Correlation
The correlation between AOTG and FDG is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
AOTG vs. FDG
Compare and contrast key facts about AOT Growth and Innovation ETF (AOTG) and American Century Focused Dynamic Growth ETF (FDG).
AOTG and FDG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AOTG is an actively managed fund by AOT. It was launched on Jun 28, 2022. FDG is an actively managed fund by American Century Investments. It was launched on Mar 31, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AOTG or FDG.
Performance
AOTG vs. FDG - Performance Comparison
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Key characteristics
AOTG:
0.68
FDG:
0.78
AOTG:
1.08
FDG:
1.30
AOTG:
1.15
FDG:
1.17
AOTG:
0.74
FDG:
0.88
AOTG:
2.43
FDG:
2.72
AOTG:
8.32%
FDG:
8.47%
AOTG:
30.75%
FDG:
28.17%
AOTG:
-31.62%
FDG:
-43.69%
AOTG:
-4.22%
FDG:
-6.18%
Returns By Period
In the year-to-date period, AOTG achieves a 2.53% return, which is significantly higher than FDG's -0.67% return.
AOTG
2.53%
12.04%
-0.85%
20.79%
N/A
N/A
N/A
FDG
-0.67%
9.89%
0.50%
21.96%
21.32%
14.53%
N/A
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AOTG vs. FDG - Expense Ratio Comparison
AOTG has a 0.75% expense ratio, which is higher than FDG's 0.45% expense ratio.
Risk-Adjusted Performance
AOTG vs. FDG — Risk-Adjusted Performance Rank
AOTG
FDG
AOTG vs. FDG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AOT Growth and Innovation ETF (AOTG) and American Century Focused Dynamic Growth ETF (FDG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
AOTG vs. FDG - Dividend Comparison
Neither AOTG nor FDG has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
---|---|---|---|---|---|---|
AOTG AOT Growth and Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDG American Century Focused Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
Drawdowns
AOTG vs. FDG - Drawdown Comparison
The maximum AOTG drawdown since its inception was -31.62%, smaller than the maximum FDG drawdown of -43.69%. Use the drawdown chart below to compare losses from any high point for AOTG and FDG.
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Volatility
AOTG vs. FDG - Volatility Comparison
AOT Growth and Innovation ETF (AOTG) has a higher volatility of 6.53% compared to American Century Focused Dynamic Growth ETF (FDG) at 6.02%. This indicates that AOTG's price experiences larger fluctuations and is considered to be riskier than FDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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