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CNEQ vs FRTY

Alger Concentrated Equity ETF vs Alger Mid Cap 40 ETF

CNEQ

Alger Concentrated Equity ETF

Alger

Annual cost

0.56%

Fund size

$503M

FRTY

Alger Mid Cap 40 ETF

Alger

Annual cost

0.60%

Fund size

$131M

Key differences

  • CNEQ is significantly larger than FRTY — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

CNEQFRTY
Annual cost (TER)0.56%0.60%
Fund size (AUM)$503M$131M
Since20242021
Dividend yield0.50%0.20%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+51.1%+27.7%
CAGR 3YN/A+22.4%
CAGR 5YN/A+4.5%
Sharpe 3YN/A0.77
Volatility 1Y22.53%25.62%
Max drawdown-27.58%-53.14%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CNEQ and FRTY