BTX vs FDG
BlackRock Technology and Private Equity Term Trust vs American Century Focused Dynamic Growth ETF
Which is better, BTX or FDG?
Each has led over a different period.
FDG has a lower expense ratio. BTX led over 1Y, FDG over 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BTX | FDG |
|---|---|---|
| Expense Ratio | 1.35% | 0.45%Best |
| AUM | $937M | $401M |
| Dividend Yield | 6.86% | 0.00% |
| Holdings | 89 | 44 |
| YTD Return | +27.86%Best | -2.93% |
| 1Y Return | +23.97%Best | -2.82% |
| 3Y Return (annualized) | +17.39% | +24.28%Best |
| 5Y Return (annualized) | -5.31% | +7.19%Best |
| Volatility (annualized) | 27.6% | 22.6%Best |
| Max Drawdown | -67.3% | -43.7%Best |
| $10,000 over 5 years | $7,612 | $14,150Best |
| Fund Family | BlackRock, Inc. (US) | American Century ETFs |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Mid Cap Growth |
| Inception | Mar 26, 2021 | Mar 31, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 26, 2021 to Nov 11, 2026 (5.6 years).
BTX vs FDG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.6 years both funds cover.
BTX vs FDG Performance
BlackRock Technology and Private Equity Term Trust (BTX) is an ETF from BlackRock, Inc. (US) and American Century Focused Dynamic Growth ETF (FDG) is an ETF from American Century ETFs. Over the past year BTX returned +23.97% while FDG returned -2.82%. Year to date, BTX is up 27.86% versus a loss of 2.93% for FDG.
Over three years, BTX compounded at +17.39% per year against +24.28% for FDG; over five years the annualized figures are -5.31% and +7.19% respectively. Across the full 6-year window we track, FDG has the edge at +9.72% annualized vs -6.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BTX has been the more volatile fund, with annualized monthly volatility of 27.6% compared with 22.6% for FDG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -67.3% for BTX and -43.7% for FDG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BTX charges 1.35% per year while FDG charges 0.45%. On a $10,000 position that is $135 vs $45 annually, a gap of $90 per year that compounds over a long holding period. On income, BTX currently yields 6.86% against 0.00% for FDG.
Holdings Overlap
At least 29.7% of FDG's money is in holdings BTX also owns.
Stated as a floor: for BTX, our book for it covers 71.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
FDG and BTX share little of their money.
The two holdings books were reported 92 days apart, BTX as of Jun 30, 2026 and FDG as of Sep 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
6 positions in common, counted across the 54 positions we hold weights for in BTX and 43 in FDG, against full books of 89 and 44.
29.7% of FDG is already inside BTX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BTX or FDG?
BTX has an expense ratio of 1.35% while FDG charges 0.45%. FDG is the cheaper option, by $90 a year on a $10,000 investment.
Which performed better, BTX or FDG?
Over the past year BTX returned +23.97% vs -2.82% for FDG, so BTX leads on 1-year performance. Over the longest common window we track (6 years), BTX annualized -6.16% vs +9.72% for FDG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BTX or FDG?
BTX has been the more volatile fund at 27.6% annualized versus 22.6% for FDG. Worst drawdown: BTX -67.3% vs FDG -43.7%.
Should I hold both BTX and FDG?
BTX and FDG have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BTX and FDG?
At least 29.7% of FDG's money is in holdings BTX also owns. Our book for BTX is partial, so the real figure is this or higher. They hold 6 positions in common, counted across the 54 positions we hold weights for in BTX and 43 in FDG.
Which pays a higher dividend, BTX or FDG?
BTX yields 6.86% while FDG yields 0.00%, so BTX currently pays the higher dividend yield.
Is FDG better than BTX?
FDG has a lower expense ratio. BTX led over 1Y, FDG over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.