AWEG vs. NBSM ETF Comparison

Comparison of Alger Weatherbie Enduring Growth ETF (AWEG) to Neuberger Berman Small-Mid Cap ETF (NBSM)

AWEG

Alger Weatherbie Enduring Growth ETF

AWEG Description

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.02

Average Daily Volume

170

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$27.37

Average Daily Volume

11,663

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AWEG	NBSM
30 Days	8.09%	4.00%
60 Days	8.41%	4.33%
90 Days	8.23%	4.56%
12 Months	36.90%

1 Overlapping Holdings

	Symbol	Grade	Weight in AWEG	Weight in NBSM	Overlap
	SPSC	D	2.94%	1.51%	1.51%

AWEG Overweight 23 Positions Relative to NBSM

Symbol	Grade	Weight
TDG	D	11.7%
CWST	A	6.43%
GKOS	B	4.99%
STEP	C	4.87%
TNDM	D	4.84%
WCN	A	4.8%
HEI	A	4.66%
PCTY	C	3.92%
NEOG	F	3.62%
HUBS	A	3.14%
OLLI	D	2.99%
ACAD	C	2.9%
MEG	F	2.87%
XPO	B	2.86%
UPST	B	2.77%
RXO	D	2.64%
HLNE	B	2.11%
NCNO	C	2.09%
PGNY	F	2.07%
SITE	F	2.02%
AGYS	A	1.77%
NTRA	A	1.44%
TTD	B	1.41%

AWEG Underweight 45 Positions Relative to NBSM

Symbol	Grade	Weight
FICO	B	-4.27%
EXP	B	-3.88%
KEX	B	-3.67%
WSO	A	-3.19%
ITT	A	-3.11%
VMI	B	-3.11%
RYAN	A	-3.08%
ATR	B	-2.93%
RBC	A	-2.92%
HAE	C	-2.9%
TYL	B	-2.72%
CNX	A	-2.68%
TTEK	F	-2.46%
CHE	D	-2.41%
RLI	A	-2.33%
CBU	B	-2.21%
MKSI	C	-2.17%
TTC	C	-2.12%
CR	A	-2.09%
GGG	B	-2.04%
LFUS	D	-1.99%
LECO	C	-1.99%
TXRH	B	-1.94%
ENTG	D	-1.88%
CFR	B	-1.86%
TECH	F	-1.81%
NXST	C	-1.77%
LSCC	D	-1.77%
POWI	F	-1.59%
TDW	F	-1.59%
PB	B	-1.59%
TSCO	D	-1.59%
BSY	F	-1.54%
CHD	A	-1.51%
LNT	A	-1.49%
ROL	B	-1.46%
SSD	F	-1.37%
ICLR	D	-1.21%
MANH	D	-1.16%
IBP	D	-1.15%
BFAM	D	-1.14%
FND	D	-1.09%
AWI	A	-1.04%
CNM	D	-0.99%
CVLT	B	-0.51%