American Century Focused Large Cap Value ETF (FLV) Performance
FLV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.8% since Dec 31, 2025
- 1 year
- +20.5% total return
- 5 years
- +10.4% a year
- Since first price
- +16.0% a year since 2020
FLV trailing returns vs SPY, QQQ, AGG
| Period | FLV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.3% | +4.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.6% | +5.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.3% | +10.3% | +7.8% | +8.4% | −1.5% |
| YTD | +16.8% | +15.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.5% | +18.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +67.3%+18.7%/yr | +57.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +64.3%+10.4%/yr | +41.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionApr 2, 2020 | +164.1%+16.0%/yr | +121.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FLV vs SPY
From Apr 2, 2020: FLV grew to $26,414, SPY to $32,996.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FLV returns by calendar year
5 of 5 full years positive. Best 2021 (+17.3%), worst 2022 (+0.9%). 2026 is year to date.
FLV annual returns table
| Year | FLV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.8% | −7.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.8% | −11.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.5% | −7.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +6.2% | −9.6% | +26.2% | +54.9% | +5.7% |
| 2022 | +0.9% | −15.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +17.3% | −6.1% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FLV largest drawdowns
Now 0.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 20, 2022 | −15.1% | Sep 30, 2022 | Jan 13, 2023 | 5 months | 9 months |
| Nov 29, 2024 | −12.4% | Apr 8, 2025 | Jul 2, 2025 | 4 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FLV risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +15.3% | +10.1% | +13.1% |
| Volatility (annualized) | 11.9% | 13.5% | 13.6% |
| Sharpe ratio | 0.90 | 0.52 | 0.77 |
| Sortino ratio | 1.41 | 0.81 | 1.32 |
| Best month | +6.5% | +10.2% | +12.9% |
| Worst month | −6.6% | −6.7% | −6.7% |
| Best 12 months | +25.7% | +25.7% | +36.4% |
| Worst 12 months | +7.6% | −6.5% | −6.5% |
| Positive months | 67% | 58% | 60% |
| Beta vs S&P 500 | 0.51 | 0.61 | — |
| Correlation with S&P 500 | 0.53 | 0.71 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FLV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 67 | −6.5% | +11.5% | +36.4% | 91% |
| 3-year (a year) | 43 | +5.3% | +10.3% | +18.2% | 100% |
| 5-year (a year) | 19 | +8.8% | +10.8% | +12.6% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
FLV performance overview
American Century Focused Large Cap Value ETF (FLV) returned +20.5% over the past year and +10.4% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +16.0% a year, turning $10,000 into about $26,414. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −15.1%, from Apr 20, 2022 to Sep 30, 2022, and it took 3 months to get back to the old high. FLV finished 5 of its 5 full calendar years with a gain; the best year was 2021 (+17.3%) and the worst 2022 (+0.9%). Volatility has been 13.6% a year.
Related: FLV chart, FLV holdings, FLV dividends, FLV valuation. See the FLV overview for the latest quote and fund facts.
FLV performance FAQ
What is the FLV return over the past year?
FLV returned +20.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 18.4%.
What is the average annual return of FLV?
FLV has returned +10.4% a year over 5 years, +16.0% a year since April 2, 2020 (total return, distributions reinvested).
How much would $10,000 invested in FLV be worth?
$10,000 invested in FLV at its first recorded close on April 2, 2020 would be worth about $26,414 on October 23, 2026 with distributions reinvested.
What was the worst year for FLV?
The worst calendar year was 2022, with a total return of +0.9%. The best was 2021 at +17.3%.
What is the biggest drawdown of FLV?
The largest peak-to-trough decline was −15.1% between April 20, 2022 and September 30, 2022. It recovered to the old high on January 13, 2023, 3 months after the bottom.
How volatile is FLV?
Over the past 3 years FLV had an annualized volatility of 11.9% and a Sharpe ratio of 0.90 (excess return over 1–3 month T-bills per unit of risk).