Fund Evaluator:
Alger Mid Cap 40 ETF (FRTY)
Follow This Fund
Equity
Global Asset Class
U.S. Equity
Fund Group
Mid-Cap Growth
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.60% C
Expense Ratio
$148 Mil
Assets
Open
Status
na
12b-1 Fee
0.18%
TTM Yield
0.00%
Max Load
390%
Portfolio Turnover
Best Performing in Mid-Cap Growth Over the Last Year
| 44.3% | PRIMECAP Odyssey Aggressive Growth (POAGX) |
| 21.1% | Eventide Gilead N (ETGLX) |
| 20.0% | Sit Small Cap Growth (SSMGX) |
| 19.6% | Goldman Sachs Small/Mid Cap Growth Inv (GTMTX) |
| 17.8% | ProFunds Mid Cap Growth Inv (MGPIX) |
Data as of 8/31/2026
2.6% B
1-Mo Return
-2.5% D
3-Mo Return
8.3% C
YTD Return
11.9% C
1-Yr Return
20.9% B
3-Yr Return
1.0% D
5-Yr Return
1.08 D
Category Risk Index
1.93
Total Risk Index
Fund Details
Fund Family
Alger
Inception Date
2/26/2021
Share Class Type
Equity Investment Style
Mid-Cap
Growth
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
S&P 500 (TR) (1970): 100%
Additional Fund Details
Alger Mid Cap 40 ETF Overview
FRTY Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FRTY Return (NAV) | 2.6% | -2.5% | 11.9% | 20.9% | 1.0% | na |
| FRTY Grade | B | D | C | B | D | na |
| +/- Category | 1.2% | -1.9% | 6.1% | 8.8% | -1.3% | na |
| Mid-Cap Growth Avg | 1.4% | -0.6% | 5.9% | 12.1% | 2.3% | 11.1% |
| FRTY Tax Cost Ratio | na | na | 0.1% | 0.0% | 0.5% | na |
FRTY Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FRTY Return (NAV) | 8.3% | 12.9% | 37.3% | 16.3% | -41.6% | na | na | na | na | na | na |
| FRTY Grade | C | B | A | D | D | na | na | na | na | na | na |
| +/- Category | 1.2% | 6.7% | 20.0% | -4.3% | -13.6% | na | na | na | na | na | na |
| Mid-Cap Growth Avg | 7.1% | 6.1% | 17.3% | 20.7% | -27.9% | 12.6% | 40.3% | 34.1% | -4.6% | 25.5% | 5.3% |
| Risk Measures | |
| Standard Deviation: | 23.4% |
| Total Risk Index: | 1.93 - High |
| Category Risk Index: | 1.08 - Above Average |
| Category Risk Grade: | D (79% Rank) |
| Beta: | 1.45 |
| R-Squared: | 64% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $148 Mil |
| Fund Total Assets: | $ 149 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 390% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 5.5 years | |||
| Average Tenure: 5.5 years | |||
| Managers (Year): Zhang Amy (2021) | |||
Portfolio Composition (as of 8/31/26)
| # of Holdings: | 41 |
| % in Top 10 Holdings: | 38.3% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 3.8% |
Portfolio Allocation |
|
| Domestic Stock: | 82.3% |
| Foreign Stock: | 3.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 13.9% |
Purchase Information
| Fund Family: | Alger |
| Phone Number: | 800-223-3810 |
| Website: |
| Status: | Open |
| Inception Date: | February 26, 2021 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.60% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 1.09% |
| Share Class: | Alger Mid Cap 40 ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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