FBCG Delivers On Alpha - But Only In Bull Markets

  • FBCG is an actively managed large-cap growth ETF, aiming to outperform passive peers via strategic active stock picks and agile portfolio adjustments. The fund's performance excels during momentum-driven bull markets but suffers deeper drawdowns in corrections, reflecting its higher-risk, higher-reward profile. Despite reasonable fees and consistent alpha in favorable cycles, FBCG lacks defensive agility during sustained downturns, limiting its long-term outperformance.