FDG vs. SPYG
Compare and contrast key facts about American Century Focused Dynamic Growth ETF (FDG) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
FDG and SPYG 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 Investments. It was launched on Mar 31, 2020. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDG or SPYG.
Key characteristics
| FDG | SPYG | |
|---|---|---|
| YTD Return | 12.12% | 10.09% |
| 1Y Return | 38.47% | 29.78% |
| 3Y Return (Ann) | -0.06% | 6.71% |
| Sharpe Ratio | 2.42 | 2.31 |
| Daily Std Dev | 17.06% | 13.85% |
| Max Drawdown | -43.69% | -67.79% |
| Current Drawdown | -10.50% | -3.00% |
Correlation
The correlation between FDG and SPYG is 0.91, 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. SPYG - Performance Comparison
In the year-to-date period, FDG achieves a 12.12% return, which is significantly higher than SPYG's 10.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDG vs. SPYG - Expense Ratio Comparison
FDG has a 0.45% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
FDG vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Focused Dynamic Growth ETF (FDG) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
Dividends
FDG vs. SPYG - Dividend Comparison
FDG has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.95%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDG American Century Focused Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.95% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
FDG vs. SPYG - Drawdown Comparison
The maximum FDG drawdown since its inception was -43.69%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for FDG and SPYG. For additional features, visit the drawdowns tool.
Volatility
FDG vs. SPYG - Volatility Comparison
American Century Focused Dynamic Growth ETF (FDG) has a higher volatility of 5.97% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 5.32%. This indicates that FDG's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.