American Century Competition
| FDG Etf | USD 114.41 0.08 0.07% |
Correlation: American Century vs IQ Candriam Summary
Very poor diversification
The correlation between American Century and IQ Candriam is 0.85, which Macroaxis classifies as Very poor diversification for the selected horizon. A 0.85 reading means American Century and IQ Candriam have substantial price overlap, limiting diversification benefit.
Moving together with American Etf
| 0.92 | VUG | Vanguard Growth Index | PairCorr |
| 0.9 | IWF | iShares Russell 1000 | PairCorr |
| 0.88 | IVW | iShares SAMPP 500 | PairCorr |
| 0.88 | SPYG | SPDR Portfolio SAMPP | PairCorr |
| 0.86 | IUSG | iShares Core SAMPP | PairCorr |
Moving against American Etf
Experienced investors tracking American Century's watch for mean reversion setups where price has deviated from its long-run average. Sentiment extremes, news events, or liquidity shocks are common catalysts for these temporary dislocations in American Century. Prices periodically overshoot their intrinsic value in both directions, creating mean reversion opportunities in American Century. The mean reversion signal is most useful when combined with fundamental confirmation for American Century's.
American Century Competition Correlation Matrix
Competition correlation for American Century ETF matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. The current classification points to the Large Growth category. In practical terms, lower correlation may offer better diversification while higher correlation may leave the portfolio more exposed to one shared driver.
High positive correlations
| High negative correlations
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American Century Constituents Risk-Adjusted Indicators
American Century ETF can look attractive on recent price action while risk efficiency lags the peer group. Reviewing American Century's risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| XOVR | 1.07 | -0.15 | 0.00 | -0.23 | 0.00 | 1.86 | 6.47 | |||
| AGOX | 0.81 | -0.13 | 0.00 | 0.86 | 0.00 | 1.55 | 5.32 | |||
| CSMD | 0.95 | 0.06 | 0.00 | -0.02 | 0.00 | 1.71 | 6.66 | |||
| PRN | 1.50 | 0.31 | 0.14 | 0.14 | 1.69 | 3.02 | 9.03 | |||
| PFUT | 0.89 | -0.03 | 0.00 | -0.10 | 0.00 | 1.52 | 5.63 | |||
| GVUS | 0.54 | -0.01 | 0.09 | 0.00 | 0.76 | 0.94 | 3.20 | |||
| SIZE | 0.65 | 0.03 | 0.00 | -0.03 | 0.00 | 1.14 | 3.88 | |||
| GDE | 1.83 | 0.08 | 0.02 | -0.01 | 3.04 | 3.23 | 12.65 | |||
| PDN | 0.74 | 0.11 | 0.09 | 0.06 | 1.19 | 1.61 | 5.21 | |||
| IQSU | 0.62 | -0.12 | 0.00 | 0.36 | 0.00 | 1.04 | 2.98 |
American Century Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
American Century Competition Peer Performance Charts
How to Analyze American Century Against Peers
American Century's peer analysis compares American Century with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether American Century trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where American Century leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
American Century trades at a lower forward P/E than peers despite similar earnings growth, which may reflect differences in perceived risk or growth durability. Peer benchmarking can improve context for valuation without relying only on standalone multiples.
For American Century ETF, this section uses fund disclosures and market reference feeds and standardizes the results for cross-period comparison. Intraday timing differences may exist.