category rank24/90 · top 27%

Graded as of Sep 22, 2026

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 Sep 22, 2026, 8:31 PM
Asset class
Stocks
Holdings
43
Top-10 weight
66%
Largest holding
NVDA17.3%

Sectors

  • Technology39.9%
  • Communication24.5%
  • Consumer Discr.16.8%
  • Health Care9.2%
  • Industrials5.5%
  • Financials3.5%
  • Energy0.6%
  • Cons. 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$70M828
002GOOGAlphabet Inc-CL C16.00%184,778$65M471
003AMZNAmazon.com Inc7.05%120,751$29M720
004TSLATesla Inc6.53%63,364$27M509
005MSFTMicrosoft Corp4.10%44,857$17M792
006CDNSCadence Design Systems Inc3.75%40,787$15M438
007ASNDAscendis Pharma A/S3.19%48,767$13M83
008METAMeta Platforms Inc3.17%22,996$13M683
009RKLBRocket Lab Corp2.89%116,071$12M237
010NFLXNetflix Inc2.29%131,000$9M493
011LRCXLam Research Corp2.17%20,466$9M591
012MAMastercard Inc2.06%16,406$8M512
013ALNYAlnylam Pharmaceuticals Inc2.03%27,532$8M258
014ARMARM Holdings PLC1.88%21,676$8M106
015SHOP.TOShopify Inc1.76%62,736$7M122

Showing 1–15 of 45 holdings

FDG Performance

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

FDG$11,117
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. FDG $11,117. SPY $11,723. Use the arrow keys to read each point.$8,707$10,348$11,988Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+7.2%
1 month+3.0%
3 months+3.3%
1 year+11.2%
3 years+29.4%per year
5 years+10.1%per year
10 yearsFund is under 10 years old—per 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+7.2%
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

ETF.net Research hasn’t filed on FDG yet — coverage lands here as it’s written.

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 Sep 22, 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.
20.4%
Annualised · 36 months to Aug 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.
0.99
vs 3-month T-bills · to Aug 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.
1.28
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 89 US Active Growth funds charge less.

FDG costs $45.00 a year on $10,000. The median US Active Growth fund costs $56.00.