Skip to Content

American Century Multisector Floating Income ETF

FUSI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 14 2023
Expense Ratio
0.27%
Type
US Bonds
Fund Owner
American Century Investments
Volume (1m avg. daily)
$62,390
AUM
$20,238,400
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
US TREASURY FRN 10/23 VAR
14.82%
n/a
US TREASURY N/B 01/24 2.25
14.17%
n/a
SSC GOVERNMENT MM GVMXX
1.93%
n/a
BX TRUST BX 2018 GW A 144A
1.47%
n/a
LOANCORE 2022 CRE7 ISSUER LTD. LNCR 2022 CRE7 A 144A
1.46%
n/a
FREDDIE MAC STACR STACR 2023 HQA2 M1A 144A
1.35%
n/a
Barings 2015-I Collateralized Loan Obligations 2018-20.01.31 Secured Class A-R -144A- Floating Rate
1.32%
n/a
MF1 MULTIFAMILY HOUSING MORTGA MF1 2021 FL7 A 144A
1.26%
n/a
FREDDIE MAC STACR STACR 2023 DNA1 M1A 144A
1.25%
n/a
BARINGS PRIVATE CREDIT CLO BPCC 2023 1A A1 144A
1.24%
Invest with FUSI

What is FUSI?

FUSI seeks income and as a secondary objective, long-term capital appreciation. The actively managed fund intends to generate attractive yield by investing across several investment grade floating rate security types, such as collateralized loan obligations (CLOs), commercial mortgages, residential mortgages, corporate credit and other similarly structured investments. It may also invest up to 35% of its portfolio in below investment grade securities, including bank loans and other related floating rate debt. The target duration of the fund will be less than one year.

ETFs related toFUSI

ETFs correlated to FUSI include TSLR, AMZY, FLBL

FUSI
American Century ETF Trust - American Century Multisector Floating Income ETF
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
AMZY
Tidal Trust II - YieldMax AMZN Option Income Strategy ETF
FLBL
Franklin Templeton ETF Trust - Franklin Senior Loan ETF
JBBB
Janus Detroit Street Trust - Janus Henderson B-BBB CLO ETF
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
FVC
First Trust Exchange-Traded Fund III - First Trust Dorsey Wright Dynamic Focus 5 ETF
DUST
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bear -2X Shares
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
OPER
ETF Series Solutions Trust - ClearShares Ultra-Short Maturity ETF
GDXD
Bank of Montreal - MicroSectors Gold Miners -3X Inverse Leveraged ETNs

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFUSI

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FUSI using Composer

FAQ

FUSI is a US Bonds ETF. FUSI seeks income and as a secondary objective, long-term capital appreciation. The actively managed fund intends to generate attractive yield by investing across several investment grade floating rate security types, such as collateralized loan obligations (CLOs), commercial mortgages, residential mortgages, corporate credit and other similarly structured investments. It may also invest up to 35% of its portfolio in below investment grade securities, including bank loans and other related floating rate debt. The target duration of the fund will be less than one year.

Yes, FUSI is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FUSI is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FUSI is 0.0068%. This is the percent change in the value of FUSI over the most recent 1-month period. The 3-month return on FUSI is 0.0205%. This is the percent change in the value of FUSI over the most recent 3-month period.

ETFs similar to FUSI include GVI, BLV, and BSV.

ETFs correlated to FUSI include TSLR, AMZY, and FLBL.

ETFs that are inversely correlated to FUSI include RING, SMB, and GDXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.