FDG vs LRGC

FDGCAmerican Century Focused Dynamic Growth ETF

LRGCAAB US Large Cap Strategic Equities 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.

LRGC AB's stock pickers in an ETF wrapper: roughly 70 large-cap US names picked with fundamental research plus quant screens, measured against the S&P 500. Active conviction, priced under the typical active peer.

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.

LRGC The Fund seeks long-term growth of capital. It is actively managed and normally invests at least 80% of net assets in equities of large-capitalization U.S. companies.

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.

• LRGC Roughly 70 holdings against a 500-stock yardstick, with quality and value screens doing the filtering. Each name actually carries weight.
• 0.39% a year sits below the median fee in its active large-cap group, so the manager isn't digging out of a deep cost hole.
• One of the stronger implementations among the actively managed US large-cap funds we track, with a plain mandate: at least 80% of net assets in large-cap US equities.
• Launched in 2023 on one of AB's core US equity strategies, with Jane Street signed on as lead market maker from day one.prnewswire.com

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%).

• LRGC At 0.39%, it costs more than cheaper enhanced-index rivals in the same group, such as JUSA at 0.12% and GUSE at 0.30%.
• Outcomes ride on the team's judgment, not an index rulebook, and about 70 positions concentrate those calls.
• It trades lightly next to the big index names, so spreads can run wider, especially in fast markets.

Full FDG profile⁠

Full LRGC profile⁠