RZG vs. FDG
Compare and contrast key facts about Invesco S&P SmallCap 600® Pure Growth ETF (RZG) and American Century Focused Dynamic Growth ETF (FDG).
RZG and FDG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RZG is a passively managed fund by Invesco that tracks the performance of the S&P Small Cap 600 Pure Growth. It was launched on Mar 1, 2006. 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: RZG or FDG.
Key characteristics
| RZG | FDG | |
|---|---|---|
| YTD Return | 5.03% | 14.88% |
| 1Y Return | 26.61% | 39.05% |
| 3Y Return (Ann) | -1.33% | 3.35% |
| Sharpe Ratio | 1.42 | 2.30 |
| Daily Std Dev | 17.97% | 17.14% |
| Max Drawdown | -58.52% | -43.69% |
| Current Drawdown | -16.39% | -8.30% |
Correlation
The correlation between RZG and FDG is 0.72, 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
RZG vs. FDG - Performance Comparison
In the year-to-date period, RZG achieves a 5.03% return, which is significantly lower than FDG's 14.88% 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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RZG vs. FDG - Expense Ratio Comparison
RZG has a 0.35% expense ratio, which is lower than FDG's 0.45% expense ratio.
Risk-Adjusted Performance
RZG vs. FDG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap 600® Pure Growth ETF (RZG) 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.
Dividends
RZG vs. FDG - Dividend Comparison
RZG's dividend yield for the trailing twelve months is around 1.28%, while FDG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RZG Invesco S&P SmallCap 600® Pure Growth ETF | 1.28% | 1.43% | 1.59% | 0.22% | 0.49% | 0.70% | 0.45% | 0.44% | 0.65% | 0.70% | 0.36% | 0.34% |
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% |
Drawdowns
RZG vs. FDG - Drawdown Comparison
The maximum RZG drawdown since its inception was -58.52%, which is greater than FDG's maximum drawdown of -43.69%. Use the drawdown chart below to compare losses from any high point for RZG and FDG. For additional features, visit the drawdowns tool.
Volatility
RZG vs. FDG - Volatility Comparison
The current volatility for Invesco S&P SmallCap 600® Pure Growth ETF (RZG) is 4.93%, while American Century Focused Dynamic Growth ETF (FDG) has a volatility of 6.38%. This indicates that RZG experiences smaller price fluctuations and is considered to be less risky than FDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.