Alger Mid Cap 40 ETF (FRTY)
21.71
-0.70
(-3.13%)
USD |
NYSEARCA |
May 15, 16:00
21.78
+0.07
(+0.33%)
Pre-Market: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.60% | 0.06% | 132.06M | 32147.77 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0.07% | 390.0% | 29.09M |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation.The Fund invests at least 80% of its net assets in equity securities of mid-cap companies. As a focus fund, the Fund intends to invest a substantial portion of its assets in a smaller number of issuers. Generally the Fund will own approximately 40 holdings. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Mid Cap Growth |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US Sm&Mid Cap |
| Peer Group | Mid-Cap Growth Funds |
| Global Macro | Equity North America |
| US Macro | Mid-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Mid-Cap Funds |
| Fund Owner Firm Name | Alger |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 18, 2026.
Asset Allocation
As of April 30, 2026.
| Type | % Net |
|---|---|
| Cash | 3.79% |
| Stock | 90.05% |
| Bond | 5.99% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.16% |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation.The Fund invests at least 80% of its net assets in equity securities of mid-cap companies. As a focus fund, the Fund intends to invest a substantial portion of its assets in a smaller number of issuers. Generally the Fund will own approximately 40 holdings. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Mid Cap Growth |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US Sm&Mid Cap |
| Peer Group | Mid-Cap Growth Funds |
| Global Macro | Equity North America |
| US Macro | Mid-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Mid-Cap Funds |
| Fund Owner Firm Name | Alger |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |