FDG vs JUSA

FDGCAmerican Century Focused Dynamic Growth ETF

JUSAAJPMorgan U.S. Research Enhanced Large Cap 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.

JUSA Active stock picking in index clothing: J.P. Morgan analysts tilt roughly 300 large caps while sector weights and risk stay close to the S&P 500, for 0.18% a year with no waiver attached.

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.

JUSA The fund seeks capital appreciation through active, fundamental, bottom-up selection of large-cap U.S. equities. It targets companies with strong long-term earnings potential and attractive valuations relative to peers.

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.

• JUSA 0.18% a year with no waiver propping it up, below its category median. GUSE charges 0.30% and LRGC 0.39% for similar enhanced-index work; FELG ties it at 0.18%.
• Active where it counts, plain where it doesn't: bottom-up stock picks across roughly 300 large caps, with sector mix and risk profile kept close to the S&P 500.jpmorgan.com
• Stands among the strongest implementations in a 90-fund peer group of active large-cap funds, helped by a low fee and tightly managed risk.

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%).

• JUSA Launched in March 2025, so there is only a short live record on this ticker to judge.
• Moderately traded rather than a volume monster, so spreads can run wider than the giant index funds', especially in fast markets.
• Tracking the S&P 500's sector weights limits how far results can stray from the benchmark in either direction. This is a nudge on the index, not a different bet.jpmorgan.com

Full FDG profile⁠

Full JUSA profile⁠