American Century Focused Large Cap Value ETF
$83.98−0.47 (−0.56%)
- Expense ratio
- 0.42%
- Fund size
- $376M
- 1Y return
- +17.2%
- Yield · Last 12 months
- 1.94%
- Holdings
- 49
- Volume · 30D
- 0M sh
- NAV per share
- $84.51
- 52W range
The ETF.net FLV Grade
Score 63 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.BScore 69Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 69Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 50Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 54Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 71Category rank
Our read on FLV
BAn active, roughly 50-stock take on large-cap value: American Century's managers hunt high-dividend U.S. companies with room to raise the payout, and charge less than the typical active value fund to do it.
The fund seeks current income and long-term capital appreciation by investing primarily in high-dividend U.S. companies with potential for dividend growth.
Why people hold it
- At 0.42%, it costs less than the typical active U.S. value fund, where the peer median sits at 0.55%. More of the dividend stream stays in the fund.
- Two jobs, one mandate: current income and long-term capital appreciation from high-dividend U.S. companies with dividend growth potential. Distributions run quarterly.
- About 50 holdings, filtered through valuation and quality screens, so cheap on its own doesn't earn a stock a spot.res.americancentury.com
- Sits in the upper tier of a crowded active U.S. value field, one of the stronger implementations among dozens of rivals.
Worth knowing
- Thinly traded next to the category's giants. Spreads can be wider, and bigger orders take more care at the point of execution.
- Systematic rivals cost less: AVLV and SEIV at 0.15%, DFLV at 0.21%. The gap is what you pay for a manager's judgment instead of a rules engine.
- It's active, measured against the Russell 1000 Value Index. A 50-stock portfolio can look quite different from that benchmark in either direction.americancentury.com
FLV Holdings
- Stocks
- 49
- 33%
- MRSH
Sectors
- Financials22.7%
- Health Care16.8%
- Cons. Staples12.4%
- Industrials12.0%
- Technology12.0%
- Energy8.0%
- Consumer Discr.6.7%
- Utilities5.2%
- Materials3.1%
- Communication1.1%
Geography
- United States89.39%
- Ireland3.79%
- France2.67%
- United Kingdom2.33%
- Switzerland1.83%
FLV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FLV$11,724
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.
| Period | FLV |
|---|---|
| Year to date | +12.8% |
| 1 month | −3.2% |
| 3 months | +5.6% |
| 1 year | +17.2% |
| 3 years | +15.7% |
| 5 years | +10.5% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLV |
|---|---|---|
| 2026 YTD | +12.8% | |
| 2025 | +15.8% | |
| 2024 | +11.5% | |
| 2023 | +6.2% | |
| 2022 | +1.0% | |
| 2021 | +17.3% | |
| 2020 | +39.3% |
FLV in the news
FLV Dividends
- 1.94%
- $1.64
- $0.35 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 8, 2026 | Sep 10, 2026 | $0.35 |
| Jun 9, 2026 | Jun 11, 2026 | $0.41 |
| Mar 10, 2026 | Mar 12, 2026 | $0.21 |
| Dec 16, 2025 | Dec 18, 2025 | $0.46 |
| Sep 23, 2025 | Sep 25, 2025 | $0.22 |
| Jun 24, 2025 | Jun 26, 2025 | $0.45 |
| Mar 25, 2025 | Mar 27, 2025 | $0.31 |
| Dec 17, 2024 | Dec 19, 2024 | $0.42 |
| Sep 23, 2024 | Sep 25, 2024 | $0.21 |
| Jun 24, 2024 | Jun 26, 2024 | $0.36 |
| Mar 21, 2024 | Mar 25, 2024 | $0.39 |
| Dec 18, 2023 | Dec 21, 2023 | $0.30 |
FLV Risk
- 11.6%
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.
- 0.95
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.
- −15.1%
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.
- 0.53
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLV Cost
0.42%
FLV0.42%
- The middle half of US Active Value funds
- Median 0.55%
20 of the 66 US Active Value funds charge less.