FRTYAlger Mid Cap 40 ETF

Grow my money5y track recordRanked #1,349 of 2,960 in this goal

Seeks long-term capital appreciation.

By Alger · Launched 2021

Annual Cost

0.60%

#3,108 of 5,562 · average

Fund Size

$144M

#2,601 of 5,562 · mid-size

Return (1Y)Goal

+32.3%

Track Record

5 years

#2,317 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$13,121+31.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Mid

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 41.0% of fundmoderately concentrated

Liberty Media Corp-Liberty For

5.8%

DREYFUS TRSY OBLIG CASH M

5.5%

FTAI Aviation Ltd

4.9%

HEICO Corp

3.8%

Talen Energy Corp

3.8%

Comfort Systems USA Inc

3.6%

Repligen Corp

3.5%

Biogen Inc

3.4%

MongoDB Inc

3.3%

Micron Technology Inc

3.3%

Asset allocation

Stocks

92.3%

Cash

7.7%

By sector

Technology

32.4%

Industrials

26.0%

Healthcare

20.0%

Communication

10.7%

Financial Services

5.2%

Consumer Cyclical

4.0%

Utilities

1.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

26.8%High

Year-on-year price swings

Max drawdown

-53.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.81Decent risk-adjusted returns

Sortino (3Y)

1.12Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks long-term capital appreciation.
Strategy: Invests primarily in mid-cap equity securities of companies undergoing Positive Dynamic Change, focusing on those with high growth or positive lifecycle changes. Targets companies with market capitalizations typically between $1 billion and $30 billion.
Inception date: February 26, 2021
Fund family: Alger