American Century ETF Trust (AVLC)

Overview

American Century ETF Trust offers a suite of actively managed and strategic beta ETFs, targeting various sectors and asset classes with the goal of outperforming traditional benchmarks through disciplined investment strategies.

Reputation and Reliability

American Century Investments has a strong reputation and long track record, demonstrating stability and commitment to client success.

Management Expertise

The management team consists of experienced professionals with expertise in quantitative analysis, portfolio management, and risk management.

Goal

To provide investors with potential for long-term capital appreciation and income through various investment strategies tailored to specific market segments.

Investment Approach and Strategy

Strategy: Actively managed ETFs seeking to outperform their respective benchmarks, strategic beta ETFs that tilt towards certain factors like value, momentum, or quality, and passive ETFs following specific indices.

Composition The ETF holdings vary widely depending on the specific fund within the American Century ETF Trust, including a mix of stocks, bonds, and other asset classes according to the fund's strategy.

Market Share: Market share varies depending on the specific ETF within the trust. Many are smaller, niche funds.

Total Net Assets (AUM): AUM varies significantly among the different ETFs within the trust.

Key Competitors

• IVV
• SPY
• QQQ
• VTI
• VOO

Competitive Landscape

The ETF industry is highly competitive, with numerous providers offering similar products. American Century ETFs distinguish themselves through active management and smart beta strategies, which offers a different approach compared to passively managed index funds. However, these strategies introduce more risk and higher expenses, potentially deterring some investors.

Historical Performance: Historical performance varies depending on the specific ETF. Track records are relatively short for newer funds.

Benchmark Comparison: Performance compared to benchmarks varies depending on the specific ETF and its investment strategy.

Expense Ratio: Expense ratios vary among the ETFs in the trust, typically ranging from 0.29% to 0.49%.

Average Trading Volume

Average trading volume differs significantly amongst individual ETFs within American Century ETF Trust, which can impact ease of buying and selling shares.

Bid-Ask Spread

Bid-ask spreads also vary by ETF, generally widening during off-peak trading hours and for less liquid funds, thus affecting transaction costs.

Market Environment Factors

Economic indicators, sector-specific trends, and overall market sentiment all influence the performance of American Century ETFs.

Growth Trajectory

The trust grows by launching innovative ETFs with specific focuses on particular sectors or investment strategies.

Competitive Edge

American Century ETFs often leverage proprietary research and quantitative models to identify investment opportunities. They focus on delivering differentiated investment strategies, such as active stock selection and factor-based investing. Their unique product offerings target specific investor needs and goals, creating a niche within the broader ETF market. Their competitive advantage lies in their ability to deliver higher risk-adjusted returns through active management, catering to investors seeking alternatives to passive index tracking. Finally, their strong research team adds credibility and differentiates them from competitors.

Volatility

Volatility varies by ETF, with actively managed funds typically exhibiting higher volatility than passively managed index funds.

Market Risk

Market risk is inherent in all investments, and the specific risks vary depending on the underlying assets held by each ETF. Sector-specific funds will be more sensitive to the performance of their particular sector.

Ideal Investor Profile

Investors seeking specific exposure to certain sectors, investment strategies, or asset classes, and who are comfortable with active management and its associated risks.

Market Risk

Suitable for investors looking for long-term growth potential and who are willing to accept moderate to high risk in exchange for potential outperformance of traditional benchmarks.

American Century ETF Trust provides various ETFs with diverse strategies targeting different sectors and investor preferences. The ETFs range from actively managed funds to strategic beta products, each seeking to outperform their benchmarks by leveraging American Centuryu2019s expertise. Investors should carefully evaluate the underlying holdings, expense ratios, and risk profiles of each ETF before investing. American Century's ETFs may appeal to those seeking differentiated investment strategies, but they require a tolerance for higher fees and the potential for increased volatility compared to passively managed funds. Performance and expenses vary among the ETFs; therefore, due diligence is necessary.

Data Sources:

• American Century Investments website
• ETF.com
• Morningstar

Disclaimers:

The data provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence before making any investment decisions. Market conditions and fund performance can change over time.