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FDG vs. FTEC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDG and FTEC is 0.86, 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.


Performance

FDG vs. FTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Focused Dynamic Growth ETF (FDG) and Fidelity MSCI Information Technology Index ETF (FTEC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FDG:

0.80

FTEC:

0.40

Sortino Ratio

FDG:

1.31

FTEC:

0.82

Omega Ratio

FDG:

1.18

FTEC:

1.11

Calmar Ratio

FDG:

0.89

FTEC:

0.50

Martin Ratio

FDG:

2.76

FTEC:

1.62

Ulcer Index

FDG:

8.42%

FTEC:

8.40%

Daily Std Dev

FDG:

28.05%

FTEC:

30.43%

Max Drawdown

FDG:

-43.69%

FTEC:

-34.95%

Current Drawdown

FDG:

-7.26%

FTEC:

-6.98%

Returns By Period

In the year-to-date period, FDG achieves a -1.81% return, which is significantly higher than FTEC's -3.12% return.


FDG

YTD

-1.81%

1M

21.35%

6M

0.00%

1Y

22.25%

3Y*

23.46%

5Y*

14.68%

10Y*

N/A

FTEC

YTD

-3.12%

1M

22.28%

6M

-1.61%

1Y

12.04%

3Y*

22.35%

5Y*

19.63%

10Y*

19.39%

*Annualized

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FDG vs. FTEC - Expense Ratio Comparison

FDG has a 0.45% expense ratio, which is higher than FTEC's 0.08% expense ratio.


Risk-Adjusted Performance

FDG vs. FTEC — Risk-Adjusted Performance Rank

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

FDG
The Risk-Adjusted Performance Rank of FDG is 7474
Overall Rank
The Sharpe Ratio Rank of FDG is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of FDG is 7777
Sortino Ratio Rank
The Omega Ratio Rank of FDG is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FDG is 7878
Calmar Ratio Rank
The Martin Ratio Rank of FDG is 6969
Martin Ratio Rank

FTEC
The Risk-Adjusted Performance Rank of FTEC is 4848
Overall Rank
The Sharpe Ratio Rank of FTEC is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of FTEC is 4949
Sortino Ratio Rank
The Omega Ratio Rank of FTEC is 4848
Omega Ratio Rank
The Calmar Ratio Rank of FTEC is 5454
Calmar Ratio Rank
The Martin Ratio Rank of FTEC is 4747
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FDG vs. FTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Focused Dynamic Growth ETF (FDG) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.


The current FDG Sharpe Ratio is 0.80, which is higher than the FTEC Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of FDG and FTEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FDG vs. FTEC - Dividend Comparison

FDG has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.50%.


TTM20242023202220212020201920182017201620152014
FDG
American Century Focused Dynamic Growth ETF
0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%
FTEC
Fidelity MSCI Information Technology Index ETF
0.50%0.49%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%

Drawdowns

FDG vs. FTEC - Drawdown Comparison

The maximum FDG drawdown since its inception was -43.69%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FDG and FTEC. For additional features, visit the drawdowns tool.


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Volatility

FDG vs. FTEC - Volatility Comparison

The current volatility for American Century Focused Dynamic Growth ETF (FDG) is 6.57%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.23%. This indicates that FDG experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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