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INVN vs FRTY

Alger Russell Innovation ETF vs Alger Mid Cap 40 ETF

INVN

Alger Russell Innovation ETF

Alger

Annual cost

0.55%

Fund size

$11M

FRTY

Alger Mid Cap 40 ETF

Alger

Annual cost

0.60%

Fund size

$131M

Key differences

  • FRTY is significantly larger than INVN — larger funds tend to be more liquid and less likely to close.
  • INVN follows a index tracking strategy; FRTY uses active selection.

Side-by-side comparison

INVNFRTY
Annual cost (TER)0.55%0.60%
Fund size (AUM)$11M$131M
Since20252021
Dividend yield0.00%0.20%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+13.2%+27.7%
CAGR 3YN/A+22.4%
CAGR 5YN/A+4.5%
Sharpe 3YN/A0.77
Volatility 1Y20.34%25.62%
Max drawdown-26.01%-53.14%

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

Similar to INVN and FRTY