Research > ETFs > ETF / ETP Commentary > 

Active Growth ETF FDG is Outperforming More Each Month YTD

  • Related Symbols
  • FDG
Investors and advisors look for a few important factors when assessing an investment strategy. While fees and style box classifications are important considerations, few factors carry as much weight as pure performance. Especially in an uncertain market environment like 2026, a strategy that offers steady, rising returns is particularly appealing. The active growth ETF, FDG, serves as a prime example, with its continuous outperformance building towards a mid-year crescendo.Key Takeaways: 2026 has plenty of volatility, but investors still want portfolios that can grow and even accelerate. As an active growth ETF, FDG fits this role, providing the consistent, upward trajectory that investors are currently seeking. Its adaptability and remit to look at firms like RKLB suggest that the momentum will continue through the year. The American Century Focused Dynamic Growth ETF (FDG C+) launched in 2020. Since then, it has regularly outperformed the ETF Database Large Cap Growth Equities category average. Since the start of 2026, the fund has particularly stood out with its growing returns. While the overall return is 7.6% on a YTD basis, that number climbed to 12.76% over the last three months and 14.6% in the last month. Additionally, FDG has consistently outperformed its category average throughout this time. So what exactly is the strategy driving this performance? The fund invests in large- and mid-cap U.S. firms that combine growth potential and strong profits. That broad remit does empower its managers to target both the big names already driving portfolio growth as well as potential standouts. While the fund reports its holdings on a delay, ETF Database data indicates that portfolio features big names like Nvidia (NVDA) and other notable high-growth firms such as Rocket Labs (RKLB). Last week, Rocket Labs celebrated its best day on record after posting strong earnings and a record-setting launch deal with the Department of Defense. The stock exemplifies the type of company FDG targets: firms with proven track records that still possess significant growth runways. Digging a little digger, one can see that FDG has displayed strong performances over an even longer period. Since launch, FDG has returned 255%, outpacing the 214% return provided by the S&P 500 Total Return index, according to YCharts data.  See more: American Century’s Greenblath on Bond Outlook Furthermore, the fund’s tech chart is showing quite a bit of healthy momentum. The strategy’s price has risen above its 50 and 200-day Simple Moving Averages (SMA), a traditional momentum indicator. Together, the active growth ETF could make a strong core plus offering for investors to consider. With 2026 offering a lot of questions, FDG seems it may have answers. For more news, information, and analysis, visit the Core Strategies Content Hub.

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.