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Launched · SEC filings

American Century Focused Large Cap Value ETF

FLVNYSE ArcaAmerican CenturyB

$89.33−0.30 (−0.33%)

As of Nov 10, 2026, 11:25 AM ET

B63/ 100

Rank 15 of 65 in US Active Value

B63/100Rank 15 of 65inUS Active Value
Intraday session: down, 22 prints from 89.62 to 89.33. Range 89.22 to 89.42. Use the arrow keys to read each point.89.2089.4089.5010 AM12 PM2 PM4 PM
Expense ratio
0.42%
Fund size
$397M
1Y total return
+24.3%
Yield · Last 12 months
1.59%
Holdings
49
Avg volume · 30D
8.13K sh
52W range
low $72.87high $90.30
Launched
Filings
SEC EDGAR

The ETF.net FLV Grade

Based on 5 of 6 pillars

B

Score 63 out of 100

Category
US Active Value⁠
Rank
15 of 65
Six-pillar profile for FLV. Scores out of 100: Cost 70, Risk 73, Mission not scored, Tradability 44, Holdings 52, Durability 70. Strongest: Risk (73). Weakest: Tradability (44). Based on 5 of 6 pillars.

Score 63 of 100 falls in the B 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.
    A70 out of 100
    Rank 20 of 65

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A73 out of 100
    Rank 9 of 65

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 40 of 65

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C52 out of 100
    Rank 36 of 65

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A70 out of 100
    Rank 16 of 65

Our read on FLV

ETF.net Research

In short

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.

Stated mandate

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.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 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.
FLV$12,430
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. FLV $12,430. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000$12,000Nov 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 FLV. Periods over one year show the average yearly return.
PeriodFLV
Year to date+19.5%
1 month+6.8%
3 months+2.9%
1 year+24.3%
3 yearsper year+18.8%
5 yearsper year+11.0%
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 FLV
YearReturn barFLV
2026 YTD+19.5%
2025+15.8%
2024+11.5%
2023+6.2%
2022+1.0%
2021+17.3%
2020+39.3%

History from Apr 2, 2020

FLV in the news

FLV 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.
1.59%Last 12 months
Payout per share
$1.42Last 12 months
Last payment
$0.35 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2020–2026

One bar per payment. 26 payments from 2020 to 2026 YTD. Jun 23, 2020 $0.06; Sep 22, 2020 $0.23; Dec 17, 2020 $0.19; Mar 23, 2021 $0.26; Jun 22, 2021 $0.27; Sep 21, 2021 $0.30; Dec 16, 2021 $1.64; Mar 22, 2022 $0.33; Jun 21, 2022 $0.29; Sep 20, 2022 $0.34; Dec 15, 2022 $1.97; Mar 23, 2023 $0.32; Jun 20, 2023 $0.30; Sep 21, 2023 $0.34; Dec 18, 2023 $0.30; Mar 21, 2024 $0.39; Jun 24, 2024 $0.36; Sep 23, 2024 $0.21; Dec 17, 2024 $0.42; Mar 25, 2025 $0.31; Jun 24, 2025 $0.45; Sep 23, 2025 $0.22; Dec 16, 2025 $0.46; Mar 10, 2026 $0.21; Jun 9, 2026 $0.41; Sep 8, 2026 $0.35. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 8, 2026Sep 10, 2026$0.35
Jun 9, 2026Jun 11, 2026$0.41
Mar 10, 2026Mar 12, 2026$0.21
Dec 16, 2025Dec 18, 2025$0.46
Sep 23, 2025Sep 25, 2025$0.22
Jun 24, 2025Jun 26, 2025$0.45
Mar 25, 2025Mar 27, 2025$0.31
Dec 17, 2024Dec 19, 2024$0.42
Sep 23, 2024Sep 25, 2024$0.21
Jun 24, 2024Jun 26, 2024$0.36
Mar 21, 2024Mar 25, 2024$0.39
Dec 18, 2023Dec 21, 2023$0.30

See all 26 payments⁠

$10,000 in FLV 5 years ago paid $1,559 in dividends.⁠

FLV Risk

Risk pillarA73 out of 100Rank 9 of 65 in US Active Value
How much the fund’s monthly returns vary, scaled to a year.
12.2%
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.
1.10
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.
−15.1%
Trough Sep 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.
0.53
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.

FLV Cost

Compare FLV and WTV

Overpaying vs WTV, cheapest in US Active Value

$5,952

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

  • FLV 0.42%

    $8,472

  • WTV 0.12% Cheapest

    $2,520

$10,000
30 years

Cost over time

  • FLV 0.42%
  • WTV 0.12%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530FLV $8,472WTV $2,520

Year by year

YearFLVWTVOverpaying
10$759$220$539
20$2,927$859$2,068
30$8,472$2,520$5,952

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