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FDG vs GUSE

American Century Focused Dynamic Growth ETF

FDGCNYSE Arca

Goldman Sachs Enhanced U.S. Equity ETF

GUSEANasdaq

Overlap

Expense ratio

GUSE −0.15pt a year

FDG0.45%GUSE0.30%

Avg volume · 30D

GUSE 2.9×the volume

FDG11.3KGUSE32.3K

FDG vs GUSE Performance

Dec 31, 2025 – Nov 9, 2026

−2.8%FDG+11.4%GUSE

Dec 31, 2025 to Nov 9, 2026. FDG −2.8%. GUSE +11.4%. Use the arrow keys to read each point.−15%−10%5%15%Dec 2025Jun 2026Nov 2026
Expense ratio
FDG 0.45%
GUSE 0.30%, better
Fund size
FDG $401M
GUSE $417M
1Y total return
FDG 0.0%
GUSE No data
Yield (12M)
FDG 0.00%
GUSE No data
Holdings
FDG 44
GUSE 122
Avg volume (30D)
FDG 11.3K sh
GUSE 32.3K sh, better
NAV per share
FDG $118.87
GUSE $43.96
52W range

ETF.net Grade

FDG: Cost 71, Risk 34, Mission 70, Tradability 43, Holdings 30, Durability 73. GUSE: Cost 97, Risk 95, Mission not scored, Tradability 46, Holdings 85, Durability 85.
Pillar letters and Scores for FDG, GUSE, with each pillar’s weight
PillarFDGGUSE
Cost30% weightA71A97Higher
Mission25% weightA70Not scored
Risk15% weightD34A95Higher
Tradability15% weightC43C46Higher
Holdings10% weightD30A85Higher
Durability5% weightA73A85Higher

Rank among US Active Growth funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FDG and GUSE are both graded against the same 90 US Active Growth funds, so their Grades compare head to head.

US Active Growth⁠

Category · 90 funds
See all 90 ›

GUSE ranks 2nd and FDG 41st of 90 funds in the US Active Growth Category.

  1. Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
  2. Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
  3. Rank 3ALRGCAB US Large Cap Strategic Equities ETFScore 83
  4. Rank 41CBRIFFIS Bright Portfolios Focused Equity ETFScore 52
  5. Rank 41CFDGAmerican Century Focused Dynamic Growth ETFScore 52
  6. Rank 41CSXQGETC 6 Meridian Quality Growth ETFScore 52

Our read on each fund

ETF.net Research

FDGCAmerican Century Focused Dynamic Growth ETF

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

In short

FDG Roughly 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.

GUSE Goldman's fundamental stock pickers hunting long-term growth in US companies, for 0.30% a year. The strategy dates to 2008 and charges well under the typical active US growth fund.

Stated mandate

FDG 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.

GUSE The Fund seeks long-term growth of capital by investing in companies that the Investment Adviser believes are positioned for long-term growth.

Why people hold it

  • FDG 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.
  • GUSE Charges 0.30% a year, against a 0.54% median for its active US growth cohort. Cheap, for stock picking.
  • Actively run with no index to shadow. Managers hold companies they judge positioned for long-term growth, so the portfolio can look different from a large-cap benchmark.
  • Inception dates to 2008, so the strategy has run through multiple market cycles, not one long rally.
  • One of the stronger implementations in a crowded field of active US growth funds.

Worth knowing

  • FDG 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%).
  • GUSE Trades thinly next to the category's heavyweights. Spreads can be wider, which bites most on large or hurried orders.
  • Two peers in the same top tier undercut it on fee: JUSA at 0.12% and FELG at 0.18%. Price is not where this one stands out.
  • Distributions land once or twice a year, not monthly. Growth of capital is the stated goal, not an income stream.

Full FDG profile⁠

Full GUSE profile⁠

FDG vs GUSE Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FDG vs GUSE Cost

Overpaying FDG vs GUSE

$2,892

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

  • FDG 0.45%

    $9,041

  • GUSE 0.30%

    $6,149

$10,000
30 years

Cost over time

  • FDG 0.45%
  • GUSE 0.30%
  • 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 $9,041GUSE $6,149

Year by year

YearFDGGUSEOverpaying
10$812$545$267
20$3,128$2,113$1,015
30$9,041$6,149$2,892

Expense ratio

  • 0.45%FDG
  • 0.30%GUSE, cheaper
  • Middle half of US Active Growth funds
  • Median 0.55%

GUSE 3rd cheapest of 90 funds

FDG 26th cheapest of 90 funds

FDG vs GUSE Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
FDG 0.00%
GUSE No data
Payout (12M)
FDG None
GUSE No data
Last payment
FDG No data
GUSE $0.30
Ex-dividend
FDG No data
GUSE Dec 23, 2025
Paid on
FDG No data
GUSE Dec 30, 2025
Frequency
FDG No data
GUSE Irregular

Distribution history

Per share, 2020 to 2026, same scale for both

FDG1 paymentAll FDG payments⁠
One bar per payment. 1 payment from 2020 to 2026 YTD. Dec 17, 2020 $0.0078. Use the arrow keys to read each point.$0$0.25202020232026YTD
GUSEIrregular · 1 paymentAll GUSE payments⁠
One bar per payment. 1 payment from 2020 to 2026 YTD. Dec 23, 2025 $0.30. Use the arrow keys to read each point.$0$0.25202020232026YTD

FDG vs GUSE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FDG 20.3%GUSE No data
Return per unit of riskSharpe ratio, 3 years
FDG 1.06GUSE No data
Worst fallMax drawdown, 5 years
FDG −43.6%GUSE No data
Market sensitivityBeta, 5 years
FDG 1.30GUSE 0.94

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