FDG vs. RFDA

Last updated Aug 2, 2026

FDG (American Century Focused Dynamic Growth ETF) and RFDA (RiverFront Dynamic US Dividend Advantage ETF) are both Large Cap Growth Equities funds. Both are actively managed. Over the past 5 years, FDG returned 8.96%/yr vs 12.90%/yr for RFDA. Their 0.74 correlation means they have sometimes moved together and sometimes differently. FDG charges 0.45%/yr vs 0.52%/yr for RFDA.

Performance

FDG vs. RFDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Focused Dynamic Growth ETF (FDG) and RiverFront Dynamic US Dividend Advantage ETF (RFDA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDG achieves a 0.10% return, which is significantly lower than RFDA's 14.14% return.

FDG

• 1D: 3.17%
• 1M: -3.88%
• 6M: 0.24%
• YTD: 0.10%
• 1Y: 14.28%
• 3Y*: 22.99%
• 5Y*: 8.96%
• 10Y*: —
• ALL TIME*: 21.05%

RFDA

• 1D: 0.15%
• 1M: 1.66%
• 6M: 12.44%
• YTD: 14.14%
• 1Y: 26.35%
• 3Y*: 17.71%
• 5Y*: 12.90%
• 10Y*: 13.32%
• ALL TIME*: 13.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDG American Century Focused Dynamic Growth ETF	$1.83M	$1.61M	$2.38M
RFDA RiverFront Dynamic US Dividend Advantage ETF	$102.21K	$102.34K	$118.80K

FDG vs. RFDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FDG American Century Focused Dynamic Growth ETF	0.10%	22.13%	45.89%	37.22%	-35.74%	8.52%	96.27%
RFDA RiverFront Dynamic US Dividend Advantage ETF	14.14%	16.42%	20.12%	16.98%	-8.58%	25.94%	49.72%

Correlation

The correlation between FDG and RFDA is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (3Y) Balances recent behavior with more history.	0.72
Correlation (5Y) Shows whether the relationship held over a longer period.	0.74
Correlation (All Time) Calculated using the full available price history since Apr 2, 2020	0.74

The correlation between FDG and RFDA shifts across timeframes, from 0.60 (1 year) to 0.74 (5 years), reflecting how their relationship changes across market environments.

FDG vs. RFDA - Sectors Allocation Comparison

Sectors	FDG	RFDA
Technology	39.9%	15.4%
Communication Services	24.5%	6.2%
Consumer Cyclical	16.8%	8.1%
Healthcare	9.2%	12.2%
Industrials	5.5%	9.3%
Financial Services	3.5%	18.8%
Energy	0.6%	11.1%
Utilities	0.1%	4.9%
Consumer Defensive	0.0%	7.1%
Basic Materials	-	1.8%
Real Estate	-	5.1%

Return for Risk

FDG vs. RFDA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDG

FDG Risk / Return Rank: 24
FDG Sharpe Ratio Rank: 24
FDG Sortino Ratio Rank: 24
FDG Omega Ratio Rank: 23
FDG Calmar Ratio Rank: 24
FDG Martin Ratio Rank: 26

RFDA

RFDA Risk / Return Rank: 89
RFDA Sharpe Ratio Rank: 87
RFDA Sortino Ratio Rank: 85
RFDA Omega Ratio Rank: 86
RFDA Calmar Ratio Rank: 93
RFDA Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDG vs. RFDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Focused Dynamic Growth ETF (FDG) and RiverFront Dynamic US Dividend Advantage ETF (RFDA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FDG	RFDA	Difference
Sharpe ratio: Return per unit of total volatility	0.55	2.07	-1.52
Sortino ratio: Return per unit of downside risk	0.87	2.85	-1.98
Omega ratio: Gain probability vs. loss probability	1.11	1.38	-0.27
Calmar ratio: Return relative to maximum drawdown	0.71	4.47	-3.75
Martin ratio: Return relative to average drawdown	2.06	15.99	-13.93

FDG vs. RFDA - Sharpe Ratio Comparison

The current FDG Sharpe Ratio is 0.55, which is lower than the RFDA Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FDG and RFDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDG vs. RFDA - Drawdown Comparison

The maximum FDG drawdown since its inception was -43.69%, which is greater than RFDA's maximum drawdown of -34.60%. Use the drawdown chart below to compare losses from any high point for FDG and RFDA.

Drawdown Indicators

	FDG	RFDA	Difference
Max Drawdown Largest peak-to-trough decline	-43.69%	-34.60%	-9.09%
Max Drawdown (1Y) Largest decline over 1 year	-15.71%	-5.45%	-10.26%
Max Drawdown (3Y) Largest decline over 3 years	-26.14%	-19.35%	-6.79%
Max Drawdown (5Y) Largest decline over 5 years	-43.69%	-19.35%	-24.34%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.60%	—
Current Drawdown Current decline from peak	-9.82%	-0.84%	-8.98%
Average Drawdown Average peak-to-trough decline	-13.27%	-3.70%	-9.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.45%	1.52%	+3.93%

Volatility

FDG vs. RFDA - Volatility Comparison

American Century Focused Dynamic Growth ETF (FDG) has a higher volatility of 7.67% compared to RiverFront Dynamic US Dividend Advantage ETF (RFDA) at 2.85%. This indicates that FDG's price experiences larger fluctuations and is considered to be riskier than RFDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDG	RFDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.67%	2.85%	+4.82%
Volatility (6M) Calculated over the trailing 6-month period	17.13%	8.65%	+8.48%
Volatility (1Y) Calculated over the trailing 1-year period	20.59%	11.76%	+8.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.09%	15.72%	+9.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.99%	16.84%	+8.15%

FDG vs. RFDA - Expense Ratio Comparison

FDG has a 0.45% expense ratio, which is lower than RFDA's 0.52% expense ratio.

Dividends

FDG vs. RFDA - Dividend Comparison

FDG has not paid dividends to shareholders, while RFDA's dividend yield for the trailing twelve months is around 1.77%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FDG American Century Focused Dynamic Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%
RFDA RiverFront Dynamic US Dividend Advantage ETF	1.77%	1.89%	2.23%	2.68%	3.57%	1.44%	1.62%	1.87%	2.44%	1.90%	0.98%

Frequently Asked Questions

Can I hold both FDG and RFDA in my portfolio?

FDG and RFDA have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDG or RFDA?

FDG has higher volatility (7.67%) compared to RFDA (2.85%). In terms of maximum drawdown, FDG dropped -43.69% vs RFDA's -34.60%.

Which ETF is better, FDG or RFDA?

On 5-year performance, RFDA leads with 12.90% vs 8.96% for FDG. On fees, FDG is cheaper at 0.45% per year. On volatility, RFDA has been the lower-risk option at 2.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDG or RFDA?

Over the 5-year period, RFDA has performed better with a 12.90% return vs 8.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDG or RFDA?

FDG is cheaper with a 0.45% expense ratio, compared with 0.52% for RFDA.

Which ETF pays a higher dividend yield, FDG or RFDA?

RFDA has the higher dividend yield at 1.77%, compared with 0.00% for FDG.

What is the main difference between FDG and RFDA?

They also come from different issuers: American Century and SS&C. Their fees differ too: 0.45% for FDG and 0.52% for RFDA.

Which has better risk-adjusted returns?

RFDA currently has the higher Sharpe Ratio (2.07 vs 0.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.