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Upturn AI SWOT - About
Alger Mid Cap 40 ETF (FRTY)
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Upturn Advisory Summary
08/29/2025: FRTY (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 34.17% | Avg. Invested days 60 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/29/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.13 | 52 Weeks Range 13.56 - 21.12 | Updated Date 06/29/2025 |
52 Weeks Range 13.56 - 21.12 | Updated Date 06/29/2025 |
Upturn AI SWOT
Alger Mid Cap 40 ETF
ETF Overview
Overview
The Alger Mid Cap 40 ETF (FRTY) seeks long-term capital appreciation by investing in a concentrated portfolio of approximately 40 high-conviction mid-cap growth stocks, selected using a fundamental, bottom-up research process.
Reputation and Reliability
Alger is a reputable investment firm with a long history of managing growth equity strategies.
Management Expertise
Alger's investment team has extensive experience in mid-cap growth investing, utilizing a well-defined and consistent investment process.
Investment Objective
Goal
To achieve long-term capital appreciation.
Investment Approach and Strategy
Strategy: The ETF employs an active investment strategy, selecting stocks based on fundamental research and growth potential.
Composition The ETF primarily holds common stocks of mid-capitalization companies.
Market Position
Market Share: Data not readily available.
Total Net Assets (AUM): 123669760
Competitors
Key Competitors
- IWR
- IJH
- VO
- XJH
Competitive Landscape
The mid-cap ETF market is highly competitive. FRTY differentiates itself through its concentrated portfolio of high-conviction growth stocks. Competitors offer broader diversification, which may provide lower volatility but potentially lower returns. FRTY's concentrated approach offers the potential for higher returns but also carries greater risk.
Financial Performance
Historical Performance: Historical performance data is readily available but is time-sensitive and should be consulted from financial data providers.
Benchmark Comparison: Compare the ETFu2019s performance to its benchmark index, the S&P 400.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The average trading volume for FRTY is approximately 16000, indicating reasonable liquidity.
Bid-Ask Spread
The bid-ask spread is typically around 0.10%, suggesting relatively low trading costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rates, and investor sentiment towards growth stocks significantly impact FRTY. Sector-specific growth prospects and overall market volatility are also key factors.
Growth Trajectory
FRTY's growth trajectory is tied to the performance of its holdings and the overall mid-cap growth market. Changes in investment strategy and portfolio composition can influence its performance.
Moat and Competitive Advantages
Competitive Edge
FRTY's concentrated portfolio approach is a key differentiator, allowing for potentially higher returns from its best ideas. The firm's rigorous bottom-up research process aims to identify undervalued growth companies. The fund's active management provides flexibility to adapt to changing market conditions. The relatively low number of holdings allows the fund managers to focus on each stock and it's potential growth. FRTY offers investors a unique avenue to access mid-cap growth opportunities.
Risk Analysis
Volatility
The ETFu2019s concentrated portfolio may lead to higher volatility compared to more diversified mid-cap ETFs.
Market Risk
Investments in mid-cap stocks carry inherent market risk, including economic downturns and sector-specific challenges.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking long-term capital appreciation and is comfortable with higher volatility and concentration risk.
Market Risk
FRTY is best suited for long-term investors who have a higher risk tolerance and are seeking above-average growth potential rather than passive index followers.
Summary
The Alger Mid Cap 40 ETF (FRTY) offers a concentrated exposure to high-conviction mid-cap growth stocks. It is actively managed, leveraging a fundamental, bottom-up research process. The ETFu2019s focused approach allows for potentially higher returns but also carries greater risk. FRTY is suitable for long-term investors with a higher risk tolerance who are seeking capital appreciation. The fund's unique strategy differentiates it from many other mid-cap ETFs in the market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- alger.com
- etf.com
- Morningstar
- YCharts
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market data is subject to change. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Alger Mid Cap 40 ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business within a single sector. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.