American Century Etf Profile
| FLV Etf | USD 63.64 0.53 0.84% |
Performance8 of 100
| Odds Of DistressLess than 9
|
American Century is selling for under 63.64 as of the 23rd of April 2024; that is 0.84 percent increase since the beginning of the trading day. The etf's lowest day price was 63.24. American Century has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for American Century ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Under normal market conditions, the portfolio managers will invest at least 80 percent of the funds assets in securities of large capitalization companies. American Century is traded on BATS Exchange in the United States. More on American Century ETF
Moving together with American Etf
| 0.93 | VTV | Vanguard Value Index | PairCorr |
| 0.94 | VYM | Vanguard High Dividend | PairCorr |
| 0.96 | IWD | iShares Russell 1000 | PairCorr |
| 0.95 | DGRO | iShares Core Dividend | PairCorr |
| 0.97 | IVE | iShares SP 500 | PairCorr |
| 0.96 | DVY | iShares Select Dividend | PairCorr |
| 0.97 | SPYV | SPDR Portfolio SP | PairCorr |
Moving against American Etf
| 0.64 | HUM | Humana Inc Earnings Call Tomorrow | PairCorr |
| 0.63 | FNGD | MicroSectors FANG Index Downward Rally | PairCorr |
American Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. American Century's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding American Century or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Large Value, American Century Investments (View all Sectors) |
| Issuer | American Century Investments |
| Inception Date | 2020-03-31 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | American Century Services, LLC |
| Advisor | American Century Investment Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Keith Lee, Michael Li, Henry He, Prabha Ram, Rene Casis |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Citadel |
| Total Expense | 0.42 |
| Management Fee | 0.42 |
| Country Name | USA |
| Returns Y T D | 3.86 |
| Name | American Century ETF Trust |
| Currency Code | USD |
| In Threey Volatility | 13.99 |
| 1y Volatility | 12.47 |
| 200 Day M A | 60.2249 |
| 50 Day M A | 63.1849 |
| Code | FLV |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.41 |
| Type | ETF |
American Century ETF [FLV] is traded in USA and was established 2020-03-31. The fund is classified under Large Value category within American Century Investments family. The entity is thematically classified as Large Cap ETFs. American Century ETF currently have 200.05 M in assets under management (AUM). , while the total return for the last 3 years was 6.0%.
Check American Century Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Century ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top American Century ETF Etf Constituents
| MDT | Medtronic PLC | Stock | Health Care |
| ZBH | Zimmer Biomet Holdings | Stock | Health Care |
| VZ | Verizon Communications | Stock | Communication Services |
| TXN | Texas Instruments Incorporated | Stock | Information Technology |
| RSG | Republic Services | Stock | Industrials |
| PNW | Pinnacle West Capital | Stock | Utilities |
| PG | Procter Gamble | Stock | Consumer Staples |
American Century Target Price Odds Analysis
Depending on a normal probability distribution, the odds of American Century jumping above the current price in 90 days from now is about 17.06%. The American Century ETF probability density function shows the probability of American Century etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon American Century has a beta of 0.7952. This usually indicates as returns on the market go up, American Century average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding American Century ETF will be expected to be much smaller as well. Additionally, american Century ETF has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of American Century to move above the current price in 90 days from now is about 17.06 (This American Century ETF probability density function shows the probability of American Etf to fall within a particular range of prices over 90 days) .
American Century Top Holders
| AACGX | Strategic Allocation Servative | Mutual Fund | Allocation--30% to 50% Equity |
| AAAUX | Strategic Allocation Aggressive | Mutual Fund | Allocation--70% to 85% Equity |
| AAARX | Strategic Allocation Aggressive | Mutual Fund | Allocation--70% to 85% Equity |
| AACCX | Strategic Allocation Servative | Mutual Fund | Allocation--30% to 50% Equity |
| ASMUX | Strategic Allocation Moderate | Mutual Fund | Allocation--50% to 70% Equity |
| AACRX | Strategic Allocation Servative | Mutual Fund | Allocation--30% to 50% Equity |
| ASAUX | Strategic Allocation Aggressive | Mutual Fund | Allocation--70% to 85% Equity |
American Century ETF Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. American Century market risk premium is the additional return an investor will receive from holding American Century long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Century. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although American Century's alpha and beta are two of the key measurements used to evaluate American Century's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0603 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) |
American Century Against Markets
Picking the right benchmark for American Century etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in American Century etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for American Century is critical whether you are bullish or bearish towards American Century ETF at a given time. Please also check how American Century's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in American Century without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy American Etf?
Before investing in American Century, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in American Century. To buy American Century etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of American Century. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase American Century etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located American Century ETF etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased American Century ETF etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as American Century ETF, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy American Etf please use our How to Invest in American Century guide.
Already Invested in American Century ETF?
The danger of trading American Century ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American Century is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American Century. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American Century ETF is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether American Century ETF is a strong investment it is important to analyze American Century's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Century's future performance. For an informed investment choice regarding American Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in American Century ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of American Century ETF is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Century's market value can be influenced by many factors that don't directly affect American Century's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.