FDG vs. BDVL

Last updated Apr 1, 2026

Compare and contrast key facts about American Century Focused Dynamic Growth ETF (FDG) and iShares Disciplined Volatility Equity Active ETF (BDVL).

FDG and BDVL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDG is an actively managed fund by American Century. It was launched on Mar 31, 2020. BDVL is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Minimum Volatility Index. It was launched on Sep 12, 2025.

Performance

FDG vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Focused Dynamic Growth ETF (FDG) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

FDG vs. BDVL - Yearly Performance Comparison

	2026 (YTD)	2025
FDG American Century Focused Dynamic Growth ETF	-10.09%	5.27%
BDVL iShares Disciplined Volatility Equity Active ETF	-0.63%	1.97%

Returns By Period

In the year-to-date period, FDG achieves a -10.09% return, which is significantly lower than BDVL's -0.63% return.

FDG

• 1D: 4.35%
• 1M: -4.42%
• YTD: -10.09%
• 6M: -5.30%
• 1Y: 25.52%
• 3Y*: 24.88%
• 5Y*: 8.73%
• 10Y*: —

BDVL

• 1D: 2.08%
• 1M: -5.45%
• YTD: -0.63%
• 6M: 1.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDG vs. BDVL - Expense Ratio Comparison

FDG has a 0.45% expense ratio, which is higher than BDVL's 0.40% expense ratio.

FDG

American Century Focused Dynamic Growth ETF

BDVL

iShares Disciplined Volatility Equity Active ETF

Return for Risk

FDG vs. BDVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDG

FDG Risk / Return Rank: 64
FDG Sharpe Ratio Rank: 63
FDG Sortino Ratio Rank: 69
FDG Omega Ratio Rank: 64
FDG Calmar Ratio Rank: 65
FDG Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDG vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Focused Dynamic Growth ETF (FDG) and iShares Disciplined Volatility Equity Active ETF (BDVL). 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.

	FDG	BDVL	Difference
Sharpe ratio Return per unit of total volatility	1.08	—	—
Sortino ratio Return per unit of downside risk	1.67	—	—
Omega ratio Gain probability vs. loss probability	1.23	—	—
Calmar ratio Return relative to maximum drawdown	1.58	—	—
Martin ratio Return relative to average drawdown	5.57	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FDG	BDVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	0.27	+0.53

Correlation

The correlation between FDG and BDVL is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FDG vs. BDVL - Dividend Comparison

FDG has not paid dividends to shareholders, while BDVL's dividend yield for the trailing twelve months is around 2.81%.

	TTM	2025	2024	2023	2022	2021	2020
FDG American Century Focused Dynamic Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%
BDVL iShares Disciplined Volatility Equity Active ETF	2.81%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FDG vs. BDVL - Drawdown Comparison

The maximum FDG drawdown since its inception was -43.69%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for FDG and BDVL.

Drawdown Indicators

	FDG	BDVL	Difference
Max Drawdown Largest peak-to-trough decline	-43.69%	-7.71%	-35.98%
Max Drawdown (1Y) Largest decline over 1 year	-15.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.69%	—	—
Current Drawdown Current decline from peak	-12.04%	-5.45%	-6.59%
Average Drawdown Average peak-to-trough decline	-13.75%	-1.17%	-12.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.45%	—	—

Volatility

Volatility by Period

	FDG	BDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.85%	9.29%	+14.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.68%	9.29%	+15.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.05%	9.29%	+15.76%