Key stats
Fund info
Home page
Inception date
Feb 26, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fred Alger Management LLC
Distributor
Fred Alger & Co., Inc.
ISIN
US0155641071
CUSIP
015564107
FIGI
BBG00ZDR60C8
Identifiers
ISIN US0155641071
FRTY holds approximately 40 companies in its portfolio selected from the Russell Midcap Growth Index or the S&P Midcap 400 Index based on the advisers highest conviction in the space. The fund focuses on the constituents growth characteristics and experiences regarding Positive Dynamic Change which, based on the fund advisers proprietary methodology, entails High Unit Volume Growth or Positive Lifecycle Change. They look for companies that are perceived to be able to save time, life, money, or make life easier. The fund initially launched using a semi-transparent structure. In December 2024, the fund fully embraced the true ETF structure by providing transparency to the portfolio holdings.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Technology Services
Electronic Technology
Stocks95.13%
Health Technology33.15%
Technology Services29.43%
Electronic Technology17.11%
Finance4.20%
Producer Manufacturing3.15%
Health Services2.83%
Consumer Services2.14%
Commercial Services1.62%
Transportation1.50%
Bonds, Cash & Other4.87%
Cash3.88%
Miscellaneous0.98%
Breakdown by region
North America96.15%
Middle East2.87%
Europe0.98%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
Here's FRTY key holdings breakdown:
– What's in the fund: stocks, cash
– Sector exposure: Largest sectors include Health Technology (33.15%) and Technology Services (29.43%)
– Geography: Primarily focused on the North America region
Remember before investing:
– Sector weights can change over time with market movements
– Performance is heavily influenced by top sectors and largest holdings
How to use it:
– Compare with other ETFs for diversification
– Explore full holdings and weights in the Holdings section
– Add more data to your research with our ETF screener
– What's in the fund: stocks, cash
– Sector exposure: Largest sectors include Health Technology (33.15%) and Technology Services (29.43%)
– Geography: Primarily focused on the North America region
Remember before investing:
– Sector weights can change over time with market movements
– Performance is heavily influenced by top sectors and largest holdings
How to use it:
– Compare with other ETFs for diversification
– Explore full holdings and weights in the Holdings section
– Add more data to your research with our ETF screener
FRTY last dividend was 0.04 USD, compared to 0.02 USD the year before.
What it means:
– Trends rule: Compare multiple recent payments to spot growth or decline
– Variable payouts: Dividends can change depending on earnings of underlying companies
– Seasonality: Payments may vary by year, not always increase steadily
How to use it:
– Compare dividend yield and growth with similar dividend ETFs
– Use the Dividend Calendar to monitor upcoming payments
What it means:
– Trends rule: Compare multiple recent payments to spot growth or decline
– Variable payouts: Dividends can change depending on earnings of underlying companies
– Seasonality: Payments may vary by year, not always increase steadily
How to use it:
– Compare dividend yield and growth with similar dividend ETFs
– Use the Dividend Calendar to monitor upcoming payments
FRTY fund flows account for 14.87 M USD, showing the net amount of money entering or leaving the fund over 1 year. Many traders use it to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Other key metrics:
– FRTY AUM — 128.40 M USD
– FRTY discount/premium to NAV — −0.21%
– FRTY expense ratio — 0.60%
For broader market analysis, read the latest market news and read the ETF trading ideas.
Other key metrics:
– FRTY AUM — 128.40 M USD
– FRTY discount/premium to NAV — −0.21%
– FRTY expense ratio — 0.60%
For broader market analysis, read the latest market news and read the ETF trading ideas.
FRTY shares are issued by Alger Associates, Inc. (United States) under the brand Alger. The ETF was launched on Feb 26, 2021, and its management style is Active.
It's worth checking FRTY price change for various periods to get the full picture:
– 1 day — +0.33%
– 1 week — −10.91%
– 1 month — −14.46%
FRTY's all-time low was 11.20 USD (Oct 14, 2022), and its highest price is 25.94 USD (Oct 29, 2021).
Find more dynamics in the ETF Heatmap and on the FRTY price chart.
– 1 day — +0.33%
– 1 week — −10.91%
– 1 month — −14.46%
FRTY's all-time low was 11.20 USD (Oct 14, 2022), and its highest price is 25.94 USD (Oct 29, 2021).
Find more dynamics in the ETF Heatmap and on the FRTY price chart.
FRTY top holdings are its largest positions, such as Liberty Media Corporation Series C and Repligen Corporation, accounting for 5.81% and 5.04% of the portfolio respectively.
Other top holdings include:
– Synopsys, Inc. — 4.75%
– Twist Bioscience Corp. — 4.16%
– HEICO Corporation Class A — 3.99%
What it means:
– Performance drivers: Largest holdings can have the biggest impact on returns
– Concentration: Higher weights in a few assets may increase risk
– Dynamic composition: Weights change over time with market movements and rebalancing
How to use it:
– Review top holdings to understand what drives the fund
– Assess diversification and sector exposure
– Compare with other diversified ETFs before investing
Other top holdings include:
– Synopsys, Inc. — 4.75%
– Twist Bioscience Corp. — 4.16%
– HEICO Corporation Class A — 3.99%
What it means:
– Performance drivers: Largest holdings can have the biggest impact on returns
– Concentration: Higher weights in a few assets may increase risk
– Dynamic composition: Weights change over time with market movements and rebalancing
How to use it:
– Review top holdings to understand what drives the fund
– Assess diversification and sector exposure
– Compare with other diversified ETFs before investing
FRTY assets under management (AUM) is 128.40 M USD. It represents the total market value of all assets held by the fund.
Other key metrics:
– FRTY NAV — 20.22 USD
– FRTY expense ratio — 0.60%
– FRTY premium/discount to NAV — −0.21%
Explore more funds in our list of largest ETFs. For deeper analysis, check the ETF Screener.
Other key metrics:
– FRTY NAV — 20.22 USD
– FRTY expense ratio — 0.60%
– FRTY premium/discount to NAV — −0.21%
Explore more funds in our list of largest ETFs. For deeper analysis, check the ETF Screener.
Yes, FRTY pays dividends to its holders with the dividend yield of 0.19%. The last dividend (Dec 31, 2025) amounted to 0.04 USD. The dividends are paid annually.
Alger Mid Cap 40 ETF expense ratio is 0.60%. It represents the annual cost of managing the fund, expressed as a percentage of its assets.
Other key metrics:
– FRTY AUM — 128.40 M USD
– FRTY NAV — 20.22 USD
– FRTY discount/premium to NAV — −0.21%
Explore more ETFs with highest expense ratio and find even more stats in the ETF Screener.
Other key metrics:
– FRTY AUM — 128.40 M USD
– FRTY NAV — 20.22 USD
– FRTY discount/premium to NAV — −0.21%
Explore more ETFs with highest expense ratio and find even more stats in the ETF Screener.
FRTY invests in stocks.
FRTY trades at a discount (0.21%) meaning the ETF is trading at a lower price than the calculated NAV.