Morningstar

Alger Mid Cap 40 ETF FRTY

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub

Morningstar’s Analysis FRTY

Will FRTY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FRTY’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FRTY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FRTY’s parent organization’s priorities and whether they’re in line with investors’ interests.

Alger Mid Cap 40 ETF earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FRTY

More FRTY Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

10.28 4.1 Mil
Cash and Equivalents

Heico Corp Class A

5.05 2.0 Mil
Industrials

Liberty Formula One Group Registered Shs Series -C- Formula One

4.87 2.0 Mil
Communication Services

Vertiv Holdings Co Class A

4.23 1.7 Mil
Industrials

Natera Inc

3.61 1.4 Mil
Healthcare

TransDigm Group Inc

3.06 1.2 Mil
Industrials

Spotify Technology SA

2.98 1.2 Mil
Communication Services

Constellation Energy Corp

2.65 1.1 Mil
Utilities

DraftKings Inc Ordinary Shares - Class A

2.60 1.0 Mil
Consumer Cyclical

Micron Technology Inc

2.56 1.0 Mil
Technology

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